Market Overview:
The global electrocautery devices market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of cancer. In addition, the growing geriatric population is also contributing to the growth of this market. Based on type, reusable electrocautery devices are expected to dominate the global electrocautery devices market during the forecast period from 2018 to 2030. This can be attributed to their low cost and easy availability as compared with disposable electrocautery devices. Based on application, hospitals are expected to account for a major share of the global electrocautery devices market during the forecast period from 2018to 2030 owingto their large patient base and increasing demand for minimally invasive surgeries.
Product Definition:
An electrocautery device is a medical tool that uses electrical current to heat and cauterize tissue. This type of device is used to stop bleeding and to seal off blood vessels.
Reusable Electrocautery Devices:
Reusable electrocautery devices are medical instruments that are used for the treatment of tissue and/or body parts by generating electrical energy and then using that energy to coagulate, desiccate, or amputate the affected part.
Disposable Electrocautery Devices:
Disposable electrocautery devices are used for the treatment of patients with severe burns. These devices consist of a metal probe or electrode which is inserted into the skin and produces an electric current that reduces pain. The device works by causing temporary damage to the body, which helps reduce pain as well as promotes healing.
The global disposable electrocautery devices.
Application Insights:
Based on the application, the market is segmented into hospital, clinic and other. The hospital segment dominated the overall market in terms of revenue in 2017 owing to increasing cases of chronic diseases such as diabetes and cancer that require surgical procedures for treatment. Moreover, rising awareness about end-of-life care is expected to propel demand for these devices over the forecast period.
The other application segment includes dental clinics, veterinary clinics and private practices. Electrocautery instruments are used extensively in surgeries performed at these facilities due to their ability to reduce pain without causing any damage or bleeding outside organs or tissues affected by it.
Regional Analysis:
North America dominated the global market in 2017 owing to high incidence of CVDs, increasing prevalence of obesity, and presence of well-established healthcare facilities. Moreover, growing number of research studies conducted to obtain more information regarding benefits associated with Electrocautery Devices is also expected to drive the regional demand.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to rising geriatric population base and improving economic conditions in emerging countries such as China & India. In addition, government initiatives for providing better healthcare services are expected drive this regional market further. For instance; Government Of India ‘Healthcare Equipment’s Programme (HE EPS) provides funds for purchasing medical devices which will fuel the demand over next eight years (2018-2022).
In 2016; Ministry Of Health And Family Welfare.
Growth Factors:
- Increasing demand for minimally invasive surgeries: Electrocautery devices are used in minimally invasive surgeries to cut and coagulate tissues. The increasing demand for minimally invasive surgeries is driving the growth of the electrocautery devices market.
- Rising prevalence of cancer: Cancer is a leading cause of death worldwide and the incidence of cancer is rising globally. This is driving the growth of the electrocautery devices market as these devices are used in cancer surgery to remove tumors.
- Growing geriatric population: The global geriatric population is growing rapidly and this is leading to an increase in age-related diseases such as cancer, which require surgical treatment using electrocautery devices.
- Technological advancements: Electrocautery device manufacturers are constantly innovating their products with new features and technologies, which is driving the growth of the electrocautery devices market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrocautery Devices Market Research Report
By Type
Reusable Electrocautery Devices, Disposable Electrocautery Devices
By Application
Hospital, Clinic, Other
By Companies
Able Scientific, AMI Inc., Beaver-Visitec International Holdings, Inc., Delasco, FIAB Spa, McKesson Corp., Medline Industries Inc., Pro Advantage, Symmetry Surgical Inc., World Precision Instruments, Able Scientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Electrocautery Devices Market Report Segments:
The global Electrocautery Devices market is segmented on the basis of:
Types
Reusable Electrocautery Devices, Disposable Electrocautery Devices
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Able Scientific
- AMI Inc.
- Beaver-Visitec International Holdings, Inc.
- Delasco
- FIAB Spa
- McKesson Corp.
- Medline Industries Inc.
- Pro Advantage
- Symmetry Surgical Inc.
- World Precision Instruments
- Able Scientific
Highlights of The Electrocautery Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Reusable Electrocautery Devices
- Disposable Electrocautery Devices
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrocautery Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electrocautery devices are medical devices that use an electric current to cut tissue.
Some of the major players in the electrocautery devices market are Able Scientific, AMI Inc., Beaver-Visitec International Holdings, Inc., Delasco, FIAB Spa, McKesson Corp., Medline Industries Inc., Pro Advantage, Symmetry Surgical Inc., World Precision Instruments, Able Scientific.
The electrocautery devices market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrocautery Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electrocautery Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrocautery Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electrocautery Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electrocautery Devices Market Size & Forecast, 2018-2028
4.5.1 Electrocautery Devices Market Size and Y-o-Y Growth
4.5.2 Electrocautery Devices Market Absolute $ Opportunity
Chapter 5 Global Electrocautery Devices Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electrocautery Devices Market Size Forecast by Type
5.2.1 Reusable Electrocautery Devices
5.2.2 Disposable Electrocautery Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electrocautery Devices Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electrocautery Devices Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrocautery Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electrocautery Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electrocautery Devices Analysis and Forecast
9.1 Introduction
9.2 North America Electrocautery Devices Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electrocautery Devices Market Size Forecast by Type
9.6.1 Reusable Electrocautery Devices
9.6.2 Disposable Electrocautery Devices
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electrocautery Devices Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electrocautery Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Electrocautery Devices Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electrocautery Devices Market Size Forecast by Type
10.6.1 Reusable Electrocautery Devices
10.6.2 Disposable Electrocautery Devices
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electrocautery Devices Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electrocautery Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electrocautery Devices Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electrocautery Devices Market Size Forecast by Type
11.6.1 Reusable Electrocautery Devices
11.6.2 Disposable Electrocautery Devices
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electrocautery Devices Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electrocautery Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Electrocautery Devices Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electrocautery Devices Market Size Forecast by Type
12.6.1 Reusable Electrocautery Devices
12.6.2 Disposable Electrocautery Devices
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electrocautery Devices Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electrocautery Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electrocautery Devices Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electrocautery Devices Market Size Forecast by Type
13.6.1 Reusable Electrocautery Devices
13.6.2 Disposable Electrocautery Devices
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electrocautery Devices Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electrocautery Devices Market: Competitive Dashboard
14.2 Global Electrocautery Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Able Scientific
14.3.2 AMI Inc.
14.3.3 Beaver-Visitec International Holdings, Inc.
14.3.4 Delasco
14.3.5 FIAB Spa
14.3.6 McKesson Corp.
14.3.7 Medline Industries Inc.
14.3.8 Pro Advantage
14.3.9 Symmetry Surgical Inc.
14.3.10 World Precision Instruments
14.3.11 Able Scientific
