Electrosurgical Devices Global Market

–Forecast to 2025

Electrosurgical devices Global Market estimated to be worth $6,273.2 million

by 2025

IQ4I Research & Consultancy published a new report on “Electrosurgical devices

Global Market – Forecast To 2025” This report analyzes and studies the overall market,
major drivers & Opportunities, Restraints & Threats in North America, Europe, Asia-Pacific
and Rest of the World

IQ4I’s Report Contains 99 market data tables and 108 figures spread through
354 pages and an exhaustive TOC on “Electrosurgical Devices Global
Market [PRODUCTS (Generators & Monitors, Instruments/units {Monopolar
(Contact monopolar (Electrodes, Pencils, coagulation and irrigation, forceps)
Non-Contact (Argon, Helium), Bipolar (Vessel sealing, Forceps)}, Smoke
management Systems & Accessories); SURGERY (Cardiovascular, Cosmetic &
Dermatology, Dental, Gastrointestinal, General, Gynecological, Neurosurgical,
Oncology, Orthopedic, Urological and Others); REGIONAL (North America,
Europe, Asia Pacific and Rest of the World)]

Electrosurgery procedures employ devices where electrical energy is used to achieve a

desired clinical effect in which a radio-frequency (RF), alternating current at a various
voltage ranging from 200-10,000V is passed through the biological tissues to cut, coagulate,
desiccate, or even to fuse tissue. Its benefit includes the ability to make precise cuts with
limited blood loss during surgery. In electrosurgical procedures, the tissue is heated by an
alternate current. Even though electrical devices are used for the cauterization of tissue in
some applications, electrosurgery is considered as a quite different method than
electrocautery as they utilize heat conduction from a probe heated by a direct current. The
main advantage of using electrosurgical devices over electrocautery devices is that they
reduce damage to the surrounding tissues as these devices are highly precise where the
Low voltage is preferred for cut modes and a high voltage is preferred for coagulation mode.
According to IQ4I analysis, the electrosurgical devices global market is expected to grow at
mid single digit CAGR to reach $6,273.2 million by 2025.

Increase in the use of minimally invasive surgeries, rapid growth in the aging population,
growing number of cosmetic surgeries, prevalence of obesity and its related surgeries,
advancement of technology, and demand for electrosurgical procedures in emerging regions
are driving the growth of the electrosurgical devices global market. However, the risk of side
effects, rising incidence of product recalls, preference for non-invasive procedures,
healthcare reforms especially government pressure to minimize healthcare costs and pricing

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Electrosurgical Devices Global Market

–Forecast to 2025

pressure on device manufacturers are restraining the growth of electrosurgical devices

global market.

Technological advancements and new product launches are mainly observed such as
launch of geometric electron modulation technology by Ethicon In 2017, which is a new
category of intelligent device that focuses energy to the tapered edges of a blade and
modulates the power level to create a low voltage plasma and maintains the constant
minimum voltage required for cutting at the surgical site. It achieves an optimal cutting effect
resulting in significantly less thermal damage when compared to standard Monopolar
electrosurgery. In 2018, new products were lunched which includes, introduction of Irrigation
Tubing Bipolar Cord Sets by New Deantronics Taiwan Ltd which are intended to provide
irrigation and energy simultaneously to bipolar forceps.

The electrosurgical market is highly consolidated but characterized by multiple merger &
acquisitions, expansions, deals, agreements and new product launches as to expand their
respective service portfolios. For instance, in February 2019 CONMED acquired Buffalo filter
that develops, manufactures and markets smoke evacuation technologies, which is
complementary to CONMED's Advanced Surgical portfolio. In 2018, Cathay Manufacturing
Corporation launched Disposable Electrosurgical Pencils, CP1001 Series in which used for
cutting and coagulation to remove tissue and control bleeding by using high frequency
during electrosurgical with a specified Electrosurgery Unit (ESU) generator.

The electrosurgery devices market is segmented based on products, surgery and

geography. Among the electrosurgical products, instrument/units held the largest market
share in 2018. In electrosurgical instruments market, the monopolar instruments held the
largest market share in 2018 followed by bipolar instruments. Monopolar has a wide range of
options and modalities such as cut, blend, desiccation, and fulguration and also because of
its versatility and effectiveness Monopolar has the highest share.

Among surgeries, oncology held the largest market share in 2018. Cosmetic & dermatology
surgery segment is expected to grow at high single digit CAGR due to the rising awareness
and growing adoption rate of these treatments.

In electrosurgical devices global market based on geography, North American region held
the largest market share in 2018 and the market is expected to grow at mid-single digit
CAGR due to the availability of highly advanced healthcare facilities, growing awareness
about the technological advancements, availability of Medicare and third party insurance

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Electrosurgical Devices Global Market

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facilities, easy availability of skilled personnel and Asia-pacific is the fastest growing region
and is expected to grow at high single digit CAGR from 2018 to 2025 due to increasing in
healthcare spending, advancements in healthcare facilities, growing number of health
insurers.

Some of the major companies operating in the electrosurgical devices market area. Braun
Melsungen AG (Germany), Apyx Medical Corporation (U.S.), Bowa Electronic GmbH & Co.
KG (Germany), CONMED Corporation (U.S.), Medtronic, PLC (Covidien) (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.) and KLS MARTIN Group, LLC (Germany) are
considered to be the leaders in this space with their marketed products and strong pipelines.
Some of the emerging players in electrosurgical devices are ÜZÜMCÜ Medical Equipment
(Turkey), Telea electronics engineering (Italy), Olives (India), Atricure Inc., (U.S.), Stryker
Corporation (U.S.), Arthrex Inc., (U.S.), Wisap medical technology (Germany), and Maxer
Endoscopy (Germany), etc.,

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Reasons for buying this report:

 Analysis of the electrosurgical devices global market by identifying various segments
by product, surgery and geography.
 Revenue forecast of the electrosurgical devices market and strategic analysis of
each submarket with respect to segmental growth trends.
 Analysis of the major market trends and factors driving or inhibiting the growth of the
electrosurgical devices global market.
 Revenue forecast of the electrosurgical devices market with respect to North
America, Europe, Asia-Pacific and the Rest of the World (RoW) regions with country
level data.
 Analysis of the opportunities for stakeholders by identifying the high-growth
segments of the market.
 Regional market share analysis of electrosurgical devices by major players.
 Market share analysis of key players in electrosurgical devices, details of their
product offerings, revenues, business strategies and SWOTs
 Established and Emerging players (104 companies) and their product offerings.
 Price and procedural volume analysis of electrosurgical products.

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FIGURE 1

ELECTROSURGICAL DEVICES GLOBAL MARKET SEGMENTATION

Electrosurgical Devices Global Market

Products Surgery Region

Generators Instruments/ Smoke Cardiovasc

& Monitors Units Mgmt
Accessories NA EU APAC ROW
ular
Cosmetic &
Monopolar Bipolar Derma. U.S. Germany Japan Brazil

Vessel Dental Rest of Rest of

Contact Non-contact U.K. China
sealing N.A. LATAM
General
Bipolar Surgery Middle
Electrodes Argon France India
Forceps East
Gynec-
ology Rest of
Pencils Helium Rest of EU
APAC
Neuro.
Coag.&
irrigation
Oncology
Forceps
Ortho-
pedic

Urology

Others

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