Surgical Drill Market Size

Surgical Drill Market size was over USD 1.11 billion in 2024 and is poised to reach USD 2.14 billion by the end of 2037, witnessing around 5.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of surgical drill is assessed at USD 1.16 billion.

The growth of the market can be attributed to the rising cases of brain tumors and nervous system cancer, giving rise to the number of neurovascular surgeries worldwide. In Europe, out of 11,000 cases of brain tumors, over half of them are malignant. In 2022, nearly 25,000 cases of brain and nervous system cancer have been reported.  Brain tumors can be caused in any age group people. It is the tenth leading cause of death in males and females. The rising instance of brain tumors can be from high exposure to radiation, air pollution inhalation of carcinogens, over-diagnosis, or increasing age. Brain tumors can be cured through the procedure of biopsy or craniotomy. Craniotomy is a surgical operation that involves cutting a hole into the skull of a human. Most of the brain tumors are removed with this type of surgery. Furthermore, in this procedure, the head is shaved and a part of the skull is removed to dissect the tumor. The surgical drill is used to make a hole in the skull in this procedure. Thus, the growth of the global surgical drill market increases with increasing cases of brain tumors.

Surgical drills are used to expose underlying neurovascular structures and decrease the need for significant brain retraction. These devices also facilitate bony decompression and instrumentation in spine surgery. The rising geriatric population suffering from musculoskeletal diseases and growing instances of accidents are boosting the growth of the global surgical drill market. It is reported that over 180 million new bone fractures occurred in 2019 across the world. Accidents are one of the major reasons for bone fractures or injuries that includes road accidents, occupational incidents, slip or slide accidents, sports injuries, and many more which can lead to bone fractures. Any part of the body including legs, hands, backbone, and facial bones can be injured in such types of accidents. In minor cases, a simple plaster cast, splints, or braces can help the injury to cure. On the other hand, for the severe fractures, surgical procedures are required to insert rods or plates to support the broken bone pieces which need a perforation in the bones. Surgical drills are used to make such perforations to insert rods in the bone which are removed after the recovery of an injury.