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Asia-Pacific Electrosurgical Devices Market by Type {Electrosurgical Generators, Electrosurgical Instruments & Accessories [Electrosurgical Instruments (Bipolar Instruments, Monopolar Instruments), Electrosurgical Accessories (Patient Return Electrodes or Dispersive Electrodes, Cords, Cables, and Adapters, Others)], Argon and Smoke Management Systems} - Opportunity Analysis and Industry Forecast, 2014-2022

LI_171935
Pages: 150
Feb 2017 | 1340 Views
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Author's : Shubhangi Bawakar and Abha Thakur
Tables: 26
Charts: 55
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The Asia-Pacific electrosurgical devices market size is estimated to grow with a CAGR of 10.4% during the forecast period. The growth of the APAC electrosurgical devices market is attributed to the surge in rate of chronic disorders, geriatric population in countries such as Japan, China, and others, and volume of surgical procedures. Emerging economies, which include China, India, and others are estimated to create new opportunities during the analysis period. However, stringent government policies limiting the Asia-Pacific market for electrosurgical devices. APAC electrosurgical devices market analysis is done on the basis of product type, application and country segmentation.

Asia-Pacific Electrosurgical Devices Market Segmentation

Asia-Pacific Electrosurgical Devices Market Segmentation

Segment Review

Electrosurgical instruments & accessories is the top potential target market for investment for the key players in the electrosurgical devices market, and its demand is expected to increase owing to rise in the surgical procedures and the adoption of electrosurgical devices in all types of surgical procedures performed across Asia-Pacific.

Top Investment Pockets

Asia-Pacific Electrosurgical Devices Market Top Investment Pockets

By country, Japan accounted for the largest share in the Asia-Pacific electrosurgical devices market in 2015. The growth is mainly driven by the emerging economies and increase in investment in the healthcare sector.

India: Electrosurgical Devices Market ($Million), 2014-2022

India Electrosurgical Devices Market

The key players profiled in the report include B. Braun Melsungen AG (Germany), Bovie Medical Corporation (U.S.), Megadyne Medical Products Inc. (U.S.), CONMED Corporation (U.S.), Medtronic plc. (Ireland), Johnson & Johnson (U.S.), ERBE Elektromedizin GmbH (Germany), KLS Martin Group (Germany), Olympus Corporation (Japan), and Utah Medical Products, Inc. (U.S.).

Various Growth Opportunities from Emerging Economies

The growth of the electrosurgical device market is estimated to be catalyzed by opportunities in untapped, emerging markets with high potential due to improving healthcare infrastructure, unmet healthcare needs, rise in chronic diseases, and increased demand for minimally invasive surgeries.

The healthcare industry in the Asia-Pacific is developing at a significant rate due to augmentation in demand for better healthcare services, significant investments by government to improve healthcare infrastructure, and growth of medical tourism industry in emerging countries.

The increase in trend of medical tourism in emerging economies in Asia-Pacific such as China, India, Brazil, Mexico, Malaysia, Thailand, Singapore, and South Korea offer high growth opportunities for electrosurgical equipment manufacturers. However, some of the Asian countries including India are very popular because of high-quality care with remarkably lower costs. Thus, India's medical tourism market is accounted for nearly 3 billion in 2015 and is anticipated to reach $8 billion by 2020. Increase in partnership amongst various healthcare centers at a global level will increase medical tourism globally and it will also stimulate the market of electrosurgical devices. Therefore, surging partnership will create new opportunities in this sector. Hence, the booming medical tourism industry in the Asia-Pacific region, improvement in healthcare infrastructure, increase in healthcare expenditure, and rise in demand for surgical procedures from large pool of patient population in countries such as China & India is projected to create new opportunities during the forecast period.

ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET KEY BENEFITS:

  • The study provides an in-depth analysis of the Asia-Pacific electrosurgical devices market with current trends and future estimations to elucidate the investment pockets in the market.
  • The report provides a quantitative analysis from 2014 to 2022, which is projected to enable the stakeholders to capitalize on prevailing market opportunities.
  • Extensive analysis, by product and application, helps understand the various types of products used for different applications.
  • Key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which predicts the competitive outlook of the Asia-Pacific electrosurgical devices market.

ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET KEY SEGMENT:

By Product Type

  • Electrosurgical Generators
  • Electrosurgical Instruments & Accessories
    • Electrosurgery Instruments
      • Bipolar Instruments
        • Advanced Vessel Sealing Instruments
        • Bipolar Forceps
      • Monopolar Instruments
        • Electrosurgical Pencils
        • Electrosurgical Electrodes
        • Suction Coagulators
        • Monopolar Forceps
    • Electrosurgery Accessories
      • Patient Return Electrodes or Dispersive Electrodes
      • Cords, Cables, and Adapters
      • Others (Foot Switches, Carts, and Tip Cleaners)
  • Argon and Smoke Management Systems

By Application

  • General Surgery
  • Gynecology Surgery
  • Urologic Surgery
  • Orthopedic Surgery
  • Cardiovascular Surgery
  • Cosmetic Surgery
  • Neurosurgery
  • Others (ENT, Dermatology, and Ophthalmic Surgeries)

By Country

  • Japan
  • China
  • India
  • Rest of Asia-Pacific
 

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research

1.5. ANALYST TOOLS AND MODELS

Chapter: 2 EXECUTIVE SUMMARY

2.1. KEY FINDINGS OF THE STUDY
2.2. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.2.2.1. Product approval, launch, & enhancement
3.2.2.2. Acquisition and Mergers:
3.2.2.3. Agreements, Collaborations, & Partnerships

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Bargaining power of buyers (Low to Moderate)
3.3.2. Bargaining power of suppliers (Low)
3.3.3. Threat of new entrants (Low)
3.3.4. Threat of substitute products (Low to moderate)
3.3.5. Intensity of competitive rivalry (High)

3.4. TOP PLAYER POSITIONING, 2015
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Rising Number of Surgical Procedures Across the Globe
3.5.1.2. Large Pool of Geriatric Population and Related Rise in Chronic Diseases
3.5.1.3. Technological Advancement

3.5.2. Restraints

3.5.2.1. Stringent Rules & Regulations for product approval

3.5.3. Opportunities

3.5.3.1. Various Growth Opportunities from Emerging Economies

Chapter: 4 ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET, BY PRODUCT TYPE

4.1. OVERVIEW

4.1.1. Market Size and Forecast

4.2. ELECTROSURGICAL GENERATORS

4.2.1. Key Market Trends
4.2.2. Key Growth Factors And Opportunities
4.2.3. Market Size And Forecast

4.3. ARGON AND SMOKE MANAGEMENT SYSTEMS

4.3.1. Key Market Trends
4.3.2. Key Growth Factors And Opportunities
4.3.3. Market Size And Forecast

4.4. ELECTROSURGICAL INSTRUMENTS AND ACCESSORIES

4.4.1. Key Market Trends
4.4.2. Key Growth Factors And Opportunities
4.4.3. Market Size And Forecast
4.4.4. Electrosurgical Instruments

4.4.4.1. Market Size And Forecast
4.4.4.2. Bipolar Instruments

4.4.4.2.1. Market Size And Forecast
4.4.4.2.2. Advanced Vessel Sealing Instruments Market Size And Forecast
4.4.4.2.3. Bipolar forceps Market Size and Forecast

4.4.4.3. Monopolar Electrosurgical Instruments

4.4.4.3.1. Market Size And Forecast
4.4.4.3.2. Electrosurgical Pencils Market Size and Forecast
4.4.4.3.3. Electrosurgical Electrodes Market Size and Forecast
4.4.4.3.4. Suction Coagulators Market Size and Forecast
4.4.4.3.5. Monopolar Forceps Market Size and Forecast

4.4.5. Electrosurgical Accessories

4.4.5.1. Market Size and Forecast
4.4.5.2. Patient Return Electrodes or Dispersive Electrodes Market Size And Forecast
4.4.5.3. Cords, Cables, and Adapters Market Size and Forecast
4.4.5.4. Others accessories (Foot Switches, Carts, and Tip Cleaners) Market Size and Forecast

Chapter: 5 ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET, BY APPLICATION

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. GENERAL SURGERY

5.2.1. Market size and forecast

5.3. GYNECOLOGY SURGERY

5.3.1. Market size and forecast

5.4. UROLOGIC SURGERY

5.4.1. Market size and forecast

5.5. ORTHOPEDIC SURGERY

5.5.1. Market size and forecast

5.6. CARDIOVASCULAR SURGERY

5.6.1. Market size and forecast

5.7. PLASTIC AND RECONSTRUCTIVE/COSMETIC SURGERIES

5.7.1. Market size and forecast

5.8. NEUROSURGERY

5.8.1. Market size and forecast

5.9. OTHERS

5.9.1. Market size and forecast

Chapter: 6 ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET, BY COUNTRY

6.1. OVERVIEW
6.2. KEY MARKET TRENDS
6.3. KEY GROWTH FACTORS AND OPPORTUNITIES
6.4. MARKET SIZE AND FORECAST

6.4.1. Japan: market size and forecast
6.4.2. China market size and forecast
6.4.3. India market size and forecast
6.4.4. Rest of Asia-Pacific market size and forecast

Chapter: 7 COMPANY PROFILES

7.1. OLYMPUS CORPORATION

7.1.1. Overview
7.1.2. Operating business segments
7.1.3. Business performance
7.1.4. Strategic moves and developments

7.2. CONMED CORPORATION

7.2.1. Overview
7.2.2. Operating business segments
7.2.3. Business performance
7.2.4. Key strategic moves and developments

7.3. KLS MARTIN (KLS) GROUP

7.3.1. Overview
7.3.2. Operating business segments
7.3.3. Business performance
7.3.4. Key strategic moves and developments

7.4. BOVIE MEDICAL CORPORATION

7.4.1. Overview
7.4.2. Operating business segments
7.4.3. Business performance
7.4.4. Key strategic moves and developments

7.5. UTAH MEDICAL PRODUCTS, INC.

7.5.1. Overview
7.5.2. Operating business segments
7.5.3. Business performance

7.6. MEDTRONIC PLC.

7.6.1. Overview
7.6.2. Operating business segments
7.6.3. Business performance
7.6.4. Key strategic moves and developments

7.7. ERBE ELEKTROMEDIZIN GMBH.

7.7.1. Overview
7.7.2. Operating business segments
7.7.3. Business performance

7.8. JOHNSON AND JOHNSON PVT. LTD.

7.8.1. Overview
7.8.2. Operating business segments
7.8.3. Business performance
7.8.4. Key strategic moves and developments

7.9. B. BRAUN MELSUNGEN AG

7.9.1. Overview
7.9.2. Operating business segments
7.9.3. Business performance

7.10. MEGADYNE MEDICAL PRODUCTS, INC.

7.10.1. Overview
7.10.2. Operating business segments
7.10.3. Business performance
7.10.4. Key strategic moves and developments

LIST OF TABLES

TABLE 1. ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET, BY PRODUCT TYPE, 2014-2022 ($MILLION)
TABLE 2. ASIA-PACIFIC ELECTROSURGICAL INSTRUMENTS & ACCESSORIES MARKET, BY PRODUCT TYPE, 2014-2022 ($MILLION)
TABLE 3. ASIA-PACIFIC ELECTROSURGICAL INSTRUMENTS MARKET, BY PRODUCT TYPE, 2014-2022 ($MILLION)
TABLE 4. ASIA-PACIFIC BIPOLAR INSTRUMENTS MARKET, BY PRODUCT TYPE, 2014-2022 ($MILLION)
TABLE 5. ASIA-PACIFIC MONOPOLAR INSTRUMENTS MARKET, BY PRODUCT TYPE, 2014-2022 ($MILLION)
TABLE 6. ASIA-PACIFIC ELECTROSURGICAL ACCESSORIES MARKET, BY PRODUCT TYPE, 2014-2022 ($MILLION)
TABLE 7. ASIA-PACIFIC ELCETROSURGICAL DEVICES MARKET, BY APPLICATION, 2014-2022 ($MILLION)
TABLE 8. ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 9. JAPAN ELECTROSURGICAL DEVICES MARKET, 2014-2022 ($MILLION)
TABLE 10. CHINA ELECTROSURGICAL DEVICES MARKET, 2014-2022 ($MILLION)
TABLE 11. INDIA ELECTROSURGICAL DEVICES MARKET, 2014-2022 ($MILLION)
TABLE 12. REST OF ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET, 2014-2022 ($MILLION)
TABLE 13. OLYMPUS CORPORATION: COMPANY SNAPSHOT
TABLE 14. CONMED: COMPANY SNAPSHOT
TABLE 15. KLS MARTIN GROUP: COMPANY SNAPSHOT
TABLE 16. KLS MARTIN GROUP: OPERATING SEGMENTS
TABLE 17. BOVIE MEDICAL CORPORATION: COMPANY SNAPSHOT
TABLE 18. UTMD: COMPANY SNAPSHOT
TABLE 19. MEDTRONIC: COMPANY SNAPSHOT
TABLE 20. MEDTRONIC: OPERATING SEGMENTS
TABLE 21. ERBE ELEKTROMEDIZIN : COMPANY SNAPSHOT
TABLE 22. ERBE ELEKTROMEDIZIN : OPERATING SEGMENTS
TABLE 23. JOHNSON AND JHONSON: COMPANY SNAPSHOT
TABLE 24. JNJ: OPERATING SEGMENTS
TABLE 25. B. BRAUN MELSUNGEN AG INC.: COMPANY SNAPSHOT
TABLE 26. MEGADYNE MEDICAL PRODUCTS, INC : COMPANY SNAPSHOT

LIST OF FIGURES

FIGURE 1. ELECTROSURGICAL DEVICES: MARKET SEGMENTATION
FIGURE 2. TOP INVESTMENT POCKETS
FIGURE 3. TOP WINNING STRATEGIES: PERCENTAGE DISTRIBUTION, (2014 - 2016)
FIGURE 4. TOP WINNING STRATEGIES: NATURE AND TYPE
FIGURE 5. PORTERS FIVE FORCE ANALYSIS OF ELECTROSURGICAL DEVICES MARKET
FIGURE 6. MARKET SHARE ANALYSIS OF ELECTROSURGICAL ENERGY DEVICES , 2015
FIGURE 8. INCREASING NUMBER OF PEOPLE WITH CHRONIC DISEASES
FIGURE 9. ASIA-PACIFIC ELECTROSURGICAL GENERATORS MARKET, 2014-2022 ($MILLION)
FIGURE 10. ASIA-PACIFIC ARGON & SMOKE MANAGEMENT SYSTEM MARKET, 2014-2022 ($MILLION)
FIGURE 11. ASIA-PACIFIC ADVANCED VESSEL SEALING INSTRUMENTS MARKET, 2014-2022 ($MILLION)
FIGURE 12. ASIA-PACIFIC BIPOLAR FORCEPS MARKET, 2014-2022 ($MILLION)
FIGURE 13. ASIA-PACIFIC ELECTROSURGICAL PENCILS MARKET, 2014-2022 ($MILLION)
FIGURE 14. ASIA-PACIFIC ELECTROSURGICAL ELECTRODES MARKET, 2014-2022 ($MILLION)
FIGURE 15. ASIA-PACIFIC SUCTION COAGULATORS MARKET, 2014-2022 ($MILLION)
FIGURE 16. ASIA-PACIFIC MONOPOLAR FORCEPS MARKET, 2014-2022 ($MILLION)
FIGURE 17. ASIA-PACIFIC PATIENT RETURN ELECTRODES OR DISPERSIVE ELECTRODES MARKET, 2014-2022 ($MILLION)
FIGURE 18. ASIA-PACIFIC CORDS, CABLES, AND ADAPTERS MARKET, 2014-2022 ($MILLION)
FIGURE 19. ASIA-PACIFIC OTHERS (FOOT SWITCHES, CARTS, AND TIP CLEANERS) MARKET, 2014-2022 ($MILLION)
FIGURE 20. ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET FOR GENERAL SURGERY, 2014 - 2022 ($MILLION)
FIGURE 21. ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET FOR GYNECOLOGY SURGERY, 2014 - 2022 ($MILLION)
FIGURE 22. ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET FOR UROLOGIC SURGERY, 2014 - 2022 ($MILLION)
FIGURE 23. ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET FOR ORTHOPEDIC SURGERY, 2014 - 2022 ($MILLION)
FIGURE 24. ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET FOR CARDIOVASCULAR SURGERY, 2014 - 2022 ($MILLION)
FIGURE 25. TOTAL NUMBER OF AESTHETIC/COSMETIC SURGICAL PROCEDURES, BY COUNTRY, 2010-2015
FIGURE 26. ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET FOR PLASTIC AND RECONSTRUCTIVE SURGERY, 2014 - 2022 ($MILLION)
FIGURE 27. ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET FOR NEUROSURGERY, 2014 - 2022 ($MILLION)
FIGURE 28. ASIA-PACIFIC ELECTROSURGICAL DEVICES MARKET FOR OTHER SURGERIES, 2014 - 2022 ($MILLION)
FIGURE 29. PERCENTAGE OF AGEING POPULATION (PEOPLE WITH 65 YEARS & ABOVE) IN JAPAN (% OF TOTAL)
FIGURE 30. JAPAN: ELECTROSURGICAL DEVICES MARKET, 2014-2022 ($MILLION)
FIGURE 31. CHINA: ELECTROSURGICAL DEVICES MARKET, 2014-2022 ($MILLION)
FIGURE 32. INDIA: ELECTROSURGICAL DEVICES MARKET, 2014-2022 ($MILLION)
FIGURE 33. REST OF ASIA-PACIFIC: ELECTROSURGICAL DEVICES MARKET, 2014-2022 ($MILLION)
FIGURE 34. OLYMPUS: REVENUE ($MILLION), 2013-2015
FIGURE 35. OLYMPUS: REVENUE (%) BY OPERATING SEGMENT, 2015
FIGURE 36. OLYMPUS: REVENUE (%) BY GEOGRAPHY, 2015
FIGURE 37. CONMED: REVENUE ($MILLION), 2013-2015
FIGURE 38. CONMED: REVENUE (%) BY OPERATING SEGMENT, 2015
FIGURE 39. CONMED: REVENUE (%) BY GEOGROPHY, 2015
FIGURE 40. BOVIE MEDICAL CORPORATION : REVENUE ($MILLION), 2013-2015
FIGURE 41. BOVIE MEDICAL CORPORATION : REVENUE, BY SEGMENT (%), 2015
FIGURE 42. BOVIE MEDICAL CORPORATION : REVENUE, BY GEOGRAPHY(%), 2015
FIGURE 43. UTMD REVENUE, 2013-2015 ($MILLION)
FIGURE 44. UTMD REVENUE, BY OPERATING SEGMENT 2013-2015 (%)
FIGURE 45. UTMD REVENUE, BY GEOGRAPHY, 2015 (%)
FIGURE 46. MEDTRONIC: REVENUE ($MILLION), 2014-2016
FIGURE 47. MEDTRONIC: REVENUE (%), BY SEGMENT, 2016
FIGURE 48. MEDTRONIC: REVENUE (%), BY GEOGRAPHY, 2016
FIGURE 49. JOHNSON AND JOHNSON: REVENUE ($MILLION), 2013-2015
FIGURE 50. JOHNSON AND JOHNSON: REVENUE, BY OPERATING SEGMENT IN U.S. (%), 2015
FIGURE 51. JOHNSON AND JOHNSON: REVENUE, BY OPERATING SEGMENT INTERNATIONALLY (EXCLUDING U.S.) (%), 2015
FIGURE 52. JOHNSON AND JOHNSON: REVENUE (%), BY GEOGRAPHY, 2015
FIGURE 53. B. BRAUN MELSUNGEN AG REVENUE, 2013-2015 ($MILLION)
FIGURE 54. B. BRAUN MELSUNGEN AG: REVENUE (%), BY OPERATING SEGMENT, 2015
FIGURE 55. B. BRAUN MELSUNGEN AG: REVENUE (%), BY GEOGRAPHY, 2015

 

The major factors that drive the growth of the electrosurgical devices market in Asia-Pacific region include surge in geriatric population in countries such as Japan and China, growth in per capita income in many countries in the region, government initiatives for the improvement of healthcare sector, and rise in focus of leading manufacturers on expanding their geographic presence in the emerging APAC countries to capture high growth opportunities in the market. In addition, rise in trend of medical tourism in many countries of Asia-Pacific region owing to low cost surgeries in the region is expected to drive the electrosurgical devices market growth during the forecast period. For instance, according to the press release by MHTC in April 2013, the country’s healthcare tourism market was increased by 51% in terms of revenue between 2010 and 2012. Similarly, there was an increase, by 63%, in the number of foreign patients, who visited the country between 2010 and 2012, for treatment.

Japan dominated the market of electrosurgical devices in 2015 due to the high adoption rate of minimally invasive surgeries, rise in geriatric population, and well-established healthcare system in the region. Major companies involved in the production of electrosurgical devices market are Olympus Corporation, Johnson & Johnson Pvt. Ltd, B. Braun, and others.

 

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