The Global Electrosurgery Devices Market accounted to USD 4.3 billion in 2016 growing at a CAGR of 3.5% during the forecast period of 2017 to 2024.
The Electrosurgery Devices Market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Electrosurgery is the application of high frequency elsectric current to biological tissues through coagulation, dehydration or vaporization. These techniques are commonly used for the treatment of hemostasis, rhinophyma excision, malignant skin conditions such as acrochordons, basal cell carcinoma.
Global Electrosurgery Market By Product Type (Electrosurgical Generators, Active Electrodes, Dispersive Electrodes, Other Accessories), By Procedure (Monopolar, Bipolar), By Surgery (Orthopedic, Cosmetic, Gynecology), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)- Industry Trends and Forecast to 2024
Major market drivers and restraints:
- Growing number of medical, aesthetic and plastic surgeries
- Rising demand for minimally invasive surgeries
- Technological developments
- Increasing number of ambulatory surgery centers
- Product recalls
By product type the electrosurgery devices market is segmented into electrosurgical generators, active electrodes, and dispersive electrodes.
By procedure the segmentation of the market is monopolar, bipolar. Based ontypes of surgeriesthe electrosurgery market is segmented into Orthopedic, Cosmetic, Gynecology
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Based on geography, the market is segmented into five geographical regions:
- North America
- South America
- Middle East and Africa(MEA)
The Electrosurgery Devices Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Some of the major players operating in Electrosurgery Devices Market are:
- Covidien plc (Medtronic),
- Ethicon, Inc.
- Johnson & Johnson
- Olympus Corporation
- CONMED Corporation
- ErbeElektromedizin GmbH
- Bovie Medical Corporation
- Braun Melsungen AG
- BOWA-electronic GmbH & Co. KG
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models.
market share analysis and key trend analysis are the major success factors in the market report. To know more please request anan drop down your enquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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