Monopolar Electrosurgery Market to Surpass USD2.43 Bn, Globally, Growing at a CAGR of 3.9% from 2019-2027: TMR Study

Transparency Market Research's recent report on the global 𝐦𝐨𝐧𝐨𝐩𝐨𝐥𝐚𝐫 𝐞𝐥𝐞𝐜𝐭𝐫𝐨𝐬𝐮𝐫𝐠𝐞𝐫𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 indicates a surge in demand for cost-effective devices, particularly in emerging economies like China, India, and Brazil. This rise is attributed to the increasing number of laparoscopic surgeries worldwide.

The market, valued at US$1.72 billion in 2018, is forecasted to grow at a CAGR of 3.9% to attain US$ 2.43 Bn from 2019 to 2027.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=28592&utm_source=OpenPR&utm_campaign=MansiR_OpenPR

𝐊𝐞𝐲 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

Elective surgery: Non-emergency surgery chosen by patients.

Governments supporting elective surgeries: Initiatives to improve access and reduce waiting times.

Rise in chronic diseases: Increases surgery demand, strains healthcare systems.

Lack of resources: Pressure on hospitals, financial and technological.

Government initiatives: Funding to hospitals to enhance access to elective surgeries.

Example: Victorian Government's US$420 million funding over four years (2013-2014) to improve elective surgery access in Australia.
Impact: Expected rise in demand for monopolar electrosurgery devices.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

Shift towards disposable monopolar electrosurgical devices for reducing the risk of cross-contamination.
Integration of advanced technologies such as robotics and artificial intelligence in electrosurgical devices.
Increasing focus on developing energy-efficient electrosurgical instruments to minimize tissue damage.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

CONMED Corporation,BOVIE MEDICAL,Medtronic,Ethicon, Inc.,Olympus Corporation,BOWA-electronic GmbH & Co. KG,Erbe Elektromedizin GmbH,Aesculap,AG (B. Braun Melsungen AG),,Meyer-Haake GmbH,

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞

Hand Instruments

Electrosurgical Pencils
Monopolar Forceps
Monopolar Electrodes
Electrosurgical Generator

Return Electrode

Single Use
Re-usable

𝐀𝐜𝐜𝐞𝐬𝐬𝐨𝐫𝐢𝐞𝐬

Footswitches
Connectors
Others

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

General Surgery
Gynecology Surgery
Cardiovascular Surgery
Cosmetic Surgery
Orthopedic Surgery
Urology Surgery
Others

𝐄𝐧𝐝-𝐮𝐬𝐞𝐫

Hospitals
Ambulatory Surgery Centers
Others

𝐆𝐞𝐭 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭, 𝐈𝐧𝐬𝐭𝐚𝐧𝐭𝐥𝐲:
https://www.transparencymarketresearch.com/checkout.php?rep_id=28592<ype=S&utm_source=OpenPR&utm_campaign=MansiR_OpenPR

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:

In October 2019, Apyx Medical announced that FDA has granted 510(k) approval for the Apyx Plasma/RF Handpiece. It is a single use, sterile electrosurgical device indicated for use in combination with compatible generators for the percutaneous delivery of helium plasma or radiofrequency energy for coagulation, cutting, and ablation of soft tissue.

In September 2019, Ethicon launched New Megadyne Mega Soft Reusable patient return electrode. This electrode eliminate the need for skin preparation. The electrode can be used for any size patient in a wide variety of electrosurgical procedures

In April 2017, BOVIE MEDICAL announced the U.S. FDA approval for its line of J-Plasma generators and hand-instruments incorporating the patented Cool-Coag technology in the U.S

In January 2017, Ethicon, Inc. announced the acquisition of Megadyne Medical Products, Inc., a private company in the U.S. that develops and offers electrosurgical products in the minimally invasive therapies market.

In August 2016, the U.S. FDA finalized two guidance's, Premarket Notification (510(k)) Submissions for Electrosurgical Devices for General Surgery and Premarket Notification (510(k)) Submissions for Bipolar Electrosurgical Vessel Sealers for General Surgery, for makers of electrosurgery devices.

𝐑𝐞𝐠𝐢𝐨𝐧𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝:

North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲 𝐏𝐨𝐢𝐧𝐭𝐬:

Market dynamics analysis including drivers, restraints, opportunities, and challenges.

Competitive landscape analysis covering key players, market strategies, and recent developments.

Market segmentation analysis based on service type, sourcing type, application, industry vertical, and region.

Regional analysis to identify growth opportunities and market trends across different geographic regions.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐌𝐑:

𝐓𝐡𝐞𝐫𝐦𝐨𝐬𝐢𝐩𝐡𝐨𝐧 𝐂𝐨𝐨𝐥𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/04/12/2645692/0/en/Thermosiphon-Cooling-System-Market-Size-is-Expected-to-Surpass-US-2-2-Billion-Through-2031-Transparency-Market-Research-Inc.html

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𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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