The World of “Electrosurgery” is Changing Fast Amid the COVID-19 Crisis. Find Out How You Can Keep Up
The global market for Electrosurgery is projected to reach US$5.3 billion by 2025 driven by the growing burden of surgical conditions and the ensuing need to reduce the associated economic and financial costs.
Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Electrosurgery market. Report segmentation includes Product (Generators, Argon & Smoke Management Systems, Instruments & Accessories); Surgery Type (General Surgeries, Gynecological Surgeries, Urological Surgeries, Orthopedic Surgeries, Cardiovascular Surgeries, Other Surgeries) ).
10 June 8:15 A.M., California/Marketwire/ - According to the new market research report, the global market for Electrosurgery is projected to reach US$5.3 billion by 2025 driven by the growing burden of surgical conditions and the ensuing need to reduce the associated economic and financial costs. Surgery represents an essential component of the healthcare system and improper surgical care, surgical errors, lack of appropriate surgical devices/instruments tend to significantly push up costs associated with post-surgical complications. Against the backdrop of the ongoing healthcare reforms, significant focus is therefore shed on the adoption of safe and effective surgical practices. In this regard, gaining immense attention are surgical technologies that increase accuracy and result in better surgical outcomes. At the very core of performing a surgery is making the incision with precision. Electrosurgeries have and still continue to remain that most effective technology that utilizes electrical current to slice through tissue.
Among the electrosurgical technologies in use, bipolar electrosurgery is generally considered safer with lower risk of patient burns as the technology utilizes low energy voltage. Monopolar electrosurgery, on the other hand, is more versatile and effective in cutting, blending, desiccation, and fulguration of tissues. Also gaining in prominence is the use of plasma as an entirely different energy source for electrosurgeries. Argon Plasma Coagulator (APC), also known as, The Argon Beam Coagulator (ABC) utilizes cold plasma technology and is superior when compared to conventional RF radio frequency based electrosurgery. Clinical benefits of utilizing plasma surgical technique include reduced destruction and necrosis of tissues; effective control of blood loss which is vital in all types of surgeries; and reduced need for blood transfusion etc.
Key Competitors Covered in the Report
Applied Medical Resources Corporation
ATMOS MedizinTechnik GmbH & Co. KG
B. Braun Melsungen AG
Boston Scientific Corporation
Bowa-Electronic GmbH & Co. KG
Erbe Elektromedizin GmbH
Ethicon US, LLC
Smith & Nephew, Plc
Symmetry Surgical, Inc.
Geographies Analyzed in the Report
Europe (France, Germany, Italy, United Kingdom, and Rest of Europe)
Rest of World
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 16372. Among this pool, 1637 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 327 unique participations, a total of 147 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world's only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
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