The global market value of bipolar electrosurgical devices market was USD 6.2 billion in 2022, with a 6% CAGR predicted over the forecast period. Investment in healthcare infrastructure in emerging countries is generating opportunities in the electrosurgery industry. These gadgets are critical in updating hospital infrastructure, allowing for efficient and minimally invasive procedures.
By investing in these technologies, policymakers and stakeholders may improve access to advanced medical care while also promoting growth in the electrosurgical industry. The development of new energy sources, as well as the increasing number of surgical procedures worldwide, are driving market expansion. As the aging population grows, chronic diseases become more prevalent.
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Growth Drivers
The rising prevalence of chronic diseases among the aging population is driving growth in the bipolar electrosurgical device market. These technologies play an important role in updating hospital infrastructure. The market is growing due to an increase in demand for procedures as the number of road accidents and chronic conditions rise. Electrosurgery is essential in minimally invasive operations, which are chosen due to faster recovery times, shorter hospital stays, and cheaper healthcare expenses.
Globally, governments and healthcare institutions are increasing their investments in healthcare infrastructure. Electrosurgery is widely employed in a variety of medical specialties, including general surgery, dermatology, gynecology, and oncology, and its market share is rapidly growing.
Segmentation
By Products
· Electrosurgical Instruments
· Electrosurgical Generators
· Smoke Evacuation Systems
· Electrosurgical Accessories
By Surgery
· General Surgery
· Gynecological Surgery
· Cardiovascular Surgery
· Orthopedic Surgery
· Oncological Surgery
· Cosmetic Surgery
· Neurological Surgery
· Urological Surgery
· Others
By End-User
· Clinics
· Ablation Centers
· Ambulatory Surgical Centers
· Research Laboratories and Academic Institutes
Regional Outlook
· Asia Pacific
· North America
· Latin America
· Middle East and Africa
· Europe
Key Players
· Conmed Corporation
· The Cooper Companies
· Directa Dental Group
· Applied Medical Resources Corporation
· EPMD Group
· Stryker Corporation
· Erbe Elecktromedizin GmbH
· KLS Martin Group
· Boston Scientific Corporation
· Other Players
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