Global Electrosurgery Market Product (Electrosurgical Generators, Electrosurgical Instruments, Electrosurgical Accessories, Argon and Smoke Management Systems), Surgery (Gynecological Surgeries, Cosmetic Surgeries, Orthopedic Surgeries, General Surgeries, Neurosurgeries, Others), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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Global Electrosurgery Market accounted to USD 4.30 billion in 2016 growing at a CAGR of 4.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Market Definition: Global Electrosurgery Market
Electrosurgery uses high frequency electric current for the cutting of tissues during surgery with maximum accuracy and least blood loss and injury to connecting tissues. For the purpose of producing high frequency electric current electrosurgery generators are used.
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Electrosurgical procedures are used in a wide range of medical fields which includes urology, gynecology, gastroenterology, pneumology, abdominal surgery, general surgery, and others.
Major Market Drivers and Restraints:
- Increasing Number Of Minimally Invasive Surgeries
- Rising Amount of Age-Related Surgeries
- Technological Advancements
- Stringent U.S. Regulations For Electrosurgical Devices
- Growing Rating Pressure On Players
- High Competition In The Market
The global electrosurgery market is segmented on the basis of type, application, and geography.
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On the basis of type the global electrosurgery market is segmented into electrosurgical generators, electrosurgical instruments, which is again bifurcated into bipolar electrosurgical instruments and monopolar electrosurgical instruments. Bipolar electrosurgical instruments are further segmented into advanced vessel sealing instruments, and bipolar forceps.
Monopolar electrosurgical instruments are divided into suction coagulators, electrosurgical pencils, electrosurgical electrodes, and monopolar forceps. Electrosurgical accessories are bifurcated into patient return electrodes or dispersive electrodes, cables, cords, & adapters and Others (Foot Switches, Carts, and Tip Cleaners), Argon & smoke management systems.
The market is also segmented on the basis of surgery the global electrosurgery market is segmented into gynecological surgeries, cosmetic surgeries, orthopedic surgeries, general surgeries, neurosurgeries, and others.
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On the basis of geography, global electrosurgery market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
In 2017, North America is expected to dominate the market.
The Global Electrosurgery Market Report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.
Some of the major players operating in global electrosurgery market are Olympus Corporation, Medtronic PLC, B. Braun Melsungen AG, Applied Medical Resources Corporation, Ellman International, Inc., Conmed Corporation, Bovie Medical Corporation, Erbe Elektromedizin GmbH, Johnson & Johnson, Covidien plc, KLC Martin Group, Utah Medical Products, Inc., Kirwan Surgical Products, Smith and Nephew, Parkell, Inc., Megadyne Medical Products, Inc., ATMOS, Inc., XcelLance Medical Technologies Pvt. Ltd., Prima Medical, Bowa-Electronic GmbH & Co. Kg among others
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