Electrosurgical Devices Market size, share, survey, strategy Reports Electrosurgical Devices Market - Global Industry A
Electrosurgical
Devices
Market
-
Global
Industry Analysis, Size, Share, Growth, Trends,
and Forecast 2016 - 2024
Global Electrosurgical Devices Market - Overview
The electrosurgical devices market is driven by growing number of minimal invasive
surgeries globally. With the changing face of medical field since the last decade, a
larger number of surgical procedures are moving out of the traditional ways and
they are replaced by minimally invasive techniques which is driving market of
electrosurgical devices globally. Furthermore the rising coverage of healthcare and
continuous increase in the geriatric population is expected to be the most vital
reason for expansion of the electrosurgical devices market growth. According to
WHO estimates, the global geriatric population is likely to reach around 2 billion
(22% of global population) by 2050, which was around 524 million in 2010. Geriatric
population is prone to several disease such as cancer, cardiac arrest,
gastrointestinal diseases etc., due to weak immunity. So, there is a huge need for
minimally-invasive surgeries for the treatment of such patients so as to avoid
healing time and hospital stay. This factor will increase the use of electrosurgical
devices further.
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Increasing focus on efficient health care systems in various developed countries is
expected to fuel growth of electrosurgical devices and procedures. Rising
government funding for research to develop advanced medical treatment and
target-specific surgical devices is expected to drive the global electrosurgical
devices market. Key players in the electrosurgical devices market are focusing more
on development of innovative electrosurgical devices and accessories. Leading
market players are focusing on new products and accessories with improved
coagulation and cutting properties, multimodality application, and tissue
vaporization applications to capitalize the growth opportunities in the market.
Global Electrosurgical Devices Market - Scope of the Report
The report is a combination of primary and secondary research. Primary research
formed the bulk of our research efforts, with information collected from telephonic
interviews and interactions via e-mail. Secondary research involved study of
company websites, annual reports, press releases, stock analysis presentations, and