Dublin, Oct. 18, 2022 (GLOBE NEWSWIRE) — The “electrosurgery market by product (instruments (bipolar, monopolar), accessories, generators, smoke evacuation systems), surgery (general, orthopedic, urological, cosmetic , Neurology), End User (Hospitals, Ambulatory Center) – Global Forecast to 2027 report” has been added to from ResearchAndMarkets.com offer.

The Electrosurgery Market is expected to reach USD 8.3 Billion by 2027 from USD 6.2 Billion in 2022 at a CAGR of 6.0% during the forecast period.

The growth of this market is mainly attributed to the increasing demand for minimally invasive procedures, innovation and technological advancements in electrosurgical instruments. However, the strict regulatory framework and shortage of surgeons is expected to hamper the market growth to some extent.

The electrosurgical instruments segment holds the largest share of the electrosurgical market in 2021.

The electrosurgical market is segmented into electrosurgical generators, electrosurgical instruments, electrosurgical accessories and smoke evacuation systems on the basis of product type. The electrosurgical instruments segment holds the largest share of the electrosurgical market in 2021.

The bipolar electrosurgical instruments segment is expected to grow at the fastest growth rate during the period 2022-2027.

The electrosurgical instruments market is segmented into bipolar and monopolar based on the electrode used. In 2021, the bipolar electrosurgical instruments segment accounted for the largest share of this market owing to the advantages of bipolar instruments, such as user-friendly interface, easy handling, reduced infection risks and faster patient recovery.

Advanced vessel sealing instruments hold the largest electrosurgery market share in 2021.

The electrosurgery market is segmented into advanced vessel sealing instruments and bipolar forceps based on type. The advanced vessel sealing instruments segment accounted for the largest share of 60.9% of the bipolar electrosurgical instruments market in 2021. This can be attributed to the high selling price of advanced vessel sealing instruments compared to bipolar clamps.

North America accounted for the largest electrosurgery market share in 2021.

The electrosurgery market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa based on type of region. North America holds the largest electrosurgery market share in 2021. The large share of this segment can be attributed to the large number of electrosurgery procedures performed in hospitals, increasing adoption of minimally invasive procedures , to the increasing adoption of technologically advanced surgical equipment, and the growing number of cosmetic and bariatric surgeries, and the increasing prevalence of chronic diseases.

Main topics covered:

1. Introduction

2 Research methodology

3 Executive summary

4 premium previews
4.1 Electrosurgery Market Overview
4.2 Regional Mix: Electrosurgery Market
4.3 Asia-Pacific: Electrosurgery Market, by Product and Country (2021)
4.4 Electrosurgery Market: Geographical Growth Opportunities
4.5 Electrosurgery Market: Developed Vs. Developing Markets

5 Market Overview
5.1 Presentation
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing prevalence of chronic diseases
5.2.1.2 Increase in demand for minimally invasive surgeries
5.2.1.3 Innovation and Technological Advancements in Electrosurgical Instruments
5.2.1.4 Increase in the number of hospitals associated with an increasing number of surgical procedures
5.2.1.5 Changing preference for day surgery in developed regions
5.2.2 Constraints
5.2.2.1 Risks associated with electrosurgical procedures
5.2.2.2 Rigorous regulatory framework
5.2.2.3 Shortage of surgeons
5.2.3 Opportunities
5.2.3.1 Emerging markets
5.2.3.2 Increased public funding to develop advanced medical treatments
5.2.3.3 Anticipated Increase in the Number of Cosmetic and Bariatric Procedures Due to the Rising Prevalence of Obesity
5.2.4 Challenges
5.2.4.1 Concerns about toxic fumes produced during surgical procedures

6 Industry Outlook
6.1 Industry trends
6.1.1 New product launches and strategic collaborations
6.1.2 Invention of smoke evacuation pencils
6.1.3 Robotic surgeries
6.2 Ecosystem/market map
6.3 Price Analysis
6.3.1 Price Analysis, by Product
6.3.2 Price Analysis, by Key Player
6.4 Patent Analysis
6.4.1 Patent Publication Trends for Electrosurgery
6.4.2 Jurisdiction and Analysis of Leading Candidates
6.5 Value chain analysis
6.6 Supply Chain Analysis
6.7 Porter’s Five Forces Analysis
6.8 Key Players and Purchase Criteria
6.8.1 Main players in the purchasing process
6.8.2 Purchase criteria
6.9 Key Conferences and Events, 2022-2023
6.10 Trends and Disruptions Affecting Customer Business
6.11 Regulatory landscape
6.12 Regulators, Government Agencies and Other Organizations
6.13 Business Analysis
6.14 Impact of COVID-19 on the Electrosurgery Market

7 Electrosurgery Market, By Product
7.1 Presentation
7.2 Electrosurgical instruments
7.2.1 Bipolar electrosurgical instruments
7.2.1.1 Advanced vessel sealing instruments
7.2.1.1.1 Advanced Vessel Sealing Instruments Segment to Dominate the Bipolar Instruments Market
7.2.1.2 Bipolar forceps
7.2.1.2.1 Increase in Cosmetic Procedures to Drive Segment Growth
7.2.2 Monopolar electrosurgical instruments
7.2.2.1 Electrosurgical pencils
7.2.2.1.1 Electrosurgical Pencil Segment to Dominate the Monopolar Instruments Market
7.2.2.2 Electrosurgical electrodes
7.2.2.2.1 Increasing Demand for Minimally Invasive Surgical Procedures to Drive Segment Growth
7.2.2.3 Aspirating coagulators
7.2.2.3.1 Increasing Demand for ENT Surgical Procedures to Drive Segment Growth
7.2.2.4 Monopolar forceps
7.2.2.4.1 Non-Stick Monopolar Tongs Introduction to drive Segment Growth
7.3 Electrosurgical generators
7.3.1 Technological advancements in electrosurgical generators have reduced the incidence of thermal injuries
7.4 Electrosurgical accessories
7.4.1 Patient return electrodes
7.4.1.1 Patient Return Electrodes Segment to Dominate the Electrosurgery Accessories Market
7.4.2 Cords, cables and adapters
7.4.2.1 Growing Adoption of Electrosurgical Instruments Drives Demand for These Accessories
7.4.3 Other electrosurgical accessories
7.5 Smoke exhaust systems
7.5.1 High Risk of Fire and Explosion, Contamination and Electrical Malfunction to Limit Segment Growth

8 Electrosurgery Market, By Type of Surgery
8.1 Presentation
8.2 General surgery
8.2.1 Increase in Bariatric Surgeries to Drive Segment Growth
8.3 Obstetric/gynecological surgery
8.3.1 Benefits Offered by Electrosurgery in Obstetrics and Gynecology Procedures to Drive Segment Growth
8.4 Orthopedic surgery
8.4.1 Orthopedic Surgery Segment is Expected to Grow at the Highest Rate over the Forecast Period
8.5 Cardiovascular surgery
8.5.1 Electrosurgery offers advantages such as precise cuts with limited blood loss in cardiovascular surgery
8.6 Cancer surgery
8.6.1 Rising Demand for Radiation Therapy and Chemotherapy to Affect Segment Growth
8.7 Cosmetic surgery
8.7.1 Risk of Electrosurgical Burns to Hamper Segment Growth
8.8 Urological surgery
8.8.1 Rising Incidence of Kidney and Urological Diseases to Drive Segment Growth
8.9 Neurosurgery
8.9.1 Increase in Patients with Neurological Disorders to Drive Segment Growth
8.10 Other surgeries

9 Electrosurgery Market, By End User
9.1 Presentation
9.2 Hospitals, clinics and ablation centers
9.2.1 Hospitals, clinics and ablation centers accounted for the largest market share in 2021
9.3 Ambulatory surgery centers
9.3.1 Increase in Day Surgeries to Support Segment Growth
9.4 Research laboratories and university institutes
9.4.1 Budget Restrictions Limit Researchers’ Adoption of High-End Electrosurgical Products

10 Electrosurgery Market, by Region

11 Competitive landscape
11.1 Overview
11.2 Key Player Strategies/Right to Win
11.3 Major Market Players Revenue Share Analysis
11.4 Market Share Analysis
11.5 Competitive Leadership Mapping
11.5.1 Stars
11.5.2 Emerging Leaders
11.5.3 Ubiquitous Players
11.5.4 Participants
11.6 Competitive Leadership Mapping for Startups/SMEs
11.6.1 Progressive companies
11.6.2 Starting Blocks
11.6.3 Sensitive businesses
11.6.4 Dynamic companies
11.7 Competitive Benchmarking
11.8 Company footprint
11.9 Competitive Scenarios and Trends
11.9.1 Product Launches
11.9.2 Offers
11.9.3 Other developments

12 company profiles
12.1 Key Players
12.1.1 Medtronic plc
12.1.2 Johnson & Johnson (Ethicon)
12.1.2.2 Products offered
12.1.3 Olympus Company
12.1.4 Conmed Company
12.1.5 B. Braun Melsungen
12.2 Other Players
12.2.1 Boston Scientific
12.2.2 Smith & Nephew plc
12.2.3 Erbe Electromedizin GmbH
12.2.4 Kls Martin
12.2.5 Bowa-Electronic GmbH & Co. Kg
12.2.6 Cooper, Inc. Companies
12.2.7 Kirwan LLC Surgical Products
12.2.8 Zimmer Biomet Holdings, Inc.
12.2.9 Utah Medical Products, Inc.
12.2.10 Encision, Inc.
12.2.11 Stryker Company
12.2.12 Meyer-Haake GmbH Medical Innovations
12.2.13 Surgical funds
12.2.14 IC Medical, Inc.
12.2.15 Symmetry Surgical Inc.
12.2.16 Applied Medical Resources Society

13 Appendix

For more information about this report, visit https://www.researchandmarkets.com/r/gevsfi

  • Global electrosurgery market