The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest electrosurgical devices and equipment market share.

The global electrosurgical devices and equipment market is expected to grow from $8.7 billion in 2022 to $9.39 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The electrosurgical devices and equipment market size is expected to grow to $11.45 billion in 2027 at a compound annual growth rate (CAGR) of 5.1%.

Major Driver In The Electrosurgical Devices And Equipment Market ­– Increase In The Prevalence Rate Of Chronic Diseases
According to the American Cancer Society, around 608,570 Americans died from cancer in 2021, or to nearly 1600 fatalities each day. The worldwide burden of major chronic diseases currently accounts for 43% of all ailments, according to WHO, and is expected to climb to 60% by 2020. According to a United Nations report on global population ageing, the 60+ population is expected to expand by 56% to 1.4 billion by 2050. Hospitalisation will rise as the population ages and the prevalence of chronic diseases rises. The growing patient population is predicted to raise demand for electrosurgical devices and equipment.

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Key Electrosurgical Devices And Equipment Market Segments
1) By Product: Electrosurgery Generators, Electrosurgery Instruments & Accessories, Argon and Smoke Management Systems
2) By End User: Hospitals, Specialized Clinics, Ambulatory Surgery Centers
3) By Application: General Surgery, Gynecology Surgery, Urologic Surgery, Orthopedic Surgery, Cardiovascular Surgery, Cosmetic Surgery, Neurosurgery

Recent Electrosurgical Devices And Equipment Market Trend – Developing Modern ESUs
The use of a high-frequency electric current on biological tissue to generate is known as electrosurgery. Modern ESUs that provide the therapeutically helpful thermal effect have been developed as a result of technological developments. This system is capable of continually monitoring current and voltage, obtaining and analysing characteristics such as power and tissue resistance. These devices can also keep the operating parameters constant or adjust them in a targeted manner through control and regulation, depending on the desired therapeutic outcome. Electrosurgical equipment producers may consider investing in ESUs in order to improve market share.

Electrosurgical Devices And Equipment Market Prominent Players
Major players in the electrosurgical devices and equipment market are Bovie Medical Corporation, Johnson & Johnson Private Limited, B. Braun Melsungen AG, Medtronic PLC., Smith and Nephew, Boston Scientific, Stryker Corporation, ATMOS Inc., Heal Force Bio-Meditech Holdings Limited, and Erbe Elektromedizin GmbH.

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The Electrosurgical Devices And Equipment Global Market Report 2023  provides a comprehensive overview on the electrosurgical devices and equipment market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the electrosurgical devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

During a number of open and laparoscopic surgical procedures, electrosurgical devices and equipment are utilised to cut, seal, and coagulate tissue.

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