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Medical 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.
Furthermore, an increase in the research and development for integration of medical micro surgical drills with robotics is expected to fuel the market growth.
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.
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.
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.
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The report covers the following key insights:
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.
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.
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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.
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.
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.
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