Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by
Infinium Global Research on electrosurgery market provides in-depth analysis of
segments and sub-segments in the global as well as regional electrosurgery
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional electrosurgery market over the short term
as well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of the global
electrosurgery market. According to the report, the global electrosurgery
market is projected to grow at a CAGR of 4.78% over the forecast period of
2019-2025.
The use of
electricity to cause thermal destruction of tissue through dehydration,
coagulation, or vaporization is termed as electrosurgery. High-frequency
electrosurgery and electrocautery are two types of electrosurgery. In
high-frequency electrosurgery, the current is converted into heat that passes
through the tissue and causes damage to tissue. There are four methods of
high-frequency electrosurgery they are electrosection,
electrocoagulation, electrofulguration, and electrodesiccation. In
electrocautery, the current is used to heat the component, which is then
applied to the tissue. The instrument used for electrosurgery is classified
into bipolar instruments and monopolar instrument. The bipolar instrument
includes a bipolar system, bipolar forceps. Electrode handles, electrosurgical
pencils, electrosurgical electrodes, monopolar forceps are types of monopolar
instruments.
The
increasing occurrence of chronic diseases such as cardiac arrest,
gastrointestinal, cancer, and intestinal diseases due to change in lifestyle
and the weak immune system is driving the demand of the electrosurgery market.
In addition, rising population with the spinal disorders and obesity has increased
need for surgery thus, the application of electrosurgery in minimally invasive
surgeries are boosting the growth of the market. Moreover, the rise in the
adoption of innovative and advanced technology products is another factor that
drives the growth of this market. On the other hand, the bacterial and viral
particles are transferred directly that lead to infection at the time of
treatment, thus risk associated with electrosurgical procedures is likely to
restrain the growth of the market. Furthermore, strict government norms are
likely to hamper the growth of the market. The untapped potential in emerging
economies is likely to bring more opportunities to this market.
Among the
regions, North America held the largest share in the global electrosurgery
market. The U.S. accounted for the largest share in the North America region.
The established healthcare industry, a large number of investors in the
healthcare sector and increased demand for high-quality healthcare facilities
contributes to the growth of the North America electrosurgery market.
Furthermore, the high adoption of advanced medical treatments also favors the
growth of the North America electrosurgery market. The Asia Pacific is anticipated
to grow at the fastest CAGR owing to the improving healthcare infrastructure,
growing medical tourism in several Asian countries such as China, Japan, and
India.
The report on global
electrosurgery market covers segments such as product, type, application, and
end user. On the basis of product, the sub-markets include generators, bipolar, monopolar, accessories, argon systems, and smoke management systems. On the
basis of type, the sub-markets include high-frequency electrosurgery and electrocautery. On the basis of application, the
sub-markets include general surgery, gynecology surgery, cosmetic surgery,
urologic surgery, orthopedic surgery, cardiovascular surgery, and neurosurgery.
On the basis of the end user, the
sub-markets include hospitals, specialty
clinics, and ambulatory surgery
centers.
The report provides profiles of
the companies in the market such as Medtronic plc, B. Braun Melsungen AG, BOWA-electronic
GmbH & Co. KG, ERBE Elektromedizin GmbH, Ethicon, Inc., Olympus
Corporation, Stryker Corporation, Boston Scientific Corporation, CONMED
Corporation, and Kirwan Surgical Products, LLC.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of electrosurgery market. Moreover, the study highlights current
market trends and provides forecast from 2019-2025. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.
Please Choose One of them.