India Electrosurgical
Devices Market Is Estimated To Witness High Growth Owing To Increasing
Technological Advancements And Growing Demand For Minimally Invasive Surgeries

Content:



The global India Electrosurgical Devices Market is estimated to be valued at
US$ 200.1 million in 2021 and is expected to exhibit a CAGR of 7.2% over the
forecast period 2021-2028, as highlighted in a new report published by Coherent
Market Insights.



 Market Overview:

Electrosurgical devices are used in various surgical procedures to cut,
coagulate, and destroy tissue. These devices use high-frequency electrical
energy to create heat, which is then used to perform the surgical procedure.
The market for electrosurgical devices in India is witnessing significant
growth due to the increasing prevalence of chronic diseases, rising demand for
minimally invasive surgeries, technological advancements in electrosurgery
devices, and the availability of skilled practitioners. These devices are
widely used in various specialties such as gynecology, gastroenterology,
urology, and general surgery.



 Market Dynamics:

The India Electrosurgical Devices Market is driven by two key factors:



1) Increasing Technological Advancements: Technological advancements in
electrosurgical devices have improved their safety, efficiency, and precision.
The development of advanced electrosurgical devices such as advanced energy
devices and electrosurgical generators has greatly facilitated complex surgical
procedures, leading to better patient outcomes. For example, the introduction
of radiofrequency electrosurgery has allowed surgeons to perform more precise
and controlled tissue ablation.



2) Growing Demand for Minimally Invasive Surgeries: Minimally invasive
surgeries have gained popularity due to their numerous advantages, including
faster recovery time, reduced pain and scarring, and shorter hospital stays.
Electrosurgical devices play a crucial role in these procedures as they enable
surgeons to perform precise and controlled tissue dissection and hemostasis.
The increasing demand for minimally invasive surgeries is expected to drive the
growth of the electrosurgical devices market in India.



 Segment Analysis:

The India Electrosurgical Devices Market can be segmented based on product
type, application, and end-user. Based on product type, the market can be
divided into electrosurgical generators, electrosurgical instruments and
accessories, and smoke evacuation systems. The electrosurgical instruments and
accessories segment is expected to dominate the market due to the increasing
adoption of these instruments in various surgical procedures.



 PEST Analysis:

Political: The political environment in India is favorable for the growth of
the healthcare industry. The government is continuously investing in the
development of healthcare infrastructure and promoting healthcare reforms.



Economic: India is experiencing rapid economic growth, which has led to
increased healthcare spending and improved access to healthcare services. The
growing middle class and increasing disposable income are driving the demand
for advanced healthcare technologies.



Social: The increasing awareness about the benefits of minimally invasive
surgeries among the population is driving the demand for electrosurgical
devices. Additionally, the rising prevalence of chronic diseases is also
contributing to the growth of the market.



Technological: Technological advancements in electrosurgical devices, such as
the development of advanced energy devices and electrosurgical generators, are
driving the market growth. These advancements have improved the safety and
efficacy of electrosurgery procedures.



 Key Takeaways:

- The global India
Electrosurgical Devices Market Growth is
expected to witness high growth, exhibiting a CAGR of 7.2% over the forecast
period.

- Increasing technological advancements in electrosurgical devices and growing
demand for minimally invasive surgeries are driving the market growth.

- The electrosurgical instruments and accessories segment is expected to
dominate the market due to their increasing adoption in various surgical
procedures.

- India is experiencing rapid economic growth, which has led to increased
healthcare spending and improved access to healthcare services.

- Key players operating in the India Electrosurgical Devices Market 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.