Market Overview:
The global electrosurgery instruments 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. The global electrosurgery instruments market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into bipolar and monopolar devices. Bipolar devices are further sub-segmented into traditional bipolar devices and advanced bipolar devices. Monopolar devices are further sub-segmented into open surgery systems and laparoscopic surgery systems. On the basis of application, the market is segmented into hospital settings and clinic settings. Geographically, the global electrosurgery instruments market is segmented into North America, Latin America, Europe Asia Pacific ,and Middle East & Africa . North America dominates this market followed by Europe .
Product Definition:
Electrosurgery Instruments are used to cut and coagulate tissue during surgery. They are important because they allow surgeons to quickly and effectively cut and coagulate tissue without causing excessive bleeding.
Bipolar:
Bipolar electrosurgery instruments are used for cutting, coagulation, thermal ablation and other procedures. Bipolar electrosurgery instruments market is driven by factors such as technological advancements in the field of bipolar technology coupled with increasing demand for minimally invasive surgeries.
Monopolar:
Monopolar electrosurgery instrument is an electrosurgical generator that supplies electrical energy to the surgical instruments through a single wire. The monopolar technique is used in surgeries wherein the patient is conscious and under local anesthesia. In this procedure, current flows from one electrode (the positive terminal) to another (negative terminal). This current then travels through tissues to effectuate the surgery.
Global Monopolar.
Application Insights:
Based on the application, the market is segmented into hospital, clinic and others. The hospital segment dominated the overall market in terms of revenue in 2017. Electrosurgical devices are widely used for various surgical procedures in hospitals due to their cost-effectiveness and high precision. Moreover, increasing number of surgeries at a time increases demand for an efficient yet user-friendly device that can be used by surgeons without training or experience. This factor is anticipated to drive product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing prevalence of obesity and cardiovascular diseases, rising geriatric population, and high adoption of advanced surgical procedures. Moreover, growing demand for minimally invasive surgeries is expected to drive the regional market over the forecast period.
Asia Pacific is expected to witness lucrative growth over the forecast period due to a large patient pool with unmet medical needs in emerging countries such as China and India. In addition, government initiatives for improving public health infrastructure are likely to boost electrosurgery instruments sales in this region during the forecast period. For instance, Electrosurgical Devices (ESD) Market Development Programme by Ministry of Health Labor & Welfare (Japan), National Health Mission (India), Five Year Plan-Health (China).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global electrosurgery instruments market is expected to benefit from the increasing demand for minimally invasive surgeries. This is because these procedures are less invasive and cause less pain and trauma as compared to traditional surgical procedures.
- Technological advancements: Electrosurgery instruments are becoming increasingly sophisticated, with new technologies being developed on a regular basis. This is likely to result in greater adoption of these devices, especially by surgeons who are looking for ways to improve the outcomes of their surgeries.
- Rising prevalence of chronic diseases: The incidence of chronic diseases such as cancer is on the rise globally, which is leading to an increase in the number of electrosurgical procedures being performed each year. This will create opportunities for players operating in the electrosurgery instruments market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrosurgery Instruments Market Research Report
By Type
Bipolar, Monopolar
By Application
Hospital, Clinic
By Companies
J&J Medical Devices, Medtronic, B. Braun Melsungen, Erbe Elektromedizin, Bovie Medical Corporation, Olympus Corporation, CONMED Corporation, BOWA-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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Electrosurgery Instruments Market Report Segments:
The global Electrosurgery Instruments 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
Hospital, Clinic
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:
- J&J Medical Devices
- Medtronic
- B. Braun Melsungen
- Erbe Elektromedizin
- Bovie Medical Corporation
- Olympus Corporation
- CONMED Corporation
- BOWA-electronic
Highlights of The Electrosurgery Instruments 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:
- Hospital
- Clinic
- 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 Instruments 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?
Electrosurgery instruments are medical devices that use an electric current to destroy tissue. They can be used to treat a variety of conditions, including cancer.
Some of the key players operating in the electrosurgery instruments market are J&J Medical Devices, Medtronic, B. Braun Melsungen, Erbe Elektromedizin, Bovie Medical Corporation, Olympus Corporation, CONMED Corporation, BOWA-electronic.
The electrosurgery instruments 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 Electrosurgery Instruments 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 Instruments Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrosurgery Instruments 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 Instruments 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 Instruments Market Size & Forecast, 2020-2028
4.5.1 Electrosurgery Instruments Market Size and Y-o-Y Growth
4.5.2 Electrosurgery Instruments 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 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrosurgery Instruments 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 Instruments 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 Hospital
9.10.2 Clinic
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 Hospital
10.10.2 Clinic
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 Hospital
11.10.2 Clinic
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 Hospital
12.10.2 Clinic
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 Hospital
13.10.2 Clinic
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 Instruments Market: Competitive Dashboard
14.2 Global Electrosurgery Instruments Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 J&J Medical Devices
14.3.2 Medtronic
14.3.3 B. Braun Melsungen
14.3.4 Erbe Elektromedizin
14.3.5 Bovie Medical Corporation
14.3.6 Olympus Corporation
14.3.7 CONMED Corporation
14.3.8 BOWA-electronic
