Overview:

Electrosurgical techniques are used in a wide variety of medical fields, including neurology, urology, gynecology, general surgery, gastroenterology and others. High unmet demand for minimally invasive surgery offers tremendous room for development as electro surgery is used in most of the surgical procedures, such as coagulation, thermofusion, cutting, and devitalization.

Market Dynamics:

Growing demand for the electrosurgical devices owing to increasing minimal invasive surgeries across the globe is driving growth of the target market. Additionally, increasing geriatric population is expected to boost growth of the global market in the near future. For instance, according to the data published by World Health Organization, old age population will reach from 524 million in 2010 to approximately 2 billion by 2050. Further, technological advancement sin the field of healthcare, coupled with favorable reimbursement polies related to surgeries are some among the factors to augment growth of the target market in the near future. However, risks associated with the electrosurgical devices and the product recalls may restrain growth of the global market in the near future. 

Key Trends:

Key players operating in the global electrosurgical devicesmarket are mainly focusing on merger acquisition business growth strategies, innovation launches of the productsin order to strengthen position in the target market. For instance, in the January 2019, Medtronic announced acquisition of EPIX Therapeutics in order to expand its cardiac ablation portfolio.

Regional Analysis:

For detailed understanding of market dynamics, the global marketis analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North Americaregion is expected to account for the largest share in terms of revenue over the forecast year. The growth in this region is mainly attribute to availability of advanced healthcare infrastructure, technological advancements, favorable reimbursement policies, and increasing aging population in the countries of this region. The market in Asia Pacific is the expected to register significant CAGR during the forecast period, owing to growing numbers of minimal invasive surgeries in the countries such as India, Japan, and China of the region.

Scope of the Report:

Detailed Segmentation:

Global Electrosurgical Devices Market, By Product type

• Еlесtrо ѕurgеrу Gеnеrаtоrѕ
• Еlесtrо ѕurgеrу Іnѕtrumеntѕ
• Еlесtrо ѕurgеrу Ассеѕѕоrіеѕ
• Аrgоn аnd Ѕmоkе Маnаgеmеnt Ѕуѕtеmѕ

Global Electrosurgical Devices Market, By Technique type

• Моnороlаr Еlесtrо ѕurgеrу
• Віроlаr Еlесtrо ѕurgеrу

Global Electrosurgical Devices Market, By Application

• General Surgery
• Cosmetic Surgery
• Orthopedic Surgery
• Gynecology Surgery
• Urologic Surgery
• Cardiovascular Surgery

Global Electrosurgical Devices Market, By End user

• Ноѕріtаlѕ
• Аmbulаtоrу Ѕurgісаl Сеntеrѕ
• Ѕресіаltу Сlіnісѕ

Key Players Covered:           

Key players operating in the market includesАрух Меdісаl Соrр, Воѕtоn Ѕсіеntіfіс Соrроrаtіоn, Вrаun Меlѕungеn АG, Ѕmіth & Nерhеw рlс, Utаh Меdісаl Рrоduсtѕ, Іnс, СОNМЕD Соrр, Јоhnѕоn & Јоhnѕоn (Меgаdуnе Меdісаl Рrоduсtѕ, Іnс.), Меdtrоnіс рlс, Оlуmрuѕ Соrроrаtіоn, and Каrl Lеіbіngеr GmbН & Со. КG

Key features of the study:

Foresight Market Research provides detailed analysis on global market in our report- Global Electrosurgical Devices Market by product type, technique type, application, end user, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.