Monopolar Electrosurgery Demand is Projected to Reach US$ 3.1 Billion by 2031
Global monopolar electrosurgery market is gaining traction steadily and is expected to ascend at around 4.5% CAGR through 2031, exceeding a valuation of around US$ 2 Billion by 2021.
The market is projected to reach US$ 3.1 Billion by the end of 2031. Overall, the industry is slated to expand 1.5x across the 2021-2031 forecast period.
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Monopolar Electrosurgery Market size is done based on a triangulation methodology that is primarily based on experimental modelling approaches such as patient-level data or disease epidemiology for any key indications , number of procedures and install base analysis for any equipment to obtain precise market estimations for the base year as well as in historic data analysis. Bottom-up approach is always used to obtain Monopolar Electrosurgery insightful data for the specific country/regions.
The country specific data is again analyzed to derive data at a global level. Specific factors/parameters are considered related to the individual Monopolar Electrosurgery market and quantified with insightful rationale.
The Demand analysis of Monopolar Electrosurgery Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Monopolar Electrosurgery Market across the globe.
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Competitive Landscape
The competitive landscape of the monopolar electrosurgery market is shaped by product innovation and strategic mergers & acquisitions. Front Runners are emphasizing capacity enhancements and global footprint expansion to leverage lucrative prospects in developing economies. Some notable developments are as follows:
- In September 2021, Olympus Corporation announced the launch of the first devices in the new POWERSEALTM family of advanced bipolar surgical energy products. The POWERSEAL 5mm Curved Jaw Tissue Sealer and Divider, Double-Action devices meet the highest standards of clinical performance for advanced bipolar surgical energy devices by delivering consistent sealing reliability in an ergonomic, multifunctional design that promotes procedural efficiency.
- In September 2020, Ethicon announced the launch of ECHELON ENDOPATH Staple Line Reinforcement (SLR), a novel buttressing device designed to further strengthen staple lines and reduce potential complications during bariatric, thoracic and general surgical procedures.
Key Companies Profiled:
- CONMED Corporation
- BOVIE MEDICAL
- Medtronic
- Ethicon, Inc.
- Olympus Corporation
- BOWA-electronic GmbH & Co. KG
- Erbe Elektromedizin GmbH
- Aesculap AG (B. Braun Melsungen AG)
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Key Questions Covered in the Monopolar Electrosurgery Market Report
- What is the projected value of the Monopolar Electrosurgery factors Industry in 2022?
- At what rate will the global Monopolar Electrosurgery factors market size grow until 2031?
- Which are the factors hampering the growth of Monopolar Electrosurgery factors?
- Which region is expected to lead in the global Monopolar Electrosurgery factors market By 2031?
- Which are the factors driving the Monopolar Electrosurgery factors Industry during the forecast period?
- What is the expected market value of the Monopolar Electrosurgery factors market during the forecast period?
Regional Analysis For Monopolar Electrosurgery Market:
- APAC (Japan, China, South Korea, Australia, India, and the rest of APAC; the rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (USA, Canada and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, United Arab Emirates, South Africa)
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