Electrosurgical device is a surgical unit utilized to destroy tissue, incise tissue through desiccation, and to manage bleeding by coagulating blood. Electro surgery is the procedure that involves high energy alternating current usage to raise the intracellular temperature in order to achieve vaporization or a combination of protein coagulation and desiccation of biological tissue. Electrosurgical devices are utilized in general surgery, gynecological surgery, orthopedic surgery, cardiovascular surgery, cosmetic surgery, and ophthalmology surgery. Electrosurgical devices are used to carry out tissue ablation, desiccation, coagulation, fulguration, and tissue cutting procedures.
Electrosurgery involves conversion of electromagnetic energy into kinetic energy inside the tissue of biological cell which is again converted to thermal energy by providing the desired effect.
The India electrosurgical devices market is estimated to be valued at US$ 200.1 million in 2021 and is expected to exhibit a CAGR of 7.2% over the forecast period (2021-2028).
Figure 1. India Electrosurgical Devices Market Share (%), By Product Type, 2021
The increasing product launches and approvals are expected to drive the market growth over the forecast period.
For instance, in May 2018, Olympus Corporation, a leading manufacturer of optical and digital precision technology, launched DualKnife J, an endoscopic submucosal dissection (ESD) electrosurgical knife. The device has been integrated with submucosal injection to support efficient, safe, and more reliable ESD performance.
|Base Year:||2020||Market Size in 2021:||US$ 200.1 Mn|
|Historical Data for:||2017 to 2020||Forecast Period:||2021 to 2028|
|Forecast Period 2021 to 2028 CAGR:||7.2%||2028 Value Projection:||US$ 310.1 Mn|
Medtronic plc., CONMED Corporation, Ethicon, Inc., Symmetry Surgical Inc., B. Braun Melsungen AG, Olympus Corporation, Erbe Elektromedizin GmbH, Innoblative Designs, Inc., Stryker Corporation, OmniGuide Inc., and PENTAX Medical
|Restraints & Challenges:||
Figure 2. India Electrosurgical Devices Market Share (%), By Application, 2021
The increasing research and development activities for the development of safer devices for electrosurgery is expected to drive the market growth over the forecast period.
For instance, in February 2019, PENTAX Medical, a division of HOYA Group delivering endo-imaging solutions, launched novel electrosurgical and argon plasma coagulation (APC) platforms, the ENDO ARC and ENDO PLUS. ENDO PLUS provides endoscopic resections containing loops or knife electrodes as well as safe modes which are customizable and three Gastro-Cut modes throughout polypectomy and papillotomy. ENDO ARC offers ‘contact-free’ operation for argon-assisted electrosurgery.
India Electrosurgical Devices Market – Impact of Coronavirus (Covid-19) Pandemic
The COVID-19 pandemic and lockdown in various countries across the globe has negatively impacted the financial status of businesses across all sectors. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry mainly due to strict lockdown in several regions. Likewise, COVID-19 pandemic is expected to have a significant impact on the India electrosurgical devices market.
Indian economy has been affected due to the COVID-19 pandemic in several ways such as supply and demand cycle, restricting the distribution channel, and financial impact on manufacturing companies.
India Electrosurgical Devices Market: Restraint
The healthcare system in India is inadequate, inefficient, and unevenly distributed. For instance, according to an article ‘Medical Device Industry in India’, published in 2017 by AdvaMed (the Advanced Medical Technology Association) and collaborator, 69% of Indian population resides in rural area and rest of the Indian population lives in urban area. 73% of qualified consulting doctors reside in urban areas and only 8% and 19% of medical professionals are available in rural and semi-rural areas, respectively and dealing with the specialist area such as electrosurgery and minimally invasive surgery. This results in a lack of access to advanced medical devices such as electrosurgical devices in India, which may hinder the growth of India electrosurgical devices market.
Major players operating in India electrosurgical devices market include Medtronic plc., CONMED Corporation, Ethicon, Inc., Symmetry Surgical Inc., B. Braun Melsungen AG, Olympus Corporation, Erbe Elektromedizin GmbH, Innoblative Designs, Inc., Stryker Corporation, OmniGuide Inc., and PENTAX Medical.
The electrosurgical device is a surgical aid used for tissue incision, tissue destruction through desiccation, and hemostasis maintenance. This is achieved through a high frequency and high powered generator which produces a radiofrequency spark among a probe and surgical site and results in localized heating and tissue damage. An electrosurgical generator can be operated in two modes: monopolar and bipolar mode. Electrosurgery is carried out regularly in eye surgery to cut, dissect, fulgurate, coagulate, shrink, and ablate tissue. Electrosurgical generators work by producing electrical waveforms. Desired tissue effect is obtained as these waveforms modifies. Electrosurgical devices create high current which may injure operator and patient if handled improperly. Several issues such as surgical fires, and burns may occur while operating electrosurgical units. These safety issues can be overcome by precautions and proper training.
The increasing burden of non-communicable diseases and increasing medical tourism in India, rising research and development activities for the development of novel electrosurgical devices, and increasing adoption of inorganic growth strategies such as mergers, acquisitions, partnerships, and collaborations by key players operating in the market are the major factors that are expected to drive the growth of India electrosurgical devices market over the forecast period.
For instance, in 2020, according to the statistical data published by Ministry of Tourism, India, 182,945 medical tourists arrived in India in 2020. Medical tourism for cosmetic and aesthetic plastic surgeries in India is increasing rapidly due to lower price of cosmetic surgeries as compared to other developed and emerging economies.
Key features of the study:
“*” marked represents similar segmentation in other categories in the respective section.