US Powered Surgical Instruments Market is Projected to be ~ $12 Bn by 2028, Innovations and Advancements Drive Growth: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The US Powered Surgical Instruments market is witnessing huge growth in terms of expansion and revenue. The primary growth drivers of this market are advancements in technology, rising healthcare expenditures, minimally invasive surgery (MIS) trends, growing prevalence of chronic diseases. STORY OUTLINE As the market for UDI keeps increasing, the demand for compliance-enabling technology, such as surgical tool monitoring systems will increase 10% by 2024. Technological advancements in this sector boosted remote and robotic-assisted surgeries, in 2022, 16% of robotic surgeries were recorded in the USA. To remain competitive in the market for the long term, companies are investing hugely in the R&D department to gain a competitive edge over their rivals. According to Ken Research, innovations and advancements in technology are one of the major variables that are synergistic affecting the expansion and growth of US Powered surgical instruments. In America, nearly 50% the adults have one or more chronic health conditions and one in four adults have more than two chronic health conditions. Additionally, around 40% of Americans suffer from cardiovascular diseases that include hypertension and Cancer. 1. Impact of Covid-19 on US Powered Surgical Instruments Market In 2020, when the pandemic was at its peak, to diminish infectious risk the government announced a temporary ban on elective surgery across the country. During the pandemic time, the powered surgical instruments market witnessed a drop of around 12% as the supplies of surgical instruments were temporarily stooped. Low availability and increased struggles in terms of transport of surgical instruments resulted in a sudden shortfall in raw materials. Major hubs of research facilities for powered surgical instruments across America were shut down. Additionally, the requirement for social distancing and infection control provoked the investigation of remote and robotic-assisted surgeries. This move has quickened the adoption of technologies that require powered surgical instruments. For more information, request a free sample Report 2. Current Situation of US Powered Surgical Instruments Market Post-pandemic the market is set to reach a record market value by the end of 2028. The US Powered Surgical Instruments Market is projected to grow at a CAGR of 8.0 % from 2022 to 2028. As the number of instruments subject to UDI keeps increasing, it is projected that the demand for compliance-enabling technology, such as surgical tool monitoring systems, would expand by 20% in the forecast period. Regulating standards for traceability from supplier to patient have also been established by numerous different governmental entities. The demand for OEMs is estimated to further increase because original equipment manufacturers (OEMs) and medical technology have a lot of chances in the surgical equipment market across the nation. This is due to the rising demand for surgical sutures and staples. Click here to know more about US Powered Surgical Instrument Market 3. Growth Drivers of the US Powered Surgical Instrument Market The US Powered Surgical Instrument Market is driven by various variables. Some of the major growth drivers of this market are advancements in technology, rising healthcare expenditures, minimally invasive surgery (MIS) trends, growing prevalence of chronic diseases. Technological advancements in this sector have made remote and robotic-assisted surgeries possible, in 2022 16% of robotic surgeries were recorded in the USA. Surgeons and healthcare suppliers look for the latest instruments to improve patient outcomes and upgrade surgical methods. The expanding healthcare spending within the US has contributed to the selection of advanced surgical technologies, counting powered surgical instruments. Hospitals and healthcare offices invest in cutting-edge equipment to supply superior patient care and draw in top medical experts. The shift towards minimally invasive surgeries (MIS), which offer diminished patient trauma, shorter recovery times, and fewer complications, has driven the request for powered surgical instruments. Visit A link Request for Custom Report 4. Major Players of the US Powered Surgical Instruments Market Johnson & Johnson., B. Braun Melsungen Ag., Stryker Corporation., Medtronic PLC., Smith & Nephew., Zimmer Biomet., ConMed., Smith & Nephew, Ethicon US, LLC, and Desoutter Medical Ltd are active in the US Powered Surgical Instruments. Stryker Corporation, Medtronic, and Johnson & Johnson are the leading players in the US Powered Surgical Instruments. Alongside America, these companies hold a major market share of the Powered surgical instruments industry in North America The market is set to become more competitive as due to rising market size industry will face several new entrants. This will help the market to remain competitive and invest more in the R&D department. Conclusion The US Powered surgical instruments market is expected to grow positively in the next five years with a projected CAGR of 8.0%. The market is reaching new heights due to several factors affecting the market like advancements in technology, rising healthcare expenditures, minimally invasive surgery (MIS) trends, growing prevalence of chronic diseases. The market was impacted negatively due to the widespread of covid-19 but it showed remarkable growth in the post-pandemic period. Leading players in the market like Johnson & Johnson, Stryker, and Medtronic are dominating the market and the industry will get more competitive with the arrival of new entrants in coming years. Post Views: 8 Tags: B. Braun Melsungen Ag US Powered Devices Industry, Captive players US Motorized Surgical Equipment, Companies in US Surgical Devices sector, Competitors US Advance Surgical Devices Industry, ConMed. 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