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The global directed energy-based surgical systems market size surpassed USD 10,350 million in 2024 and is predicted to reach around USD 38,710 million by 2034, registering a CAGR of 14.1% from 2024 to 2034.
The directed energy based surgical systems market deals with the utilization of diverse energy-based systems for applications in medical and biotechnology use. The directed energy based surgical systems industry is expanding, particularly due to its growing uses in gynecology and other medical specialties. The growth of the hemodialysis market in North America is driven by an increase in procedures and advancements in dialysis technology from leading companies. Global healthcare spending accounts for a significant chunk of global GDP and continues to rise due to factors like an aging population, the prevalence of chronic diseases, and growth in emerging markets.
Directed energy surgical systems come with significant costs due to advanced technology, equipment complexity, and the need for specialized training and maintenance. While they provide innovative solutions and better surgical outcomes, their hefty price tag can be a challenge for many healthcare facilities. Strict regulatory requirements for product approvals are also slowing down growth in the space. The directed energy based surgical systems market is poised for future growth due to the growing need for medical devices, which is driven by demand for advanced healthcare services, technological advancements, an increasing elderly population, higher healthcare spending, and greater awareness of early disease detection and treatment.
Published by Laxmi Narayan
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Stats ID: | 7885 |
Format: | Databook |
Published: | January 2025 |
Delivery: | Immediate |
Stats ID: | 7885 |
Format: | Databook |
Published: | January 2025 |
Delivery: | Immediate |
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