Orthopedic Power Tools Market Volume Analysis, size, share and Key Tr Orthopedic Power Tools Market Revenue, Opportunity | Page 3
Report
Description
Report Description
Orthopedic is the branch of medicine that deals with the prevention or correction of
injuries or disorders of the skeletal system and associated muscles, joints and ligaments.
Orthopedic power tools are electrically operated devices, which are used by surgeons to
drill holes through the bones to fix implants during orthopedic surgeries. These tools are
to facilitate surgeons to perform surgeries on a faster pace and with more precision.
Osteoporosis is a major health problem, especially in elderly population, and is
associated with fragility fractures at the hip, spine, and wrist. Hip fractures contributes to
both morbidity and mortality in the elderly. The demographics of world population are
set to change, with more elderly living in developing countries, and it has been estimated
that by 2050 half of hip fractures occur in Asia, that will drive the growth of this market.
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Orthopedic Power Tools Market: Drivers and Restraints
Presently, orthopedic power tools global market is drives by the aging population,
increasing orthopedic procedures volume, operating room supply standardization.
Orthopedic power tools global market is drives by the technological advancement, rise in
aging population around the globe, increasing orthopedic procedures volume, operating
room supply standardization, rising competition forces businesses to innovate. However,
hospital consolidation and cost-containment pressures, reimbursement policies and
medical devices excise tax act as a barrier for this market.