How Is The Electrosurgical Devices And Equipment Market Segmented?
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
What Is Driving The Electrosurgical Devices And Equipment Market? Impact Of Rising Chronic Diseases On The Surge Of Electrosurgical Devices And Equipment Market
The increasing prevalence rate of chronic diseases contributed significantly to the growth of the electrosurgical devices and equipment market. Electrosurgical devices are used in the surgery of many life-threatening diseases such as skin cancer, small basal cell carcinomas, squamous cell carcinoma, wound surgery, skin surgery, non-cancerous moles, dentistry, and others. There has been an increase in the number of skin diseases worldwide. Electrosurgical devices and equipment contribute to managing and treating chronic diseases by enabling precise surgical interventions, which help reduce complications and improve patient outcomes. For instance, in April 2024, according to Allergy UK, a UK-based national charity, more than 21 million people in the UK are affected by allergies, which became the most commonly reported chronic health condition in 2022, and projections indicate that by 2026, half of Europe's population will experience at least one allergy. Therefore, the increasing prevalence rate of chronic diseases drives the growth of the electrosurgical devices and equipment market.
What Is Driving The Electrosurgical Devices And Equipment Market? Surgical Procedure Surge Fuels Growth In Electrosurgical Devices Market
The increasing number of surgical procedures is expected to drive the growth of the electrosurgical devices and equipment market. Surgical procedures involve medical treatments that require making incisions, are often performed in an operating room, and typically involve the use of anesthesia or pain management. Electrosurgical devices and equipment play a vital role in enhancing the precision, efficiency, and outcomes of surgical procedures across different medical specialties, ultimately benefiting both healthcare providers and patients. For instance, in October 2023, according to the Organization for Economic Co-operation and Development, a France-based intergovernmental organization, there was an 8.4% increase in cataract surgical procedures in the Czech Republic, with a total of 142,670 procedures in 2022 compared to 131,612 in 2021. Therefore, the increasing number of surgical procedures drives the growth of the electrosurgical devices and equipment market.
Who Are The Major Players In The Global Electrosurgical Devices And Equipment Market?
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 Are The Key Trends Of The Global Electrosurgical Devices And Equipment Market? Advancements In Technology And Electrosurgical Devices
Electrosurgery is the application of a high-frequency electric current on biological tissue to create. Technological advances have led to the development of modern ESUs that deliver the medically useful thermal effect. This system is capable of continuously monitoring current and voltage, deriving parameters such as power and tissue resistance, and analyzing them. Depending on the desired treatment outcome, these devices can also keep the operating parameters constant or change them in a targeted manner through control and regulation. Electrosurgical equipment manufacturers should consider investing ESUs to increase market share in the market.
What Are The Key Trends Of The Global Electrosurgical Devices And Equipment Market? Electrosurgical Generator Technology For Advanced Surgical Treatments
Major companies operating in the electrosurgical devices and equipment market are focusing on developing innovative technology, such as electrosurgical generators, to strengthen their position in the market. Electrosurgical generators are devices used in medical procedures for cutting, coagulating, and manipulating tissues through the application of high-frequency electrical currents. For instance, in June 2023, Olympus Corporation, a Japan-based manufacturer of products for reprography and optics, launched the ESG-410 Electrosurgical Generator. This system, equipped with PLASMA+ Technology, offers cutting-edge surgical treatment advancements, featuring faster ignition, enhanced plasma stability, and versatile applicability with large, medium, and band loops, along with an oval button, all without direct tissue contact. It is a high-frequency bipolar electrosurgical generator for endoscopic operations that provides reliable and accurate resection and surgical tissue management technology.
Regional Outlook For The Global Electrosurgical Devices And Equipment Market
North America was the largest region in the global electrosurgical devices market in 2024. 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.
The countries covered in the electrosurgical devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
What Defines the Electrosurgical Devices And Equipment Market?
The electrosurgical devices and equipment market consists of sales of surgical generators (radiofrequency, ultrasonic, electrocautery, and argon plasma equipment) and electrosurgical instruments (monopolar, bipolar, and ultrasonic instruments). Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
How is Market Value Defined and Measured?
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
What is the Market Assessment and Strategic Outlook for the Electrosurgical Devices And Equipment Industry?
The electrosurgical devices market research report is one of a series of new reports from The Business Research Company that provides electrosurgical devices market statistics, including electrosurgical devices industry global market size, regional shares, competitors with an electrosurgical devices market share, detailed electrosurgical devices market segments, market trends and opportunities, and any further data you may need to thrive in the electrosurgical devices industry. This electrosurgical devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
