Global Electrosurgery Strategic Market Report, 2022 and 2023-2030: Increasing Prevalence of Chronic Disorders, Shift towards Minimally Invasive Surgeries Drives Demand

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Dec 18, 2023, 12:30 ET

DUBLIN, Dec. 18, 2023 /PRNewswire/ -- The "Electrosurgery - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Electrosurgery Market to Reach $6.5 Billion by 2030

The global market for Electrosurgery estimated at US$4.8 Billion in the year 2022, is projected to reach a revised size of US$6.5 Billion by 2030, growing at a CAGR of 3.7% over the analysis period 2022-2030.

Generators, one of the segments analyzed in the report, is projected to record 3.1% CAGR and reach US$1.9 Billion by the end of the analysis period. Growth in the Argon & Smoke Management Systems segment is estimated at 3.7% CAGR for the next 8-year period.

This report delves into the dynamic landscape of the global electrosurgery market, highlighting its significant growth driven by the promise of faster, non-toxic, and cost-effective surgical procedures.

Electrosurgical instruments and accessories take the lead in this market, catering to a wide range of medical procedures. General surgeries emerge as the largest segment in the electrosurgery market, with a focus on enhancing surgical precision and reducing complications. Developed regions currently lead the market, while Asian economies are poised to drive future growth.

The report provides a competitive analysis, presenting the percentage breakdown of value sales by leading players in 2019 and assessing the key competitors' market share in 2023. It categorizes the competitive market presence of players worldwide as Strong, Active, Niche, or Trivial, offering insights into the industry's competitive dynamics.

Additionally, the report explores the impact of the COVID-19 pandemic and the potential implications of a looming global recession on the electrosurgery market.

The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 4.4% CAGR

The Electrosurgery market in the U.S. is estimated at US$1.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$697.5 Million by the year 2030 trailing a CAGR of 4.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 3.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.

What`s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET TRENDS & DRIVERS

Shift towards Minimally Invasive Surgeries Drives Demand for Electrosurgery Devices
Increasing Prevalence of Chronic Disorders Fuels Market Growth
Age-Related Health Implications Necessitate Surgical Interventions, Fuel Demand for Electrosurgical Devices
Expanding Elderly Population Worldwide: Breakdown of Number of People Aged 65+ Years in Million by Geographic Region for the Years 2019 and 2030
Life Expectancy at Birth for Select Countries in Number of Years
Technology Advancements Boost Growth Prospects
Monopolar Electrosurgery Market: Rising Demand for Disposable Low Volume, High Value Products Spurs Growth
Global Monopolar Electrosurgical Instruments Market Share Breakdown by Type for 2019
Bipolar Electrosurgical Devices Market Benefits from the Steady Shift towards Minimally Invasive Surgeries
Electrosurgical Generators Market: An Overview
Innovations in Electrosurgical Generators
Digital Electrosurgical Generators Enhance Effectiveness of Surgeries
Rapid Increase in Electrosurgery Procedures Fuels Demand for Electrosurgery Accessories
Global Surgical Procedure Volume by Procedure Type (2018)
Number of Surgical Procedures (per 100,000 People) in Select Countries
Increasing Acceptance of Aesthetic Procedures Spurs Use of Electrosurgery Devices
Global Cosmetic Surgery Market: Breakdown of Number of Cosmetic Surgical Procedures in Select Countries for 2017
World's Top Eight Countries for Cosmetic Surgical Procedures: 2017
Rising Use of Electrosurgery Technique in Dermatological Surgery Augurs Well for Electrosurgery Device market
Electrosurgical Products for Argon Plasma Coagulation: Benefiting from Enhanced Performance Efficiency
Select Applications of Argon Plasma Coagulation by Treatment Discipline
Advancements in Argon Enhancement Systems
Applications of Electrosurgical Devices in Gynecologic Procedures
Risk of Burns with Electrosurgery Devices: A Major Issue
Surgical Smoke from Electrosurgical Tools (ESTs): Adverse Impact on Quality of Work Environment
ELECTROSURGERY: AN INTRODUCTION
Types of Electrosurgical Electrode Configurations
History of Electrosurgery
Key Electrosurgical Waveforms and Modalities
Electrosurgery Delivery Techniques
Electrosurgical Generator or Electrosurgical Unit (ESU)

FOCUS ON SELECT PLAYERS (Total 94 Featured)

B. Braun Melsungen AG
Becton, Dickinson and Company
Boston Scientific Corporation
ConMed Corporation
AngioDynamics, Inc.
Arthrex, Inc.
Apyx Medical Corporation
Ackermann Instrumente GmbH
Accurate Surgical & Scientific Instruments Corporation
Applied Medical Resources Corporation
ATMOS MedizinTechnik GmbH & Co. KG
Bonart Co., Ltd.
Buffalo Filter LLC
BOWA-electronic GmbH & Co. KG
Black & Black Surgical, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/p29n5o

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