Monopolar Electrosurgery Instrument Market: Cardiovascular Surgery Segment Is Expected To Account For The Highest Growth

 Monopolar Electrosurgery Instrument Industry Overview

The global monopolar electrosurgery instrument market size is estimated to be valued at USD 1.6 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.2% from 2021 to 2027. Increasing preference for minimally invasive surgeries, rising adoption of monopolar electrosurgery instrument by laparoscopic surgeons, and increasing prevalence of chronic conditions are some of the major factors driving the market.

Gather more insights about the market drivers, restrains and growth of the Global Monopolar Electrosurgery Instrument market

Minimally invasive surgeries help in minimizing post-surgical complications, offer faster recovery and lower readmittance rates, thus reducing overall treatment cost. A study in The Journal of the American Medical Association stated that open surgery requires an average hospital stay of 7.4 days, while the hospital stays for laparoscopic and thoracoscopic surgeries is for 4.5 days. The study further stated that the total cost of care for minimally invasive surgeries was 23.0% less than open surgery. According to the researchers at Johns Hopkins, preventing post-surgical complications saved about USD 300 million annually by opting for minimally invasive procedures.


Browse through Grand View Research's Medical Devices Industry Research Reports.

  • Concussion Market - The global concussion market size was valued at USD 6.8 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 3.6% from 2020 to 2027. The rising number of road accidents and sports injuries, coupled with the growing vulnerable aging population, are major factors driving the market. In addition, increasing research activities on concussion diagnosis and treatment as well as the adoption of technologically advanced products are few other factors contributing to market growth.

  • Bipolar Forceps Market - The global bipolar forceps market size was valued at USD 776.4 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.7% from 2020 to 2027. The market for bipolar forceps is majorly driven by factors such as the growing prevalence of chronic diseases, increasing inclination for minimally invasive procedures, and the technological advancements catering to patient requirements. Manufacturers are developing superior products for various microsurgical specialties by collaborating with physicians.

 

Monopolar Electrosurgery Instrument Market Segmentation

Grand View Research has segmented the global monopolar electrosurgery instrument market based on type, application, end use, and region.

Monopolar Electrosurgery Instrument Type Outlook (Revenue, USD Million, 2016 - 2027)

  • Hand Instrument
  • Generator
  • Dispersive electrodes
  • Accessories

 

Monopolar Electrosurgery Instrument Application Outlook (Revenue, USD Million, 2016 - 2027)

  • General surgery
  • Neurosurgery
  • Cardiovascular surgery
  • Others

 

Monopolar Electrosurgery Instrument End-use Outlook (Revenue, USD Million, 2016 - 2027)

  • Hospitals
  • Specialty clinics
  • Ambulatory Surgical centers

 

Monopolar Electrosurgery Instrument Regional Outlook (Revenue, USD Million, 2016 - 2027)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

 

Key Companies profiled:

Some prominent players in the global Monopolar Electrosurgery Instrument market include

  • Conmed
  • Olympus Corporation
  • Medtronic Plc
  • KLS Martin
  • Braun Melsungen AG
  • Stryker
  • Apyx Medical Corporation
  • Johnson & Johnson
  • Integra LifeSciences
  • Stingray Surgical Products, LLC
  • Surgical Holdings

 

Order a free sample PDF of the Monopolar Electrosurgery Instrument Market Intelligence Study, published by Grand View Research.

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Comments

Post a Comment

Popular posts from this blog

Drug Addiction - Pipeline Review, H1 2017 Market Overview and trends research report

Radiant insights, inc latest Pharmaceutical and Healthcare disease pipeline guide Drug Addiction - Pipeline Review, H1 2017, provides an overview of the Drug Addiction (Central Nervous System) pipeline landscape. Drug addiction, also called substance dependence or chemical dependency, is a disease that is characterized by a destructive pattern of drug abuse that leads to significant problems involving tolerance to or withdrawal from the substance. Drug addiction symptoms or behaviors include recurrent drug use that results in a lack of meeting important obligations at work, school, or home, inability to sleep, awake at unusual times, unusual laziness, loss of or increased in appetite, changes in eating habits, cold, sweaty palms; shaking hands., red, watery eyes; pupils larger or smaller than usual and unusual smells on breath, body or clothes. Report Highlights Radiant insights, inc Pharmaceutical and Healthcare latest pipeline guide Drug Addiction - Pipeline Review, H1 2017, p...
Read more

All Countries Dialyzer Industry 2013-2028 - Market Size, Share, Outlook, Growth, Key Players and Forecast

The global Dialyzer market was valued at $XX million in 2018, and Radiant Insights, Inc analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028. This report provides detailed historical analysis of global market for Dialyzer from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Dialyzer market. Download Free Sample Report @ https://www.radiantinsights.com/research/2013-2028-report-on-global-dialyzer-market/request-sample Leading players of Dialyzer including: • Fresenius Medical Care • Baxter • Nipro • Asahi Kasei • Toray • B.Braun • Nikkiso • Medtronic • Kawasumi • Medica • Wego • Lengthen • Peony Medical • Chengdu OCI • Bain Medical Equipment Market split by Type, can be divided into: • Flat Type Dialyzer • Coil Tube Dialyzer • Ho...
Read more

Insights into the Medical Waste Disposal Category: A Comprehensive Procurement Intelligence Report

  Medical Waste Disposal Category Overview The medical waste disposal category is anticipated to grow at a CAGR of 6.0% from 2023 to 2030. Appropriate disposal of medical trash is the key challenge for healthcare providers across the globe. Rising awareness about the benefits of proper medical waste management for treatment, recycling, and disposal of medical trash has boosted the growth of the category. According to the World Health Organization Study Report 2022, countries with low income generate over 0.2 kg of medical trash per day per hospital bed, whereas countries with high income generate hazardous waste of up to 0.5 kg per hospital bed each day. Moreover, rising government initiatives and strict rules and regulations for waste management are also expected to drive the category. For instance, in December 2022, an MOU was signed between the Center for Health Environment Research and Development and Can Tho Central General Hospital under USAID’s Reducing Pollution Project. T...
Read more