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Monopolar Electrosurgery Instrument Market Size
The global monopolar electrosurgery instrument market size was valued at USD 2.3 billion in 2024 and is expected to exhibit growth at a CAGR of 4.8% from 2025 to 2034. High market growth can be attributed to rising demand for minimally invasive procedures, growing prevalence of chronic diseases, and increasing global healthcare expenditure, among other contributing factors.
Minimally invasive procedures are widely used in various medical fields, including general surgery, gynecology, urology, and gastroenterology. Monopolar electrosurgery instruments, known for their precision and efficiency, are indispensable in these procedures for tasks such as cutting, coagulating, and desiccating tissues with minimal collateral damage.
Additionally, the global increase in chronic conditions such as obesity, cardiovascular diseases, and cancer has led to a surge in surgeries requiring minimally invasive techniques. Monopolar electrosurgery instruments are highly effective in managing these conditions, driving their demand in operating rooms worldwide.
Monopolar electrosurgery instruments are medical devices used to cut, coagulate, desiccate, or fulgurate tissues during surgical procedures using high-frequency electrical currents. These instruments are widely used across various surgical disciplines, including general surgery, gynecology, urology, and gastroenterology, due to their versatility, precision, and efficiency in achieving hemostasis and tissue manipulation.
How much is the U.S. monopolar electrosurgery instrument market worth?
The U.S. monopolar electrosurgery instrument industry recorded USD 968.7 million in 2024 and is expected to grow at a 4.2% CAGR from 2025 to 2034, supported by the presence of key market players and rising demand for innovative electrosurgical devices.
What is the revenue of the hand instrument segment in the monopolar electrosurgery instrument industry?
The hand instrument segment generated USD 935.1 million in 2024, owing to its extensive use in precise surgical tasks across specialties like general surgery, gynecology, and urology.
How big is the monopolar electrosurgery instrument market?
The global monopolar electrosurgery instrument industry was valued at USD 2.3 billion in 2024 and is projected to grow at a 4.8% CAGR from 2025 to 2034, driven by increasing demand for minimally invasive procedures and rising healthcare expenditure.
Who are some of the prominent players in the monopolar electrosurgery instrument industry?
Key players in the market include Apyx Medical, B.Braun, BOWA MEDICAL, CONMED, Encision, Erbe Elektromedizin, Johnson & Johnson, KLS Martin Group, Medtronic, Meyer-Haake, and Olympus.