The Electrosurgery Devices Market is projected to reach $8.73 billion by 2030, at a CAGR of 8.1% from 2023 to 2030. Electrosurgery is a technique used in surgeries to control bleeding and quickly dissect soft tissues during surgeries. The electromagnetic current generates heat due to the electrical resistance of the soft tissues. The endpoints of electrosurgery vary, depending on the power used, waveform, and surgical technique, resulting in various effects on the target tissue.
Electrosurgery can be done in multidisciplinary surgical procedures, including urology, gynecology, endoscopic and laparoscopic surgeries, cardiothoracic surgery, onco-surgery, neuro & spine surgeries, ENT, ophthalmic, orthopedic, dental, maxillofacial surgery, and other general surgeries.
Growing Shift Towards Outpatient surgeries is Driving the Market Growth
The numerous advantages of electrosurgery have paved the way for its adoption in outpatient surgeries. One of its core advantages is that it allows precision cutting with limited blood loss. Electrosurgical devices reduce the length of hospital stay, drainage volume, and blood loss, thus increasing their use in outpatient surgeries. As per the November 2021 report of Bovie Medical Corporation (U.S.), 80% of all surgical procedures today use electrosurgery in the U.S., and as per the U.S. Centers for Disease Control and Prevention, 41 million procedures per year are conducted with the use of electrosurgical devices.
Advancements in Electrosurgical Procedures, Developments, and Discoveries Are Supporting the Market Growth
Electrosurgery has been preferred in most surgeries for its numerous benefits, including reduced surgical time, enhanced healing, minimal scarring, reduced post-operative complications like infections, pain, and swelling, less bleeding, and no need for sutures required for small skin lesions. Thus, the wide range of advantages offered by electrosurgery has expanded the applications of electrosurgery devices in different surgical procedures. Although electrosurgical devices have been in use for decades, they were restricted due to some complications like an electric shock, thermal injuries to non-targeted tissues, and the production of toxic gasses. These challenges to the preference for electrosurgery have paved the way for technological innovations. For example, using argon in electrosurgery ensures efficient and fast coagulation of heavy bleeding and large surfaces. It also effectively devitalizes tissues such as tumor tissues and is highly recommended for high perforation risk areas. In September 2022, Olympus Corporation (Japan) launched its THUNDERBEAT Open Fine Jaw Type X single-use hybrid bipolar and ultrasonic electrosurgical instrument. The device delivers both ultrasonic and bipolar energy simultaneously used for tissue management, including dissection and hemostatic cutting in open and laparoscopic surgeries.
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Key Findings in the Global Electrosurgery Devices Market Study
Based on product type, in 2023, the electrosurgery instruments & accessories segment is expected to generate a large proportion of revenue
Repeated use of electrosurgery instruments, their advantages, and the technological advancements support the large share market of this segment. Electrosurgery instruments offer numerous advantages like precision cutting, thermofusion, devitalization of tissue, and coagulation. Compared to the smoke evacuation systems and generators, the purchase of electrosurgery instruments is repeated, contributing to this segment's large market share.
Based on surgery type, the general surgery segment is projected to register the highest CAGR over the forecast period
The increasing number of road accidents, rising geriatric population, and growing burden of chronic diseases are driving the use of electrosurgery devices in general surgeries. Additionally, an increase in the number of surgeries for various diseases is expected to boost this segment’s growth. For instance, as per June 2022, American Society for Metabolic and Bariatric Surgery estimates, bariatric surgeries increased from 158,000 in 2011 to 198,651 in 2020.
Based on end user, in 2023, the hospitals & clinics segment is expected to account for the largest share of the market
The availability of advanced infrastructure at hospitals & clinics, the rise in the number of hospitals, the availability of insurance for the surgeries conducted in the hospitals, and higher patient inflow in the hospitals for various surgeries are the factors supporting the large market share of this segment.
Asia-Pacific: Fastest growing regional market
The growth in this market is attributed to the increasing geriatric population in countries such as China and India, emerging markets adopting advanced healthcare options, and rising awareness regarding the benefits of electrosurgery. Further, the increasing cases of accidents and treatment rates are also accelerating the growth of the electrosurgery devices market in Asia-Pacific.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key strategic developments that led market participants to adopt over the past three years.The key players profiled in the global electrosurgery devices market report are Medtronic plc (Ireland), Ethicon, Inc. (a subsidiary of Johnson & Johnson) (U.S.), B. Braun Holding GmbH & Co. KG (Germany), Smith & Nephew plc (U.K.), Zimmer Biomet Holdings, Inc. (U.S.), Olympus Corporation (Japan), Erbe Elektromedizin GmbH (Germany), CONMED Corporation (U.S.), BOWA-electronic GmbH & Co. KG (Germany), and Kirwan Surgical Products, LLC. (U.S.).
Scope of the Report:
Electrosurgery Devices Market, by Product Type
Electrosurgery Devices Market, by Surgery Type
Electrosurgery Devices Market, by End User
Electrosurgery Devices Market, by Geography
Key questions answered in the report:
This study offers a detailed assessment of the electrosurgery devices market, including the market sizes & forecasts for various segmentation like product type, surgery type, and end user. The electrosurgery devices market studied in this report also involves the value analysis of various segments and sub-segments of electrosurgery devices at regional and country levels.
The global electrosurgery device market is projected to reach $8.73 billion by 2030, at a CAGR of 8.1% during the forecast period.
Based on product type, in 2023, the electrosurgical instruments & accessories segment is expected to account for the largest share of the market.
Based on surgery type, the general surgery segment is projected to register the highest CAGR over the forecast period. The increasing geriatric population globally and the rising number of accidents requiring immediate surgeries are the key factors supporting the fast growth of this segment.
The growth of this market is mainly attributed to increasing demand for minimally invasive surgical procedures, growing outpatient surgeries, an increasing number of surgeries globally, and rising government initiatives and funding to adopt advanced medical treatments are expected to offer significant opportunities for market growth.
The key players profiled in the global electrosurgery devices market are Medtronic plc (Ireland), Ethicon, Inc. (a subsidiary of Johnson & Johnson) (U.S.), B. Braun Holding GmbH & Co. KG (Germany), Smith & Nephew plc (U.K.), Zimmer Biomet Holdings, Inc. (U.S.), Olympus Corporation (Japan), Erbe Elektromedizin GmbH (Germany), CONMED Corporation (U.S.), BOWA-electronic GmbH & Co. KG (Germany), and Kirwan Surgical Products, LLC. (U.S.).
Emerging economies like China and India are projected to offer significant growth opportunities to the market players due to improving treatment rates, rising healthcare spending, and developing healthcare infrastructure.
This report provides pre & post COVID-19 market estimates.
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1 Bottom-up Approach
2.3.1.2. Top-down Approach
2.3.1.3. Growth Forecast
2.3.2. Market Share Analysis
2.4. Assumptions for this Study
2.5. Limitations for the Study
3. Executive Summary
4. Market Insights
4.1. Market Overview
4.2. Drivers
4.2.1. Increasing Demand for Minimally Invasive Surgical Procedures
4.2.2. Growing Outpatient Surgeries
4.2.3. Increasing Number of Surgeries Globally
4.2.4. Rising Government Initiatives and Funding to Adopt Advanced Medical Treatments
4.3. Restraints
4.3.1. Risks Related to Electrosurgical Procedures Combined with their High Costs
4.3.2. Low Technology Penetration in Developing Countries and Lack of Reimbursement for Electrosurgical Procedures
4.4. Opportunity
4.4.1. Rising Geriatric Population
4.4.2. Widening Applications of Elecosurgical Procedures In Cosmetic and Gynecological Surgeries
4.4.3. Advances in Electrosurgical Procedures, Developments, and Discoveries
4.5. Impact of COVID-19 on the Electrosurgery Devices Market
5. Global Electrosurgery Devices Market, by Product Type
5.1. Introduction
5.2. Electrosurgery Instruments and Accessories
5.2.1. Electrosurgical Electrodes & Patient Return Electrodes
5.2.2. Suction Coagulators & Irrigation Devices
5.2.3. Electrosurgery Pads & Forceps
5.2.4. Electrosurgery Accessories
5.3. Generators
5.4. Smoke Evacuation Systems
6. Global Electrosurgery Devices Market, by Surgery Type
6.1. Introduction
6.2. Obstetric/Gynecological Surgery
6.3. Cardiovascular Surgery
6.4. Oncological Surgery
6.5. Cosmetic Surgery
6.6. Neurosurgery
6.7. General Surgery
6.8. Urological Surgery
6.9. Orthopedic Surgery
6.10. Other Surgeries
7. Global Electrosurgery Devices Market, by End User
7.1. Introduction
7.2. Hospitals & Clinics
7.3. Ambulatory Surgical Centers
7.4. Research Institutes & Academics
8. Electrosurgery Devices Market, by Geography
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.3. Europe
8.3.1. Germany
8.3.2. U.K.
8.3.3. France
8.3.4. Italy
8.3.5. Spain
8.3.6. Rest of Europe (RoE)
8.4. Asia-Pacific (APAC)
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. Rest of APAC (RoAPAC)
8.5. Latin America
8.5.1. Brazil
8.5.2. Mexico
8.5.3. Rest of Latin America (RoLATM)
8.6. Middle East & Africa
9. Competitive Landscape
9.1 Introduction
9.2 Key Growth Strategies
9.3 Competitive Benchmarking
9.4. Market Share Analysis (2021)
10. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
10.1. Medtronic plc
10.2. Ethicon, Inc. (a subsidiary of Johnson & Johnson)
10.3. B. Braun Melsungen AG
10.4. Smith and Nephew plc
10.5. Zimmer Biomet Holdings, Inc.
10.6. Olympus Corporation
10.7. Erbe Elektromedizin GmbH
10.8. CONMED Corporation
10.9. BOWA-electronic GmbH & Co. KG
10.10. Kirwan Surgical Products LLC.
11. Appendix
11.1. Questionnaire
11.2. Available Customization
List of Tables
Table 1 Global Electrosurgery Devices Market Drivers: Impact Analysis (2023–2030)
Table 2 Global Electrosurgery Devices Market Restraints: Impact Analysis (2023–2030)
Table 3 Global Electrosurgery Devices Market Size, by Product Type, 2021–2030 (USD Million)
Table 4 Global Electrosurgery Instruments and Accessories Market Size, by Type, 2021–2030 (USD Million)
Table 5 Global Electrosurgery Instruments and Accessories Market Size, by Country/Region, 2021–2030 (USD Million)
Table 6 Global Electrosurgical Electrodes and Patient Return Electrodes Market Size, by Country/Region, 2021–2030 (USD Million)
Table 7 Global Suction Coagulators & Irrigation Devices Market Size, by Country/Region, 2021–2030 (USD Million)
Table 8 Global Electrosurgery Pads & Forceps Market Size, by Country/Region, 2021–2030 (USD Million)
Table 9 Global Electrosurgery Accessories Market Size, by Country/Region, 2021–2030 (USD Million)
Table 10 Global Electrosurgery Generators Market Size, by Country/Region, 2021–2030 (USD Million)
Table 11 Global Smoke Evacuation Systems Market Size for Endosurgery, by Country/Region, 2021–2030 (USD Million)
Table 12 Global Electrosurgery Devices Market Size, by Surgery Type, 2021–2030 (USD Million)
Table 13 Global Electrosurgery Devices Market Size for Obstetric/Gynecological Surgery, by Country/Region, 2021–2030 (USD Million)
Table 14 Global Electrosurgery Devices Market Size for Cardiovascular Surgery, by Country/Region, 2021–2030 (USD Million)
Table 15 Global Electrosurgery Devices Size for Oncological Surgery, by Country/Region, 2021–2030 (USD Million)
Table 16 Global Electrosurgery Devices Market Size for Cosmetic Surgery, by Country/Region, 2021–2030 (USD Million)
Table 17 Global Electrosurgery Devices Market Size for NeuroSurgery, by Country/Region, 2021–2030 (USD Million)
Table 18 Global Electrosurgery Devices Market Size for General Surgery, by Country/Region, 2021–2030 (USD Million)
Table 19 Global Electrosurgery Devices Market Size for Urological Surgery, by Country/Region, 2021–2030 (USD Million)
Table 20 Global Electrosurgery Devices Market Size for Orthopedic Surgery, by Country/Region, 2021–2030 (USD Million)
Table 21 Global Electrosurgery Devices Market Size for Other Surgery, by Country/Region, 2021–2030 (USD Million)
Table 22 Global Electrosurgery Devices Market Size for End User, by Country/Region, 2021–2030 (USD Million)
Table 23 Global Electrosurgery Devices Market Size for Hospitals & Clinics, by Country/Region, 2021–2030 (USD Million)
Table 24 Global Electrosurgery Devices Size for Ambulatory Surgical Centers, by Country/Region, 2021–2030 (USD Million)
Table 25 Global Electrosurgery Devices Market Size for Research Institutes & Academics, by Country/Region, 2021–2030 (USD Million)
Table 26 Global Electrosurgery Devices Size, by Country/Region, 2021–2030 (USD Million)
Table 27 North America: Electrosurgery Devices Market Size, by Country, 2021–2030 (USD Million)
Table 28 North America: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 29 North America: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 30 North America: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 31 U.S.: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 32 U.S.: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 33 U.S.: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 34 Canada: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 35 Canada: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 36 Canada: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 37 Europe: Electrosurgery Devices Market Size, by Country/Region, 2021–2030 (USD Million)
Table 38 Europe: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 39 Europe: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 40 Europe: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 41 U.K.: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 42 U.K.: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 43 U.K.: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 44 Germany: Electrosurgery Market Size, by Product Type 2021–2030 (USD Million)
Table 45 Germany: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 46 Germany: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 47 France: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 48 France: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 49 France: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 50 Spain: Electrosurgery Market Size, by Product Type 2021–2030 (USD Million)
Table 51 Spain: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 52 Spain: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 53 Italy: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 54 Italy: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 55 Italy: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 56 Rest of Europe: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 57 Rest of Europe: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 58 Rest of Europe: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 59 Asia-Pacific: Electrosurgery Devices Market Size, by Country/Region, 2021–2030 (USD Million)
Table 60 Asia-Pacific: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 61 Asia-Pacific: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 62 Asia-Pacific: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 63 China: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 64 China: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 65 China: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 66 Japan: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 67 Japan: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 68 Japan: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 69 India: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 70 India: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 71 India: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 72 Rest of Asia-Pacific: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 73 Rest of Asia-Pacific: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 74 Rest of Asia-Pacific: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 75 Latin America: Electrosurgery Devices Market Size, by Country/Region, 2021–2030 (USD Million)
Table 76 Latin America: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 77 Latin America: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 78 Latin America: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 79 Brazil: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 80 Brazil: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 81 Brazil: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 82 Mexico: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 83 Mexico: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 84 Mexico: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 85 Rest of Latin America: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 86 Rest of Latin America: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 87 Rest of Latin America: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 88 Middle East & Africa: Electrosurgery Devices Market Size, by Product Type 2021–2030 (USD Million)
Table 89 Middle East & Africa: Electrosurgery Devices Market Size, by Surgery Type 2021–2030 (USD Million)
Table 90 Middle East & Africa: Electrosurgery Devices Market Size, by End User 2021–2030 (USD Million)
Table 91 Recent Developments, by Company, 2020–2023
List of Figures
Figure 1 Research Process
Figure 2 Key Secondary Sources
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply-side & Demand-side)
Figure 6 Market Size Estimation
Figure 7 Global Electrosurgery Devices Market Size, by Product Type, 2023–2030 (USD Million)
Figure 8 Global Electrosurgery Devices Market Size, by Surgery Type 2023–2030 (USD Million)
Figure 9 Global Electrosurgery Devices Market Size, by End User, 2023–2030 (USD Million)
Figure 10 Global Electrosurgery Devices Market Size, by Geography
Figure 11 Market Dynamics: Electrosurgery Devices Market
Figure 12 Global Electrosurgery Devices Market Size, by Product Type, 2023–2030 (USD Million)
Figure 13 Global Electrosurgery Devices Market Size, by Surgery Type 2023–2030 (USD Million)
Figure 14 Global Electrosurgery Devices Market Size, by End User, 2023–2030 (USD Million)
Figure 15 Global Electrosurgery Devices Market Size, by Region, 2023–2030 (USD Million)
Figure 16 North America: Electrosurgery Devices Market Snapshot
Figure 17 Europe: Electrosurgery Devices Market Snapshot
Figure 18 Asia Pacific: Electrosurgery Devices Market Snapshot
Figure 19 Latin America: Electrosurgery Devices Market Snapshot
Figure 20 Key Growth Strategies Adopted by Leading Players, 2020–2023
Figure 21 Global Electrosurgery Devices Market: Competitive Benchmarking Based on Product Type
Figure 22 Global Electrosurgery Devices Market: Competitive Benchmarking Based on Geography
Figure 23 Stryker Corporation: Financial Overview (2021)
Figure 24 Baxter International Inc. (2021)
Figure 25 GETINGE AB: Financial Overview (2021)
Figure 26 Invacare Corporation: Financial Overview (2021)
Figure 27 Paramount Bed Holdings Co., Ltd.: Financial Overview (2021)
Figure 28 SAVARIA CORPORATION: Financial Overview (2021)
This report provides pre & post COVID-19 market estimates.
This report provides pre & post COVID-19 market estimates.
Published Date: Jun-2023
Published Date: Jun-2023
Published Date: Jun-2023
Published Date: Sep-2021
