Energy-Based Medical Devices Market

Energy-based medical devices allow accurate application of energy to a specific surgical site, which in turn provides enhanced control over the surgery.  These devices are used across various therapeutic areas like aesthetics, cardiovascular, gynecology, orthopedics, urology, etc.  Minimally invasive surgical procedures are becoming increasingly popular with surgeons and are also the preferred choice of surgery for patients. As a result, the market has witnessed rapid growth & tremendous technological advancements with respect to medical devices used in this sector. These energy-based devices are of various types depending upon the form of energy that they harness, including ultrasonic, cryogenic, electrical, light, mechanical, etc. Global Energy-Based Medical Devices Market was valued at around $25 billion in 2008, which made up for about 14% of the total medical devices market. Growing at a CAGR of about 11%, this sector presents a high growth potential for medical device manufacturers.