The directed energy-based surgical systems market is likely to secure a CAGR of 14% during the forecast period. The market is projected to be valued at USD 7.98 Billion in 2022 and likely to be valued at USD 29.58 Billion by 2032.
The directed energy-based surgical systems market manufacturers are innovating modern and new technologies to improve the patient's health which drives the demand for directed energy-based surgical systems instruments. In addition, these key manufacturers are upsurging the growth of the directed energy-based systems market in the healthcare sector during the forecast period.
These instruments are developed by healthcare manufacturers to solve and improve surgical procedures among patients. The key market players are making the instrument with premium quality which is popularly growing the demand for directed energy-based surgical systems among patients during the forecast period.
However, advanced technology brought by the key manufacturers, including fast recoveries, quick procedures and better healthcare facilities for the patient, is surging the directed energy-based surgical systems market share. The innovative surgical systems instruments are likely to play the role of a minuscule surgical process, including selective cutting, coagulation and fine dissection during the forecast period. However, novel technology is welcomed by key healthcare manufacturers to solve patients' surgical procedures, which is flourishing the directed energy-based surgical systems market growth.
In addition, this technology's surgical systems instruments are widely used for robotic-assisted, laparoscopic procedures, and other surgical usages are raising the directed energy-based surgical systems market opportunities during the forecast period. On the other hand, research development departments are developing several strategies to bring advanced instruments for better health in the coming years. Their hard work and focus on innovation and mobilising growth to advance the directed energy-based surgical systems market size during the forecast period. The new directed energy-based surgical systems developed by key marketers are beneficial in technology usages such as ultrasound, cryotherapy, laser energy and radio frequency.
This instrument is widely adopted by surgeons to improve and enhance the treatment procedure during the forecast period. The growing demand for directed energy-based surgical systems due to the growing generic population such as cardiovascular, orthopaedic and oncology are fueling the market size in recent years. The global directed energy-based surgical systems market is growing during the forecast period.
The US is leading the global directed energy-based surgical systems market size by capturing the highest share in the global market due to consequently demand, rising adoption and the growing healthcare industry during the forecast period. The essential global key players in the directed energy-based surgical systems market are holding their foot to expand the lion's share in the market by adopting various marketing tactics. Some of the global directed energy-based surgical systems market key players are Bausch Lomb Incorporated, Biolase Inc., and Hologic Inc., among others.
Attributes | Details |
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Directed Energy-based Surgical Systems Market CAGR (2021 to 2032) | 14% |
Directed Energy-based Surgical Systems Market Value (2021) | USD 7.98 Billion |
Directed Energy-based Surgical Systems Market Value (2032) | USD 29.58 Billion |
With the advent of minimally invasive surgery, the conventional methods of surgery is becoming outdated. New technologies are revolutionizing the future of surgery. The progress from open to minimally invasive surgery has dramatically improved patient recovery and outcomes, greatly due to the reduction of incisions from very large to extremely tiny. Introduction of energy-based surgical instrument is one such dramatic change in this path.
Energy-based surgical instruments are finding increasingly widespread applications in surgical procedures by virtue of the unique performance characteristics of such instruments. Depending upon specific instrument configurations and operational parameters, energy-based surgical instruments can provide substantially simultaneous cutting of tissue and hemostasis by coagulation, desirably minimizing patient trauma.
The energy-based surgical instrument is assembled to permit coagulation, selective cutting and fine dissection as desired in minuscule surgical procedures. Instruments of this nature can be configured for open surgical use, laparoscopic or endoscopic surgical procedures including robotic-assisted procedures.
Directed energy-based surgical therapy employs the controlled deposition of energy into targeted tissues to achieve an alteration in the desired tissue. Its relatively new surgical area, which includes cryotherapy, microwave energy, laser energy, photodynamic therapy, ultrasound and radiofrequency. In US, directed energy-based surgical systems market is growing at a fast pace.
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Aging population, increasing health expenditures, developments in radiofrequency devices are some of the key factors driving the growth of the global directed energy-based surgical systems market.
High cost, complex system setup and maintenance requirements are some of the probable factors restraining the growth of the global directed energy-based surgical systems market.
Directed energy-based surgical systems market is projected to climb at a decent CAGR during the forecast period. With increasing health expenditures and rapid technological advancements the acceptance of directed energy-based surgical systems is gaining popularity. The global directed energy-based surgical systems market is expected to expand at a promising CAGR during the forecast period (2015 to 2025).
With further developments in the surgical sector, the directed energy-based surgical systems market will continue to expand across varied applications. The global directed energy-based surgical systems market is expected to register an optimistic CAGR for the forecast period. Depending on geographic regions, global directed energy-based surgical systems market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East Africa.
Some of the key market participants in global directed energy-based surgical systems market are Bausch Lomb Incorporated, Abbott Laboratories Inc., Medtronic Inc., American Medical Systems, LLC, Johnson Johnson Services Inc., Spectranetics, Hologic, Inc. , Biolase, Inc. , Cynosure, Inc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The global directed energy-based surgical systems market is broadly classified on the basis of technology, applications and geographies.
Estimated Market Size (2024E) | USD 13.8 billion |
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Projected Market Value (2034F) | USD 27.4 billion |
Value-based CAGR (2024 to 2034) | 7.1% |
Market Value in 2022 | USD 367.3 Million |
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Market Value in 2032 | USD 501 Million |
Market CAGR (2022 to 2032) | 2.9% |
Estimated Market Size (2022) | USD 75.1 million |
---|---|
Projected Market Valuation (2032) | USD 153.3 million |
Value-based CAGR (2022 to 2032) | 7.4% |
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