Electrosurgical Generators Market Size By Type (Bipolar, Monopolar), By Application (Optical, Gynaecology, Dermatology, Cardiac, Dental, ENT, Maxillofacial, Orthopaedic, Urology, Neurology), By End-use (Hospitals, Ambulatory Surgical Centers, Clinics), Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025

Industry trends

Electrosurgical Generators Market size surpassed USD 1.5 billion in 2018 and is expected to achieve over 7.7% CAGR between 2019 and 2025.
 

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‘Electrosurgery’ is a term used to describe several modalities that use electricity supply to thermally destruct a tissue by causing dehydration, vaporization or coagulation. An electrosurgical unit consists of a generator along with a handpiece with one or more electrodes attached. The generator can produce variety of electrical waveforms resulting in corresponding tissue effect. It is one of the crucial equipment in majority of operating settings currently and is regarded as most useful tool by the surgeons.
 

The technique of using heat as a form of therapy and treatment option to stop bleeding has been used for centuries, called as thermal cautery in which tissues were burnt by thermal heat including steam or hot metal aimed at reducing bleeding or destroying the damage tissue. However, as the technology evolved, numerous devices that used electricity as means to heat tissue and control bleeding were developed.  Electrocautery faced drawbacks in case of incapability to coagulate large vessels or tissue efficiently. Further advancement in the electrical field led to use of radiofrequency current to heat living tissue without muscle or nerve stimulation.
 

Further, electrosurgery also called as surgical diathermy was developed by William Bovie in the year 1926. In this method, the electricity was used as an energy source to enable production of electrosurgical unit that offered means to cut, coagulate a human tissue efficiently using the same device, reduced surgery time and minimal blood loss. Presently, technological advancements have led to the development of innovative electrosurgical generators including the Bovie IDS Generator Line equipped with fully digital implementation to suit modern operating room and surgical outpatient unit. Such technological advancements in the field will lead to the market growth over the forecast period.
 

The COVID-19 pandemic has severely impacted the global economy, disrupting the operations of virtually every sector and each organization operating within, irrespective the size. Healthcare sector was also largely affected by the increasing prevalence of COVID-19 cases. The pandemic caused a negative impact on the electrosurgical generators market as numerous surgical procedures were classified as non-essential procedures and have been noted to be postponed indefinitely. Factors such as increased availability of resources for COVID-19 patients and reducing the risk of comorbidity among other patients have been noted for the postponement.

However, in some facilities, healthcare practitioners are advised to take decisions on per-case-basis and some critical surgeries such as cardiovascular, neurology, urology and gynecology are performed with an additional emphasis on COVID-19 safety protocols. Additionally, restricted movement of goods and people has caused supply chain disruptions, creating product shortages in the global market due to the higher dependence on U.S. for supply and demand, further impacting the industry.
 

Increasing number of surgeries will escalate the product demand

Growing demand for minimally invasive procedures will act as high impact rendering factor for the market expansion. Large pool of geriatric population coupled with rise in occurrence of chronic conditions will further stimulate the industry growth. Rising awareness about the cosmetic procedures helping in reducing ageing effect due to growing obsession about physical appearance will drive the adoption rate of electrosurgery, thereby elevating opportunities for the market revenue over the coming years.
 

Controlled power output is necessary in the wet fields including gynaecology, arthroscopy and urology that can be achieved through electrosurgical generator will fuel the market demand. Furthermore, avoidance of hospital stays, and extended healing time will lead to rise in electrosurgical generator revenue growth especially in ambulatory surgical centers during the forecast timeframe.
 

High acceptance of bipolar electrosurgical generators by surgeons will spur the market progression

Bipolar electrosurgical generators market is anticipated to witness 7.9% growth rate through 2025 led by technological advancements along with precise output. In addition, less damage to the living tissues and overall improved performance delivered by bipolar devices will positively impact the industry value.
 

Monopolar generators will observe considerable growth during the forecast timeline owing to several application of this type of generators including blend, cut, desiccation, and fulguration. Additionally, technological advancements in generators will increase overall opportunities for the industry revenue.
 

Rising awareness about cosmetic procedures offering anti-ageing effect will boost the market size

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The dermatology application segment will reach USD 480.3 million by 2025 on account of growing obsession about physical appearance and ways to look young and pleasant has escalated the demand for aesthetic surgeries.  
 

The gynaecology segment valued at USD 105 million in 2018. Electrosurgery is used to coagulate tissue during the gynaecological procedure. Moreover, it also improves the precision of application to avoid unnecessary tissue injury will foster the gynaecology segment growth.
 

Hospitals segment to register substantial growth

Hospitals end-use segment captured 34.5% of the electrosurgical generators market share in 2018 due to the easy availability of electrosurgical generators and a large number of surgical procedures carried out in the hospital setting.
 

Ambulatory surgical centers are predicted to expand at a CAGR of 10% till 2025 impelled by growing preference for ambulatory surgical centers to avoid overnight stay post-surgery and increasing number of minimally invasive surgeries. Ambulatory surgical centers offer high-quality treatment at lower prices as compared to surgical treatment offered by private clinics will further add to the market value during the forecast period.
 

Growing demand for minimally invasive surgeries will offer lucrative growth opportunities to the global market

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In 2018, Germany electrosurgical generators market captured for over 25% revenue share of Europe region. Well-formed healthcare infrastructure and increasing number of surgeries will positively impact the regional. Furthermore, high technological adoption, increasing disposable income as well as growing healthcare expenditure will propel the market growth.
 

China market to reach USD 207.2 million by 2025 owing to expanding geriatric population base prone to suffer from multiple chronic illness, rising acceptance of aesthetic procedures and growing demand for minimally invasive surgeries. Increasing application in orthopedic, dental, dermatology and gynecology field will positively affect the regional expansion.
 

Increasing investment in new product development will stimulate the industry demand

Medtronic, Ethicon (J&J), Symmetry Surgical, Inc. (Bovie), CONMED Corporation, Erbe Elektromedizin GmbH, and Olympus are some the leading companies operating in the market. The industry leaders are vigorously investing in R&D to develop technologically advanced products to expand their electrosurgery product portfolio. New product launch and innovation in the electrosurgery field is the major focus of the industry participants currently.
 

Recent industry developments:

• In July 2018, RoundTable Healthcare Partners, a private firm announced that its portfolio firm, Symmetrical Surgical has acquired the electrosurgical business & related intellectual property, inclusive of the Bovie brand from Bovie Medical Corporation. The acquisition complemented the firm’s existing Olsen energy portfolio and aided in expanding its offering of single-use surgical products.
   
• In January 2016, CONMED acquired SurgiQuest, Inc. This strategic alliance significantly strengthened the firms advanced surgical product portfolio. It aided to enhance the brand name in the electrosurgical sector.
   

Electrosurgical generators market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2014 to 2025, for the following segments:

Market, By Type

• Bipolar
• Monopolar

Market, By Application

• Optical
• Gynecology
• Dermatology
• Cardiac
• Dental
• ENT
• Maxillofacial
• Orthopedic
• Urology
• Neurology
• Others

Market, By End-use

• Hospitals
• Ambulatory surgical centers
• Clinics
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE