Electrosurgical Instruments/Equipment Market Rank and Trend Report 2018-2025: B. Braun Group, Medtronic, Bovie Medical Corporation, Olympus Corporation of the Americas

The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

The global electrosurgical instruments market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Global Electrosurgical Instruments Market accounted for USD 2,608.73 million in 2017 and is projected to grow at a CAGR of 8.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

It is used in various surgeries such as cardiovascular, neurosurgery, cosmetic, general and others. According to World Population Ageing, the number of older people generally having age of 60 years or more is expected to increase from 841 million in 2013 to more than 2 billion in 2050 and According to a data published in the Partnership to fight disease, 133 million Americans, 45.0% of the total population is suffering from at least one chronic disease.

Thus, expanding geriatric population is more prone towards the diseases as well as increasing prevalence of chronic diseases which need electrosurgical instruments for the treatment of such diseases, ultimately leads to the growth of the electrosurgical instruments market.

Global electrosurgical instruments 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.

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Major Market Drivers and Restraints:

• Technological advancements in electrosurgical instrument
• Increasing demand for customized as well as innovative electrosurgical instruments and accessories
• Growing prevalence of chronic diseases and rise in the geriatric population
• Stringent rules and regulations during product approval
• Higher chances of side effects

Report Overview:

• Based on technology, the global electrosurgical instruments market is segmented into radio frequency, ultrasonic, molecular resonance.
• On the basis of product, the global electrosurgical instruments market is segmented into bipolar electrosurgical instruments and monopolar electrosurgical instruments. Bipolar electrosurgical instruments are sub segmented into bipolar forceps and advanced vessel sealing instruments. Monopolar electrosurgical instruments are sub segmented into electrosurgical electrodes, suction coagulators, electrosurgical pencils and monopolar forceps.
• On the basis of accessories, the global electrosurgical instruments market is segmented into patient return electrodes, cords, cables, adapters and others. Others type of accessories include carts, foot switches and tip cleaners.
• On the basis of surgery type, the global electrosurgical instruments market is segmented into gynecological, cardiovascular, neurosurgery, urologic, cosmetic¸ orthopedic and general surgery.

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