Global Electrosurgical Generators Market Size, Trends & Growth Opportunity, By Type (Monopolar, and Bipolar), By Application (Optical, Dermatology, Cardiac, Dental, ENT, Urology, Neurology, and Others), and By End Users (Hospitals, Ambulatory Surgical Centres, and others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Report ID : IR100161 | Industries : Energy & Power | Published On :May 2024 | Page Count : 243
Global Electrosurgical Generators Market Size, Trends & Growth Opportunity, By Type (Monopolar, and Bipolar), By Application (Optical, Dermatology, Cardiac, Dental, ENT, Urology, Neurology, and Others), and By End Users (Hospitals, Ambulatory Surgical Centres, and others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Electrosurgical Generators Market
Global Electrosurgical Generators Market was valued at USD 2,550 million in 2021 and is expected to reach USD 3,900 million by 2027, at a CAGR 3.33% from 2022-2027.
Electrosurgical generator units enable the therapeutic endoscopy by providing the high-frequency electrical current which is needed to utilize many endoscopic accessories. Electrosurgical energy can be defined as the procedure of transformation of varying the electrical current which is produced by the electrosurgical generator units as thermal energy within tissue. Electrosurgical generators have a wide range of benefits such as less invasive, swift post-surgery recovery, and cause minimum infection.
Market Drivers
Increasing preference for minimally invasive procedures and rising prevalence of chronic diseases like cancer and kidney diseases are considered as key driving factors which are expected to boost the global electrosurgical generators market growth.
According to WHO, cancer was the leading cause of death globally, around 8.8 million deaths in 2015. Furthermore, rapid geriatric population and growing awareness among people will have a positive impact on market growth. Moreover, rise in technological advancements in electrosurgical generators shall drive the market growth.
Market Restraints
However, availability of other non-invasive ways of surgery is the restraining factor which is expected to hinder the global electrosurgical generators market growth further.
Market segmentation
The Global Electrosurgical Generators Market is segmented into type such as Monopolar, and Bipolar, by application such as Optical, Dermatology, Cardiac, Dental, ENT, Urology, Neurology, and Others.
Further, the market is segmented into end users such as Hospitals, Ambulatory Surgical Centres, and others.
Regional Analysis
The Global Electrosurgical Generators Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region dominates the electrosurgical generator systems market due to the rising healthcare infrastructure. Furthermore, technological advanced practice and rise in the expenses by citizens on healthcare will further propel the growth of the electrosurgical generator systems market in the region during the forecast period 2027.
Market key Players
Various key players are discussed in the Global Electrosurgical Generators Market Report including: Medtronic Plc, CONMED Corporation, Olympus, Erbe Elektromedizin GmbH, Symmetry Surgical, Inc. (Bovie), Ethicon (J&J), Utah Medical Products, Inc., Applied Medical Resources Corporation, XCELLANCE Medical Technologies, and DePuy.
For instance, in May 2019, Olympus launched its new ESG-150 electrosurgical generator which supplies high frequency electrical current that powers many endoscopic devices.
Market Taxonomy
By Type
• Monopolar
• Bipolar
By Application
• Optical
• Dermatology
• Cardiac
• Dental
• ENT
• Urology
• Neurology
• Others
By End User
• Hospitals
• Ambulatory Surgical Centres
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Electrosurgical Generators Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Electrosurgical Generators Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Electrosurgical Generators Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Electrosurgical Generators Market Share Analysis, By Type
5.3 Global Electrosurgical Generators Market Size and Forecast, By Type
5.3.1 Monopolar
5.3.2 Bipolar
6 Global Electrosurgical Generators Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Electrosurgical Generators Market Share Analysis, By Application
6.3 Global Electrosurgical Generators Market Size and Forecast, By Application
6.3.1 Optical
6.3.2 Dermatology
6.3.3 Cardiac
6.3.4 Dental
6.3.5 ENT
6.3.6 Urology
6.3.7 Neurology
6.3.8 Others
7 Global Electrosurgical Generators Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Electrosurgical Generators Market Share Analysis, By End User
7.3 Global Electrosurgical Generators Market Size and Forecast, By End User
7.3.1 Hospitals
7.3.2 Ambulatory surgical centres
7.3.3 Others
8 Global Electrosurgical Generators Market, By Region
8.1 Global Electrosurgical Generators Market Share Analysis, By Region
8.2 Global Electrosurgical Generators Market Share Analysis, By Region
8.3 Global Electrosurgical Generators Market Size and Forecast, By Region
9 North America Electrosurgical Generators Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 North America Electrosurgical Generators Market Share Analysis, By Type
9.3 North America Electrosurgical Generators Market Size and Forecast, By Application
9.4 North America Electrosurgical Generators Market Size and Forecast, By End User
9.5 North America Electrosurgical Generators Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Electrosurgical Generators Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Europe Electrosurgical Generators Market Share Analysis, By Type
10.3 Europe Electrosurgical Generators Market Size and Forecast, By Application
10.4 Europe Electrosurgical Generators Market Size and Forecast, By End User
10.5 Europe Electrosurgical Generators Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Electrosurgical Generators Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Asia Pacific Electrosurgical Generators Market Share Analysis, By Type
11.3 Asia Pacific Electrosurgical Generators Market Size and Forecast, By Application
11.4 Asia Pacific Electrosurgical Generators Market Size and Forecast, By End User
11.5 Asia Pacific Electrosurgical Generators Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Electrosurgical Generators Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Latin America Electrosurgical Generators Market Share Analysis, By Type
12.3 Latin America Electrosurgical Generators Market Size and Forecast, By Application
12.4 Latin America Electrosurgical Generators Market Size and Forecast, By End User
12.5 Latin America Electrosurgical Generators Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Electrosurgical Generators Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Middle East Electrosurgical Generators Market Share Analysis, By Type
13.3 Middle East Electrosurgical Generators Market Size and Forecast, By Application
13.4 Middle East Electrosurgical Generators Market Size and Forecast, By End User
13.5 Middle East Electrosurgical Generators Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Medtronic Plc
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 CONMED Corporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Olympus
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Erbe Elektromedizin GmbH
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Symmetry Surgical, Inc. (Bovie)
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Ethicon (J&J)
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 DePuy
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Applied Medical Resources Corporation
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 XCELLANCE Medical Technologies
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Utah Medical Products, Inc.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies