info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)
Certified Global Research Member
Isomar 1 Iso 1
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

US Surgical Drills Market Research Report: By Application (Orthopedic surgery, Neurosurgery, Dental surgery), By Product Type (Pneumatic drills, Electric drills, Others) and By End User (Hospitals & clinics, Others) - Forecast to 2035


ID: MRFR/MED/13972-US | 100 Pages | Author: MRFR Research Team| December 2023


US Surgical Drills Market Overview:


As per MRFR analysis, the US Surgical Drills Market Size was estimated at 233.62 (USD Million) in 2023. The US Surgical Drills Market Industry is expected to grow from 247.45(USD Million) in 2024 to 464.51 (USD Million) by 2035. The US Surgical Drills Market CAGR (growth rate) is expected to be around 5.892% during the forecast period (2025 - 2035).


Key US Surgical Drills Market Trends Highlighted


The US Surgical Drills Market is witnessing significant advancements driven by several key market drivers. One of the main factors contributing to growth is the increasing demand for minimally invasive surgeries, which has led to the development of more precise and efficient surgical drill technologies. With a growing focus on improving patient outcomes and reducing recovery times, healthcare providers are adopting innovative surgical instruments that enhance operational efficiency. The rise in the elderly population in the US is also a major driver, as aging individuals typically require more orthopedic and neurosurgical procedures, thus fueling the demand for surgical drills.Opportunities to be explored in the US market include the integration of smart technologies and IoT capabilities into surgical drills. This enables real-time monitoring and feedback during surgeries, enhancing precision and safety. Additionally, investments in research and development for new materials and designs are opening avenues for manufacturers to create lighter and more durable equipment tailored for specific surgeries. Collaborations between medical device manufacturers and technology companies are expected to further foster innovation in this area. In recent times, there is a trend toward the adoption of robotic-assisted surgical systems that incorporate surgical drills.These systems are increasingly being utilized in hospitals across the US, providing surgeons with advanced tools for better functionality and control. Furthermore, regulatory changes and increased funding for healthcare technologies are encouraging developments in the surgical drills segment. With the shift towards outpatient surgeries and healthcare facilities focusing on enhancing the patient experience, the market for surgical drills in the US is evolving rapidly, indicating promising growth potential in the foreseeable future.

US Surgical Drills Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Surgical Drills Market Drivers

Rising Demand for Minimally Invasive Surgeries


The US Surgical Drills Market Industry is experiencing significant growth due to the rising demand for minimally invasive surgical procedures. According to the Centers for Medicare and Medicaid Services, minimally invasive surgeries have seen an increase of approximately 20 percent over the last decade. This shift towards less invasive techniques is motivated by the benefits of reduced recovery times and lower risk of complications. Prominent manufacturers such as Medtronic and Stryker are investing heavily in the development of advanced surgical drill technology tailored for minimally invasive techniques.This ongoing trend is not only shaping the way surgeries are performed but is also driving the growth of the US Surgical Drills Market as healthcare providers aim to adopt tools that align with these evolving surgical methods.


Growing Geriatric Population


The aging population in the United States is one of the primary drivers for the US Surgical Drills Market Industry. The U.S. Census Bureau reports that the proportion of individuals aged 65 and older is projected to grow from 15.2% in 2016 to nearly 22% by 2040. As older adults often have an increased prevalence of health conditions requiring surgical intervention, the demand for surgical drills is expected to rise. Companies like DePuy Synthes and Zimmer Biomet are actively working on surgical innovations aimed at this demographic, thus further propelling market growth.


Technological Advancements in Surgical Equipment


Technological advancements significantly impact the US Surgical Drills Market Industry, as new innovations improve the capabilities and safety of surgical procedures. The National Institutes of Health highlights that investment in Research and Development (R&D) for surgical technologies has increased by over 30% in the past five years. Leading organizations like Johnson & Johnson are at the forefront of this trend, continually innovating their surgical drills to incorporate features such as smart technology and improved ergonomics.These advancements not only enhance surgical outcomes but also contribute to the growing market, as hospitals and healthcare systems strive to stay at the cutting edge of surgical technology.

US Surgical Drills Market Segment Insights:

Surgical Drills Market Application Insights



The US Surgical Drills Market, particularly in the Application segment, demonstrates a robust framework that supports a variety of surgical procedures, including Orthopedic surgery, Neurosurgery, and Dental surgery. The growing prevalence of chronic diseases and the aging population in the United States have led to increased surgical interventions, driving demand within this sector. Moreover, technological advancements and the introduction of innovative product designs significantly enhance operational efficiency while ensuring precision during surgical procedures.Orthopedic surgery, as a key component of the Application segment, plays a vital role due to the high incidence of bone-related injuries and degenerative diseases. It facilitates surgeries ranging from joint replacements to fracture repairs, often employing specialized drills to ensure minimal recovery time and improved patient outcomes. Meanwhile, Neurosurgery benefits from surgical drill technologies that cater to intricate procedures involving cranial access, which are critical for treating a variety of neurological disorders. The emphasis on minimally invasive techniques in this field not only reduces patient trauma but also enhances surgical precision, making it a significant area of growth within the market.In addition, Dental surgery, which is a highly specialized segment, relies heavily on surgical drills for procedures such as implants and extractions. The precision and control provided by modern dental drills have revolutionized patient experiences, offering faster recovery times and less discomfort. The continued innovation and integration of smart technologies within surgical drills are expected to further transform these applications, fostering growth opportunities in the US Surgical Drills Market. Overall, the Application segment is driven by a combination of demographic trends, technological advancements, and increasing patient awareness, ensuring that it remains a fundamental pillar within the US Surgical Drills Market industry.The statistical data surrounding this market illustrates a compelling narrative of its expansion, reflecting how essential these surgical drills have become across various medical disciplines. Continued research and development are vital to support the segment's growth, as stakeholders seek to enhance features, streamline processes, and ultimately improve care delivery in the United States' healthcare landscape.


US Surgical Drills Market segment

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Surgical Drills Market Product Type Insights



The US Surgical Drills Market has shown considerable growth, with the Product Type segment representing a significant portion of this market. Within this arena, Pneumatic drills and Electric drills are the primary types utilized in surgical settings. Pneumatic drills are well-regarded for their reliability and high-speed capabilities, making them a preferred choice in environments requiring precision and efficiency. Conversely, Electric drills provide advantages such as flexibility and ease of use, especially in minimally invasive procedures, which are increasingly favored in modern surgical practices.The Others category encompasses various specialized and niche drill types that cater to specific surgical requirements, thus aligning with unique procedural demands. The dominance of these product types is driven by ongoing advancements in technology and surgical procedures, as well as the rising focus on improving patient outcomes. The US Surgical Drills Market segmentation reveals a dynamic interplay between these types, reflecting the industry's adaptation to emerging trends and evolving surgical techniques. As the healthcare landscape in the US places more emphasis on technological innovation and patient-centric approaches, the significance of these product types is expected to continue growing, driving improvements in surgical efficiency and precision.

Surgical Drills Market End User Insights



The US Surgical Drills Market is segmented by End User, primarily into Hospitals and clinics, as well as other healthcare facilities. Hospitals play a pivotal role in this market segment due to their extensive surgical operations and the need for advanced surgical tools to enhance patient outcomes. The growing number of surgical procedures performed in hospitals, fueled by an aging population and an increase in chronic diseases, contributes significantly to the demand for surgical drills. Clinics also represent an important aspect of the market as they increasingly adopt surgical drills to provide outpatient surgery services, which are becoming more prevalent.This combination of hospital-based and clinical settings highlights the diverse application of surgical drills in various surgical specialties. Furthermore, the trend toward minimally invasive surgeries is expected to drive growth in this segment, as surgical drills evolve to become more precise and efficient in these procedures. As healthcare stakeholders focus on improving surgical quality and patient care, this segment remains crucial for the advancement of surgical technologies in the US healthcare landscape.

US Surgical Drills Market Key Players and Competitive Insights:


The US Surgical Drills Market is characterized by a competitive landscape that is continuously evolving due to technological advancements, increasing demand for minimally invasive surgical procedures, and the rising incidence of orthopedic and neurosurgical conditions. Competitors in this market are constantly innovating to enhance the functionality, precision, and efficiency of surgical drills, which are critical tools in various surgical specialties. The market is segmented into different categories based on product type, application, and technology, with numerous players vying for a significant share. The presence of established companies along with emerging startups creates a dynamic environment where companies are leveraging strategies such as mergers and acquisitions, partnerships, and technological collaborations to gain a competitive edge. The focus on research and development is paramount, as companies strive to meet the diverse needs of healthcare providers and improve surgical outcomes.Smith and Nephew stands out in the US Surgical Drills Market with a strong reputation for delivering high-quality medical devices. The company's extensive product portfolio includes advanced surgical drills that cater to a variety of orthopedic and trauma surgeries. Smith and Nephew has successfully cultivated a presence in the market through its commitment to innovation and patient safety. Their surgical drills are designed to enhance precision and control during procedures, making them a preferred choice among surgeons. The company benefits from a strong distribution network and established relationships with healthcare professionals, fostering trust in their brand. Additionally, their emphasis on training and support for medical staff further solidifies their position in the competitive landscape, enabling them to address the needs of users effectively and efficiently.MicroAire is another key player in the US Surgical Drills Market, recognized for its specialized focus on providing unique surgical solutions. The company offers a range of surgical drills and powered instruments that are particularly valuable in orthopedic surgery, especially in procedures such as arthroscopy and orthopedic trauma. MicroAire has a solid market presence, leveraging its strengths in innovative design and user-centric development. Their products are known for their reliability and performance, which resonate well with surgeons seeking efficient tools. MicroAire has also engaged in strategic partnerships and collaborations to enhance its product offerings and expand its reach in the US market. The company has made notable investments in research and development to continue improving surgical technologies. Their proactive approach to mergers and acquisitions has also enabled them to diversify their product line and maintain a competitive advantage, solidifying their place in the dynamic landscape of the surgical drills market.


Key Companies in the US Surgical Drills Market Include:

Smith and Nephew


MicroAire


Integra LifeSciences


B. Braun


Medtronic


Olympus


KLS Martin


Aesculap


DePuy Synthes


Nobel Biocare


Stryker


ConMed


NuVasive


Dentsply Sirona


Zimmer Biomet


US Surgical Drills Market Industry Developments


Recent developments in the US Surgical Drills Market have shown significant growth as medical technology advances. Companies like Smith and Nephew and Stryker are leading innovation, with Smith and Nephew introducing new minimally invasive surgical drill systems, enhancing precision in joint surgeries. In August 2023, Medtronic expanded its product portfolio by unveiling a series of next-generation surgical drills specifically targeting orthopedic applications, which is poised to influence market dynamics positively. Meanwhile, on the mergers and acquisitions front, B. Braun announced its acquisition of an undisclosed surgical tools company in September 2023 to bolster its presence in the US market. Integra LifeSciences also filed to acquire a niche market player focused on innovative surgical tools, enhancing its growth prospects. Over the last few years, the increasing prevalence of orthopedic surgeries and an aging population in the US have significantly driven demand for surgical drills, with market valuation projected to climb steadily. Reports from healthcare unions indicate that technological advancements and increased precision in surgical procedures are major contributors to this upward trend in market growth, solidifying the U.S. Surgical Drills Market as a key player in the medical device sector.


US Surgical Drills Market Segmentation Insights

Surgical Drills Market Application Outlook


Orthopedic surgery


Neurosurgery


Dental surgery

Surgical Drills Market Product Type Outlook


Pneumatic drills


Electric drills


Others

Surgical Drills Market End User Outlook


Hospitals & clinics


Others

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2018 233.62(USD Million)
MARKET SIZE 2024 247.45(USD Million)
MARKET SIZE 2035 464.51(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 5.892% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Million
KEY COMPANIES PROFILED Smith and Nephew, MicroAire, Integra LifeSciences, B. Braun, Medtronic, Olympus, KLS Martin, Aesculap, DePuy Synthes, Nobel Biocare, Stryker, ConMed, NuVasive, Dentsply Sirona, Zimmer Biomet
SEGMENTS COVERED Application, Product Type, End User
KEY MARKET OPPORTUNITIES Minimally invasive surgical procedures, Technological advancements in drill design, Growing demand for orthopedic surgeries, Increasing surgical robotics integration, Rising geriatric population and related surgeries
KEY MARKET DYNAMICS technological advancements, increasing surgical procedures, demand for minimally invasive surgeries, growing geriatric population, rising healthcare expenditure
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US Surgical Drills Market is expected to be valued at 247.45 million USD in 2024.

By 2035, the market size of the US Surgical Drills Market is projected to reach 464.51 million USD.

The expected CAGR for the US Surgical Drills Market from 2025 to 2035 is 5.892%.

Orthopedic surgery holds the largest market share in the US Surgical Drills Market, valued at 98.98 million USD in 2024.

The projected value of the orthopedic surgery segment will reach 187.54 million USD by 2035.

The neurosurgery segment is valued at 79.28 million USD in 2024.

The dental surgery segment is expected to reach 126.52 million USD by 2035.

Key players in the US Surgical Drills Market include Smith and Nephew, Medtronic, and Stryker among others.

Challenges affecting market growth include technological advancements and regulatory hurdles.

In 2024, the market sizes for surgical drills by application are approximately 98.98 million USD for orthopedic surgery, 79.28 million USD for neurosurgery, and 69.19 million USD for dental surgery.

Leading companies partner with us for data-driven Insights.

clients

Kindly complete the form below to receive a free sample of this Report

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

report-img
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.