Market Overview:
The global monopolar electrosurgery 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 surgical procedures, technological advancements in electrosurgery devices, and rising demand for minimally invasive surgeries. Based on type, the global monopolar electrosurgery market can be segmented into hand instruments, electrosurgical generators, return electrodes, and accessories. The hand instruments segment is expected to account for the largest share of the global monopolar electrosurgery market in 2018. This segment is also projected to grow at a CAGR of 5.7% during the forecast period from 2018 to 2030. This growth can be attributed to factors such as rising demand for minimally invasive surgeries and technological advancements in hand instruments. Based on application, hospitals are expected to account for the largest share of the global monopolar electrosurgery market in 2018 followed by ambulatory surgical centers (ASCs).
Product Definition:
Monopolar electrosurgery is a surgical technique that uses an electric current to cut or destroy tissue. The electric current is passed from a metal electrode placed on the skin surface to another metal electrode placed in contact with the target tissue. This type of electrosurgery is used for cutting and coagulating (stopping bleeding) tissues.
Hand Instruments:
Hand Instruments, it's usage.
The global hand instrument market is expected to witness significant growth over the forecast period. The factors that propel the growth of this industry are increasing incidences of diseases that require surgical intervention, growing demand for minimally invasive procedures and technological advancements in medical devices.
Electrosurgical Generator:
Electrosurgical generator is a device used in monopolar electrosurgery. It generates electrical energy and supplies it to the instruments for performing surgeries. The surgical procedures can be performed without direct patient involvement as the energy does all the work.
Rise in prevalence of chronic diseases such as cardiovascular diseases.
Application Insights:
Based on application, the global monopolar electrosurgery market is segmented into hospitals, ambulatory surgical centers, and others. The hospitals segment dominated the market in 2017 owing to increasing prevalence of chronic diseases such as diabetes and cardiovascular diseases that require regular medical checkups at hospitals. In addition, rising incidences of carotid artery disease and cerebrovascular stroke are driving demand for monopolar devices in hospital settings across the globe.
The others segment includes dental clinics or offices that perform surgeries using a monopolar device due to low cost compared to conventional electric instruments used for surgery. This also includes procedures where there is no access to electricity such as military personnel deployed in remote areas who need minimally invasive surgeries with lower risk of complications post-surgery compared to conventional methods involving anesthesia or open surgery which may lead to death or disability among patients due these inaccessible areas.
Regional Analysis:
North America dominated the global monopolar electrosurgery market in 2016 with a revenue share of over 40%. The rising prevalence of chronic diseases such as cardiovascular, neurological, and orthopedic conditions is one of the major factors responsible for this dominance. According to data published by National Center for Health Statistics (NCHS), in 2015 around 30.3 million people reported with back pain; 26% said it interfered with their activities most days and 9% said it prevented them from doing normal activities. In addition, according to American Chiropractic Association (ACA), approximately 50 million Americans were suffering from some form of back pain in a given year.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The increasing demand for minimally invasive surgeries is one of the key growth drivers for the monopolar electrosurgery market. Minimally invasive surgeries are less traumatic and result in shorter hospital stays and faster recoveries as compared to traditional open surgery procedures. This is driving the adoption of monopolar electrosurgery devices, which offer superior precision and control over surgical cuts.
- Growing geriatric population: The global geriatric population is growing at a rapid pace and this is expected to drive the demand for advanced medical technologies such as monopolar electrosurgery devices. Elderly patients are more susceptible to health problems such as cancer, heart disease, and stroke, which can be treated with surgical procedures using these devices.
- Rising incidence of chronic diseases: The incidence of chronic diseases such as cancer, obesity, and diabetes is rising at an alarming rate across the world. This has led to an increase in the number of surgical procedures performed each year globally. Monopolar electrosurgery devices offer superior precision and control over surgical cuts making them ideal for use in complex surgery procedures related to these diseases conditions .
Scope Of The Report
Report Attributes
Report Details
Report Title
Monopolar Electrosurgery Market Research Report
By Type
Hand Instruments, Electrosurgical Generator, Return Electrode, Accessories
By Application
Hospitals, Ambulatory Surgical Centers, Others
By Companies
CONMED, BOVIE MEDICAL, Encision, Medtronic, Ethicon, Olympus, BOWA-electronic, Erbe Elektromedizin, Aesculap (B. Braun Melsungen), Meyer-Haake, CONMED
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Monopolar Electrosurgery Market Report Segments:
The global Monopolar Electrosurgery market is segmented on the basis of:
Types
Hand Instruments, Electrosurgical Generator, Return Electrode, Accessories
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
Hospitals, Ambulatory Surgical Centers, 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:
- CONMED
- BOVIE MEDICAL
- Encision
- Medtronic
- Ethicon
- Olympus
- BOWA-electronic
- Erbe Elektromedizin
- Aesculap (B. Braun Melsungen)
- Meyer-Haake
- CONMED
Highlights of The Monopolar Electrosurgery 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:
- Hand Instruments
- Electrosurgical Generator
- Return Electrode
- Accessories
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- 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 Monopolar Electrosurgery 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Monopolar electrosurgery is a type of electrosurgical procedure in which an electric current is passed through one electrode only. This technique is used to remove tissue or lesions from the skin, subcutaneous tissues, muscles, and bone.
Some of the major players in the monopolar electrosurgery market are CONMED, BOVIE MEDICAL, Encision, Medtronic, Ethicon, Olympus, BOWA-electronic, Erbe Elektromedizin, Aesculap (B. Braun Melsungen), Meyer-Haake, CONMED.
The monopolar electrosurgery 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 Monopolar Electrosurgery 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 Monopolar Electrosurgery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Monopolar Electrosurgery 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 Monopolar Electrosurgery 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 Monopolar Electrosurgery Market Size & Forecast, 2020-2028
4.5.1 Monopolar Electrosurgery Market Size and Y-o-Y Growth
4.5.2 Monopolar Electrosurgery 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 Hand Instruments
5.2.2 Electrosurgical Generator
5.2.3 Return Electrode
5.2.4 Accessories
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 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Monopolar Electrosurgery 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 Monopolar Electrosurgery 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 Hand Instruments
9.6.2 Electrosurgical Generator
9.6.3 Return Electrode
9.6.4 Accessories
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 Hospitals
9.10.2 Ambulatory Surgical Centers
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 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 Hand Instruments
10.6.2 Electrosurgical Generator
10.6.3 Return Electrode
10.6.4 Accessories
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 Hospitals
10.10.2 Ambulatory Surgical Centers
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 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 Hand Instruments
11.6.2 Electrosurgical Generator
11.6.3 Return Electrode
11.6.4 Accessories
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 Hospitals
11.10.2 Ambulatory Surgical Centers
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 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 Hand Instruments
12.6.2 Electrosurgical Generator
12.6.3 Return Electrode
12.6.4 Accessories
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 Hospitals
12.10.2 Ambulatory Surgical Centers
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) 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 Hand Instruments
13.6.2 Electrosurgical Generator
13.6.3 Return Electrode
13.6.4 Accessories
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 Hospitals
13.10.2 Ambulatory Surgical Centers
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 Monopolar Electrosurgery Market: Competitive Dashboard
14.2 Global Monopolar Electrosurgery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CONMED
14.3.2 BOVIE MEDICAL
14.3.3 Encision
14.3.4 Medtronic
14.3.5 Ethicon
14.3.6 Olympus
14.3.7 BOWA-electronic
14.3.8 Erbe Elektromedizin
14.3.9 Aesculap (B. Braun Melsungen)
14.3.10 Meyer-Haake
14.3.11 CONMED
