Electrosurgical Devices Market Global Segmentation, key Players, Analysis and Forecast 2023

The electrosurgical devices global market is expected to grow at single digit CAGR to reach $6,178.2 million by 2023.

PUNE, INDIA, January 6, 2017 /EINPresswire.com/ -- Electrosurgical Devices:

Electrosurgery uses electrical energy to create thermal destruction of tissue through coagulation. Electrosurgical devices are the medical devices used for almost all types of surgeries such as cardiac, orthopaedic, cosmetic and dermatological, gynaecological, plastic surgery, ENT, maxillofacial, urological, neurological and general surgical procedures as well as certain dental procedures, etc. Electrosurgical units (ESU’s) are used for surgical cutting or to manage blood loss by causing coagulation (homoeostasis) during surgery. The increasing acceptance of electrosurgical devices is mainly due to the advancements in electrosurgical devices that facilitate the reduction of earlier problems faced by traditional electrosurgical products such as collateral damage to tissues, eschar (dead tissues) formation and also limit sticking of tissues.

The electrosurgical devices global market is expected to grow at single digit CAGR to reach $6,178.2 million by 2023.

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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/units, plasma and smoke management systems and accessories. The electrosurgical instrument is further classified into monopolar and bipolar instruments. Monopolar instruments are further segmented into electrosurgical electrodes, electrosurgical pencils, suction coagulators and irrigation devices and monopolar forceps. Bipolar instruments are further segmented into vessel sealing instruments and electrosurgical bipolar forceps. Plasma based systems are further segmented into argon systems and helium systems. By surgery, the electrosurgical devices market is broadly segmented into cardiovascular, cosmetic &dermatological, gastrointestinal, general, gastrointestinal, gynaecological, neurosurgical, oncology, orthopaedic, urological, dental and others and geographically electrosurgical market is divided into North America, Europe, Asia-Pacific and Rest of the world.

Further the electrosurgical devices global market is separarted by geographical regions into North America, Europe, Asia-pacific and Rest of the World.

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Table of Contents

1 EXECUTIVE SUMMARY 23
2 INTRODUCTION 28
2.1 KEY TAKEAWAYS 28
2.2 REPORT DESCRIPTION 29
2.3 MARKETS COVERED 30
2.4 STAKEHOLDERS 32
2.5 RESEARCH METHODOLOGY 32
2.5.1 MARKET SIZE ESTIMATION 34
2.5.2 MARKET CRACKDOWN AND DATA TRIANGULATION 36
2.5.3 SECONDARY SOURCES 37
2.5.4 PRIMARY SOURCES 38
2.5.5 KEY DATA POINTS FROM SECONDARY SOURCES 38
2.5.6 KEY DATA POINTS FROM PRIMARY SOURCES 39
2.5.7 ASSUMPTIONS 39
3 MARKET OVERVIEW 41
3.1 INTRODUCTION 41
3.2 MARKET SEGMENTATION 43
3.3 FACTORS INFLUENCING MARKET 45
3.4 MARKET DYNAMICS 46
3.4.1 DRIVERS AND OPPORTUNITIES 46
3.4.1.1 Increased use of minimally invasive surgeries 46
3.4.1.2 Rapid growth in aging population 46
3.4.1.3 Growing number of cosmetic surgery procedures 47
3.4.1.4 Prevalence of obesity and its related surgeries 47
3.4.1.5 Advancement of technology 48
3.4.1.6 Demand for electrosurgical procedures in the emerging regions 49
3.4.2 RESTRAINTS AND THREATS 49
3.4.2.1 Risk of side effects 49
3.4.2.2 Rising incidence of product recalls 50
3.4.2.3 Preference for non-invasive procedures 50
3.4.2.4 Healthcare reforms especially in U.S./rising government pressure to minimize healthcare costs 51
3.4.2.5 Pricing pressure on device manufacturers 52
3.5 REGULATORY AFFAIRS 52
3.5.1 U.S. 52
3.5.2 EUROPE 53
3.5.3 CHINA 54
3.5.4 INDIA 55
3.5.5 JAPAN 56
3.6 PORTER’S FIVE FORCE ANALYSIS 57
3.6.1 THREAT OF NEW ENTRANTS 58
3.6.2 THREAT OF SUBSTITUTES 59
3.6.3 BARGAINING POWER OF SUPPLIERS 59
3.6.4 BARGAINING POWER OF BUYERS 60
3.6.5 RIVALRY AMONG EXISTING COMPETITORS 60
3.7 MARKET SHARE ANALYSIS 61
3.8 PATENT TRENDS 65
3.9 REIMBURSEMENT SCENARIO 67
3.10 TECHNOLOGICAL ADVANCEMENTS 70
3.10.1 ELECTROSURGICAL DEVICES 70
3.10.2 ELECTROSURGICAL PROCEDURES 71
3.11 FUNDING SCENARIO 73
3.12 SUPPLY CHAIN ANALYSIS 74

…CONTINUED

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