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Electrosurgical Generators Market size surpassed USD 1.5 billion in 2018 and is expected to achieve over 7.7% CAGR between 2019 and 2025.
‘Electrosurgery’ is a term used to describe several modalities that use electricity supply to thermally destruct a tissue by causing dehydration, vaporization or coagulation. An electrosurgical unit consists of a generator along with a handpiece with one or more electrodes attached. The generator can produce variety of electrical waveforms resulting in corresponding tissue effect. It is one of the crucial equipment in majority of operating settings currently and is regarded as most useful tool by the surgeons.
The technique of using heat as a form of therapy and treatment option to stop bleeding has been used for centuries, called as thermal cautery in which tissues were burnt by thermal heat including steam or hot metal aimed at reducing bleeding or destroying the damage tissue. However, as the technology evolved, numerous devices that used electricity as means to heat tissue and control bleeding were developed. Electrocautery faced drawbacks in case of incapability to coagulate large vessels or tissue efficiently. Further advancement in the electrical field led to use of radiofrequency current to heat living tissue without muscle or nerve stimulation.
Further, electrosurgery also called as surgical diathermy was developed by William Bovie in the year 1926. In this method, the electricity was used as an energy source to enable production of electrosurgical unit that offered means to cut, coagulate a human tissue efficiently using the same device, reduced surgery time and minimal blood loss. Presently, technological advancements have led to the development of innovative electrosurgical generators including the Bovie IDS Generator Line equipped with fully digital implementation to suit modern operating room and surgical outpatient unit. Such technological advancements in the field will lead to the market growth over the forecast period.
The COVID-19 pandemic has severely impacted the global economy, disrupting the operations of virtually every sector and each organization operating within, irrespective the size. Healthcare sector was also largely affected by the increasing prevalence of COVID-19 cases. The pandemic caused a negative impact on the electrosurgical generators market as numerous surgical procedures were classified as non-essential procedures and have been noted to be postponed indefinitely. Factors such as increased availability of resources for COVID-19 patients and reducing the risk of comorbidity among other patients have been noted for the postponement.
However, in some facilities, healthcare practitioners are advised to take decisions on per-case-basis and some critical surgeries such as cardiovascular, neurology, urology and gynecology are performed with an additional emphasis on COVID-19 safety protocols. Additionally, restricted movement of goods and people has caused supply chain disruptions, creating product shortages in the global market due to the higher dependence on U.S. for supply and demand, further impacting the industry.
Report Attribute | Details |
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Base Year: | 2018 |
Electrosurgical Generators Market Size in 2018: | 1.7 Billion (USD) |
Forecast Period: | 2019 to 2025 |
Forecast Period 2019 to 2025 CAGR: | 7.7% |
2025 Value Projection: | 2.9 Billion (USD) |
Historical Data for: | 2014 to 2017 |
No. of Pages: | 130 |
Tables, Charts & Figures: | 103 |
Segments covered: | Type, Application, End-use |
Growth Drivers: |
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Pitfalls & Challenges: |
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