Orthopedic Power Tools Market Share

North American Market Forecast

The North American orthopedic power tools market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market in the region can primarily be attributed to the presence of the well-developed healthcare infrastructure and the booming prevalence of amputation owing to several reasons including bone fractures and the various bone illnesses. It is estimated that in the United States, every year, nearly 170,000 amputation procedures take place and around 3.5 million people are estimated to be with limb loss by the year 2050. Furthermore, the presence of key market players in the region and growing investment by them in the leading medical devices to make surgeries more easy and cost efficient is predicted to propel the orthopedic power tools market growth. Additionally, the availability of patient friendly healthcare policies and the rising government campaigns promoting the healthcare awareness among the people in the region is anticipated to support the market expansion over the upcoming years.