BIS Research - Emerging Technology Market Intelligence

Minimally Invasive Surgeries Paving the Way for Electrosurgical Devices Market

Apr 18, 2018 7:18:07 AM / by BIS Research posted in Electrosurgical Devices Market growth, Electrosurgical Devices Market keyplayer, Electrosurgical Devices Market report, Electrosurgical Devices Market trend, Electrosurgical Devices Market value, electrosurgery machine market, Electrosurgical Devices industry analysis, Electrosurgical Devices Market, Electrosurgical Devices Market analysis, Electrosurgical Devices Market forecast, electrosurgical Devices Market share, electrosurgical unit, Global Electrosurgical Devices, Global Electrosurgical Devices Market research, Global Electrosurgical Devices Market, Market Research Report


The economic effect of surgical care is anticipated to account $20 billion in the year 2030, with approximately 33 million people facing catastrophic health expenditure due to high costs of surgeries. Further, rising demands for minimally invasive surgeries are striking up the electrosurgical devices market. Therefore, to meet the emerging requirements in the healthcare industry, electrosurgical devices are becoming the indispensable solution.  According to the latest market intelligence report by BIS Healthcare titled, ‘Global Electrosurgical Devices Market- Analysis and Forecast (20117-2023)’, the market was estimated at $2.64 million in the year 2016 and is expected to reach a value of $4.33 billion by the year 2023. This significant market growth is attributed to the increasing demand for minimally invasive surgeries, increasing geriatric population with higher life expectancy, and new product launches by the prominent companies.

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