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Global Electrosurgical Devices Market - Segmented by Product, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4591735
  • Report
  • Region: Global
  • 112 pages
  • Mordor Intelligence
until Dec 31st 2019
1 of 5


  • B. Braun Melsungen Ag
  • Bovie Medical
  • Conmed Corporation
  • Covidien Plc
  • Johnson & Johnson
  • Medtronic Plc
  • MORE
The global electrosurgical devices market is expected to register a CAGR of approximately 6.5% during 2018 to 2023 (the forecast period). The electrosurgical devices are used for surgical cutting or control bleeding by causing coagulation at the surgical site, which is driven primarily by the rise of the minimally invasive devices and increasing adoption of technologically advanced products. Increased technological advancements, rising investment for R&D programs, and the presence of several medical devices manufacturers are expected to contribute to the growth of North America in the global market.

Rise in the Chronic Diseases and Geriatric Population

There has been a significant rise in the geriatric population, which is increasingly vulnerable to various disorders, such as ocular, cardiovascular, stroke, obesity, cancer, diabetes, gastric diseases, intestinal illnesses, and others. Stroke is one of the major causes of deaths, and accounts for 11.13% of the total deaths, globally. The increasing prevalence of these diseases, with rising public awareness as well as higher healthcare expenditure in developed markets, is helping in the growth of the market.

Other factors playing a vital role in the growth of this market include rising demand for minimally invasive procedures, increasing government initiatives to improve elective surgery, and technological advancements in electrosurgical instruments.

Stringent Regulatory Standards

The stringent regulatory standards are one of the major obstacles in the growth of the electrosurgical devices market. For a medical device, the regulatory requirement is increasingly stringent throughout the product lifecycle, including during its services and delivery. In 2016, International Organization for Standardization (ISO) issued a new set of standards in the European Union and the US Food and Drug Administration. In India, several stringent industrial and labor laws have been implemented, making the manufacturing plant responsible for any breach of compliance.

Other factors, such as risk of product recalls, are responsible for hampering the growth of the electrosurgical devices market.

US is Expected to Dominate the Market Share

The United States is expected to dominate the global market in the forecast period. The rise in technological advancements, the presence of global medical devices manufacturers, increasing surgical procedures with higher healthcare expenditure helps in the growth of the market, in this region. Other factors are the rise in chronic problems associated with geriatric population. With that, according to the American Society for Metabolic and Bariatric Surgery, nearly 13% of the population in the United States is expected to undergo bariatric surgery by 2020, which will further contribute to its growth.

Key Developments in the Market
  • January 2018 - Bovie Medical patented the surgical product, J-Plasma and announced the first patient enrollment for use in dermal skin resurfacing.

Reasons to Purchase this Report
  • Current and future of the global electrosurgical devices market outlook in the developed and emerging markets
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness the fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3 months analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report

This report can be customized to meet your requirements.
Note: Product cover images may vary from those shown
2 of 5


  • B. Braun Melsungen Ag
  • Bovie Medical
  • Conmed Corporation
  • Covidien Plc
  • Johnson & Johnson
  • Medtronic Plc
  • MORE
1. Introduction
1.1 Market Definition

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview
5.1 Current Market Scenario
5.2 Porter's Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threat of New Entrants
5.2.4 Threat of Substitute Product and Services
5.2.5 Competitive Rivalry within the Industry

6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
6.1 Market Drivers
6.1.1 Rise in Chronic Diseases and Geriatric Population
6.1.2 Increasing Demand for Minimally Invasive Procedures
6.1.3 Increasing Government Initiatives to Improve Elective Surgery
6.1.4 Technological Advancements in Electrosurgical Instruments
6.2 Market Restraints
6.2.1 Stringent Regulatory Frameworks
6.2.2 Lack of Skilled Professional in Surgery
6.2.3 Product Recall
6.3 Opportunities
6.4 Key Challenges

7. Market Segmentation
7.1 By Product
7.1.1 Electrosurgical Generators
7.1.2 Argon and Smoke Management Systems
7.1.3 Electrosurgical Instruments and Accessories Bipolar Instruments Monopolar Instruments Accessories
7.2 By Application
7.2.1 General Surgery
7.2.2 Orthopedic Surgery
7.2.3 Gynecology Surgery
7.2.4 Cardiovascular Surgery
7.2.5 Cosmetic Surgery
7.2.6 Neurosurgery
7.2.7 Others
7.3 By Geography
7.3.1 North America United States Canada Mexico
7.3.2 Europe France Germany United Kingdom Italy Spain Rest of Europe
7.3.3 Asia-Pacific China Japan India Australia South Korea Rest of Asia-Pacific
7.3.4 Middle East & Africa GCC South Africa Rest of Middle East & Africa
7.3.5 South America Brazil Argentina Rest of South America

8. Competitive Landscape
8.1 Mergers & Acquisition Analysis
8.2 Agreements, Collaborations, and Partnerships
8.3 New Products Launches

9. Key Players
9.1 Applied Medical Resources Corporation
9.2 B. Braun Melsungen AG
9.3 Boston Scientific Corporation
9.4 Bovie Medical
9.5 Conmed Corporation
9.6 Covidien PLC
9.7 Johnson & Johnson
9.8 Medtronic PLC
9.9 Smith & Nephew PLC
9.10 Stryker Corporation
9.11 List Not Exhaustive

10. Future of the Market
Note: Product cover images may vary from those shown
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4 of 5
  • Applied Medical Resources Corporation
  • B. Braun Melsungen Ag
  • Boston Scientific Corporation
  • Bovie Medical
  • Conmed Corporation
  • Covidien Plc
  • Johnson & Johnson
  • Medtronic Plc
  • Smith & Nephew Plc
  • Stryker Corporation
Note: Product cover images may vary from those shown
5 of 5