The global Electrosurgical Devices Market will be worth USD 7.62 Billion by 2027, according to a current analysis by Emergen Research. The increase in funding of the government in order to establish innovative technologies and to improve the healthcare infrastructure is most likely to present lucrative opportunities for the market players over the forecast period. The growing number of cosmetic surgeries due to the rising investments in aesthetic procedures are projected to drive the demand for the devices. Growing awareness among the population about the advanced surgical procedure presents growth opportunities for the market players.
The latest research report is a prototype of the Electrosurgical Devices industry, serving as a valuable source of data and information pertinent to the global Electrosurgical Devices market. The report offers a succinct analysis of the value chain and the distribution channels of the global market and identifies an extensive array of business strategies that the industry professionals use to scale up their business growth. The report lays stress on the global market scope and the key application areas, besides covering numerous industry aspects, including the current industry trends, up-to-date outlines, growth potential, and market restraints.
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Key Highlights From The Report
- In June 2020, Boston Scientific announced the launch of the DIRECTSENSE™ technology. The technology is a tool for monitoring the effect of radiofrequency (RF) energy delivery during cardiac ablation procedures.
- Bipolar held the largest market share of 61.5% in the year 2019 due to the wide application of the bipolar segment in the cases related to neurosurgery or otolaryngology.
- The Active Electrodes is forecasted to grow with the fastest CAGR of 6.4% over the forecast period due to the increasing technological advancement of the active electrodes.
- General surgery accounted for the largest market share of the electrosurgical devices market in 2019 due to the increase in demand for minimally invasive surgeries.
- Key participants include Olympus Corporation, Covidien PLC, Boston Scientific, Ethicon, Inc., B. Braun Melsungen AG, Bovie Medical Corporation, Smith and Nephew, Medtronic PLC, Johnson & Johnson, and Conmed Corporation, among others.
Emergen Research has segmented the global Electrosurgical Devices Market on the basis of Method, Product, Surgery Type, and region:
- Method Outlook (Revenue, USD Billion; 2017-2027)
- Product Outlook (Revenue, USD Billion; 2017-2027)
- Active electrodes
- Electrosurgical Generators
- Dispersive Electrodes
- Electrosurgical Instruments and Accessories
- Surgery Type Outlook (Revenue, USD Billion; 2017-2027)
- General surgery
Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Reasons to Buy This Report:
- The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
- It entails a detailed inspection of the Electrosurgical Devices market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
- The report provides the reader with a deep understanding of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and powerful business tactics.
- Furthermore, the report identifies the key regions and segments that influence the Electrosurgical Devices market.
Table Of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Electrosurgical Devices Market Segmentation & Impact Analysis
4.1. Electrosurgical Devices Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
188.8.131.52. Increased use of minimally invasive surgeries
184.108.40.206. Rising incidence of chronic disease
220.127.116.11. Growing geriatric population
18.104.22.168. Technological advancements in Electrosurgical Devices
4.2.3. Market restraints analysis
22.214.171.124. Lack of skilled Professional in the field
126.96.36.199. Stringent regulatory frameworks regarding the approval
188.8.131.52. Increasing number of product recalls
184.108.40.206. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Electrosurgical Devices Market By Method Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Method Dynamics & Market Share, 2019 & 2027
Chapter 6. Electrosurgical Devices Market By Product Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
6.1. Product Dynamics & Market Share, 2019 & 2027
6.1.1. Active electrodes
6.1.2. Electrosurgical Generators
6.1.3. Dispersive Electrodes
6.1.4. Electrosurgical Instruments and Accessories
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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