Latest industry research report on Electrosurgical Devices Market. Electro surgeries, which are known and preferred for their less invasiveness, faster recovery, and low risk, are mainly dependent on various electrosurgical devices for its efficiency. Recently, with the development of technology, many new types of electrosurgical devices have been introduced in the market.
The increasing demand of minimally invasive techniques, increasing geriatric populations and rapidly increasing adoption rate in developing regions are the key factors, which would drive the growth of electrosurgical devices market during the analysis period. Furthermore, the shift of trend from traditional surgeries to minimally invasive surgeries has increased the demand for minimally invasive devices.
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Factors restraining the market growth are high initial setup cost and presence of stringent regulatory environment.Few strategies adopted by major market players are expansion of R&D facilities, collaborations and acquisitions over last three years. In 2014, Medtronic acquired Covidien for USD 42.9 billion, this acquisition, enabled Medtronic to emerge as a global leader in electrosurgical devices market.
The companies profiled in this report are Medtronic, ERBE Elektromedizin GmbH,Bovie Medical Corporation, KLS Martin Group, WEM Electronic Equipment Ltd, Olympus Corporation,CONMED Corporation, B. Braun Melsungen AG, Ethicon Inc and BOWA-electronic GmbH Co. KG.
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The Global Electrosurgical Devices market is segmented as below:
Global Electrosurgical Devices Market By Product Type
- Electrosurgical Generators
- Electrosurgical Instruments
- Monopolar Instruments
- Bipolar Instruments
- Electrosurgical Accessories
- Argon and Smoke Management Systems
Global Electrosurgical Devices Market By Applications
- Dermatological Surgeries
- Gynecological Surgeries
- Cardiac Surgeries
- Plastic Surgeries
- Ocular Surgeries
- Spine Surgeries
- ENT Surgeries
- Maxillofacial Surgeries
- Orthopedic Surgeries
- Urological Surgeries
- Others ( Neuro, dental and general surgeries)
Global Electrosurgical Devices Market By Geography
- North America
- Asia Pacific
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