Electrosurgery Market by Product (Monopolar, Bipolar Instrument, Generator, Smoke Evacuation System, Electrode) Surgery (Obstetrics, Cardiovascular, General, Orthopedic, Oncology, Neurosurgery, Cosmetic) End User (Hospital, ASC) – Global Forecast to 2031
Electrosurgery Market by Product (Monopolar, Bipolar Instrument, Generator, Smoke Evacuation System, Electrode) Surgery (Obstetrics, Cardiovascular, General, Orthopedic, Oncology, Neurosurgery, Cosmetic) End User (Hospital, ASC) – Global Forecast to 2031
The global electrosurgery market is projected to reach $8.99 billion by 2031, at a CAGR of 4.8% from 2024 to 2031.
Following a comprehensive primary and secondary study and an in-depth analysis of the market scenario, this report provides the key drivers, restraints, challenges, and opportunities of the industry.
The growth of this market is driven by various factors, including the increasing number of surgical procedures, the growing preference for minimally invasive techniques, the increasing adoption of computer-assisted surgeries, the emergence of medical tourism, particularly in developing nations, the rising incidence of skin, throat, lip, and cervix cancer, and the prevalence of chronic diseases, which is on the rise due to the expanding geriatric population. Additionally, factors such as rising healthcare expenditure and market expansion in emerging economies are expected to create market growth opportunities.
However, the risks associated with electrosurgical procedures and the shortage of surgeons restrain the growth of this market. Additionally, the increasing concerns regarding the release of toxic fumes during electrosurgical procedures pose a significant challenge to the market’s growth.
Among the products covered in this report, in 2024, the electrosurgery generators segment is expected to account for the largest share of the electrosurgery market. Electrosurgery generators provide the necessary electrical energy for cutting or coagulating tissues during surgical procedures. Advances in these generators have resulted in enhanced precision, versatility, and efficiency of surgical procedures, consequently reducing trauma and smoke generation. The large market share of this segment is attributed to the high prices of electrosurgery generators compared to other components.
Among the surgery types covered in this report, in 2024, the general surgery segment is expected to account for the largest share of the electrosurgery market. The large market share of this segment can be attributed to several factors, including the rising geriatric population, the preference for minimally invasive procedures, and the advantages of electrosurgery in general procedures. These advantages include faster recovery, shorter healing times, enhanced accuracy in diagnosis and treatment, reduced risk of infections, and decreased postoperative pain compared to traditional surgical techniques.
Among the end users covered in this report, in 2024, the hospitals & clinics segment is expected to account for the largest share of the electrosurgery market. The large market share of this segment can be attributed to various factors, including the high volume of patient visits, the increasing number of hospitals, the availability of advanced electrosurgery equipment at these facilities, the growing burden of diseases requiring surgical interventions, and the enhanced accessibility to medical practices due to rising healthcare spending. The combination of advanced technology, specialized experience, and comprehensive care make hospitals the preferred choice for medical treatments.
An in-depth analysis of the geographical scenario of the global electrosurgery market provides detailed qualitative and quantitative insights for the five major geographies: North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa.
In 2024, North America is expected to account for the largest share of the global electrosurgery market, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. However, Asia-Pacific is projected to register the highest growth rate in the global electrosurgery market during the forecast period. The growth of this regional market is driven by several factors, including increasing healthcare expenditure, a rising geriatric population, a rapid surge in the prevalence of chronic diseases, growth in per capita income, government initiatives aimed at enhancing healthcare infrastructure, and the proliferation of private hospitals.
The key players operating in the global electrosurgery market are Medtronic plc (Ireland), Stryker Corporation (U.S.), Johnson & Johnson (U.S.), CONMED Corporation (U.S.), Olympus Corporation (Japan), STERIS plc (Ireland), Boston Scientific Corporation (U.S.), B. Braun SE (Germany), BOWA-electronic GmbH & Co. KG (Germany), Erbe Elektromedizin GmbH (Germany), Kirwan Surgical Products, LLC (U.S.), Symmetry Surgical Inc. (U.S.), Surgical Holdings (U.K.), KLS Martin Group (U.S.), I.C. Medical Inc. (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), and Smith and Nephew plc (U.K.).
Scope of the Report:
Electrosurgery Market Assessment—by ProductElectrosurgery Generators
Electrosurgery Instruments
Monopolar Instruments
Bipolar Instruments
Accessories
Electrodes
Cords, Cables, and Adaptors
Other Electrosurgical Accessories
Note: Other electrosurgical accessories include footswitches, patient return electrodes, mounting carts, cleaners, and holsters.
Smoke Evacuation Systems
Electrosurgery Market Assessment—by Surgery TypeGeneral Surgery
Obstetric/Gynecological Surgery
Orthopedic Surgery
Cardiovascular Surgery
Oncology Surgery
Neurosurgery
Cosmetic Surgery
Urological Surgery
Other Surgeries
Note: Other surgeries include head and neck surgery, dental surgery, ear, nose, and throat (ENT) surgeries, podiatric surgeries, and ophthalmological surgeries.
Electrosurgery Market Assessment—by End UserHospitals & Clinics
Ambulatory Surgical Centers
Electrosurgery Market—by GeographyNorth America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Rest of Europe (RoE)
Asia-Pacific (APAC)
China
Japan
India
Rest of APAC (RoAPAC)
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Electrosurgery Market - Report SummaryReport Metrics | Details |
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Years Considered | 2022 - 2031 |
Base Year | 2023 |
Forecast Period | 2024-2031 |
Page Count | 226 |
Units Referenced | Value (USD Million) |
Segments/Key Topics | Market by Product, Surgery Type, End User, and Geography |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa |
Key Companies Mentioned | Medtronic plc (Ireland), Stryker Corporation (U.S.), Johnson & Johnson (U.S.), CONMED Corporation (U.S.), Olympus Corporation (Japan), STERIS plc (Ireland), Boston Scientific Corporation (U.S.), B. Braun SE (Germany), BOWA-electronic GmbH & Co. KG (Germany), Erbe Elektromedizin GmbH (Germany), Kirwan Surgical Products, LLC (U.S.), Symmetry Surgical Inc. (U.S.), Surgical Holdings (U.K.), KLS Martin Group (U.S.), I.C. Medical Inc. (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), and Smith and Nephew plc (U.K.) |
FAQs About the Report
What is the scope of the electrosurgery market study?This market study covers the market sizes & forecasts of the electrosurgery market based on product, surgery type, end user, and geography. This market study also provides the value analysis of various segments and subsegments of the electrosurgery market at the regional and country levels.
What is the revenue generated from the sales of electrosurgery products across the globe? At what rate is their demand expected to grow for the next 5–7 years?The electrosurgery market is projected to reach $8.99 billion by 2031, at a CAGR of 4.8% during the forecast period of 2024–2031.
What are the various products used in electrosurgery, and which product segment holds the major share market?Based on product, the electrosurgery market is segmented into electrosurgery generators, electrosurgery instruments, accessories, and smoke evacuation systems. In 2024, the electrosurgery generators segment is expected to account for the largest share of the electrosurgery market. The large market share of this segment can be attributed to the high prices of electrosurgery generators compared to other components, technological advancements in electrosurgery generators, and the wide availability of advanced electrosurgery generators.
What are the various surgery types involved in electrosurgery, and which surgery type segment holds the major share of the market?Based on surgery type, the electrosurgery market is segmented into general surgery, obstetrics/gynecological surgery, orthopedic surgery, cardiovascular surgery, oncology surgery, neurosurgery, cosmetic surgery, urological surgery, and other surgeries. In 2024, the general surgery segment is expected to account for the largest share of the electrosurgery market. The large market share of this segment can be attributed to the increasing number of people undergoing general surgeries, driven by the increasing geriatric population, the preference for minimally invasive procedures, and the ongoing advances in surgical devices.
What are the various end users in the electrosurgery market, and which end user segment holds the major share of the market?Based on end user, the electrosurgery market is segmented into hospitals & clinics and ambulatory surgical centers. In 2024, the hospitals & clinics segment is expected to account for the largest share of the electrosurgery market. The large market share of this segment can be attributed to the high volume of patient visits, the increasing number of hospitals, the availability of advanced electrosurgery equipment at these facilities, the growing burden of diseases requiring surgical interventions, and the enhanced accessibility to medical practices due to rising healthcare spending.
What are the key factors supporting the growth of this market? What are the major opportunities for the market players in the electrosurgery market?The growth of this market is driven by various factors, including the increasing number of surgical procedures, the growing preference for minimally invasive techniques, the increasing adoption of computer-assisted surgeries, the emergence of medical tourism, particularly in developing nations, the rising incidence of skin, throat, lip, and cervix cancer, and the prevalence of chronic diseases, which is on the rise due to the expanding geriatric population.
Furthermore, factors such as rising healthcare expenditure and market expansion in emerging economies are expected to create market growth opportunities.
What are the factors hindering the growth of the electrosurgery market?The risks associated with electrosurgical procedures and the shortage of surgeons restrain the growth of this market. Additionally, the increasing concerns regarding the release of toxic fumes during electrosurgical procedures pose a significant challenge to the market’s growth.
Who are the major players operating in the electrosurgery market?The key players operating in the electrosurgery market are Medtronic plc (Ireland), Stryker Corporation (U.S.), Johnson & Johnson (U.S.), CONMED Corporation (U.S.), Olympus Corporation (Japan), STERIS plc (Ireland), Boston Scientific Corporation (U.S.), B. Braun SE (Germany), BOWA-electronic GmbH & Co. KG (Germany), Erbe Elektromedizin GmbH (Germany), Kirwan Surgical Products, LLC (U.S.), Symmetry Surgical Inc. (U.S.), Surgical Holdings (U.K.), KLS Martin Group (U.S.), I.C. Medical Inc. (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), and Smith and Nephew plc (U.K.).
Which regions/countries are expected to offer significant growth opportunities for the vendors operating in the electrosurgery market?The Asia-Pacific region is projected to register the highest growth rate during the forecast period and subsequently offer significant growth opportunities for the players operating in this market. The growth of this regional market is driven by several factors, including increasing healthcare expenditure, a rising geriatric population, a rapid surge in the prevalence of chronic diseases, growth in per capita income, government initiatives aimed at enhancing healthcare infrastructure, and the proliferation of private hospitals.