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(Medical-NewsWire.com, May 31, 2017 ) Browse 100 market data tables and 33 figures spread through 165 pages and in-depth TOC on “Electrosurgery Market"
http://www.marketsandmarkets.com/Market-Reports/electrosurgery-market-142006761.html
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Industry Dynamics:
Factors such as technological advancements in electrosurgery devices, growing number of medical, aesthetic and plastic surgeries, rising demand for minimally invasive surgeries, and growing number of ambulatory surgery centers are driving the growth of this market.
On the other hand, healthcare reforms in the U.S., frequent product recalls, and risks associated with electrosurgical procedures are some of the key factors limiting the growth of the global electrosurgery market.
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Geographical Analysis:
Geographically, the electrosurgery market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America is estimated to command the largest share of the electrosurgery market in 2016, followed by Europe and Asia-Pacific.
Emerging markets, like China, India, and Brazil are expected to offer significant growth opportunities owing to the rising trend of medical tourism in these counties. In addition, these countries have less-stringent regulations and data requirements as compared to developed nations; companies find regulatory policies in the Asia-Pacific region to be adaptive and business-friendly. Moreover, increasing competition in mature markets will intensify the focus on emerging markets.
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As of 2016, Covidien plc (Medtronic) (Ireland), Ethicon, Inc. (U.S.) (subsidiary of Johnson & Johnson (U.S.)), and Olympus Corporation (Japan) held the leadership position in the global electrosurgery market.
In the past three years, these companies adopted product launches and geographic expansions as their key business strategies to ensure market dominance. CONMED Corporation (U.S.), Erbe Elektromedizin GmbH (Germany), Bovie Medical Corporation (U.S.), B. Braun Melsungen AG (Germany), and BOWA-electronic GmbH & Co. KG (Germany) are some of the other players in this market.
Stakeholders:
• Electrosurgical Instruments Manufacturing Companies
• Electrosurgical Instruments Accessories Manufacturing Companies
• Medical Device Suppliers and Distributors
• Hospitals and Clinics
• Research Laboratories and Academic Institutes
• Venture Capitalists and Other Government Funding Organizations
• Research and Consulting Firms
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