India Electrosurgical Devices Market, by Product Type (Electrosurgery Instruments (Bipolar Instruments and Monopolar Instruments), Electrosurgery Accessories (Cords, Cables, and Adapters, Patient Return Electrodes or Dispersive Electrodes, and Foot Switches, Carts, and Tip Cleaners), and Electrosurgery Generators and Smoke Evacuation Systems), by Application (General Surgery, Cosmetic Surgery, Orthopedic Surgery, Gynecological Surgery, Cardiovascular Surgery, Ophthalmology Surgery, and Others), by End User (Hospitals and Clinics and Ambulatory Surgical Centers) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
The electrosurgical device is a surgical aid used for tissue incision, tissue destruction through desiccation, and hemostasis maintenance. This is achieved through a high frequency and high powered generator which produces a radiofrequency spark among a probe and surgical site and results in localized heating and tissue damage. An electrosurgical generator can be operated in two modes: monopolar and bipolar mode. Electrosurgery is carried out regularly in eye surgery to cut, dissect, fulgurate, coagulate, shrink, and ablate tissue. Electrosurgical generators work by producing electrical waveforms. Desired tissue effect is obtained as these waveforms modifies. Electrosurgical devices create high current which may injure operator and patient if handled improperly. Several issues such as surgical fires, and burns may occur while operating electrosurgical units. These safety issues can be overcome by precautions and proper training.
Market Dynamics
The increasing burden of non-communicable diseases and increasing medical tourism in India, rising research and development activities for the development of novel electrosurgical devices, and increasing adoption of inorganic growth strategies such as mergers, acquisitions, partnerships, and collaborations by key players operating in the market are the major factors that are expected to drive the growth of India electrosurgical devices market over the forecast period.
For instance, in 2021, according to the statistical data published by Ministry of Tourism, India, 182,945 medical tourists arrived in India in 2021. Medical tourism for cosmetic and aesthetic plastic surgeries in India is increasing rapidly due to lower price of cosmetic surgeries as compared to other developed and emerging economies.
Key features of the study:
This report provides an in-depth analysis of the India electrosurgical devices market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in India electrosurgical devices market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study include Medtronic plc., CONMED Corporation , Ethicon, Inc., Symmetry Surgical Inc., B. Braun Melsungen AG, Olympus Corporation, Erbe Elektromedizin GmbH, Innoblative Designs, Inc., Stryker Corporation, OmniGuide Inc., and PENTAX Medical
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
India electrosurgical devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the India electrosurgical devices market
Detailed Segmentation:
India Electrosurgical Devices Market, By Product Type:
Electrosurgery Instruments
Bipolar Instruments
Monopolar Instruments
Electrosurgery Accessories
Cords, Cables, and Adapters
Patient Return Electrodes or Dispersive Electrodes
Foot Switches, Carts, and Tip Cleaners
Electrosurgery Generators and Smoke Evacuation Systems
India Electrosurgical Devices Market, By Application:
General Surgery
Cosmetic Surgery
Orthopedic Surgery
Gynecological Surgery
Cardiovascular Surgery
Ophthalmology Surgery
Others
India Electrosurgical Devices Market, By End User:
Hospitals and Clinics
Ambulatory Surgical Centers
Company Profiles
Medtronic plc.*
Company Overview
Material Portfolio
Financial Performance
Key Highlights
Market Strategies
CONMED Corporation
Ethicon, Inc.
Symmetry Surgical Inc.
B. Braun Melsungen AG
Olympus Corporation
Erbe Elektromedizin GmbH
Innoblative Designs, Inc.
Stryker Corporation
OmniGuide Inc.
PENTAX Medical
“*” marked represents similar segmentation in other categories in the respective section.
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