Submitted by: Submitted by vasu123
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Words: 1585
Pages: 7
Category: Business and Industry
Date Submitted: 03/30/2016 11:47 PM
Orthopedic Power Tools Market Size, Share, Trends, Company Profiles,
Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation
and Forecast To 2020
Summary
A power tool is a key instrument in the armamentarium of the operating room for many
orthopedic surgeries. The adoption rates for orthopedic power tools vary in different regions,
mainly due to price sensitivity. Globally, and driven by the orthopedic industry's continued
innovation in cordless battery-powered systems as well as a better understanding of corded
systems' downsides, the usage of pneumatic-powered tools has been declining in the past decade
as surgeons adopt premium-priced electric and, more significantly, battery-powered systems. In
contrast, in developing countries, electric- and pneumatic-powered tools currently represent
highly valued equipment for orthopedic surgeons; moreover, this equipment should continue to
remain important, especially in light of the developing countries' healthcare systems that cannot
bear the substantial costs associated with capital equipment upgrades. Yet, a slow shift to
battery-powered systems will still occur in these emerging economies, as players introduce the
new-generation systems into these countries in the coming years and invest heavily in marketing
and promotion.
One of the drivers is the country's economic growth, thanks to a growing middle class and the
rising investment in physical infrastructure. The medical devices market in Brazil is the largest in
South America. In the past few years, a general easing of the import bureaucracy and the
requirement to improve the quality and quantity of healthcare services available in Brazil, have
led to an increased adoption of advanced medical technologies.
Read Complete Report with TOC: http://www.radiantinsights.com/research/medipointorthopedic-power-tools-south-america-analysis-and-market-forecasts
Scope
- An overview of Orthopedic Power Tools, which includes epidemiology,...