Dublin, Feb. 16, 2021 (GLOBE NEWSWIRE) -- The "Electrosurgical Devices Global Market - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
According to this report the electrosurgical devices global market is estimated to reach $6,635.6 million by 2027.
Electrosurgery units (ESU's) are the medical devices used for surgical cutting or to manage blood loss by causing coagulation (homeostasis) during surgery. Electrosurgical devices are used for almost all types of surgeries such as cardiac, orthopedic, cosmetic and dermatological, gynecological, plastic surgery, ENT, maxillofacial, urological, neurological and general surgical procedures as well as certain dental procedures, etc. The increasing acceptance of electrosurgical devices is mainly due to the advancements in electrosurgical devices such as reduction of collateral damage to tissues, eschar (dead tissues) formation and also limiting the sticking of tissues.
The electrosurgical devices global market is segmented mainly based on products, application, end-user and geography.
The electrosurgical device's product market is segmented into electrosurgical electrodes, instruments/units, smoke management, and accessories. Instruments/units market accounted for the largest share in 2020. Electrosurgical instruments/units are further sub-segmented as monopolar and bipolar instruments, where bipolar instruments occupied the largest share in 2020 and projected to grow at a high single-digit CAGR from 2020 to 2027. The monopolar instruments market is further segmented into contact and non-contact monopolar instruments. The non-contact monopolar devices market is expected to grow at a high single-digit CAGR from 2020 to 2027.
The contact monopolar instruments are further segmented into electrosurgical electrodes, electrosurgical pencils, suction coagulators & irrigation devices and others. Among the contact monopolar instrument segments, electrosurgical pencils commanded the largest revenue and are expected to grow at a mid single-digit CAGR from 2020 to 2027. The non-contact monopolar instruments are further segmented into, argon based systems and helium-based systems, among these, Argon based systems segment and is expected to grow at a high single-digit CAGR from 2020 to 2027.
The bipolar instruments market is further sub-segmented into vessel sealing devices and bipolar forceps. The vessel sealing devices commanded the largest revenue in 2020 and is expected to grow at a high single-digit CAGR from 2020 to 2027. The electrosurgical accessories market is segmented into patient return electrodes, smoke management accessories, footswitches, cord, cables and adapters and others. Among these, the patient return electrodes segment commanded the largest revenue in 2020 and is expected to grow at a mid single-digit CAGR from 2020 to 2027.
Some of the major companies operating in the electrosurgical devices market area:
B.Braun Melsungen AG (Germany), Apyx Medical Corporation (U.S.), Bowa Electronic GmbH & Co. KG (Germany), CONMED Corporation (U.S.), Medtronic, PLC (Ireland), Erbe Electromedizin GmbH (Germany), Johnson & Johnson (Ethicon) (U.S.), Olympus Corporation (Japan), Smith & Nephew PLC (U.K.), Utah Medical Products Inc. (U.S.), Applied Medical Resources Corporation (U.S.), Boston Scientific Corporation (U.S.), Karl Storz SE & Co. KG (Germany), Arthrex Inc., (U.S.), Cooper Companies, Inc., (U.S.), Stryker Corporation (U.S.), Richard Wolf GmbH (Germany) and KLS Martin Group (Germany).
Key Topics Covered:
1 Executive Summary
2 Introduction
2.1 Key Takeaways
2.2 Report Scope
2.3 Report Description
2.4 Markets Covered
2.5 Stakeholders
2.6 Research Methodology
2.6.1 Market Size Estimation
2.6.2 Market Crackdown and Data Triangulation
2.6.3 Secondary Sources
2.6.4 Primary Sources
2.6.5 Key Data Points from Secondary Sources
2.6.6 Key Data Points from Primary Sources
2.6.7 Assumptions
3 Market Overview
3.1 Introduction
3.2 Market Segmentation
3.3 Factors Influencing Market
3.4 Market Dynamics
3.4.1 Drivers and Opportunities
3.4.1.1 Increasing Adoption of Minimally Invasive Surgeries
3.4.1.2 Rapid Growth in the Aging Population
3.4.1.3 the Growing Number of Cosmetic Surgery Procedures
3.4.1.4 Prevalence of Obesity and Its Related Surgeries
3.4.1.5 Advancement in Technology
3.4.1.6 Demand for Electrosurgical Procedures in the Emerging Regions
3.4.2 Restraints and Threats
3.4.2.1 Risk of Side Effects
3.4.2.2 Increase in the Number of Product Recalls
3.4.2.3 Preference for Non-Invasive Procedures
3.4.2.4 Healthcare Reforms Especially Government Pressure to Minimize Healthcare Costs
3.4.2.5 Pricing Pressure on Device Manufacturers
3.4.2.6 Postponement and Cancellation of Surgeries Due to Covid-19
3.5 Regulatory Affairs
3.5.1 International Organization for Standardization
3.5.1.1 Iso 9001: 2015 Quality Management System
3.5.1.2 Iso 13485 Medical Devices
3.5.2 The U.S.
3.5.3 Europe
3.5.4 China
3.5.5 India
3.5.6 Japan
3.6 Porter's Five Force Analysis
3.7 Market Share Analysis
3.7.1 Electrosurgical Devices Global Market
3.8 Patent Trends
3.9 Reimbursement Scenario
3.10 Technologic Advancements
3.10.1 Radiofrequency Ballon Ablation
3.10.2 Eclipsia+ 27.12Mhz Advanced Thermocoagulation System
3.11 Supply Chain Analysis
3.12 Volume of Electrosurgery Assisted Surgical Procedures
4 Electrosurgical Devices Market, by Products
4.1 Introduction
4.2 Electrosurgical Generators and Monitors
4.3 Electrosurgical Instruments/Units
4.3.1 Monopolar Instruments
4.3.1.1 Contact Monopolar Instruments
4.3.1.1.1 Electrosurgical Electrodes
4.3.1.1.2 Electrosurgical Pencils
4.3.1.1.3 Suction Coagulators and Irrigation Devices
4.3.1.1.4 Others
4.3.1.2 Non-Contact (Plasma) Monopolar Instruments
4.3.1.2.1 Argon Based Systems
4.3.1.2.2 Helium Based Systems
4.3.2 Bipolar Instruments/Units
4.3.2.1 Vessel Sealing Devices
4.3.2.2 Bipolar Forceps
4.4 Smoke Management Systems
4.5 Electrosurgical Accessories
4.5.1 Patient Return Electrodes
4.5.2 Smoke Management System Accessories
4.5.3 Foot Switches, Cords, Cables and Adapters
4.5.4 Other Accessories (Disposables, Care and Cleaning Agents)
5 Electrosurgical Devices Market, by Applications
5.1 Introduction
5.2 Cardiovascular Surgery
5.3 Cosmetic & Dermatology Surgery
5.4 Dental Surgery
5.5 Gastrointestinal Surgery
5.6 General Surgery
5.7 Gynecological Surgery
5.8 Neurological Surgery
5.9 Oncology
5.10 Orthopedic Surgery
5.11 Urology
5.12 Other Surgeries
6 Electrosurgical Devices Global Market, by End-Users
6.1 Introduction
6.2 Hospitals
6.3 Ambulatory Surgical Centers (ASC)
6.4 Clinics/Physician's Office
7 Regional Market Analysis
7.1 Introduction
7.2 North America
7.2.1 the United States (U.S.)
7.2.2 Rest of North America
7.3 Europe
7.3.1 Germany
7.3.2 France
7.3.3 United Kingdom (U.K.)
7.3.4 Rest of Europe
7.4 Asia-Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Rest of Apac
7.5 Rest of the World (Row)
7.5.1 Brazil
7.5.2 Rest of Latin America (Latam)
7.5.3 Middle East & Africa
8 Company Developments
8.1 Introduction
8.2 Approvals
8.3 New Product Launches
8.4 Acquisitions
9 Major Companies
9.1 Applied Medical Resource Corporation
9.1.1 Overview
9.1.2 Financials
9.1.3 Product Portfolio
9.1.4 Key Developments
9.1.5 Business Strategy
9.1.6 SWOT Analysis
9.2 B. Braun Melsungen AG
9.2.1 Overview
9.2.2 Financials
9.2.3 Product Portfolio
9.2.4 Key Developments
9.2.5 Business Strategy
9.2.6 SWOT Analysis
9.3 Conmed Corporation
9.3.1 Overview
9.3.2 Financials
9.3.3 Product Portfolio
9.3.4 Key Developments
9.3.5 Business Strategy
9.3.6 SWOT Analysis
9.4 Erbe Elektromedizin GmbH
9.4.1 Overview
9.4.2 Financials
9.4.3 Product Portfolio
9.4.4 Key Developments
9.4.5 Business Strategy
9.4.6 SWOT Analysis
9.5 Johnson & Johnson (Ethicon & Megadyne)
9.5.1 Overview
9.5.2 Financials
9.5.3 Product Portfolio
9.5.4 Key Developments
9.5.5 Business Strategy
9.5.6 SWOT Analysis
9.6 KLS Martin Group
9.6.1 Overview
9.6.2 Financials
9.6.3 Product Portfolio
9.6.4 Key Developments
9.6.5 Business Strategy
9.6.6 SWOT Analysis
9.7 Medtronic, plc
9.7.1 Overview
9.7.2 Financials
9.7.3 Product Portfolio
9.7.4 Key Developments
9.7.5 Business Strategy
9.7.6 SWOT Analysis
9.8 Olympus Corporation
9.8.1 Overview
9.8.2 Financials
9.8.3 Product Portfolio
9.8.4 Key Developments
9.8.5 Business Strategy
9.8.6 SWOT Analysis
9.9 Smith & Nephew, plc
9.9.1 Overview
9.9.2 Financials
9.9.3 Product Portfolio
9.9.4 Key Developments
9.9.5 Business Strategy
9.9.6 SWOT Analysis
9.10 Stryker Corporation
9.10.1 Overview
9.10.2 Financials
9.10.3 Product Portfolio
9.10.4 Key Developments
9.10.5 Business Strategy
9.10.6 SWOT Analysis
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