Press release
Monopolar Electrosurgery Market is projected to reach USD 2.64 Billion by 2030 : Cognitive Market Research
Monopolar Electrosurgery Market is projected to reach USD 2.64 Billion by 2030 : Cognitive Market Research
- Monopolar electrosurgery is a medical technique used in surgical procedures that use electrical current to coagulate or vaporize tissue. In this technique, an electrosurgical generator produces a high-frequency electrical current, which is delivered to the patient's tissue through hand electrodes. Electrodes can take many forms, such as blades, needles, or loops, depending on the type of procedure being performed. Depending on the mode selected on the electrosurgical generator, the electrical current heats tissue causing vaporization, coagulation, or cutting.
Summary:
• Global Monopolar Electrosurgery Market Size Was Valued at USD 1.94 Billion In 2022 And will reach USD 2.64 Billion by 2030 with a CAGR of 6.3 % During the Forecast Period (2023-2030).
• North America dominated the monopolar electrosurgery market.
"To know more about The Monopolar Electrosurgery Market statistics click here: https://www.cognitivemarketresearch.com/monopolar-electrosurgery-market-report
Market Dynamics:
- What are the driving factors for the monopolar electrosurgery market?
The increasing number of eye surgeries along with the growing prevalence of chronic diseases is the main driving factor contributing to the growth of the monopolar electrosurgery market.. The rise in chronic diseases such as cancer, cardiovascular diseases, and diabetes has led to an increase in demand for minimally invasive surgeries such as monopolar electrosurgery. Monopolar electrosurgery is a technique that provides a less invasive approach. Additionally, increasing healthcare expenditures is expected to surge market growth over the forecast period. However, the high cost of electro-surgery devices can be a significant barrier to the growth of the market in near future. Further, the development of new and innovative precision techniques in monopolar electrosurgery offers better outcome results. This is likely to create great opportunities for the market during the forecast period.
Market Segmentation:
Product
• Hand Instrument
• Electrosurgical Generator
• Return Electrode
• Electrosurgical Accessories
The hand instrument segment is a major revenue contributor in terms of product, hand instruments are a significant component of monopolar electrosurgery. These instruments are designed to be used with an electrosurgical generator to perform a variety of surgical procedures.
Surgery-Type
• General Surgery
• Obstetrics/Gynecology Surgery
• Urological Surgery
• Orthopedic Surgery
• Cardiovascular Surgery
• Cosmetic Surgery
• Neurosurgery
• Oncological Surgery
• Others
Based on the surgery type, general surgery held the largest share in 2022 owing to electrosurgery being largely used in general surgery as a minimally invasive surgical technique for cutting, coagulation, and tissue dissection. It has many advantages over traditional surgical techniques, including reduced blood loss, shorter operating times, and faster recovery times for patients. Laparoscopic surgery is a minimally invasive surgical technique that uses a small incision and a camera to perform surgical procedures.
End-User
• Hospitals, Clinics, & Ablation Centers
• Ambulatory Surgical Centers
• Research Laboratories & Academic Institutes
The Major Players in Monopolar Electrosurgery Market are:
CONMED Corporation, BOVIE MEDICAL, Encision Inc., Medtronic, Ethicon Inc., Olympus Corporation, BOWA electronic GmbH & Co. KG, Erbe Elektromedizin GmbH, Aesculap AG (B. Braun Melsungen AG), Meyer Haake GmbH
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Regional Analysis:
North America dominated the monopolar electrosurgery market
- As per CMR analysis, North America dominated the monopolar electrosurgery market in 2022 due to the wide presence of leading medical device players, the growing geriatric population, and recent advancements in electrosurgical technology. In North America, outpatient surgeries are becoming increasingly popular due to the shorter recovery time and reduced cost compared to inpatient procedures. Monopolar electrosurgery devices are normally used in outpatient surgeries, which is driving their demand the market growth in North America.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Monopolar Electrosurgery Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Monopolar Electrosurgery Market Segmentation
1.5.1 Monopolar Electrosurgery Market Regional Fragmentation
1.5.1 Monopolar Electrosurgery Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Monopolar Electrosurgery Market
Chapter 4 Global Monopolar Electrosurgery Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Monopolar Electrosurgery Market by Product Segmentation Analysis (2018-2030)
Chapter 10 Global Monopolar Electrosurgery Market by Surgery-Type Segmentation Analysis (2018-2030)
Chapter 11 Global Monopolar Electrosurgery Market by End User Segmentation Analysis (2018-2030)
Chapter 12 Global Monopolar Electrosurgery Market Regional Analysis
Chapter 13 North America Monopolar Electrosurgery Market Outlook (2018 - 2030)
Chapter 14 Europe Monopolar Electrosurgery Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Monopolar Electrosurgery Market Outlook (2018 - 2030)
Chapter 16 Latin America Monopolar Electrosurgery Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Monopolar Electrosurgery Market Outlook (2018 - 2030)
Chapter 18 Research Findings
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To know more Monopolar Electrosurgery Market TOC click here: https://www.cognitivemarketresearch.com/monopolar-electrosurgery-market-report#table_of_contents
Related report
• Surgical probes market - https://www.cognitivemarketresearch.com/surgical-probes-market-report
• Minimally invasive surgical instrument market - https://www.cognitivemarketresearch.com/minimally-invasive-surgical-instrument-market-report
• Surgical device market - https://www.cognitivemarketresearch.com/surgical-device-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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