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Neurosurgical Drills Market

Neurosurgical Drills Market

Neurosurgical Drills Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

256

Base Year:

2024

Date

Nov - 2024

Format:

PDF XLS PPT

Report Code:

VMR-VMR-2021-0201

Segments Covered
  • By Product Type By Product Type Pneumatic Drills, Electric Drills, Battery Powdered Drills, Accessories
  • By Application By Application Orthopedic Surgery, Neurosurgery, ENT Surgery, Dental Surgery, Others
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2024
Forecast YearsForecast Years: 2025 - 2034
Historical YearsHistorical Years: 2019 - 2023
Revenue 2024Revenue 2024: USD 659.63 Million
Revenue 2034Revenue 2034: USD 1420.83 Million
Revenue CAGRRevenue CAGR (2025 - 2034): 8.0%
Fastest Growing Region Fastest Growing Region (2025 - 2034) Asia Pacific
Largest Region Largest Region (2024): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
Neurosurgical Drills Market Share

Key Insights

The Global Neurosurgical Drills Market is valued at USD 659.63 Million in 2024 and is projected to reach a value of USD 1420.83 Million by 2034 at a CAGR (Compound Annual Growth Rate) of 8.0% between 2025 and 2034.

Definition And Overview

Devices used to treat the skull and brain injuries by surgeons is known as electric and pneumatic Neurosurgical Drills. Pneumatic drill system is a hydraulically system powered surgical instrument.

The global Neurosurgical Drills market is segmented based on by Product Type, Application, Regions, and Countries. This report provides an analysis of the global Neurosurgical Drills market for the historic period of 2019–2023 and forecasts for 2025–2034 while 2023 is considered as a base year for estimations. The report covers exhaustive analysis on the global Neurosurgical Drills industry, which includes market trends, drivers, restraints, opportunities, segmental analysis, regional trends, and competitive landscape among others. The report provides a detailed study on various product types and their applications in different industry verticals at the global/regional/country level. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments have been analyzed based on present and future trends. The research study provides complete assessment of the market on the basis of competition, drivers, restraints, opportunities, trends, and industry-authenticated data. The market is estimated from 2019 to 2023 with forecast from 2025 to 2034.

Neurosurgical Drills Market Size, 2024 To 2034 (USD Million)

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COVID-19 Impact Analysis

COVID-19 pandemic led to government of numerous countries across the globe to impose stringent lockdown measures during the primary stages. This led to numerous challenges owing to the supply chain. However, the market witnessed steady growth over the later stages as the governments lifted restrictions on construction activities. Impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.

The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

  • Impact Assessment of COVID-19 Pandemic
  • Pre & Post COVID-19 Market Size
  • Qualitative analysis on the short term & long-term impact of COVID-19 on the market
  • The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Industry Analysis

The rise in demand for light and compact Neurosurgical Drills is the most important determinant anticipated to intensify the demand and growth of Neurosurgical Drills market. Additionally, next-generation devices introduction like in and electric power and pneumatic systems which has a great precision and it also allows safe grip is also anticipated to fuel the growth in market over coming years globally.

Increase in the neurological conditions incidences and the rise in the pervasiveness of traumatic injuries in spine which need surgeries are also expected to improve the market growth. Furthermore, the rise in aged population and increase in neurological disorders like cerebral disorder and brain injuries are also expected to drive the Neurosurgical Drills market growth.

Shortage of skilled neurosurgeons and high cost are anticipated to restraint the Neurosurgical Drills market growth.

Product Analysis Preview

Product Type Analysis: Preview

On the basis of Product Type, the market is segmented into Pneumatic Drills, Electric Drills, Battery Powdered Drills, Accessories. Pneumatic Drills held the highest share in the global Neurosurgical Drills market and is projected to witness the same trend during the forecast period. Companies in this sector are opting to advanced technologies in their supply chain to cater the end user requirements effectively.

Application Analysis: Preview

Based on Application, the market is segmented into Orthopedic Surgery, Neurosurgery, ENT Surgery, Dental Surgery, Others. Orthopedic Surgery accounted for the highest market share and is expected to grow at a significant CAGR from 2025 to 2034.

Report Coverage & Deliverables

PDF report & online dashboard will help you understand:

  • Real-Time Data Updates:
  • Competitor Benchmarking
  • Market Trends Heatmap
  • Custom Research Queries
  • Market Sentiment Analysis
  • Demographic and Geographic Insights

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Regional Analysis Preview

Based on region, the global Neurosurgical Drills market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America region led the market with the largest share in 2023. Some of the key countries contributing to the surge in the market are the U.S, U.K., Germany, France, China, India, Japan, and South Korea. Developing economies in the Asia Pacific region such as China and India are expected to make notable contributions in the growth over the coming years. Thus, it is expected that the Neurosurgical Drills market is anticipated to rise over the forecast timespan.

Competitive Landscape

The market comprises of numerous small, medium, and large sized players spread across various geographies. Some of the main competitors in the global Neurosurgical Drills market are B. Braun, Micromar, MedicMicro, Stars Medical Devices, Adeor, Aygun, Evonos, ACRA-CUT, DeSoutter Medical, Shanghai Bojin, Medtronic, Depuy Synthes, Nouvag, NSK Surgery. The report covers company market share analysis which gives a comprehensive overview of the main competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.

The global Neurosurgical Drills market can be categorized as Type, Application, End-Use Industry, and Region.

Parameter Details
Segments Covered

By Product Type

  • Pneumatic Drills
  • Electric Drills
  • Battery Powdered Drills
  • Accessories

By Application

  • Orthopedic Surgery
  • Neurosurgery
  • ENT Surgery
  • Dental Surgery
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • ACRA-CUT Inc.
  • NSK
  • evonos GmbH & Co. KG
  • Nouvag AG
  • De Soutter Medical
  • B. Braun Melsungen AG
  • Medtronic
  • Stryker
  • Zimmer Biomet
  • AYGUN CO. Inc.
  • adeor medical AG
  • Bien-Air Surgery SA
  • CONMED Corporation
  • DePuy Synthes
  • Wuhu Ruijin Medical Instrument & Device Co. Ltd.
  • Integra LifeSciences Corporation
  • KARL STORZ SE & Co. KG
  • and Shanghai Bojin Medical Instrument Co. Ltd.
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis
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FAQ
Frequently Asked Question
  • The global Neurosurgical Drills valued at USD 659.63 Million in 2024 and is expected to reach USD 1420.83 Million in 2034 growing at a CAGR of 8.0%.

  • The prominent players in the market are ACRA-CUT Inc., NSK, evonos GmbH & Co. KG, Nouvag AG, De Soutter Medical, B. Braun Melsungen AG, Medtronic, Stryker, Zimmer Biomet, AYGUN CO.,INC., adeor medical AG, Bien-Air Surgery SA, CONMED Corporation, DePuy Synthes, Wuhu Ruijin Medical Instrument & Device Co.,ltd., Integra LifeSciences Corporation, KARL STORZ SE & Co. KG, and Shanghai Bojin Medical Instrument Co.,Ltd.,.

  • The market is project to grow at a CAGR of 8.0% between 2025 and 2034.

  • The driving factors of the Neurosurgical Drills include

    • Increasing Neurological Disorders Such As Brain Injuries And Cerebral Disorder

  • North America was the leading regional segment of the Neurosurgical Drills in 2024.