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Technavio’s market research analyst has estimated the global orthopedic surgical power tools market to grow at a CAGR of almost 3% by 2020. This market will grow moderately during the forecast period, and the prospects for its growth will be driven by the rising number of surgical procedures and recent technological advances. The recent rise in global geriatric population will lead to an increase in the incidence of orthopedic, cardiovascular, and neurological diseases, which would require surgical intervention. This increase in the need for surgical procedures that require power tools will result in the moderate growth of this market during the estimated period.
In this market study, the analysts have estimated the augmented demand for minimally invasive techniques to spur the prospects for market growth until the end of 2020. In recent times, it has been observed that minimally invasive surgeries are being increasingly used to treat many orthopedic complications related to the knee, hip, shoulder, elbow, or the spine. Such surgical procedures would necessitate the use of power tools as they will help to carry out surgeries with minimal cuts. Benefits like reduced hospital stay, reduced bleeding and recovery time, and faster recovery time will help to augment its demand during the predicted period.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
PART 15: Explore Technavio
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