Global Orthopedic Power Tools Market Size & Outlook
The global orthopedic power tools market size was estimated at USD 1,709.1 million in 2023 and is projected to reach USD 2,211.3 million by 2030, growing at a CAGR of 3.7% from 2024 to 2030.
Revenue, 2023 (US$M)
$1,709.1
Forecast, 2030 (US$M)
$2,211.3
CAGR, 2024 - 2030
3.7%
Report Coverage
Worldwide
Global orthopedic power tools market, 2018-2030 (US$M)
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Global orthopedic power tools market highlights
- The global orthopedic power tools market generated a revenue of USD 1,709.1 million in 2023 and is expected to reach USD 2,211.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.7% by 2030.
- In terms of segment, large bone orthopedic power tools accounted for a revenue of USD 496.2 million in 2023.
- High-speed orthopedic power tools is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Denmark is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,709.1 million |
| Market revenue in 2030 | USD 2,211.3 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Large bone orthopedic power tools |
| Fastest growing segment | High-speed orthopedic power tools |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Large bone orthopedic power tools, High-speed orthopedic power tools, Small bone orthopedic power tools, Others (Accessories and reamers) |
Other key industry trends
- In terms of revenue, the North America accounted for 46.2% of the global orthopedic power tools market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Denmark is the fastest growing regional market and is projected to reach USD 12.9 million by 2030.
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Orthopedic Power Tools Market outlook Scope
Orthopedic power tools market segmentation & scope
Orthopedic Power Tools Market outlook Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Kaiser Medical Group | View profile | - | Zug, Zug, Switzerland, Europe | - |
| Auxein Medical | View profile | 251-500 | Haryana, Haryana, India, Asia | https://www.auxein.com |
| medical bees | View profile | 51-100 | Emmingen-liptingen, Baden-Wurttemberg, Germany, Europe | https://www.medical-bees.de |
| Arbutus Medical | View profile | 11-50 | Vancouver, British Columbia, Canada, North America | http://arbutusmedical.com/ |
| DIMEDA | View profile | 51-100 | Tuttlingen, Baden-Wurttemberg, Germany, Europe | https://www.dimeda.de |
| Shanghai Bojin Medical Instrument | View profile | 251-500 | Shanghai, Shanghai, China, Asia | https://www.bojin-medical.com |
| MicroAire | View profile | 101-250 | Charlottesville, Virginia, United States, North America | http://www.microaire.com |
| Nakanishi Inc | View profile | 2310 | 700 Shimohinata, Kanuma-shi, Tochigi, Japan | http://www.nsk-nakanishi.co.jp |
| GPC Medical | View profile | 251-500 | New Delhi, Delhi, India, Asia | https://www.orthorehabaids.com/ |
| De Soutter Medical Limited | View profile | 51-100 | London, England, United Kingdom, Europe | https://www.de-soutter.com |
| Arthrex | View profile | 5001-10000 | Naples, Florida, United States, North America | https://www.arthrex.com/ |
| Richard Wolf | View profile | 1001-5000 | Knittlingen, Baden-Wurttemberg, Germany, Europe | https://www.richard-wolf.com/en/ |
| B. Braun Medical | View profile | 10001+ | Bethlehem, Pennsylvania, United States, North America | http://www.bbraunusa.com |
| Conmed Corp | View profile | 4000 | 11311 Concept Boulevard, Largo, FL, United States, 33773 | https://www.conmed.com |
| Zimmer Biomet Holdings Inc | View profile | 18000 | 345 East Main Street, Warsaw, IN, United States, 46580 | https://www.zimmerbiomet.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Global orthopedic power tools market size, by regions, 2018-2030 (US$M)
Top 10 countries: Orthopedic power tools market size, 2023 (US$M)
Global orthopedic power tools market share, by product, 2023 & 2030 (%, US$M)
Orthopedic power tools market: Opportunity assessment by country
Global orthopedic power tools market, by region, 2023 (US$M)
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