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Electrosurgical Devices And Equipment Market Is Set For A Potential Growth Worldwide 2020-30: Excellent Technology Trends And Business Developments
The Business Research Company offers " Electrosurgical Devices And Equipment Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global electrosurgical devices and equipment market is expected to decline from $2.9 billion in 2019 to $2.6 billion in 2020 at a compound annual growth rate (CAGR) of -9.4%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. Several medical facilities in affected countries have been completely closed or have been only providing minimal treatment for emergency cases. This is because the global public health organizations have recommended the medical facilities to postpone elective procedures, surgeries, and non-urgent visits, and to prioritize urgent and emergency visits and procedures in order to protect staff and preserve personal protective equipment and patient care supplies. This has decreased the demand for surgical equipment. Also, the production of surgical equipment also slowed down due to extended lockdown and closure of factories manufacturing the equipment. The market is then expected to recover and grow at a CAGR of 6.8% from 2021 and reach $3.8 billion in 2023.
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The electrosurgical devices market consists of sales of electrosurgical devices and related services. Electrosurgical devices include surgical generators and electrosurgical instruments. Surgical generators include radiofrequency, ultrasonic, electrocautery, and argon plasma equipment. Electrosurgical instruments include monopolar, bipolar and ultrasonic instruments. These devices deliver high frequency electrical currents and voltages through an active electrode. They are used for cutting, sealing, and coagulating tissue during a variety of open and laparoscopic surgical procedures.
Increasing prevalence rate of chronic diseases, contributed significantly to the growth of the electrosurgical devices and equipment market. The electrosurgical devices are used in the surgery of many life-threatening diseases such as skin cancer, small basal cell carcinomas, squamous cell carcinoma, wound surgery, skin surgery, non-cancerous moles, dentistry and others. There has been an increase in the number of skin diseases worldwide.
Electrosurgical Devices And Equipment Market Segmentation: -
By Product
1. Electrosurgery Generators
2. Electrosurgery Instruments & Accessories
3. Argon and Smoke Management Systems
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By End User
1. Hospitals
2. Specialized Clinics
3. Ambulatory Surgery Centers
Few Points From Table Of Content
1. Executive Summary
2. Electrosurgical Devices And Equipment Market Characteristics
3. Electrosurgical Devices And Equipment Market Size And Growth
4. Electrosurgical Devices And Equipment Market Segmentation
5. Electrosurgical Devices And Equipment Market Regional And Country Analysis
……
25. Electrosurgical Devices And Equipment Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Electrosurgical Devices And Equipment Market
27. Electrosurgical Devices And Equipment Market Trends And Strategies
28. Electrosurgical Devices And Equipment Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the electrosurgical devices and equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the electrosurgical devices and equipment market are Bovie Medical Corporation, Johnson & Johnson Private Limited, Boston Scientific, Stryker Corporation, ATMOS Inc., Heal Force Bio-meditech Holdings Limited, Erbe Elektromedizin GmbH, Bowa-Electronic Gmbh & Co.KG, Conmed Corporation , Ethicon
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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