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Impact Of Rising Chronic Diseases On The Surge Of Electrosurgical Devices And Equipment Market: A Significant Driver Propelling The Electrosurgical Devices And Equipment Market In 2025
Electrosurgical Devices And Equipment
What Is the Electrosurgical Devices And Equipment Market Size and Projected Growth Rate?
The electrosurgical devices and equipment market has experienced quick growth, anticipated to rise from $10.94 billion in 2024 to $12.07 billion in 2025 at a CAGR of 10.4%, historically influenced by the growing elderly population, minimally invasive surgical demand, volume of procedures, and telehealth innovations.
The electrosurgical devices and equipment market is expected to see strong growth, reaching $16.47 billion in 2029 with a CAGR of 8.1%. This growth is attributed to the growth of emerging markets, the adoption of robotics and automation, the rise of personalized medicine, and the shift towards value-based healthcare. Key trends include the development of energy-efficient devices, integration of imaging technologies, the growth of smart and connected devices, and the enhancement of safety features.
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What Are the Major Segments in the Electrosurgical Devices And Equipment Market?
The electrosurgical devices and equipment market covered in this report is segmented -
1) By Product: Electrosurgery Generators, Electrosurgery Instruments And Accessories, Argon And Smoke Management Systems
2) By Application: General Surgery, Gynecology Surgery, Urologic Surgery, Orthopedic Surgery, Cardiovascular Surgery, Cosmetic Surgery, Neurosurgery
3) By End User: Hospitals, Specialized Clinics, Ambulatory Surgery Centers
Subsegments:
1) By Electrosurgery Generators: Monopolar Electrosurgery Generators, Bipolar Electrosurgery Generators, Hybrid Electrosurgery Generators
2) By Electrosurgery Instruments And Accessories: Electrosurgical Pencils, Electrodes, Forceps, Electrosurgical Cords and Cables, Disposables (Electrodes, Pads)
3) By Argon And Smoke Management Systems: Argon Plasma Coagulation (APC) Systems, Smoke Evacuation Systems, Smoke Filtration Systems
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What Are The Driving Electrosurgical Devices And Equipment Market Evolution?
The rising prevalence of chronic diseases has significantly contributed to the growth of the electrosurgical devices and equipment market. Electrosurgical devices are used in surgeries for various life-threatening conditions such as skin cancer, wound surgery, and dentistry. There has been a global rise in skin diseases, and electrosurgical equipment plays a key role in managing chronic diseases by enabling precise interventions. For instance, Allergy UK reported in April 2024 that over 21 million people in the UK suffer from allergies, which are now the most common chronic health condition. By 2026, projections suggest that half of Europe's population will experience allergies. Thus, the increase in chronic diseases is fueling the growth of the electrosurgical devices and equipment market.
Which Firms Dominate The Electrosurgical Devices And Equipment Market Segments?
Major companies operating in the electrosurgical devices and equipment market include Bovie Medical Corporation, Johnson & Johnson Private Limited, B. Braun Melsungen AG, Medtronic plc, Smith and Nephew plc, Boston Scientific Corporation, Stryker Corporation, ATMOS Inc., Heal Force Bio-meditech Holdings Limited, Erbe Elektromedizin GmbH, Bowa-Electronic Gmbh & Co.KG, Conmed Corporation, Ethicon Inc., Olympus Corporation, Megadyne Medical Products Inc., COVIDien plc, Applied Medical Resources Corporation, KLC Martin Group, Utah Medical Products Inc., Kirwan Surgical Products LLC, Parkell Inc., XcelLance Medical Technologies Pvt. Ltd., Prima Medical Ltd., Abbott Laboratories, Philips, GE Healthcare, Encision Inc., Symmetry Surgical Inc., Meyer-Haake GmbH Medical Innovations, AtriCure Inc.
What Trends Are Expected to Dominate the Electrosurgical Devices And Equipment Market in the Next 5 Years?
Technological developments in electrosurgery have led to modern ESUs that apply high-frequency current for medical use. These systems monitor current and voltage in real-time, calculate variables like power and tissue resistance, and adjust parameters accordingly. Manufacturers of electrosurgical equipment are encouraged to invest in these systems to boost their market share.
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Which Is The Largest Region In The Electrosurgical Devices And Equipment Market?
North America was the largest region in the global electrosurgical devices market in 2023. Western Europe was the second-largest region in the electrosurgical devices market. The regions covered in the electrosurgical devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Electrosurgical Devices And Equipment Market?
2. What is the CAGR expected in the Electrosurgical Devices And Equipment Market?
3. What Are the Key Innovations Transforming the Electrosurgical Devices And Equipment Industry?
4. Which Region Is Leading the Electrosurgical Devices And Equipment Market?
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