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(Medical-NewsWire.com, December 26, 2018 ) This 'Electrosurgical Devices Market' report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
The global electrosurgical devices market is expected to reach US$ 8,000.9 Mn in 2025 from US$ 4,828.4 Mn in 2017. The electrosurgical devices market is estimated to grow with a CAGR of 6.8% from 2018-2025.
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Electrosurgery is the use of high-frequency (radio frequency) that alternates the polarity, electrical current into biological tissue for cutting, coagulating, desiccating, or fulgurating tissues. Electrosurgical devices are majorly used in surgical operations which helps to prevent blood loss in the hospital operating rooms or in outpatient procedures. The report would be of an interest to various stakeholders operating in the electrosurgical devices market. These stakeholders include hospitals, medical device suppliers, research institutes, diagnostic centers, academic institutes, equipment manufacturers, market research and consulting firms.
Electrosurgical devices market is segmented by product and application. Global electrosurgical devices market, based on the product was segmented into electrosurgical generators, active electrodes, dispersive electrodes and other products. The electrosurgical devices market, based on application was segmented into general surgery, gynecology, urology, gastroenterology, arthroscopy and others.
The objective of the study is to describe, define, and forecast the electrosurgical devices market by product, application and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall market.
The report analyzes factors affecting electrosurgical devices market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions. The report also includes the profiles of key electrosurgical devices manufacturing companies along with their SWOT analysis and market strategies.
Some of the notable players operating in the electrosurgical devices market include Olympus Corporation, Medtronic, Ethicon US, LLC. Boston Scientific Corporation, B. Braun Melsungen AG, CONMED Corporation, Erbe Elektromedizin GmbH, Kirwan Surgical Products, LLC, BOVIE MEDICAL, and Parkell, Inc.
For instance, in April 2018, Boston Scientific acquired nVision Medical Corporation, a privately-held company focused on women's health. The acquisition was aimed at providing better solutions for women health. And the acquisition expanded the geographical presence of the company in global electrosurgical devices market.
Continuous innovation in the Electrosurgical Devices technology is a major strategy adopted by industry participants to gain significant market share.
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The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
Source: EmailWire.Com
Source: EmailWire.com
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