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Surgical Drill Bits Market To Grow In Conjunction With Innovation In Next Decade

The global surgical drill bits market is anticipated to grow at CAGR of 5% over the period of 2019-2029, owing to rise in adoption of surgical drill bits in neurosurgery such as craniotomy. In 2019, global sales of surgical drill bits is estimated to reach a value of ~US$ 230 Mn.

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Surgical Drill Bits Market To Grow In Conjunction With Innovation In Next Decade

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  1. Surgical Drill Bits Market Report Id : PMRREP24085 Category : Life Science & Healthcare ©2020 Persistence Market Research, All Rights Reserved

  2. About Persistence Market Research Customized Research Persistence Market Research(Persistence Market Research) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. Persistence Market Research is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Syndicated Research Investment Research Social Media Research Research Capabilities Sector Coverage • Automotive and Transportation • Electronics, Semiconductor, and ICT • Retail and Consumer Products • Industrial Automation and Equipment • Customized Research • Syndicated Research • Investment Research • Social Media Research • Chemicals & Materials • Food and Beverages • Services and Utilities • Energy, Mining, Oil, and Gas Subscription Information For detailed subscription information please contact Website: www.persistencemarketresearch.com For sales queries or new topics email us on: sales@persistencemarketresearch.com

  3. The Surgical Drill Bits Market To Grow In Conjunction With Innovation In The Next Decade The global surgical drill bits market is anticipated to grow at CAGR of 5% over the period of 2019-2029, owing to rise in adoption of surgical drill bits in neurosurgery such as craniotomy. In 2019, global sales of surgical drill bits is estimated to reach a value of ~US$ 230 Mn. PMR reveals that around 7 million people in the U.S. required hospitalization due to orthopedic conditions, of which 10% of patients have orthopedic impairment issue, leading to an upsurge in the demand for surgical drill bits. The American Academy of Orthopaedic Surgeons stated that on an average 29 surgeries performed in a month by orthopedic surgeons are related to sport injuries are bone fractures which require surgical drill bits. Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/24085

  4. Key Takeaways from the Surgical Drill Bits Market Study • Standard solid surgical drill bits continue to account for major share of the manufacturers’ bottom lines, while more focus has been placed on increasing the production of cannulated drill bits, as they efficiently aid in minimal access surgery and newer requirements such as cost effectiveness and improved tactile advantages. • Adoption of single use surgical drill bits has been gaining momentum in developed economies, owing to high healthcare expenditure and availability of favourable reimbursement scenario. • The North American and European regions are expected to collectively account for ~60% of revenue share of the surgical drill bits market. • India, China and Brazil are top three developing markets for surgical drill bits, which are estimated to gain ~10% of the revenue share of global surgical drill bits market in 2019. • “Increasing incidences of orthopedic disorders such as osteoporosis, spinal deformities, and spinal injuries are primarily responsible for the growth of the surgical drill bits market. With the rise of minimally invasive and robotic surgeries, the war of innovation supremacy among the manufacturers is likely to be quite strong going forward,” says the PMR analyst. Access Full Report @ https://www.persistencemarketresearch.com/checkout/24085

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