Middle East and Africa Orthopedic Surgical Energy Devices Market, By Product (Handpieces and Accessories), Technology (Radiation, Radiofrequency, Ultrasound, Microwave, Others), Application (Hip, Knee), End User (Hospital & Clinic, Ambulatory Surgical Centers (ASCs) and Others), Distribution Channel (Direct Tender, Third Party Distributors), Country (South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights: Middle East and Africa Orthopedic Surgical Energy Devices Market
Middle East and Africa 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 5.7% in the forecast period of 2022 to 2029 and is expected to reach USD 41.58 million by 2029 from USD 26.15 million in 2021. The rise in incidence in of trauma and injury cases and rising prevalence of geriatric population 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.
The types of orthopedic surgical energy devices are handpieces and accessories. The orthopedic handpieces are used by doctors of the orthopedics department, to create holes in bones. There common reasons for drilling bones in surgery are fixing implants and fitting prosthetic devices. The bone drill is sometimes referred to as a saw and certain types can also be used manually although this is less common at the present time. The orthopedic accessories assist in support and protection to injuries and sources of pain in the body.
- In this mode of treatment, the orthopedic surgical energy devices are engineered, to provide less pain after surgery for other factors which give the orthopedic surgical energy devices, an edge over other existing surgical energy devices. The technological developments, aim to reduce the invasive pain caused during the bone surgery. The orthopedic surgical energy devices are applied for vital surgeries such as hip replacement, total hip arthroplasty, knee replacement and total knee replacement.
The driving factors responsible for the growth of the Middle East and Africa orthopedic surgical energy devices market are the rise in the number of orthopedic surgeries, rise in geriatric population, technological advancements in the orthopedic surgical devices, and rise in incidence of sports and trauma injuries. However, the factors which are expected to restrain the market are the high cost associated with the orthopedic surgical energy devices, and lack skilled professional. Moreover, the strategic initiatives by market players and the rise in healthcare expenditure will drive the orthopedic surgical energy devices growth.
The orthopedic surgical energy devices market report provides details of market share, new developments, and impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Middle East and Africa Orthopedic Surgical Energy Devices Market Scope and Market Size
Middle East and Africa orthopedic surgical energy devices market is segmented on the basis of product, technology, application, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
The Middle East and Africa orthopedic surgical energy devices market is categorized into five segments based on product, technology, application, end-user, and distribution channel.
- On the basis of product, the Middle East and Africa orthopedic surgical energy devices market is segmented into handpieces and accessories. In 2022, the handpieces segment is expected to dominate the Middle East and Africa orthopedic surgical energy devices market due to the ease of use and advantages over conventional handpieces will drive the market.
- On the basis of technology, the Middle East and Africa 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 Middle East and Africa orthopedic surgical energy devices market, since it is a minimally invasive procedure and safe.
- On the basis of application, the Middle East and Africa orthopedic surgical energy devices market is segmented into hip, knee, and others. In 2022, the knee segment is expected to dominate the Middle East and Africa orthopedic surgical energy devices market due to the rise in knee replacement surgeries in the region with an increase in geriatric population and knee injuries.
- On the basis of end user, the Middle East and Africa 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 Middle East and Africa orthopedic surgical energy devices market as mority of the surgies take place at hospitals and orthopedic clinics.
- On the basis of distribution channel, the Middle East and Africa 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 Middle East and Africa orthopedic surgical energy devices market as prices are reasonable when goods are purchased directly from the manufacturers.
Middle East and Africa Orthopedic Surgical Energy Devices Market Country Level Analysis
The Middle East and Africa, 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 Middle East and Africa orthopedic surgical energy devices market report are the South Africa, Saudi Arabia, UAE, Egypt, Israel and Rest of Middle East and Africa.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
The growth potential for orthopedic surgical energy devices in emerging economies and the strategic initiatives by market players are creating new opportunities in the Middle East and Africa orthopedic surgical energy devices market
Middle East and Africa orthopedic surgical energy devices market also provide you with detailed market analysis for every country growth in particular industry with medical device outsourcing sales, the impact of advancement in the medical device outsourcing, and changes in regulatory scenarios with their support for the medical device outsourcing market. The data is available for the historic period 2019 to 2020.
Competitive Landscape and Middle East and Africa Orthopedic Surgical Energy Devices Market Share Analysis
Middle East and Africa orthopedic surgical energy devices market competitive landscape provides details by competitor. 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 major companies providing the global orthopedic surgical energy devices are Medtronic, Stryker, CONMED Corporation, KARL STORZ, Smith & Nephew, Auxein Medical, MatOrtho Limited, Zimmer Biomet, B. Braun Melsungen AG, boston Scientific Corporation, Soring GmbH, Apothecaries Sundries Mfg. Co., Nouvag AG, De Soutter Medical, Misonix (Bioventus, Inc), Olympus Corporation, DePuy Synthes (Johnson and Johnson, Inc.), Portescap, among others.
DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
The strategic initiatives by market players and new technological advancements for Middle East and Africa orthopedic surgical energy devices are smoothing the surgical process of orthopedic surgeries.
For instance,
- In September 2021, Stryker launched a novel technology known as the resorbable technology in the Citrelock tendon fixation device system. The resorbable technology consists of unique chemical and mechanical properties, which degrade safely within the body system. Stryker presented the Citrelock tendon fixation device system, at the American Orthopedic Foot & Ankle Society (AOFAS) annual meeting. The initiation of new technology would result in an extension of the orthopedics and the biomaterial portfolio, and would be used in the tauma & Extremities indications in the coming years.
Collaboration, joint ventures and other strategies by the market player is enhancing the company market in the Middle East and Africa Rapid Diagnostic Test Market which also provides the benefit for organisation to improve their offering for treatment Products.
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