Global Electrosurgery Market, By Product Type (Electrosurgical Instruments, Electrosurgical Generators, Electrosurgical Accessories, Smoke Evacuation Systems), Surgery Type (General Surgery, Gynecological Surgery, Urologic Surgery, Orthopedic Surgery, Cardiovascular Surgery, Cosmetic Surgery, Neurosurgery, Others), End User (Hospitals, Clinics, and Ablation Centers, Ambulatory Surgical Centers, Research Laboratories and Academic Institutes), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Electrosurgery market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 5.05% in the above-mentioned forecast period. Rise in the number of minimally invasive surgeries drives the electrosurgery market.
Electrosurgery is defined as a term which is used to describe multiple modalities that use electricity to cause thermal destruction of tissue through dehydration, coagulation, or vaporization. The two types of electrosurgery most commonly used are electrocautery and high-frequency electrosurgery.
Rise in the easy electrosurgery procedures and numerous applications and technological advancements is the vital factor escalating the market growth, also rise in the number of medical, cosmetic and age related surgeries and rise in the adoption rate of the market are the major factors among others driving the electrosurgery market. Moreover, rise in the preferences towards electrosurgery over conventional surgical techniques and rise in the electrosurgical procedures will further create new opportunities for electrosurgery market in the forecasted period of 2021-2028.
However, stiff competition amongst market players is the major factor among others which will obstruct the market growth, and will further challenge the growth of electrosurgery market in the forecast period mentioned above.
Electrosurgery market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on electrosurgery market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Electrosurgery Market Scope and Market Size
Electrosurgery market is segmented on the basis of product type, surgery type and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Based on product type, the electrosurgery market is segmented into electrosurgical instruments, electrosurgical generators, electrosurgical accessories and smoke evacuation systems. Electrosurgical instruments have further been segmented into bipolar electrosurgical instruments and monopolar electrosurgical instruments. Bipolar electrosurgical instruments are further sub-segmented into advanced vessel sealing instruments and bipolar forceps. Monopolar electrosurgical instruments further sub-segmented into electrosurgical pencils, electrosurgical electrodes, suction coagulators and monopolar forceps. Electrosurgical accessories have further been segmented into patient return electrodes, cords, cables, and adapters and others.
- The surgery type segment of the electrosurgery market is segmented into general surgery, gynaecological surgery, urologic surgery, orthopaedic surgery, cardiovascular surgery, cosmetic surgery, neurosurgery and others.
- On the basis of end-user, the electrosurgery market is segmented into hospitals, clinics, and ablation centres, ambulatory surgical centres and research laboratories and academic institutes.
Electrosurgery Market Country Level Analysis
Electrosurgery market is analysed and market size insights and trends are provided by country, product type, surgery type and end-user as referenced above.
The countries covered in the electrosurgery market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the electrosurgery market due to the strong presence of a large number of players and high level of competition in the region in the region. Asia-Pacific is the expected region in terms of growth in electrosurgery market due to rise in the patient population, growing demand for minimally invasive surgeries, development in healthcare systems, and rise in the research activities in this particular region.
The country section of the electrosurgery market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Electrosurgery market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for electrosurgery market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the electrosurgery market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Electrosurgery Market Share Analysis
Electrosurgery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to electrosurgery market.
The major players covered in the electrosurgery market report are BOWA-electronic GmbH & Co. KG, Prima Medical, XCELLANCE Medical Technologies, ATMOS MedizinTechnik GmbH & Co. KG, Ethicon US, LLC., Johnson & Johnson Services, Inc., Parkell, Inc., Smith + Nephew, Kirwan Surgical Products, LLC., Utah Medical Products, Inc., KLS Martin Group, Medtronic, Zimmer Biomet, Erbe Elektromedizin GmbH, SYMMETRY SURGICAL INC, CONMED Corporation, Hologic, Inc., Applied Medical Resources Corporation, B. Braun Melsungen AG and Olympus Corporation among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Electrosurgery Market
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