Global Electrosurgery Market is valued at USD 6.63 Billion in 2021 and is expected to reach USD 9.39 Billion by 2028 with a CAGR of 5.10% over the forecast period.
Electrosurgery Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Electrosurgery Market place for the forecast 2022– 2028. The growth of the electrosurgery devices market is powered by increase in number of surgical operations all over the world, increase in prevalence of chronic diseases, large pool of geriatric population, and technical advancements.
Electrosurgery devices are employed in surgical operations such as general surgery, gynecology surgery, cardiovascular surgery, and others. These devices use electric current for the targeted tissues’ thermal destruction. Electrosurgery devices are used in surgical procedures to coagulate, cut, fulgurate, and desiccate the tissues. These devices are employed in combination with specialized instruments.
The global electrosurgery devices market is divided by application, product, and geography. By product, the market is divided into electrosurgery instruments & accessories, electrosurgery generators, and argon & smoke management systems. The electrosurgery instruments & accessories section is further divided into electrosurgery accessories (cords, patient return electrodes, adapters, cables, and others) and electrosurgery equipment (monopolar electrosurgery instruments and bipolar electrosurgery instruments). Electrosurgical instruments & accessories section added up for the biggest market share and is predicted to develop at a significant rate during the coming period.
By-products, the electrosurgery market is divided into electrosurgical generators, electrosurgical instruments, smoke evacuation systems, and electrosurgical accessories. The electrosurgical instruments section added up for the biggest share of the global electrosurgery market. The huge share of this section can be credited to the high usage volume of reusable and disposable electrosurgical instruments. Moreover, technical advancements in electrosurgical instruments and the rising number of plastic and cosmetic surgeries are powering the development of this section.
By type of surgery, the market is divided into gynecology surgery, general surgery, orthopedic surgery, urological surgery, cosmetic surgery, cardiovascular surgery, oncological surgery, neurosurgery, and other surgeries. The general surgery section added up for the biggest share of the market. The huge share of this section can be credited to the increasing elderly population and the subsequent rise in the occurrence of different conditions/diseases, the increasing volume of surgical operations conducted, and the increasing prevalence of obesity.
By end-users, the electrosurgery market is divided into ambulatory surgical centers; hospitals, clinics, & ablation centers; and research laboratories & academic institutes. The hospitals, clinics, & ablation centers section added up for the biggest market share. The huge share of this section can be credited to a huge number of electrosurgery processes conducted in hospitals, the increasing requirement for minimally invasive operations, and the increasing adoption of enhanced imaging modalities to enhance workflow efficiency in hospitals.
Global Electrosurgery Market Top Key Players
The major players included in the global electrosurgery market forecast,
The growth of the electrosurgery devices market is powered by increase in number of surgical operations all over the world, increase in prevalence of chronic diseases, large pool of geriatric population, and technical advancements. On the other hand, stringent government laws for product approval are predicted to hinder market development. Contrariwise, high market potential in untapped emerging nations is predicted to offer lucrative growth avenues for the market.
By region, the electrosurgery market is divided into Europe, North America, Latin America, Asia Pacific, and the Middle East & Africa. North America added up for the biggest share of the electrosurgery market, after Europe. However, the Asia Pacific market is predicted to develop at the max rate during the coming period, majorly owing to the government efforts to increase access to elective surgery, growing popularity of cosmetic surgeries, high patient population, large population base, and developing healthcare infrastructure in the region.
Middle East and Africa
|Historical data||2015 - 2020|
|Forecast Period||2021 - 2028|
|Market Size in 2021:||USD 6.63 Billion|
|Base year considered||2020|
|Forecast Period CAGR %:||
|Market Size Expected in 2028:||USD 9.39 Billion|
|Tables, Charts & Figures:||175|
|Top Key Players:||Boston Scientific Corporation, B. Braun Melsungen AG, BOWA-electronic GmbH & Co. KG, Bovie Medical Corporation, Erbe Elektromedizin GmbH, CONMED Corporation, Medtronic Plc., Johnson & Johnson (Ethicon US, LLC.), Smith & Nephew Plc., Olympus Corporation.|
|Segments Covered||By Product Type, By Surgery Type, By End-User Type|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
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