MarketResearch.biz announces publication of its most recently generated research report titled, “Global Electrosurgical Devices Market by Product Type (Electrosurgery Generators, Electrosurgery Instruments, Electrosurgery Accessories, and Argon and Smoke Management Systems), by Technique Type (Monopolar Electrosurgery and Bipolar Electrosurgery), by Application (General Surgery, Gynecology, Cardiology, Urology, Dermatology & Cosmetology, Laparoscopy, and Other Applications), by End-user (Hospitals, Ambulatory Surgical Centers, Specialty Clinics) and by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) – Global Forecast to 2029”, which offers a holistic view of the global electrosurgical devices market through systematic segmentation that covers every aspect of the target market. The first five-year cumulative revenue (2020–2024) is projected to be US$ more than 30 Billion, which is expected to increase rather significantly over the latter part of the five-year forecast period.
Electrosurgery is primarily used in various medical disciplines such as dermatology, cardiology, ENT, plastic surgery, gynecology, ophthalmology, urology, orthopedic, neurology, other surgical procedures, as well as specific dental procedures. The global electrosurgical devices market is driven by robust demand for minimally invasive surgical procedures, growing preference for cosmetic surgery procedures, and increasing investments in technological advancements by major players, increasing number of patients suffering from obesity, and a global increasing aging population.
Browse the full “Electrosurgical Devices Market By Product Type (Electrosurgery Generators, Electrosurgery Instruments, Electrosurgery Accessories, And Others), By Application (General Surgery, Gynecology, Cardiology, And Others) And By Region – Global Forecast To 2029” report at https://marketresearch.biz/report/electrosurgical-devices-market/
Global Electrosurgical Devices Market: Dynamics
Changing lifestyle, hectic working schedule, unhealthy eating habits, and insufficient physical inactivity are factors resulting in increasing prevalence of chronic diseases such as atherosclerosis, cardiovascular, neurovascular, and peripheral vascular diseases. Other factors driving growth of the market are increasing geriatric population across the globe and growing incidence of heart attacks and other cardiovascular diseases, especially among the aging population.
Global Electrosurgical Devices Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global electrosurgical devices market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global electrosurgical devices market is expected to expand at a CAGR of 6.1% over the forecast period.
Global Electrosurgical Devices Market: Segmental Snapshot
The market report has been segmented on the basis of product type, technique, application, end-user, and region. The product type segment includes electrosurgery generators, electrosurgery instruments, electrosurgery accessories, and argon and smoke management systems. The technique type segment includes monopolar electrosurgery and bipolar electrosurgery. The application segment includes general surgery, gynecology, cardiology, urology, dermatology & cosmetology, laparoscopy, and others. The end-user segment includes hospitals, ambulatory surgical centers, and specialty clinics. The regions covered in the analysis include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By Product Type: The electrosurgery generators segment is expected to account for highest revenue share contribution as compared to other product type segments. The electrosurgery instruments segment is projected to register highest CAGR of over 6.1% over the forecast period.
By Technique Type: The bipolar electrosurgery segment is expected to account for highest revenue share contribution as compared to other technique type segments, and is expected to register highest CAGR of over 6% over the forecast period.
By Application: The dermatology & cosmetology segment is projected to register highest growth rate of over 6.2% over the next 10 years
By End User: The hospitals segment is projected to register highest CAGR of more than 5.9% over the forecast period
By Region: The market in North America is estimated to account for highest revenue share in the global electrosurgical devices market. The market in the Asia Pacific is projected to register highest CAGR of over 6.5% over the forecast period.
Global Electrosurgical Devices Market: Competitive Analysis
The research report on the global electrosurgical devices market includes profiles of major companies such as Olympus Corporation, Johnson & Johnson (Megadyne Medical Products, Inc.), Medtronic plc, Boston Scientific Corporation, Smith & Nephew plc, Utah Medical Products, Inc., B. Braun Melsungen AG, CONMED Corp., Apyx Medical Corp., Karl Leibinger GmbH & Co. KG, BOWA-electronic GmbH & Co. KG, ERBE Elektromedizin GmbH, and Symmetry Surgical Inc.
Global Electrosurgical Devices Market: Industry, Size, Share, Growth, Trends, and Forecast, 2020–2029 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global electrosurgical devices market for 2019–2029.
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