Global Electrosurgical Devices Market: Analysis By Industrial Applications, By End User Applications, By Region, By Country 2016-2020

Electrosurgical Devices Global Market  

Electro surgery deals with the interaction of electrons with tissue to achieve a desired clinical effect. Electrosurgical units (ESU’s) are used for surgical cutting or to manage blood loss by causing coagulation (homeostasis) during surgery. The global electrosurgical devices market is divided into products, surgery and geography. The global electrosurgical devices products market is segmented into electrosurgical generators and monitors, instruments, plasma and smoke management systems and accessories. The electrosurgical instrument is further classified into monopolar and bipolar instruments. Plasma based systems are further segmented in to argon systems and helium systems. By surgery, the electrosurgical devices market is broadly segmented into cardiovascular, cosmetic &dermatological, gastrointestinal, general, gynecological, neurosurgical, oncology, orthopedic, urological and others.

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Among the electrosurgical products, the instruments market dominated the products market by occupying a largest share. At the same time, the electrosurgical instruments market is also expected to grow at the highest CAGR. Geographical wise North America is the largest market, followed by Europe and Asia. The APAC regions suggest an array of opportunities for growth and are likely to be getting into the eyes of new investors in the electrosurgical devices market. Growth in the Asian market is attributed to government for its support in establishing innovative technologies and demand for sophisticated medical services.
The electrosurgical devices market is expected to grow steadily in the forecast period. The factors driving the growth of this market are advancement in the electrosurgical devices, preference towards minimally invasive surgical procedures, increase in number of cosmetic procedures and steep rise in aging population and related surgeries. In addition to this, high prevalence of obesity and there of increase in bariatric surgeries along with growing demand for the electrosurgical products in the emerging regions are some of the opportunities that are propelling the growth of the market. However, the nonconductive health care system and reimbursement scenario in U.S, risk associated with the usage of electrosurgical devices and some of the product recalls are hampering the growth of the market. The threats for the electrosurgical market include technological advancement in the area of noninvasive technologies, the pricing pressure and stiff competition among the electrosurgical players.

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The global electrosurgical market is a highly competitive market and all the existing players in this market are involved in developing new and advanced products to maintain their market shares. Some of the key players of the electrosurgical devices market are B. Braun Melsungen, Bovie Medical Corporation, ConMed Corporation, Johnson & Johnson (Ethicon) and Medtronic (Covidien).

Table Of Contents

1 EXECUTIVE SUMMARY 19
2 INTRODUCTION 25
2.1 KEY TAKE AWAYS 25
2.2 REPORT DESCRIPTION 25
2.3 MARKETS COVERED 27
2.4 STAKEHOLDERS 28
2.5 RESEARCH METHODOLOGY 29
2.5.1 MARKET SIZE ESTIMATION 30
2.5.2 MARKET CRACKDOWN AND DATA TRIANGULATION 33
2.5.3 SECONDARY SOURCES 34
2.5.4 KEY DATA POINTS FROM SECONDARY SOURCES 35
2.5.5 PRIMARY SOURCES 36
2.5.6 KEY DATA POINTS FROM PRIMARY SOURCES 36
2.5.7 ASSUMPTIONS 37
3 MARKET ANALYSIS 38
3.1 INTRODUCTION 38
3.2 MARKET SEGMENTATION 40
3.3 FACTORS INFLUENCING MARKET 42
3.3.1 DRIVERS AND OPPORTUNITIES 43
3.3.1.1 Increased use of minimally invasive surgeries 43
3.3.1.2 Advancement of technology 43
3.3.1.3 Growing number of cosmetic surgery procedures 43
3.3.1.4 Increasing incidence in aging population 44
3.3.1.5 Demand of these procedures in the emerging regions 44
3.3.1.6 Prevalence of obesity and related surgeries 45
3.3.2 RESTRAINTS AND THREATS 45
3.3.2.1 Risk of side effects 45
3.3.2.2 Product recalls 46
3.3.2.3 Healthcare reforms especially in U.S. 46
3.3.2.4 Preference for non-invasive procedures 46
3.3.2.5 Pricing pressure on device manufacturers 47
3.4 PORTER’S FIVE FORCE ANALYSIS 47
3.4.1 THREAT OF NEW ENTRANTS 47
3.4.2 THREAT OF SUBSTITUTES 48
3.4.3 BARGAINING POWER OF SUPPLIERS 49
3.4.4 BARGAINING POWER OF BUYERS 49
3.4.5 COMPETITIVE RIVALRY 49
3.5 REGULATORY AFFAIRS 50
3.5.1 U.S. 50
3.5.2 EUROPE 50
3.5.3 CHINA 51
3.5.4 INDIA 51
3.5.5 JAPAN 51
3.6 REIMBURSEMENT 52
3.7 UPCOMING PRODUCTS 55
3.8 SUPPLY CHAIN ANALYSIS 63
3.9 MARKET SHARE ANALYSIS 65

Continued…

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Posted by Vivian Dsena on Thursday December 22 2016, 2:17 AM EDT. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0