Monopolar Electrosurgery Instrument Market Size Is Projected To Reach USD 3.0 Billion By 2027

 San Francisco, 12 Jan 2021: The Report Monopolar Electrosurgery Instrument Market Size, Share & Trends Analysis Report By Type (Hand Instrument, Generator, Accessories), By Application, By End Use, By Region, And Segment Forecasts, 2021 - 2027

The global monopolar electrosurgery instrument market size is expected to reach USD 3.0 billion by 2027, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.2% from 2021 to 2027. monopolar electrosurgery instrument are majorly used in gynecology and urology procedures to precisely cut and extract tissues. The devices are most commonly used in Laparoscopic Ovarian Drilling (LOD) procedures to manage Polycystic Ovary Syndrome (PCOS). According to the Centers for Disease Control and Prevention (CDC), PCOS is among the major cause of female infertility, affecting 6 - 12% or 5 million U.S. women between the 18-45 age group.

Frequent product launch, increasing prevalence of chronic conditions, and growing preference for minimally invasive procedures have augmented the demand for monopolar electrosurgery devices. For instance, in September 2019, Ethicon, a Johnson and Johnson subsidiary launched a MEGADYNE MEGA SOFT universal plus reusable patient return electrode. The dispersal electrode eliminates adhesive-related injuries and is eco-friendly.

The market is highly fragmented with presence of large number of local manufacturers in developing regions. These companies offer technologically advanced products at competitive prices. Local manufacturing helps in keeping the final product prices minimum. Major market players are focusing to set manufacturing units in Asian countries such as China and India.

Access Research Report of Monopolar Electrosurgery Instrument Market @ https://www.grandviewresearch.com/industry-analysis/monopolar-electrosurgery-instrument-market

Monopolar Electrosurgery Instrument Market Report Highlights

  • North America accounted for the largest revenue share in 2020 owing to the factors such aspresence of key players, increasing prevalence of chronic diseases, and the presence of trained professionals
  • By type, the generators segment is expected to register the highest CAGR during the forecast period owing to the high surgical efficacy offered by the device
  • By application, the cardiovascular segment is expected to register the highest CAGR during the forecast period owing to the increasing prevalence of the condition due to changing lifestyle and geriatric population
  • By end use, the hospital segment accounted for the largest market share owing to the increasing adoption of advanced devicesand growing preference for minimally invasive procedures

List of Key Players of Monopolar Electrosurgery Instrument Market

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

Access Press Release of Monopolar Electrosurgery Instrument Market @ https://www.grandviewresearch.com/press-release/global-monopolar-electrosurgery-instrument-market

 

Comments

Post a Comment

Popular posts from this blog

U.K. Point Of Sale Software Market To Expand Industry Growth At USD 1.05 Billion By 2028

Image
  San Francisco, 21 Jan 2022:   The Report  U.K. Point Of Sale Software Market  Size, Share & Trends Analysis Report By Application (Fixed POS, Mobile POS), By Deployment, By Organization Size, By End-user, And Segment Forecasts, 2021 - 2028 The global U.K. point of sale software market size is expected to reach USD 1.05 billion by 2028, expanding at a CAGR of 8.1% from 2021 to 2028, according to the new study conducted by Grand View Research, Inc. The integration of a Point-Of-Sale (POS) solution with capabilities such as sales reports monitoring, cash flow recording, product demand analysis, tracking delivery status, and inventory management ensure systematic functioning and upscaling of a business. The adoption of POS software is directly impacted by the demand for POS terminals, which is witnessing growth in demand due to changing lifestyles and government policies. However, the COVID-19 pandemic disrupted the industry's business, wherein ...
Read more

Gas Detection Equipment Market Anticipated To Expand At A CAGR 9.7% From 2021 To 2028

  San Francisco, 5 May 2021:   The Report  Gas Detection Equipment Market  Size, Share & Trends Analysis Report By Product, By Technology (Infrared, Catalytic, PID), By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global gas detection equipment market size is expected to reach USD 8.38 billion by 2028, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 9.7% from 2021 to 2028. The market growth can be attributed to the growing awareness among governments regarding the harmful effects of greenhouse gases, coupled with their increased efforts toward protecting the environment. Major industries such as petroleum, oil, and gas, among others are needed to comply with safety and environmental regulations which are also major factors driving the market growth. Many companies are focused on introducing drone-based gas detection equipment, which is expected to create new opportunities for market growth in...
Read more