Connect with us

Technology

Electrosurgical Devices Market to Reach USD 10.4 Billion by 2034, Fueled by Advanced Technology Ensuring Precision and Safety | Transparency Market Research

Published

on

The rise in minimally invasive surgeries is a key driver for the global electrosurgical devices market growth, as these procedures require precise and efficient surgical tools.

WILMINGTON, Del., July 15, 2024 /PRNewswire/ — The global electrosurgical devices market stood at US$ 5.9 billion in 2023, and the global market is projected to reach US$ 10.4 billion in 2034. The electrosurgical devices market is anticipated to expand at a CAGR of 5.3% between 2024 and 2034.

The global electrosurgical devices market is experiencing significant growth, primarily driven by the increasing number of minimally invasive surgeries. These procedures, favored for their reduced recovery times, lower risk of complications, and shorter hospital stays, are becoming more prevalent across various medical specialties, including general surgery, gynecology, urology, and orthopedics. As a result, the demand for advanced electrosurgical devices, which offer precision and efficiency in tissue cutting, coagulation, and ablation, is rising.

Technological advancements and scientific innovations have played a crucial role in propelling the electrosurgical devices market. Modern electrosurgical units are now equipped with enhanced features such as improved energy delivery systems, real-time monitoring, and feedback mechanisms. These advancements ensure greater precision and safety during surgical procedures, minimizing the risk of thermal damage to surrounding tissues.

Grab Your Sample Report Here: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=449

Moreover, the aging global population and the rising incidence of chronic diseases such as cancer, cardiovascular diseases, and obesity-related conditions are contributing to the increased demand for surgical interventions, including minimally invasive techniques. Electrosurgical devices are essential in these procedures, providing reliable and effective solutions for tissue management and hemostasis.

However, the electrosurgical devices market faces challenges such as stringent regulatory requirements and the high cost of advanced devices, which may hinder market growth to some extent. Despite these challenges, the ongoing trend towards minimally invasive surgical procedures and continuous technological advancements are expected to sustain the positive trajectory of the electrosurgical devices market in the coming years.

Electrosurgical Devices Market Report Scope:

Report Coverage

Details 

Forecast Period  

2024-2034

Base Year  

2020-2022

Size in 2023

US$ 5.9 Bn

Forecast (Value) in 2034

US$ 10.4 Bn

Growth Rate (CAGR) 

5.3 %

No. of Pages 

145 Pages 

Segments covered 

By Product Type, By Application, By Region, By End-user

Key Takeaways of Market Report

Global electrosurgical devices market to generate absolute dollar opportunity worth US$ 10.4 billion until 2034.Global electrosurgical devices market is valued at US$ 5.9 billion in 2023.North America is forecasted to hold the largest share in 2023.

Electrosurgical Devices Market: Growth Drivers

The electrosurgical accessories segment is projected to dominate the global market throughout the forecast period, driven by several key factors. Accessories such as electrodes, cables, and patient return electrodes play a crucial role in enhancing the effectiveness and applicability of electrosurgical procedures.Electrosurgical devices are integral to modern surgical practices due to their ability to provide precise tissue cutting, coagulation, and hemostasis, thereby minimizing blood loss and accelerating recovery times.The efficiency and reliability of these devices have made them indispensable in a wide range of surgical specialties, from general surgery to specialized fields like orthopedics and dermatology.

Unlock Growth Potential in Your Industry! Download PDF Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=449

Electrosurgical Devices Market: Regional Landscape

North America maintained a significant share of the global electrosurgical devices market in 2023, driven by the high volume of surgical procedures in the United States. Surgeons in the United States alone perform approximately 64 million surgeries annually, covering a wide spectrum from routine dental procedures to complex open-heart surgeries.This robust surgical activity underscores the strong demand for advanced electrosurgical devices that offer precise tissue cutting and coagulation capabilities, thereby driving the market growth in the region.Asia Pacific is poised for substantial market expansion in the forecast period, fueled by a surge in surgical procedures driven notably by medical tourism. Countries in the region, including India, Thailand, and Singapore, are witnessing an increase in surgical interventions as they attract patients from around the world seeking cost-effective treatments.This rise in surgical volumes is boosting the demand for electrosurgical devices that enable efficient tissue management and enhance surgical outcomes, thereby contributing to the growing revenue of the electrosurgical devices market in Asia Pacific.

Electrosurgical Devices Market: Key Players

In 2023, CONMED Corporation introduced the Edge™ Electrosurgical Generator System. This innovative system represents a significant advancement in the field of electrosurgery, offering enhanced capabilities for precise tissue cutting and coagulation.In 2023, Medtronic expanded its portfolio in the electrosurgical devices market with the launch of the Valleylab™ FT10 Energy Platform. This platform integrates advanced energy delivery technologies to enhance surgical precision and safety. The Valleylab™ FT10 offers surgeons superior control over tissue management, supporting a wide range of surgical procedures from routine to complex cases.

Electrosurgical Devices Market: Segmentation

Product Type

Radiofrequency Electrosurgical DevicesMonopolar DevicesBipolar DevicesElectrocautery DevicesMonopolar DevicesBipolar DevicesElectrosurgical Accessories

Application

General SurgeryDermatological SurgeryCardiac SurgeryOrthopedic SurgeryGastrointestinal SurgeryOthers

End User

HospitalsSpecialty ClinicsAmbulatory Surgical Centers

Region

North AmericaEuropeAsia PacificMiddle East & AfricaLatin America

Buy this Premium Research Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=449&ltype=S

More Trending Reports by Transparency Market Research –

Dental Dust Collector Market – The global dental dust collector market is likely to grow at a CAGR of 7.5% between 2022 and 2031.Veterinary Dental Elevators Market – The global veterinary dental elevators market is projected to grow at a CAGR of 4.3% during the forecast period from 2022 to 2031.Cartilage Degeneration Market – Global Cartilage Degeneration Market was valued at US$ 11.6 Bn in 2023, which is expected to grow at a CAGR of 7.1% from 2024 to 2034 and reach US$ 24.9 Bn by the end of 2034

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com   
Email: sales@transparencymarketresearch.com
Follow Us: LinkedIn| Twitter| Blog | YouTube

Logo: https://mma.prnewswire.com/media/1682871/TMR_Logo_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/electrosurgical-devices-market-to-reach-usd-10-4-billion-by-2034–fueled-by-advanced-technology-ensuring-precision-and-safety–transparency-market-research-302196801.html

SOURCE Transparency Market Research

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Where’s the Best Deal on the Block? Realtor.com® Launches Dynamic Map Layers to Help Homebuyers Find It and So Much More

Published

on

By

Homebuyers can now visualize hyperlocal insights and broader neighborhood trends to find their perfect home

SANTA CLARA, Calif., Sept. 24, 2024 /PRNewswire/ — Today, Realtor.com® announced the launch of dynamic map layers, a set of new map-based search features that allow users to answer classic home-buying questions like “Is this house the best deal on the street?” and “Where can I find the newest homes in a neighborhood?” or “Where are houses selling for a lower price per sqft.?” Now, users can explore multiple ZIP codes and neighborhoods with one quick glance and use this information to find the home they want.

Dynamic map layers deliver a unique zoom and pan experience that shows real-time visualizations of property data and neighborhood insights all in one map. When applied, each layer illustrates search parameters through color shading that represents aggregated data including market trends for a specific area. The shading dynamically adjusts to the property level as the user zooms in, and gets broader as they zoom out, adapting to highlight different data at each zoom level. Users can apply different map layers and access unique Realtor.com® econometric data, like market hotness, to find the best home options based on what they’re looking for.

“Do you remember when you bought your first smartphone and how it completely changed how you use a phone? Dynamic map layers are going to change how people search for homes online,” said Mausam Bhatt, Chief Product and Technology Officer, Realtor.com®. “They are an entirely new pathway to home discovery that allows buyers to answer their most pressing questions with a look at a map. They present data in an interactive way that is easy to use, easy to understand, and easy to make the most informed decisions with – so users can confidently choose the place they call home.”

Seventy-one percent of real estate website/app users think that more visual or map-based features could help them learn more about properties and compare homes more easily, according to a recent survey conducted by Realtor.com®. Ninety percent stated they would value being able to search for “home size” and “home value” via a map on a real estate search sites.

Whether it’s someone with a limited budget searching for the best buy in a specific area; a buyer who wants to understand the market competition of a home in order to make the best offer; or, a buyer who is comparing multiple neighborhoods so they can decide where to invest, Realtor.com® users can dive deeper and explore homes with the following layer options:

Home Estimate – the home’s current estimated value, powered by RealEstimatesmEstimate/ sqft. – the home’s current estimate total value divided by its total square footage, powered by RealEstimatesmLot Size – the property’s parcel size as measured in acresLot Slope – the property parcel’s average lot slopeHome Size – the size of the home measured in sqft.Year Built – the year the home was builtMarket Hotness – an index from 1-100 (very cool to very hot) indicating how quickly homes sell and the level of buyer demandSold Price vs. List Price – the sold price shown as a percentage of the original list price (based on properties sold in the last year)Sold Price/ sqft. – the home’s most recent sale price divided by its total square footageDays on Market – the time it takes properties to sell (based on properties sold in the last year)Neighborhood – display neighborhood boundaries and access details on the number of homes on the market, the median number of days homes spend on the market and the median list price within a neighborhood

Dynamic map layers offer unparalleled data visualization with dynamic zoom and pan functionality. By using these layers, users can get an equally holistic and granular view of a home’s characteristics and a neighborhood’s attributes.

About Realtor.com®
Realtor.com® is an open real estate marketplace built for everyone. Realtor.com® pioneered the world of digital real estate more than 25 years ago. Today, through its website and mobile apps, Realtor.com® is a trusted guide for consumers, empowering more people to find their way home by breaking down barriers, helping them make the right connections, and creating confidence through expert insights and guidance. For professionals, Realtor.com® is a trusted partner for business growth, offering consumer connections and branding solutions that help them succeed in today’s on-demand world. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. For more information, visit Realtor.com®.

Media Contact
Asees Singh press@realtor.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/wheres-the-best-deal-on-the-block-realtorcom-launches-dynamic-map-layers-to-help-homebuyers-find-it-and-so-much-more-302256178.html

SOURCE realtor.com

Continue Reading

Technology

Socket Mobile Announces CaptureSDK Support for iOS 18

Published

on

By

FREMONT, Calif., Sept. 24, 2024 /PRNewswire/ — Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions designed to enhance workplace productivity, is excited to announce that CaptureSDK and its entire line of barcode scanners and NFC reader/writers have been thoroughly tested and have achieved full compatibility with iOS 18.

iOS 18 compatibility across the entire Socket Mobile product line ensures that Apple users can maximize the utility of both their Socket Mobile data readers and their Bluetooth-paired Apple iPhones or iPads. CaptureSDK’s support for iOS 18 means that business applications continue to run smoothly on Apple’s latest platform, offering stability, efficiency, and access to the newest features. Users can seamlessly integrate the latest Apple advancements into their workflow and expect optimal performance from both devices.

“Socket Mobile has a strong track record of maintaining compatibility with Apple’s latest advancements and is devoted to supporting our app developer partners. We strive to provide ultimate device compatibility and best-in-class development tools,” said Dave Holmes, Chief Business Officer at Socket Mobile. “With iOS 18 support added to CaptureSDK, all users of our data capture devices can stay current with Apple’s latest technology while discovering new ways to leverage the power and versatility of our barcode scanners and NFC reader/writers.

“To ensure compatibility and to take full advantage of the features offered by our barcode scanners and NFC reader/writers, app development partners only need to upgrade their apps to the latest version of CaptureSDK whenever new updates are released. Our world-class support team is always available to ensure that their data capture solutions continue to work seamlessly. Combined with the quality of our products and dedicated support, this makes Socket Mobile’s CaptureSDK, along with our scanners and readers, an excellent choice for Apple device users.”

CaptureSDK has been integrated into thousands of applications and gives app providers reliable and consistent data capture performance, enabling their apps to efficiently capture data in the physical world. With CaptureSDK, app providers can maximize the value of their solution and increase their customer’s overall productivity and satisfaction. With CaptureSDK-enabled apps, end-users can interchange any of Socket Mobile’s data capture devices, resulting in the freedom to choose the best reader for each customer’s requirements at any given time. With iOS 18 compatibility, Socket’s CaptureSDK delivers a new level of control and adaptability for iOS app developers.

iOS compatibility will always be a focus for Socket Mobile as Apple continues to roll out new updates for its customers.

Learn More About CaptureSDK

Media Contact: David Holmes, David.holmes@socketmobile.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/socket-mobile-announces-capturesdk-support-for-ios-18-302256524.html

SOURCE Socket Mobile, Inc.

Continue Reading

Technology

JinkoSolar Unveils its First Climate White Paper at 2024 New York Climate Week

Published

on

By

SHANGRAO, China, Sept. 24, 2024 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (the “Company,” or “JinkoSolar”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced its principle operating subsidiary Jinko Solar Co., Ltd.’s participation in the 2024 New York Climate Week, where we officially launch the English version of our first Climate White Paper*. This comprehensive report outlines our commitment to sustainability, innovative strategies to reduce carbon emissions, and actionable steps for creating a greener, more resilient future.

As one of the leading voices in the fight against climate change, JinkoSolar has long been dedicated to aligning its operations with global climate goals. The new White Paper not only highlights the progress we’ve made, but also identifies new opportunities in both the PV and BESS sectors to collaborate across industries to accelerate decarbonization and enhance sustainability efforts.

Meanwhile, Jinko Solar Co., Ltd. as a member of the Board of Directors of the Global Solar Council, is honored to be part of the Finance Roundtable and, together with the Global Solar Council, co-hosting the discussion for lowering solar PV cost. This roundtable brings together development and commercial banks, industry experts, policymakers, and business leaders in shaping the future of climate action. Our active participation underscores our firm belief that addressing the climate crisis requires bold and decisive action together with financial players.

JinkoSolar looks forward to continuing its leadership in the bankability and sustainability space and to driving meaningful change in the global effort to combat climate change.

*Note: Disclosed information in the report covers our principal operating subsidiary Jinko Solar Co., Ltd. and its subsidiaries. The report is available on the Company’s website at https://www.jinkosolar.com/en/site/responsibility.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to utility-scale, commercial and residential customers in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions. 

JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, the United Arab Emirates, Denmark, Indonesia, Nigeria and Saudi Arabia, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of June 30, 2024.

To find out more, please see: www.jinkosolar.com

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: pr@jinkosolar.com

View original content:https://www.prnewswire.com/news-releases/jinkosolar-unveils-its-first-climate-white-paper-at-2024-new-york-climate-week-302256888.html

SOURCE JinkoSolar Holding Co., Ltd.

Continue Reading

Trending