Lewes, DE -- (SBWire) -- 05/06/2019 --High Speed Surgical Drill market is expected to grow at a CAGR of roughly 3.4% over the next five years, will reach 610 million USD in 2024, from 500 million USD in 2019.
A high speed surgical drill is a tool fitted with a cutting tool attachment or driving tool attachment, usually a drill bit or driver bit, used for boring holes in various materials or fastening various materials together with the use of fasteners.
Scope of the Report:
High speed surgical drill industry is not much fragmented, manufacturers are mostly in the North America, Europe, China and Japan. Among them, North America, Europe and China output value accounted for more than 80% of the total output value of global high speed surgical drill. Johnson and Johnson is the world leading manufacturer in global high speed surgical drill market with the market share of 12.30%.
Overall, the High Speed Surgical Drill performance is positive, despite the weak economic environment.
The global High Speed Surgical Drill market is expected to reach $566.97 million by 2021 from $469.71 million in 2015, growing at a CAGR of 7.45% from 2015 to 2020. And Europe market is expected to become the biggest market with $179.48 million of revenue in 2021.
In the past few years, as the main raw material price was relatively stable, with the increasing in production capacity, expected that the High Speed Surgical Drill raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of High Speed Surgical Drill.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
The average price of High Speed Surgical Drill will fall further. The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and cost of raw materials.
The worldwide market for High Speed Surgical Drill is expected to grow at a CAGR of roughly 3.4% over the next five years, will reach 610 million US$ in 2024, from 500 million US$ in 2019, according to a new study.
This report focuses on the High Speed Surgical Drill in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Johnson & Johnson
Medtronic
Brasseler
Conmed
Adeor
Nouvag
Stryker
Aesculap
Aygun
DeSoutter Medical
Smith & Nephew
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Pneumatic high-speed surgical drill
Electric high-speed surgical drill
Market Segment by Applications, can be divided into
Dentistry
Orthopedics
Neurology
Other
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe High Speed Surgical Drill product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of High Speed Surgical Drill, with price, sales, revenue and global market share of High Speed Surgical Drill in 2017 and 2018.
Chapter 3, the High Speed Surgical Drill competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the High Speed Surgical Drill breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, High Speed Surgical Drill market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe High Speed Surgical Drill sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Spanning over 120 pages "Forecast of Global High Speed Surgical Drill Market 2024" report covers Market Overview, Manufacturers Profiles, Global High Speed Surgical Drill Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018), Global High Speed Surgical Drill Market Analysis by Regions, North America High Speed Surgical Drill by Country, Europe High Speed Surgical Drill by Country, Asia-Pacific High Speed Surgical Drill by Country, South America High Speed Surgical Drill by Country, Middle East and Africa High Speed Surgical Drill by Countries, Global High Speed Surgical Drill Market Segment by Type, Global High Speed Surgical Drill Market Segment by Application, High Speed Surgical Drill Market Forecast (2019-2024), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.
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