Increased Frequency of Surgeries Spurring Demand for Electrosurgery Devices – Fact.MR Study

Key Segments Covered

• Product Type

  • Radiofrequency Electrosurgery Devices
  • Electrocautery Devices
  • Ultrasonic Electrosurgery Devices

• End User

  • Electrosurgery Devices for Hospitals
  • Electrosurgery Devices for Ambulatory Surgical Centers
  • Electrosurgery Devices for Specialized Clinics

• Application

  • Electrosurgery Devices for General Surgery
  • Electrosurgery Devices for Cardiac Surgery
  • Electrosurgery Devices for Gynecological Surgery
  • Electrosurgery Devices for Ophthalmology
  • Electrosurgery Devices for Dermatology
  • Electrosurgery Devices for Urology
  • Electrosurgery Devices for Other Applications

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Electrosurgery Devices Market- Scope of Report

A recent study by Fact.MR on the electrosurgery devices market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with offering electrosurgery devices.

The study also provides the dynamics responsible for influencing the future status of the electrosurgery devices market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report.

A list of prominent companies operating in the electrosurgery devices market, along with their product portfolios, enhances the reliability of this comprehensive research study.

Report Summary

The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of electrosurgery devices across the globe.

A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of electrosurgery devices during the forecast period. Price point comparison by region with global average price is also considered in the study.

Analysis on Market Size Evaluation

The market has been analyzed for each segment in terms of volume (‘000 Units) and value (US$ Mn).

Estimates at global and regional levels for electrosurgery devices are available in terms of “US$ Mn” for value and in “‘000 Units” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global electrosurgery devices market.

Inspected Assessment on Regional Segments

Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the electrosurgery devices market during the forecast period.

Country-specific valuation on demand for electrosurgery devices has been offered for each region, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value & volume for emerging countries has also been included in the report.

In-depth Analysis on Competition Analysis

The report sheds light on leading manufacturers of electrosurgery devices, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in offering electrosurgery devices has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the electrosurgery devices domain.

12 Key Estimations from Fact.MR’s Report on the Global Electrosurgery Devices Market

1. By product type, more than half the revenue share of the market is expected to be held by radiofrequency electrosurgery devices during 2017 and 2022.
2. The radiofrequency electrosurgery devices will remain the top-selling product in the global market, with sales exhibiting the highest CAGR through 2022.
3. Demand for ultrasonic electrosurgery devices will continue to be sluggish throughout the forecast period.
4. On the basis of end-users, sales of electrosurgery devices in specialized clinics are estimated to register the fastest expansion through 2022.
5. Hospitals are anticipated to remain the largest end-users of electrosurgery devices in the overall market.
6. Revenues from ambulatory surgical centers are expected to account for over one-fourth share of the market throughout the forecast period. Ambulatory surgical centers are expected to become the second most lucrative end-users of electrosurgery devices by 2022-end.
7. Sales of electrosurgery devices for application in gynecological surgery are expected to account for the largest revenues by 2022-end.
8. Sales of electrosurgery devices in gynecological surgery, and urology applications are estimated to register a parallel expansion at 5.6% CAGR through 2022.
9. Electrosurgery device sales for application in dermatology are expected to register the highest CAGR through 2022.
10. In terms of revenues, North America is estimated to be dominant in the global electrosurgery devices market in 2017, and this trend is further estimated to prevail over the forecast period.
11. The market in Europe will continue to expand at a comparatively higher CAGR than North America through 2022.