The global electrosurgery market was valued at USD 4,976.0 million in 2018. Growing demand for minimally invasive surgical procedures, surging elderly population, coupled with rapid technological advancements are key factors driving the global electrosurgery market.
Electrosurgical devices are energy-activated devices that use high-frequency electrical current to cut, coagulate, desiccate, and fulgurate tissue during a surgical procedure. Electrosurgery devices are commonly used in a broad range of laparoscopic surgical procedures as these devices are easy to use, and make surgical intervention more effective thereby reducing patient trauma. Increasing number of surgical procedures performed worldwide will act as high impact rendering driver for electrosurgery market in the coming few years. According to the International Society of Aesthetic Plastic Surgery (ISAPS), 10,607,227 surgical aesthetic procedures were performed worldwide in 2018 witnessing 15.0% increase as compared to 2014. These factors are expected to drive the global electrosurgery market in the next few years.
Furthermore, rapid rise in technological advancements and growing preference towards minimally invasive surgery over conventional surgeries is expected to drive the demand for electrosurgery instruments in the future. However, risks associated with electrosurgical procedures are expected to hamper the growth of the market over the forecast period.
The global electrosurgery market is categorized based on product, surgery type, end-users, and region. Based on product, electrosurgical generators segment held the largest share of the market in 2018. Based on type of surgery, general surgery dominated the global market in 2018. However, orthopedic surgery segment is anticipated to grow at a lucrative rate over the forecast period. On the basis of end-users, ambulatory surgical centers will witness a lucrative CAGR over the coming years. Geographically, North America dominated the global electrosurgery market in 2018, however, Asia Pacific is expected to be the fastest growing region by 2025.
Key players operating in the global electrosurgery market include Ethicon Inc., B. Braun Melsungen AG, Olympus Corporation, Medtronic plc, Smith & Nephew, Erbe-Elektromedizin GmbH, KLS Martin, Symmetry Surgical Inc., CONMED Corporation, BOWA-electronic GmbH & Co. KG, and Kirwan Surgical Products, LLC among others.
Key Segments of the Global Electrosurgery Market
Product Overview, 2015-2025 (USD Million)
- Electrosurgical Generators
- Electrosurgical Instruments
- Monopolar Electrosurgical Instruments
- Electrosurgical Electrodes
- Electrosurgical Pencils
- Monopolar Forceps
- Suction Coagulators
- Bipolar Electrosurgical Instruments
- Bipolar Forceps
- Advanced Vessel Sealing Instruments
- Monopolar Electrosurgical Instruments
- Electrosurgical Accessories
- Patient Return Electrodes
- Cords, Cables, and Adapters
- Other Accessories
- Argon and Smoke Evacuation Systems
Surgery Type Overview, 2015-2025 (USD Million)
- General Surgery
- Cosmetic Surgery
- Orthopedic Surgery
- Gynecology Surgery
- Cardiovascular Surgery
- Urological Surgery
End-users Overview, 2015-2025 (USD Million)
- Hospitals & Clinics
- Ambulatory Surgical Centers (ASCs)
Regional Overview, 2015-2025 (USD Million)
- North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
Reasons for the study
- Rapid technology advancements in electrosurgery industry
- Increase in preference for minimally invasive surgeries
- Wide adoption of monopolar and bipolar electrosurgical instruments
What does the report include?
- The study on the global electrosurgery market includes qualitative insights such as drivers, restraints, challenges and opportunities
- Additionally, the market has been evaluated using the Porter’s Five Forces analysis
- The study covers qualitative and quantitative analysis of the market segmented on the basis of product, surgery type, and end-users. Moreover, the study on electrosurgery market provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments
- The study includes the profiles of key players operating in the market with a significant global and/or regional presence
Who should buy this report?
- The report on the global electrosurgery market is suitable for all the players across the value chain including raw material suppliers, hospitals, ambulatory surgical centers, medical device manufacturers, healthcare organizations, distributors, suppliers and technology geeks
- Venture capitalists and investors looking for more information on the future outlook of the global electrosurgery market
- Consultants, analysts, researchers, and academicians looking for insights shaping the global electrosurgery market
Electrosurgical devices are widely used during surgical procedures in urology, gynecology, dermatology plastic surgery, cardiovascular surgery, general surgery and other surgical markets. Electrosurgery is used in almost 80% of all surgical procedures for cutting and coagulation of tissue. Increasing shift from traditional surgical procedures to minimally invasive techniques will propel growth of electrosurgery market in the future. These procedures are performed through smaller incisions rather than large opening leading to lower blood loss and quick recovery of patients. Benefits associated with these less-invasive treatments such as speedy recovery, reduced hospitalization period, curtailed risk of infections and lower operative pain will positively influence market growth over the coming years. Minimally invasive surgeries also reduce the incidence of post-surgical complications thereby stimulating demand. Moreover, major industry players are also investing in R&D to develop technologically advanced electrosurgical devices. For instance, in May 2019, Olympus Corporation launched ESG-150 electrosurgery generator. The ESG-150 supplies high-frequency electric current that powers endoscopic devices and enables physicians to achieve positive outcomes in gastrointestinal and pulmonary endoscopic procedures.
The global electrosurgery market has been segmented based on product, surgery type, end-users, and region. On the basis of product, the global electrosurgery market is segmented into electrosurgical generators, electrosurgical instruments, electrosurgical accessories, and smoke evacuation systems. Electrosurgical instruments are further categorized into monopolar and bipolar electrosurgical instruments. Monopolar electrosurgical instruments are sub-categorized into electrosurgical electrodes, electrosurgical pencils, monopolar forceps, and suction coagulators. Bipolar electrosurgical instruments are further segmented into bipolar forceps, and advanced vessel sealing instruments. Electrosurgical accessories are further classified into patient return electrodes, cords, cables, and adapters, and other accessories. Electrosurgical instruments grabbed majority share of the global market in 2018. Rapid technological advancement in electrosurgical instruments, wide adoption of bipolar and monopolar instruments in laparoscopic surgeries owing to enhanced safety and ease of use is expected to drive the growth of the segment in the coming years.
Based on type of surgery, the global electrosurgery market is segmented into general surgery, cosmetic surgery, neurosurgery, gynecology surgery, orthopedic surgery, cardiovascular surgery, urological surgery and others. General surgery segment dominated the global electrosurgery market in 2018. On the basis of end-users, the global electrosurgery market is categorized into hospitals & clinics, ambulatory surgical centers (ASCs) and others. Hospitals held the majority of the market share in 2018 due to high rate of surgical procedures performed in hospitals which escalates the demand for electrosurgical devices.
The global electrosurgery market is cumulative to North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America dominated the global electrosurgery market in 2018, however Asia Pacific is expected to grow at a highest pace through 2025.
Presence of large elderly patient pool, rapid adoption of minimally invasive procedures along with increase in volume of surgeries performed in the U.S. is major factor expected to drive the electrosurgery market in the region. Presence of such large patient population will increase the surgical volume, thereby, driving the demand for electorsurgical devices in the future. Furthermore, advent of new technologically advanced electrosurgical devices by key industry players and presence of well-established healthcare infrastructure are other major factors likely to boost the growth of the market in North America.
However, Asia Pacific is expected to grow at a rapid pace over the next few years. There is a strong growth potential in the emerging economies such as India, and China. The rapidly rising geriatric population suffering from chronic disorders in countries such as India and China provide large market for electrosurgical devices. Growing popularity of cosmetic surgeries and growing awareness about minimally invasive procedures in the developing countries will further stimulate demand for electrosurgical devices over the coming years.