The growth of the advanced electrosurgical market is driven by an increase in the number of surgeries worldwide, a large geriatric population, a growing prevalence of chronic diseases and advances in technology. However, strict government approval rules are expected to hamper market growth. In contrast, the high market potential of untapped emerging economies is expected to provide the market with many opportunities for growth.
The entire electrosurgical device market is segmented by product, application and geographical location. According to the product, the market is divided into electrosurgical generators, electrosurgical instruments and accessories and argon and smoke control systems.
The segment of electrosurgical instruments and accessories is further divided into electrosurgical equipment (bipolar electrosurgical instruments and monopolar electrosurgical instruments) and electrosurgical accessories (patient return electrodes, cords, cables, adapters, etc.).
Electrosurgical instruments and accessories represent the largest market share in 2017 and are expected to grow by a significant CAGR of 5.6% over the forecast period.
In 2018, the share of electrosurgical instruments accounted for the largest share of the global electrosurgery market.
Based on the product, the market is divided into generators, devices, accessories and smoke extraction systems. In 2018, the share of electrosurgical instruments accounted for the largest share of the global electrosurgery market. This segment is also expected to grow to the highest CAGR between 2019 and 2025.
A large part of this segment can be devoted to a large volume of disposable and useful electrosurgical instruments. In addition, technological advances in electrosurgical instruments and an increasing number of cosmetic and plastic surgeries have stimulated growth in this area.
The total share of operations in 2018 accounted for the largest share of the electrosurgery market.
According to the type of surgery, the market is divided into general surgery, gynecological surgery, urological surgery, orthopedic surgery, cardiovascular surgery, cosmetic surgery, neurosurgery, oncological surgery and other surgery. The share of total operations is the largest market share in 2018. Much of this share can be attributed to the increase in the geriatric population and the consequent increase in the prevalence of various diseases / conditions, the increasing number of surgical procedures performed and the increasing incidence of obesity.
In 2018, hospitals, clinics and ablation centers have the largest market share
According to end users, the electrosurgery market is divided into hospitals, clinics and ablation centers; outpatient surgical centers; and research laboratories and academic institutions. The segment of hospitals, clinics and ablation centers represents the largest market share in 2018. A large part of this segment can be devoted to the number of electrosurgical procedures performed in hospitals, the increasing demand for minimally invasive procedures and the increase in the adoption of advanced imaging modalities to improve the efficiency of work procedures in hospitals.
The Asia-Pacific region is expected to grow at the fastest pace in the forecast period.
The electrosurgery market is divided into five main regions, namely North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. The Asia-Pacific region is one of the key regions where we produce the market. This market is expected to show strong growth in the coming years, mainly due to an increase in patient population, increasing demand for minimally invasive surgery, and improved healthcare systems. and growing research activities.