Market Overview:
The Global Multifunctional High Frequency Knifes 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 market is segmented into monopolar circuit and bipolar circuit. Monopolar circuits are more common than bipolar circuits due to their simplicity and low cost.
Product Definition:
Multifunctional High Frequency Knives are special knives that use a high frequency electrical current to cut through materials. They are often used in industrial and manufacturing settings to quickly cut through metal or other hard materials. Multifunctional High Frequency Knives can also be used for surgical procedures, as they produce a clean and precise cut with little damage to the surrounding tissue.
Monopolar Circuit:
Monopolar circuit is a special type of electric circuit in which one end of the wire (the positive terminal) is connected to power source and other end (negative terminal) is connected to device or object to be operated. In this case, only one end of the wire can be used as an input because if both ends are used then it becomes difficult for person to handle it.
Bipolar Circuit:
The bipolar circuit is used in multifunctional high frequency knifes. It helps to deliver electrical signals and power efficiently. The circuit consists of a battery, an insulated gate dielectric, one or more electrodes and a control electrode. The control electrode controls the electric current through the gate dielectric by changing its potential according to need.
Application Insights:
The others segment includes cardiovascular, thoracic and vascular surgeries. Endoscopic surgeries are expected to be the fastest-growing application segment over the forecast period owing to increasing number of endoscopic procedures worldwide.
Endoscopic surgery is an increasingly popular procedure that involves use of a high frequency knife for cutting through tissue or bone. The other advantages associated with this technology include precise targeting of surgical sites and reduced trauma compared with conventional open surgery techniques. This is likely to bode well for overall industry growth in near future.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D investments by various companies and rising adoption of advanced technologies in hospitals & healthcare centers. In addition, growing number of product launches is also anticipated to drive growth in this region. For instance, Stryker Corporation launched a monopolar RF knife system -Striker S2 System- for endoscopic surgery and neurosurgery applications in North America that allows physicians or surgeons to perform more complex procedures with improved efficiency and accuracy (Striker Surgical Inc., 2016).
Asia Pacific regional market captured a revenue share of over 20% owing to increasing government initiatives for developing healthcare infrastructure coupled with rising awareness about advanced medical treatments & devices among people especially patients, relatives & friends which leads them choose hospitals based on these factors (Global Times Online, 2015).
Growth Factors:
- Increasing demand for multifunctional knives from the commercial sector as they are versatile and can be used for a variety of purposes.
- Rising popularity of outdoor activities, such as camping and hiking, is driving the demand for multifunctional knives as they are ideal for these activities.
- The increasing number of women who are taking up outdoor activities is also propelling the growth of the multifunctional knife market.
- Growing interest in bushcrafting and other survival skills has led to an increase in demand for multifunctional knives among consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Multifunctional High Frequency Knifes Market Research Report
By Type
Monopolar Circuit, Bipolar Circuit
By Application
Endoscopic Surgery, Neurosurgery, Others
By Companies
Covidien(Medtronic), DePuy Synthes(Johnson & Johnson), Ethicon, Olympus, AtriCure, ConMed, Bovie Medical Corporation, Karl Storz, ALSA, Erbe Elektromedizin Gmbh, Covidien(Medtronic)
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Multifunctional High Frequency Knifes Market Report Segments:
The global Multifunctional High Frequency Knifes market is segmented on the basis of:
Types
Monopolar Circuit, Bipolar Circuit
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
Endoscopic Surgery, Neurosurgery, 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:
- Covidien(Medtronic)
- DePuy Synthes(Johnson & Johnson)
- Ethicon
- Olympus
- AtriCure
- ConMed
- Bovie Medical Corporation
- Karl Storz
- ALSA
- Erbe Elektromedizin Gmbh
- Covidien(Medtronic)
Highlights of The Multifunctional High Frequency Knifes 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:
- Monopolar Circuit
- Bipolar Circuit
- By Application:
- Endoscopic Surgery
- Neurosurgery
- 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 Multifunctional High Frequency Knifes 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?
Multifunctional high frequency knives are designed to have multiple functions, such as slicing and dicing. They can be used for a variety of tasks, such as cutting meat or vegetables.
Some of the major companies in the multifunctional high frequency knifes market are Covidien(Medtronic), DePuy Synthes(Johnson & Johnson), Ethicon, Olympus, AtriCure, ConMed, Bovie Medical Corporation, Karl Storz, ALSA, Erbe Elektromedizin Gmbh, Covidien(Medtronic).
The multifunctional high frequency knifes 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 Multifunctional High Frequency Knifes 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 Multifunctional High Frequency Knifes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Multifunctional High Frequency Knifes 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 Multifunctional High Frequency Knifes 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 Multifunctional High Frequency Knifes Market Size & Forecast, 2018-2028 4.5.1 Multifunctional High Frequency Knifes Market Size and Y-o-Y Growth 4.5.2 Multifunctional High Frequency Knifes Market Absolute $ Opportunity
Chapter 5 Global Multifunctional High Frequency Knifes 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 Multifunctional High Frequency Knifes Market Size Forecast by Type
5.2.1 Monopolar Circuit
5.2.2 Bipolar Circuit
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Multifunctional High Frequency Knifes 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 Multifunctional High Frequency Knifes Market Size Forecast by Applications
6.2.1 Endoscopic Surgery
6.2.2 Neurosurgery
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multifunctional High Frequency Knifes 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 Multifunctional High Frequency Knifes 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 Multifunctional High Frequency Knifes Analysis and Forecast
9.1 Introduction
9.2 North America Multifunctional High Frequency Knifes 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 Multifunctional High Frequency Knifes Market Size Forecast by Type
9.6.1 Monopolar Circuit
9.6.2 Bipolar Circuit
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 Multifunctional High Frequency Knifes Market Size Forecast by Applications
9.10.1 Endoscopic Surgery
9.10.2 Neurosurgery
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 Multifunctional High Frequency Knifes Analysis and Forecast
10.1 Introduction
10.2 Europe Multifunctional High Frequency Knifes 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 Multifunctional High Frequency Knifes Market Size Forecast by Type
10.6.1 Monopolar Circuit
10.6.2 Bipolar Circuit
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 Multifunctional High Frequency Knifes Market Size Forecast by Applications
10.10.1 Endoscopic Surgery
10.10.2 Neurosurgery
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 Multifunctional High Frequency Knifes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Multifunctional High Frequency Knifes 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 Multifunctional High Frequency Knifes Market Size Forecast by Type
11.6.1 Monopolar Circuit
11.6.2 Bipolar Circuit
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 Multifunctional High Frequency Knifes Market Size Forecast by Applications
11.10.1 Endoscopic Surgery
11.10.2 Neurosurgery
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 Multifunctional High Frequency Knifes Analysis and Forecast
12.1 Introduction
12.2 Latin America Multifunctional High Frequency Knifes 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 Multifunctional High Frequency Knifes Market Size Forecast by Type
12.6.1 Monopolar Circuit
12.6.2 Bipolar Circuit
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 Multifunctional High Frequency Knifes Market Size Forecast by Applications
12.10.1 Endoscopic Surgery
12.10.2 Neurosurgery
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) Multifunctional High Frequency Knifes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Multifunctional High Frequency Knifes 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) Multifunctional High Frequency Knifes Market Size Forecast by Type
13.6.1 Monopolar Circuit
13.6.2 Bipolar Circuit
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) Multifunctional High Frequency Knifes Market Size Forecast by Applications
13.10.1 Endoscopic Surgery
13.10.2 Neurosurgery
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 Multifunctional High Frequency Knifes Market: Competitive Dashboard
14.2 Global Multifunctional High Frequency Knifes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Covidien(Medtronic)
14.3.2 DePuy Synthes(Johnson & Johnson)
14.3.3 Ethicon
14.3.4 Olympus
14.3.5 AtriCure
14.3.6 ConMed
14.3.7 Bovie Medical Corporation
14.3.8 Karl Storz
14.3.9 ALSA
14.3.10 Erbe Elektromedizin Gmbh
14.3.11 Covidien(Medtronic)