GVR Report cover Neurosurgery Surgical Power Tools Market Size, Share & Trends Report

Neurosurgery Surgical Power Tools Market Size, Share & Trends Analysis Report By Tools Type (Drill, Reamer, Saw, Others), By Power Type (Pneumatic, Electric, Battery-powered), By Region, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-3-68038-691-2
  • Number of Report Pages: 100
  • Format: PDF, Horizon Databook
  • Historical Range: 2018 - 2022
  • Forecast Period: 2024 - 2030 
  • Industry: Healthcare

Market Size & Trends

The global neurosurgery surgical power tools market size was valued at USD 1.29 billion in 2023 and is projected to grow at a CAGR of 3.7% from 2024 to 2030. The market growth is fueled by the rising adoption of minimally invasive neurosurgeries and an increase in cerebral disorders, alongside advancements in surgical power tools that aid surgeons and reduce surgery risks. For instance, in December 2021, DePuy Synthes (Medical Device Business Services, Inc.) introduced the UNIUM System to enhance its Power Tools collection. The system focuses on ergonomics, reliability, and efficiency for trauma care and is designed for small bone, sports medicine, spine, and thorax surgeries.

Neurosurgery Surgical Power Tools Market Size, 2024 - 2030

The market is currently propelled by the increasing acceptance of minimally invasive neurosurgeries. Surgeons are opting for minimally invasive methods for various procedures, such as surgeries for brain tumors. Patients show a clear preference for minimally invasive neurosurgeries due to their faster recovery time compared to traditional surgeries, as well as their ability to minimize incision length, trauma, tissue disruption and reduce morbidity.

The growth in the neurosurgery market is primarily fueled by an increase in neurosurgeries, such as skull base surgeries and craniotomies, coupled with technological advancements in neurosurgical power tools that offer better reliability and performance. According to the National Center for Biotechnology for Information (NCBI), during the study period, there were 687 admissions for neurosurgery, a decrease from 2550 admissions in 2019. The number of neurosurgical procedures followed a similar pattern, dropping to 654 in 2020 from 3165 in the previous year. Amidst the COVID-19 pandemic, surgery was performed on 474 patients, encompassing both trauma and non-trauma cases.

The availability of advanced neurosurgical power instruments is slated to drive market growth. These instruments will enhance the efficiency and safety of complex procedures such as craniotomies by reducing the risks associated with these surgeries.

Tools Type Insights

Drill segment dominated the market and accounted for a share of 27.8% in 2023 due to its growing utilization in minimally invasive surgical operations. This segment encompasses the cranial drill, a device used for creating larger openings in the skull during surgeries and craniotomies by drilling burr holes. Applying optically enhanced surgical drills for cranial perforation is expected to drive the market's growth. For instance, in December 2020, the IEEE journal published a study highlighting the capabilities of a DRS-integrated cranial perforator. During the drilling tests done on sheep skulls, it was found that the boundary between the bone and brain could be identified optically while drilling through the cranial bone. In addition, these tests provided strong evidence that optical detection can be utilized to automatically halt the drill motor before the CP enters the cranial cavity.

The reamers segment is expected to grow at the fastest CAGR of 4.3% over the forecast period due to its improved attributes in terms of power torque needed for surgeries. The demand for reamers is on the rise because of advancements such as magnetic coil design, which provides surgeons with the necessary high peak torque for intricate skull surgeries. For instance, in March 2022, RAZOR Single-Use Acetabular Reamers were introduced by RAZOR MEDICAL INSTRUMENTS, INC., utilized in over 150 hip replacement operations.

Power Type Insights

Electric segment dominated the market and accounted for a share of 43.5% in 2023 due to their ability to work faster. The Medtronic Midas Rex Legend Stylus is a preferred compact surgical drill with high torque for various surgeries. Power drill craniotomy is anticipated to enhance growth in treating traumatic injury patients. For instance, a study published in July 2023 found a new electric power drill system effectively used in bedside neurosurgery for traumatic brain injury patients, offering enhanced safety, lower complications, and improved effectiveness in urgent cases.

Neurosurgery Surgical Power Tools Market Share, 2023

Battery-powered segment is expected to grow at the fastest CAGR of 4.3% over the forecast period due to their ergonomic design and higher efficiency than traditional tools. This segment encompasses the bone drill, a battery-powered tool surgeons use in neurosurgery. Because of these tools' enhanced precision and effectiveness, surgeons worldwide are adopting to use them. For instance, a neurosurgeon at Northwestern Medicine used a new neurosurgical drill to save a patient's life in the intensive care unit. In October 2023, a critical procedure was performed at Northwestern Memorial Hospital. The Hubly Drill, a cranial drill designed by students at Northwestern University, was utilized to make a hole in the skull of a patient suffering from a brain hemorrhage.

Regional Insights

North America neurosurgery surgical power tools market dominated the market in 2023. The market's growth can be attributed to the rise in brain injuries & other neurological disorders and the presence of experienced neurosurgeons. In addition, growth is also fueled by the rising need for neurosurgical procedures, increasing FDA approvals, and the subsequent release of products by major players. The market is expected to be propelled in the coming days due to the rising amounts of minimally invasive neurosurgical procedures and the growing utilization of advanced power tools.

Neurosurgery Surgical Power Tools Market Trends, by Region, 2024 - 2030

U.S. Neurosurgery Surgical Power Tools Market Trends

The U.S. neurosurgery surgical power tools market dominated the North America market with a share of 80.0% in 2023 due to the high demand for surgical power tools in the country. Recent approvals of advanced surgical power tools are expected to drive the market. For instance, Johnson & Johnson subsidiary, DePuy Synthes, received FDA 510(k) approvals for its TriALTIS Spine System and Navigation Enabled Instruments, catering to orthopedic applications. The TriALTIS Spine System is a comprehensive solution for posterior thoracolumbar pedicle screw procedures, integrating a variety of implants with advanced instrumentation. The Navigation Enabled Instruments, including drills, taps, and screwdrivers, support both manual and powered use, enhancing surgical precision in navigated and traditional surgeries.

Europe Neurosurgery Surgical Power Tools Market Trends

Europe neurosurgery surgical power tools market was identified as a lucrative region in this industry. The increasing prevalence of neurological diseases that require surgical procedures is expected to drive the growth of the market. For instance, The Lancet Neurology published a study stating that over 3 billion individuals globally were experiencing a neurological disorder in 2021. Neurological disorders are currently the primary reason for ill health and disabilities on a global scale. The total number of neurological conditions has risen by 18% since 1990, leading to high disabilities, illnesses, and premature deaths.

The UK neurosurgery surgical power tools market is expected to grow rapidly in the coming years due to surgeons' increased acceptance of advanced surgical power tools. These tools are more commonly utilized because they are highly reliable and efficient.

The German neurosurgery surgical power tools market held a substantial market share in 2023 owing to the country's high usage of neurosurgical instruments. The country's increased requirement for neurosurgical instruments is also expected to drive the market's growth.

Asia Pacific Neurosurgery Surgical Power Tools Market Trends

Asia Pacific neurosurgery surgical power tools market is anticipated to witness significant growth. This growth is attributed to the region's rising number of nursing centers, offering programs such as motivational events and educational seminars to raise awareness of brain tumors and the available treatment options. Introducing novel and advanced products in the region rapidly boosts the demand for power tools. Thus, major companies' heightened consumer awareness and the introduction of new products are driving the demand for neurosurgery surgical power tools in this area.

Japan neurosurgery surgical power tools market is expected to grow rapidly in the coming years due to increasing investment in the technological advancement and innovations related to the surgical power tools.

China neurosurgery surgical power tools market held a substantial market share in 2023 owing to the high adoption of surgical power tools by surgeons in the country. The market is expected to grow rapidly due to its advantage of reducing neurosurgery risk.

Latin America Neurosurgery Surgical Power Tools Market Insights & Trends

Latin America neurosurgery surgical power tools market is anticipated to witness significant growth over the forecast period due to recent launches made by key industry players in the region. For instance, in January 2022, ReedHycalog introduced the Fuego Reamer, its wellbore conditioning tool in Latin America, aiming for high performance and cost efficiency. The Fuego Reamer has new design elements, ideas, and materials that work exceptionally with the company’s Fuego drill bits collection. It can enhance weight distribution on the drill bit, decrease torque from the string, reduce reaming time during connections and trips, and eliminate the need for separate clean-out runs. All of these advantages save time and decrease the overall cost of drilling.

Brazil neurosurgery surgical power tools market is expected to witness rapid growth in the forecast period owing to the country's increasing number of CNS tumor cases. For instance, a study published in the Neuro-Oncology Practice Journal in August 2022, stated that Brazil was projected to have 5870 new cases of Malignant Cranial Nerve Sheath Tumor (MCNST) for men and 5220 for women each year from 2020.

Middle East and Africa Neurosurgery Surgical Power Tools Market Trends

Middle East and Africa neurosurgery surgical power tools market is anticipated to grow significantly over the forecast period. Partnerships and funding from major industry players are driving the market forward. The increasing number of hospital admissions for traumatic surgeries is also expected to drive the neurosurgery surgical power tools market during the forecast period.

South Africa neurosurgery surgical power tools market is expected to witness rapid growth in the forecast period, owing to the rising demand for these tools and the increasing utilization of these tools in spinal surgical procedures.

Key Neurosurgery Surgical Power Tools Company Insights

Some of the key companies in the neurosurgery surgical power tools market include B. Braun SE, Stryker, Medtronic, Zimmer Biomet., AYGUN, KARL STORZ SE & Co. KG, Johnson & Johnson Services, Inc., De Soutter Medical, adeor medical AG., and ACRA-CUT Inc. Organizations are focusing on increasing customer base to gain a competitive edge in the industry. Therefore, key players are taking several strategic initiatives, such as mergers and acquisitions, and partnerships with other major companies.

  • B. Braun SE specializes in creating, producing, and distributing a wide range of medical and pharmaceutical products alongside offering medical services. Their portfolio includes everything from infusion solutions and disinfection products to surgical instruments and dialysis equipment.

  • Medtronic is a medical technology company that manufactures and sells devices for various health issues, including cardiovascular, neurological, and musculoskeletal conditions. They also offer biological solutions for orthopedic and dental applications.

Key Neurosurgery Surgical Power Tools Companies:

The following are the leading companies in the neurosurgery surgical power tools market. These companies collectively hold the largest market share and dictate industry trends.

  • B. Braun Melsungen AG
  • Stryker
  • Medtronic
  • Zimmer Biomet.
  • AYGUN
  • KARL STORZ SE & Co. KG
  • Johnson & Johnson Services, Inc.
  • De Soutter Medical
  • adeor medical AG.
  • ACRA-CUT Inc.

Recent Developments

  • In March 2023, Stryker launched its CD NXT System, the newest advancement in its power tools lineup. This unique technology offers immediate depth measurement while the surgeon is drilling, enabling quick, precise, consistent digital depth measurements in different procedures.

  • In August 2021, ClearPoint Neuro, Inc. partnered with adeor medical AG, a surgical equipment company from Germany, for powered neurosurgical drill solutions.

  • In December 2020, Medtronic, a medical technology company, stated that the FDA approved the utilization of navigated interbody and Midas Rex high-speed drills with the Mazor Robotic Guidance System.

Neurosurgery Surgical Power Tools Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 1.34 billion

Revenue forecast in 2030

USD 1.66 billion

Growth Rate

CAGR of 3.7% from 2024 to 2030

Base year for estimation

2023

Historical data

2018 - 2022

Forecast period

2024 - 2030

Quantitative units

Revenue in USD million and CAGR from 2024 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Tool type, power type, region

Regional scope

North America, Europe, Asia Pacific, Latin America, MEA

Country scope

U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, Denmark, Sweden, Norway, Japan, China, India, Australia, South Korea, Thailand, Brazil, Argentina, South Africa, Saudi Arabia, UAE, Kuwait

Key companies profiled

B. Braun SE; Stryker; Medtronic; Zimmer Biomet.; AYGUN; KARL STORZ SE & Co. KG; Johnson & Johnson Services, Inc.; De Soutter Medical; adeor medical AG.; ACRA-CUT Inc.

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Global Neurosurgery Surgical Power Tools Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the neurosurgery surgical power tools market report based on tool type, power type and region.

Global Neurosurgery Surgical Power Tools Market Report Segmentation

  • Tool Type Outlook (Revenue, USD Million, 2018 - 2030)

    • Drill

    • Saw

    • Reamer

    • Others

  • Power Type Outlook (Revenue, USD Million, 2018 - 2030)

    • Pneumatic

    • Electric

    • Battery-powered

  • Regional Outlook (Revenue, USD Million, 2018 - 2030)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • UK

      • Germany

      • France

      • Italy

      • Spain

      • Denmark

      • Sweden

      • Norway

    • Asia Pacific

      • Japan

      • China

      • India

      • Australia

      • South Korea

      • Thailand

    • Latin America

      • Brazil

      • Argentina

    • Middle East and Africa (MEA)

      • South Africa

      • Saudi Arabia

      • UAE

      • Kuwait

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