electrosurgical devices global market
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2015
IQ4I Research & Consultancy Pvt. Ltd.
info@iq4i.com
www.iq4i.com
[PRODUCTS (Generators & Monitors, Instruments, Plasma & Smoke management Systems & Accessories); SURGERY (Cardiovascular, Cosmetic & Dermatology, Dental, Gastrointestinal, General, Gynecological, Neurosurgical, Oncology, Orthopedic, Urological and Others); REGIONAL (North America, Europe, Asia Pacific and Rest of the World)]
Electrosurgical Devices Global Market
– Forecast to 2020
Copyright © 2015 IQ4I
All Rights Reserved. This document contains highly confidential
information and is the sole property of IQ4I. No part of it may be
circulated, copied, quoted, or otherwise reproduced without the
approval of IQ4I.
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–Forecast to 2020
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–Forecast to 2020
1.1 REPORT DESCRIPTION
Electro surgery deals with the interaction of electrons with tissue to achieve a desired clinical
effect. Electrosurgical units (ESU’s) are used for surgical cutting or to manage blood loss by
causing coagulation (homeostasis) during surgery. The global electrosurgical devices market is
divided into products, surgery and geography. The global electrosurgical devices products
market is segmented into electrosurgical generators and monitors, instruments, plasma and
smoke management systems and accessories. The electrosurgical instrument is further
classified into monopolar and bipolar instruments. Plasma based systems are further
segmented in to argon systems and helium systems. By surgery, the electrosurgical devices
market is broadly segmented into cardiovascular, cosmetic &dermatological, gastrointestinal,
general, gynecological, neurosurgical, oncology, orthopedic, urological and others.
Among the electrosurgical products, the instruments market dominated the products market by
occupying a largest share. At the same time, the electrosurgical instruments market is also
expected to grow at the highest CAGR. Geographical wise North America is the largest market,
followed by Europe and Asia. The APAC regions suggest an array of opportunities for growth
and are likely to be getting into the eyes of new investors in the electrosurgical devices market.
Growth in the Asian market is attributed to government for its support in establishing innovative
technologies and demand for sophisticated medical services.
The electrosurgical devices market is expected to grow steadily in the forecast period. The
factors driving the growth of this market are advancement in the electrosurgical devices,
preference towards minimally invasive surgical procedures, increase in number of cosmetic
procedures and steep rise in aging population and related surgeries. In addition to this, high
prevalence of obesity and there of increase in bariatric surgeries along with growing demand for
the electrosurgical products in the emerging regions are some of the opportunities that are
propelling the growth of the market. However, the nonconductive health care system and
reimbursement scenario in U.S, risk associated with the usage of electrosurgical devices and
some of the product recalls are hampering the growth of the market. The threats for the
electrosurgical market include technological advancement in the area of noninvasive
technologies, the pricing pressure and stiff competition among the electrosurgical players.
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–Forecast to 2020
The global electrosurgical market is a highly competitive market and all the existing players in
this market are involved in developing new and advanced products to maintain their market
shares. Some of the key players of the electrosurgical devices market are B. Braun Melsungen,
Bovie Medical Corporation, ConMed Corporation, Johnson & Johnson (Ethicon) and Medtronic
(Covidien).
The report provides an in depth market analysis of the above mentioned segments across the
following regions:
North America
Europe
Asia-Pacific
Rest of the World (RoW)
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–Forecast to 2020
TABLE 1
GLOBAL ELECTROSURGICAL DEVICES MARKET REVENUE,
BY REGION, (2013-2020) ($MN)
Region 2013 2014 2015 2020 CAGR (%)
(2015-2020)
North America XX XX XX XX XX
Europe XX XX XX XX XX
Asia-Pacific XX XX XX XX XX
RoW XX XX XX XX XX
Total XX 2,791.4 XX XX XX
Source: Association for Advancement of Medical Instrumentation (AAMI), Americans Surgical Association, Society
for Laparoendoscopic surgeons (SLS), Association of Surgeons of Great Britain and Ireland (ASGBI), WHO, CDC,
Industry Expert Interviews and IQ4I Analysis
North America accounted for the largest revenue of $XX million of the electrosurgical devices
global market with a share of XX% in 2014. The market is expected to grow at a CAGR XX%
from 2015 to 2020 to reach $XX million by 2020. Asia-Pacific is expected to grow at a strong
CAGR of XX% during the forecast period.
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–Forecast to 2020
TABLE 2
GLOBAL ELECTROSURGICAL DEVICES MARKET REVENUE,
BY PRODUCTS, (2013-2020) ($MN)
Product 2013 2014 2015 2020 CAGR (%)
(2015-2020)
Generators & Monitors XX XX XX XX XX
Instruments XX XX XX XX XX
Plasma & Smoke Management Systems
XX XX XX XX XX
Accessories XX XX XX XX XX
Total XX XX XX XX XX
Source: Association for Advancement of Medical Instrumentation (AAMI), Americans Surgical Association, Society
for Laparoendoscopic surgeons (SLS), Association of Surgeons of Great Britain and Ireland (ASGBI), WHO, CDC,
Industry Expert Interviews and IQ4I Analysis
Instruments accounted for high revenue of $XX million with a share of XX% in 2014 and are
expected to reach $XX million by 2020 of the global electrosurgical devices products market.
Instruments are also expected to grow with highest CAGR of XX% during the forecast period.
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–Forecast to 2020
TABLE 3
GLOBAL ELECTROSURGICAL DEVICES MARKET REVENUE,
BY SURGERY TYPE, (2013-2020) ($MN)
Type 2013 2014 2015 2020 CAGR (%)
(2015-2020)
Cardiovascular XX XX XX XX XX
Cosmetic & Dermatology
XX XX XX XX XX
Dental XX XX XX XX XX
Gastrointestinal XX XX XX XX XX
General XX XX XX XX XX
Gynecological XX XX XX XX XX
Neurosurgical XX XX XX XX XX
Oncology XX XX XX XX XX
Orthopedic XX XX XX XX XX
Urological XX XX XX XX XX
Others XX XX XX XX XX
Total XX XX XX XX XX
Source: Association for Advancement of Medical Instrumentation (AAMI), Americans Surgical Association, Society
for Laparoendoscopic surgeons (SLS), Association of Surgeons of Great Britain and Ireland (ASGBI), WHO, CDC,
Industry Expert Interviews and IQ4I Analysis
Oncology accounted for high revenue of $XX million with a share of XX% in 2014 and is
expected to reach $XX million by 2020 with a healthy CAGR of XX% of the global
electrosurgical devices market by surgery. Cosmetic and dermatology segment is expected to
grow with highest CAGR of XX% during the forecast period.
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–Forecast to 2020
FIGURE 1
GLOBAL MONOPOLAR INSTRUMENTS MARKET REVENUE, BY TYPE
OUTLOOK (2014 V’S 2020) ($MN)
Source: Association for Advancement of Medical Instrumentation (AAMI), Americans Surgical Association, Society
for Laparoendoscopic surgeons (SLS), Association of Surgeons of Great Britain and Ireland (ASGBI), WHO, CDC,
Industry Expert Interviews and IQ4I Analysis
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–Forecast to 2020
TABLE 4
GLOBAL ACCESSORIES MARKET REVENUE,
BY TYPE, (2013-2020) ($MN)
Type 2013 2014 2015 2020 CAGR (%)
(2015-2020)
Patient Return Electrodes
XX XX XX XX XX
Argon & Smoke Management System Accessories
19.7 XX XX XX XX
Foot switches, Cords, Cables & Adapters
XX XX XX XX XX
Others XX XX XX XX XX
Total XX XX XX XX XX
Source: Association for Advancement of Medical Instrumentation (AAMI), Americans Surgical Association, Society
for Laparoendoscopic surgeons (SLS), Association of Surgeons of Great Britain and Ireland (ASGBI), WHO, CDC,
Industry Expert Interviews and IQ4I Analysis
Patient return electrodes accounted for high revenue of $XX million with a share of XX% in 2014
and are expected to reach $XX million by 2020 with a healthy CAGR of XX% of the accessories
global market revenue. Argon and smoke management system accessories are expected to
grow with highest CAGR of XX% during the forecast period.
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–Forecast to 2020
1.1.1 RESEARCH SOURCES
ELECTROSURGICAL DEVICE MARKET: RESEARCH SOURCES
Primary Sources Secondary Sources
Supply Side: Top-level Executives,
Marketing Managers, Sales Managers,
Regional Managers
Demand Side: Hospital Medical
Directors, Laboratory Managers,
Research Scientists, Principal
Scientists, Purchase/Procurement
Managers, Laboratory Technicians,
Academic Research
Others: Independent Consultants and
Freelancers
IQ4I Repository Electrosurgical devices Company-Specific
annual reports, SEC filings, corporate
presentations & Press releases
Associations and Groups: American
Association of Gynecologic
Laparoscopists, American surgical
Association, Asian Surgical Association,
Association for the Advancement of
Medical Instrumentation (AAMI),
Association of Surgeons of Great Britain
and Ireland (ASGBI),
British Association of Aesthetic Plastic
Surgeons, Center for Disease Control
and Prevention (CDC), Centers for
Medicare & Medicaid Services (CMS),
Measurement, European Medicines
Agency (EMEA), European Surgical
Association, International Society of
Aesthetic Plastic Surgery (ISAPS),
Society of Laparoendoscopic Surgeons,
World Health Organization (WHO), and
Other Country Associations & Groups
Paid Sources : OneSource, Hoovers,
Bloomberg
Social Networking & Databases:
LinkedIn, Melt-Water, and Zintro
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–Forecast to 2020
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