Monopolar Electrosurgery Market: Global Opportunity Analysis and Industry Forecast 2021-2031 Market

Electrosurgery utilizes electricity of a very high frequency for coagulation, fulguration, desiccation, and cutting of tissues. This process can be run via both the monopolar and bipolar energy in concurrence by using special instruments. Both the modalities have specific benefits. In monopolar electrosurgery, a current is passed through the probe electrode to the tissues of patients to the return pad, which helps in the completion of the circuit. On the contrary, in bipolar electrosurgeries, the current passes through the tissue within the arms of the electrode, which are shaped via forceps. Monopolar electrosurgeries are performed by the usage of various modalities such as blending, fulgurating, desiccating, and cutting. They are performed by a pencil instrument, which is an active electrode. It is deposited on the site of the entry, which cuts the tissues along with bleeding coagulation.

COVID-19 scenario analysis:

• To take care of the infected population the demand for medical supplies is increasing. Respiratory support devices, such as atomizer, life-support machine, oxygen generator, and monitor, are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment, including masks, gloves, and protective eyeglasses. 
• With rise in the number of COVID-19 cases worldwide, the need for medical supplies keeps on rising both from healthcare professionals and civil populations for precautionary measures. 
• Manufacturers of these products have a chance to capitalize on this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.
• Attributed to such factors, COVID 19 is expected to have a significant impact on the market.

Top impacting factors: Market scenario analysis, trends, drivers and impact analysis

Various governments across the globe are actively accepting elective surgeries and funding various activities to grant easier access for patients who choose to opt for monopolar electrosurgeries; significant increase in cases of chronic diseases; and rise in patients who choose to go through monopolar electrosurgeries are applying technological as well as financial pressure on the health care systems across the globe, which led to scarcity of hospital beds. Therefore, these are the major factors propelling the growth of the monopolar electrosurgery market.

Additionally, various other governments are also introducing new programs, such as grants and investments, for different organizations and hospitals for the betterment of elective surgeries to reduce the standby time and bring in other charges for the healthcare sector. Furthermore, there has been significant rise in the frequency of ultrasonic devices in laparoscopic procedures. This is the major challenge faced by the monopolar electrosurgery market.

New product launches and acquisitions to boost the market

On October 15th, 2019, FDA approved 510k to Apyx Medical for Apyx Plasma/RF Handpiece. This handpiece is a sterile and electrosurgical device that can be used only for once. On September 27th, 2019, Ethicon introduced a New Megadyne Mega Soft Reusable patient return electrode. This electrode can get rid of the skin preparation requirement. This electrode is used by patients, and is available in any size. On May 8th, 2017, the U.S. FDA approved J-Plasma generators and hand-instruments by the BOVIE MEDICAL. On January 20th, 2017, Ethicon, Inc. acquired Megadyne Medical Products, Inc., which offers electrosurgical products.

Surge in usage in hospital applications:

Ambulatory surgery centers, hospitals, and others are the major consumers of monopolar electrosurgery. Amongst them, hospitals are the biggest end users in the market due to the increase in upgrades in hospital infrastructure in both developed as well as developing economies. Moreover, new manufactures entering the healthcare segments also boost the growth of the monopolar electrosurgery market.

Key benefits of the report:

• This study presents the analytical depiction of the monopolar electrosurgery market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the monopolar electrosurgery market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the monopolar electrosurgery market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the monopolar electrosurgery market research report:

• Which are the leading market players active in the market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities of the market?
• What are the projections for the future that would help in taking further strategic steps?

 Monopolar Electrosurgery Market: Global Opportunity Analysis and Industry Forecast 2020–2027 Report Highlights