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  1. electrosurgical devices market to Undertake Strapping Growth by the End 2028 – The Insight Partners.
  3. The global electrosurgical devices market is expected to reach US$ 8,000.9 Mn in 2025 from US$ 4,828.4 Mn in 2017. The market is estimated to grow with a CAGR of 6.8% from 2018-2025.Rising demand of minimally invasive surgeries is expected to drive the growth of the market. However, risk factors associated with electrosurgical devices is expected to hamper the growth of the market. A minimally invasive medical procedure is generally carried out by entering the device in body through the skin or through a body cavity or anatomical opening, but with the smallest damage possible to these structures. Minimally invasive surgeries are being performed widely during the recent years. Usually minimally invasive surgery is implemented using an endoscope and other instruments containing electrosurgical units (ESUs). There has been a rise in the number of people opting for minimally invasive surgeries. Unlike traditional surgical procedures, a minimally invasive surgery requires only a small incision to be made. Since these incisions are tiny, the patient recovers at a faster rate comparatively, with less discomfort. Some of the benefits of a minimally invasive surgery include, few small cuts, less trauma to the muscles, nerves and tissues, less bleeding & scarring, less trauma to organs, less pain and reduced use of narcotics, less hospital time, and less effect on the immune system. Thus, the rising demand of minimally invasive surgeries is expected to fuel the growth of electrosurgical devices market over the forecast years.
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  9. Global electrosurgical devices market, based on application was segmented into general surgery, gynecology, urology, gastroenterology, arthroscopy and others. In 2017, general surgery segment held the largest share of the market, by application. Moreover, the general surgery segment is expected to grow at the fastest rate during the coming years owing to the increasing number of surgeries performed in the various countries.
  13. The major players operating in the electrosurgical devices market include Olympus Corporation, Medtronic, Ethicon US, LLC. Boston Scientific Corporation, B. Braun Melsungen AG, CONMED Corporation, Erbe Elektromedizin GmbH, Kirwan Surgical Products, LLC, BOVIE MEDICAL, and Parkell, Inc. For instance, in October 2015, Olympus Corporation launched the DualKnife J single-use electrosurgical knife in Japan. The knife is designed to be used in therapeutic endoscopy for removal of early stage tumors in the stomach, esophagus, colon, and other parts of the gastrointestinal tract. The developments performed by the companies are helping the market to grow in the coming years.
  17. Global Electrosurgical Devices Market, By Regions, 2017 (%)
  20. Source: The Insight Partners Analysis
  24. The report segments the global electrosurgical devices market as follows:
  28. · Global Electrosurgical Devices Market – By Product
  29. Electrosurgical Generators
  30. Active Electrodes
  31. Dispersive Electrodes
  32. Other
  33. · Global Electrosurgical Devices Market – By Application
  34. General Surgery
  35. Gynecology
  36. Urology
  37. Gastroenterology
  38. Arthroscopy
  39. Others
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  44. · Global Electrosurgical Devices Market – By Geography
  45. North America
  46. U.S.
  47. Canada
  48. Mexico
  49. Europe
  50. U.K.
  51. Germany
  52. France
  53. Asia Pacific (APAC)
  54. Japan
  55. China
  56. India
  57. Middle East & Africa (MEA)
  58. South Africa
  59. UAE
  60. Saudi Arabia
  61. South & Central America (SCAM)
  62. Brazil
  63. The List of Companies:
  64. Olympus Corporation
  65. Medtronic
  66. Ethicon US, LLC
  67. Boston Scientific Corporation
  68. B. Braun Melsungen AG
  69. CONMED Corporation
  70. Erbe Elektromedizin GmbH
  71. Kirwan Surgical Products, LLC
  72. BOVIE MEDICAL
  73. Parkell, Inc.
  74. About Us:
  75. The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
  76. Contact Us:
  77. If you have any queries about this report or if you would like further information, please contact us:
  78. Contact Person: Sameer Joshi
  79. E-mail: sales@theinsightpartners.com
  80. Phone: +1-646-491-9876
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