Global Direct Energy Medical Devices Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Direct Energy Medical Devices Market” is the title of an upcoming report offered by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in to various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global direct energy medical devices market has been segmented on the basis of type, application, as well as regions and countries.
Direct energy medical devices allow for the accurate energy application for a specified surgery or medical procedure, which provides enhanced control over the surgical procedure. The adoption of these devices can be attributed to benefits such as reduction of procedure times when compared to conventional suturing, the enhanced ability to cut and seal, as well as cost savings for healthcare facilities, etc.
The growing adoption of minimally invasive surgeries, the growing awareness concerning aesthetic procedures, as well as the increasing prevalence of chronic diseases such as cancer, cardiovascular disorders, autoimmune diseases, urological disorders, etc., are some of the primary factors that are expected to influence the revenue growth of the global direct energy medical devices market over the next 10 years.
Moreover, the growing popularity of cosmetic procedures due to aging or obesity, as well as the growing need for advanced technologies that offer benefits such as, quick patient recovery, lower post-operative complications, minimal invasion, reduced operative times, etc., are also factor that are slated to have a profound impact on the future market growth of this global industry.
However, in light of the recent COVID-19 outbreak, the operations of numerous industries have been either temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. The global direct energy medical devices industry is no different, and this factor is expected to negatively impact on market growth in the years to come.
Nonetheless, increasing investments being made by key industry players to develop improved devices to better patient care is a factor that is anticipated to boost future market growth prospects of the global direct energy medical devices market.
Segmentation of the global direct energy medical devices market is as follows:
In terms of type, the radiofrequency segment accounted for the maximum number of revenue shares of the global direct energy medical devices market in 2020, and is indicative of indexing a high rate of revenue growth in the years to come. However, the others segment, which includes light, electrical, and cryotherapy, is anticipated to register the highest CAGR over the forecast period.
On the basis of application, the orthopedics segment constituted the majority number of revenue shares of the global direct energy medical devices market in 2020, and is indicative of indexing a considerably high rate of revenue growth in the years to come. The aesthetics segment is also slated to index a considerably high CAGR in the coming years, due to the increasing number of obese populations, as well as the growing awareness levels concerning aesthetic procedures.
Regional Segmentation and Analysis:
North America accounted for the highest number of revenue shares of the global direct energy medical devices market in 2020, and is slated to register considerable growth over the forecast period. This can be attributed to the vast presence of market players and well-established medical facilities, as well as the rising incidence rate of chronic diseases and the availability of skilled workers in this region. The markets in the Asia Pacific region are also anticipated to register a considerable CAGR over the next 10 years.
Segmentation of the Global Direct Energy Medical Devices Market:
Segmentation by Type:
Segmentation by Application:
Segmentation by Regions:
- North America
- South America
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Estimated Year 2020 Actual Year 2021 Forecast Period 2021–2030 Revenue in US$
- Medtronic PLC
- CONMED Corporation
- Boston Scientific Corporation
- Stryker Corporation
- Olympus Corporation
- B. Braun Melsungen AG
- Ethicon Inc.
- Karl Storz SE & Co. KG
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