United States Electrosurgery Devices Market to Grow with Impressive CAGR until 2027
United States Electrosurgery
Devices Market is anticipated to grow with advancing technologies of the
surgical equipment, in the forecast period, 2023-2027F.
According to TechSci Research report on, “United
States Electrosurgery
Devices Market - By Region, Competition
Forecast & Opportunities, 2027”,
United States electrosurgery devices market might register an impressive CAGR
during the forecast period, 2023-2027, to establish growth due to factors like growing
demand for the minimally invasive medical devices. Growing prevalence of
diseases and surgical ventures further drives the growth of the United States
electrosurgery devices market in the upcoming five years. Also, increasing
instances of cell lyses as the surgical approach to minimize the tumor cells
and causing cell lyses further supports the growth of the United States electrosurgery
devices market in the next five years. Growing research, technological
advancement, and demands for the innovative medical devices and surgical
equipment to suffice the demands for minimally invasive technologies and
medical equipment also aids the market growth. Monopolar and bipolar surgeries
are also rapidly increasing in the recent years.
Urology, pneumology, gynecology, gastroenterology,
abdominal surgery, general surgery, etc. are some of the medical disciplines
that actively utilized the electrosurgical devices. Applications of the
electrosurgery devices in the cutting, coagulation, devitalization, and
thermofusion in the above mentioned disciplines further substantiates the
growth of the United States electrosurgery devices market in the forecast
years.
The government is actively investing the healthcare
industry. Development of the medical equipment requires consistent research and
evaluation for the scopes of advancement in the equipment, tools & medical
devices. Along with the resources to raw material for the production of medical
devices, the demand for efficient working, less use of power, and higher
accuracy, prolonged lifespan of the devices, and other factors support the
growth. The common population of the country along with the disposable income
is highly spending over healthcare services that aids to the market growth.
Moreover, the government also provide beneficiary healthcare plans for the
population that cannot afford the in-expensive services that also aids the
consumer welfare and invites investment in the industry and product
manufacturing thus benefitting the market and its growth.
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The United States electrosurgery devices market is
segmented by method, type, application, end user, competitional landscape, and
regional distribution.
Based on method, the market is differentiated
between monopolar and bipolar. Bipolar method of electrosurgery is anticipated
to hold the largest revenue shares of the market and dominate the market
segment in the upcoming five years on the account of enhanced safety and easier
usability of the bipolar method. Moreover, monopolar devices electrosurgery
devices are also expected to register significant growth in the next five years
on account of traditional usage. Although, bipolar methods are highly opted due
to several risks, including unintended burns, stimulation of tissues, and current
shunting. Higher prevalence of applications of bipolar method in neurology,
ophthalmology, and otolaryngology also aids to the growth of the market. By
type, the market is further segmented into electrosurgery generators,
electrosurgery instruments & accessories, and patient return electrodes.
Based on application, the market is fragmented into
general surgery, gynecology surgery, orthopedic surgery, cardiovascular
surgery, and others. General surgery is anticipated to hold the largest revenue
shares of the market and dominate the market segment in the upcoming five years
on grounds of increasing surgery instances over organs like esophagus, stomach,
small intestines, large intestines, liver, pancreas, gallbladder, appendix and
bile ducts. Rapid growth on the general surgeries is also due to growing
sedentary lifestyles of the population of the country and increasing instances
of lifestyle diseases.
A partial list of major market players of the United
States electrosurgery devices market includes:
·
Medtronic USA, Inc.
·
Boston Scientific Corporation
·
Stryker Corporation
·
B. Braun Medical, Inc.
·
Olympus Corporation of the Americas
·
Conmed Corporation
·
Johnson & Johnson
·
Bovie Medical Corporation
·
AtriCure, LLC
·
ATMOS Inc.
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“Hospitals & clinics
may dominate the scales of reporting highest demands for the electrosurgery
devices. Increasing instances of general surgeries along with the growing
patient burden further aids the growing demands from the hospital &
clinics. Availability of the finances and growing investment in the healthcare
infrastructures further aids the growth of the market. Healthcare industry in
the country is one of the most well established in the world. Increasing
expenses in the healthcare sector including infrastructure, medical devices,
equipment, etc. further substantiates the growth of the market,” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“United States
Electrosurgery Devices Market By Method (Monopolar v/s Bipolar), By Type
(Electrosurgery Generators, Electrosurgery Instruments & Accessories,
Patient Return Electrodes), By Application (General Surgery, Gynecology
Surgery, Orthopedic Surgery, Cardiovascular Surgery, Others), By End User (Hospitals
& Clinics, Ambulatory Surgical Centers, Others), By Region, Competition
Forecast & Opportunities, 2027” has evaluated the future growth potential of United
States electrosurgery devices market and provides statistics & information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in United
States electrosurgery devices market.
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