The global direct energy medical devices market is anticipated to value USD 1.9 billion by 2027. It is also expected to register a 4.3% CAGR over the forecasted period, 2020 to 2027. The rising adoption of non-invasive surgical procedures for enhancing the safety and security of patients is projected to propel the growth of the market.
The radio frequency segment held the share of 25.4% across the global market owing to the features like less recovery time, quick pain relief, and non-surgical treatment. The other type segment is anticipated to gain the fastest CAGR of 5.3% in the upcoming years due to their reduced maintenance costs and low power consumption.
The segment of orthopedics accounted for the highest share of 23.6% across the global market in 2019 on account of the rising prevalence of orthopedic conditions and related diseases among the geriatric population. On the other hand, the aesthetics application segment is projected to witness significant growth with 5.8% CAGR due to the rise in the number of obese population and increasing awareness about aesthetic procedures prevailing among patients and medical practitioners.
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In 2019, North America accounted for the highest share of 48.5% across the global direct energy medical devices market owing to the rising presence of advanced healthcare facilities across the U.S. and Canada. The Asia Pacific is projected to register significant growth over the forecasted years, 2020 to 2027 due to the rising medical tourism, surging expenditure on healthcare, and larger patient base across countries like India and China.
The market for direct energy medical devices across the globe includes key players such as Olympus Corporation, Stryker Corporation, CONMED Corporation, Medtronic, Ethicon, Inc., and Karl Storz. Rapid product development and innovation are carried out by these players to gain a cutting edge advantage over other players.
COVID-19 Impact Analysis
The direct energy medical devices market has been positively impacted due to the COVID-19 pandemic. The chances of virus attacks on bare skin are higher among high-risk patients. As hospitals are high-risk areas, the need to carry out non-invasive surgeries for lowering the health risks is gaining traction. Moreover, technological advances like the deployment of advanced sensors coupled with the usage of UV and laser light in such devices for enhancing the user experience are projected to augment the market growth over the post-pandemic period.
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Direct Energy Medical Devices Market: Market Variables, Trends & Scope
Chapter 4 Direct Energy Medical Devices Market: Product Estimates & Trend Analysis
Chapter 5 Direct Energy Medical Devices Market: Application Estimates & Trend Analysis
Chapter 6 Direct Energy Medical Devices Market: End-use Estimates & Trend Analysis
Chapter 7 Direct Energy Medical Devices Market: Industrial End-use Estimates & Trend Analysis
Chapter 8 Direct Energy Medical Devices Market: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Direct Energy Medical Devices Market: Manufacturers Company Profiles
Top Key Players of Global Direct Energy Medical Devices Market :
Olympus Corporation, Stryker Corporation, CONMED Corporation, Medtronic, Ethicon, Inc., and Karl Storz.
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Growing number of laparoscopic procedures among population due to awareness towards the diseases leading the development of advanced devices for the minimally invasive surgical procedures.
The evaluation have created new laparoscopic instrument overcoming the limitations, such as reducing the surgical procedures, reduction in hospital stays, overall healthcare cost and improved outcome.Market Drivers:Rising number of laparoscopic procedures helping in the adaptation of bipolar energy devices will drive the market growthGrowing preferences towards minimal invasive procedures is boosting the market growthAdvancement of the products is leading to the growth of the marketGrowing business expansion for endoscopic device development will propel the market growthMarket Restraints:Stringent regulation constraining manufacturers to invest in the bipolar direct energy devices may restrict the market growthHigh cost of devices is hampering the growth of the marketConcerns regarding the negative impact on health of these energy devices is limiting the market growthGet Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-advanced-bipolar-direct-energy-devices-marketSome of the leading key players profiled in this study:Few of the major competitors currently working in global advanced bipolar direct energy devices market are Medtronic PLC, Symmetry Surgical, B. Braun Melsungen AG, Karl Storz SE & Co. KG, XCELLANCE Medical Technologies, Soterix Medical Inc, Olympus Corporation, Johnson & Johnson Services, Inc, CONMED Corporation, SYMMETRY SURGICAL INC, Sutter Medical Technologies USA, BD, and Aesculap, Inc among others.Advanced Bipolar Direct Energy Devices Market Similar Report Here:Latin America Advanced Wound Care MarketDisposable Hospital Supplies MarketKey Pointers Covered in the Advanced Bipolar Direct Energy Devices Market Trends and Forecast to 2026Advanced Bipolar Direct Energy Devices Market New Sales VolumesAdvanced Bipolar Direct Energy Devices Market Replacement Sales VolumesAdvanced Bipolar Direct Energy Devices Market Installed BaseAdvanced Bipolar Direct Energy Devices Market By BrandsAdvanced Bipolar Direct Energy Devices Market SizeAdvanced Bipolar Direct Energy Devices Market Procedure VolumesAdvanced Bipolar Direct Energy Devices Market Product Price AnalysisAdvanced Bipolar Direct Energy Devices Market Healthcare OutcomesAdvanced Bipolar Direct Energy Devices Market Cost of Care AnalysisAdvanced Bipolar Direct Energy Devices Market Regulatory Framework and ChangesAdvanced Bipolar Direct Energy Devices Market Prices and Reimbursement AnalysisAdvanced Bipolar Direct Energy Devices Market Shares in Different RegionsRecent Developments for Advanced Bipolar Direct Energy Devices Market CompetitorsAdvanced Bipolar Direct Energy Devices Market Upcoming ApplicationsAdvanced Bipolar Direct Energy Devices Market Innovators Study Get Detailed Toc and Charts & Tables @ https://www.databridgemarketresearch.com/toc/?dbmr=global-advanced-bipolar-direct-energy-devices-marketScope of the Advanced Bipolar Direct Energy Devices MarketCurrent and future of Advanced Bipolar Direct Energy Devices Market outlook in the developed and emerging marketsThe segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast periodRegions/Countries that are expected to witness the fastest growth rates during the forecast periodThe latest developments, market shares, and strategies that are employed by the major market playersGlobal Advanced Bipolar Direct Energy Devices Market Global Advanced Bipolar Direct Energy Devices Market By Product (Bipolar Electrosurgical Devices, Electrosurgical Generator Systems), End Use (Hospitals, Ambulatory Surgical Centers (ASCs), Clinics), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026Inquiry before Buying @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-advanced-bipolar-direct-energy-devices-marketAbout Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
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