How big is the electrosurgical devices and equipment market today, and what are its future growth expectations?
The electrosurgical devices and equipment market size has grown rapidly in recent years. It will grow from $10.94 billion in 2024 to $12.07 billion in 2025 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to aging population, minimally invasive surgery (mis), surgical procedure volumes, telemedicine and remote surgery.
The electrosurgical devices and equipment market size is expected to see strong growth in the next few years. It will grow to $16.47 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to emerging markets growth, robotics and automation, personalized medicine, value-based healthcare. Major trends in the forecast period include energy-efficient devices, integration of imaging technologies, smart and connected devices, enhanced safety features.
Get Your Free Sample of The Global Electrosurgical Devices And Equipment Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2522&type=smp
What have been the primary factors driving the electrosurgical devices and equipment market’s growth?
The increasing prevalence rate of chronic diseases contributed significantly to the growth of the electrosurgical devices and equipment market. Electrosurgical devices are used in the surgery of many life-threatening diseases such as skin cancer, small basal cell carcinomas, squamous cell carcinoma, wound surgery, skin surgery, non-cancerous moles, dentistry, and others. There has been an increase in the number of skin diseases worldwide. Electrosurgical devices and equipment contribute to managing and treating chronic diseases by enabling precise surgical interventions, which help reduce complications and improve patient outcomes. For instance, in April 2024, according to Allergy UK, a UK-based national charity, more than 21 million people in the UK are affected by allergies, which became the most commonly reported chronic health condition in 2022, and projections indicate that by 2026, half of Europe’s population will experience at least one allergy. Therefore, the increasing prevalence rate of chronic diseases drives the growth of the electrosurgical devices and equipment market.
What are the key segments within the electrosurgical devices and equipment market?
The electrosurgical devices and equipment market covered in this report is segmented –
1) By Product: Electrosurgery Generators, Electrosurgery Instruments And Accessories, Argon And Smoke Management Systems
2) By Application: General Surgery, Gynecology Surgery, Urologic Surgery, Orthopedic Surgery, Cardiovascular Surgery, Cosmetic Surgery, Neurosurgery
3) By End User: Hospitals, Specialized Clinics, Ambulatory Surgery Centers
Subsegments:
1) By Electrosurgery Generators: Monopolar Electrosurgery Generators, Bipolar Electrosurgery Generators, Hybrid Electrosurgery Generators
2) By Electrosurgery Instruments And Accessories: Electrosurgical Pencils, Electrodes, Forceps, Electrosurgical Cords and Cables, Disposables (Electrodes, Pads)
3) By Argon And Smoke Management Systems: Argon Plasma Coagulation (APC) Systems, Smoke Evacuation Systems, Smoke Filtration Systems
Order your report now for swift delivery
Which key players are shaping the electrosurgical devices and equipment market?
Major companies operating in the electrosurgical devices and equipment market include Bovie Medical Corporation, Johnson & Johnson Private Limited, B. Braun Melsungen AG, Medtronic plc, Smith and Nephew plc, Boston Scientific Corporation, Stryker Corporation, ATMOS Inc., Heal Force Bio-meditech Holdings Limited, Erbe Elektromedizin GmbH, Bowa-Electronic Gmbh & Co.KG, Conmed Corporation, Ethicon Inc., Olympus Corporation, Megadyne Medical Products Inc., COVIDien plc, Applied Medical Resources Corporation, KLC Martin Group, Utah Medical Products Inc., Kirwan Surgical Products LLC, Parkell Inc., XcelLance Medical Technologies Pvt. Ltd., Prima Medical Ltd., Abbott Laboratories, Philips, GE Healthcare, Encision Inc., Symmetry Surgical Inc., Meyer-Haake GmbH Medical Innovations, AtriCure Inc.
How will emerging trends drive the electrosurgical devices and equipment market throughout the forecast period?
Electrosurgery is the application of a high-frequency electric current on biological tissue to create. Technological advances have led to the development of modern ESUs that deliver the medically useful thermal effect. This system is capable of continuously monitoring current and voltage, deriving parameters such as power and tissue resistance, and analyzing them. Depending on the desired treatment outcome, these devices can also keep the operating parameters constant or change them in a targeted manner through control and regulation. Electrosurgical equipment manufacturers should consider investing ESUs to increase market share in the market.
How do regional factors impact the electrosurgical devices and equipment market, and which region is the largest contributor?
North America was the largest region in the global electrosurgical devices market in 2023. Western Europe was the second-largest region in the electrosurgical devices market. The regions covered in the electrosurgical devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Electrosurgical Devices And Equipment Market Report 2025 Offer?
The electrosurgical devices and equipment market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Electrosurgical devices and equipment are used for cutting, sealing, and coagulating tissue during a variety of open and laparoscopic surgical procedures.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2522
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
