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.).
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 Product
- Electrosurgery Generators
- Electrosurgery Instruments
- Accessories
- Smoke Evacuation Systems
Electrosurgery Market Assessment - by Surgery Type
- General Surgery
- Obstetric/Gynecological Surgery
- Orthopedic Surgery
- Cardiovascular Surgery
- Oncology Surgery
- Neurosurgery
- Cosmetic Surgery
- Urological Surgery
- Other Surgeries
Electrosurgery Market Assessment - by End User
- Hospitals & Clinics
- Ambulatory Surgical Centers
Electrosurgery Market - by Geography
- North America
- Europe
- Asia-Pacific (APAC)
- Latin America
- Middle East & Africa
Table of Contents
1. Market Definition & Scope
2. Research Methodology
4. Market Insights
5. Electrosurgery Market Assessment, by Product
6. Electrosurgery Market Assessment, by Surgery Type
7. Electrosurgery Market Assessment, by End User
8. Electrosurgery Market Assessment, by Geography
9. Competition Analysis
10. Company Profiles
11. Appendix
List of Tables
List of Figures
Executive Summary
The global electrosurgery market is projected to reach $8.99 billion by 2031, at a CAGR of 4.8%. 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.
Key Players
The key players profiled in the electrosurgery market report 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.).The global electrosurgery market is segmented by product (electrosurgery generators, electrosurgery instruments {monopolar instruments and bipolar instruments}, accessories {electrodes, cords, cables and adaptors, and other electrosurgical accessories} and smoke evacuation systems), surgery type (general surgery, obstetrics/gynecological surgery, orthopedic surgery, cardiovascular surgery, oncology surgery, neurosurgery, cosmetic surgery, urological surgery, other surgeries), end user (hospitals & clinics and ambulatory surgical centers), and geography. The study also evaluates industry competitors and analyzes the market at the global and regional levels.
Based on product, in 2024, the electrosurgery generators segment is expected to account for the largest share of the market. Electrosurgery generators or electrosurgical generator units (ESUs) are devices that provide high-frequency electrical currents to enable cutting and coagulation during several laparoscopic and open surgeries. The large market share of this segment can be attributed to the high prices of ESUs, technological advancements, and the wide availability of technologically advanced generators.
Based on surgery type, in 2024, the general surgery segment is expected to account for the largest share of the market. General surgeries encompass a broad range of surgeries pertaining to abdominal organs, breasts, skin, soft tissues, and specific vascular and endocrine systems. The rise in the number of these surgeries due to the increasing geriatric population, preference for minimally invasive techniques, and continued expansion of healthcare facilities contribute to the large market share of this segment.
Based on end user, in 2024, the hospitals & clinics segment is expected to account for the largest share of the market. Hospitals & clinics being the primary healthcare centers for patients, a large number of patients visit hospitals & clinics for disease diagnosis and treatment. The high number of patient visits to hospitals, presence of advanced electrosurgery equipment, growing disease burden requiring surgical interventions, and improving access to medical practices due to growing healthcare spending contribute to the large market share of this segment.
Geographic Review
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, and 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 electrosurgery market, followed by Europe. North America’s major market share can be attributed to the high adoption of technologically advanced products, the presence of key market players, an established healthcare system, the rising preference for minimally invasive surgeries, and the increasing geriatric population.Key questions answered in the report-
- Which are the high-growth market segments in terms of product, surgery type, end user, and regions/countries?
- What was the historical market for electrosurgery across the globe?
- What are the market forecasts and estimates for the period 2024-2031?
- What are the major drivers, restraints, challenges, opportunities, and trends in the global market of electrosurgery market?
- Who are the major players in the global electrosurgery market?
- What is the competitive landscape like, and who are the market leaders in the global electrosurgery market?
- What are the recent developments in the electrosurgery market?
- What are the different strategies adopted by the major players in the electrosurgery market?
- What are the geographical trends and high-growth regions/countries?
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.)
- Smith and Nephew plc (U.K.)
