Europe Monopolar Electrosurgery Instrument Market Size & Outlook

The monopolar electrosurgery instrument market in Europe is expected to reach a projected revenue of US$ 777.2 million by 2027. A compound annual growth rate of 8.6% is expected of Europe monopolar electrosurgery instrument market from 2021 to 2027.
Revenue, 2020 (US$M)
$437.3
Forecast, 2027 (US$M)
$777.2
CAGR, 2021 - 2027
8.6%
Report Coverage
Europe

Europe monopolar electrosurgery instrument market, 2016-2027 (US$M)

Europe

Europe monopolar electrosurgery instrument market highlights

  • The Europe monopolar electrosurgery instrument market generated a revenue of USD 437.3 million in 2020.
  • The market is expected to grow at a CAGR of 8.6% from 2021 to 2027.
  • In terms of segment, hand instrument was the largest revenue generating type in 2020.
  • Generator is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2021 to 2027.


Europe data book summary

Market revenue in 2020USD 437.3 million
Market revenue in 2027USD 777.2 million
Growth rate8.6% (CAGR from 2020 to 2027)
Largest segmentHand instrument
Fastest growing segmentGenerator
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationHand instrument, Generator, Dispersive electrodes, Accessories
Key market players worldwideConmed Corp, Olympus Corp, Medtronic PLC, KLS Martin Group, B. Braun, Stryker Corp, Apyx Medical Corp, Johnson & Johnson, Integra LifeSciences, Surgical Holdings


Other key industry trends

  • In terms of revenue, Europe region accounted for 26.4% of the global monopolar electrosurgery instrument market in 2020.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 609.0 million by 2027.

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Monopolar Electrosurgery Instrument Market Companies

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Europe 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 33.57% in 2020. Horizon Databook has segmented the Europe monopolar electrosurgery instrument market based on hand instrument, generator, dispersive electrodes, accessories covering the revenue growth of each sub-segment from 2016 to 2027.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe monopolar electrosurgery instrument market, including forecasts for subscribers. This continent databook contains high-level insights into Europe monopolar electrosurgery instrument market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Europe monopolar electrosurgery instrument market size, by country, 2016-2027 (US$M)

Europe Monopolar Electrosurgery Instrument Market Share, 2020 & 2027 (US$M)

Europe monopolar electrosurgery instrument market size, by country, 2016-2027 (US$M)

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