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Electrosurgical Devices Market to Grow at a CAGR of 5% Globally From 2011-2018
Date:2/27/2012

DALLAS, February 27, 2012 /PRNewswire/ --

ReportsnReports adds new market research report 'Electrosurgical Devices Market - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2018' to its store.  The global electrosurgical devices market is expected to reach $1,412.8m by 2018 growing at a CAGR of 5%. The market is expected to be driven by the growing demand for minimally invasive procedures and technology advances that make surgery safer and less destructive to the surrounding tissue.

Request A Sample and Read Comprehensive Table of Contents for this report on Electrosurgical Devices Market.

Covidien, Erbe and ConMed Lead the Global Electrosurgical Devices Market

The global electrosurgical devices market is dominated by three companies - Covidien, Erbe and ConMed. Covidien is the market leader with nearly 40% market share. Erbe is the second largest market player with an 11% market share. Erbe has a strong presence in European countries such as Germany. The company also has a significant presence in the US electrosurgical devices market. ConMed is the third largest market player with an 8% market share. ConMed displays strong presence in both the US and Asia-Pacific markets. Other significant market players include Bovie, KLS Martin, B. Braun and Bowa. However, all of these companies have less than 5% market shares in the global market.

Technology Advances Addressing Problems Such as Collateral Tissue Damage and Eschar are Enhancing the Performance of Electrosurgery and Leading to Greater Adoption

New technologies protect tissue surfaces from thermal damage, as well as reduce eschar formation and limit tissue sticking.. Sticking and charri
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