The latest market report published by Credence Research, Inc. “Global Electrosurgical Devices Market– Growth, Future Prospects, Competitive Analysis and Pipeline Analysis, 2017 – 2025,” the global electrosurgical devices market was valued at US$ 4.18 Bn in 2016, and is expected to reach US$ 7.46 Bn by 2025 expanding at a CAGR of 6.4 % from 2017 to 2025.
Browse the full report Global Electrosurgical Devices Market – Growth, Future Prospects, Competitive Analysis, and Pipeline Analysis 2017 – 2025 at http://www.credenceresearch.com/report/electrosurgical-devices-market
The preference to electrosurgery over conventional surgery is due to factors such as low risk to patient, faster recovery time, minimal chances of infection, and the ease of performing the surgeries. Electrosurgical devices are further segmented into product (electrosurgical generators, electrosurgical instrument and accessories, argon and smoke management system), and applications (cardiovascular surgery, oncology surgery, orthopedic surgery, cosmetic surgery, neurology surgery). The electrosurgical instrument and accessories is leading the product segment due to enhanced safety and ease of use, lesser thermal damage to tissues, better and clean electromyographic signals and its application to perform sensitive surgeries like neurology, ophthalmology and otolaryngology etc. The electrosurgical generators is gaining momentum as it is suitable for both bipolar and monopolar electrodes, supplies current in surgeries performed in liquid state and self-controlled by innovative operating software. Cardiovascular surgery leads the application segment due to rise in cardiovascular complications which propels the need for minimally invasive surgeries, early recovery period and no infection post-surgery. The cosmetic surgery will register the fastest growth in the application segment due to increase in number of surgeries done by obese people, high disposable income, low self-esteem propelling need for facial surgery, breast enlargement surgery etc.
The complete report is available at http://www.credenceresearch.com/report/electrosurgical-devices-market
The electrosurgical devices market is technologically driven Covidein Plc. (Medtronics), Bovie Medical Corporation, ATMOS, Inc., Ethicon, Inc., Boston Scientific Corporation etc. are few market leaders in electrosurgical devices market and compete to augment their foothold in the market.
Key Market Movements:
- Higher prevalence of chronic diseases and aging population
- Technological advances in production of electrosurgical devices and software
- Increasing number of minimally invasive procedure and untapped potential in emerging markets
- Affordable reimbursement policies
About Credence Research:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Company Name: Credence Research
Contact Person: Chris Smith, Global Sales Manager
Address:105 N 1st ST #429, SAN JOSE, CA 95103 US
City: SAN JOSE
Country: United States