The global energy-based therapeutics market reached a value of US$ 6.1 Billion in 2018. Energy-based therapeutics are employed for the modification or destruction of tissues with the help of technologies such as microwave, thermal, hydro-mechanical, radiofrequency, cryotherapy, and ultrasound. These therapeutics are divided on the basis of clinical applications into general, ophthalmic and aesthetic surgeries. General surgeries include lithotripsy, gynecology, ENT microsurgery and surgery for cardiovascular diseases. Ophthalmic surgeries are often done for diseases like glaucoma and cataract. Aesthetic surgeries can be both invasive and non-invasive in nature and aid in reducing scars, acne, sun damage, pigmentation, redness and vascular lesions.
Global Energy-Based Therapeutics Market Drivers:
Breakthroughs in the field of aesthetic medicine have led to an increase in the adoption of energy-based aesthetic surgeries, especially for anti-aging treatments. Along with this, there has been a shift from invasive to non-invasive aesthetic procedures on a global level, owing to the affordability and efficacy of these therapies. Similarly, the increasing popularity of minimally invasive surgeries for the treatment of diseases like cardiac arrhythmias and cancer tumors, along with the benefits associated with these procedures like reduced complications, are creating a positive outlook for the global energy-based therapeutics market. Apart from this, the rising trend of physician-owned ambulatory surgical centers, also known as ASCs, is another key factor which is driving the market growth. Since most energy-based therapeutic procedures do not require hospital stays, surgeons across the world have started performing these therapies in their own clinics. On account of these factors, the market value is expected to reach more than US$ 8.9 Billion by 2024, at a CAGR of 6.4% during 2019-2024.
Report Coverage:
Breakup by Product Type:
- Microwave
- Radiofrequency
- Hydro-Mechanical
- Cryotherapy
- Thermal
- Ultrasound
Breakup by Clinical Application:
- Aesthetic
- Surgical
- Ophthalmic
Aesthetic currently accounts for the largest share.
Breakup by End-User:
Regional Insights:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Johnson & Johnson, Lumenis, Syneron Medical, Abbott Medical Optics, Alcon, Alna Medical System, Angiodynamic, Angiodynamics, Atricure, Biolase, etc.
Key Questions Answered in This Report:
- How has the global energy-based therapeutics market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global energy-based therapeutics industry?
- What is the breakup of the market on the basis of product type?
- What is the breakup of the market on the basis of clinical application?
- What is the breakup of the market on the basis of end-use?
- What are the various stages in the value chain of the global energy-based therapeutics industry?
- What are the key driving factors and challenges in the global energy-based therapeutics industry?
- What is the structure of the global energy-based therapeutics industry and who are the key players?
- What is the degree of competition in the global energy-based therapeutics industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.3 Key Industry Trends
5 Global Energy-Based Therapeutics Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product
5.4 Market Breakup by Clinical Application
5.5 Market Breakup by End-Use
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Product
6.1 Microwave
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Radiofrequency
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Hydro-Mechanical
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Cryotherapy
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Thermal
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Ultrasound
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Clinical Application
7.1 Aesthetic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Surgical
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Ophthalmic
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End-Use
8.1 Hospitals
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Clinics
8.2.1 Market Trends
8.2.2 Market Forecast
8.2 Others
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 Global Energy-Based Therapeutics Industry: SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Global Energy-Based Therapeutics Industry: Value Chain Analysis
12 Global Energy-Based Therapeutics Industry: Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Global Energy-Based Therapeutics Industry: Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Johnson & Johnson
14.3.2 Lumenis
14.3.3 Syneron Medical
14.3.4 Abbott Medical Optics
14.3.5 Alcon
14.3.6 Alna Medical System
14.3.7 Angiodynamic
14.3.8 Angiodynamics
14.3.9 Atricure
14.3.10 Biolase
List of Figures
Figure 1: Global: Energy-Based Therapeutics Market: Major Drivers and Challenges
Figure 2: Global: Energy-Based Therapeutics Market: Sales Value (in Billion US$), 2013-2018
Figure 3: Global: Energy-Based Therapeutics Market: Breakup by Product (in %), 2018
Figure 4: Global: Energy-Based Therapeutics Market: Breakup by Clinical Application (in %), 2018
Figure 5: Global: Energy-Based Therapeutics Market: Breakup by End-Use (in %), 2018
Figure 6: Global: Energy-Based Therapeutics Market: Breakup by Region (in %), 2018
Figure 7: Global: Energy-Based Therapeutics Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 8: Global: Energy-Based Therapeutics Industry: SWOT Analysis
Figure 9: Global: Energy-Based Therapeutics Industry: Value Chain Analysis
Figure 10: Global: Energy-Based Therapeutics Industry: Porter’s Five Forces Analysis
Figure 11: Global: Energy-Based Therapeutics (Microwave) Market: Sales Value (in Million US$), 2013 & 2018
Figure 12: Global: Energy-Based Therapeutics (Microwave) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: Energy-Based Therapeutics (Radiofrequency) Market: Sales Value (in Million US$), 2013 & 2018
Figure 14: Global: Energy-Based Therapeutics (Radiofrequency) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: Energy-Based Therapeutics (Hydro-Mechanical) Market: Sales Value (in Million US$), 2013 & 2018
Figure 16: Global: Energy-Based Therapeutics (Hydro-Mechanical) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: Energy-Based Therapeutics (Cryotherapy) Market: Sales Value (in Million US$), 2013 & 2018
Figure 18: Global: Energy-Based Therapeutics (Cryotherapy) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Energy-Based Therapeutics (Thermal) Market: Sales Value (in Million US$), 2013 & 2018
Figure 20: Global: Energy-Based Therapeutics (Thermal) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: Energy-Based Therapeutics (Ultrasound) Market: Sales Value (in Million US$), 2013 & 2018
Figure 22: Global: Energy-Based Therapeutics (Ultrasound) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: Energy-Based Therapeutics (Aesthetic) Market: Sales Value (in Million US$), 2013 & 2018
Figure 24: Global: Energy-Based Therapeutics (Aesthetic) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 25: Global: Energy-Based Therapeutics (Surgical) Market: Sales Value (in Million US$), 2013 & 2018
Figure 26: Global: Energy-Based Therapeutics (Surgical) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 27: Global: Energy-Based Therapeutics (Ophthalmic) Market: Sales Value (in Million US$), 2013 & 2018
Figure 28: Global: Energy-Based Therapeutics (Ophthalmic) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 29: Global: Energy-Based Therapeutics (Hospitals) Market: Sales Value (in Million US$), 2013 & 2018
Figure 30: Global: Energy-Based Therapeutics (Hospitals) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 31: Global: Energy-Based Therapeutics (Clinics) Market: Sales Value (in Million US$), 2013 & 2018
Figure 32: Global: Energy-Based Therapeutics (Clinics) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 33: Global: Energy-Based Therapeutics (Others) Market: Sales Value (in Million US$), 2013 & 2018
Figure 34: Global: Energy-Based Therapeutics (Others) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: North America: Energy-Based Therapeutics Market: Sales Value (In Million US$), 2013 & 2018
Figure 36: North America: Energy-Based Therapeutics Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 37: Europe: Energy-Based Therapeutics Market: Sales Value (in Million US$), 2013 & 2018
Figure 38: Europe: Energy-Based Therapeutics Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 39: Asia Pacific: Energy-Based Therapeutics Market: Sales Value (in Million US$), 2013 & 2018
Figure 40: Asia Pacific: Energy-Based Therapeutics Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 41: Middle East and Africa: Energy-Based Therapeutics Market: Sales Value (in Million US$), 2013 & 2018
Figure 42: Middle East and Africa: Energy-Based Therapeutics Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 43: Latin America: Energy-Based Therapeutics Market: Sales Value (in Million US$), 2013 & 2018
Figure 44: Latin America: Energy-Based Therapeutics Market Forecast: Sales Value (in Million US$), 2019-2024
List of Tables
Table 1: Global: Energy-Based Therapeutics Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Energy-Based Therapeutics Market Forecast: Breakup by Product (in Million US$), 2019-2024
Table 3: Global: Energy-Based Therapeutics Market Forecast: Breakup by Clinical Application (in Million US$), 2019-2024
Table 4: Global: Energy-Based Therapeutics Market Forecast: Breakup by End-Use (in Million US$), 2019-2024
Table 5: Global: Energy-Based Therapeutics Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Global: Energy-Based Therapeutics Market Structure
Table 7: Global: Energy-Based Therapeutics Market: Key Players