Market Research Report
Electrosurgical Devices - Global Market Outlook (2018-2027)
|Published by||Stratistics Market Research Consulting||Product code||939116|
|Published||Content info||124 Pages
Delivery time: 2-3 business days
|Electrosurgical Devices - Global Market Outlook (2018-2027)|
|Published: May 1, 2020||Content info: 124 Pages||
According to Stratistics MRC, the Global Electrosurgical Devices Market is accounted for $4,813.37 million in 2018 and is expected to reach $10,113.88 million by 2027 growing at a CAGR of 8.6% during the forecast period. High number of surgical procedures globally and growing demand for advanced and reliable techniques for treating patients are the major factors propelling the market growth. However, stringent government regulations for product approval is hampering the market growth.
Electrosurgical devices are used in surgeries such as cardiovascular surgery, gynecology surgery, general surgery, and others. These devices apply electric current for the thermal destruction of the focused tissues. Electrosurgical devices are utilized in surgical procedures to cut, coagulate, desiccate, and fulgurate the tissues. These devices are utilized in conjunction with specialized instruments.
Based on the type, the active electrodes segment is going to have a lucrative growth during the forecast period as these electrodes are an essential part in surgeries and a wide variety of these electrodes is obtainable and are utilized based on particular variables. By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to high-paced economic advancements, growing foreign direct investments, and rising awareness about advanced and minimally invasive surgical techniques.
Some of the key players profiled in the Electrosurgical Devices Market include Olympus Corporation, Medtronic Plc., Bovie Medical Corporation, Erbe Elektromedizin GmbH, BOWA-electronic GmbH & Co. KG, Johnson & Johnson (Ethicon US, LLC.), CONMED Corporation, B. Braun Melsungen AG, Smith & Nephew Plc. And Boston Scientific Corporation.
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Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.