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timestechnow · 3 months
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helthcareheven · 6 months
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Electrosurgery Unplugged: Trends in the Devices Market
The electrosurgical devices market has witnessed significant growth over the past few years owing to the increasing demand for minimally invasive surgeries. Electrosurgical devices play a vital role in minimally invasive surgeries by facilitating precise dissection and hemostasis. They offer benefits such as reduced blood loss, minimized post-operative pain and scarring, shorter hospital stays, and faster recovery times. Technological advancements have further enhanced the capabilities of these devices, allowing complex procedures to be performed using minimal incisions. The Global electrosurgical devices market is estimated to be valued at US$ 6,892.4 Mn in 2024 and is expected to exhibit a CAGR of 6.8% over the forecast period 2023 to 2030.
Key Takeaways
Key players operating in the electrosurgical devices market are Bovie Medical Corporation, Medtronic Plc, BOWA-Electronic GmbH & Co. KG, KLS Martin, B. Braun Melsungen AG, Conmed, Olympus Corp., Boston Scientific Corporation, Erbe Elektromedizin GmbH, Symmetry Surgical Inc., Encision Inc., Gala Therapeutics, Inc., Apyx Medical Corporation, and Johnson & Johnson Services, Inc. These players are focusing on new product launches and strategic collaborations to strengthen their market position.
The growing demand for minimally invasive surgeries from patients due to advantages such as shorter recovery time, minimal scarring and hospital stay is expected to propel the growth of electrosurgical devices market. Furthermore, rising prevalence of chronic diseases such as cancer that require surgical treatment using advanced devices is fueling the sales of electrosurgical devices.
The market is also witnessing increased global expansion activities by key players. For instance, several market players are enhancing their international presence by entering into strategic partnerships with local distributors in emerging markets of Asia Pacific, Latin America, and Middle East & Africa. This is expected to broaden their customer reach.
Market drivers Rising Geriatric Population- The rising geriatric population is increasing the risk of target diseases such as cancer that require surgical intervention. This is driving the demand for electrosurgical devices in various medical procedures performed on the older population. Furthermore, age-related impairments increase the preference for minimally invasive surgeries, thereby propelling the adoption of electrosurgical equipment.
Impact of geopolitical situation on the growth of Electrosurgical Devices Market The geopolitical tensions and uncertainties across different regions are expected to impact the growth of the electrosurgical devices market. Higher defense budgets and geopolitical risks have increased the number of surgeries for both military and civilian populations. The ongoing Russia-Ukraine war has led to a spike in demand for electrosurgical equipment to handle trauma-related surgeries for injured soldiers and civilians. However, restrictions on import and export of medical devices between some countries due to political conflicts could hamper the easy availability of electrosurgical devices in the affected markets temporarily. Suppliers will need to rely more on locally manufactured devices or find alternative sourcing routes to cater to the demand from these regions. Overall geo-political stability and peace across various parts of the world will be critical for the sustained growth of the electrosurgical devices market in the long run.
The North American region currently accounts for the largest share of the electrosurgical devices market in terms of value. This can be attributed to factors such as the large patient population undergoing various surgeries, rising prevalence of chronic diseases, ongoing technological advancements, and growing awareness about minimally invasive surgical procedures.However, the Asia Pacific region is poised to grow at the fastest CAGR during the forecast period on account of improving healthcare infrastructure, rapidly increasing medical tourism sector across countries like India and Thailand, and rising discretionary spending on healthcare across densely populated nations like China and India.
The European region currently has a significant share in the electrosurgical devices market owing to the presence of major players, growing demand for aesthetics treatments, and rising preference for minimal invasive surgeries. The adoption of technologically advanced electrosurgical devices is higher in Western European countries compared to Eastern Europe due to better accessibility and affordability of healthcare facilities. Countries like Germany, United Kingdom, and France are some of the major revenue contributors.
Electrosurgical Devices Market: Fastest growing geographical region
The Asia Pacific region is expected to grow at the fastest rate for the electrosurgical devices market during the forecast period. This can be attributed to the rising healthcare expenditure, growing demand for advanced medical technologies, increasing surgical procedures, and rapid improvements in healthcare infrastructure across major countries in the region.
There is a massive patient pool in the Asia Pacific region suffering from various chronic diseases due to changing lifestyles and growing geriatric population. This has significantly driven the demand for surgical procedures using electrosurgical equipment over the years. Moreover, proliferating medical tourism industry with patients traveling to locations such as India, Thailand, and Singapore for cost-effective surgeries has augmented the adoption of electrosurgical devices.
The Asia Pacific countries are also witnessing substantial investments by leading medical device manufacturers looking to tap into the lucrative growth opportunities. Additionally, favorable government initiatives to modernize healthcare facilities and promote affordable healthcare are contributing to market expansion. Improving reimbursement scenarios will further boost the adoption of premium electrosurgical devices. Overall, the Asia Pacific region offers immense untapped growth potential for players in the electrosurgical devices market.
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besttechnologycoltd · 1 month
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BST Ceramic PCB: Your partner in Ceramic PCB solutions
In demanding electronic applications where performance is essential, traditional PCBs often fall short. That is where ceramic PCBs come in, offering a leap forward in reliability, thermal management, and overall efficiency.
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suvsystemltd · 4 months
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TLV1117 Low-Dropout Voltage Regulator for Medical Equipment
When it comes to #medicalequipment, precision and reliability are non-negotiable. The TLV1117 Low-Dropout Voltage Regulator is a game-changer in ensuring stable power management for critical #medicaldevices. From #medicalmonitors to imaging equipment, and other electronic medical tools, the TLV1117 stands out for its efficiency and performance. Let’s delve into why this regulator is a preferred choice for medical equipment manufacturers.
Medical Monitors
Medical monitors are vital for continuous patient observation, and tracking vital signs like heart rate, blood pressure, and oxygen levels. This voltage regulator provides these monitors to receive a stable and precise #voltage, crucial for accurate readings and dependable performance.
Medical Imaging Equipment
Imaging equipment such as #MRI and #CTscanners require consistent power to operate effectively. The TLV1117 voltage regulator provides the necessary voltage stability, enhancing image clarity and ensuring the equipment functions without interruption.
Medical Electronic Equipment
In #medicalelectronics, from infusion pumps to handheld diagnostic tools, the TLV1117 Low-Dropout Voltage Regulator delivers reliable power management, supporting the intricate functions of these essential devices.
With its robust design and dependable performance, the TLV1117 Low-Dropout Voltage Regulator is an integral component in the seamless operation of medical equipment, promoting better patient outcomes and advancing medical technology.
For the best prices and bulk purchases of TLV1117 for worldwide delivery, contact SUV System Ltd at [email protected] or Skype at [email protected]
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indq · 2 years
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Hello Pals,
Here's INDQ design house - working on the Medical innovations and technologies adapting tumblr to reach out to the larger audience and share our narratives, stories, experiences, insights, and ideas.
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educationmentor · 3 years
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Dayananda Sagar College Of Engineering, Bangalore Course: Medical Electronics Engineering Admissions Open 2021 Contact: 8618652022 | 9738853525 | 8618652022 #dayanandasagarcollege #dayanandasagarcollegebangalore #dayanandasagarcollegeofengineering #dayanandasagarinstitutions #dayanandasagarcollegeadmissions #dayanandasagarcollegefeesstructure #admissionmentor #admissionsopen #medicalelectronics https://www.instagram.com/p/CStmdb0i3b3/?utm_medium=tumblr
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Dayananda Sagar College of Engineering, Bangalore Admissions Open 2021 Courses Offered: BE - Medical Electronics Engineering Contact: 8951831980 | 9035080197 | 8951841984 #dayananda #dayanandacollege #admission #admissionopen #bangalore #be #engineering #medical #medicalelectronics (at Dayananda Sagar College of Engineering 2012-16batch) https://www.instagram.com/p/CQYbMnwjIqd/?utm_medium=tumblr
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univisiontechnology · 4 years
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The Indian electronics industry saw growth in the early years of the 21st century, Encouraged both by government policies and incentives and by international investment. Its key and mainly resource-intensive division, the semiconductor business benefitted from household demand rising briskly. Semiconductors were essential by a huge number of industries, including information technology, automobile, engineering, power & solar Photovoltaic, telecommunications, , industrial machinery and automation, medical electronics, defense and aerospace, consumer electronics, and appliances.
Phone: +91-080 4890 9199 E-mail: [email protected] For More Details: www.univisiontechnocon.com
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radiocomunications · 5 years
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#tentiometre repair, #medicalelectronics #smd #microsoldadura ,#serviciotecnico #instrumentation #presure (en Turmero) https://www.instagram.com/p/ByibxmzjH1N/?igshid=nep84r1uks7b
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mermarinc · 5 years
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bashyamgraphics · 4 years
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sanatvajpayee · 4 years
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shiksha4u · 5 years
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eitplems-blog · 6 years
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PCB Assembly, PCBA, PCB Assembly Manufacturing service, EMS service, Smt Job works
The East India Technologies Pvt Ltd offers PCB assembly services in India,USA, also offers Electronic manufacturing and automated reflow soldering with through hole and smd technology,Electronics Manufacturing Services(EMS) with SMT Assembly,Thru-Hole PCB Assembly, Micro BGA Assembly, PCB CAD, Reflow Soldering,Wave Soldering,Mixed Technology, Printed Circuit Board Assembly build as per IPC Standards,high-quality military grade, PCB assemblies, Printed Circuit Board Assembly & Manufacturing,pcb design services,Cad,PCB Wave Soldering and Reflow Soldering Services.
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careerokay · 7 years
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Bio Medical/Electronics Lab Technician required at Hospital Solutions Karachi - Pakistan - 22k - 30k ( PKR ) 3 Years Min Experience / Morning Shift / Full-Time Job Apply now: http://ift.tt/2BDv3tE Tag if you know anyone relevant.
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univisiontechnology · 4 years
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The Indian electronics industry saw growth in the early years of the 21st century, Encouraged both by government policies and incentives and by international investment. Its key and mainly resource-intensive division, the semiconductor business benefitted from household demand rising briskly. Semiconductors were essential by a huge number of industries, including information technology, automobile, engineering, power & solar Photovoltaic, telecommunications, , industrial machinery and automation, medical electronics, defense and aerospace, consumer electronics, and appliances. Phone: +91-080 4890 9199 E-mail: [email protected] For More Details: www.univisiontechnocon.com
#automobile  #telecommunications #informationtechnology #automationtesting #aerospace #medicalelectronics #telecommunications #Mobile #Networking #Multimedia #Customerservice #Bangalore #newtechnology #univisiontechnoconsulting #Univisiontechnology
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