Orthopedic Surgical Energy Devices Market Size, Demand, and Future Outlook: Global Industry Trends and Forecast to 2029
In the Orthopedic Surgical Energy Devices Market report, the whole and crystal clear outline of the Orthopedic Surgical Energy Devices Market is penned down which is valuable for many businesses. The info covered in the report helps businesses know how patents, licensing agreements and other legal restrictions affect the manufacture and sale of the firm’s products. Orthopedic Surgical Energy Devices Market industry is anticipated to witness higher growth during the forecast period due to growing demand at the end user level. In addition, strategic model around the growth objective is designed by analysts, with a detailed route-to-market analysis, competencies to be leveraged and developed, as well as any potential pitfalls.
Data Bridge Market Research analyses that the market is growing with a CAGR of 7.8% in the forecast period of 2022 to 2029 and is expected to reach USD 1,640.21 million by 2029 from USD 877.52 million in 2021.
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Market overview
Global orthopedic surgical energy devices market is segmented on the basis of product, technology, application, end user, and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
The global orthopedic surgical energy devices market is categorized into five segments: product, technology, application, end-user, and distribution channel.
- On the basis of product, the global orthopedic surgical energy devices market is segmented into handpieces and accessories. In 2022, the handpieces segment is expected to dominate the global orthopedic surgical energy devices market due to the ease of use, better accuracy, and use of radiofrequency technology in the handpiece, which transfers energy for sealing and coagulation of soft tissue and bone.
- On the basis of technology, the global orthopedic surgical energy devices market is segmented into radiofrequency, radiation, ultrasound, microwave, and others. In 2022, the radio frequency segment is expected to dominate the global orthopedic surgical energy devices market since its minimally invasive technology to treat chronic pain in osteoporosis disease, safe to use, and minimal bruising.
- On the basis of application, the global orthopedic surgical energy devices market is segmented into hip, knee, and others. In 2022, the knee segment is expected to dominate the global orthopedic surgical energy devices market due to rise in prevalence of osteoarthritis and rise in knee replacement surgeries. For instance, in 2020, around one million knee replacement surgeries have been performed in the U.S.
- On the basis of end users, the global orthopedic surgical energy devices market is segmented into hospitals and clinics, ambulatory surgical centers (ASC), and others. In 2022, the hospital and clinic segment is expected to dominate the global orthopedic surgical energy devices market due to the availability of advanced orthopedic surgical energy devices, rise in count of patients admitted in hospitals, undergoing hip and knee replacements, and the rise in disposable income.
- On the basis of distribution channels, the global orthopedic surgical energy devices market is segmented into direct tenders and third-party distributors. In 2022, the direct tender segment is expected to dominate the global orthopedic surgical energy devices market due to the rise in contractual agreements between manufacturers and distributors for orthopedic surgical energy devices and equity in the tendering process.
The major companies providing the global orthopedic surgical energy devices are Medtronic, Stryker, CONMED Corporation, KARL STORZ, Smith & Nephew, Auxein Medical, MatOrtho Limited, Zimmer Biomet, B. Braun Melsungen AG, boston Scientific Corporation, Soring GmbH, Apothecaries Sundries Mfg. Co. Nouvag AG, De Soutter Medical, Misonix (Bioventus, Inc), Olympus Corporation, DePuy Synthes (Johnson and Johnson, Inc.), and Portescap.
Global Orthopedic Surgical Energy Devices Market Country Level Analysis
The global orthopedic surgical energy devices market is analysed, and market size information is provided by product, by technology, by application, by end user and by distribution channel.
The countries covered in the orthopedic surgical energy devices market report are U.S., Canada & Mexico, Germany, France, U.K., Italy, Spain, Russia, Belgium, Turkey, Switzerland, Netherlands, and Rest of Europe, Japan, China, Australia, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines & Rest of Asia-Pacific, Brazil, Argentina & Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel & Rest of the Middle East and Africa.
In 2021, North America is dominating due to the presence of the largest consumer market with high GDP, due to the presence of major market players, and increased technological advancement in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
The U.S. is dominating the global orthopedic surgical energy devices in the North America region due to rise in geriatric population, high health care expenditure in the country and technological advancements. Whereas, Germany is dominating the global orthopedic surgical energy devices in the Europe region due to presence of untapped opportunities in Germany for orthopedic surgical energy devices and increased prevalence cases of osteoporosis in Germany. Additionally, China is dominating the global orthopedic surgical energy devices in the Asia Pacific region due to increased awareness regarding the treatment for knee and hip replacements and favourable reimbursement scenario in China.
The growth potential orthopedic surgical energy devices in emerging economies and the strategic initiatives by market players are creating new opportunities in the global orthopedic surgical energy devices market
Global orthopedic surgical energy devices market also provides you with detailed market analysis for every country growth in a particular industry with wound debridement device sales, impact of advancement in the orthopedic surgical energy devices and changes in regulatory scenarios with their support for the orthopedic surgical energy devices market. The data is available for historic period 2019 to 2020.
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Table of Content:
Chapter 1: Orthopedic Surgical Energy Devices Market Overview
Chapter 1.1: Study Assumptions
Chapter 1.2: Scope of the Study
Chapter 2: Orthopedic Surgical Energy Devices Market Economic Impact
Chapter 2.1: Analysis Methodology
Chapter 2.2: Research Phases
Chapter 3: Competition by Manufacturers
Chapter 3.1: Current Market Scenario
Chapter 3.2: Value Chain/Supply Chain Analysis
Chapter 3.3: Government Regulations and Initiatives
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 5.1: Market Drivers
Chapter 5.2: Market Restraints/Challenges
Chapter 5.3: Market Opportunities
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Market Analysis by Application
Chapter 8: Market by Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Geographic Analyses
Chapter 12: Orthopedic Surgical Energy Devices Market Effect Factors Analysis
Chapter 13: Orthopedic Surgical Energy Devices Market Forecast
Chapter 14: Future of the Market
Chapter 15: Appendix
Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-orthopedic-surgical-energy-devices-market
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