REPORT 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.
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.
Risks associated with electrosurgical procedures.
Increasing government support for the development of sophisticated medical therapies.
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
Smoke Evacuation Systems
By End User
Hospitals, Clinics, and Ablation Centers
Ambulatory Surgical Centers
Research Laboratories and Academic Institutes
Rest of Eastern Europe
Rest of Western Europe
Rest of Asia Pacific
Middle East & Africa
Rest of Middle East
Rest of Africa
Rest of Latin America
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.
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.
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.
|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|
|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.|
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
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.2 Impact on major economies
18.104.22.168 United Kingdom
22.214.171.124 South Korea
126.96.36.199 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
9.9 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
11.2 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
188.8.131.52 USA Electrosurgery Market by Product
184.108.40.206 USA Electrosurgery Market by Surgery
220.127.116.11 USA Electrosurgery Market by End-user
18.104.22.168 Canada Electrosurgery Market by Product
22.214.171.124 Canada Electrosurgery Market by Surgery
126.96.36.199 Canada Electrosurgery Market by End-user
188.8.131.52 Mexico Electrosurgery Market by Product
184.108.40.206 Mexico Electrosurgery Market by Surgery
220.127.116.11 Mexico Electrosurgery Market by End-user
11.3.1 Eastern Europe
18.104.22.168 Eastern Europe Electrosurgery Market by country
22.214.171.124 Eastern Europe Electrosurgery Market by Product
126.96.36.199 Eastern Europe Electrosurgery Market by Surgery
188.8.131.52 Eastern Europe Electrosurgery Market by End-user
184.108.40.206.1 Poland Electrosurgery Market by Product
220.127.116.11.2 Poland Electrosurgery Market by Surgery
18.104.22.168.3 Poland Electrosurgery Market by End-user
22.214.171.124.1 Romania Electrosurgery Market by Product
126.96.36.199.2 Romania Electrosurgery Market by Surgery
188.8.131.52.4 Romania Electrosurgery Market by End-user
184.108.40.206.1 Turkey Electrosurgery Market by Product
220.127.116.11.2 Turkey Electrosurgery Market by Surgery
18.104.22.168.3 Turkey Electrosurgery Market by End-user
22.214.171.124 Rest of Eastern Europe
126.96.36.199.1 Rest of Eastern Europe Electrosurgery Market by Product
188.8.131.52.2 Rest of Eastern Europe Electrosurgery Market by Surgery
184.108.40.206.3 Rest of Eastern Europe Electrosurgery Market by End-user
11.3.2 Western Europe
220.127.116.11 Western Europe Electrosurgery Market by Product
18.104.22.168 Western Europe Electrosurgery Market by Surgery
22.214.171.124 Western Europe Electrosurgery Market by End-user
126.96.36.199.1 Germany Electrosurgery Market by Product
188.8.131.52.2 Germany Electrosurgery Market by Surgery
184.108.40.206.3 Germany Electrosurgery Market by End-user
220.127.116.11.1 France Electrosurgery Market by Product
18.104.22.168.2 France Electrosurgery Market by Surgery
22.214.171.124.3 France Electrosurgery Market by End-user
126.96.36.199.1 UK Electrosurgery Market by Product
188.8.131.52.2 UK Electrosurgery Market by Surgery
184.108.40.206.3 UK Electrosurgery Market by End-user
220.127.116.11.1 Italy Electrosurgery Market by Product
18.104.22.168.2 Italy Electrosurgery Market by Surgery
22.214.171.124.3 Italy Electrosurgery Market by End-user
126.96.36.199.1 Spain Electrosurgery Market by Product
188.8.131.52.2 Spain Electrosurgery Market by Surgery
184.108.40.206.3 Spain Electrosurgery Market by End-user
220.127.116.11.1 Netherlands Electrosurgery Market by Product
18.104.22.168.2 Netherlands Electrosurgery Market by Surgery
22.214.171.124.3 Netherlands Electrosurgery Market by End-user
126.96.36.199.1 Switzerland Electrosurgery Market by Product
188.8.131.52.2 Switzerland Electrosurgery Market by Surgery
184.108.40.206.3 Switzerland Electrosurgery Market by End-user
220.127.116.11.2 Austria Electrosurgery Market by Product
18.104.22.168.3 Austria Electrosurgery Market by Surgery
22.214.171.124.4 Austria Electrosurgery Market by End-user
126.96.36.199 Rest of Western Europe
188.8.131.52.1 Rest of Western Europe Electrosurgery Market by Product
184.108.40.206.2 Rest of Western Europe Electrosurgery Market by Surgery
220.127.116.11.3 Rest of Western Europe Electrosurgery Market by End-user
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
18.104.22.168 China Electrosurgery Market by Product
22.214.171.124 China Electrosurgery Market by Surgery
126.96.36.199 China Electrosurgery Market End-user
188.8.131.52 India Electrosurgery Market by Product
184.108.40.206 India Electrosurgery Market by Surgery
220.127.116.11 India Electrosurgery Market by End-user
18.104.22.168 Japan Electrosurgery Market by Product
22.214.171.124 Japan Electrosurgery Market by Surgery
126.96.36.199 Japan Electrosurgery Market by End-user
11.4.8 South Korea
188.8.131.52 South Korea Electrosurgery Market by Product
184.108.40.206 South Korea Electrosurgery Market by Surgery
220.127.116.11 South Korea Electrosurgery Market by End-user
18.104.22.168 Vietnam Electrosurgery Market by Product
22.214.171.124 Vietnam Electrosurgery Market by Surgery
126.96.36.199 Vietnam Electrosurgery Market by End-user
188.8.131.52 Singapore Electrosurgery Market by Product
184.108.40.206 Singapore Electrosurgery Market by Surgery
220.127.116.11 Singapore Electrosurgery Market by End-user
18.104.22.168 Australia Electrosurgery Market by Product
22.214.171.124 Australia Electrosurgery Market by Surgery
126.96.36.199 Australia Electrosurgery Market by End-user
11.4.12 Rest of Asia-Pacific
188.8.131.52 Rest of Asia-Pacific Electrosurgery Market by Product
184.108.40.206 Rest of Asia-Pacific Electrosurgery Market by Surgery
220.127.116.11 Rest of Asia-Pacific Electrosurgery Market by End-user
11.5 Middle East & Africa
11.5.1 Middle East
18.104.22.168 Middle East Electrosurgery Market by country
22.214.171.124 Middle East Electrosurgery Market by Product
126.96.36.199 Middle East Electrosurgery Market by Surgery
188.8.131.52 Middle East Electrosurgery Market by End-user
184.108.40.206.1 UAE Electrosurgery Market by Product
220.127.116.11.2 UAE Electrosurgery Market by Surgery
18.104.22.168.3 UAE Electrosurgery Market by End-user
22.214.171.124.1 Egypt Electrosurgery Market by Product
126.96.36.199.2 Egypt Electrosurgery Market by Surgery
188.8.131.52.3 Egypt Electrosurgery Market by End-user
184.108.40.206 Saudi Arabia
220.127.116.11.1 Saudi Arabia Electrosurgery Market by Product
18.104.22.168.2 Saudi Arabia Electrosurgery Market by Surgery
22.214.171.124.3 Saudi Arabia Electrosurgery Market by End-user
126.96.36.199.1 Qatar Electrosurgery Market by Product
188.8.131.52.2 Qatar Electrosurgery Market by Surgery
184.108.40.206.3 Qatar Electrosurgery Market by End-user
220.127.116.11 Rest of Middle East
18.104.22.168.1 Rest of Middle East Electrosurgery Market by Product
22.214.171.124.2 Rest of Middle East Electrosurgery Market by Surgery
126.96.36.199.3 Rest of Middle East Electrosurgery Market by End-user
188.8.131.52 Africa Electrosurgery Market by country
184.108.40.206 Africa Electrosurgery Market by Product
220.127.116.11 Africa Electrosurgery Market by Surgery
18.104.22.168 Africa Electrosurgery Market by End-user
22.214.171.124.1 Nigeria Electrosurgery Market by Product
126.96.36.199.2 Nigeria Electrosurgery Market by Surgery
188.8.131.52.3 Nigeria Electrosurgery Market by End-user
184.108.40.206 South Africa
220.127.116.11.1 South Africa Electrosurgery Market by Product
18.104.22.168.2 South Africa Electrosurgery Market by Surgery
22.214.171.124.3 South Africa Electrosurgery Market by End-user
126.96.36.199 Rest of Africa
188.8.131.52.1 Rest of Africa Electrosurgery Market by Product
184.108.40.206.2 Rest of Africa Electrosurgery Market by Surgery
220.127.116.11.3 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
18.104.22.168 Brazil America Wheelchair by Product
22.214.171.124 Brazil America Wheelchair by Surgery
126.96.36.199 Brazil America Wheelchair by End-user
188.8.131.52 Argentina America Wheelchair by Product
184.108.40.206 Argentina America Wheelchair by Surgery
220.127.116.11 Argentina America Wheelchair by End-user
18.104.22.168 Colombia America Wheelchair by Product
22.214.171.124 Colombia America Wheelchair by Surgery
126.96.36.199 Colombia America Wheelchair by End-user
11.6.8 Rest of Latin America
188.8.131.52 Rest of Latin America Wheelchair by Product
184.108.40.206 Rest of Latin America Wheelchair by Surgery
220.127.116.11 Rest of Latin America Wheelchair by End-user
12 Company profile
12.1.1 Company Overview
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Ethicon US, LLC.
12.2.1 Company Overview
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Olympus Corporation.
12.3.1 Company Overview
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 CONMED Corporation.
12.4.1 Company Overview
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Erbe Elektromedizin GmbH.
12.5.1 Company Overview
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Bovie Medical Corporation.
12.6.1 Company Overview
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Braun Melsungen AG.
12.7.1 Company Overview
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 BOWA-electronic GmbH & Co. KG.
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Kirwan Surgical Products.
12.9.1 Company Overview
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Parkell, Inc.
12.10.1 Company Overview
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
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