Electrosurgery devices are used during surgical procedures for management of blood loss, and surgical cutting. Electrosurgery devices are utilized in a variety of medical disciplines such as gastroenterology, abdominal surgery, urology, pneumology, and gynecology. This Fact.MR report analyzes the expansion of global electrosurgery devices market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.
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Scope
The scope of Fact.MR’s report is to analyze the global electrosurgery devices market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global electrosurgery devices market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to electrosurgery devices.
In order to offer readers with up-to-date information about the latest advancements in the global electrosurgery devices market, the report provides updates about market opportunities, which can benefit leading manufacturers of electrosurgery devices. With continuous evolution of the healthcare sector, keeping a record of latest developments and trends is fundamental for electrosurgery devices manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, regulatory approvals, pricing analysis, list of distributors, and cost structure are provided in this section.
The Fact.MR report renders segment-wise analysis & forecast in a bid to cover the wide scope of the global market for electrosurgery devices. The report segments the market into end-users, product type, application, and region. This segmentation analysis provides detailed country-wise forecast around all key market parameters.
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11 Key Estimations from Fact.MR’s Report on the Global Electrosurgery Devices Market
1- By product type, more than half revenue share of the market is expected to be held by radiofrequency electrosurgery devices during 2017 and 2022.
2- The radiofrequency electrosurgery devices will remain the top-selling product in the global market, with sales exhibiting the highest CAGR through 2022.
3- Demand for ultrasonic electrosurgery devices will continue to be sluggish throughout the forecast period.
4- On the basis of end-users, sales of electrosurgery devices in specialized clinics are estimated to register the fastest expansion through 2022.
5- Hospitals are anticipated to remain the largest end-users of electrosurgery devices in the overall market.
6- Revenues from ambulatory surgical centres are expected to account for over one-fourth share of the market throughout the forecast period. Ambulatory surgical centres are expected to become the second most lucrative end-users of electrosurgery devices by 2022-end.
7- Sales of electrosurgery devices for application in gynecological surgery are expected to account for the largest revenues by 2022-end.
8- Sales of electrosurgery devices in gynecological surgery, and urology applications are estimated to register a parallel expansion at 5.6% CAGR through 2022.
9- Electrosurgery devices sales for application in dermatology is expected to register the highest CAGR through 2022.
10- In terms of revenues, North America is estimated to be dominant in the global electrosurgery devices market in 2017, and this trend is further estimated to prevail over the forecast period.
11- The market in Europe will continue to expand at a comparatively higher CAGR than North America through 2022.
Competition Tracking
Key players listed in Fact.MR’s report on the global electrosurgery market include B. Braun Melsungen AG, Stryker Corporation, Smith & Nephew, Boston Scientific Corporation, Medtronic Plc, Erbe Elektromedizin GmbH, Bovie Medical Corporation, Heal Force Bio-meditech Holdings Limited, Johnson & Johnson Private Limited, and AngioDynamics, Inc.
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