Market Overview:
The global coagulation electrode market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of chronic diseases. In addition, the growing geriatric population is also contributing to the growth of this market. Based on type, the bipolar coagulation electrode segment is expected to account for the largest share of the global coagulation electrode market in 2018. This segment is projected to grow at a CAGR of 5.8% from 2018 to 2030 due its ability to provide precise and controlled energy delivery during surgery procedures.
Product Definition:
A coagulation electrode is an instrument used in medical procedures to help stop the flow of blood. It is a metal wire or needle that is inserted into a vein and then heated using an electrical current. This causes the blood to coagulate, or clot, which helps to seal the wound and stop the bleeding.
Bipolar:
Bipolar plate is a device used in coagulation process for blood transfusion. It consists of two metal surfaces separated by an insulating layer. One of the metal surface is call “anode” and other “cathode”. As electricity is generated when blood comes in contact with the electrodes, it creates electric current which flows through the wire to dole out diagnosis or treatment as per requirement.
Monopolar:
Monopolar devices are used in coagulation electrodes. Coagulation is the process where blood clotting takes place. In this process, a electric current is passed through the patient’s body to initiate and strengthen the natural tendency of blood to clot. This device works on one pole only i.e.
Application Insights:
The others segment that includes surgical, Dental and other applications accounted for the largest share in 2017. The demand is majorly driven by the growing use of coagulation electrodes in dental procedures. Coagulation is preferred over thermalization as it does not require any pre-treatment of tissue and thus, is used widely across different medical procedures such as cosmetic surgeries, orthopedic surgeries and reconstructive surgeries.
Electrosurgical devices are considered an effective alternative to conventional surgery due to their ability to produce cleaner cuts with less trauma compared to conventional methods such as open surgery or arthroscopy. This device consists of a generator that produces high voltage electricity along with an electrode assembly where the operator places his hand while holding a handle attached to the generator which causes current flow through body tissues resulting in coagulation followed by instant healing process without leaving any marks on skin surface.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of major players, high disposable income, and favorable reimbursement policies & regulatory reforms. The U.S., which is at the forefront of this region, has a well-established healthcare infrastructure and highly developed research & development activities within coagulation devices as well as surgical procedures involved in electrosurgical procedures for diagnosis and treatment of various disorders including trauma, burns injuries etc.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing awareness about early diagnosis among patients suffering from bleeding disorders such as hemophilia A or B (factor VIII or IX deficiency). In addition, rising medical tourism due to affordable treatments will also boost demand for coagulation electrodes in this region over the forecast period.
Growth Factors:
- Increasing incidence of thrombotic disorders: The global incidence of thrombotic disorders is increasing at a rapid pace. This is primarily attributed to the changing lifestyle and dietary habits of people across the world. This is expected to drive the demand for coagulation electrodes in the coming years.
- Growing awareness about early diagnosis and treatment: There is a growing awareness among people about the importance of early diagnosis and treatment of thrombotic disorders. This is likely to boost demand for coagulation electrodes in the near future.
- Technological advancements in coagulation electrode devices: The technological advancements in coagulation electrode devices are helping healthcare professionals diagnose and treat thrombotic disorders at an early stage. This is likely to fuel market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Coagulation Electrode Market Research Report
By Type
Bipolar, Monopolar
By Application
ENT, Electrosurgical, Dental, Others
By Companies
B Braun, EMED, Medtronic, Olympus, Smith & Nephew, Hangzhou Kangji Medical Instruments, LiNA Medical, Depuy Synthes, Kirwan Surgical Products, EndoMed Systems, Unimicro Medical Systems, Mediflex Surgical Products, Angiodynamics, LaproSurge
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Coagulation Electrode Market Report Segments:
The global Coagulation Electrode market is segmented on the basis of:
Types
Bipolar, Monopolar
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
ENT, Electrosurgical, Dental, Others
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:
- B Braun
- EMED
- Medtronic
- Olympus
- Smith & Nephew
- Hangzhou Kangji Medical Instruments
- LiNA Medical
- Depuy Synthes
- Kirwan Surgical Products
- EndoMed Systems
- Unimicro Medical Systems
- Mediflex Surgical Products
- Angiodynamics
- LaproSurge
Highlights of The Coagulation Electrode 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:
- Bipolar
- Monopolar
- By Application:
- ENT
- Electrosurgical
- Dental
- Others
- 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 Coagulation Electrode 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
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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?
A coagulation electrode is a medical device that helps to prevent blood clots from forming. Coagulation electrodes are inserted into the bloodstream near the site of a potential clot, and they help to activate the body's natural clot-busting mechanisms.
Some of the major players in the coagulation electrode market are B Braun, EMED, Medtronic, Olympus, Smith & Nephew, Hangzhou Kangji Medical Instruments, LiNA Medical, Depuy Synthes, Kirwan Surgical Products, EndoMed Systems, Unimicro Medical Systems, Mediflex Surgical Products, Angiodynamics, LaproSurge.
The coagulation electrode market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Coagulation Electrode 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 Coagulation Electrode Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Coagulation Electrode 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 Coagulation Electrode 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 Coagulation Electrode Market Size & Forecast, 2020-2028
4.5.1 Coagulation Electrode Market Size and Y-o-Y Growth
4.5.2 Coagulation Electrode Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Bipolar
5.2.2 Monopolar
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 ENT
6.2.2 Electrosurgical
6.2.3 Dental
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coagulation Electrode 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 Coagulation Electrode 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Bipolar
9.6.2 Monopolar
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 Market Size Forecast by Applications
9.10.1 ENT
9.10.2 Electrosurgical
9.10.3 Dental
9.10.4 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Bipolar
10.6.2 Monopolar
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 Market Size Forecast by Applications
10.10.1 ENT
10.10.2 Electrosurgical
10.10.3 Dental
10.10.4 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Bipolar
11.6.2 Monopolar
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 Market Size Forecast by Applications
11.10.1 ENT
11.10.2 Electrosurgical
11.10.3 Dental
11.10.4 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Bipolar
12.6.2 Monopolar
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 Market Size Forecast by Applications
12.10.1 ENT
12.10.2 Electrosurgical
12.10.3 Dental
12.10.4 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Bipolar
13.6.2 Monopolar
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) Market Size Forecast by Applications
13.10.1 ENT
13.10.2 Electrosurgical
13.10.3 Dental
13.10.4 Others
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 Coagulation Electrode Market: Competitive Dashboard
14.2 Global Coagulation Electrode Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B Braun
14.3.2 EMED
14.3.3 Medtronic
14.3.4 Olympus
14.3.5 Smith & Nephew
14.3.6 Hangzhou Kangji Medical Instruments
14.3.7 LiNA Medical
14.3.8 Depuy Synthes
14.3.9 Kirwan Surgical Products
14.3.10 EndoMed Systems
14.3.11 Unimicro Medical Systems
14.3.12 Mediflex Surgical Products
14.3.13 Angiodynamics
14.3.14 LaproSurge
