The global electrosurgery equipment market encompasses a diverse range of surgical instruments and devices that utilize high-frequency electrical currents for cutting, coagulating, and modifying tissues during surgical procedures. These advanced tools are integral to various medical specialties, including general surgery, dermatology, gynecology, and orthopedics. Electrosurgery offers several benefits, such as reduced blood loss, precision in tissue cutting, and quicker recovery times for patients. As healthcare facilities worldwide strive to enhance surgical outcomes and efficiency, the demand for cutting-edge electrosurgery equipment continues to grow.
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Data Bridge Market Research analyses that the Global Electrosurgery Equipment Market which was USD 6.79 billion in 2022, is expected to reach USD 9.82 billion by 2030, and is expected to undergo a CAGR of 5.07% during the forecast period of 2023-2030. The rising prevalence of chronic conditions such as cancer and cardiovascular diseases, necessitating surgical interventions, propels the electrosurgery equipment market's growth. These advanced tools are essential in addressing the surgical needs associated with the increasing burden of chronic health issues.
Key Findings of the Study
Growing demand for minimally invasive surgery is expected to drive the market's growth rate
Electrosurgery is pivotal in minimally invasive surgeries, favored for quicker patient recovery and fewer complications. This advanced technique, employing high-frequency electrical currents, enables precise tissue modification through small incisions, minimizing trauma. Patients benefit from shorter recovery times, while surgeons appreciate enhanced precision. As the demand for minimally invasive procedures continues to grow, electrosurgery's integral role in promoting faster recuperation and reducing complications underscores its significance in modern surgical practices.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Products (Electrosurgical Instruments, Electrosurgical Generators, Plasma and Smoke Management Systems, Electrosurgical Accessories), Surgery (Gynaecological Surgery, Urology Surgery, Cardiovascular Surgery, General Surgery, Neurosurgery, Orthopaedic Surgery, Cosmetic Surgery, Others), End-User (Hospitals, Specialty Clinics, Ambulatory Surgical Centres, Others), Distribution Channel (Direct, Retail)
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Countries Covered
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U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of the Middle East and Africa
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Market Players Covered
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Medtronic (U.S.), B. Braun Melsungen AG (Germany), Johnson & Johnson Private Limited (U.S.), Smith+Nephew (U.K.), Symmetry Surgical Inc. (U.S.), CONMED Corporation (U.S.), Erbe Elektromedizin GmbH (Germany), Olympus Corporation (Japan), Boston Scientific Corporation (U.S.), Kirwan Surgical Products, LLC. (U.S.), ATMOS MedizinTechnik GmbH & Co. KG (Germany), Parkell, Inc. (U.S.), BOWA-electronic GmbH & Co. KG (Germany), KLS Martin Group (Germany), Applied Medical Resources Corporation (U.S.), Utah Medical Products, Inc. (U.S.), XCELLANCE Medical Technologies (Germany), International group medical technology and electronics GmbH (Germany), Stryker (U.S.), Tecno Instruments (Italy), Electro Surgical Instrument Company (U.S.) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
The global electrosurgery equipment market is segmented on the basis of products, surgery, end-user, and distribution channel.
- On the basis of product, the global electrosurgery equipment market is segmented into electrosurgical instruments, electrosurgical generators, plasma and smoke management systems, and electrosurgical accessories
- On the basis of surgery, the global electrosurgery equipment market is segmented into gynaecological surgery, urology surgery, cardiovascular surgery, general surgery, neurosurgery, orthopaedic surgery, cosmetic surgery, and others
- On the basis of end-user, the global electrosurgery equipment market is segmented into hospitals, specialty clinics, ambulatory surgical centres, and others
- On the basis of distribution channel, the global electrosurgery equipment market is segmented into direct, and retail
Major Players
Data Bridge Market Research recognizes the following companies as the major global electrosurgery equipment market players in global electrosurgery equipment market are Medtronic (U.S.), B. Braun Melsungen AG (Germany), Johnson & Johnson Private Limited (U.S.), Smith+Nephew (U.K.), Symmetry Surgical Inc. (U.S.), CONMED Corporation (U.S.), Erbe Elektromedizin GmbH (Germany), Olympus Corporation (Japan), Boston Scientific Corporation (U.S.)
Market Developments
- In June 2023, Olympus Corporation introduced the ESG-410 Electrosurgical Generator, a cutting-edge device designed for treating bladder cancer and enlarged prostate conditions. This advanced generator, tailored for non-muscle-invasive bladder cancer (NMIBC) and benign prostatic hyperplasia (BPH), offers versatile treatment options. It supports various resection loops, band electrodes, vaporization buttons, and needles, providing clinicians with a comprehensive toolkit for efficient and precise procedures. Olympus aims to enhance treatment outcomes for patients with bladder cancer and enlarged prostate through the innovative features of the ESG-410
- In April 2023, Innoblative Designs, Inc. achieved a significant milestone with the United States Food and Drug Administration (FDA) granting Breakthrough Device Designation for its SIRA RFA Electrosurgical Device (SIRA). This designation underscores the device's innovative approach in treating breast cancer patients undergoing lumpectomy procedures. Innoblative's SIRA is recognized for its potential to address unmet clinical needs and improve outcomes in breast cancer surgery. The FDA's acknowledgment as a breakthrough device reflects the device's promising impact on advancing the standard of care for lumpectomy patients
- In May 2022, Medtronic (Ireland) and DaVita Inc. (U.S.) collaborated to establish a new independent kidney care-focused medical device company, known as "NewCo." This joint venture aims to enhance the patient treatment experience and elevate overall outcomes in the field of kidney care
- In April 2022, Ethicon, Inc. (U.S.), a subsidiary of J&J, introduced an innovative electrosurgical generator designed for diverse open and laparoscopic procedures. The microprocessor-controlled device offers isolated output and high-frequency capabilities, enabling both monopolar cutting and coagulation, as well as bipolar coagulation using accessory electrodes
Regional Analysis
Geographically, the countries covered in the global electrosurgery equipment market report are U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of the Middle East and Africa
As per Data Bridge Market Research analysis:
North America is the dominant region in global electrosurgery equipment market during the forecast period 2023-2030
North America dominates the global electrosurgery equipment market, primarily driven by a high adoption rate of advanced technology and the presence of skilled professionals within the region. The robust healthcare infrastructure and proactive integration of cutting-edge surgical technologies contribute to the region's leadership. As healthcare providers prioritize innovation and efficiency, North America remains at the forefront, consistently leading in the adoption and utilization of electrosurgery equipment.
Asia-Pacific is estimated to be the fastest-growing region in the global electrosurgery equipment market during the forecast period 2023-2030
Asia-Pacific is expected to dominate the global electrosurgery equipment market from 2023 to 2030, experiencing rapid and lucrative growth. This is attributed to increased foreign direct investments, rising disposable incomes, and growing awareness of advanced and minimally invasive surgical techniques among patients. The region's dynamic economic landscape and evolving healthcare preferences position it as a key contributor to the expansion of the electrosurgery equipment market during the forecast period.
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