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

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 Trends

This section covers the major market trends shaping the Monopolar Electrosurgery Instrument Market according to our research experts:

The Hand Instruments Segment Accounts for a Significant Share in the Market

Monopolar Electrosurgery Instrument Industry Segmentation

Monopolar electrosurgery instruments can be used for different modalities, such as cutting and blending, coagulation, and fulguration. The electric current created can pass through the patient using an active electrode at the surgical site, and it exits through a return electrode. A generator, active electrode, and return electrode are components of a monopolar circuit. The monopolar electrosurgery instrument market is segmented by product type (hand instruments, surgical generator, return electrode, and accessories), end user (hospitals/clinics, ambulatory surgical centers, and other end users), application (general surgery, gynecological surgery, cardiovascular surgery, orthopedic surgery, cosmetic surgery, and other surgeries), and geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The report offers the value in USD million for the above-mentioned segments.