Surgical Drill Market Trends

Growth Drivers

• Growing Neurological Ailments Among People with Genetic Issues and Non-Nutrient Diet - and the rising cases of brain injury and disorder lead to surgical treatment. The rising number of injuries is expected to boost the surgical drill market in the forecasted period. Around 69 million people experience a traumatic brain injury each year worldwide.

• Increases in Instances of Chronic Disease with Increasing Aging Population - As per the Centers for Disease Control and Prevention (CDC), every year 7 out of 10 people die of chronic disease in the U.S.

• Rise in Surgical Procedures with Early Diagnosis of Diseases - According to the estimations, every year about 3700 surgeries are performed in India.

• Higher Number of People with Dental Problems Owing to Unhealthy Habits - The dental equipment is used for removing decayed teeth or reshaping the teeth, and it is predicted to drive the market’s growth. Worldwide around 520 million children suffer from primary tooth decay, and 2 billion people tolerate the loss of permanent teeth, according to the World Health Organization.

• Surging Incidents of Accidents and Injury with Growing Traffic and Use of Vehicles - according to Injury Facts from the National Safety Council, physical response and overexertion caused almost 0.2 million workplace injuries in 2020 in the United States, whereas vehicle crashes claim the lives of almost 3,700 individuals per day.

Challenges

• Inadequate Measures were taken for the Sterilization of the Drills - Improper sanitization of surgical drills after using them on the patient is responsible for the transmission of pathogens and infections. Further, many times doctors use the new instrument as it is without disinfecting or sterilization it first. These, factors are likely to hamper the market growth.
• Growing Demand for Minimally Invasive Surgeries
• Restrained Budget for Surgical Instruments