+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Electrosurgical Devices Market by Type and Electrosurgical Accessories and Application - Global Opportunity Analysis and Industry Forecast, 2014-2022

  • ID: 4612743
  • Report
  • Region: Global
  • 232 pages
  • Allied Analytics LLP
1 of 4

Electrosurgery refers to the use of high-frequency electric current during surgical procedures for the purpose of coagulation, cutting, and fulguration of tissues. Electrosurgery devices enable the surgeons to make precise cuts with controlled blood loss. The global electrosurgical devices market accounted for $2,214 million in 2015, and is expected to reach $3,894 million by 2022, growing at a CAGR of 8.3% from 2017 to 2022.

The growth of the electrosurgical devices market is driven by rise in number of surgical procedures globally, large pool of geriatric population, increase in prevalence of chronic diseases, and technological advancements. However, stringent government regulations for product approval is expected to hamper the market growth.

The electrosurgical devices market is segmented on the basis of product type, application, and geography. Based on product type, the market is categorized into electrosurgery generators, electrosurgery instruments & accessories, and argon & smoke management systems. The electrosurgery instruments & accessories segment is further bifurcated into electrosurgery equipment (bipolar electrosurgery instruments and monopolar electrosurgery instruments) and electrosurgery accessories (patient return electrodes, cords, cables, and adapters, and others).

Applications covered in the study include general surgery, gynecology surgery, urologic surgery, orthopedic surgery, cardiovascular surgery, cosmetic surgery, neurosurgery, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominated the global market in 2015. Asia-Pacific and LAMEA are expected to emerge as the regions with maximum growth potential.

KEY MARKET BENEFITS

The study provides an in-depth analysis of the global electrosurgical devices market with current trends and future estimations to elucidate the investment pockets.
The report provides a quantitative analysis from 2014 to 2022 that enables the stakeholders to capitalize on prevailing market opportunities.
Extensive analysis of the global electrosurgical devices market, by product and application, helps to understand the various types of product used for different applications.
Key market players within the global electrosurgical devices market are profiled in this report, and their strategies are analyzed thoroughly, which predict the competitive outlook of the market.

KEY MARKET SEGMENT

By Product Type

Electrosurgical Generators
Electrosurgical Instruments & Accessories
Electrosurgery Instruments
Bipolar Instruments
Advanced Vessel Sealing Instruments
Bipolar Forceps
Monopolar Instruments
Electrosurgical Pencils
Electrosurgical Electrodes
Suction Coagulators
Monopolar Forceps
Electrosurgery Accessories
Patient Return Electrodes or Dispersive Electrodes
Cords, Cables, and Adapters
Others (Foot Switches, Carts, and Tip Cleaners)
Argon & Smoke Management Systems

By Application

General Surgery
Gynecology Surgery
Urologic Surgery
Orthopedic Surgery
Cardiovascular Surgery
Cosmetic Surgery

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
Japan
India
China
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

KEY PLAYERS

B. Braun Melsungen AG
Bovie Medical Corporation
Megadyne Medical Products Inc.
CONMED Corporation
Medtronic Plc.
Johnson & Johnson Private Limited
ERBE Elektromedizin GmbH
KLS Martin Group
Olympus Corporation
Utah Medical Products, Inc.

Note: Product cover images may vary from those shown
2 of 4
Chapter: 1 INTRODUCTION
1.1. Report Description
1.2. Key Benefits
1.3. Key Market Segment
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.5. ANALYST TOOLS AND MODELS

Chapter: 2 EXECUTIVE SUMMARY
2.1. Key Findings Of The Study
2.2. CXO Perspective

Chapter: 3 MARKET OVERVIEW
3.1. Market Definition And Scope
3.2. Key Findings
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.2.2.1. Product approval, launch, & enhancement
3.2.2.2. Acquisition and Mergers:
3.2.2.3. Agreements, Collaborations, & Partnerships
3.3. Porter's Five Force's Analysis
3.3.1. Bargaining power of buyers (Low to Moderate)
3.3.2. Bargaining power of suppliers (Low)
3.3.3. Threat of new entrants (Low)
3.3.4. Threat of substitute products (Low to moderate)
3.3.5. Intensity of competitive rivalry (High)
3.4. Market Share Analysis Of Electrosurgical Energy Devices, 2015
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. Regulatory Analysis
3.6.1. Medical devices regulations in U.S.

Chapter: 4 ELECTROSURGICAL DEVICES MARKET, BY PRODUCTS
4.1. Overview
4.1.1. Market Size and Forecast
4.2. Electrosurgical Generators
4.2.1. Key Market Trends
4.2.2. Key Growth Factors And Opportunities
4.2.3. Market Size And Forecast
4.3. Argon And Smoke Management Systems
4.3.1. Key Market Trends
4.3.2. Key Growth Factors And Opportunities
4.3.3. Market Size And Forecast
4.4. Electrosurgical Instruments And Accessories
4.4.1. Key Market Trends
4.4.2. Key Growth Factors And Opportunities
4.4.3. Market Size And Forecast
4.4.4. Electrosurgical Instruments
4.4.4.1. Market Size And Forecast
4.4.4.2. Bipolar Instruments
4.4.4.2.1. Market Size And Forecast
4.4.4.2.2. Advanced Vessel Sealing Instruments Market Size And Forecast
4.4.4.2.3. Bipolar forceps Market Size and Forecast
4.4.4.3. Monopolar Electrosurgical Instruments
4.4.4.3.1. Market Size And Forecast
4.4.4.3.2. Electrosurgical Pencils Market Size and Forecast
4.4.4.3.3. Electrosurgical Electrodes Market Size and Forecast
4.4.4.3.4. Suction Coagulators Market Size and Forecast
4.4.4.3.5. Monopolar Forceps Market Size and Forceps
4.4.5. Electrosurgical Accessories
4.4.5.1. Market Size and Forecast
4.4.5.2. Patient Return Electrodes or Dispersive Electrodes Market Size And Forecast
4.4.5.3. Cords, Cables, and Adapters Market Size and Forecast
4.4.5.4. Others accessories (Foot Switches, Carts, and Tip Cleaners) Market Size and Forecast

Chapter: 5 ELECTROSURGICAL DEVICES MARKET, BY APPLICATION
5.1. OVERVIEW
5.1.1. Market size and forecast
5.2. GENERAL SURGERY
5.2.1. Market size and forecast
5.3. GYNECOLOGY SURGERY
5.3.1. Market size and forecast
5.4. UROLOGIC SURGERY
5.4.1. Market size and forecast
5.5. ORTHOPEDIC SURGERY
5.5.1. Market size and forecast
5.6. CARDIOVASCULAR SURGERY
5.6.1. Market size and forecast
5.7. PLASTIC AND RECONSTRUCTIVE/COSMETIC SURGERIES
5.7.1. Market size and forecast
5.8. NEUROSURGERY
5.8.1. Market size and forecast
5.9. OTHERS
5.9.1. Market size and forecast

Chapter: 6 ELECTROSURGICAL DEVICES MARKET, BY GEOGRAPHY
6.1. OVERVIEW
6.2. GLOBAL ELECTROSURGICAL DEVICES MARKET, BY REGION
6.2.1. North America
6.2.2. Europe
6.2.3. Asia-Pacific
6.2.4. LAMEA

Chapter: 7 NORTH AMERICA: ELECTROSURGICAL DEVICES MARKET ANALYSIS AND FORECAST
7.1. OVERVIEW
7.2. KEY MARKET TRENDS
7.3. KEY GROWTH FACTORS AND OPPORTUNITIES
7.4. MARKET SIZE AND FORECAST
7.4.1. North America electrosurgical devices market, by country, 2014-2022
7.4.1.1. U.S.: market size and forecast
7.4.1.2. Canada market size and forecast
7.4.1.3. Mexico market size and forecast
7.4.2. North America electrosurgical devices market analysis, by type, 2014-2022
7.4.2.1. Electrosurgical generators market
7.4.2.2. Electrosurgical instruments & accessories market
7.4.2.3. Electrosurgical argon and smoke management systems market
7.4.3. North America electrosurgical devices market analysis, by application, 2014-2022
7.4.3.1. General surgery market
7.4.3.2. Gynecology surgery market
7.4.3.3. Urologic surgery market
7.4.3.4. Orthopedic surgery market
7.4.3.5. Cardiovascular surgery market
7.4.3.6. Cosmetic surgery market
7.4.3.7. Neurosurgery market
7.4.3.8. Other surgeries market

Chapter: 8 EUROPE ELECTROSURGICAL DEVICES MARKET ANALYSIS AND FORECAST
8.1. OVERVIEW
8.2. KEY MARKET TRENDS
8.3. KEY GROWTH FACTORS AND OPPORTUNITIES
8.4. MARKET SIZE AND FORECAST
8.4.1. Europe electrosurgical devices market, by country, 2014-2022
8.4.1.1. Germany: market size and forecast
8.4.1.2. France market size and forecast
8.4.1.3. UK market size and forecast
8.4.1.4. Italy market size and forecast
8.4.1.5. Spain market size and forecast
8.4.1.6. Rest of Europe market size and forecast
8.4.2. Europe electrosurgical devices market, by type, 2014-2022
8.4.2.1. Electrosurgical generators market
8.4.2.2. Electrosurgical instruments & accessories market
8.4.2.3. Argon and smoke management systems market
8.4.3. Europe electrosurgical devices market analysis, by application, 2014-2022
8.4.3.1. General surgery market
8.4.3.2. Gynecology surgery market
8.4.3.3. Urologic surgery market
8.4.3.4. Orthopedic surgery market
8.4.3.5. Cardiovascular surgery market
8.4.3.6. Cosmetic surgery market
8.4.3.7. Neurosurgery market
8.4.3.8. Other surgeries market

Chapter: 9 ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET ANALYSIS AND FORECAST
9.1. Overview
9.2. Key Market Trends
9.3. Key Growth Factors And Opportunities
9.4. Market Size And Forecast
9.4.1. Asia-Pacific electrosurgical devices market, by country, 2014-2022
9.4.1.1. Japan: market size and forecast
9.4.1.2. China market size and forecast
9.4.1.3. India market size and forecast
9.4.1.4. Rest of Asia-Pacific market size and forecast
9.4.2. Asia-Pacific electrosurgical devices market, by type, 2014-2022
9.4.2.1. Electrosurgical generators market
9.4.2.2. Electrosurgical instruments & accessories market
9.4.2.3. Electrosurgical argon and smoke management systems market
9.4.3. Asia-Pacific electrosurgical devices market, by application, 2014-2022
9.4.3.1. General surgery market
9.4.3.2. Gynecology surgery market
9.4.3.3. Urologic surgery market
9.4.3.4. Orthopedic surgery market
9.4.3.5. Cardiovascular surgery market
9.4.3.6. Cosmetic surgery market
9.4.3.7. Neurosurgery market
9.4.3.8. Other surgeries market

Chapter: 10 LAMEA ELECTROSURGICAL DEVICES MARKET ANALYSIS AND FORECAST
10.1. Overview
10.2. Key Market Trends
10.3. Key Growth Factors And Opportunities
10.4. Market Size And Forecast
10.4.1. LAMEA electrosurgical devices market, by country, 2014-2022
10.4.1.1. Latin America: market size and forecast
10.4.1.2. Middle East market size and forecast
10.4.1.3. Africa market size and forecast
10.4.2. LAMEA electrosurgical devices market, by type, 2014-2022
10.4.2.1. Electrosurgical generators market
10.4.2.2. Electrosurgical instruments & accessories market
10.4.2.3. Electrosurgical argon and smoke management systems market
10.4.3. LAMEA electrosurgical devices market, by application, 2014-2022
10.4.3.1. General surgery market
10.4.3.2. Gynecology surgery market
10.4.3.3. Urologic surgery market
10.4.3.4. Orthopedic surgery market
10.4.3.5. Cardiovascular surgery market
10.4.3.6. Cosmetic surgery market
10.4.3.7. Neurosurgery market
10.4.3.8. Other surgeries market

Chapter: 11 COMPANY PROFILES
11.1. OLYMPUS CORPORATION
11.1.1. Overview
11.1.2. Operating business segments
11.1.3. Business performance
11.1.4. Strategic moves and developments
11.2. CONMED CORPORATION
11.2.1. Overview
11.2.2. Operating business segments
11.2.3. Business performance
11.2.4. Key strategic moves and developments
11.3. KLS MARTIN (KLS) GROUP
11.3.1. Overview
11.3.2. Operating business segments
11.3.3. Business performance
11.3.4. Key strategic moves and developments
11.4. Bovie Medical Corporation
11.4.1. Overview
11.4.2. Operating business segments
11.4.3. Business performance
11.4.4. Key strategic moves and developments
11.5. UTAH MEDICAL PRODUCTS, INC.
11.5.1. Overview
11.5.2. Operating business segments
11.5.3. Business performance
11.6. MEDTRONIC PLC.
11.6.1. Overview
11.6.2. Operating business segments
11.6.3. Business performance
11.6.4. Key strategic moves and developments
11.7. ERBE ELEKTROMEDIZIN GMBH.
11.7.1. Overview
11.7.2. Operating business segments
11.7.3. Business performance
11.8. JOHNSON AND JOHNSON PVT. LTD.
11.8.1. Overview
11.8.2. Operating business segments
11.8.3. Business performance
11.8.4. Key strategic moves and developments
11.9. B. BRAUN MELSUNGEN AG
11.9.1. Overview
11.9.2. Operating business segments
11.9.3. Business performance
11.10. MEGADYNE MEDICAL PRODUCTS, INC.
11.10.1. Overview
11.10.2. Operating business segments
11.10.3. Business performance
11.10.4. Key strategic moves and developments
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
The Electrosurgical Devices Market was valued at $2,214 million in 2015, and is projected to reach $3,894 million by 2022, growing at a CAGR of 8.3% from 2016 to 2022. The electrosurgical instruments & accessories segment held over two-fifths share of the total market in 2015.

Electrosurgical devices are widely used in various surgeries such as neurosurgery,general surgeryand orthopedic surgeries to cut, coagulate, dissect, fulgurate, ablateand shrink tissues. The major factors that drive the growth of this market include increase in the number of surgical procedures, rise in geriatric population, and increase in the demand of minimally invasive surgeries. However, stringent FDA rules for product approval is anticipated to restrain the market growth during the forecast period.

The electrosurgery instruments & accessories segment held the largest market share in 2015, and expected to grow at the highest CAGR of 8.5% during the alysis period. This is attributed to surge in adoption and demand for electrosurgical devices in various surgeries and rise in number of surgical procedures.
The general surgery application segment held the largest market share in 2015 due to high adoption rate of electrosurgical devices. The cosmetic surgery segment is expected to grow at the fastest CAGR of 9.3% owing to increase in number of aesthetic surgical procedures.

Key findings OF THE ELECTROSURGICAL DEVICES MARKET

Electrosurgical instruments & accessories was the leading product segment in 2015.
North America is projected to grow at a CAGR of 8.0% during alysis period.
The general surgery segment is estimated to grow at the CAGR of 8.5%.
U.S. was the major shareholder in the North American electrosurgical devices market in 2015.
The global argon & smoke magement system market is expected to grow at a CAGR of 8.3% during the study period.

North America was the highest revenue contributor in 2015, owing to increase in healthcare expenditure, well-established healthcare system, and higher demand for technically advanced electrosurgical devices. However, Asia-Pacific is projected to be grow with the highest CAGR of 10.4% due to rise healthcare expenditure, increase in per capita income, and improvement in healthcare infrastructure.

The major companies profiled in the report include B. Braun Melsungen AG, Bovie Medical Corporation, Megadyne Medical Products, Inc., Conmed Corporation, Medtronic Plc., Johnson & Johnson, ERBE Elektromedizin GmbH, KLS Martin Group, Olympus Corporation, and Utah Medical Products, Inc.
Note: Product cover images may vary from those shown
5 of 4

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...

Adroll
adroll