Electrosurgery Market is expected to grow at 6.1 % from 2023 to 2029, reaching nearly USD 9.31 Bn.


Posted December 23, 2023 by nirankammr

Electrosurgery Market size was valued at USD 6.15 Bn. in 2022 and the total Electrosurgery Market revenue is expected to grow at 6.1 % from 2023 to 2029, reaching nearly USD 9.31 Bn.

 
Electrosurgery Market Overview

MMR published a report on the Electrosurgery Market. The report is a combination of primary and secondary data, and it has been analyzed by domain experts from both a local and global perspective. The report provides a detailed analysis of the market size and share in each region and segment, making it an invaluable resource for investors.

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Electrosurgery Market Report Scope and Research Methodology

The report provides an in-depth analysis of the Electrosurgery market at the global, regional, and country levels. It provides a comprehensive analysis of the competitive landscape of the Electrosurgery industry, including the business strategies adopted by the key players. The report includes a list of the Electrosurgery key competitors, along with information on their revenue, production capacity, sales, and global presence. SWOT analysis was used to identify the strengths and weaknesses of the key players in the Electrosurgery industry. Detailed information on the Electrosurgery market dynamics, including drivers, restraints, opportunities, and challenges, is also provided in the report.

The bottom-up approach was used to estimate the global and regional Electrosurgery market size. Both primary and secondary research methods were used to gather data on market size, market share, regional insights, market dynamics, the performance of key players, and historical data of the industry. The report also includes a detailed value chain analysis, which helps to understand the manufacturing process of Electrosurgery , with information on raw materials, customers, and distributors. It also includes Porter’s and PESTLE analysis, as well as market attractiveness, which helps to understand the Electrosurgery market at the macro and micro levels.

Electrosurgery Market Drives

Electrosurgical methods, minimally invasive surgeries provide a number of advantages, including quicker recovery times, lower post-operative problems, and less pain. Additionally, these techniques are less expensive than standard surgical procedures. For the treatment of a number of illnesses, including liver cancer, heart valve abnormalities, ophthalmic disorders, and spine surgeries, laser and electrosurgical technologies are increasingly being favored over traditional surgical treatments.

Laparoscopic surgeries, also known as minimally invasive surgeries, are becoming more and more popular among patients due to a number of benefits, including lower surgical risks, less pain and blood loss, a lower risk of infection, and a shorter postoperative recovery period (resulting in shorter hospital stays and lower costs). Cosmetic, cardiovascular, and gynecological surgeries, for example, call for precision and must be completed quickly. The ease and speed with which such surgeries can be carried out are made possible by Electrosurgery tools like generators and active electrodes, which increases demand for market.

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Electrosurgery Market Regional Insights

Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of Electrosurgery market in these countries, which covering North America – U.S., Canada, Mexico, Europe – UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific – China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America – Brazil, and Middle East and Africa.

Electrosurgery Market Segmentation

by Surgery Type

1. General surgery
2. Obstetric/gynecological surgery
3. Urological surgery
4. Orthopedic surgery
5. Cardiovascular surgery
6. Cosmetic surgery
7. Neurosurgery
8. Oncological surgery

by End-user

1. Hospitals
2. Clinics
3. Ambulatory Surgical Centers
4. Others

by Product type

1. Electrosurgical generators
2. Active electrodes
3. dispersive electrodes
4. various accessories

Electrosurgery Market Key Players

1. Medtronic PLC (US)
2. Applied Medical Resources Corporation (US)
3. Utah Medical Products, Inc. (US)
4. Kirwan Surgical Products LLC (US)
5. Johnson & Johnson (US)
6. Conmed Corporation (US)
7. Parkell, Inc. (US)
8. DTR Medical Ltd (UK)
9. Fluke Corporation (US)
10. Plasma Surgical Inc (US)
11. Symmetry Surgical Inc (US)
12. Becton, Dickinson and Company (US)
13. Xodus Medical (US)
14. Stryker Corporation (US)
15. Medtronic-Covidien AG (UK)
16. Smith and Nephew (UK)
17. Prima Medical Limited (UK)
18. Welfare Medical Ltd. (UK)
19. Soring GmbH (Germany)
20. B. Braun Melsungen AG (Germany)
21. Erbe Elektromedizin GmbH (Germany)
22. KLS Martin Group (Germany)
23. Bowa-Electronic GmbH & Co. Kg (Germany)
24. Ackermann Instrumente GmbH (Germany)
25. Atmos Medizin Technik GmbH & Co. KG (Germany)
26. Olympus Corporation (Japan)
27. XcelLance Medical Technologies Pvt. Ltd. (India)
28. RF Medical Co. Ltd (South Korea)

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Key Questions answered in the Electrosurgery Market Report are:

What is the expected Electrosurgery market size by 2029?
What will be the CAGR of the Electrosurgery market during the forecast period?
Which segment held the largest share in the Electrosurgery market?
How is the competitive scenario of the Electrosurgery market?
Which are the key factors driving the Electrosurgery market growth?
What are the factors restraining the Electrosurgery market growth?
Which region holds the maximum share in the Electrosurgery market?
Who are the key players in the Electrosurgery market?
Key Offerings:

A detailed Market Overview
Market Share
Market Size
Market Forecast by Revenue
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation- A detailed analysis of each segment and their segments
Competitive Landscape – Leading key players and other prominent key players.
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Last Updated December 23, 2023