San Francisco, 15 January, Electrosurgical
Devices Market Analysis By Method (Monopolar, Bipolar), By Product
(Electrosurgical Generators, Active Electrodes, Dispersive Electrodes, Other Accessories),
And Segment Forecasts, 2018 - 2025
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.
Access Full Research
Report On Electrosurgical Devices Market Analysis:
www.grandviewresearch.com/industry-analysis/electrosurgical-devices-market
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 At: 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
o
U.S.
o
Canada
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
China
o
India
·
Latin America
o
Mexico
o
Brazil
·
MEA
o
South Africa
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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.
For more information: www.grandviewresearch.com/
