North America Orthopedic Surgical Energy Devices Market grows at a CAGR of 7.6% in the forecast period 2022-2029.
North America Orthopedic Surgical Energy Devices Market Scope and Market Size
- On the basis of product, the global orthopedic surgical energy devices market is segmented into hand pieces and accessories. In 2022, the hand pieces 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 hand piece, 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.
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Key Players North America Orthopedic Surgical Energy Devices Market
- Medtronic
- Stryker
- CONMED Corporation
- KARL STORZ
- Smith Nephew
- Auxein Medical
- MatOrtho Limited
- Zimmer Biomet
- Braun Melsungen AG
- boston Scientific Corporation
- Soring GmbH
- Apothecaries Sundries Mfg. Co.
- Nouvag AG
- De Soutter Medical
- Misonix (Bioventus, Inc)
Market Analysis Insights: North America Orthopedic Surgical Energy Devices Market
- North America Orthopedic Surgical Energy Devices Market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.4% in the forecast period of 2022 to 2029 and is expected to reach USD 450.58 million by 2029 from USD 247.72 million in 2021. The rise in geriatric population and technological advancements in the field of orthopedic surgeries to ease the surgical process are likely to be the major drivers which propel the demand of the market in the forecast period.
- The orthopedic surgical devices are devices, which are implemented to correct the bone deformities and to restore the function of the human skeletal system. The orthopedic surgical energy devices use energy such as radiation, radio frequency and ultrasound, to seal the skin and bone tissue. The orthopedic surgical energy devices require an energy source, such as an electrosurgery generator (ESU), and an instrument to transfer the energy to the patient. The important types include radio frequency (RF), which is basically modified electrical current and ultrasound, which converts electrical current into mechanical motion. More specialized technologies include those that use argon gas, plasma, or a combination of technologies.
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North America Orthopedic Surgical Energy Devices Market Share Analysis
- Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width, and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to the orthopedic surgical energy devices market.
- The large scale orthopedic surgical energy devices market marketing report consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. All the data and statistics covered in this business report lead to an actionable ideas, improved decision-making and better mapping business strategies. This credible market report analyses the ABC industry from top to bottom by considering myriad of aspects. Businesses can rely upon this top-notch market report to accomplish an utter success. Global orthopedic surgical energy devices market report offers better solution for refining the business strategies to thrive in this competitive market place.
- The data and information regarding orthopedic surgical energy devices market industry are taken from reliable sources such as websites, annual reports of the companies, and journals etc. and were checked and validated by the market experts. Orthopedic surgical energy devices market report helps in planning by providing precise and state-of-the-art information about the consumer’s demands, preferences, attitudes and their changing tastes about the specific product. This report has been prepared by considering various steps for collecting, recording and analyzing market data. An influential orthopedic surgical energy devices market report employs various basic steps of market analysis that include survey, focus groups, personal interviews, observations, and field trial
North America Orthopedic Surgical Energy Devices Market Country Level Analysis
- The North America Orthopedic surgical energy devices market is analysed, and market size information is provided by product, technology, application, end user, and distribution channel.
- The countries covered in the North America Orthopedic surgical energy devices market report are the U.S., Canada, and Mexico.
- In 2021, the the U.S. is dominating due to the presence of the market's key players and has high GDP. Moreover, the U.S. has the highest household spending in the world and offers trade agreements with several countries making it the largest market for consumer products, including products for orthopedic surgical energy devices due to the presence of major market players and increased technological advancement in the region.
TOC of the report
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Get TOC details from here: https://www.databridgemarketresearch.com/toc/?dbmr=north-america-orthopedic-surgical-energy-devices-market
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North America Orthopedic Surgical Energy Devices Market
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