Market Overview:
The global direct energy medical devices market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for minimally invasive surgeries, rising prevalence of chronic diseases, and technological advancements in medical devices. Based on type, the radiation segment is expected to account for the largest share of the global direct energy medical devices market in 2018. This segment is projected to grow at a CAGR of 7.8% during the forecast period from 2018 to 2030. The large share of this segment can be attributed to factors such as rising incidence of cancer and growing demand for radiation therapy procedures worldwide. Based on application, aesthetics is expected to account for the largest share of the global direct energy medical devices market in 2018.
Product Definition:
Direct Energy Medical Devices are devices that use direct energy to treat medical conditions. This can include lasers, ultrasound, and radiofrequency energy. These devices can be used to treat a variety of medical conditions, including cancer, heart disease, and chronic pain. The use of these devices can improve the quality of life for patients by reducing pain and improving function.
Radiation:
Radiation is the emission of energy in the form of waves or particles. The types of radiation used in DED devices include ionizing and non-ionizing radiation. Ionizing radiation has higher energy than non-ionizing, but both are used for treating cancerous cells and can be used internally as well.
The usage factor for DEDRADON therapy is 0.25 - 3 Gray (Gy) per treatment session, depending on the location.
Radio Frequency:
Radiofrequency (RF) is a form of electromagnetic radiation with wavelengths ranging from as small as 1mm to 100 meters and frequencies between 10-300 GHz. Radiofrequency can be used for both transmitting and receiving signals. It is used in Direct Energy Medical Devices (DEDs) for the treatment of cancer, neurological disorders, pain management, etc.
Application Insights:
The application segment is segregated into aesthetics, cardiovascular, gynecology, orthopedics, urology, ophthalmology and laparoscopy. The others segment includes pain management and physical medicine & rehabilitation. Direct energy devices are used in the treatment of various aesthetic conditions including acne scars or pitted skin texture with no or minimal down time required. On the other hand, direct energy medical devices are also used for cardiovascular diseases such as heart valve problems (coronary artery disease), high blood pressure (hypertension) and stroke prevention among others.
Direct energy medical devices have a wide scope in treating female reproductive system disorders such as abnormal uterine bleeding (AUB), pelvic pain syndrome (PPS) during pregnancy or after childbirth along with menopause symptoms like hot flashes and night sweats among others which were previously treated by surgery only but could be effectively treated by DED because it provides better results at a lower cost compared to surgery.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of medical centers and hospitals that use these devices for various applications. In addition, increasing R&D activities by major companies is also expected to drive the regional market over the forecast period. The U.S., being one of the most developed countries in terms of healthcare, has a well-established reimbursement structure that makes it easier for patients to access these therapies resulting in its dominance throughout the forecast period.
Asia Pacific region is anticipated to grow at an exponential rate during which Japan and China are likely to dominate due to factors such as increasing geriatric population base coupled with growing awareness about energy medicine devices among physicians and patients respectively. Moreover, economic development coupled with government initiatives aimed at improving healthcare infrastructure is further expected fuel growth over this period at a CAGR exceeding 7%.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The Direct Energy Medical Devices market is expected to benefit from the increasing demand for minimally invasive surgeries. This is because these devices offer several advantages over traditional surgical procedures, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times.
- Growing geriatric population: The global geriatric population is growing at a rapid pace and this is expected to drive the demand for Direct Energy Medical Devices in the coming years. These devices are particularly beneficial for elderly patients as they help reduce the risk of complications associated with surgery.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as cancer, heart disease, and diabetes is on the rise worldwide and this is likely to boost demand for Direct Energy Medical Devices in the near future. These devices offer an effective treatment option for patients suffering from chronic diseases.
- Technological advancements: Rapid advancements in technology have led to the development of new types of Direct Energy Medical Devices that are more efficient and safer than traditional devices. This is likely to spur growth in the market over the next few years."
Scope Of The Report
Report Attributes
Report Details
Report Title
Direct Energy Medical Devices Market Research Report
By Type
Radiation, Radio Frequency, Ultrasound, Microwave
By Application
Aesthetics, Cardiovascular, Gynecology, Orthopedics, Urology, Ophthalmology, Laparoscopy
By Companies
Aesthera Corporation, Palomar Medical Technologies Inc., ConMed Corporation, Olympus Corporation, Covidien PLC, Sciton Inc., Karl Storz Endoscopy-America,Inc., B.Braun Aesculap, Microline Surgical Inc., Stryker, Ethicon Endo-Surgery?Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Direct Energy Medical Devices Market Report Segments:
The global Direct Energy Medical Devices market is segmented on the basis of:
Types
Radiation, Radio Frequency, Ultrasound, Microwave
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aesthetics, Cardiovascular, Gynecology, Orthopedics, Urology, Ophthalmology, Laparoscopy
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aesthera Corporation
- Palomar Medical Technologies Inc.
- ConMed Corporation
- Olympus Corporation
- Covidien PLC
- Sciton Inc.
- Karl Storz Endoscopy-America,Inc.
- B.Braun Aesculap
- Microline Surgical Inc.
- Stryker
- Ethicon Endo-Surgery?Inc.
Highlights of The Direct Energy Medical Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Radiation
- Radio Frequency
- Ultrasound
- Microwave
- By Application:
- Aesthetics
- Cardiovascular
- Gynecology
- Orthopedics
- Urology
- Ophthalmology
- Laparoscopy
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Direct Energy Medical Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Direct Energy Medical Devices is a medical technology company that manufactures and sells products for the treatment of chronic pain. Products include electrical stimulation devices, such as epidural stimulators and spinal cord stimulators, which are used to treat conditions such as chronic back pain, neck pain, and neuropathic pain.
Some of the major players in the direct energy medical devices market are Aesthera Corporation, Palomar Medical Technologies Inc., ConMed Corporation, Olympus Corporation, Covidien PLC, Sciton Inc., Karl Storz Endoscopy-America,Inc., B.Braun Aesculap, Microline Surgical Inc., Stryker, Ethicon Endo-Surgery?Inc..
The direct energy medical devices market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Direct Energy Medical Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Direct Energy Medical Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Direct Energy Medical Devices Market - Supply Chain
4.5. Global Direct Energy Medical Devices Market Forecast
4.5.1. Direct Energy Medical Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Direct Energy Medical Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Direct Energy Medical Devices Market Absolute $ Opportunity
5. Global Direct Energy Medical Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Direct Energy Medical Devices Market Size and Volume Forecast by Type
5.3.1. Radiation
5.3.2. Radio Frequency
5.3.3. Ultrasound
5.3.4. Microwave
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Direct Energy Medical Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Direct Energy Medical Devices Market Size and Volume Forecast by Application
6.3.1. Aesthetics
6.3.2. Cardiovascular
6.3.3. Gynecology
6.3.4. Orthopedics
6.3.5. Urology
6.3.6. Ophthalmology
6.3.7. Laparoscopy
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Direct Energy Medical Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Direct Energy Medical Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Direct Energy Medical Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Direct Energy Medical Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Direct Energy Medical Devices Demand Share Forecast, 2019-2029
9. North America Direct Energy Medical Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Direct Energy Medical Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Direct Energy Medical Devices Market Size and Volume Forecast by Application
9.4.1. Aesthetics
9.4.2. Cardiovascular
9.4.3. Gynecology
9.4.4. Orthopedics
9.4.5. Urology
9.4.6. Ophthalmology
9.4.7. Laparoscopy
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Direct Energy Medical Devices Market Size and Volume Forecast by Type
9.7.1. Radiation
9.7.2. Radio Frequency
9.7.3. Ultrasound
9.7.4. Microwave
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Direct Energy Medical Devices Demand Share Forecast, 2019-2029
10. Latin America Direct Energy Medical Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Direct Energy Medical Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Direct Energy Medical Devices Market Size and Volume Forecast by Application
10.4.1. Aesthetics
10.4.2. Cardiovascular
10.4.3. Gynecology
10.4.4. Orthopedics
10.4.5. Urology
10.4.6. Ophthalmology
10.4.7. Laparoscopy
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Direct Energy Medical Devices Market Size and Volume Forecast by Type
10.7.1. Radiation
10.7.2. Radio Frequency
10.7.3. Ultrasound
10.7.4. Microwave
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Direct Energy Medical Devices Demand Share Forecast, 2019-2029
11. Europe Direct Energy Medical Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Direct Energy Medical Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Direct Energy Medical Devices Market Size and Volume Forecast by Application
11.4.1. Aesthetics
11.4.2. Cardiovascular
11.4.3. Gynecology
11.4.4. Orthopedics
11.4.5. Urology
11.4.6. Ophthalmology
11.4.7. Laparoscopy
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Direct Energy Medical Devices Market Size and Volume Forecast by Type
11.7.1. Radiation
11.7.2.Radio Frequency
11.7.3. Ultrasound
11.7.4. Microwave
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Direct Energy Medical Devices Demand Share, 2019-2029
12. Asia Pacific Direct Energy Medical Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Direct Energy Medical Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Direct Energy Medical Devices Market Size and Volume Forecast by Application
12.4.1. Aesthetics
12.4.2. Cardiovascular
12.4.3. Gynecology
12.4.4. Orthopedics
12.4.5. Urology
12.4.6. Ophthalmology
12.4.7. Laparoscopy
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Direct Energy Medical Devices Market Size and Volume Forecast by Type
12.7.1. Radiation
12.7.2. Radio Frequency
12.7.3. Ultrasound
12.7.4. Microwave
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Direct Energy Medical Devices Demand Share, 2019-2029
13. Middle East & Africa Direct Energy Medical Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Direct Energy Medical Devices Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Direct Energy Medical Devices Market Size and Volume Forecast by Application
13.4.1. Aesthetics
13.4.2. Cardiovascular
13.4.3. Gynecology
13.4.4. Orthopedics
13.4.5. Urology
13.4.6. Ophthalmology
13.4.7. Laparoscopy
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Direct Energy Medical Devices Market Size and Volume Forecast by Type
13.7.1. Radiation
13.7.2. Radio Frequency
13.7.3. Ultrasound
13.7.4. Microwave
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Direct Energy Medical Devices Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Direct Energy Medical Devices Market: Market Share Analysis
14.2. Direct Energy Medical Devices Distributors and Customers
14.3. Direct Energy Medical Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aesthera Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Palomar Medical Technologies Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ConMed Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Olympus Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Covidien PLC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sciton Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Karl Storz Endoscopy-America,Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. B.Braun Aesculap
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Microline Surgical Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Stryker
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ethicon Endo-Surgery?Inc.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook