Powered Instruments
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Powered Instruments Market Size and Growth
The Powered Instruments market is witnessing robust growth, driven by advancements in surgical technologies and increasing demand for minimally invasive procedures. The market size was valued at approximately $20 billion in 2022, with a projected CAGR of 7% through 2030, reflecting heightened adoption across hospitals and outpatient settings.
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Companies Covered
(Covid 19 Impact Covered)
◍ CONMED
◍ Medtronic
◍ Arthrex
◍ MicroAire Surgical Instruments
◍ Farm Design, Inc.
◍ Smith & Nephew
◍ US Medical Systems
◍ DeSoutter Medical
◍ Johnson & Johnson
The Powered Instruments Market features competitive players like CONMED, Medtronic, and Arthrex, which enhance surgical efficiency through advanced technology. Companies like MicroAire and Smith & Nephew focus on innovation, bolstering market growth. Notable sales figures include Medtronic with $30 billion and Johnson & Johnson at $93 billion in 2022.
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Market Segmentation
By Application
Hospital
Clinic
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By Product
Electric Power System
Console and Accessories
Market Growth
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$ X Billion USD
