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Electrosurgery Devices Market Future Growth, Global Survey and In-Depth Analysis Research Report 2017 to 2022

August 29, 2019 by Steve Blade  

The global electrosurgery devices market is projected to exhibit an above-average expansion during the forecast period 2017 to 2022, according to a new study by Fact.MR. Revenues from the electrosurgery devices market is estimated to reach roughly US$ 8,000 Mn by 2022-end.

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.

Key Estimations from Fact.MR’s Report on the Global Electrosurgery Devices Market

  1. By product type, more than half revenue share of the market is expected to be held by radiofrequency electrosurgery devices during 2017 and 2022.
  2. The radiofrequency electrosurgery devices will remain the top-selling product in the global market, with sales exhibiting the highest CAGR through 2022.
  3. Demand for ultrasonic electrosurgery devices will continue to be sluggish throughout the forecast period.
  4. On the basis of end-users, sales of electrosurgery devices in specialized clinics are estimated to register the fastest expansion through 2022.
  5. Hospitals are anticipated to remain the largest end-users of electrosurgery devices in the overall market.
  6. Revenues from ambulatory surgical centres are expected to account for over one-fourth share of the market throughout the forecast period. Ambulatory surgical centres are expected to become the second most lucrative end-users of electrosurgery devices by 2022-end.
  7. Sales of electrosurgery devices for application in gynecological surgery are expected to account for the largest revenues by 2022-end.

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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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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