Market Overview:
The global microwave therapeutic instruments 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 prevalence of chronic diseases, rising geriatric population, and technological advancements in microwave therapeutic instruments. Based on type, the global microwave therapeutic instruments market is segmented into desktop and portable type. The desktop type segment is expected to account for a larger share of the global market than the portable type segment during the forecast period. This can be attributed to factors such as increased adoption of desktop-type microwave therapeutic instruments by hospitals and clinics due to their large size and higher throughput capacity as compared with portable-type devices, and growing demand for home use microwaves owing to their low cost and easy portability. Based on application, the global microwave therapeutic instruments market is divided into hospital use, clinic use, and home use segments. The hospital use segment accounted for a larger share of the overall market in 2017 owing to rising demand for minimally invasive surgeries (MIS) that require usage of microwaves for coagulation or ablation purposes.
Product Definition:
Microwave Therapeutic Instruments are medical devices that use microwaves to generate heat. This heat is then used to treat a variety of medical conditions. The importance of Microwave Therapeutic Instruments lies in their ability to provide an effective and non-invasive treatment for a wide range of medical conditions.
Desktop:
Desktop is a system software that runs on personal computers and workstations. It provides an interface between the user and the computer hardware, enabling easy access to files, programs, documents etc. The desktop market has witnessed growth over the past few years owing to its increased demand in medical imaging applications such as X-ray films & digital images processing along with general office applications such as word processing & spreadsheets.
Portable Type:
Portable types are the equipment that can be transported from one place to another without any substantial disassembly. The portable type microwave therapeutic instruments market is driven by factors such as increasing demand for point of care diagnostic devices, growing geriatric population base and rising prevalence of chronic diseases.
The introduction of technologically advanced products in the field, increasing healthcare awareness among people and government initiatives to provide better medical facilities at a low cost are few drivers for this market.
Application Insights:
The market is segmented by application into hospital, clinic and home use. The hospital segment dominated the overall market in terms of revenue in 2017 owing to the high usage rate of microwave therapeutic devices for various medical purposes at hospitals. Microwave energy has proved beneficial in treating a wide range of medical conditions including skin diseases, fractures, sprains and strains as well as back problems. It has also been used for non-invasive prenatal care which allows women to obtain early pregnancy test results without having to go through an ultrasound examination. Additionally, it helps detect conditions such as placenta previa and abruption which may require immediate medical attention during childbirth. These factors are anticipated to fuel growth over the forecast period thereby driving demand from hospitals across the globe.
Clinic applications include sports medicine clinics, dental offices among others where patients require treatment for musculoskeletal injuries or pain caused due to arthritis or joint disorders among other general ailments related thereto such as digestive issues.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the increasing number of Microwave Medical Systems (MWMS) manufacturers and distributors, rising prevalence of chronic diseases, high healthcare expenditure, and favorable reimbursement policies & regulatory reforms. In addition, a large number of clinical studies conducted using MWMI are also driving regional growth. For instance, in February 2018, researchers from University Of Wisconsin-Madison launched a new app for iOS devices called “Microwave Therapeutics†that helps physicians prescribe microwave therapies for various conditions atchronic pain management and cancer treatment etc.
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 owing to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Microwave therapeutic instruments are ideally suited for use in minimally invasive surgeries as they offer quick heating of tissues and negligible damage to surrounding tissues.
- Growing prevalence of cancer: According to the World Health Organization (WHO), cancer is one of the leading causes of death worldwide, accounting for 8 million deaths in 2012 alone. The incidence of cancer is rising rapidly due to factors such as aging population, changing lifestyles, and increasing exposure to carcinogens. This has led to an increased demand for effective treatment modalities such as microwave therapy which can help shrink tumors without causing any damage to healthy tissue nearby.
Scope Of The Report
Report Attributes
Report Details
Report Title
Microwave Therapeutic Instruments Market Research Report
By Type
Desktop, Portable Type
By Application
Hospital, Clinic, Home Use
By Companies
Fysiomed, Sunostik, JSLEO, HUTONG, LAND, Chongqing Shuming Science And Technology, BAOXING, SIMON, Jasonmed, Chengdu Hengbo Medical Apparatus, Tianjin Shinaide
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Microwave Therapeutic Instruments Market Report Segments:
The global Microwave Therapeutic Instruments market is segmented on the basis of:
Types
Desktop, Portable Type
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
Hospital, Clinic, Home Use
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:
- Fysiomed
- Sunostik
- JSLEO
- HUTONG
- LAND
- Chongqing Shuming Science And Technology
- BAOXING
- SIMON
- Jasonmed
- Chengdu Hengbo Medical Apparatus
- Tianjin Shinaide
Highlights of The Microwave Therapeutic Instruments 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:
- Desktop
- Portable Type
- By Application:
- Hospital
- Clinic
- Home Use
- 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 Microwave Therapeutic Instruments 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
- Business Expansion Strategies
- 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?
Microwave therapeutic instruments are medical devices that use microwaves to heat and treat tissue. Microwave therapy is used to treat a variety of conditions, including cancer, pain relief, and inflammation.
Some of the major companies in the microwave therapeutic instruments market are Fysiomed, Sunostik, JSLEO, HUTONG, LAND, Chongqing Shuming Science And Technology, BAOXING, SIMON, Jasonmed, Chengdu Hengbo Medical Apparatus, Tianjin Shinaide.
The microwave therapeutic instruments market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Microwave Therapeutic Instruments 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. Microwave Therapeutic Instruments Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Microwave Therapeutic Instruments Market - Supply Chain
4.5. Global Microwave Therapeutic Instruments Market Forecast
4.5.1. Microwave Therapeutic Instruments Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Microwave Therapeutic Instruments Market Size (000 Units) and Y-o-Y Growth
4.5.3. Microwave Therapeutic Instruments Market Absolute $ Opportunity
5. Global Microwave Therapeutic Instruments 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. Microwave Therapeutic Instruments Market Size and Volume Forecast by Type
5.3.1. Desktop
5.3.2. Portable Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Microwave Therapeutic Instruments 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. Microwave Therapeutic Instruments Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Clinic
6.3.3. Home Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Microwave Therapeutic Instruments 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. Microwave Therapeutic Instruments 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 Microwave Therapeutic Instruments 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. Microwave Therapeutic Instruments 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 Microwave Therapeutic Instruments Demand Share Forecast, 2019-2026
9. North America Microwave Therapeutic Instruments 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 Microwave Therapeutic Instruments 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 Microwave Therapeutic Instruments Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Clinic
9.4.3. Home Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Microwave Therapeutic Instruments Market Size and Volume Forecast by Type
9.7.1. Desktop
9.7.2. Portable Type
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 Microwave Therapeutic Instruments Demand Share Forecast, 2019-2026
10. Latin America Microwave Therapeutic Instruments 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 Microwave Therapeutic Instruments 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 Microwave Therapeutic Instruments Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Clinic
10.4.3. Home Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Microwave Therapeutic Instruments Market Size and Volume Forecast by Type
10.7.1. Desktop
10.7.2. Portable Type
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 Microwave Therapeutic Instruments Demand Share Forecast, 2019-2026
11. Europe Microwave Therapeutic Instruments 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 Microwave Therapeutic Instruments 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 Microwave Therapeutic Instruments Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Clinic
11.4.3. Home Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Microwave Therapeutic Instruments Market Size and Volume Forecast by Type
11.7.1. Desktop
11.7.2. Portable Type
11.8. Basis Point Shae (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 Microwave Therapeutic Instruments Demand Share, 2019-2026
12. Asia Pacific Microwave Therapeutic Instruments 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 Microwave Therapeutic Instruments 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 Microwave Therapeutic Instruments Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Clinic
12.4.3. Home Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Microwave Therapeutic Instruments Market Size and Volume Forecast by Type
12.7.1. Desktop
12.7.2. Portable Type
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 Microwave Therapeutic Instruments Demand Share, 2019-2026
13. Middle East & Africa Microwave Therapeutic Instruments 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 Microwave Therapeutic Instruments 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 Microwave Therapeutic Instruments Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Clinic
13.4.3. Home Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Microwave Therapeutic Instruments Market Size and Volume Forecast by Type
13.7.1. Desktop
13.7.2. Portable Type
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 Microwave Therapeutic Instruments Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Microwave Therapeutic Instruments Market: Market Share Analysis
14.2. Microwave Therapeutic Instruments Distributors and Customers
14.3. Microwave Therapeutic Instruments Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fysiomed
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sunostik
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. JSLEO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. HUTONG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LAND
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Chongqing Shuming Science And Technology
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BAOXING
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SIMON
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jasonmed
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Chengdu Hengbo Medical Apparatus
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Tianjin Shinaide
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
