Monopolar Electrosurgery Instrument Market Size

Statistics for the 2023 & 2024 Monopolar Electrosurgery Instrument market size, created by Mordor Intelligence™ Industry Reports. Monopolar Electrosurgery Instrument size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Monopolar Electrosurgery Instrument Industry

CAGR Graph
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
CAGR 3.90 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Monopolar Electrosurgery Instrument Market Analysis

The monopolar electrosurgery instrument market is expected to register a CAGR of nearly 3.9% during the forecast period, 2021-2026. Overall, the monopolar electrosurgery instrument market may be impacted moderately due to the COVID-19 pandemic, with hospitals deferring elective surgeries and patients delaying visits due to fear of contracting the virus. Recommendations and guidelines for prioritizing surgical procedures were provided for the management of healthcare services in different countries. For instance, in March 2020, the Society of American Gastrointestinal and Endoscopic Surgeons (SAGES) and the European Association and Endoscopic Surgery (EAES) recommended minimizing the usage of monopolar electrosurgery, ultrasonic dissectors, and advance bipolar devices due to the risk of particle aerosolization. During the same month, similar guidelines were given by the American Association of Gynecologic Laparoscopists (AAGL). With the situation returning to normal, the backlog of procedures is expected to recover.

An increasing number of minimally invasive surgical techniques are likely to be the primary driving factor for the monopolar electrosurgery instrument market. Minimally invasive surgical techniques reduce the complications in patients, reduce the period of hospital stay, reduce the rate of readmittance, and lead to cost savings. A national survey conducted in Italy showed the extensive usage of high energy devices in minimally invasive elective procedures at upper and lower GI tracts, liver, pancreas, and adrenal glands. Additionally, other factors contributing to the growth include technological advancements and an increased number of medical surgeries. According to OECD, from 2016 to 2018, laparoscopic-assisted procedures, such as appendectomy, cholecystectomy, hernia repair, and hysterectomy, increased by 9% in the United Kingdom, 27% in Spain, and 11% in Italy.

Lack of expertise in handling these devices may result in serious consequences for patients. Irrespective of specialty, there exists a knowledge gap among surgeons regarding the effective use of energy devices in surgery. Accidental punctures and lacerations due to error injuries and stray energy burns during laparoscopic procedures may discourage patients from opting for such surgeries. Another factor is the increasing number of robotic surgeries, which may limit the use of other traditional approaches due to increased accuracy and technological advancements.

Monopolar Electrosurgery Instrument Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)