“Global Electrosurgical Devices Market, By Product Type (Electrosurgery Generators, Electrosurgery Instruments, Electrosurgery Accessories, Argon & Smoke Management Systems), By Technique Type (Monopolar Electrosurgery, Bipolar Electrosurgery), By Application (General Surgery, Gynecology, Cardiology, Urology, Dermatology & Cosmetology, Laparoscopy, Other Applications), By End-User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics), as well as by Region – Global Forecast 2020 to 2029.”, which offers a comprehensive view of the Global Electrosurgical Devices Market through systematic segmentation, covering every aspect of this target market. The 5-year (2020–2025) cumulative revenue of this market is projected to be over $7,553.0 Mn, and is estimated to increase moderately over the latter part of the forecast period.
An Electrosurgical Unit (ESU) is a device that is uses electricity to cause thermal destruction of tissue through dehydration, coagulation, or vaporization. This device consists of a generator and a handpiece with one or more electrodes.
The steady expansion of various end-use therapeutic areas of application such as gynecology, dermatology, urology, plastic surgery, dentistry, otolaryngology, ophthalmology, etc., is leading to an expected increase in the demand for devices from the Global Electrosurgical Devices Market, thereby boosting opportunities for increased revenue growth over the next decade. Moreover, the increasing adoption of electrosurgical devices for the purposes of non-invasive cosmetic surgeries, as well as the growing popularity of cosmetic procedures across the globe are some of the other major factors that are slated to positively contribute the overall market growth of this global sector in the years to come. Another crucial factor that is expected to aid in fueling the revenue growth of this global electrosurgical devices is the steady growth being experienced by the market for dentistry, as well as the surging prominence of medical tourism, especially to various emerging economies of the world are also factors that anticipated to further augment additional opportunities of revenue growth for the global electrosurgical devices market in the foreseeable future. These aforementioned factors are some of the most crucial factors that are anticipated to play a critical role in catapulting the projected revenue of the Global Electrosurgical Devices Market to $9,626.2 Mn by 2029, at a CAGR of 6.5%.
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