(EMAILWIRE.COM, February 22, 2019 ) The global Electrosurgery Market is expected to grow at a CAGR of 3.9% between 2016 and 2021. Factors such as technological advancements in electrosurgical devices, growing number of medical, aesthetic, and plastic surgeries, rising demand for minimally invasive surgeries, increasing 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 market.

The major players in the global electrosurgery market include Covidien plc (Ireland) (subsidiary of Medtronic (Ireland)), Ethicon, Inc. (U.S.) (subsidiary of Johnson & Johnson (U.S.)), Olympus Corporation (Japan), CONMED Corporation (U.S.), Erbe Elektromedizin GmbH (Germany), Bovie Medical Corporation (U.S.), B. Braun Melsungen AG (Germany), and BOWA-electronic GmbH & Co. KG (Germany).

Analysis of the market developments between 2013 and 2016 reveals that product launches, regulatory approvals, and expansions were the most widely adopted growth strategies by players in the global electrosurgery market. Players adopted these strategies to strengthen their product portfolios and maintain a competitive position in the market.

Feel Free to Talk to Our Research Experts@
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=142006761

Ethicon, Inc. (U.S.), Olympus Corporation (Japan), Erbe Elektromedizin GmbH (Germany), Bovie Medical Corporation (U.S.), and BOWA-electronic GmbH & Co. KG (Germany) are some of the key players that primarily adopted these strategies. Acquisitions, agreements, and partnerships are some other strategies adopted by market players.

Covidien plc (Medtronic) (Ireland) held the leading position in the global electrosurgery market in 2015. The company’s electrosurgery product portfolio is segmented in four broad categories–electrosurgical hardware, electrosurgical instruments, smoke evacuation systems, and vessel sealing. The company focuses on product innovation as its key growth strategy to sustain its leadership position in the electrosurgery market. For instance, in 2015, the company invested USD 2.22 billion on R&D activities, as compared to USD 1.64 billion in 2014; an increase of 35.6% as compared to that of the previous year.

Ethicon, Inc. (subsidiary of Johnson & Johnson (U.S.)) held the second position in the electrosurgery market in 2015. The company offers products in advanced energy, ligation, hernia repair & fixation, surgical stapling, uterine & pelvic surgery, wound closure, and biosurgery. The company primarily focuses on expanding its electrosurgery product portfolio through the development and launch of technologically advanced products in order to strengthen its footprint in the market. For instance, in October 2016, the company launched HARMONIC HD 1000i Shears, its new high-precision ultrasonic shears.

Read More Detailed Article@
https://www.marketsandmarkets.com/Market-Reports/electrosurgery-market-142006761.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com