Fitness Trends Orthopedic Power Tools Market | Seite 2

However, contamination in the reusable devices, pricing pressure on manufacturers, and
unfavorable reimbursement scenario are expected to restrain the market growth. For instance,
according to CDC in 2011, the prevalence of healthcare associated infection were estimated at
157,500 surgical site infections in inpatient surgeries.
Global orthopedic power tools market growth is driven by advancements in technology and rise
in orthopedic surgeries:
High prevalence of osteoporosis and increasing orthopedic surgeries are major factors driving
growth of the global orthopedic power tools market. According to the International Osteoporosis
Foundation, in 2014, 200 million individuals suffered from osteoporosis. Similarly, according to
Becker’s Ambulatory Surgical Centre Review, in 2011, around 5.3 million orthopedic surgeries
were performed and the number was projected to reach 6.6 million by 2020. Such high
prevalence rate of osteoporosis and orthopedic surgeries is expected to fuel demand for
orthopedic power tools over the forecast period.
Advancement in technology and increasing geriatric population is expected to propel growth of
the market. For instance, in March 2017, Stryker Corporation introduced a range of instruments
under the brand name System 8 Power Tool. The tool is used for orthopedic applications and
includes advanced System 8 SABO sagittal saw and System 8 cordless drivers that offer better
accuracy and are more efficient.
However, contamination of sterile instruments, increasing expanse associated with manufacturing
of orthopedic power tools, and stringent government regulations are factors hindering growth of
the orthopedic power tools market. The standard registration fees by FDA for larger companies
manufacturing medical devices has increased by 33% in 2018 with the 510(k) application fees
rising by 125%.
The global orthopedic power tools market was valued at US$ 829.63 million in 2016
and is expected to exhibit a robust CAGR of 3.3% over the forecast period (2017–2025).
Report includes chapters which deeply display the following deliverable about industry :
• Global Orthopedic Power Tools Market Research Objective and Assumption
• Global Orthopedic Power Tools Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Global Orthopedic Power Tools Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis