Electrosurgery Market size was valued at USD 6.15 Bn. in 2022 and the total Electrosurgery Market revenue is expected to grow at 6.1 % from 2023 to 2029, reaching nearly USD 9.31 Bn.
Electrosurgery Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
Electrosurgery Market Overview:
The primary goal of this research is to assist the user in understanding the Electrosurgery Market in terms of definition, segmentation, market potential, significant trends, and the problems that the Electrosurgery industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Electrosurgery Market Segmentation:
The market is divided into many subsectors based on the type of surgery: general surgery, obstetric/gynecological surgery, urological surgery, orthopaedic surgery, cardiovascular surgery, cosmetic surgery, neurosurgery, oncological surgery, and other operations. In 2022, the general surgery subspecialty led the electrosurgery market. Due to population aging, an increase in surgical facilities, and the growth of the healthcare industry in emerging countries, the use of electrosurgical devices in general surgery is increasing.
Hospitals and clinics are the market’s end-user segments based on end-user. Ambulatory surgery centers, research facilities, and academic institutions are additional sectors. The highest market share in 2022 belonged to hospitals, clinics, and ablation centers as a result of the high volume of electrosurgery procedures and the growing usage of less invasive methods.
Electrosurgical generators, active electrodes, dispersive electrodes, and different accessories make up the market categories based on product type. The introduction of technologically advanced electrodes and the growing use of disposable electrodes are driving the growth of the active electrode market. Active electrodes are a requirement for electrosurgical procedures. Depending on the surgical objective and the types of tissues involved, different varieties of these electrodes are used. As a result, the active electrode market share increased the most in 2022 and is anticipated to be stable during the projection.
The market for dispersive electrodes is anticipated to see growing challenges due to the rising use of bipolar equipment. Unlike monopolar operations, bipolar operations don’t require dispersive electrodes.
Electrosurgery Market Size and Forecast, by Surgery Type (2022-2029)
1. General surgery
2. Obstetric/gynecological surgery
3. Urological surgery
4. Orthopedic surgery
5. Cardiovascular surgery
6. Cosmetic surgery
7. Neurosurgery
8. Oncological surgery
Electrosurgery Market Size and Forecast, by End-user (2022-2029)
1. Hospitals
2. Clinics
3. Ambulatory Surgical Centers
4. Others
Electrosurgery Market Size and Forecast, by Product type (2022-2029)
3. Electrosurgical generators
3. Active electrodes
3. dispersive electrodes
4. various accessories
Electrosurgery Market Size and Forecast, by Region (2022-2029)
1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. South America
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Electrosurgery Market Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Electrosurgery market are
1. Medtronic PLC (US)
2. Applied Medical Resources Corporation (US)
3. Utah Medical Products, Inc. (US)
4. Kirwan Surgical Products LLC (US)
5. Johnson & Johnson (US)
6. Conmed Corporation (US)
7. Parkell, Inc. (US)
8. DTR Medical Ltd (UK)
9. Fluke Corporation (US)
10. Plasma Surgical Inc (US)
11. Symmetry Surgical Inc (US)
12. Becton, Dickinson and Company (US)
13. Xodus Medical (US)
14. Stryker Corporation (US)
15. Medtronic-Covidien AG (UK)
16. Smith and Nephew (UK)
17. Prima Medical Limited (UK)
18. Welfare Medical Ltd. (UK)
19. Soring GmbH (Germany)
20. B. Braun Melsungen AG (Germany)
21. Erbe Elektromedizin GmbH (Germany)
22. KLS Martin Group (Germany)
23. Bowa-Electronic GmbH & Co. Kg (Germany)
24. Ackermann Instrumente GmbH (Germany)
25. Atmos Medizin Technik GmbH & Co. KG (Germany)
26. Olympus Corporation (Japan)
27. XcelLance Medical Technologies Pvt. Ltd. (India)
28. RF Medical Co. Ltd (South Korea)
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Regional Analysis:
The report focuses on Global Regions and Market Size of Electrosurgery, and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on Electrosurgery Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Electrosurgery industry in 2021.
Key Questions Answered in the Electrosurgery Market Report are:
- What is the function of Electrosurgery?
- What is the predicted revenue generation of the Electrosurgery market?
- At what growth rate is the Electrosurgery market evolving?
- Who are the major market giants operating in the Electrosurgery market?
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