Global Monopolar Electrosurgery Instrument Market Size & Outlook
Global monopolar electrosurgery instrument market, 2016-2027 (US$M)
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Global monopolar electrosurgery instrument market highlights
- The global monopolar electrosurgery instrument market generated a revenue of USD 1,654.6 million in 2020 and is expected to reach USD 2,973.6 million by 2027.
- The market is expected to grow at a CAGR (2021 - 2027) of 8.7% by 2027.
- In terms of segment, hand instrument accounted for a revenue of USD 566.3 million in 2020.
- Generator is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2020.
- Country-wise, UAE is expected to register the highest CAGR from 2021 to 2027.
Global data book summary
| Market revenue in 2020 | USD 1,654.6 million |
| Market revenue in 2027 | USD 2,973.6 million |
| Growth rate | 8.7% (CAGR from 2020 to 2027) |
| Largest segment | Hand instrument |
| Fastest growing segment | Generator |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hand instrument, Generator, Dispersive electrodes, Accessories |
Other key industry trends
- In terms of revenue, the North America accounted for 43.4% of the global monopolar electrosurgery instrument market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, UAE is the fastest growing regional market and is projected to reach USD 25.7 million by 2027.
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Monopolar Electrosurgery Instrument Market Scope
Monopolar Electrosurgery Instrument Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global monopolar electrosurgery instrument market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to monopolar electrosurgery instrument market will help companies and investors design strategic landscapes.
Hand instrument was the largest segment with a revenue share of 34.23% in 2020. Horizon Databook has segmented the Global monopolar electrosurgery instrument market based on hand instrument, generator, dispersive electrodes, accessories covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Monopolar Electrosurgery Instrument Type Outlook (Revenue, USD Million, 2016-2027)
- Hand instrument
- Generator
- Dispersive electrodes
- Accessories
- Global Monopolar Electrosurgery Instrument Application Outlook (Revenue, USD Million, 2016-2027)
- General surgery
- Neurosurgery
- Cardiovascular surgery
- Other Application
- Global Monopolar Electrosurgery Instrument End Use Outlook (Revenue, USD Million, 2016-2027)
- Hospitals
- Specialty clinics
- Ambulatory surgical centers
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Horizon Databook provides a detailed overview of global-level data and insights on the Global monopolar electrosurgery instrument market, including forecasts for subscribers. This global databook contains high-level insights into Global monopolar electrosurgery instrument market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global monopolar electrosurgery instrument market size, by regions, 2016-2027 (US$M)
Top 10 countries: Monopolar electrosurgery instrument market size, 2020 (US$M)
Global monopolar electrosurgery instrument market share, by type, 2020 & 2027 (%, US$M)
Monopolar electrosurgery instrument market: Opportunity assessment by country
Global monopolar electrosurgery instrument market, by region, 2020 (US$M)
| Type | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 860.5 | 892.3 | 925.8 | 961.3 | 717.6 | 1,009.2 | 1,049.9 | 1,093.0 | 1,138.6 | 1,187.0 | 1,238.4 | 1,292.8 | 8.8% |
| Europe | 528.8 | 547.2 | 566.7 | 587.1 | 437.3 | 614.0 | 637.4 | 662.3 | 688.6 | 716.4 | 745.9 | 777.2 | 8.6% |
| Asia Pacific | 390.1 | 406.0 | 422.6 | 440.4 | 329.9 | 465.6 | 486.1 | 507.8 | 530.8 | 555.4 | 581.3 | 609.0 | 9.2% |
| Latin America | 134.9 | 139.2 | 143.7 | 148.3 | 110.3 | 154.3 | 159.7 | 165.4 | 171.5 | 177.9 | 184.6 | 191.7 | 8.2% |
| MEA | 72.7 | 75.1 | 77.5 | 80.1 | 59.5 | 83.1 | 86.0 | 89.1 | 92.3 | 95.6 | 99.1 | 102.9 | 8.1% |
| Overall | 1,987.0 | 2,059.8 | 2,136.3 | 2,217.2 | 1,654.6 | 2,326.2 | 2,419.1 | 2,517.6 | 2,621.8 | 2,732.3 | 2,849.3 | 2,973.6 | 8.7% |
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