India Surgical Drills Market (2022-2028) | Revenue, Growth, Industry, Size, Share, Outlook, Forecast, Analysis, Trends, Value, Segmentation & COVID-19 IMPACT

Market Forecast By Type (Pneumatic Surgical Drills, Electric Surgical Drills), By Application (Hospitals, Clinics, Ambulatory Surgical Centers, Others) And Competitive Landscape

Product Code: ETC426740 Publication Date: Nov 2022 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Surgical Drills Market Synopsis

The India Surgical Drills Market is estimated to evolve at a rapid pace during the forecast period. The rising prevalence of surgeries, increasing demand for quality healthcare and rising infrastructure are the key factors attributing to the evolvement of the industry in India. The market is likely to develop in the years to come owing to the factors fueling the growth of this sector in the country.

According to 6Wresearch, the India Surgical Drills Market size is expected to grow during 2022-2028. The surgical drills industry is one of the largest sectors in the country which is growing rapidly owing to the increasing demand of these products. The India Surgical Drills Market share is likely to grow more in the coming years since there are various factors fueling the growth of this industry. The rising prevalence of surgeries, increasing demand for quality healthcare and rising infrastructure are the key factors attributing to the evolvement of the industry in India. Rise in the number of surgeries, growing healthcare expenditure, and growing adoption of minimally invasive surgeries in the country are other major factors driving the market growth. The key players running their business in the market are concentrating on expanding the portfolio of their products which is boosting the industry growth at a rapid pace. Companies in the market also focus on Research and Development and they invest heavily on it which is driving the market development in the country. The key players in the indusrry offer many drill products like laparoscopic surgery equipment, open surgery instruments, and endoscopic surgery equipment. However, stringent regulatory norms and high surgery cost are the key challenges the industry is currently confronting.

COVID-19 Impact on India Surgical Drills Market

The coronavirus pandemic negatively impacted the India Surgical Drills Industry which has become of the most significant components of Asia-Pacific Surgical Drills Market. The market was progressing well before pandemic but the growth of the market stuck during the pandemic owing to decrease in surgical equipment in the country. The lockdown that was imposed by the government of the country did not allow consumer industries to buy these instruments which led to a huge disruption in the progression of this market. The key players running in the industry reported a huge decline in the surgical equipment revenue owing to a major reduction in surgeries. A big number of people in the country postponed and even cancelled surgeries during the pandemic in order to protect themselves from the spread of deadly coronavirus. This led to a significant decline in the India Surgical Drills Market.

Market Analysis by Type

Based on type, the Surgical Drills Market in India can be divided into Pneumatic Surgical Drills, and Electric Surgical Drills. Among these, the category of pneumatic is anticipated to hold the largest share in the market in the years to come owing to its increasing demand in the industry. This category is evolving due to frequency of oral and dental operation is growing in the country. These drills enhance the patients compliance, therefore, they are preference more over other types of drills available in the market. 

Market Analysis by Application

Based on application, the market in the nation is segmented into Hospitals, Clinics, Ambulatory Surgical Centers, and Others. Among these, the hospital segment held the dominant position in the past years and is projected to hold the largest share in the years to come. This growth is owing to the fact that the most surgeries take place in hospitals in the country.

Key attractiveness of the report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2018 to 2021.
  • Base Year: 2021.
  • Forecast Data until 2028.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • India Surgical Drills Market Outlook
  • Market Size of India Surgical Drills Market, 2021
  • Forecast of India Surgical Drills Market, 2028
  • Historical Data and Forecast of India Surgical Drills Revenues & Volume for the Period 2018 - 2028
  • India Surgical Drills Market Trend Evolution
  • India Surgical Drills Market Drivers and Challenges
  • India Surgical Drills Price Trends
  • India Surgical Drills Porter's Five Forces
  • India Surgical Drills Industry Life Cycle
  • Historical Data and Forecast of India Surgical Drills Market Revenues & Volume By Type for the Period 2018 - 2028
  • Historical Data and Forecast of India Surgical Drills Market Revenues & Volume By Pneumatic Surgical Drills for the Period 2018 - 2028
  • Historical Data and Forecast of India Surgical Drills Market Revenues & Volume By Electric Surgical Drills for the Period 2018 - 2028
  • Historical Data and Forecast of India Surgical Drills Market Revenues & Volume By Application for the Period 2018 - 2028
  • Historical Data and Forecast of India Surgical Drills Market Revenues & Volume By Hospitals for the Period 2018 - 2028
  • Historical Data and Forecast of India Surgical Drills Market Revenues & Volume By Clinics for the Period 2018 - 2028
  • Historical Data and Forecast of India Surgical Drills Market Revenues & Volume By Ambulatory Surgical Centers for the Period 2018 - 2028
  • Historical Data and Forecast of India Surgical Drills Market Revenues & Volume By Others for the Period 2018 - 2028
  • India Surgical Drills Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • India Surgical Drills Top Companies Market Share
  • India Surgical Drills Competitive Benchmarking By Technical and Operational Parameters
  • India Surgical Drills Company Profiles
  • India Surgical Drills Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Type

  • Pneumatic Surgical Drills
  • Electric Surgical Drills

By Application

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Others

Frequently Asked Questions About the Market Study: FAQs

1. What were the impact of pandemic on the sector?

The coronavirus pandemic negatively impacted the India Surgical Drills Industry. The market was progressing well before pandemic but the growth of the market stuck during the pandemic owing to decrease in surgical equipment in the country. The lockdown that was imposed by the government of the country did not allow consumer industries to buy these instruments which led to a huge disruption in the progression of this market.

2. What is the forecast period of this report?

The forecast period of this report is 2022-2028.

3. Which factors are driving the market growth?

The rising prevalence of surgeries, increasing demand for quality healthcare and rising infrastructure are the key factors attributing to the evolvement of the industry in India.

4. Are there any factors restraining the market evolvement?

Stringent regulatory norms and high surgery cost are the key factors restraining the growth of the industry.

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Surgical Drills Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Surgical Drills Market Revenues & Volume, 2021 & 2028F

3.3 India Surgical Drills Market - Industry Life Cycle

3.4 India Surgical Drills Market - Porter's Five Forces

3.5 India Surgical Drills Market Revenues & Volume Share, By Type, 2021 & 2028F

3.6 India Surgical Drills Market Revenues & Volume Share, By Application, 2021 & 2028F

4 India Surgical Drills Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Surgical Drills Market Trends

6 India Surgical Drills Market, By Types

6.1 India Surgical Drills Market, By Type

6.1.1 Overview and Analysis

6.1.2 India Surgical Drills Market Revenues & Volume, By Type, 2018 - 2028F

6.1.3 India Surgical Drills Market Revenues & Volume, By Pneumatic Surgical Drills, 2018 - 2028F

6.1.4 India Surgical Drills Market Revenues & Volume, By Electric Surgical Drills, 2018 - 2028F

6.2 India Surgical Drills Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Surgical Drills Market Revenues & Volume, By Hospitals, 2018 - 2028F

6.2.3 India Surgical Drills Market Revenues & Volume, By Clinics, 2018 - 2028F

6.2.4 India Surgical Drills Market Revenues & Volume, By Ambulatory Surgical Centers, 2018 - 2028F

6.2.5 India Surgical Drills Market Revenues & Volume, By Others, 2018 - 2028F

7 India Surgical Drills Market Import-Export Trade Statistics

7.1 India Surgical Drills Market Export to Major Countries

7.2 India Surgical Drills Market Imports from Major Countries

8 India Surgical Drills Market Key Performance Indicators

9 India Surgical Drills Market - Opportunity Assessment

9.1 India Surgical Drills Market Opportunity Assessment, By Type, 2021 & 2028F

9.2 India Surgical Drills Market Opportunity Assessment, By Application, 2021 & 2028F

10 India Surgical Drills Market - Competitive Landscape

10.1 India Surgical Drills Market Revenue Share, By Companies, 2021

10.2 India Surgical Drills Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

 
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