Market Overview:
The global electrosurgery generator market is expected to grow at a CAGR of 5.5% during the forecast period 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. By type, the monopole electrosurgical generator segment is expected to account for the largest share of the global electrosurgery generator market in 2018. By application, the open surgery segment is expected to account for the largest share of the global electrosurgery generator market in 2018.
Product Definition:
An electrosurgical generator is a device that produces an electrical current used in electrosurgery. Electrosurgery generators are used to cut, coagulate, and fulgurate tissue.
Monopole Electrosurgical Generator:
Monopole electrosurgical generator (MEG) is a device used for the generation of electrical energy which is applied to the surgical field. It has been an important tool in endoscopic procedures and laparoscopy since its inception. MEGs are preferred over conventional electrosurgical generators as they produce less heat, have no moving parts, and can deliver high-frequency current up to 2mm depth into tissues without causing any harm.
Bipolar Electrosurgical Generator:
Bipolar electrosurgical generator is used in endoscopic procedures and it's main function is to provide electrical energy for coagulation, curetting, and monopolar surgery. It works on the principle of bipolar dual technology which consists of insulated electrodes connected by an electric current controlled by a switching device. The product has different applications such as urology, gynecology & obstetrics surgeries, gastrointestinal (GI) endoscopy among others.
Application Insights:
The market is segmented by application into open surgery, minimally invasive surgery and others. The others segment includes endoscopic procedures, laparoscopy and gynecology. Electrosurgery generators are used in various operations including endoscopic surgeries, laparoscopic surgeries as well as gynecological procedures. Minimally invasive surgeries require a higher number of generator sets than the other two types of electrosurgical generators since they demand more power for cautery purposes owing to smaller size blades that can be heated to high temperatures during operation.
Open surgery is expected to be the fastest-growing application over the forecast period owing to increasing number of cosmetic & reconstructive surgeons performing these types of surgical procedures along with general surgeons who perform emergency room (ER) miniatures under local anesthetic on a daily basis across major regions globally due to rising disposable income levels coupled with population growth rates which has resulted in increased need for minimally invasive surgeries globally over recent years.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing prevalence of chronic diseases, rising preference for laparoscopic surgeries, and high adoption of technologically advanced devices. The U.S. is one of the leading countries having a large number of centers and hospitals specialized in electrosurgical procedures using these generators.
Asia Pacific is expected to witness lucrative growth over the forecast period due to factors such as improving healthcare infrastructure, growing medical tourism industry, and demand for quality healthcare services at affordable costs by patients from other Asian countries as well as foreign tourists attracted by low cost treatment options available in this region. In addition, rapidly developing economies such as India are also contributing towards regional growth through their booming medical tourism industry that offers world-class facilities at lower costs compared to developed nations within North America or Europe., Increasing government initiatives aimed at reducing maternal mortality rate (MMR) are anticipated to boost demand for safe & effective methods including electrosurgical devices used during surgery.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The electrosurgery generator market is expected to benefit from the increasing demand for minimally invasive surgeries. This is because these generators offer several advantages over traditional surgical procedures, including shorter hospital stays, reduced pain and blood loss, and faster recovery times.
- Technological advancements: Electrosurgery generators are becoming increasingly sophisticated with the advent of new technologies such as bipolar radiofrequency (RF) and ultrasonic devices. These technologies are helping to improve the accuracy and safety of electrosurgical procedures.
- Growing use of electrosurgery in cosmetic surgery: Electrosurgery is becoming increasingly popular in cosmetic surgery procedures such as liposuction, breast augmentation, and tummy tucks due to its ability to produce precise results with minimal damage to surrounding tissue.
- Rising number of surgical procedures: The number of surgical procedures being performed worldwide is increasing at a rapid pace, which is driving demand for electrosurgical equipment such as generators. This trend is particularly strong in developing countries where there has been a surge in medical tourism in recent years . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrosurgery Generator Market Research Report
By Type
Monopole Electrosurgical Generator, Bipolar Electrosurgical Generator, Vessel Sealing Generator
By Application
Open Surgery, Minimally Invasive Surgery
By Companies
Medtronic, J &J (DePuy & Ethicon), B. Braun (Aesculap), ConMed, Olympus, ERBE, LED SPA, Cooper Surgical, AtriCure, Karl Storz, KLS Martin, Soering, Utah Medical, Bovie, Eschmann, Meyer-Haake, Ellman, IBBAB, Lamidey, Bowa, Union Medical, Beijing Beilin, Shanghai Hutong, KINDY Electronic
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Electrosurgery Generator Market Report Segments:
The global Electrosurgery Generator market is segmented on the basis of:
Types
Monopole Electrosurgical Generator, Bipolar Electrosurgical Generator, Vessel Sealing Generator
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
Open Surgery, Minimally Invasive Surgery
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
- J &J (DePuy & Ethicon)
- B. Braun (Aesculap)
- ConMed
- Olympus
- ERBE
- LED SPA
- Cooper Surgical
- AtriCure
- Karl Storz
- KLS Martin
- Soering
- Utah Medical
- Bovie
- Eschmann
- Meyer-Haake
- Ellman
- IBBAB
- Lamidey
- Bowa
- Union Medical
- Beijing Beilin
- Shanghai Hutong
- KINDY Electronic
Highlights of The Electrosurgery Generator 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:
- Monopole Electrosurgical Generator
- Bipolar Electrosurgical Generator
- Vessel Sealing Generator
- By Application:
- Open Surgery
- Minimally Invasive Surgery
- 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 Generator 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?
An electrosurgery generator is a device that uses an electric current to cut or remove tissue. Electrosurgery generators are used in medical procedures, such as liposuction and hair removal.
Some of the key players operating in the electrosurgery generator market are Medtronic, J &J (DePuy & Ethicon), B. Braun (Aesculap), ConMed, Olympus, ERBE, LED SPA, Cooper Surgical, AtriCure, Karl Storz, KLS Martin, Soering, Utah Medical, Bovie, Eschmann, Meyer-Haake, Ellman, IBBAB, Lamidey, Bowa, Union Medical, Beijing Beilin, Shanghai Hutong, KINDY Electronic.
The electrosurgery generator 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 Generator 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 Generator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrosurgery Generator 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 Generator 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 Generator Market Size & Forecast, 2018-2028
4.5.1 Electrosurgery Generator Market Size and Y-o-Y Growth
4.5.2 Electrosurgery Generator Market Absolute $ Opportunity
Chapter 5 Global Electrosurgery Generator 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 Electrosurgery Generator Market Size Forecast by Type
5.2.1 Monopole Electrosurgical Generator
5.2.2 Bipolar Electrosurgical Generator
5.2.3 Vessel Sealing Generator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electrosurgery Generator 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 Electrosurgery Generator Market Size Forecast by Applications
6.2.1 Open Surgery
6.2.2 Minimally Invasive Surgery
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrosurgery Generator 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 Generator 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 Electrosurgery Generator Analysis and Forecast
9.1 Introduction
9.2 North America Electrosurgery Generator 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 Electrosurgery Generator Market Size Forecast by Type
9.6.1 Monopole Electrosurgical Generator
9.6.2 Bipolar Electrosurgical Generator
9.6.3 Vessel Sealing Generator
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 Electrosurgery Generator Market Size Forecast by Applications
9.10.1 Open Surgery
9.10.2 Minimally Invasive Surgery
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 Electrosurgery Generator Analysis and Forecast
10.1 Introduction
10.2 Europe Electrosurgery Generator 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 Electrosurgery Generator Market Size Forecast by Type
10.6.1 Monopole Electrosurgical Generator
10.6.2 Bipolar Electrosurgical Generator
10.6.3 Vessel Sealing Generator
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 Electrosurgery Generator Market Size Forecast by Applications
10.10.1 Open Surgery
10.10.2 Minimally Invasive Surgery
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 Electrosurgery Generator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electrosurgery Generator 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 Electrosurgery Generator Market Size Forecast by Type
11.6.1 Monopole Electrosurgical Generator
11.6.2 Bipolar Electrosurgical Generator
11.6.3 Vessel Sealing Generator
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 Electrosurgery Generator Market Size Forecast by Applications
11.10.1 Open Surgery
11.10.2 Minimally Invasive Surgery
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 Electrosurgery Generator Analysis and Forecast
12.1 Introduction
12.2 Latin America Electrosurgery Generator 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 Electrosurgery Generator Market Size Forecast by Type
12.6.1 Monopole Electrosurgical Generator
12.6.2 Bipolar Electrosurgical Generator
12.6.3 Vessel Sealing Generator
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 Electrosurgery Generator Market Size Forecast by Applications
12.10.1 Open Surgery
12.10.2 Minimally Invasive Surgery
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) Electrosurgery Generator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electrosurgery Generator 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) Electrosurgery Generator Market Size Forecast by Type
13.6.1 Monopole Electrosurgical Generator
13.6.2 Bipolar Electrosurgical Generator
13.6.3 Vessel Sealing Generator
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) Electrosurgery Generator Market Size Forecast by Applications
13.10.1 Open Surgery
13.10.2 Minimally Invasive Surgery
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 Generator Market: Competitive Dashboard
14.2 Global Electrosurgery Generator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 J &J (DePuy & Ethicon)
14.3.3 B. Braun (Aesculap)
14.3.4 ConMed
14.3.5 Olympus
14.3.6 ERBE
14.3.7 LED SPA
14.3.8 Cooper Surgical
14.3.9 AtriCure
14.3.10 Karl Storz
14.3.11 KLS Martin
14.3.12 Soering
14.3.13 Utah Medical
14.3.14 Bovie
14.3.15 Eschmann
14.3.16 Meyer-Haake
14.3.17 Ellman
14.3.18 IBBAB
14.3.19 Lamidey
14.3.20 Bowa
14.3.21 Union Medical
14.3.22 Beijing Beilin
14.3.23 Shanghai Hutong
14.3.24 KINDY Electronic
