Published by Wanda Rich
Posted on September 29, 2021
Over the years, preference for minimally invasive surgical procedures has increased. This is attributed to several technological advancements to reduce trauma to patients. Growing adoption of laparoscopic procedures for colorectal cancer surgery, hernia repair, and plastic surgery has augmented demand for monopolar electrosurgical devices. In addition, automation in laparoscopic procedure has provided immense boost to its growing acceptance.
On the back of the aforementioned trends, the global monopolar electrosurgery market is set to embark on a moderate growth path, expanding at a CAGR of 4.1% during the forecast period (2020-2025). Furthermore, rise in demand for cost-effective monopolar electrosurgery devices in developing economies due to increase in laparoscopic procedures is also anticipated to fuel the global monopolar electrosurgery market growth.
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https://www.factmr.com/connectus/sample?flag=S&rep_id=4845
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Fact.MR has studied the global monopolar electrosurgery market with detailed segmentation on the basis of product, application, end user and region.
Product
Application
End User
Region
Full Access of This Report Is Available At
https://www.factmr.com/checkout/4845
Asia Pacific promises substantial growth opportunities for key players operating in the global monopolar electrosurgery market. Increasing patient pool has motivated key players to establish their business in the region. Moreover, favorable reimbursement policies for minimally invasive procedures will further augment the regional market growth. Asia Pacific’s market is poised to expand at a CAGR of 4.7% through 2025.
However, North America will continue retain its lead in the monopolar electrosurgery market, accounting for one-third of the global market value. Increased demand for technologically advanced products and rise in FDA approvals are anticipated to push the growth prospects of North America’s market.
The COVID-19 pandemic may register a downturn in the monopolar electrosurgery market, owing to deferment of elective laparoscopic procedures by patients. However, leading manufacturers are ensuring that there is the least possible supply chain disruption in their production capacities.
Medtronic, for instance, is negotiating with healthcare providers, suppliers and governments to ensure delivery of life-saving products. Additionally, the company is distributing ventilators across various healthcare settings to care for COVID-19 patients.
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About Fact.MR
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Reach out to us with your goals, and we’ll be an able research partner.
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Tel: +1 (628) 251-1583
Corporate Headquarter:
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Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
The post Latest 2021 Report : Electrosurgical Generators Market Size, Share, Application With Growth and Business Strategies Forecast appeared first on The Cloud Tribune.
Over the years, preference for minimally invasive surgical procedures has increased. This is attributed to several technological advancements to reduce trauma to patients. Growing adoption of laparoscopic procedures for colorectal cancer surgery, hernia repair, and plastic surgery has augmented demand for monopolar electrosurgical devices. In addition, automation in laparoscopic procedure has provided immense boost to its growing acceptance.
On the back of the aforementioned trends, the global monopolar electrosurgery market is set to embark on a moderate growth path, expanding at a CAGR of 4.1% during the forecast period (2020-2025). Furthermore, rise in demand for cost-effective monopolar electrosurgery devices in developing economies due to increase in laparoscopic procedures is also anticipated to fuel the global monopolar electrosurgery market growth.
For detailed insights on enhancing your product footprint, request a sample here-
https://www.factmr.com/connectus/sample?flag=S&rep_id=4845
Have A Query? Ask An Analyst
https://www.factmr.com/connectus/sample?flag=AE&rep_id=4845
Fact.MR has studied the global monopolar electrosurgery market with detailed segmentation on the basis of product, application, end user and region.
Product
Application
End User
Region
Full Access of This Report Is Available At
https://www.factmr.com/checkout/4845
Asia Pacific promises substantial growth opportunities for key players operating in the global monopolar electrosurgery market. Increasing patient pool has motivated key players to establish their business in the region. Moreover, favorable reimbursement policies for minimally invasive procedures will further augment the regional market growth. Asia Pacific’s market is poised to expand at a CAGR of 4.7% through 2025.
However, North America will continue retain its lead in the monopolar electrosurgery market, accounting for one-third of the global market value. Increased demand for technologically advanced products and rise in FDA approvals are anticipated to push the growth prospects of North America’s market.
The COVID-19 pandemic may register a downturn in the monopolar electrosurgery market, owing to deferment of elective laparoscopic procedures by patients. However, leading manufacturers are ensuring that there is the least possible supply chain disruption in their production capacities.
Medtronic, for instance, is negotiating with healthcare providers, suppliers and governments to ensure delivery of life-saving products. Additionally, the company is distributing ventilators across various healthcare settings to care for COVID-19 patients.
Explore Fact.MR’s Comprehensive Coverage on Chemical & Materials Landscape
Liquid Polybutadiene Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2021 to 2031
Alkylate Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2021 to 2031
Polyurethane Dispersion Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2021 to 2031
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions.We have offices in US and Dublin, whereas our global headquarter is in Dubai.While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed.
Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
The post Latest 2021 Report : Electrosurgical Generators Market Size, Share, Application With Growth and Business Strategies Forecast appeared first on The Cloud Tribune.
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