The Electrosurgery Devices Market is projected to reach $8.73 billion by 2030, at a CAGR of 8.1% from 2023 to 2030. Electrosurgery is a technique used in surgeries to control bleeding and quickly dissect soft tissues during surgeries. The electromagnetic current generates heat due to the electrical resistance of the soft tissues. The endpoints of electrosurgery vary, depending on the power used, waveform, and surgical technique, resulting in various effects on the target tissue.
Electrosurgery Market: Future Outlook
The global electrosurgery devices market is segmented by Product Type (Electrosurgical Instruments and Accessories [Electrosurgical Electrodes & Patient Return Electrodes, Suction Coagulators & Irrigation Devices, Electrosurgery Pads & Forceps, Electrosurgery Accessories], Generators, Smoke Evacuation Systems), Surgery Type (Obstetric/Gynecological Surgery, Cardiovascular Surgery, Oncological Surgery, Cosmetic Surgery, Neurosurgery, General Surgery, Urological Surgery, Orthopedic Surgery, Other Surgeries), End User (Hospitals & Clinics, Ambulatory Surgical Centers, Research Institutes & Academics), and Geography. The study also evaluates industry competitors and analyzes their market shares at the regional and country levels.
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Advancements in Electrosurgical Procedures, Developments, and Discoveries Are Supporting the Market Growth
Electrosurgery has been preferred in most surgeries for its numerous benefits, including reduced surgical time, enhanced healing, minimal scarring, reduced post-operative complications like infections, pain, and swelling, less bleeding, and no need for sutures required for small skin lesions.
Thus, the wide range of advantages offered by electrosurgery has expanded the applications of electrosurgery devices in different surgical procedures. Although electrosurgical devices have been in use for decades, they were restricted due to some complications like an electric shock, thermal injuries to non-targeted tissues, and the production of toxic gasses.
In September 2022, Olympus Corporation (Japan) launched its THUNDERBEAT Open Fine Jaw Type X single-use hybrid bipolar and ultrasonic electrosurgical instrument. The device delivers both ultrasonic and bipolar energy simultaneously used for tissue management, including dissection and hemostatic cutting in open and laparoscopic surgeries.
In 2023, North America is expected to account for the largest share of the electrosurgery devices market, followed by Europe and Asia-Pacific. The U.S. is expected to be the largest shareholding market in North America in 2023. The large share of this market is primarily driven by the high prevalence of chronic diseases, an increase in the number of ablation centers, the availability of advanced technology for electrosurgery, and the high preference for minimally invasive procedures, coupled with a shift towards outpatient surgeries.
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The key players operating in the global electrosurgery devices market are Medtronic plc (Ireland), Ethicon, Inc. (a subsidiary of Johnson & Johnson) (U.S.), B. Braun Holding GmbH & Co. KG (Germany), Smith & Nephew plc (U.K.), Zimmer Biomet Holdings, Inc. (U.S.), Olympus Corporation (Japan), Erbe Elektromedizin GmbH (Germany), CONMED Corporation (U.S.), BOWA-electronic GmbH & Co. KG (Germany), and Kirwan Surgical Products, LLC. (U.S.).
Scope of the Report:
Electrosurgery Devices Market, by Product Type
Electrosurgery Instruments and Accessories
Electrosurgical Electrodes & Patient Return Electrodes
Suction Coagulators & Irrigation Devices
Electrosurgery Pads & Forceps
Smoke Evacuation Systems
Electrosurgery Devices Market, by Surgery Type
Note: Other surgeries include ENT, ophthalmic, dental, and maxillofacial surgeries.
Electrosurgery Devices Market, by End User
Hospitals & Clinics
Ambulatory Surgical Centers
Research Institutes & Academics
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