Global Electrosurgery Equipment Market is projected to register a substantial CAGR of 5.2% in the forecast period of 2019 to 2026. The new market report contains data for the historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
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Drivers: Global Electrosurgery Equipment Market
- Increasing number of surgeries
- Growing number of minimally invasive surgeries
Restraint:
- Product recalls of various companies
Opportunity:
- Market growth in emerging countries
Challenge:
- Lack of trained professionals
Market Trends:
Global electrosurgery equipment market is segmented into four notable segments which are products, surgery, end user and distribution channel.
- On the basis of products, the market is segmented into electrosurgical instruments, electrosurgical accessories, electrosurgical generators and plasma and smoke management systems. The electrosurgical instruments segment is dominating the global electrosurgical equipment market as well as growing with the highest CAGR.
- On the basis of surgery, the market is segmented into gynecological surgery, cosmetic surgery, orthopedic surgery, general surgery, neurosurgery, urology surgery, cardiovascular surgery and others
- On the basis of end user, the market is segmented into hospitals, specialty clinics, ambulatory surgical centers and others
- On the basis of distribution channel, the market is segmented into direct and retail
Major Players: Global Electrosurgery Equipment Market
Some of the major players operating in this market are Medtronic, B. Braun Melsungen AG, Johnson & Johnson Services, Inc., CONMED Corporation, Erbe Elektromedizin GmbH, Olympus Corporation, Boston Scientific Corporation, Kirwan Surgical Products, LLC., Symmetry Surgical, Smith & Nephew, ATMOS MedizinTechnik GmbH & Co. KG, Parkell, Inc., BOWA-electronic GmbH & Co. KG, KLS Martin Group, Applied Medical Resources Corporation, Utah Medical Products, Inc., XCELLANCE Medical Technologies, PRIMA MEDICAL GROUP, Stryker, Tecno Instruments, Electro Surgical Instrument Company, International Group Medical Technology and Electronics GmbH, among others.
