Press release
Electrosurgical Devices Market to 2025 | Top Key Players are Olympus Corporation, Medtronic, Ethicon US, LLC. Boston Scientific Corporation, B. Braun Melsungen AG, CONMED Corporation, Erbe Elektromedizin GmbH
The global electrosurgical devices market is expected to reach US$ 8,000.9 Mn in 2025 from US$ 4,828.4 Mn in 2017. The electrosurgical devices market is estimated to grow with a CAGR of 6.8% from 2018-2025.Electrosurgical devices market is segmented by product and application. Global electrosurgical devices market, based on the product was segmented into electrosurgical generators, active electrodes, dispersive electrodes and other products. The electrosurgical devices market, based on application was segmented into general surgery, gynecology, urology, gastroenterology, arthroscopy and others.
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The objective of the study is to describe, define, and forecast the electrosurgical devices market by product, application and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall market.
Leading Electrosurgical Devices Market Players:
1. Olympus Corporation
2. Medtronic
3. Ethicon US, LLC
4. Boston Scientific Corporation
5. B. Braun Melsungen AG
6. CONMED Corporation
7. Erbe Elektromedizin GmbH
8. Kirwan Surgical Products, LLC
9. BOVIE MEDICAL
10. Parkell, Inc.
Electrosurgery is the use of high-frequency (radio frequency) that alternates the polarity, electrical current into biological tissue for cutting, coagulating, desiccating, or fulgurating tissues. Electrosurgical devices are majorly used in surgical operations which helps to prevent blood loss in the hospital operating rooms or in outpatient procedures. The report would be of an interest to various stakeholders operating in the electrosurgical devices market. These stakeholders include hospitals, medical device suppliers, research institutes, diagnostic centers, academic institutes, equipment manufacturers, market research and consulting firms.
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The report analyzes factors affecting electrosurgical devices market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions. The report also includes the profiles of key electrosurgical devices manufacturing companies along with their SWOT analysis and market strategies.
The major players operating in the electrosurgical devices market include Olympus Corporation, Medtronic, Ethicon US, LLC. Boston Scientific Corporation, B. Braun Melsungen AG, CONMED Corporation, Erbe Elektromedizin GmbH, Kirwan Surgical Products, LLC, BOVIE MEDICAL, and Parkell, Inc. For instance, in April 2018, Boston Scientific acquired nVision Medical Corporation, a privately-held company focused on women's health. The acquisition was aimed at providing better solutions for women health. And the acquisition expanded the geographical presence of the company in global electrosurgical devices market.
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Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Electrosurgical Devices Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Electrosurgical Devices Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Table of Contents:
1. INTRODUCTION 18
1.1 SCOPE OF THE STUDY 18
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 18
2. GLOBAL ELECTROSURGICAL DEVICES MARKET – KEY TAKEAWAYS 19
3. GLOBAL ELECTROSURGICAL DEVICES MARKET – MARKET LANDSCAPE 21
3.1 OVERVIEW 21
3.2 MARKET SEGMENTATION 21
3.2.1 Global Electrosurgical Devices Market – By Product 22
3.2.2 Global Electrosurgical Devices Market – By Application 22
3.2.3 Global Electrosurgical Devices Market – By Geography 23
3.3 PEST ANALYSIS 24
3.3.1 North America – PEST Analysis 24
3.3.2 Europe– PEST Analysis 26
3.3.3 Asia Pacific– PEST Analysis 28
3.3.4 Middle East and Africa – PEST Analysis 30
3.3.5 South and Central America – PEST Analysis 32
4. GLOBAL ELECTROSURGICAL DEVICES MARKET – KEY MARKET DYNAMICS 34
4.1 KEY MARKET DRIVERS 34
4.1.1 Rising Demand of Minimally Invasive Surgeries 34
4.1.2 Increase in the Number of Surgical Procedures 35
4.1.3 Growing Geriatric Population & Associated Rise in Chronic Diseases 36
4.2 KEY MARKET RESTRAINTS 37
4.2.1 Risk Factors Associated with Electrosurgical Devices 37
4.2.2 Numerous Product Recalls 37
4.3 KEY MARKET OPPORTUNITIES 38
4.3.1 Emphasis for Medical Tourism 38
4.3.2 Development in the Healthcare Market 39
4.4 FUTURE TRENDS 40
4.4.1 Development of Argon Plasma Coagulation (APC) 40
4.5 IMPACT ANALYSIS 41
5. GLOBAL ELECTROSURGICAL DEVICES MARKET – GLOBAL ANALYSIS 42
5.1 GLOBAL ELECTROSURGICAL DEVICES MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN) 42
5.2 GLOBAL ELECTROSURGICAL DEVICES MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS (US$ MN) 43
5.3 PERFORMANCE OF KEY PLAYERS 44
5.3.1 Medtronic 44
5.3.2 Olympus Corporation 44
5.4 EXPERT OPINIONS 45
Complete Report is Available at: http://bit.ly/2EopggV
About Us:
The Insight Partners is a one top industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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Email: sales@theinsightpartners.com
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