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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.
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Opportunity Analysis and Industry Forecast, 2016-2023 Electrosurgical Devices Market Expected to Reach $3,894 Million Globally, by 2022 Global Opportunity Analysis and Industry Forecast, 2014-2022
Electrosurgical Devices Market “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. ”
Electrosurgical Devices Market Overview 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. View Detail Summary of this report: https://www.alliedmarketresearch.com/electrosurgical-devices-market Electrosurgical devices are widely used in various surgeries such as neurosurgery,generalsurgeryand orthopedic surgeries to cut, coagulate, dissect, fulgurate, ablateand shrink tissues. The major factors that drive the growth of this market include increase in the number of surgical procedures, rise in geriatric population, and increase in the demand of minimally invasive surgeries.
Electrosurgical Devices Market Technological advancements in healthcare, increase in baby boomer population, rise in demand for surgical procedures, substantial expenditure in healthcare by government reforms, and increase in demand for technologically advanced products are the factors that drive the growth market for electrosurgical devices. However, stringent government policies for product approval restrain the global market for electrosurgical devices. Electrosurgical instruments & accessories is the top potential target market for investment for the key players. The demand for electrosurgical instruments & accessories is expected to increase with rise in adoption of electrosurgical devices in various surgical procedures.
Electrosurgical Devices Market Snapshot Surge in rate of chronic disorders, increase in geriatric population, and growth in number of surgical procedures performed drive the growth of this market in Europe. Persistent R&D for technological advancements is anticipated to create new opportunities during the forecast period. The key players profiled in the report include B. Braun Melsungen AG (Germany), Bovie Medical Corporation (U.S.), Megadyne Medical Products Inc. (U.S.), CONMED Corporation (U.S.), Medtronic plc. (Ireland), Johnson & Johnson (U.S.), ERBE Elektromedizin GmbH (Germany), KLS Martin Group (Germany), Olympus Corporation (Japan), and Utah Medical Products, Inc. (U.S.).
Key Benefits Electrosurgical Devices Market • The study provides an in-depth analysis of the global 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.
Electrosurgical Devices Market North America Europe Asia-Pacific LAMEA
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