Market Overview:
The global hydrosurgery system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of chronic diseases. Based on type, the global hydrosurgery system market can be segmented into hardware and software. The hardware segment is further sub-segmented into handpieces, irrigators, consoles, and others (including suction tubes and drainage systems). The software segment is further sub-segmented into surgical planning software and postoperative care software. Based on application, the global hydrosurgery system market can be divided into hospitals, specialty clinics, and others (including research institutes and training centers). Geographically speaking, North America dominates the global hydrosurgery system market followed by Europe due to factors such as technological advancements in this field along with rising awareness about minimally invasive surgeries among patients in these regions.
Product Definition:
Hydrosurgery system is a medical device that uses high-pressure water to remove unwanted tissue from the body. It is used to treat a variety of conditions, including tumors, cysts, and warts. The importance of hydrosurgery system lies in its ability to remove tissue without causing damage to the surrounding area.
Hardware:
Hardware is the part of a medical device that consists of surgical instruments, disposables and accessories. Hardware in Hydrosurgery system market is segmented into Surgical Instruments (Knives, Forceps, scissors), Disposable (Drapes & Tapes) and Accessories. The demand for hardware has increased over the past few years due to growing number of surgeries globally which include dental procedures as well.
Software:
Software and it's usage in Hydrosurgery System market is a package of computer programs and related data files which are used by surgeons during the surgery. The software helps to keep track of the medical records, patient information, operation schedule, inventory control list etc. It also helps to display graphics as a demonstration during surgeries or for teaching purposes.
The global hydrosurgery system market size was valued at USD 1,22 billion in 2015.
Application Insights:
Based on application, the market is segmented into hospitals, specialty clinics and others. Hospitals held the largest share of over 70% in 2017. Hydrosurgery systems are widely used in hospitals as it helps reduce trauma and facilitate easy access to hard-to-reach areas of the body. Moreover, hospital-based surgeries offer greater exposure to potential patients who may have gone through a similar situation or know someone who has had this experience before them. This factor is likely to drive demand for hyrosurgery system at a global level over the forecast period.
The specialty clinics segment is expected to witness significant growth with CAGR exceeding 11% from 2018 to 2030 owing to increasing adoption by plastic surgeons as it offers easier access during procedures without compromising with precision or safety levels required while operating on patients¢â‚¬â„¢ bodies.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to increasing cases of obesity and related disorders, rising geriatric population, and high adoption rate of advanced technologies across various healthcare settings. Moreover, presence of key players in this region is also expected to contribute toward the regional demand for HSS over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing awareness about hydrosurgery devices among patients as well as healthcare professionals. In addition, growing medical tourism industry in emerging economies such as India and China are expected drive regional demand during the forecast period.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the benefits offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Hydrosurgery systems are ideally suited for use in minimally invasive surgeries, as they offer several advantages over other surgical techniques such as lasers or electrosurgery systems.
- Growing popularity of laparoscopic surgery: Laparoscopic surgery is a type of minimally invasive surgery that uses small incisions (usually 1-3 cm) instead of the large incision used in traditional open surgery. This allows surgeons to operate using specialized instruments inserted through the incisions, resulting in less pain and scarring for patients post-surgery. The global market for laparoscopic surgical devices is expected to grow at a CAGR of 7% from 2016 to 2021. Hydrosurgery systems are well-suited for use in laparoscopic procedures due to their ability to provide precise cutting and coagulation without generating heat or smoke that can damage delicate tissues surrounding the surgical site.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrosurgery System Market Research Report
By Type
Hardware, Software
By Application
Hospitals, Specialty Clinics, Others
By Companies
Erbe Elektromedizin, HydroCision, Smith and Nephew
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Hydrosurgery System Market Report Segments:
The global Hydrosurgery System market is segmented on the basis of:
Types
Hardware, Software
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
Hospitals, Specialty Clinics, Others
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:
- Erbe Elektromedizin
- HydroCision
- Smith and Nephew
Highlights of The Hydrosurgery System 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:
- Hardware
- Software
- By Application:
- Hospitals
- Specialty Clinics
- Others
- 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 Hydrosurgery System 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.
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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?
Hydrosurgery is a surgical technique that uses water to cut and remove tissue.
Some of the major companies in the hydrosurgery system market are Erbe Elektromedizin, HydroCision, Smith and Nephew.
The hydrosurgery system market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydrosurgery System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydrosurgery System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydrosurgery System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydrosurgery System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydrosurgery System Market Size & Forecast, 2018-2028
4.5.1 Hydrosurgery System Market Size and Y-o-Y Growth
4.5.2 Hydrosurgery System Market Absolute $ Opportunity
Chapter 5 Global Hydrosurgery System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hydrosurgery System Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydrosurgery System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hydrosurgery System Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Specialty Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydrosurgery System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydrosurgery System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hydrosurgery System Analysis and Forecast
9.1 Introduction
9.2 North America Hydrosurgery System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hydrosurgery System Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hydrosurgery System Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Specialty Clinics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hydrosurgery System Analysis and Forecast
10.1 Introduction
10.2 Europe Hydrosurgery System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hydrosurgery System Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hydrosurgery System Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Specialty Clinics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hydrosurgery System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydrosurgery System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hydrosurgery System Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hydrosurgery System Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Specialty Clinics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hydrosurgery System Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydrosurgery System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hydrosurgery System Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hydrosurgery System Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Specialty Clinics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hydrosurgery System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydrosurgery System Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hydrosurgery System Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hydrosurgery System Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Specialty Clinics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydrosurgery System Market: Competitive Dashboard
14.2 Global Hydrosurgery System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Erbe Elektromedizin
14.3.2 HydroCision
14.3.3 Smith and Nephew
