Surgical Drill Market Regional Analysis:
North American Market Insights
North America region is poised to dominate around 40.3% market share by 2035, fueled by rising cases of dental issues and brain tumors boosting demand. Around 750,000 Americans were diagnosed with an initial brain tumor in 2022. Additionally, more than 64,000 deaths in the US in 2020 were attributable to brain injuries. Many Americans are getting aware related to the dental issues, and the related treatment that is anticipated to surge the market’s growth in the region. Moreover, the eating of more chocolates, drinking fluoride water, chewing tobacco, smoking, and alcohol consumption can lead to many health issues that is further projected to boost the growth of the market in the North America region. It is estimated that more than 2 in 100 people aged above 18 years consume smokeless tobacco products to chew which is 5.7 million adults in the U.S. according to the data from CDC in 2020.
Europe Market Insights
The surgical drill market in Europe is expected to hold the second-largest share by the end of 2035, owing to the rising number of orthopedic surgeries in Germany, the United Kingdom, and several other European countries. For instance, a total of about 160,000 hip and knee replacement procedures were known to be performed every year in the region of England and Wales, as per the statistics by the National Joint Registry.
APAC Market Insights
Furthermore, the growing penetration of market players across several Asian Pacific countries, followed by the significant growth in medical tourism, and the high volume of surgeries, are some of the additional factors anticipated to promote the market growth of surgical drills in the Asia Pacific region.
