As per DelveInsight’s assessment, the Electrosurgical Devices Market is expected to grow at an immense pace in the coming years owing to the rising prevalence of chronic diseases like cardiovascular, neurological, gynecological, and other disorders, the rising number of surgical procedures, the growing burden of geriatric patients, and technological advancements and improvement in product development and design.
DelveInsight’s “Electrosurgical Devices Market” report provides the current and forecast market outlook, forthcoming device innovation, challenges, market drivers and barriers. The report also covers the major emerging products and key Electrosurgical Devices companies actively working in the market.
Electrosurgical Devices
Electrosurgical devices are medical devices that, with the application of electricity, cause the thermal destruction of tissues through dehydration, coagulation, or vaporization. These devices use high frequency, alternating electric current to produce heating in biological tissue as a means to cut, coagulate or desiccate the tissue.
The Electrosurgical Devices market is expected to grow due to a growing number of surgeries, including open heart surgeries and aesthetic procedures, as well as the prevalence of a variety of chronic conditions are anticipated to add to the demand for surgical energy devices.
Electrosurgical Devices Market Insights
The Global Electrosurgical Devices market is witnessing growth due to the rising prevalence of chronic disorders such as cardiovascular disorders, neurological disorders, gynecological disorders, and others. Moreover, the rising number of surgical procedures and the escalating burden of geriatric patients are also anticipated to impact the Electrosurgical Devices Market growth.
Geographically, the global Electrosurgical Devices market is studied in North America, Europe, Asia-Pacific, and the Rest of the World. The market for surgical energy instruments and electrosurgical devices is likely to be dominated by North America. Some of the key factors such as the rising incidence of chronic diseases, the growth in cosmetic, cardiovascular, and caesarean operations, as well as the increased number of product launches and approvals are expected to influence the Electrosurgical Devices market growth in the North America region.
To know more about why North America is leading the market growth in the Electrosurgical Devices market, get a snapshot of the report Electrosurgical Devices Market Trends
Recent Developments in the Electrosurgical Devices Market Report
- In April 2022, Italy-based medical device company I-VASC announced the launch of the VELEX device that can be used for the treatment of Venous Insufficiency and Empty Vein Ablation and provides more safety during surgeries in comparison to conventional sclerotherapy.
- In September 2019, Baylis Medical launched VersaCross® Large Access Solution in Canada, for performing Left Atrial Appendage Closure (LAAC) procedures. VersaCross includes the world’s first 3-in-1 radiofrequency (RF) with a seamless shapeable dilator for optimizing tissue dilation.
- In April 2019, 4T Medical announced the launch of Zeus, a portable electrosurgical device in the United Kingdom, offering control over frequency and power systems, enabling the treatment to be tailored as per the patient’s age and skin type.
- Thus, owing to such developments in the market, rapid growth will be observed in the Electrosurgical Devices market during the forecast period
To read more about the latest highlights related to Electrosurgical Devices, get a snapshot of the key highlights entailed in the Electrosurgical Devices
Key Players in the Electrosurgical Devices Market
Some of the key market players operating in the Electrosurgical Devices market include Medtronic, Olympus, CONMED Corporation, Symmetry Surgical Inc., Applied Medical Resources Corporation, ERBE GmbH, Kirwan Surgical Products, LLC, CIMPMAX, Johnson & Johnson, Boston Scientific Corporation, Bissinger Medizintechnik, Surgical Holdings, Parkell Inc., Utah Medical Products Inc., Novuson, Apyx Medical Corporation, B. Braun Melsungen AG, Hangzhou AGS Medtech Co., Ltd, KLS Martin Group, Smith & Nephew, and others.
COVID-19 Impact Analysis on the Electrosurgical Devices Market
Additionally, Due to the brief setback caused by the imposition of lockdown limitations as necessary precautions to contain COVID-19 and stop the spread of viral infection, the market for surgical energy instruments and electrosurgical devices experienced a period of temporary slowdown. The COVID-19 pandemic had serious repercussions on every nation’s healthcare system, as well as on the patients who were infected with the disease and other people. Numerous surgeries had to be postponed as a result of the scenario in order to manage and reserve the available resources, and numerous hospitals were experiencing a staffing crisis for the personnel needed to support these surgeries. However, the demand for Electrosurgical Devices is anticipated to increase due to the introduction of vaccines and the increasing focus by governments on strategized plans for further outbreaks, providing a positive future outlook for the Electrosurgical Devices market in the forecast period.
Scope of the Electrosurgical Devices Market Report
- Coverage: Global
- Study Period: 2019–2027
- Market Segmentation By Product Type: Electrosurgical Generators, Electrosurgical Instruments & Accessories [Electrosurgical Instruments {Monopolar Instruments, Bipolar Instruments}, Electrosurgical Accessories], Argon And Smoke Management Systems, and others
- Market Segmentation By application: (General Surgery, Orthopedic Surgery, Gynecology Surgery, Cardiovascular Surgery, Cosmetic Surgery, Neurosurgery, And Others
- Market Segmentation By End User: Hospitals, Ambulatory Surgical Centers, And Others
- Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of the World
- Key Electrosurgical Devices Companies: Medtronic, Olympus, CONMED Corporation, Symmetry Surgical Inc., Applied Medical Resources Corporation, ERBE GmbH, Kirwan Surgical Products, LLC, CIMPMAX, Johnson & Johnson, Boston Scientific Corporation, Bissinger Medizintechnik, Surgical Holdings, Parkell Inc., Utah Medical Products Inc., Novuson, Apyx Medical Corporation, B. Braun Melsungen AG, Hangzhou AGS Medtech Co., Ltd, KLS Martin Group, Smith & Nephew, among others
- Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View
DelveInsight Analysis: The Electrosurgical Devices market in the 7MM was valued at USD 8,520.99 Million in the year 2021 and is anticipated to grow with a CAGR of 6.64% during the forecasted period (2022-2027)
Which MedTech key players in the Electrosurgical Devices market are set to emerge as the trendsetter explore @ Electrosurgical Devices
Table of Contents
| 1 | Electrosurgical Devices Market Report Introduction |
| 2 | Electrosurgical Devices Market Executive summary |
| 3 | Regulatory and Patent Analysis |
| 4 | Electrosurgical Devices Market Key Factors Analysis |
| 5 | Porter’s Five Forces Analysis |
| 6 | COVID-19 Impact Analysis on Electrosurgical Devices Market |
| 7 | Electrosurgical Devices Market Layout |
| 8 | Global Company Share Analysis – Key 3-5 Companies |
| 9 | Company and Product Profiles |
| 10 | Project Approach |
| 11. | About DelveInsight |
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