Industries - Electrosurgery Market Analysis by Method (Bipolar, Monopolar), by Product (Active Electrodes, Electrosurgical Generators, Dispersive Electrodes), and by Region – Forecast to 2026

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Electrosurgery Market Analysis by Method (Bipolar, Monopolar), by Product (Active Electrodes, Electrosurgical Generators, Dispersive Electrodes), and by Region – Forecast to 2026
July 2021

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Electrosurgery Market Analysis by Method (Bipolar, Monopolar), by Product (Active Electrodes, Electrosurgical Generators, Dispersive Electrodes), and by Region - Forecast to 2026

Published: July-21 | Historical Data: 2018-2020 | Base Year: 2020
SKU: ICI-HC-1135| Number of Pages: 157 | Category: Medical Devices

The global electrosurgery market size is projected to reach USD 8,807.9 million in 2026, exhibiting a compounded annual growth rate (CAGR) of 5.2% during the forecast period 2020-2026.

Electrosurgery is a procedure that generates heat by passing an electric current through the skin at varying voltages between 200V to 10,000V. A power supply and a handpiece with one or more electrodes are required for electrosurgery. Electrosurgery encompasses several techniques that employ electricity to cause tissue thermal damage by dehydration, coagulation, or vaporisation. The two most prevalent methods of electrosurgery are high frequency electrosurgery and electrocautery. Electrocautery, also known as thermocautery, is a type of electrosurgery that does not entail sending electricity into the patient. As a result, it can be utilised safely in patients with cardiac pacemakers, implantable cardioverter-defibrillators, or deep-brain stimulators installed.

Rising adoption of minimal invasive surgeries among patients and medical practitioners is a key driver for the growth of the global electrosurgery market. Additionally, advancements in technology, increasing awareness regarding the benefits of electrosurgery, rise in public private funding, and growing demand for sophisticated medical equipment are some of the other drivers propelling the market growth. For Instance, organisations such as the American Association of Gynaecologic Laparoscopists (AAGL) and the International Society of Gynaecologic Endoscopy (ISGE), are working with South African healthcare agencies to raise awareness of the benefits of this type of surgery and increase adoption rates. However, the failure risk linked to electrosurgical procedures is expected to restrain the global market growth.

Electrosurgery Market Analysis

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Market Driver Analysis

Rising adoption of minimal invasive surgeries among patients and medical practitioners in driving the market growth

Increasing adoption of minimal invasive surgeries among patients and medical practitioners is likely to drive the growth of electrosurgery market. Furthermore, the growing demand among patients for minimally invasive procedures, which offer faster recovery and less discomfort, is contributing to the global market growth. The fundamental benefit of minimal invasive surgeries over traditional open operations is the increased precision provided by video-assisted technology, which offers a clearer and magnified vision of the organs or body parts being operated. Benefits such as reduced recovery time and rapid haemostasis, electrosurgery is becoming more popular among the older population. The adoption rate is rising, which might boost the market’s overall growth during the forecast period.

Launch of technologically advanced product to drive new product adoption

Technologically advanced products lead to faster turn-around times, rapid recovery, less discomfort to patients, and ease-of-usage, thereby providing efficient outcomes to the patients and caregivers. Key market players are focusing on developing novel and technologically advanced products not only to provide added benefits to patients and physicians but also to sustain in this competitive market. For instance, in June 2020, Olympus launched HookKnifeJ and TriangleTipKnifeJ; single-use electrosurgical knives designed for Endoscopic Submucosal Dissection (ESD). Similarly, in September 2019, ETHICON launched Universal Plus Reusable Patient Return Electrode to its portfolio of MEGADYNE MEGA SOFT product, to provide increased patient comfort by eliminating adhesive-related injuries during electrosurgical procedures. Furthermore, in February 2019, PENTAX Medical launched ENDO ARC and ENDO PLUS systems, which are electrosurgical and argon plasma coagulation (APC) platforms designed specifically to provide advanced endoscopy outcomes.

Key Market Challenge

Failure risk linked to electrosurgical procedures

The failure risk linked to electrosurgical procedures is expected to pose a challenge for the market players. Majority of surgical fires are caused by electrosurgery and when the electrosurgical unit (ESU) is turned on in an oxygen-rich environment. These kinds of fires are linked to severe burns and death. Unwanted electrothermal damage caused by direct coupling and insulation failure has lately become a focus of research. Repetitive usage of equipment can cause insulating coating flaws, which can lead to major difficulties, especially in laparoscopy procedure.

Market Segmentation and Share Analysis

By Method

Based on method, the market is segmented into bipolar and monopolar. In 2020, the bipolar segment accounted for the largest revenue share and is expected to continue its dominance during the forecast period. This is attributed to the improved procedure safety and convenient application. This segment is projected to grow at a profitable CAGR during the forecast period. This is attributed to rising awareness for drawbacks of monopolar procedures coupled with technological advancements in bipolar technique.

By Product

Based on product, the market is divided into active electrodes, dispersive electrodes, electrosurgical generators, and others. In 2020, the active electrodes product segment accounted for the largest revenue share due to its wide availability and convenient use. This segment is driven by advancement in technology and rising applications. The electrosurgical generators segment is anticipated to grow at a steady CAGR during the forecast period.

Regional Insights

In 2020, North America accounted for the highest revenue share in the global market and is expected to maintain its dominance during the forecast period. This is attributed to the rapid acceptance of advanced technology, presence of advanced healthcare infrastructure, and high investments to acquire advanced technologies in this region. For instance, in November 2019, US Medical Innovations received 510(k) authorization from the U.S. Food and Drug Administration to market and sell Canady Plasma Smart XL-1000 Electrosurgical Generator (CPSXEG) with accessories. Furthermore, in July 2018, Symmetry Surgical acquired the electrosurgical unit of Bovie Medical in a cash deal of USD 97 million.

North America Electrosurgery Market Size (2018-2026), USD Million

North America Electrosurgery Market Size (2018-2026), USD Million

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Asia Pacific market is projected to exhibit the fastest CAGR over the forecast period owing to the rapidly growing aging population prone to chronic diseases, rising incidences of lifestyle diseases, escalating demand for advanced medication and treatment, and growing focus of international companies in this region. For instance, according to WHO the population of South-East Asia is ageing rapidly, and the proportion of people aged 60 or above was 9.8% in 2017 and it estimated to reach 13.7% by 2030 and 20.3% by 2050.

Competitor Insights

Some of the key players in the electrosurgery market are ATMOS Fritzsching & Co. GmbH (Germany); Bovie Medical Corporation (U.S.); Parkell Inc. (U.S.); Smith & Nephew plc (U.K.); Kirwan Surgical Products Llc (U.S.); B. Braun Holding GmbH & Co. KG (Germany); Boston Scientific Corporation (U.S.); Johnson & Johnson (U.S.); Olympus Corporation (Japan); and Medtronic plc (U.S.). The leading players operating in the electrosurgery industry are adopting various strategies including novel product launches, R&D investments, mergers & acquisitions, and regional expansions to capture a maximum revenue share.

Industry Developments

  • In April 2021, Erbe Elektromedizin GmbH acquired Maxer Endoscopy, a German based provider of fluorescence-guided surgery solutions. This acquisition is aimed at combining electrosurgery with imaging through artificial intelligence (AI) to provide advanced treatment options.
  • In October 2019, Olympus Corporation entered into an agreement with Ethicon to take over the commercial activities of VERSAPOINT Bipolar Electrosurgery system from Ethicon.

Research Scope and Segments

This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2018 to 2026. The electrosurgery market report is categorized into the following segments and sub segments:

Electrosurgery Market, By Method (Revenue, USD Million, 2018 – 2026)

  • Bipolar
  • Monopolar

Electrosurgery Market, By Product (Revenue, USD Million, 2018 – 2026)

  • Active Electrodes
  • Electrosurgical Generators
  • Dispersive Electrodes
  • Other

Electrosurgery Market, By Region (Revenue, USD Million, 2018 – 2026)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Scope of Electrosurgery Market Report:

Key Parameters Details
Data Availability 2018-2026
Historical Years 2018-2020
Base Year Considered 2020
Forecast Data 2021-2026
Company Profiles 10
Companies Considered >50
Value Units Value in USD and CAGR in %
Market Segments Method and Product
Regional Coverage
  • North America (U.S. and Canada)
  • Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
  • Asia Pacific (China, Japan, India, Australia, South Korea, Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
  • Middle East & Africa (South Africa, Saudi Arabia, Rest of MEA)
Key Market Players
  • ATMOS Fritzsching & Co. GmbH
  • Bovie Medical Corporation
  • Parkell Inc.
  • Smith & Nephew plc.
  • Kirwan Surgical Products Llc.
  • B. Braun Holding GmbH & Co. KG
  • Boston Scientific Corporation
  • Johnson & Johnson
  • Olympus Corporation
  • Medtronic plc.
Custom Analysis Customization up to 60 analyst hours (15%)

Electrosurgery Market, By Method (Revenue, USD Million, 2018 – 2026)

  • Bipolar
  • Monopolar

Electrosurgery Market, By Product (Revenue, USD Million, 2018 – 2026)

  • Active Electrodes
  • Electrosurgical Generators
  • Dispersive Electrodes
  • Other

Electrosurgery Market, By Region (Revenue, USD Million, 2018 – 2026)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA
1. Research Methodology
 1.1. Research Objective
 1.2. Study Scope: Market Segments
 1.3. Study Timeframe, Limitations & Currency
 1.4. Domain-Assisted Cognition (DAC) Framework
  1.4.1. Three-stage Research Methodology
   1.4.1.1. Understand Ecosystem
    1.4.1.1.1. Secondary Research
    1.4.1.1.2. Primary Research
    1.4.1.1.3. Internal Repository
   1.4.1.2. Synthesize Information
    1.4.1.2.1. Data Analysis
    1.4.1.2.2. Data Triangulation
   1.4.1.3. Predict/Project Growth
    1.4.1.3.1. Market Size Estimation
     1.4.1.3.1.1. Bottom-up Approach
     1.4.1.3.1.2. Top-down Approach
    1.4.1.3.2. Data Validation
  1.4.2. Two-stage Quality Check Mechanism
   1.4.2.1. Inspection & Reporting
   1.4.2.2. Quality Audit
2. Market Summary
 2.1. Market Definition & Market Landscape
 2.2. Market Segment Snapshot
 2.3. Geographic Market Snapshot
3. Market Dynamics
 3.1. Market Driver Analysis
  3.1.1. Rising adoption for minimal invasive surgeries
  3.1.2. Increase in demand for sophisticated medical devices
  3.1.3. Increasing government and private funding
  3.1.4. Growing public awareness for quality healthcare services
  3.1.5. Technological advancements
 3.2. Market Restraint Analysis
  3.2.1. Failure risk linked to electrosurgical procedures
 3.3. Market Opportunities
  3.3.1. Changing consumer lifestyle diseases coupled with rising medical expenditure for bariatric surgeries
  3.3.2. Strengthening healthcare sector in emerging economies
4. Industry Outlook
 4.1. Key Market Trends
 4.2. Value Chain Analysis
 4.3. Porter’s 5 Forces Analysis
 4.4. Pricing Analysis (2018-2020)
 4.5. Product Benchmarking
5. Covid-19 Impact and Deviation Analysis
 5.1. Covid-19 Prevalence Analysis
 5.2. Key Market Trends
 5.3. Market Size Deviation Analysis (2020-2026)
6. Electrosurgery Market Size and Forecast, by Method (2018-2026), USD Million
 6.1. Bipolar
 6.2. Monopolar
7. Electrosurgery Market Size and Forecast, by Product (2018-2026), USD Million
 7.1. Active Electrodes
 7.2. Electrosurgical Generators
 7.3. Dispersive Electrodes
 7.4. Other
8. Electrosurgery Market, Regional Analysis (2018-2026), USD Million
 8.1. North America
  8.1.1. Introduction
   8.1.1.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.1.1.2. Market Size & Forecast, by Product (2018-2026), USD Million
   8.1.1.3. Market Size & Forecast, by Country (2018-2026), USD Million
  8.1.2. U.S.
   8.1.2.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.1.2.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.1.3. Canada
   8.1.3.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.1.3.2. Market Size & Forecast, by Product (2018-2026), USD Million
 8.2. Europe
  8.2.1. Introduction
   8.2.1.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.2.1.2. Market Size & Forecast, by Product (2018-2026), USD Million
   8.2.1.3. Market Size & Forecast, by Country (2018-2026), USD Million
  8.2.2. Germany
   8.2.2.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.2.2.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.2.3. UK
   8.2.3.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.2.3.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.2.4. France
   8.2.4.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.2.4.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.2.5. Spain
   8.2.5.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.2.5.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.2.6. Italy
   8.2.6.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.2.6.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.2.7. Russia
   8.2.7.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.2.7.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.2.8. Rest of Europe
   8.2.8.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.2.8.2. Market Size & Forecast, by Product (2018-2026), USD Million
 8.3. Asia Pacific (APAC)
  8.3.1. Introduction
   8.3.1.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.3.1.2. Market Size & Forecast, by Product (2018-2026), USD Million
   8.3.1.3. Market Size & Forecast, by Country (2018-2026), USD Million
  8.3.2. China
   8.3.2.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.3.2.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.3.3. Japan
   8.3.3.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.3.3.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.3.4. India
   8.3.4.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.3.4.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.3.5. Australia
   8.3.5.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.3.5.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.3.6. South Korea
   8.3.6.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.3.6.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.3.7. Rest of Asia Pacific
   8.3.7.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.3.7.2. Market Size & Forecast, by Product (2018-2026), USD Million
 8.4. Latin America (LATAM)
  8.4.1. Introduction
   8.4.1.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.4.1.2. Market Size & Forecast, by Product (2018-2026), USD Million
   8.4.1.3. Market Size & Forecast, by Country (2018-2026), USD Million
  8.4.2. Brazil
   8.4.2.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.4.2.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.4.3. Mexico
   8.4.3.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.4.3.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.4.4. Argentina
   8.4.4.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.4.4.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.4.5. Rest of LATAM
   8.4.5.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.4.5.2. Market Size & Forecast, by Product (2018-2026), USD Million
 8.5. Middle East & Africa (MEA)
  8.5.1. Introduction
   8.5.1.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.5.1.2. Market Size & Forecast, by Product (2018-2026), USD Million
   8.5.1.3. Market Size & Forecast, by Country (2018-2026), USD Million
  8.5.2. South Africa
   8.5.2.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.5.2.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.5.3. Saudi Arabia
   8.5.3.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.5.3.2. Market Size & Forecast, by Product (2018-2026), USD Million
  8.5.4. Rest of MEA
   8.5.4.1. Market Size & Forecast, by Method (2018-2026), USD Million
   8.5.4.2. Market Size & Forecast, by Product (2018-2026), USD Million
9. Competitor Analysis
 9.1. Market Player Comparison
 9.2. Product-wise Player Mapping
 9.3. Region-wise Player Mapping
 9.4. Market Share Analysis
 9.5. Market Position Analysis
 9.6. Recent Development Analysis
10. Company Profiles
 10.1. ATMOS Fritzsching & Co. GmbH (Germany)
  10.1.1. Company Overview
  10.1.2. Company Financials
  10.1.3. Product Portfolio
  10.1.4. Recent Developments
 10.2. Bovie Medical Corporation (U.S.)
  10.2.1. Company Overview
  10.2.2. Company Financials
  10.2.3. Product Portfolio
  10.2.4. Recent Developments
 10.3. Parkell Inc. (U.S.)
  10.3.1. Company Overview
  10.3.2. Company Financials
  10.3.3. Product Portfolio
  10.3.4. Recent Developments
 10.4. Smith & Nephew plc (U.K.)
  10.4.1. Company Overview
  10.4.2. Company Financials
  10.4.3. Product Portfolio
  10.4.4. Recent Developments
 10.5. Kirwan Surgical Products Llc (U.S.)
  10.5.1. Company Overview
  10.5.2. Company Financials
  10.5.3. Product Portfolio
  10.5.4. Recent Developments
 10.6. B. Braun Holding GmbH & Co. KG (Germany)
  10.6.1. Company Overview
  10.6.2. Company Financials
  10.6.3. Product Portfolio
  10.6.4. Recent Developments
 10.7. Boston Scientific Corporation (U.S.)
  10.7.1. Company Overview
  10.7.2. Company Financials
  10.7.3. Product Portfolio
  10.7.4. Recent Developments
 10.8. Johnson & Johnson (U.S.)
  10.8.1. Company Overview
  10.8.2. Company Financials
  10.8.3. Product Portfolio
  10.8.4. Recent Developments
 10.9. Olympus Corporation (Japan)
  10.9.1. Company Overview
  10.9.2. Company Financials
  10.9.3. Product Portfolio
  10.9.4. Recent Developments
 10.10. Medtronic plc (U.S.)
  10.10.1. Company Overview
  10.10.2. Company Financials
  10.10.3. Product Portfolio
  10.10.4. Recent Developments
(Note: Financials are captured for public listed companies)

Key questions addressed by the research report-

Historic Period: 2018-2020, Base Year: 2020, Forecast Data: 2021-2026

Electrosurgery market exhibits a compounded annual growth rate (CAGR) of 5.2% from 2020 to 2026

ATMOS Fritzsching & Co. GmbH, Bovie Medical Corporation, Parkell Inc., Smith & Nephew plc., Kirwan Surgical Products Llc., B. Braun Holding GmbH & Co. KG, Boston Scientific Corporation, Johnson & Johnson, Olympus Corporation, and Medtronic plc.

Asia Pacific and North America offers numerous growth opportunities for companies operating in the electrosurgery market.

Active electrodes lead the Product segment in 2020.

Yes, the report offers comprehensive analysis of the COVID-19 pandemic on the market. The report comes with in-depth deviation analysis pre- and post-COVID-19 along with the market trends during the study period.

We follow our in-house domain-assisted cognition (DAC) research framework to compose all our market research reports. The framework ensures contextually relevant insights discovery by collecting precise market information via primary and secondary research.

Yes, we offer 15% free customization with the purchase of this report. Please Contact Us regarding your customization requirements and our research expert will connect with you within 12 hours.


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