Electrosurgery Market to Hit USD 10,708 million By 2030

Electrosurgery Market to Hit USD 10,708 million By 2030

Global Electrosurgery market size in 2021 was USD 6,589 million, market value to grow to USD 10,708 million by 2030 at 5.7% CAGR as per Acumen Research and Consulting

Electrosurgery Market Overview

The electrosurgery market is a rapidly growing industry, driven by advances in technology and an increasing demand for minimally invasive surgical procedures. Electrosurgery is a method of performing surgery using electrical energy to cut, coagulate, desiccate, and fulgurate tissue. This method is used in a variety of surgical procedures, including gynecology, urology, and general surgery.

Electrosurgery Market Segmentation

The electrosurgery market is segmented by product type, application, and end-user.

By product type, the market is segmented into monopolar and bipolar electrosurgery. Monopolar electrosurgery is the most widely used type and is further segmented into handheld and needle-tip devices. Bipolar electrosurgery is less commonly used and is segmented into forceps and clamps.

By application, the market is segmented into gynecology, urology, general surgery, and others. Gynecology is the largest application segment, followed by urology and general surgery.

By end-user, the market is segmented into hospitals, ambulatory surgical centers, and others. Hospitals are the largest end-user segment, followed by ambulatory surgical centers.

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Electrosurgery Market Growth

The electrosurgery market is growing due to several factors, including:

  • The increasing prevalence of chronic diseases, such as cancer and obesity, which require surgical intervention
  • Advances in technology, such as the development of new and improved electrosurgical devices
  • The growing preference for minimally invasive surgical procedures
  • The increasing adoption of electrosurgery in developing countries

Market Regional Overview

The electrosurgery market is segmented into four regions: North America, Europe, Asia Pacific, and Rest of the World.

  • North America is the largest market for electrosurgery, driven by the presence of a large patient population and the availability of advanced healthcare infrastructure.
  • Europe is the second-largest market for electrosurgery, driven by the increasing adoption of electrosurgery in the region and the presence of a large patient population.
  • Asia Pacific is a rapidly growing market for electrosurgery, driven by the increasing adoption of electrosurgery in the region and the presence of a large patient population.

Market Players

The key players operating in the electrosurgery market include:

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Minimally invasive surgery Market is estimated to grow to USD 33,800 Million by the year 2026 at CAGR 9.6%

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