Electrosurgical Devices Market, By Product Type (Electrosurgical Instruments, Active Electrodes, Electrosurgical Generators, and Accessories), By Application (General surgery, Gynecology, Cardiology, Neurology, Dermatology, Orthopedic Surgery, and Others)
Electrosurgical Devices Market, By Product Type (Electrosurgical Instruments, Active Electrodes, Electrosurgical Generators, and Accessories), By Application (General surgery, Gynecology, Cardiology, Neurology, Dermatology, Orthopedic Surgery, and Others), By End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centers, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
The global electrosurgical devices market has been witnessing steady growth in the recent past owing to the rising prevalence of chronic diseases and growth in aged population along with the increasing number of surgical procedures performed worldwide. Electrosurgical devices are medical apparatus used for electrosurgery, a technique that involves the application of a high-frequency alternating electric current through an electrode to cut tissues or to coagulate bleeding. Electrosurgical devices help in sealing blood vessel with minimum thermal spread and damage to surrounding tissue during surgery. Factors such as growing medical tourism and technological advancements leading to the development of novel electrosurgical products are expected to drive the global electrosurgical devices market growth over the forecast period. However, availability of alternative surgical methods and risks associated with electrosurgical procedures act as a restraint for the market.
Market Dynamics:
The electrosurgical devices market is primarily driven by the increasing number of surgical procedures performed across the globe. Moreover, the rising prevalence of chronic diseases such as cardiovascular diseases, cancer, and neurological disorders are generating a high demand for surgical treatments which is fueling the growth of the electrosurgical devices market. However, risks associated with electrosurgical procedures such as burns and perforations act as a restraint. Additionally, the availability of alternative surgical staplers, ligation devices, and other new surgical modalities pose a threat to the market. On the other hand, the emergence of new advanced electrosurgical generators with advantages such as reduced risk of thermal injuries present significant growth opportunities in the market. Technological advancements in the field of minimally invasive surgeries to reduce trauma, pain, and disability are also creating potential opportunities.
Key Features of the Study:
This report provides an in-depth analysis of the global electrosurgical devices market, and provides market size (USD Bn) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global electrosurgical devices market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study includes Bovie Medical Corporation, Medtronic Plc, BOWA-Electronic GmbH & Co. KG, KLS Martin, B. Braun Melsungen AG, Conmed, Olympus Corp., Boston Scientific Corporation, Erbe Elektromedizin GmbH, Symmetry Surgical Inc., Encision Inc., Gala Therapeutics Inc., Apyx Medical Corporation, Johnson & Johnson Services Inc., Innoblative Designs, Stryker Corporation, and Smith & Nephew PLC.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global electrosurgical devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global electrosurgical devices market.
Market Segmentation
Product Type:
Electrosurgical Instruments
Active Electrodes
Electrosurgical Generators
Accessories
Application:
General surgery
Gynecology
Cardiology
Neurology
Dermatology
Orthopedic Surgery
Others
End User:
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Others
Region:
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Company Profiles:
Bovie Medical Corporation
Medtronic Plc
BOWA-Electronic GmbH & Co. KG
KLS Martin
Braun Melsungen AG
Conmed
Olympus Corp.
Boston Scientific Corporation
Erbe Elektromedizin GmbH
Symmetry Surgical Inc.
Encision Inc.
Gala Therapeutics Inc.
Apyx Medical Corporation
Johnson & Johnson Services Inc.
Innoblative Designs
Stryker Corporation
Smith & Nephew PLC
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Product Type
Market Snapshot, By Application
Market Snapshot, By End User
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Impact Analysis
Market Trends
Recent Developments
Acquisitions and Partnerships Scenario
Technology Overview
Regulatory Scenario
Pipeline Analysis
PEST Analysis
4. Global Electrosurgical Devices Market- Impact of Coronavirus (COVID-19) Pandemic
Overall Impact
Impact on Supply and Demand
COVID-19 Impact on the Market
5. Global Electrosurgical Devices Market, By Product Type, 2019 – 2031, (USD BN)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 – 2031
Segment Trends
Electrosurgical Instruments
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
Active Electrodes
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
Electrosurgical Generators
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
Accessories
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
6. Global Electrosurgical Devices Market, By Application, 2019 – 2031, (USD BN)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 – 2031
Segment Trends
General surgery
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
Gynecology
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
Cardiology
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
Neurology
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
Dermatology
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
Orthopedic Surgery
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
7. Global Electrosurgical Devices Market, By End User, 2019 – 2031, (USD BN)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 – 2031
Segment Trends
Hospitals
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
Specialty Clinics
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
Ambulatory Surgical Centers
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
8. Global Electrosurgical Devices Market, By Region, 2019 – 2031, (USD BN)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, For Regions, 2019–2031
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD BN)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD BN)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD BN)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD BN)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD BN)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 – 2031, (USD BN)
North Africa
Central Africa
South Africa
9. Competitive Landscape
Bovie Medical Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Medtronic Plc
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
BOWA-Electronic GmbH & Co. KG
KLS Martin
B. Braun Melsungen AG
Conmed
Olympus Corp
Boston Scientific Corporation
Erbe Elektromedizin Gmb
Symmetry Surgical Inc
Encision Inc
Gala Therapeutics, Inc
Apyx Medical Corporation
Johnson & Johnson Services, Inc
Innoblative Designs
Stryker Corporation
Smith & Nephew PLC
10. Analyst View
Wheel of Fortune
Analyst View
Coherent Opportunity Map
11. References and Research Methodology
References
Research Methodology
About us and Sales Contact
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