Electrosurgical Devices And Equipment Market Commodities, High Growth Opportunities, Segmentation, Market Trends By 2024-2033|Bovie Medical Corporation, Johnson & Johnson Private Limited, B. Braun Melsungen AG, Medtronic PLC, Smith and Nephew PLC

The Electrosurgical Devices And Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).

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According to The Business Research Company’s Electrosurgical Devices And Equipment Global Market Report 2024, The electrosurgical devices and equipment market size has grown strongly in recent years. It will grow from $9.7 billion in 2023 to $10.44 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%.  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 $13.52 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%.  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.

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. For instance, in January 2023, according to the National Library of Medicine, a US-based medical library operated by the federal government, the number of individuals in the United States aged 50 and older with at least one chronic condition is projected to increase by 99.5%, from 71.522 million in 2020 to 142.66 million by 2050. Therefore, the increasing prevalence rate of chronic diseases drives the growth of the electrosurgical devices and equipment market.

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The electrosurgical devices and equipment market covered in this report is segmented –

1) By Product: Electrosurgery Generators; Electrosurgery Instruments & 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

The electrosurgical devices and equipment market report table of contents includes:

1. Executive Summary
2. Electrosurgical Devices And Equipment Market Characteristics
3. Electrosurgical Devices And Equipment Market Trends And Strategies
4. Electrosurgical Devices And Equipment Market – Macro Economic Scenario
5. Global Electrosurgical Devices And Equipment Market Size and Growth

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30. Electrosurgical Devices And Equipment Market Competitive Landscape And Company Profiles
31. Global Electrosurgical Devices And Equipment Market Competitive Benchmarking
32. Global Electrosurgical Devices And Equipment Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Electrosurgical Devices And Equipment Market
34. Electrosurgical Devices And Equipment Market Future Outlook and Potential Analysis

Top Major Players

• Bovie Medical Corporation
• Johnson & Johnson Private Limited
• Braun Melsungen AG
• Medtronic PLC
• Smith and Nephew PLC

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