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 Overview
The research on the Electrosurgery market is based on the detailed dynamics the Electrosurgery market. The report covers market revenue forecasts at global, regional and segment, and national levels. External & internal factors affecting the market were deeply analysed. Industry rivalry for predicted periods and individual firm valuations, are all included in Electrosurgery market research.
Electrosurgery Market Report Scope and Research Methodology
The report is a comprehensive analysis of the complementary and Electrosurgery market by region, segment and competitive landscape. The report covers the current trends prevailing in the market & changing consumer preferences towards the industry in the upcoming years helping the companies identify investment pockets and opportunities in the Electrosurgery market. Sales forecasting is the main highlight of the report.
The report is equipped with a competitive analysis of the complementary and Electrosurgery market players. Key players and new entrants in the complementary and Electrosurgery are listed together to provide a thorough analysis. The complementary and Electrosurgery was analysed by region, revenue, financial status, portfolio, current problems associated with technological advancement adopted, and mergers and acquisitions. The new entrants in Complementary and Electrosurgery & the customers were researched for growth prospects and future business outlooks.. Bottom-up approach was used to estimate the complementary and Electrosurgery size.
Electrosurgery Market Regional Insights
The Regional Analysis in the report helps to understand the Electrosurgery market in various countries. The report includes a detailed analysis of the market potential & industry rivalry in all the regions: :
- North America
- Europe,
- Asia Pacific
- Latin America,
- Middle East, and Africa.
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Electrosurgery Market Segmentation:
by Surgery Type
1. General surgery
2. Obstetric/gynecological surgery
3. Urological surgery
4. Orthopedic surgery
5. Cardiovascular surgery
6. Cosmetic surgery
7. Neurosurgery
8. Oncological surgery
The market is divided into subsectors based on surgical type, which include general surgery, obstetric/gynecological surgery, urological surgery, orthopaedic surgery, cardiovascular surgery, cosmetic surgery, neurosurgery, oncological surgery, and other operations. The general surgery segment led the Electrosurgery market in 2022. The use of electrosurgical technology in general surgery is growing as the population ages, surgical facilities expand, and the healthcare sector in emerging countries grows.
by End-user
1. Hospitals
2. Clinics
3. Ambulatory Surgical Centers
4. Others
End-User Hospitals and clinics are the market’s end user segments. Ambulatory surgical centres, research labs, and academic institutions are among the other segments. Due to the high volume of Electrosurgery treatments and the rising usage of minimally invasive procedures, hospitals, clinics, and ablation centres held the largest market share in 2022.
by Product type
1. Electrosurgical generators
2. Active electrodes
3. dispersive electrodes
4. various accessories
Electrosurgical generators, active electrodes, dispersive electrodes, and other accessories are the market segments 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 required as a component in electrosurgical methods. These electrodes come in a range of shapes and sizes and are used depending on the purpose of the surgery and the types of tissues involved. As a result, the active electrode category earned the most market share in 2022 and is expected to retain it during the forecast.
Electrosurgery Market Key Players:
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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Key questions answered in the Electrosurgery Market are:
- What is Electrosurgery ?
- What are the factors driving the Electrosurgery Market growth?
- What are the factors are limiting the Electrosurgery Market growth?
- What was the Electrosurgery market size in 2021?
- Which trends are expected to generate additional revenue for the Electrosurgery market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Electrosurgery Market?
- What growth strategies are the players considering to increase their foothold in the Electrosurgery Market?
- Who held the largest market share in the Electrosurgery Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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