COVID-19 Impact on Electrosurgical Electrodes Market
- The COVID-19 outbreak is hampering the demand for electrosurgical electrodes in many applications. Governments of various countries across the globe enforced lockdown measures to curb the spread of the coronavirus. This resulted in slowdown and even halt in manufacturing operations, thus hampering the demand for electrosurgical electrodes.
- Key players operating in the electrosurgical electrodes market are primarily tier I and tier II manufacturers and suppliers. Manufacture and supply chain facilities of these players are spread across various countries in Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Many of these players halted their production output over the last few months due to the COVID-19 pandemic. The pandemic has negatively impacted the demand and supply chain of electrosurgical electrodes.
- The COVID-19 outbreak has directly affected the production and demand for electrosurgical electrodes. The industrial shutdown caused by the COVID-19 pandemic has created disruption in the supply chain. Disruption in supply of raw materials is projected to hamper full-scale operations of companies operating in the market.
Key Drivers of Electrosurgical Electrodes Market
- Rise in demand for electrosurgical electrodes in the medical industry is a significant factor projected to fuel the global electrosurgical electrodes market during the forecast period. Demand for electrosurgical electrodes is high in various applications such as hospitals.
- Introduction of monopolar as well as bipolar electrosurgical units has widened the scope of application for such devices
- Rise in number of surgeries in several streams of health care is also boosting the global electrosurgical electrodes market
North America to Constitute Significant Share of Global Electrosurgical Electrodes Market
- In terms of region, the global electrosurgical electrodes can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America dominated the global market in 2020. It is the major region of the electrosurgical electrodes market. North America is expected to account for the leading share of the global electrosurgical electrodes market during the forecast period owing to growth in urbanization and rise in spending power of countries in the region. The electrosurgical electrodes in the region are expected to expand at a rapid pace throughout the forecast period.
- Europe is also one of the key consumers of tire electrosurgical electrodes. The region is expected to account for large share of the global electrosurgical electrodes market during the forecast period.
Competitive Landscape of Global Electrosurgical Electrodes Market
Major players operating in the global electrosurgical electrodes market are adopting various organic and inorganic growth strategies such as joint ventures, mergers & acquisitions, expansion, collaborations, new product launches, strategic alliances, and research and development to increase their regional presence and business operations. The market is currently witnessing fierce competition among several leading players. Key players operating in the market include:
- Biomedica Health Care, Inc
- Ambu A/S
- C. R. Bard
- MEGADYNE S.P.A
- eMed
- Erbe Elektromedizin GmbH
Global Electrosurgical Electrodes Market
Global Electrosurgical Electrodes Market, by Product
- Electrosurgical Generators
- Electrodes
- Smoke Evacuation Systems
Global Electrosurgical Electrodes Market, by End-use
- Hospitals
- Ambulatory Surgical Units
- Specialized Clinics
- Others
Global Electrosurgical Electrodes Market, by Application
- General Surgery
- Gynecology
- Urology
- Cardiovascular Surgery
- Cosmetic Surgery
- Neurosurgery
- Others
Global Electrosurgical Electrodes, by Region
- North America
- Europe
- Germany
- France
- U.K.
- Italy
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Electrosurgical Electrodes Market: Introduction
- Electrosurgical electrode is a surgical device used to incise tissue and control the bleeding in the body, with the help of high-powered generators that produce radiofrequency spark between surgical sites.
- Electrosurgical electrodes are now used over their conventional counterparts due to the growth in technology. Electrosurgical electrodes provide low risk to the patient, faster recovery time, and minimum chances of infection.
