Electrosurgery devices are used during surgical procedures for management of blood loss, and surgical cutting. Electrosurgery devices are utilized in a variety of medical disciplines such as gastroenterology, abdominal surgery, urology, pneumology, and gynecology. This Fact.MR report analyzes the expansion of global electrosurgery devices market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.
Owing to technological innovations the electrosurgery Devices market in North America has demonstrated growth traction over the years. However, increased healthcare spending towards minimally invasive treatment in Asia-Pacific region is expected to propel the market forward, thus contributing as one of the fastest regional hub in electrosurgery devices market. However, factors such as significant product recalls owing to incompliance with FDA framework remain potential challenges for the growth trajectory.
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Integration of advanced technological aid besides innovations such as disposable surgical tools and accessories have paved new growth scope. To tap new opportunities in growing economies market players are diversifying their presence in developing economies with novel strategic alliances. Backed by the need for robust technological excellence in electrosurgery devices, leading technology behemoth Olympus has recently unrolled its new surgical knife, DualKnife J which is an endoscopic submucosal dissection knife for enhanced ESD outcome. The development is significant enough to propel growth traction in electrosurgery market in the coming years.
Electrosurgery Devices Market: Overview
The electrosurgery devices market has been analyzed in detail to offer definitive forecast insights on the market for the period 2017-22. This report is an exhaustive compilation of a detailed overview of electrosurgery devices market and analyzes the market in terms of market dynamics, macro and micro-economic determinants that shape market growth, also shedding light on other relevant factors that direct future prospects of electrosurgery devices market trajectory.
Hospitals to be the Largest End-users of Electrosurgery Devices in the Market
Based on end-users, electrosurgery devices sales in specialized clinics will register the highest CAGR through 2022. Hospitals are estimated to remain dominant in the global market for electrosurgery devices. In addition, revenues from sales of electrosurgery devices in ambulatory surgical centres will account for more than one-fourth market share by 2022-end. Ambulatory surgical centres will be the second largest end-users of electrosurgery devices in the market by 2022-end.
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Detailed overview of electrosurgery devices market spectrum presented in the report banks upon a robust research methodology comprising primary and secondary researches that divulge relevant and timely market intelligence figures. Voluminous information recorded in the report with the aid of these research approaches have been meticulously validated by in-house research analysts.
Electrosurgery Devices Market: Competition Landscape
This section of the report offers a detailed section on key contributors in electrosurgery devices market. A dashboard view of each of the mentioned profiles complete with detailed insights on their respective SWOT analysis along with detailed assessment of their product portfolio, market contribution, as well as recent developments have been slated to aid readers’ understanding about the competition spectrum.
Key players listed in Fact.MR’s report on the global electrosurgery devices market include B. Braun Melsungen AG, Stryker Corporation, Smith & Nephew, Boston Scientific Corporation, Medtronic Plc, Erbe Elektromedizin GmbH, Bovie Medical Corporation, Heal Force Bio-meditech Holdings Limited, Johnson & Johnson Private Limited, and AngioDynamics, Inc.
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Electrosurgery Devices Market: Sales for Application in Dermatology Expected to Register the Highest
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