Market Research Report
European Electrosurgical Devices Market
|Published by||Medtech Insight||Product code||253251|
|Published||Content info||204 Pages
Delivery time: 1-2 business days
|European Electrosurgical Devices Market|
|Published: September 30, 2012||Content info: 204 Pages||
Traditional electrosurgery involves the use of electric current to cut, cauterize, and ligate tissue and luminal structures using radiofrequency generators and instrumentation. Radiofrequency-based surgical products - including generators, instruments, accessories, and thermal ligature/vessel sealing systems - represent a half a billion-dollar market in the Top 5 most populous European countries of France, Germany, Italy, Spain and the United Kingdom, and are utilized in several million surgeries performed annually across a broad spectrum of surgical areas, including cardiovascular, general, obstetrics/gynecology, and orthopedic surgery, among others.
In 2011, the total electrosurgical devices market (in the selected) European countries was valued at nearly $480 million. Over the forecast period covered by this report, the value of this market is projected to grow at a compound annual rate of greater than 5.0%, increasing by more than $140.0 million in sales by the year 2016. While all segments are projected to maintain stable and moderate growth, the largest market segment - thermal ligature devices - is projected to increase at the highest compound annual rate due to strong demand, growing utilization, introduction of several new, next-generation devices, and the clinical and cost efficacy of electrothermal products.
Overall, despite the lingering effects of the economic recession in Europe, which has resulted in significant pricing pressure and reductions in capital expenditures, growth of the European electrosurgical devices market is expected to remain relatively stable throughout the forecast period due to an increase in non-elective/life-saving surgeries and the introduction and adoption of innovative, cost-efficient technologies. Electrosurgical instruments/accessories will continue contributing a substantial portion of total device sales due to the high utilization of single-use instruments and requirement for specialized instruments, such as arthroscopic probes and other specialized systems.
This dynamic report from Medtech Insight includes analyses of products, markets, competitors, and emerging drugs, technology and opportunities in Europe. Covered products in this report include selected traditional and specialized electrosurgical generator systems, handheld instruments/accessories, and thermal ligature systems, including several recently launched, next-generation electrosurgical products.
Reports are produced exclusively by Medtech Insight, through extensive primary and secondary research among the clinicians, researchers, and competitors in the marketplace, and draw upon the industry expertise of a network of industry insiders. Medtech Insight exhaustively corroborates the data as a baseline for completing forward-looking analysis and providing insight into product, technology and market evolution.