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Electrosurgery Market Scope & Overview:

The Electrosurgery Market size was estimated USD 8.6 billion in 2022 and is expected to reach USD 13.09 billion by 2030 at a CAGR of 5.4% during the forecast period of 2023-2030.

The market is growing as a result of the increase in chronic illnesses and lifestyle disorders that can be treated, including by undergoing repeated procedures. The sales of new minimally invasive surgery techniques and integrated technology in the world market Other devices and generators are part of it. Electrosurgery's risks and benefits determine if treatment is worth it. global market trends for the foreseeable future. An examination of the industry on a global scale reveals that age-related cosmetic electrosurgeries utilize novel methods. Electrosurgery equipment sales are mostly driven by surgeries and healthcare facilities. The expansion of the electrosurgery equipment market is also related to the rise in ambulatory surgical facilities.New, cutting-edge technology is being embraced by governments all around the world to improve healthcare systems.

Electrosurgery Market Revenue Analysis

MARKET DYNAMICS

DRIVERS

  • Greater interest in minimally invasive surgery.

The inclination for non-invasive and minimally invasive surgical procedures has significantly increased during the past ten years. Procedures over standard surgical ones. Over open surgical techniques, minimally invasive surgeries have a number of advantages, including shorter hospital stays, fewer post-operative problems, quicker healing, greater effectiveness, and decreased pain. Additionally, these techniques are less expensive than standard surgical procedures. Technologies like lasers and electrosurgery are becoming more and more popular in place of traditional surgical methods for the treatment of a number of illnesses, such as liver cancer, heart valve issues, eye problems, and spine operations. This is mostly due to their procedural advantages over ordinary surgery.

RESTRAIN

  • Risks associated with electrosurgical procedures.

OPPORTUNITY

  • Increasing government support for the development of sophisticated medical therapies.

CHALLENGES

  • Worries about the harmful gases released during operations

By thermally destroying tissue with lasers or electrosurgical tools, surgical smoke is created. Surgical smoke has been demonstrated to contain hazardous gases, vapors, particles, viable and non-viable cellular material, viruses, and germs, in addition to being an annoyance due to its offensive odor and ability to obscure the surgeon's view of the surgical site. It has been proven that surgical smoke from lasers can spread the human papillomavirus (HPV). Each year, surgical smoke is inhaled by more than 500,000 healthcare professionals, including surgeons, nurses, and surgical technologists.

IMPACT OF RUSSIAN UKRAINE WAR


GSMSG first assembled a 10-person combat surgery team, which reached Ukraine nine days after Russia invaded. Their mission was to train any interested and capable Ukrainian citizen in combat casualty care, to provide combat trauma care training and surgical support to the civilian Ukrainian medical system, and to provide combat care training to Ukrainian military personnel and military physicians. GSMSG rotated additional teams of surgeons with experience in trauma, surgical critical care, burn, plastics, orthopaedics, vascular, and neurosurgery. GSMSG rotated additional teams of surgeons with experience in trauma, surgical critical care, burn, plastics, orthopaedics, vascular, and neurosurgery. GSMSG also created a collaboration with the Ukrainian Armed Forces, Ukrainian Special Operations Forces (UKRSOF), and Ukrainian Special Surgical Groups, with the support of the Ukrainian Ministry of Defense and Ministry of Health, to offer damage control surgery as close to the scene as possible. as 0.5 kilometers from active action with Russian forces. Since their arrival in Ukraine, GSMSG team members have trained over 20,000 Ukrainian civilians and military personnel. They have also provided surgical support to over 300 patients, some of whom are within 10 kilometers of the battle lines.

IMPACT OF ONGOING RECESSION

Governments, healthcare institutions, and individuals may face financial constraints as a result of reduced healthcare spending during a recession. This could result in reduced healthcare spending, influencing hospital and healthcare facility purchasing decisions. As healthcare providers prioritize vital services and cost-cutting initiatives, demand for electrosurgical devices, which are generally expensive and considered capital investments, may fall. Postponed or Reduced During a recession, hospitals and medical facilities may postpone or cut their procurement of electrosurgical equipment. As healthcare providers focus on managing immediate financial issues, capital-intensive expenditures such as electrosurgery instruments may be postponed. The Effect on Research and Development During a recession, medical device makers may experience difficulties supporting research and development initiatives. This could stifle innovation and the development of new and improved products.

KEY MARKET SEGMENTS

By Product

  • Electrosurgical Instruments

  • Electrosurgical Generators

  • Electrosurgical Accessories

  • Smoke Evacuation Systems

By Surgery

  • General Surgery

  • Obstetric/Gynecological Surgery

  • Orthopedic Surgery

  • Cardiovascular Surgery

  • Oncological Surgery

  • Cosmetic Surgery

  • Urological Surgery

  • NeuroSurgery

  • Other Surgeries

By End User

  • Hospitals, Clinics, and Ablation Centers

  • Ambulatory Surgical Centers

  • Research Laboratories and Academic Institutes

Electrosurgery Market Segmentation Analysis

REGIONAL COVERAGE

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

REGIONAL ANALYSES

North America had established itself as the market leader for electrosurgery, thanks to the presence of a local industry, technological breakthroughs, and competitive dynamics. With a substantial market share, the United States is expected to continue to have an impact on the sector thanks to its friendly regulations, strong economy, and well-established healthcare sector.

The Asia Pacific region is primed for expansion, driven by brisk economic growth, rising foreign direct investments, and rising public knowledge of state-of-the-art surgical equipment. Significant prospects for business expansion and innovation exist in this region.

Key Players

The major key players are Medtronic, Ethicon US, LLC., Olympus Corporation, CONMED Corporation, Erbe Elektromedizin GmbH, Bovie Medical Corporation, Braun Melsungen AG, BOWA-electronic GmbH & Co. KG, Kirwan Surgical Products, LLC., Parkell, Inc, and others.

Olympus Corporation-Company Financial Analysis

Company Landscape Analysis

RECENT DEVELOPMENT

Ethicon, Inc:  In 2022, Ethicon, Inc. (US) (J&J) introduced an electrosurgical generator for use in different open and laparoscopic procedures. It is a microprocessor-controlled high-frequency generator with an isolated output that can perform bipolar and monopolar coagulation with the addition of a second electrode.

Medtronic: In 2022, order to improve patient treatment experiences and general outcomes, Medtronic (Ireland) and DaVita Inc. (US) collaborated to create a new, independent medical device firm ("NewCo" or "the Company") focusing on kidney care.

Electrosurgery Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 8.6 Bn
Market Size by 2030  US$ 13.09 Bn
CAGR   CAGR of 5.4 % From 2023 to 2030
Base Year 2022
Forecast Period  2023-2030
Historical Data  2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product (Electrosurgical Instruments, Electrosurgical Generators, Electrosurgical Accessories, Smoke Evacuation Systems)
• By Surgery (General Surgery, Obstetric/Gynecological Surgery, Orthopedic Surgery, Cardiovascular Surgery, Oncological Surgery, Cosmetic Surgery, Urological Surgery, NeuroSurgery, Other Surgeries)
• By End User (Hospitals, Clinics, and Ablation Centers, Ambulatory Surgical Centers, Research Laboratories and Academic Institutes)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Medtronic, Ethicon US, LLC., Olympus Corporation, CONMED Corporation, Erbe Elektromedizin GmbH, Bovie Medical Corporation, Braun Melsungen AG, BOWA-electronic GmbH & Co. KG, Kirwan Surgical Products, LLC., Parkell, Inc
Key Drivers • Greater interest in minimally invasive surgery.
Market Restraints • Risks associated with electrosurgical procedures.

 

Frequently Asked Questions

Ans: The Electrosurgery Market is expected to grow at 5.4% CAGR from 2023 to 2030.

Ans: According to our analysis, the Electrosurgery Market is anticipated to reach USD 13.09 billion By 2030.

Ans: The leading participants in the, Medtronic, Ethicon US, LLC., Olympus Corporation, CONMED Corporation, Erbe Elektromedizin GmbH, Bovie Medical Corporation.

Ans: General Surgery is the market's main Application Segment.

Ans: Yes, you may request customization based on your company's needs.

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Electrosurgery Market, By Product
8.1 Electrosurgical Instruments
8.2  Electrosurgical Generators
8.3 Electrosurgical Accessories
8.4 Smoke Evacuation Systems

9. Electrosurgery Market,By Surgery
9.1 General Surgery
9.2 Obstetric/Gynecological Surgery
9.3 Orthopedic Surgery
9.4 Cardiovascular Surgery
9.5 Oncological Surgery
9.6 Cosmetic Surgery
9.7 Urological Surgery
9.8 NeuroSurgery
9.9 Other Surgeries

10. Electrosurgery Market, By End User
10.1 Hospitals, Clinics, and Ablation Centers
10.2 Ambulatory Surgical Centers
10.3 Research Laboratories and Academic Institutes

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Electrosurgery Market by country
11.2.2North America Electrosurgery Market by Product
11.2.3 North America Electrosurgery Market by Surgery
11.2.4 North America Electrosurgery Market by End-user
11.2.5 USA
11.2.5.1 USA Electrosurgery Market by Product
11.2.5.2 USA Electrosurgery Market by Surgery
11.2.5.3 USA Electrosurgery Market by End-user
11.2.6 Canada
11.2.6.1 Canada Electrosurgery Market by Product
11.2.6.2 Canada Electrosurgery Market by Surgery
11.2.6.3 Canada Electrosurgery Market by End-user
11.2.7 Mexico
11.2.7.1 Mexico Electrosurgery Market by Product
11.2.7.2 Mexico Electrosurgery Market by Surgery
11.2.7.3 Mexico Electrosurgery Market by End-user
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Electrosurgery Market by country
11.3.1.2 Eastern Europe Electrosurgery Market by Product
11.3.1.3 Eastern Europe Electrosurgery Market by Surgery
11.3.1.4 Eastern Europe Electrosurgery Market by End-user
11.3.1.5 Poland
11.3.1.5.1 Poland Electrosurgery Market by Product
11.3.1.5.2 Poland Electrosurgery Market by Surgery
11.3.1.5.3 Poland Electrosurgery Market by End-user
11.3.1.6 Romania
11.3.1.6.1 Romania Electrosurgery Market by Product
11.3.1.6.2 Romania Electrosurgery Market by Surgery
11.3.1.6.4 Romania Electrosurgery Market by End-user
11.3.1.7 Turkey
11.3.1.7.1 Turkey Electrosurgery Market by Product
11.3.1.7.2 Turkey Electrosurgery Market by Surgery
11.3.1.7.3 Turkey Electrosurgery Market by End-user
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Electrosurgery Market by Product
11.3.1.8.2 Rest of Eastern Europe Electrosurgery Market by Surgery
11.3.1.8.3 Rest of Eastern Europe Electrosurgery Market by End-user
11.3.2 Western Europe
11.3.2.1 Western Europe Electrosurgery Market by Product
11.3.2.2 Western Europe Electrosurgery Market by Surgery
11.3.2.3 Western Europe Electrosurgery Market by End-user
11.3.2.4 Germany
11.3.2.4.1 Germany Electrosurgery Market by Product
11.3.2.4.2 Germany Electrosurgery Market by Surgery
11.3.2.4.3 Germany Electrosurgery Market by End-user
11.3.2.5 France
11.3.2.5.1 France Electrosurgery Market by Product
11.3.2.5.2 France Electrosurgery Market by Surgery
11.3.2.5.3 France Electrosurgery Market by End-user
11.3.2.6 UK
11.3.2.6.1 UK Electrosurgery Market by Product
11.3.2.6.2 UK Electrosurgery Market by Surgery
11.3.2.6.3 UK Electrosurgery Market by End-user
11.3.2.7 Italy
11.3.2.7.1 Italy Electrosurgery Market by Product
11.3.2.7.2 Italy Electrosurgery Market by Surgery
11.3.2.7.3 Italy Electrosurgery Market by End-user
11.3.2.8 Spain
11.3.2.8.1 Spain Electrosurgery Market by Product
11.3.2.8.2 Spain Electrosurgery Market by Surgery
11.3.2.8.3 Spain Electrosurgery Market by End-user
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Electrosurgery Market by Product
11.3.2.9.2 Netherlands Electrosurgery Market by Surgery
11.3.2.9.3 Netherlands Electrosurgery Market by End-user
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Electrosurgery Market by Product
11.3.2.10.2 Switzerland Electrosurgery Market by Surgery
11.3.2.10.3 Switzerland Electrosurgery Market by End-user
11.3.2.11.1 Austria
11.3.2.11.2 Austria Electrosurgery Market by Product
11.3.2.11.3 Austria Electrosurgery Market by Surgery
11.3.2.11.4 Austria Electrosurgery Market by End-user
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Electrosurgery Market by Product
11.3.2.12.2 Rest of Western Europe Electrosurgery Market by Surgery
11.3.2.12.3 Rest of Western Europe Electrosurgery Market by End-user
11.4 Asia-Pacific
11.4.1 Asia-Pacific Electrosurgery Market by country
11.4.2 Asia-Pacific Electrosurgery Market by Product
11.4.3 Asia-Pacific Electrosurgery Market by Surgery
11.4.4 Asia-Pacific Electrosurgery Market by End-user
11.4.5 China
11.4.5.1 China Electrosurgery Market by Product
11.4.5.2 China Electrosurgery Market by Surgery
11.4.5.3 China Electrosurgery Market End-user
11.4.6 India
11.4.6.1 India Electrosurgery Market by Product
11.4.6.2 India Electrosurgery Market by Surgery
11.4.6.3 India Electrosurgery Market by End-user
11.4.7 Japan
11.4.7.1 Japan Electrosurgery Market by Product
11.4.7.2 Japan Electrosurgery Market by Surgery
11.4.7.3 Japan Electrosurgery Market by End-user
11.4.8 South Korea
11.4.8.1 South Korea Electrosurgery Market by Product
11.4.8.2 South Korea Electrosurgery Market by Surgery
11.4.8.3 South Korea Electrosurgery Market by End-user
11.4.9 Vietnam
11.4.9.1 Vietnam Electrosurgery Market by Product
11.4.9.2 Vietnam Electrosurgery Market by Surgery
11.4.9.3 Vietnam Electrosurgery Market by End-user
11.4.10 Singapore
11.4.10.1 Singapore Electrosurgery Market by Product
11.4.10.2 Singapore Electrosurgery Market by Surgery
11.4.10.3 Singapore Electrosurgery Market by End-user
11.4.11 Australia
11.4.11.1 Australia Electrosurgery Market by Product
11.4.11.2 Australia Electrosurgery Market by Surgery
11.4.11.3 Australia Electrosurgery Market by End-user
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Electrosurgery Market by Product
11.4.12.2 Rest of Asia-Pacific Electrosurgery Market by Surgery
11.4.12.3 Rest of Asia-Pacific Electrosurgery Market by End-user
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Electrosurgery Market by country
11.5.1.2 Middle East Electrosurgery Market by Product
11.5.1.3 Middle East Electrosurgery Market by Surgery
11.5.1.4 Middle East Electrosurgery Market by End-user
11.5.1.5 UAE
11.5.1.5.1 UAE Electrosurgery Market by Product
11.5.1.5.2 UAE Electrosurgery Market by Surgery
11.5.1.5.3 UAE Electrosurgery Market by End-user
11.5.1.6 Egypt
11.5.1.6.1 Egypt Electrosurgery Market by Product
11.5.1.6.2 Egypt Electrosurgery Market by Surgery
11.5.1.6.3 Egypt Electrosurgery Market by End-user
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Electrosurgery Market by Product
11.5.1.7.2 Saudi Arabia Electrosurgery Market by Surgery
11.5.1.7.3 Saudi Arabia Electrosurgery Market by End-user
11.5.1.8 Qatar
11.5.1.8.1 Qatar Electrosurgery Market by Product
11.5.1.8.2 Qatar Electrosurgery Market by Surgery
11.5.1.8.3 Qatar Electrosurgery Market by End-user
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Electrosurgery Market by Product
11.5.1.9.2 Rest of Middle East Electrosurgery Market by Surgery
11.5.1.9.3 Rest of Middle East Electrosurgery Market by End-user
11.5.2 Africa
11.5.2.1 Africa Electrosurgery Market by country
11.5.2.2 Africa Electrosurgery Market by Product
11.5.2.3 Africa Electrosurgery Market by Surgery
11.5.2.4 Africa Electrosurgery Market by End-user
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Electrosurgery Market by Product
11.5.2.5.2 Nigeria Electrosurgery Market by Surgery
11.5.2.5.3 Nigeria Electrosurgery Market by End-user
11.5.2.6 South Africa
11.5.2.6.1 South Africa Electrosurgery Market by Product
11.5.2.6.2 South Africa Electrosurgery Market by Surgery
11.5.2.6.3 South Africa Electrosurgery Market by End-user
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Electrosurgery Market by Product
11.5.2.7.2 Rest of Africa Electrosurgery Market by Surgery
11.5.2.7.3 Rest of Africa Electrosurgery Market by End-user
11.6 Latin America
11.6.1 Latin America Electrosurgery Market by country
11.6.2 Latin America Electrosurgery Market by Product
11.6.3 Latin America Electrosurgery Market by Surgery
11.6.4 Latin America Electrosurgery Market by End-user
11.6.5 Brazil
11.6.5.1 Brazil America Wheelchair by Product
11.6.5.2 Brazil America Wheelchair by Surgery
11.6.5.3 Brazil America Wheelchair by End-user
11.6.6 Argentina
11.6.6.1 Argentina America Wheelchair by Product
11.6.6.2 Argentina America Wheelchair by Surgery
11.6.6.3 Argentina America Wheelchair by End-user
11.6.7 Colombia
11.6.7.1 Colombia America Wheelchair by Product
11.6.7.2 Colombia America Wheelchair by Surgery
11.6.7.3 Colombia America Wheelchair by End-user
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Wheelchair by Product
11.6.8.2 Rest of Latin America Wheelchair by Surgery
11.6.8.3 Rest of Latin America Wheelchair by End-user

12 Company profile
12.1  Medtronic.
12.1.1 Company Overview
12.1.2 Financials
12.1.3 Product/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2  Ethicon US, LLC.
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Olympus Corporation.
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 CONMED Corporation.
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Erbe Elektromedizin GmbH.
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Bovie Medical Corporation.
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Braun Melsungen AG.
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 BOWA-electronic GmbH & Co. KG.
12.8.2 Financials
12.8.3 Product/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Kirwan Surgical Products.
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Parkell, Inc.
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View

13. Competitive Landscape
13.1 Competitive Bench marking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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