Global Electrosurgical Devices Market 2016: Cardiac Surgeries, Plastic Surgeries, Ocular Surgeries

Electro surgeries, which are known and preferred for their less invasiveness, faster recovery, and low risk, are mainly dependent on various Electrosurgical devices for its efficiency. Recently, with the development of technology, many new types of electrosurgical devices have been introduced in the market. The increasing demand of minimally invasive techniques, increasing geriatric populations and rapidly increasing adoption rate in developing regions are the key factors, which would drive the growth of electrosurgical devices market during the analysis period. Furthermore, the shift of trend from traditional surgeries to minimally invasive surgeries has increased the demand for minimally invasive devices. Factors restraining the market growth are high initial setup cost and presence of stringent regulatory environment.

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The global electrosurgical devices market, is segmented on the basis of Product type, Application and Geography. The product types considered, in this report include Electrosurgical Generators, Electrosurgical Instruments, Electrosurgical Accessories and Argon and Smoke Management Systems. Electrosurgical instruments, are further classified into Monopolar and Bipolar types.

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Based on applications, the global electrosurgical devices market is classified into dermatological, gynecological, cardiac, plastic, ocular, spine, ENT, maxillofacial, orthopedic, urological and other types. The applications segment is further sub-segmented on the basis of product type for cross sectional analysis. Geographically, the report is segmented into four regions namely North America, Europe, Asia Pacific and LAMEA. Few strategies adopted by major market players are expansion of R&D facilities, collaborations and acquisitions over last three years.

In 2014, Medtronic acquired Covidien for USD 42.9 billion, this acquisition, enabled Medtronic to emerge as a global leader in electrosurgical devices market. The companies profiled in this report are Medtronic, ERBE Elektromedizin GmbH,Bovie Medical Corporation, KLS Martin Group, WEM Electronic Equipment Ltd, Olympus Corporation,CONMED Corporation, B. Braun Melsungen AG, Ethicon Inc and BOWA-electronic GmbH Co. KG.

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