Directed Energy-Based Surgical Systems Market is expected to reach US$ 29.58 billion by 2032


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.

During the projected period, the Directed Energy-Based Surgical Systems market demand is expected to grow at a CAGR of 14%. The market is expected to be worth US$ 7.98 billion in 2022 and US$ 29.58 billion by 2032.

Manufacturers of Directed Energy-Based Surgical Systems are creating modern and innovative technologies to promote patient health, which drives demand for Directed Energy-Based Surgical Systems instruments. Furthermore, during the projection period, these prominent manufacturers are driving the growth of the directed energy-based systems market in the healthcare sector.

Healthcare firms create these equipment to solve and improve surgical procedures for patients. The leading market players are producing high-quality instruments, which is popularly increasing patient demand for Directed Energy-Based Surgical Systems during the forecast period.

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Advent of Telehealth and Virtual Care to Create Tailwind for the Directed Energy-Based Surgical Systems Market Growth

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.

Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Directed Energy-Based Surgical Systems market.

Key Directed Energy-Based Surgical Systems Market Takeaways and Projections

  • The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
  • Germany Directed Energy-Based Surgical Systems market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
  • China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
  • India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.

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Report Benefits & Key Questions Answered

  • Directed Energy-Based Surgical Systems Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Directed Energy-Based Surgical Systems market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
  • Directed Energy-Based Surgical Systems Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Directed Energy-Based Surgical Systems market. As per the survey, Directed Energy-Based Surgical Systems sales will project steady growth over the forecast period.
  • Directed Energy-Based Surgical Systems Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Directed Energy-Based Surgical Systems market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
  • Directed Energy-Based Surgical Systems Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.

Competitive Landscape Analysis

The latest study conducted by FMI provides in-depth insights into the global Directed Energy-Based Surgical Systems market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Directed Energy-Based Surgical Systems market.

Some of the prominent market players are profiled by FMI are:

Bausch & Lomb Incorporated, Abbott Laboratories Inc., Medtronic Inc., American Medical Systems, LLC, Johnson & Johnson Services Inc., Spectranetics, Hologic, Inc. , Biolase, Inc. , Cynosure, Inc

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Directed Energy-Based Surgical Systems Market: Segmentation

The global Directed Energy-Based Surgical Systems market is broadly classified on the basis of technology, applications and geographies.

Based on applications, the global Directed Energy-Based Surgical Systems market is segmented into:

  • Aesthetic Applications
  • Dental Applications
  • Gynecologic Applications
  • Ophthalmic Applications
  • Orthopedic Applications
  • Urologic Applications
  • Cardiovascular Applications

Based on technology, the global Directed Energy-Based Surgical Systems market is segmented into:

  • Laser based
  • Microwave based
  • Radiofrequency-Based
  • Cryogenic-Based
  • Ultrasound-Based

Region

  • North America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.

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Published in

Health

Published on

May 30, 2023

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