Market Overview:
The global portable electrosurgical analyzer 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 number of surgical procedures. In addition, the growing geriatric population is also contributing to the growth of this market. Based on type, the global portable electrosurgical analyzer market can be segmented into Bluetooth-enabled and non-Bluetooth-enabled devices. The Bluetooth-enabled devices segment is expected to grow at a higher CAGR than the non-Bluetooth enabled devices segment during the forecast period from 2018 to 2030. This can be attributed to their ability to provide real-time data transmission between surgical instruments and consoles, which helps surgeons in making better decisions during surgery. Based on application, hospitals are expected account for majority share of revenue generated by sales of portable electrosurgical analyzers globally by 2030 end followed by clinics owing its low cost as compared with hospital setting across regions studied in this research study .
Product Definition:
A Portable Electrosurgical Analyzer is a device used to measure the electrical properties of tissues during surgery. This information can be used to help optimize the surgical procedure.
Bluetooth:
Bluetooth is a wireless technology for connecting two devices together. It provides better connectivity and mobility as compared to traditional wire-based technologies. Bluetooth enables the users to exchange data over short distances using radio frequency signals. The technology has witnessed significant growth in recent years owing to its wide range of applications, which include wireless headsets, mobile phones, electronic keys, and medical telemetry systems among others.
Without Bluetooth:
The Bluetooth is a wireless technology used in portable electrosurgical analyzers for communication between the instrument and the user. It helps to transfer data such as status, battery life, temperature, and so on. The market is expected to grow at a CAGR of XX% from 2018-2022 due to increasing demand for Bluetooth enabled devices by surgeons worldwide.
Application Insights:
Based on the application, the market is segmented into hospitals, clinics and other healthcare facilities. The hospitals segment dominated the market in 2017 owing to increasing demand for minimally invasive surgeries. Portable electro-surgical analyzers are widely used in surgical procedures such as endoscopic procedures, arthroscopy laparoscopy gynecology urology and others. Increasing number of hospital admissions due to various diseases is expected to drive this segment over the forecast period. In addition, a rise in disposable income levels coupled with improved standard of living has led many people around the world to seek medical care at hospitals which further contributes towards segment growth.
The clinics & other healthcare facilities application segment is anticipated to witness significant growth over next eight years owing its low penetration rate compared with that of hospital applications across all regions combined (North America, Europe and Asia Pacific). This can be attributed primarily because majority of electro-surgical analyzers manufacturers have their offices or manufacturing units located outside U.S.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of a large number of players and high adoption rate for technologically advanced devices. The region is expected to maintain its dominance over the forecast period due to increasing demand for minimally invasive surgeries, rising prevalence of chronic diseases, and growing geriatric population.
Asia Pacific portable electrosurgical analyzer market is anticipated to grow at a lucrative rate during the forecast period due to factors such as improving healthcare infrastructure & availability of skilled surgeons, rising patient awareness levels regarding available treatments & associated benefits, government initiatives for creating awareness about PEL machines among physicians & patients along with other socio-economic factors. Moreover, increasing medical tourism in emerging economies such as India and China may also contribute towards growth in this region. For instance; As per an article published by International Medical Travel magazine; In 2015-2016 (FY 2016), India had 58% more medical tourists than FY 2011-2013 (FY 2014 - 15).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily owing to the benefits offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. The use of portable electrosurgical analyzers helps surgeons achieve these benefits by providing real-time feedback on the quality of the surgical incision and lesion formation.
- Growing popularity of laparoscopic surgery: Laparoscopic surgery is a type of minimally invasive surgery that uses small incisions in the abdomen to insert a thin tube with a camera (laparoscope) and other surgical instruments into the body cavity. This type of surgery offers several advantages over traditional open surgery, including less pain, shorter hospital stays, and faster recovery times. Portable electrosurgical analyzers are increasingly being used in laparoscopic surgeries to provide real-time feedback on tissue damage and lesion formation.
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Electrosurgical Analyzer Market Research Report
By Type
Bluetooth, Without Bluetooth
By Application
Hospitals, Clinics, Others
By Companies
FLUTE(Fluke Biomedical), BC Group(BC Biomedical), GMC Instruments, Datrend
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Portable Electrosurgical Analyzer Market Report Segments:
The global Portable Electrosurgical Analyzer market is segmented on the basis of:
Types
Bluetooth, Without Bluetooth
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, Clinics, 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:
- FLUTE(Fluke Biomedical)
- BC Group(BC Biomedical)
- GMC Instruments
- Datrend
Highlights of The Portable Electrosurgical Analyzer 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:
- Bluetooth
- Without Bluetooth
- By Application:
- Hospitals
- Clinics
- 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 Portable Electrosurgical Analyzer 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?
A Portable Electrosurgical Analyzer (PESA) is a medical device used to measure the electrical properties of tissue. It can be used to diagnose and treat various diseases by destroying diseased tissue with an electric current.
Some of the key players operating in the portable electrosurgical analyzer market are FLUTE(Fluke Biomedical), BC Group(BC Biomedical), GMC Instruments, Datrend.
The portable electrosurgical analyzer 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 Portable Electrosurgical Analyzer 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 Portable Electrosurgical Analyzer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Portable Electrosurgical Analyzer 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 Portable Electrosurgical Analyzer 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 Portable Electrosurgical Analyzer Market Size & Forecast, 2020-2028
4.5.1 Portable Electrosurgical Analyzer Market Size and Y-o-Y Growth
4.5.2 Portable Electrosurgical Analyzer 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 Bluetooth
5.2.2 Without Bluetooth
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 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable Electrosurgical Analyzer 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 Portable Electrosurgical Analyzer 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 Bluetooth
9.6.2 Without Bluetooth
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 Clinics
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 Bluetooth
10.6.2 Without Bluetooth
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 Clinics
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 Bluetooth
11.6.2 Without Bluetooth
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 Clinics
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 Bluetooth
12.6.2 Without Bluetooth
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 Clinics
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 Bluetooth
13.6.2 Without Bluetooth
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 Clinics
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 Portable Electrosurgical Analyzer Market: Competitive Dashboard
14.2 Global Portable Electrosurgical Analyzer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FLUTE(Fluke Biomedical)
14.3.2 BC Group(BC Biomedical)
14.3.3 GMC Instruments
14.3.4 Datrend
