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Electrosurgery Devices Market Expected to Reach $3,784 million by 2025

06-30-2022 03:28 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Electrosurgery Devices Market

Electrosurgery Devices Market

Electrosurgery devices are widely used in various surgeries such as neurosurgery; general surgery; and orthopedic surgeries. These devices are employed to cut, coagulate, dissect, fulgurate, ablate, and shrink tissues during a surgical procedure. Electrosurgery devices such as probes, electrodes, coagulators, and other devices use high-frequency alternating current to carry out their respective functions.

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The key players profiled in the report include B. Braun Melsungen AG (Germany), Bovie Medical Corporation (U.S.), Megadyne Medical Products Inc. (U.S.), CONMED Corporation (U.S.), Medtronic plc. (Ireland), Johnson & Johnson (U.S.), ERBE Elektromedizin GmbH (Germany), KLS Martin Group (Germany), Olympus Corporation (Japan), and Utah Medical Products, Inc. (U.S.).

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๐Š๐„๐˜ ๐…๐ˆ๐๐ƒ๐ˆ๐๐†๐’ ๐Ž๐… ๐“๐‡๐„ ๐’๐“๐”๐ƒ๐˜
The electrosurgical instruments & accessories segment accounted for more than two-fifths share of the global electrosurgery devices market in 2017.

The orthopedic surgery segment is expected to grow at the highest CAGR from 2017 to 2025.

The general surgery segment accounted for around one-fifth share of the global electrosurgery devices market in 2017.

Europe accounted for around one-third share of the global market in 2017.

LAMEA is expected to provide lucrative growth opportunities for the market from 2017 to 2025.

๐…๐จ๐ซ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/1935

The major factors that drive the growth of this market include increase in the number of surgical procedures, rise in geriatric population, and technological advancements. However, implementation of stringent FDA rules for product approval is anticipated to restrain the market growth during the forecast period.

The electrosurgical instruments & accessories segment accounted for the largest share in 2017 and is expected to grow at CAGR of 5.6% from 2018 to 2025. This is attributed to surge in adoption and demand for electrosurgical devices in various surgeries and rise in number of surgical procedures.

Based on application, the general surgery segment held the largest market share in 2017 due to high adoption rate of electrosurgical devices. The orthopedic surgery segment is expected to grow at the fastest CAGR of 5.9% owing to increase geriatric population.

Based on region, the North America region occupied the largest share in 2017 and is expected to provide lucrative market opportunities during the forecast period

David Correa
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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