According to a new market research study titled Electrosurgical Devices Market to 2025 – Global Analysis and Forecasts by Product and Application. 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. The market is expected to grow due to growing geriatric population & associated rise in chronic diseases, however, the risk factors associated with electrosurgical devices is hindering the market.

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. The report highlights the trends prevalent in the global electrosurgical devices market and the factors driving the market along with those that act as restraints to its growth. The global electrosurgical devices market is witnessing a sheer rise in the current scenario and is expected to expand in the coming years. 

In the recent years various new methods have evolved in the electrosurgical devices market. Numerous methods are becoming popular to be used for the surgical procedures. The argon plasma coagulation (APC) is an advanced form of electro surgery developed to be used in the treatment tumors of the lung and esophagus. It is also a non-invasive method for helping to improve the symptoms of cancer, such as excessive bleeding and airway obstruction. 

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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.

Electrosurgical products are being used for the benefit of the patients in terms of surgical procedures, time for the surgery, minimal scars during the surgery. However, in the recent decades, many of the electrosurgical products have been recalled by the FDA. The major reason behind the recalls is the efficiency and accuracy of the products. The electrosurgical devices, if left lying on the patient, could result into hazardous for the patient. In the last few years many of the electrosurgical devices have been recalled due to these factors. 

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.

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