Next-Gen Electrosurgical Devices And Equipment : Market Forecast, Transformation, and Long-Term Trajectories
Discover trends, market shifts, and competitive outlooks for the electrosurgical devices and equipment industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
What is the Projected CAGR for the Electrosurgical Devices And Equipment Market Size from 2025 to 2034?
In recent times, the electrosurgical devices and equipment market has experienced significant expansion. The market’s worth is projected to rise from $10.94 billion in 2024 to $12.07 billion in 2025, with a compound annual growth rate (CAGR) of 10.4%. Factors such as the aging population, minimally invasive surgery (mis), increase in surgical procedure volumes, telemedicine, and remote surgery have contributed to the growth during the historic period.
Anticipations point towards a significant expansion in the electrosurgical devices and equipment market in the coming years. The market is predicted to rise to $16.47 billion by 2029, aided by a compound annual growth rate (CAGR) of 8.1%. The projected growth during the forecast period is mainly due to the expansion of emerging markets, the advent of robotics and automation, the rise of personalized medicine, and the shift towards value-based healthcare. Key trends expected to influence the forecast period are energy-efficient devices, the incorporation of imaging technologies, intelligent and connected devices, and improved safety features.
Download a free sample to assess the report’s scope and structure:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2522&type=smp
Which Major Market Drivers Are Expected to Boost the Growth Potential of the Electrosurgical Devices And Equipment Market?
The surge in the range of chronic diseases has greatly propelled the expansion of the electrosurgical devices and equipment market. These devices are utilized in a multitude of surgeries related to life-threatening ailments such as skin cancer, small basal cell carcinomas, squamous cell carcinoma, wound surgery, skin surgery, non-cancerous moles, dentistry, among others. The global incidence of skin diseases has witnessed a marked increase. Electrosurgical devices and equipment play a crucial role in controlling and treating chronic diseases by facilitating accurate surgical procedures, enhancing reduction in complications, and improving the overall patient outcomes. For example, in April 2024, Allergy UK, a charity based in the UK, reported that allergies affected more than 21 million individuals in the UK, making it the most frequently reported chronic health condition in 2022. Future predictions suggest that by 2026, half of the European population will be dealing with at least one allergy. Consequently, the escalating prevalence of chronic diseases is a key driver in the growth of the electrosurgical devices and equipment market.
Which Key Market Segments Comprise the Electrosurgical Devices And Equipment Market and Drive Its Revenue Growth?
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
Request customized data on this market:
https://www.thebusinessresearchcompany.com/customise?id=2522&type=smp
Which Areas Are Leading Regions in the Electrosurgical Devices And Equipment Market Expansion Across the Globe?
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.
What Are the Key Market Trends in the Electrosurgical Devices And Equipment Market Over the Coming Years?
The use of high-frequency electric current on biological tissue, termed as electrosurgery, has been revolutionized by technology. Contemporary Electrosurgical Units (ESUs), which provide therapeutically effective heat effects, are now being developed. These units can constantly keep track of the current and voltage, determine factors like power and tissue resistance, and assess them accordingly. Depending on the intended treatment result, these devices can either maintain the operating parameters steady or alter them purposefully using control and regulation techniques. It is advisable for electrosurgical equipment manufacturers to direct their investments towards ESUs to gain a larger market share.
View the full report here:
How Is the Electrosurgical Devices And Equipment Market Conceptually Defined?
Electrosurgical devices and equipment are used for cutting, sealing, and coagulating tissue during a variety of open and laparoscopic surgical procedures.
Purchase the full report and get a swift delivery:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2522
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Get in touch with us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
