Electrosurgery is the use of a high-frequency alternating polarity electrical current to biological tissue as a means to coagulate, cut, desiccate, or fulgurate tissue. Its advantages include the ability to make precise cuts with limited blood loss. Electrosurgery passes an electrical current through the tissue to accomplish the desired result.
MARKET DYNAMICS
The electrosurgery market is driving due to the technological advancements in electrosurgical instruments, the increasing demand for minimally invasive surgeries, the growing number of medical, cosmetic, and age-related surgeries performed. However, risks associated with electrosurgical procedures may hinder its growth. Moreover, untapped opportunities in emerging Asian economies and the rising number of ambulatory surgery centers are expected to provide opportunities in the electrosurgery market.
MARKET SCOPE
The "Electrosurgery Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of electrosurgery market with detailed market segmentation by product types and end user. The electrosurgery market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in electrosurgery market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The electrosurgery market is segmented on the basis of product, application, and end user. Based on product, the market is segmented as electrosurgical instruments, electrosurgical generators, electrosurgical accessories, smoke evacuation systems. Based on application, the market is segmented as general surgery, obstetrics/gynecology surgery, orthopedic surgery, cardiovascular surgery, oncological surgery, cosmetic surgery, urological surgery, neurosurgery, others. Based on end user, the market is segmented as hospitals, clinics & ablation centers, ambulatory surgical centers, research laboratories & academic institutes.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Electrosurgery market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The electrosurgery market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting electrosurgery market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Electrosurgery market in these regions.
MARKET PLAYERS
The report covers key developments in the electrosurgery market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Electrosurgery market are anticipated to have lucrative growth opportunities in the future with the rising demand for electrosurgery in the global market. Below mentioned is the list of few companies engaged in the electrosurgery market.
The report also includes the profiles of key players in electrosurgery market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Medtronic
- Olympus Corporation
- Ethicon, Inc. (Johnson & Johnson)
- Conmed Corporation
- B. Braun Melsungen
- Apyx Medical Corporation
- Boston Scientific
- Smith & Nephew PLC
- Erbe Elektromedizin GmbH
- Applied Medical Resources Corporation
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.