Orthopedic surgical energy devices are specialized tools utilized in procedures such as joint replacement surgeries, such as hip and knee arthroplasty. These devices, powered by various forms of energy such as electricity or ultrasound, aid surgeons in precisely cutting, shaping, and manipulating bone and soft tissue. In joint replacement surgeries, orthopedic energy devices play a crucial role in achieving accurate bone resection, managing soft tissue efficiently, and ensuring proper alignment and fixation of prosthetic components. Enhancing surgical precision and efficiency they contribute to improved outcomes, reduced complications, and shorter recovery times for patients undergoing these procedures.
Global Orthopedic Surgical Energy Devices Market size was valued at USD 877.52 million in 2021 and is projected to reach USD 1,640.21 million by 2029 with a CAGR of 7.80% during the forecast period of 2022-2029.
Below are the Top Orthopedic Surgical Energy Devices Companies with a Significant Market Share:
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Rank
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Company
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Overview
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Product Portfolio
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Sales Geographical Coverage
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Developments
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1.
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Medtronic
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A global leader in medical technology, Medtronic offers a range of orthopedic surgical energy devices, including advanced tools for bone cutting and soft tissue dissection. With a strong focus on innovation, their products aim to improve surgical precision and patient outcomes in orthopedic procedures.
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North America, South America, Asia-Pacific, Europe, and Middle East and Africa
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In January 2012, Medtronic received approval from the Food and Drug Administration (FDA) for the Aquamantys SBS 5.0 Sheathed Bipolar Sealer. The Aquamantys SBS 5.0 Sheathed Bipolar Sealer was a new product added to the company's spine portfolio. The approval received ensured the availability and use of the Aquamantys SBS 5.0 Sheathed Bipolar Sealer. Among orthopedics and spine surgeons for timely treatment of musculoskeletal disorders. This resulted in collaborations with orthopedics to supply the bipolar sealer.
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2.
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DePuy Synthes
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Known for its comprehensive portfolio of orthopedic solutions, DePuy Synthes provides energy devices tailored to various surgical needs, from joint reconstruction to trauma surgery. Their emphasis on research and development ensures cutting-edge technologies that enhance efficiency and efficacy in orthopedic interventions.
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In August 2012, DePuy Synthes launched the VELYS Digital Surgery Platform and VELYS hip navigation system at the American Academy of Orthopedic Surgeons (AAOS). The launch would result in the use of digital technology in the hip navigation system in the coming years and the expansion of the product line.
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Smith and Nephew
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Smith and Nephew specializes in advanced surgical devices, offering a diverse array of energy-based instruments for orthopedic procedures. Their commitment to addressing clinical challenges through innovation translates into tools that enable precise tissue management and facilitate faster recovery for patients undergoing orthopedic surgery.
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North America, South America, Asia-Pacific, Europe, Australia, and Middle East and Africa
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In June 2020, Smith+Nephew had declared a new product named RI.HIP NAVIGATION for total hip arthroplasty (THA). The new product is designed to increase accuracy by delivering patient-specific component alignment. The launch would result in business line expansion and a rise in product revenue.
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4.
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CONMED Corporation
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CONMED Corporation is a trusted name in surgical solutions, including orthopedic energy devices designed to optimize procedural efficiency and patient safety. Their range encompasses electrosurgical generators, handpieces, and accessories, catering to the diverse needs of orthopedic surgeons worldwide.
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North America, South America, Asia-Pacific, Europe, and Middle East and Africa
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In March 2021, CONMED Corporation’s subsidiary, the CONMED Linvatec, the market leader in sports medicine technology had launched the new powered surgical instrument systems and sports medicine products at the American Academy of Orthopedic Surgeons Annual Meeting. The product launch would ensure partnerships and collaborations with the orthopedics healthcare team, for the use of powered surgical instrument systems for treatment of musculoskeletal disorders. It would also lead to expansion in product portfolio
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5.
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B. Braun SE
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With a focus on improving healthcare through innovation, B. Braun SE provides a range of orthopedic energy devices aimed at enhancing surgical outcomes. Their offerings include state-of-the-art electrosurgical units and powered instruments backed by a legacy of quality and reliability in the medical industry.
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North America, South America, Asia-Pacific, Europe, and Middle East and Africa
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In June 2020, B. Braun SE, received an award for the three products, OrthoPilot Elite navigation system, the associated control unit Multitool and the new container system generation, at the Red Dot Design Award 2020. The awards received, would result in B. Braun Melsungen AG, becoming the top market player in the orthopaedics division. B. Braun Melsungen AG, would be able to form partnerships with the orthopaedic market players, followed by rise in product sales and revenue
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Conclusion
The orthopedic surgical energy devices market is characterized by the presence of companies such as Medtronic, DePuy Synthes, Smith+Nephew, CONMED Corporation, and B. Braun SE, which offer a diverse range of advanced tools and instruments aimed at enhancing surgical precision, efficiency, and patient outcomes in orthopedic procedures, particularly in joint replacement surgeries. With a strong emphasis on innovation, research, and development, these market leaders continually strive to introduce cutting-edge technologies that address clinical challenges and cater to the evolving needs of orthopedic surgeons worldwide. As a result, the market is poised for sustained growth, driven by the increasing demand for minimally invasive techniques, advancements in surgical technology, and the rising prevalence of orthopedic conditions requiring surgical intervention.
