The global electrosurgical
devices market is expected to reach USD 7.2 billion in 2025, according
to a new report by Grand View Research, Inc. Shifting focus of surgeons from
conventional surgical procedures toward minimally invasive procedures, such as
electrosurgery, and growing competition amongst the participants have high
impact on the market’s growth. Entry of local companies in the developing
regions is expected to fuel the global market due to availability of affordable
equipment.
Electrosurgeries are preferred over conventional
procedures owing to advantages such as improved safety and ease of use. These
advantages enable the use of such surgeries in sensitive procedures such as
those related to neurology and ophthalmology. Electrosurgery is being used in
various disciplines, such as gynecology, urology, gastroenterology, and general
surgery. In addition, latest electrosurgical equipment enables the performance
of procedures outside the operating room. Thus, the demand for these equipment
is expected to rise in various disciplines during the forecast period. The
growth is expected to experience impediment due to factors such as lack of
skilled professionals and high price of the devices. Furthermore, most of the
electrosurgical devices are categorized as Class III devices, which take
considerably longer time for approval.
Browse full research report on Electrosurgical Devices Market: https://www.grandviewresearch.com/industry-analysis/electrosurgical-devices-market
Further
Key Findings From the Study Suggest:
- The study suggests that bipolar segment captured the largest share
in 2015 and is expected to dominate throughout the forecast period
- Growing preference for bipolar electrosurgical devices over
monopolar is a result of the advantages of the former, such as safe to
use, convenience, and affordable prices. Monopolar equipment is still
being used in minor surgeries and has the advantage of easy tissue cutting
over bipolar equipment.
- Active electrode segment captured the largest share in 2015 and is
expected to witness highest growth rate as compared to other products
- The introduction of innovative and technologically advanced
electrodes and growing trends of using disposable electrodes are the
factors driving the segment growth
- North America dominated in 2015, with the U.S. capturing the
largest share
- Presence of a large number of players and high adoption rate of
advanced medical devices are the factors driving growth in North America
- Few of the major companies operating in the market include ATMOS,
Inc.; Bovie Medical Corporation; Parkell, Inc.; Covidien plc; Olympus
Corporation; Ethicon, Inc; Boston Scientific; B. Braun Melsungen AG;
Kirwan Surgical Products, LLC; and Smith and Nephew.
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/medical-devices
Grand
View Research has segmented the electrosurgical device market on the basis of
method, product, and region:
Electrosurgical
Devices Method Outlook (Revenue, USD Million, 2014 - 2025)
- Monopolar
- Bipolar
Electrosurgical
Devices Product Outlook (Revenue, USD Million 2014 - 2025)
- Electrosurgical
Generators
- Active
Electrodes
- Dispersive
Electrodes
- Other
Accessories
Electrosurgical
Devices Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia Pacific
- China
- India
- Latin America
- Mexico
- Brazil
- MEA
- South Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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