Market Overview:
The global electrosurgical surgical generators 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 number of surgeries being performed and the rising demand for minimally invasive surgeries. Additionally, the growing geriatric population is also contributing to the growth of this market as they are more susceptible to various diseases and disorders that require surgical treatment. Based on type, monopole electrosurgical surgical generators are expected to account for a larger share of the global electrosurgical surgical generators market than bipolar electrosurgical surgical generators during the forecast period. This can be attributed to their lower cost and easy availability compared with bipolar electrosurgical surgical generators. Based on application, hospitals are expected to account for a larger share of the global electrosurgical surgery generator market than ambulatory surgery centers duringthe forecast period.
Product Definition:
An electrosurgical surgical generator is a device used to create an electrical field that can be used to cut or cauterize tissue. The importance of electrosurgical surgical generators is that they provide a sterile and controlled environment for performing surgery.
Monopole Electrosurgical Surgical Generators:
Monopole electrosurgical surgical generators, also called monopolar generator or single-phase generator (SPG), is a device used in endoscopic procedures. It generates electrical energy for carrying out the surgical procedure. The product has gained wide acceptance due to its safety and efficacy coupled with minimum blood loss during surgeries.
Bipolar Electrosurgical Surgical Generators:
Bipolar electrosurgical surgical generators are used in endoscopic surgeries. Bipolar electrosurgical surgical generator is a device that generates an electric field which helps surgeons to perform the surgery efficiently by reducing the blood loss and post-operative complications. It also provides precise control over the depth of penetration of electrodes during surgery, thereby increasing its preference among surgeons.
Application Insights:
Based on the application, the market is segmented into hospital, ambulatory surgery center, and others. The hospital segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as a high number of procedures being performed at a time and increasing patient admissions due to trauma or chronic diseases. In addition, an increase in healthcare infrastructure has led to an increase in Electrosurgical Surgical Generator (ESG) usage across hospitals globally.
The others segment includes surgical centers and other health care facilities that do not have their own operating rooms but use electrosurgery for various surgical procedures such as neurosurgeries or gynecology surgeries.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing number of electrosurgical procedures and high adoption of advanced technologies. The region is expected to maintain its dominance over the forecast period due to factors such as favorable reimbursement policies, presence of well-established healthcare facilities, and increasing awareness about ESSGs among physicians. In addition, growing demand for minimally invasive surgeries is also expected to drive growth during the forecast period.
Asia Pacific is anticipated to be one of fastest-growing regions during the same period owing with developing economies such as China & India which have a huge population base requiring various medical treatments that can be provided by ESSGs at low cost resulting in an increased demand for these devices within this region. Moreover, rising government initiatives are being taken by various countries including Japan & Singapore aimed at reducing maternal mortality rate are likely boost regional growth over next eight years (2030).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global electrosurgical surgical generators market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing demand for minimally invasive surgeries. This is because these surgeries are less risky and cause less pain and scarring as compared to traditional open surgery procedures.
- Rising prevalence of chronic diseases: The rising prevalence of chronic diseases such as cancer, obesity, and cardiovascular diseases is also contributing to the growth of the electrosurgical surgical generators market. Electrosurgical devices are used in various types of cancer treatments such as tumor ablation, endoscopic resection, and laparoscopic surgery.
- Technological advancements: The development of new technologies in electrosurgery is leading to the introduction of innovative products in this market which is aiding its growth. For instance, manufacturers are now introducing bipolar radiofrequency (RF) technology which offers several advantages over monopolar RF technology including lesser tissue damage and reduced operative time..
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrosurgical Surgical Generators Market Research Report
By Type
Monopole Electrosurgical Surgical Generators, Bipolar Electrosurgical Surgical Generators
By Application
Hospital, Ambulatory Surgery Center, Others
By Companies
Medtronic, DePuy, Aesculap, Olympus, Cooper Surgical, Karl Storz, Union Medical, ERBE, ACOMA, LED SPA, Soering, Wallach, AtriCure, Eschmann, Ethicon, Utah Medical, Ellman, KLS Martin, Lamidey, Bovie, Meyer-Haake, IBBAB, ConMed, 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
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Electrosurgical Surgical Generators Market Report Segments:
The global Electrosurgical Surgical Generators market is segmented on the basis of:
Types
Monopole Electrosurgical Surgical Generators, Bipolar Electrosurgical Surgical Generators
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, Ambulatory Surgery Center, 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:
- Medtronic
- DePuy
- Aesculap
- Olympus
- Cooper Surgical
- Karl Storz
- Union Medical
- ERBE
- ACOMA
- LED SPA
- Soering
- Wallach
- AtriCure
- Eschmann
- Ethicon
- Utah Medical
- Ellman
- KLS Martin
- Lamidey
- Bovie
- Meyer-Haake
- IBBAB
- ConMed
- Beijing Beilin
- Shanghai Hutong
- KINDY ELECTRONIC
Highlights of The Electrosurgical Surgical Generators 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 Surgical Generators
- Bipolar Electrosurgical Surgical Generators
- By Application:
- Hospital
- Ambulatory Surgery Center
- 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 Electrosurgical Surgical Generators 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?
Electrosurgical surgical generators are medical devices that use an electric current to cut, cauterize, or seal tissue.
Some of the key players operating in the electrosurgical surgical generators market are Medtronic, DePuy, Aesculap, Olympus, Cooper Surgical, Karl Storz, Union Medical, ERBE, ACOMA, LED SPA, Soering, Wallach, AtriCure, Eschmann, Ethicon, Utah Medical, Ellman, KLS Martin, Lamidey, Bovie, Meyer-Haake, IBBAB, ConMed, Beijing Beilin, Shanghai Hutong, KINDY ELECTRONIC.
The electrosurgical surgical generators 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 Electrosurgical Surgical Generators 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 Electrosurgical Surgical Generators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrosurgical Surgical Generators 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 Electrosurgical Surgical Generators 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 Electrosurgical Surgical Generators Market Size & Forecast, 2018-2028
4.5.1 Electrosurgical Surgical Generators Market Size and Y-o-Y Growth
4.5.2 Electrosurgical Surgical Generators Market Absolute $ Opportunity
Chapter 5 Global Electrosurgical Surgical Generators 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 Electrosurgical Surgical Generators Market Size Forecast by Type
5.2.1 Monopole Electrosurgical Surgical Generators
5.2.2 Bipolar Electrosurgical Surgical Generators
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electrosurgical Surgical Generators 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 Electrosurgical Surgical Generators Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Ambulatory Surgery Center
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrosurgical Surgical Generators 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 Electrosurgical Surgical Generators 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 Electrosurgical Surgical Generators Analysis and Forecast
9.1 Introduction
9.2 North America Electrosurgical Surgical Generators 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 Electrosurgical Surgical Generators Market Size Forecast by Type
9.6.1 Monopole Electrosurgical Surgical Generators
9.6.2 Bipolar Electrosurgical Surgical Generators
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 Electrosurgical Surgical Generators Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Ambulatory Surgery Center
9.10.3 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 Electrosurgical Surgical Generators Analysis and Forecast
10.1 Introduction
10.2 Europe Electrosurgical Surgical Generators 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 Electrosurgical Surgical Generators Market Size Forecast by Type
10.6.1 Monopole Electrosurgical Surgical Generators
10.6.2 Bipolar Electrosurgical Surgical Generators
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 Electrosurgical Surgical Generators Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Ambulatory Surgery Center
10.10.3 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 Electrosurgical Surgical Generators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electrosurgical Surgical Generators 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 Electrosurgical Surgical Generators Market Size Forecast by Type
11.6.1 Monopole Electrosurgical Surgical Generators
11.6.2 Bipolar Electrosurgical Surgical Generators
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 Electrosurgical Surgical Generators Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Ambulatory Surgery Center
11.10.3 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 Electrosurgical Surgical Generators Analysis and Forecast
12.1 Introduction
12.2 Latin America Electrosurgical Surgical Generators 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 Electrosurgical Surgical Generators Market Size Forecast by Type
12.6.1 Monopole Electrosurgical Surgical Generators
12.6.2 Bipolar Electrosurgical Surgical Generators
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 Electrosurgical Surgical Generators Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Ambulatory Surgery Center
12.10.3 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) Electrosurgical Surgical Generators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electrosurgical Surgical Generators 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) Electrosurgical Surgical Generators Market Size Forecast by Type
13.6.1 Monopole Electrosurgical Surgical Generators
13.6.2 Bipolar Electrosurgical Surgical Generators
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) Electrosurgical Surgical Generators Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Ambulatory Surgery Center
13.10.3 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 Electrosurgical Surgical Generators Market: Competitive Dashboard
14.2 Global Electrosurgical Surgical Generators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 DePuy
14.3.3 Aesculap
14.3.4 Olympus
14.3.5 Cooper Surgical
14.3.6 Karl Storz
14.3.7 Union Medical
14.3.8 ERBE
14.3.9 ACOMA
14.3.10 LED SPA
14.3.11 Soering
14.3.12 Wallach
14.3.13 AtriCure
14.3.14 Eschmann
14.3.15 Ethicon
14.3.16 Utah Medical
14.3.17 Ellman
14.3.18 KLS Martin
14.3.19 Lamidey
14.3.20 Bovie
14.3.21 Meyer-Haake
14.3.22 IBBAB
14.3.23 ConMed
14.3.24 Beijing Beilin
14.3.25 Shanghai Hutong
14.3.26 KINDY ELECTRONIC
