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Medical Micro Surgical Drills Market Size, Share, and COVID-19 Impact Analysis, By Type (Electric Drills, Battery Powered Drills, and Pneumatic Drills), By Application (Orthopedic Surgery, Neurosurgery, Spine Surgery, CMF (Craniomaxillofacial Surgery), ENT Surgery, Dentistry, and Others), By End-user (Hospitals & ASCs, Specialty Clinics, and Others), and Regional Forecast till 2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI108995 | Status : UpcomingMedical micro surgical drills are the medical devices used in intricate surgical procedures that offer precision and accuracy in drilling or cutting during microsurgeries and small bone procedures. These are used to bore holes in bones for attaching surgical pins, plates, and screws in delicate surgeries such as neurosurgery, orthopedic surgeries, dental procedures, and others. These drills incorporate features such as high-speed rotational capabilities, small diameters, ergonomic designs, and various attachments tailored to specific surgical needs.
An increase in the number of surgeries related to orthopedic disorders, neurological diseases, and dental surgeries escalates the use of microsurgical drills for performing delicate surgical procedures. Such factors contribute to the growth of the medical micro surgical drills market.
- According to data published by the National Institute of Health in July 2023, 12.0% of the population in America was affected by otosclerosis, a condition where hearing loss occurs due to the abnormal growth of bone in the middle ear. Thus, to effectively treat this condition, a stapedectomy procedure is done that requires micro surgical drills.
- According to data published by the National Institute of Health in April 2023, the American Joint Replacement Registry Annual Report 2022 registered around 2,550,532 cases of primary and revision hip and knee arthroplasty during the 2012-2021 period. This increases the adoption of new-aged micro-surgical drills in healthcare settings.
Furthermore, an increase in the research and development for integration of medical micro surgical drills with robotics is expected to fuel the market growth.
- For instance, in November 2022, Necosis received 510(k) clearance from the U.S. Food and Drug Administration for their Yomi dental robot that is used for dental surgery and guided bone reduction.
- According to an article published by the International Journal of Computer-Assisted Radiology and Surgery in May 2023, the new-age surgical drills are equipped with force sensors, which are capable of measuring the interaction forces between tools and tissue to enable force control and give real-time feedback to surgeons.
However, the high research and development expenditure required to develop advanced surgical drills and cost barriers to using advanced tools is expected to hamper the growth of the market to a certain extent.
Impact of COVID-19 on the Medical Micro Surgical Drills Market
The COVID-19 pandemic had a slight negative impact on the medical micro surgical drills market in 2020. Disruption was observed due to the prioritization of resources and healthcare services toward managing the COVID-19 cases. Decrease in the number of elective surgeries, including many procedures that typically utilize micro surgical drills, to preserve medical resources and minimize the chances of virus transmission.
- For instance, according to data published by the National Institute of Health in February 2022, the number of patients visiting the dental clinics decreased by 37.0% during the pandemic in the Cracow region of Poland.
This depicts the decrease in dental procedures during the pandemic period and a decline in the usage of medical micro surgical drills.
Furthermore, supply chain disruptions, manufacturing delays, and logistical challenges affected the production and manufacturing of medical devices. However, the market stabilized in 2021 with increased investments in healthcare infrastructure, rising demand for elective surgeries, and the rapid usage of advanced surgical tools.
Segmentation
By Type | By Application | By End-user | By Geography |
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Key Insights
The report covers the following key insights:
- Number of Surgical Procedures, By Key Countries, 2022
- Technological Advancements in Surgical Drills
- Key Industry Developments (Mergers, Acquisitions, Partnerships, and Others)
- Impact of COVID-19 on the Market
Analysis by Type
Based on type, the medical micro surgical drills market is segmented into electric drills, battery powered drills, and pneumatic drills.
The electric drills segment accounted for a significant proportion of the global medical micro surgical drills market in 2022. The drills have become popular over other drill options in the market. This is due to their lightweight construction, affordability, minimal maintenance requirements, and user-friendly operations.
- According to an article published by the IP Journal of Surgery and Allied Sciences in October 2022, electric surgical drills are lightweight, low maintenance, and cheap.
Furthermore, continuous innovation in the field of medical devices has led to the development of more advanced and user-friendly micro surgical drills with enhanced efficiency, ease of use, and safety features. This is anticipated to drive the growth of the market during the forecast period.
Regional Analysis
North America dominated the medical micro surgical drills market in 2022 and is projected to maintain its position over the forecast period. The growth is mainly attributed to the highly developed infrastructure, a higher prevalence of chronic diseases, and growing and aging population in the region, leading to increased adoption of surgical procedures. Moreover, the rise in the number of orthopedic procedures in the region increases the demand for medical microsurgical drills.
- According to data published by McLeod Health, around 18,577,953 orthopedic procedures were performed in the U.S. in 2022.
In addition, increasing product launches and the rising levels of research and development are expected to drive the growth of the market in North America.
Key Players Covered
The report includes the profiles of key players such as B. Braun SE, Stryker, Medical Device Business Services, Inc. (Johnson & Johnson Services, Inc.), CONMED Corporation, Medtronic, De Soutter Medical, Medinnova Systems Pvt. Ltd., NSK / Nakanishi inc., BioAccess, Inc., and other prominent players.
Key Industry Developments
- In November 2021, Medical Device Business Services, Inc. (Johnson & Johnson Services, Inc.) launched the UNIUM System to strengthen its power tools portfolio. The solution is a reliable and efficient system used in trauma settings for small bones, spine and thorax procedures.
- In February 2021, Medtronic announced the successful completion of a minimally invasive spine procedure with improved precision and precise drilling by using its Midas Rex high-speed drills with the Mazor Robotic Guidance System.
- In March 2018, Stryker launched an innovative product in the instrument division, dubbed Stryker F1, a cordless, lightweight power tool for small bone procedures of the extremities. The F1 system eliminates cords, hand switches and consoles, which improves efficiency in performing distal extremity procedures.
- Global
- 2023
- 2019-2022