Product Description
Overall, the global direct energy device market was valued at nearly $2.7 billion in 2023. This is expected to increase over the forecast period at a CAGR of 3.3% to reach nearly $3.4 billion in 2030.
Throughout this medical market research, we analyzed over 15 direct energy device companies across 7 continents and used our comprehensive methodology to understand the market sizes, unit sales, company market shares, and to create accurate forecasts. The full report suite on the global market for direct energy devices extends its projections up to the year 2030, thereby providing a comprehensive and anticipatory understanding of the market trends and trajectories for the given period.
DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2030, and Historical Data to 2020
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- COVID19 Impact
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
Global Direct Energy Device Market Insights
Although reusable energy devices offer advantages on a per-procedure basis, disposable alternatives remain the favored selection in the market. The reduced risk of infection associated with disposable devices makes them the preferred choice among healthcare providers. Consequently, disposable options hold a significant presence in the energy device segment, fueling unit growth across the market and serving as the primary revenue source for manufacturers.
Global Direct Energy Device Market Share Insights
- Medtronic maintains its global dominance, holding the top position in the market with over half of the entire market share attributed to its diverse product portfolio. Medtronic‘s Ligasure™ line, serving as a primary direct energy vessel sealer, holds a major presence in operating rooms worldwide.
- Ethicon stands as the second-leading competitor, offering the most advanced products available within its Enseal™ and Megadyne™ product lines.
- Olympus secures the third position in the market. The company’s distinctive product, THUNDERBEAT™, combines both direct energy and ultrasonic energy. Additionally, Olympus‘ POWERSEAL™, a more traditional energy device with advanced capabilities, was officially introduced in the EMEA region in 2023.
Market Segmentation Summary
- Bipolar Device Market
- Monopolar Electrode Market
- Electrical Generator Market
Global Research Scope Summary
Report Attribute | Details |
---|---|
Regions | North America (Canada, United States) Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela) Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.) Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine) Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates) Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam) Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda) |
Base Year | 2023 |
Forecast | 2024-2030 |
Historical Data | 2020-2023 |
Quantitative Coverage | Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices. |
Qualitative Coverage | COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews. |
Data Sources | Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database. |
CONTACT US FOR ADDITIONAL INFORMATION
For full segmentation and any questions regarding research coverage, please contact us for a complimentary demo of the full report.