Europe Orthopedic Power Tools Market Size & Outlook

The orthopedic power tools market in Europe is expected to reach a projected revenue of US$ 541.3 million by 2030. A compound annual growth rate of 3.6% is expected of Europe orthopedic power tools market from 2024 to 2030.
Revenue, 2023 (US$M)
$422.0
Forecast, 2030 (US$M)
$541.3
CAGR, 2024 - 2030
3.6%
Report Coverage
Europe

Europe orthopedic power tools market, 2018-2030 (US$M)

Europe

Europe orthopedic power tools market highlights

  • The Europe orthopedic power tools market generated a revenue of USD 422.0 million in 2023.
  • The market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
  • In terms of segment, others (accessories and reamers) was the largest revenue generating product in 2023.
  • Large bone orthopedic power tools is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 422.0 million
Market revenue in 2030USD 541.3 million
Growth rate3.6% (CAGR from 2023 to 2030)
Largest segmentOthers (accessories and reamers)
Fastest growing segmentLarge bone orthopedic power tools
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLarge bone orthopedic power tools, High-speed orthopedic power tools, Small bone orthopedic power tools, Others (Accessories and reamers)
Key market players worldwideStryker Corp, Conmed Corp, Medtronic PLC, Johnson & Johnson, B. Braun Medical, Zimmer Biomet Holdings Inc, Nakanishi Inc, Shanghai Bojin Medical Instrument, Richard Wolf, DIMEDA, Arbutus Medical, medical bees, Arthrex, GPC Medical, Auxein Medical, De Soutter Medical Limited, MicroAire, Kaiser Medical Group


Other key industry trends

  • In terms of revenue, Europe region accounted for 24.7% of the global orthopedic power tools market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 461.1 million by 2030.

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Europe orthopedic power tools market size, by country, 2018-2030 (US$M)

Europe Orthopedic Power Tools Market outlook Share, 2023 & 2030 (US$M)

Europe orthopedic power tools market size, by country, 2018-2030 (US$M)

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