Electrosurgery Devices Market Overview
The global Electrosurgery Devices market is expected to rise at a significant rate in the next few years due to increased demand for effective medical procedures. A surge in demand for the industry is also being driven by increased expansion in the healthcare infrastructure. The industry is booming thanks to rapid technological improvements in many parts of the world. One of the primary factors driving market expansion in the worldwide Electrosurgery Devices market is the massive increase in healthcare spending.
Furthermore, pneumology, urology, gynecology, abdominal surgery, general surgery, and gastroenterology are just a few of the surgeries that involve electrosurgical instruments. Electrosurgical devices are used in a variety of medical disciplines, which has resulted in a major increase in demand for electrosurgical devices. The high demand for minor surgeries is unmet. These factors ultimately boost the growth of the global Electrosurgery Devices market.
Moreover, other advantages of electrosurgical devices include a low risk to the patient, a faster recovery time, convenience of use, and a low risk of infection, all of which contribute to higher adoption of these devices. In addition, a growing number of health institutions are choosing electrosurgical procedures over traditional surgical procedures. All of these important factors contribute to the growth of the global Electrosurgery Devices market.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Product Type, Application, End User, and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Bovie Medical Corporation, Medtronic, B. Braun Melsungen AG, Ebre Elektromedizin GmbH, Boston Scientific Corporation, Olympus, Johnson & Johnson, Symmetry Surgical Inc., CONMED, KLS Martin, and BOWA-electronic GmbH & Co.KG. |
Covid-19 Impact on Electrosurgery Devices Market
In addition, the current Electrosurgery Devices Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Electrosurgery Devices Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Electrosurgery Devices Market Segment Overview
According to the Application, the General Surgery segment accounted for the largest share of the Electrosurgery Devices market. The large share of this segment can be mainly attributed to the growing elderly population and the resulting increase in the frequency of various diseases/conditions, the growing number of surgical procedures performed, and the rising incidence of obesity. Based on Product Type, the Radiofrequency Electrosurgery Devices segment is expected to hold the major share in the Electrosurgery Devices market. As well, Electrosurgical Accessories is another fastest-growing segment in the market. This segment is predicted to grow in the next years as a result of key players' innovations, the introduction of new products, and the rising use of disposable accessories.
Electrosurgery Devices Market, By Product Type
- Radiofrequency Electrosurgery Devices
- Monopolar
- Bipolar
- Electrocautery Devices
- Monopolar
- Bipolar
- Electrosurgical Accessories
Electrosurgery Devices Market, By Application
· General Surgery
· Gynecology
· Cardiology
· Urology
· Dermatology and Cosmetology
· Orthopedics
· Neurology
· Oncology
· Dentistry
· Gastrointestinal Surgery
Electrosurgery Devices Market, By End User
· Hospitals
· Ambulatory Surgery Centers
· Specialized Clinics
Electrosurgery Devices Regional Overview
In terms of region, North America hold the maximum share in the global Electrosurgery Devices market. Growing surgical procedures, mergers and acquisitions, product variations, and readily available products are all contributing more to the growth of the market in this region. Furthermore, the market in this region is growing due to an increase in the geriatric population, an increase in the obese population suffering from orthopedic and cardiac problems, and an increase in cancer disorders. Because of the growing concentration of medical device makers and considerable expenditure in research & development, North America is likely to be the leading region during the projection period. Similarly, the market in the Asia Pacific is anticipated to rise at a considerable rate in the forthcoming years. The growing patient population, rising demand for minimally invasive surgeries, advancements in healthcare infrastructure, and increased research activities are all contributing to the region's market expansion.
Electrosurgery Devices Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Electrosurgery Devices Market, Key Players
· Bovie Medical Corporation
· Medtronic
· B. Braun Melsungen AG
· Ebre Elektromedizin GmbH
· Boston Scientific Corporation
· Olympus
· Johnson & Johnson
· Symmetry Surgical Inc.
· CONMED
· KLS Martin
· BOWA-electronic GmbH & Co.KG.
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Electrosurgery Devices market during the forecast period?
The Electrosurgery Devices market is expected to record a CAGR of ~ 6 % during the forecast period.
Q2. What are the driving factors for the Electrosurgery Devices market?
The increased demand for effective medical procedures, increased expansion in the healthcare infrastructure, a massive increase in healthcare spending, and increase in demand for electrosurgical devices, are some significant factors that boost the growth of the Electrosurgery Devices market.
Q3. Which Segments are covered in the Electrosurgery Devices market report?
Product Type, Application, End-User, and Region, these segments are covered in the Electrosurgery Devices market report.
Q4. Which segment is projected to hold the largest share in the Electrosurgery Devices Market?
The General Surgery segment is projected to hold the largest share in the Electrosurgery Devices Market.
Q5. Which are the prominent players in the Electrosurgery Devices Market?
Bovie Medical Corporation, Medtronic, B. Braun Melsungen AG, Ebre Elektromedizin GmbH, Boston Scientific Corporation, Olympus, Johnson & Johnson, Symmetry Surgical Inc., CONMED, KLS Martin, and BOWA-electronic GmbH & Co.KG. are some key players in the Electrosurgery Devices Market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Electrosurgery Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. Radiofrequency Electrosurgery Devices
- 5.2.1.1. Monopolar
- 5.2.1.2. Bipolar
- 5.2.2. Electrocautery Devices
- 5.2.2.1. Monopolar
- 5.2.2.2. Bipolar
- 5.2.3. Electrosurgical Accessories
- 5.2.1. Radiofrequency Electrosurgery Devices
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. General Surgery
- 5.3.2. Gynecology
- 5.3.3. Cardiology
- 5.3.4. Urology
- 5.3.5. Dermatology and Cosmetology
- 5.3.6. Orthopedics
- 5.3.7. Neurology
- 5.3.8. Oncology
- 5.3.9. Dentistry
- 5.3.10. Gastrointestinal Surgery
- 5.4. Market Analysis, Insights and Forecast – By End User
- 5.4.1. Hospitals
- 5.4.2. Ambulatory Surgery Centers
- 5.4.3. Specialized Clinics
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Electrosurgery Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product Type
- 6.2.1. Radiofrequency Electrosurgery Devices
- 6.2.1.1. Monopolar
- 6.2.1.2. Bipolar
- 6.2.2. Electrocautery Devices
- 6.2.2.1. Monopolar
- 6.2.2.2. Bipolar
- 6.2.3. Electrosurgical Accessories
- 6.2.1. Radiofrequency Electrosurgery Devices
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. General Surgery
- 6.3.2. Gynecology
- 6.3.3. Cardiology
- 6.3.4. Urology
- 6.3.5. Dermatology and Cosmetology
- 6.3.6. Orthopedics
- 6.3.7. Neurology
- 6.3.8. Oncology
- 6.3.9. Dentistry
- 6.3.10. Gastrointestinal Surgery
- 6.4. Market Analysis, Insights and Forecast – By End User
- 6.4.1. Hospitals
- 6.4.2. Ambulatory Surgery Centers
- 6.4.3. Specialized Clinics
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Electrosurgery Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. Radiofrequency Electrosurgery Devices
- 7.2.1.1. Monopolar
- 7.2.1.2. Bipolar
- 7.2.2. Electrocautery Devices
- 7.2.2.1. Monopolar
- 7.2.2.2. Bipolar
- 7.2.3. Electrosurgical Accessories
- 7.2.1. Radiofrequency Electrosurgery Devices
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. General Surgery
- 7.3.2. Gynecology
- 7.3.3. Cardiology
- 7.3.4. Urology
- 7.3.5. Dermatology and Cosmetology
- 7.3.6. Orthopedics
- 7.3.7. Neurology
- 7.3.8. Oncology
- 7.3.9. Dentistry
- 7.3.10. Gastrointestinal Surgery
- 7.4. Market Analysis, Insights and Forecast – By End User
- 7.4.1. Hospitals
- 7.4.2. Ambulatory Surgery Centers
- 7.4.3. Specialized Clinics
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Electrosurgery Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product Type
- 8.2.1. Radiofrequency Electrosurgery Devices
- 8.2.1.1. Monopolar
- 8.2.1.2. Bipolar
- 8.2.2. Electrocautery Devices
- 8.2.2.1. Monopolar
- 8.2.2.2. Bipolar
- 8.2.3. Electrosurgical Accessories
- 8.2.1. Radiofrequency Electrosurgery Devices
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. General Surgery
- 8.3.2. Gynecology
- 8.3.3. Cardiology
- 8.3.4. Urology
- 8.3.5. Dermatology and Cosmetology
- 8.3.6. Orthopedics
- 8.3.7. Neurology
- 8.3.8. Oncology
- 8.3.9. Dentistry
- 8.3.10. Gastrointestinal Surgery
- 8.4. Market Analysis, Insights and Forecast – By End User
- 8.4.1. Hospitals
- 8.4.2. Ambulatory Surgery Centers
- 8.4.3. Specialized Clinics
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Electrosurgery Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product Type
- 9.2.1. Radiofrequency Electrosurgery Devices
- 9.2.1.1. Monopolar
- 9.2.1.2. Bipolar
- 9.2.2. Electrocautery Devices
- 9.2.2.1. Monopolar
- 9.2.2.2. Bipolar
- 9.2.3. Electrosurgical Accessories
- 9.2.1. Radiofrequency Electrosurgery Devices
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. General Surgery
- 9.3.2. Gynecology
- 9.3.3. Cardiology
- 9.3.4. Urology
- 9.3.5. Dermatology and Cosmetology
- 9.3.6. Orthopedics
- 9.3.7. Neurology
- 9.3.8. Oncology
- 9.3.9. Dentistry
- 9.3.10. Gastrointestinal Surgery
- 9.4. Market Analysis, Insights and Forecast – By End User
- 9.4.1. Hospitals
- 9.4.2. Ambulatory Surgery Centers
- 9.4.3. Specialized Clinics
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Bovie Medical Corporation
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Medtronic
- 10.6. B. Braun Melsungen AG
- 10.7. Ebre Elektromedizin GmbH
- 10.8. Boston Scientific Corporation
- 10.9. Olympus
- 10.10. Johnson & Johnson
- 10.11. Symmetry Surgical Inc.
- 10.12. CONMED
- 10.13. KLS Martin
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
