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The global electrosurgical devices market report on the basis of product type, application and geography and forecasts from 2014 to 2022.
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Global Electrosurgical Devices Market Global Opportunity Analysis and Industry Forecasts, 2014-2022
Electrosurgical DevicesMarket Overview • Electrosurgical devices are widely used in various surgeries such as neurosurgery, general surgery and orthopedic surgeries to cut, coagulate, dissect, fulgurate, ablateand shrink tissues. • The Electrosurgical Devices Market was valued at $2,214 million in 2015, and is projected to reach $3,894 million by 2022, growing at a CAGR of 8.3% from 2016 to 2022. • The electrosurgical instruments & accessories segment held over two-fifths share of the total market in 2015. It is expected to grow at the highest CAGR of 8.5% during the analysis period. • The general surgery application segment held the largest market share in 2015 due to high adoption rate of electrosurgical devices. • The cosmetic surgery segment is expected to grow at the fastest CAGR of 9.3% owing to increase in number of aesthetic surgical procedures.
Electrosurgical DevicesMarket Key Findings • • Electrosurgical instruments & accessories was the leading product segment in 2015. • • North America is projected to grow at a CAGR of 8.0% during analysis period. • • The general surgery segment is estimated to grow at the CAGR of 8.5%. • • U.S. was the major shareholder in the North American electrosurgical devices market • in 2015. • • The global argon & smoke management system market is expected to grow at a • CAGR of 8.3% during the study period.
Electrosurgical DevicesMarket Key Benefits • The study provides an in-depth analysis of the global electrosurgical devices market with current trends and future estimations to elucidate the investment pockets. • The report provides a quantitative analysis from 2014 to 2022 that enables the stakeholders to capitalize on prevailing market opportunities. • Extensive analysis of the global electrosurgical devices market, by product and application, helps to understand the various products used for different applications. • Key market players within the global market are profiled in this report, and their strategies are analyzed thoroughly, which predict the competitive outlook of the market.
Factors Impact Electrosurgical DevicesMarket • Rise in number of surgical procedures globally • Large pool of geriatric population and rise in chronic diseases • Technological advancement • Stringent rules & regulations for product approval • Aesthetic Surgical Procedures Country Wise No. of People with Chronic Diseases
Expert View - Electrosurgical DevicesMarket “North America and Europe are expected to dominate global electrosurgical devices market during the forecast period, while emerging countries in Asia-Pacific and Latin America are projected to offer significant growth opportunities.” HemaliNarkhede, Manager, Healthcare Research
Electrosurgical DevicesMarket By Region North America, Europe, Asia-Pacific & Lamea
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