Global Surgical Drill Market will reach US$ 872.9 Million by 2027, due to rising number of Surgical Procedures
14 Jan, 2023

As per Renub Research’s latest report titled “Surgical Drill Market, Size, Forecast 2023-2027 Share, Growth, Industry Trends, Opportunity” Global Surgical Drill Market Size will reach US$ 872.92 Million by 2027 at a CAGR of 5.26%. A surgical drill is an instrument used to bore holes inborn for the attachment of surgical pins, plates, and screws or to remove skull base bones and reshape teeth in preparation for a fall. These tools are used for various purposes such as drilling holes in the jawbone, preparing the site for implant placement, and fixing the implant in place.

Surgical drills are nearly new to lift craniotomy bone flaps, removing skull base bone and thereby exposing underlying neurovascular structures and decreasing the need for significant brain retraction, and facilitating bony decompression and instrumentation in spine surgery. The drills can be either air or electrically-powered. It is usually built from, carbon steel, stainless steel, aluminum, or titanium, and are available in a different range of dimension in anything from dental to neurological surgeries which can be used multiple times after sterilization.

The surgical drill set and sleeves used for navigation surgery are used in this model-based guide. Various instruments are used for the retro sigmoid approach to the CPA, including craniotomy instruments, retractors, high-speed surgical drills with a selection of cutting and diamond burrs, suction and suction-irrigation tips of the fenestrated and no fenestrated types, bipolar cautery, microdissection instruments, and a binocular operating microscope.

An increasing number of a surgical policies due to sports injuries, accidents, dental surgeries, and orthopedic surgeries owing to a high prevalence of dental problems, orthopedic diseases, and other chronic conditions where the surgery is being suggested as mandatory is the major factor that is driving the Surgical Drills market and the increasing popularity of chronic disease stands in need of surgical mediation combined with the inauguration of technologically advanced tools by key players contributing to the advancement of the surgical drill market. The main element influencing the market is the rising number of surgical procedures due to physical therapy, collisions, tooth surgeries, and orthopedic surgeries contributing to the high popularity of dental problems.

The surgical drill may cause nerve impairment from thermal damage even though the surgical drill does not violate the mandibular canal. Most commonly, this is the result of insufficient irrigation, which leads to overheating ting the bone. Thermal trauma may lead to nerve impairment via bone necrosis from overheating the bone during preparation. Excessive temperatures have been shown to produce necrosis, fibrosis, degeneration, and increased osteoplastic involvement.However, the absence of proper healthcare facilities and lower investments in underdeveloped countries are major factors restraining the growth of the market.

In 2021, an estimated 42,915 people died in motor vehicle traffic crashes last year from the 38,824 fatalities in 2020 by NHTSA.

Although COVID-19 has negatively impacted the surgical drill market which includes a lack of a coordinated federal response, we impacted health insurance coverage, a politicized approach to public health and safety, and disruption. In addition, some of the surgical procedures are either canceled or postponed which further stops the growth of the surgical drill industry. To save healthcare resources for the treatment of COVID-19 patients, the government of several countries issued directives to post-cancel non-surgical surgeries.

According to World Health Organisation (WHO), the Covid-19 pandemic impressed the demand and supply of the high-speed surgical drill market. Lockdowns across the globe, supply chain disorganization, and oscillating supply of raw materials forced manufacturers to shut down production leading to decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

In 2022, According to World Health Organization (WHO) globally it is estimated that 2 billion people suffer from caries of permanent teeth and 514 million children suffer from caries of primary teeth.

Key Market Players:-

Key players in the Global Surgical Drill market include Medtronic, Smith & Nephew Plc., Johnson & Johnson, B. BarunMelsungen, Stryker, Zimmer Biomet, Conmend Corporation, and AltraIndustrial Motion Corp
In 2022, Zimmer Biomet Holding announced fir first-of-its-increment to HSS for innocent vacationCentre for Artificial Intelligence in Robotic Joint Replacement. Through the collaboration, ZB and HSS aim to develop new deck decision-help instruments, etc.
In Dec 2022, Medtronic has been that the U.S. Food and Drug Administration (FDA) has dismissed the use of navigated interbrain high-speed drills with the Robotic Guidance system.

Market Summary:

• Product - Report covers Global Surgical Drill Market, by product in 4 viewpoints (Pneumatic drill, Electric drill, Battery powered and Accessories).
• Application - Surgical drill Market breakup from 5 viewpoints (Orthopaedic surgery, Dental surgery, ENT surgery, Neurology surgery and others)
• End-User - Global Surgical Drill Market Market breakup in 3 viewpoints (Hospital, Ambulatory Care, others).
• Region - Renub Research report covers by region in 5 viewpoints (North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa).
• Key Players - All the major players have been covered from 4 Viewpoints (Overview, Strategy, Merger/Acquisition, and Financial Insight) Medtronic, Smith & Nephew Plc., Johnson & Johnson, B. BarunMelsungen, Stryker, Zimmer Biomet, Conmend Corporation, and AltraIndustrial Motion Corp.