Electrocautery Devices Market by Type and Geography - Global Forecast and Analysis 2019-2023
Global Electrocautery Devices Market: About this market
Technavio’s electrocautery devices market analysis considers sales from both reusable electrocautery devices and disposable electrocautery devices types. Our analysis also considers the sales of electrocautery devices in Asia, Europe, North America, and ROW. In 2018, the reusable electrocautery devices segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the availability of a wide range of reusable electrocautery devices in the market with different working temperatures and electrode tips will play a significant role in the reusable electrocautery devices segment to maintain its market position. Also, our global electrocautery devices market report looks at factors such as the increasing number of surgeries that require electrocauterization, advantages associated with electrocautery when compared with electrosurgery, and favorable reimbursement scenario. However, factors such as the availability of alternatives, bacterial contamination of electrocautery tips and other risks, and stringent regulations may hamper the growth of the electrocautery devices industry over the forecast period.
Global Electrocautery Devices Market: Overview
Advantages associated with electrocautery when compared with electrosurgery
Generally, a very high-frequency current is passed through the patients’ tissues in electrosurgery. This can cause injury to both patient and surgeon if ESUs are improperly used and maintained. This is driving the demand for electrocautery that allows direct application of current to the targeted treatment area without doing any harm to the patient or surgeons. Also, electrocautery is a simpler and medically safer process which can even be performed for cosmetic procedures during pregnancy. Such advantages associated with electrocautery will lead to the expansion of the global electrocautery devices market at a CAGR of almost 5% during the forecast period.
Growing demand for cosmetic and plastic surgeries
Electrocautery is performed during plastic surgeries, including abdominal lipectomy, burn procedures, tendon repair, blepharoplasty, mammoplasty, and rhinoplasty. This device is also used in destroying the abnormal growth in the skin and control bleeding during dermatological procedures. The increasing number of women undergoing cosmetic procedures will boost the demand for electrocautery devices. This is expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global electrocautery devices market during the forecast period 2019-2023, click here.
With the presence of several major players, the global electrocautery devices market is moderately fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electrocautery devices manufacturers, that include Able Scientific, AMI Inc., Beaver-Visitec International Holdings Inc., Delasco, FIAB Spa, McKesson Corp., Medline Industries Inc., Pro Advantage, Symmetry Surgical Inc., and World Precision Instruments.
Also, the electrocautery devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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