[January 23, 2017]

Electrosurgery Market by Product and Type of Surgery - Global Forecast to 2021: Covidien plc, Ethicon and Olympus Dominate the $5.17 Billion Market - Research and Markets

Research and Markets has announced the addition of the "Electrosurgery Market by Product and Type of Surgery - Global Forecast to 2021" report to their offering.

The Global Electrosurgery Market is Estimated to Grow at a CAGR of 3.9% from 2016 to 2021 to Reach USD 5.17 Billion by 2021

Factors such as technological advancements in electrosurgery devices, growing number of medical, aesthetic and plastic surgeries, rising demand for minimally invasive surgeries, and growing number of ambulatory surgery centers are driving the growth of this market. On the other hand, healthcare reforms in the U.S., frequent product recalls, and risks associated with electrosurgical procedures are some of the key factors limiting the growth of the global electrosurgery market.

The global electrosurgery market is highly competitive, with a large number of global and local players. In 2015, the global electrosurgery market was dominated by Covidien plc (Medtronic) (Ireland), Ethicon, Inc. (U.S.) (subsidiary of Johnson & Johnson (U.S.)), and Olympus Corporation (Japan). New product launches and geographical expansions were the maor strategies adopted by market players to achieve growth in the electrosurgery market.

Market Dynamics

Drivers

• Technological Advancements in Electrosurgical Instruments
• Rising Number of Medical, Cosmetic, and Plastic Surgeries
• Increasing Demand for Minimally Invasive Surgeries
• Rising Number of Ambulatory Surgery Centers
• Growing Number of Age-Related Surgeries

Restraints

• Healthcare Reforms in the U.S.
• Frequent Product Recalls
• Risks Associated With Electrosurgical Procedures

Opportunities

• Emerging Countries
• Expected Increase in the Number of Bariatric Procedures Due to Growing Obesity Prevalence

Challenges

• Increasing Pricing Pressure on Market Players
• Stiff Competition Among Market Players

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Insights

7 Global Electrosurgery Market, by Product

8 Global Electrosurgery Market, by Type of Surgery

9 Electrosurgery Market, by Region

10 Competitive Landscape

11 Company Profiles

• Applied Medical Resources Corporation
• B. Braun Melsungen AG
• Bovie Medical Corporation
• Bowa-Electronic Gmbh & Co. Kg
• Conmed Corporation
• Erbe Elektromedizin Gmbh
• Johnson & Johnson
• Medtronic Plc
• Megadyne Medical Products, Inc.
• Olympus Corporation

For more information about this report visit http://www.researchandmarkets.com/research/q5jcg2/electrosurgery

View source version on businesswire.com: http://www.businesswire.com/news/home/20170123005577/en/

[ Back To TMCnet.com's Homepage ]