London, 15 September 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global Electrosurgical Devices Market 2014-2018.
About Electrosurgical Devices
Electrosurgical devices are used to remove tissue as well as coagulate and control bleeding during surgeries by using a high-frequency electric current. The two most commonly used electrosurgical modalities are: monopolar and bipolar. These devices serve highly innovative, technical and fast-paced areas such as gynecological, dermatological, cardiac, orthopedic, urological and general surgical procedures.
The Global Electrosurgical Devices Market is expected to show a high growth rate, with a CAGR of 5.97 percent during the forecast period.
The report highlights the rapidly increasing elderly population that has spurred growth in the health industry. In addition, changing lifestyles and eating habits have resulted in increased incidence of disease, thereby propelling the need for electrosurgical devices. Some key end users highlighted in this report include:
- Hospitals
- Surgical Centers
- Medical Clinics
“Minimally invasive surgeries are gaining popularity because of advantages such as fast recovery, less pain, fewer post-surgery infections, reduction in post-surgery scars, less bleeding, and heightened accuracy,” says Faisal Ghaus, Vice President of TechNaviol.
“In addition, robotic technology is used to achieve a high degree of precision in delicate procedures, thus providing an additional boost to the market.”
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Increasing Elderly Population
- For a full detailed list, view our report.
Market Challenges:
- High Risk of Side Effects
- For a full detailed list, view our report.
Market Trends:
- Rise in Demand for Minimally Invasive Surgeries
- For a full detailed list, view our report.
Key Vendors:
- Bovie Medical Corp.
- Conmed Corp.
- Covidien plc
- ERBE Elektromedizin GmbH
Other Prominent Vendors:
- AdeorMedical
- B.
- Braun Melsungen
- Boston Scientific
- Ethicon
- KLS Martin
- Olympus
- Symmetry Medical
- Utah Medical Products
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