Global Electrosurgery Devices Market Report Revealing Opportunities, Top Players Strategies, Growth Factors with Industry Trends and Forecast till 2022

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Rockville, US, 2018-Apr-26 — /EPR Network/ — A freshly compiled business intelligent report, titled Electrosurgery Devices Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This 170 page study delivers all the vital details and information required to know about electrosurgery devices market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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Patients are preferring electrosurgery owing to their benefits such as minimal chances of infection, faster recovery time, easy of usage, and low risk to patients. The governments are increasing their focus on making investments for developing target-specific surgical devices, and advanced medical treatment. Key market players are concentrating more on the development of innovative electrosurgery devices and accessories. Leading players in the market are focusing on developing new products and accessories, which would render improved cutting and coagulation properties, tissue vaporization applications, and multimodality application, with an aim to capitalize market growth opportunities. The global market for electrosurgery devices is estimated to exhibit a steady growth, to reach approximately US$ 8,000 Mn in revenues by 2022-end

Hospitals to be the Largest End-users of Electrosurgery Devices in the Market

Based on end-users, electrosurgery devices sales in specialized clinics will register the highest CAGR through 2022. Hospitals are estimated to remain dominant in the global market for electrosurgery devices. In addition, revenues from sales of electrosurgery devices in ambulatory surgical centres will account for more than one-fourth market share by 2022-end. Ambulatory surgical centres will be the second largest end-users of electrosurgery devices in the market by 2022-end.

By product type, over half share of the market will be held by the radiofrequency electrosurgery devices, in terms of revenues, during 2017 and 2022. In addition, the radiofrequency electrosurgery devices are expected to remain top-selling product, with sales exhibiting the fastest expansion through 2022. However, demand for the ultrasonic electrosurgery devices are anticipated to remain sluggish during the forecast period.

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North America to Remain Dominant in the Global Electrosurgery Devices Market

In 2017, North America will be dominant in the global market for electrosurgery devices in terms of revenues, and this trend will prevail through 2022. The electrosurgery devices market in Europe is estimated to grow at a relatively higher CAGR than North America between 2017 and 2022.

Sales of electrosurgery devices in gynecological surgery application are projected to hold the largest revenue share of the market by 2022-end. In addition, electrosurgery devices sales in urology, and gynecological surgery applications will register a parallel growth at similar CAGRs through 2022. Sales of electrosurgery devices for application in dermatology will register the fastest growth 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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