Press release
Energy-based Therapeutics Market by Company, Regions, Type and Application, Forecast to 2023-2028
IMARC Group's latest report, titled "Energy-Based Therapeutics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global energy-based therapeutics market size reached US$ 7.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.3 Billion by 2028, exhibiting a growth rate (CAGR) of 6.05% during 2023-2028.Energy-based therapeutics refer to the process of destruction or modifications of tissues via the use of advanced technologies, including microwave, ultrasound, radiofrequency, etc. Based on the clinical applications, they are widely categorized into general surgeries for gynecology and lithotripsy, ophthalmic surgeries for glaucoma and cataract treatment, aesthetic surgeries for reducing acne and pigmentation, etc. These therapeutics can be both invasive and non-invasive and are gaining extensive traction among individuals across the globe.
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Energy-Based Therapeutics Market Demand:
The rising demand for packaged and labeled edibles is among the key factors stimulating the food and beverages (F&B) coding and marking equipment market. Moreover, the inflating consumer disposable income levels are acting as significant growth-inducing factors. Besides this, the widespread adoption of food and beverages (F&B) coding and marking equipment by leading manufacturers to track habits of individuals for creating tailored marketing programs is positively influencing the global market. Furthermore, the increasing instances of counterfeit products are augmenting the need for product differentiation and brand protection, which is also propelling the market growth.
Apart from this, the implementation of stringent regulations by government bodies across various countries mandating F&B manufacturers to print detailed information on the packaging of items is further catalyzing the global market. Additionally, the development of new devices by key market players that recycle unused ink to reduce waste and production costs and have lower replacement requirements to minimize downtime is anticipated to fuel the food and beverages (F&B) coding and marking equipment market over the forecasted period.
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Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players being
• Johnson & Johnson
• Lumenis
• Syneron Medical
• Abbott Medical Optics
• Alcon
• Alna Medical System
• Angiodynamics
• Atricure
• Biolase
Key Market Segmentation:
Breakup by Technology Type:
• Laser Based
• Light Based
• Radiofrequency Based
• Ultrasound Based
• Thermal
• Others
Breakup by Clinical Application:
• Aesthetic
• Surgical
• Ophthalmic
Breakup by End-User:
• Hospital
• Clinics
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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IMARC Group
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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