Market Overview:
The global electrosurgery accessories market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of chronic diseases. The market is segmented on the basis of type, application, and region. On the basis of type, the global electrosurgery accessories market is segmented into generators, instruments-bipolar & monopolar, argon & smoke management systems. Instruments-bipolar & monopolar are further sub-segmented into electrodes, forceps bipolar scissors), cauteries (monopolar), and other instruments (needle drivers). Argon & smoke management systems are further sub-segmented into argon gas generators and smoke evacuation systems. On the basis of application, the global electrosurgery accessories market is segmented into orthopedic surgery, cosmetic surgery,, gynecology surgery,. Orthopedic surgery dominates this sector owing to rising incidence rates for bone fractures globally Orthopedic surgeries can be performed through various methods such as open reduction internal fixation (ORIF), percutaneous osteosynthesis,, closed reduction with external fixation devices,, arthroscopy,. Cosmetic surgery includes procedures such as liposuction abdominoplasty,, breast augmentation/reduction/lift,. Gynecology surgical procedures include hysterectomy myomectomy,, oophorectomy/.
Product Definition:
Electrosurgery is a surgical technique that uses electric current to cut and cauterize tissue. Electrosurgery is often used in surgery to control bleeding and remove tumors.
Generators:
Generators are used in electrosurgery accessories for the generation of electrical energy that is utilized by the equipment. The primary function of a generator is to provide an alternate power source to surgical tools and devices. Generators are also used in medical imaging, which provides high-quality images with less radiation exposure.
Instruments-Bipolar & Monopolar:
Instruments-bipolar & monopolar are used in electrosurgery accessories market for various applications such as bipolar electrosurgical units, monopolar instruments and electrodes. The Instruments-Bipolar (IB) and Monopolar (MOP) systems are the most commonly used equipment in surgical procedures.
Application Insights:
The orthopedic application segment accounted for the largest revenue share in 2017 and is anticipated to maintain its lead over the forecast period. The demand for electrosurgical devices in orthopedic surgeries is driven by factors such as increasing geriatric population, rise in sports-related injuries, and high prevalence of musculoskeletal disorders. According to WHO, it has been estimated that around 1 billion people suffer from some form of arthritis every year. As per the National Center for Biotechnology Information (NCBI), around 60 million people are diagnosed with arthritis each year globally and this number is expected to increase by 50% by 2030. This trend is projected to boost market growth during the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing demand for cosmetic procedures and rising number of R&D activities by key players. Moreover, growing preference for noninvasive surgeries is expected to drive growth over the forecast period. Europe accounted for a significant share in terms of revenue due to high adoption of electrosurgical devices and instruments as well as advanced equipment used during surgeries. Asia Pacific region is anticipated to witness lucrative growth over the forecast period owing to increasing awareness about various surgical options, availability of cost-effective treatment alternatives, rising disposable income levels, and improving healthcare infrastructure in this region.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global electrosurgery market is expected to grow at a CAGR of 5.5% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which are less traumatic and result in shorter hospital stays and faster recoveries as compared to traditional open surgery procedures. Electrosurgery is widely used in minimally invasive surgeries as it offers several advantages such as precision, control over bleeding, and reduced tissue damage.
- Growing number of surgical procedures: The number of surgical procedures being performed across the globe is increasing at a rapid pace due to various factors such as rising incidence of chronic diseases, growing geriatric population, and technological advancements in the field of surgery. This is resulting in an increase in demand for electrosurgical devices and accessories which are used during these procedures.
- Rising healthcare expenditure: Healthcare expenditure around the world is on the rise due to various factors such as aging population, rising prevalence of chronic diseases, increased awareness about health & wellness among people, etc., In addition, there has been a shift from public-funded healthcare systems towards private-sector funded healthcare systems across many countries which has resulted in an increase in overall spending on healthcare products & services including electrosurgical devices & accessories .
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrosurgery Accessories Market Research Report
By Type
Generators, Instruments-Bipolar & Monopolar, Argon & Smoke Management Systems
By Application
Orthopedic, Cosmetic, Gynecology
By Companies
Medtronic PLC, Olympus Corporation, Conmed Corporation, B. Braun Melsungen AG, Johnson & Johnson, Bovie Medical Corporation, Erbe Elektromedizin GmbH, Applied Medical Resources Corporation, Megadyne Medical Products, Inc., Bowa-Electronic GmbH & Co. Kg, Medtronic PLC
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Electrosurgery Accessories Market Report Segments:
The global Electrosurgery Accessories market is segmented on the basis of:
Types
Generators, Instruments-Bipolar & Monopolar, Argon & Smoke Management Systems
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
Orthopedic, Cosmetic, Gynecology
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:
- Medtronic PLC
- Olympus Corporation
- Conmed Corporation
- B. Braun Melsungen AG
- Johnson & Johnson
- Bovie Medical Corporation
- Erbe Elektromedizin GmbH
- Applied Medical Resources Corporation
- Megadyne Medical Products, Inc.
- Bowa-Electronic GmbH & Co. Kg
- Medtronic PLC
Highlights of The Electrosurgery Accessories 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:
- Generators
- Instruments-Bipolar & Monopolar
- Argon & Smoke Management Systems
- By Application:
- Orthopedic
- Cosmetic
- Gynecology
- 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 Electrosurgery Accessories 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.
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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?
Electrosurgery Accessories are any tools or devices used in conjunction with electrosurgery. These may include cautery tips, probes, power supplies, and other related equipment.
Some of the major companies in the electrosurgery accessories market are Medtronic PLC, Olympus Corporation, Conmed Corporation, B. Braun Melsungen AG, Johnson & Johnson, Bovie Medical Corporation, Erbe Elektromedizin GmbH, Applied Medical Resources Corporation, Megadyne Medical Products, Inc., Bowa-Electronic GmbH & Co. Kg, Medtronic PLC.
The electrosurgery accessories market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrosurgery Accessories 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 Electrosurgery Accessories Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrosurgery Accessories 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 Electrosurgery Accessories 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 Electrosurgery Accessories Market Size & Forecast, 2020-2028
4.5.1 Electrosurgery Accessories Market Size and Y-o-Y Growth
4.5.2 Electrosurgery Accessories 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 Generators
5.2.2 Instruments-Bipolar & Monopolar
5.2.3 Argon & Smoke Management Systems
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 Orthopedic
6.2.2 Cosmetic
6.2.3 Gynecology
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrosurgery Accessories 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 Electrosurgery Accessories 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 Generators
9.6.2 Instruments-Bipolar & Monopolar
9.6.3 Argon & Smoke Management Systems
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 Orthopedic
9.10.2 Cosmetic
9.10.3 Gynecology
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 Generators
10.6.2 Instruments-Bipolar & Monopolar
10.6.3 Argon & Smoke Management Systems
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 Orthopedic
10.10.2 Cosmetic
10.10.3 Gynecology
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 Generators
11.6.2 Instruments-Bipolar & Monopolar
11.6.3 Argon & Smoke Management Systems
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 Orthopedic
11.10.2 Cosmetic
11.10.3 Gynecology
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 Generators
12.6.2 Instruments-Bipolar & Monopolar
12.6.3 Argon & Smoke Management Systems
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 Orthopedic
12.10.2 Cosmetic
12.10.3 Gynecology
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 Generators
13.6.2 Instruments-Bipolar & Monopolar
13.6.3 Argon & Smoke Management Systems
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 Orthopedic
13.10.2 Cosmetic
13.10.3 Gynecology
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 Electrosurgery Accessories Market: Competitive Dashboard
14.2 Global Electrosurgery Accessories Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic PLC
14.3.2 Olympus Corporation
14.3.3 Conmed Corporation
14.3.4 B. Braun Melsungen AG
14.3.5 Johnson & Johnson
14.3.6 Bovie Medical Corporation
14.3.7 Erbe Elektromedizin GmbH
14.3.8 Applied Medical Resources Corporation
14.3.9 Megadyne Medical Products, Inc.
14.3.10 Bowa-Electronic GmbH & Co. Kg
14.3.11 Medtronic PLC
