Electrosurgery Device Market Report: Trends, Forecast and Competitive Analysis to 2030

Electrosurgery Device Trends and Forecast

The future of the global electrosurgery device market looks promising with opportunities in the general surgery, gynecology surgery, urologic surgery, orthopedic surgery, cardiovascular surgery, cosmetic surgery, and neurosurgery applications. The global electrosurgery device market is expected to reach an estimated $9 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing prevalence of chronic diseases and rise in demand for minimally invasive procedures.

A more than 150-page report is developed to help in your business decisions.

Electrosurgery Device by Segment

The study includes a forecast for the global electrosurgery device by product, application, and region.

Electrosurgery Device Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Electrosurgical Instruments
• Electrosurgical Generators
• Electrosurgical Accessories
• Smoke Evacuation Systems

Electrosurgery Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• General Surgery
• Gynecology Surgery
• Urologic Surgery
• Orthopedic Surgery
• Cardiovascular Surgery
• Cosmetic Surgery
• Neurosurgery
• Others

Electrosurgery Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electrosurgery Device Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electrosurgery device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electrosurgery device companies profiled in this report include-

• Medtronic
• Ethicon
• Olympus
• B. Braun Melsungen
• CONMED

Electrosurgery Device Market Insights

Lucintel forecasts that electrosurgical instrument will remain the largest segment over the forecast period.

Within this market, general surgery will remain the largest segment over the forecast period.

North America is expected to witness highest growth over the forecast period.

Features of the Global Electrosurgery Device Market

Market Size Estimates: Electrosurgery device market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electrosurgery device market size by product, application, and region in terms of value ($B).

Regional Analysis: Electrosurgery device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the electrosurgery device market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electrosurgery device market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the electrosurgery device market size?

Answer: The global electrosurgery device market is expected to reach an estimated $9 billion by 2030.

Q2. What is the growth forecast for electrosurgery device market?

Answer: The global electrosurgery device market is expected to grow with a CAGR of 5.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the electrosurgery device market?

Answer: The major drivers for this market are growing prevalence of chronic diseases and rise in demand for minimally invasive procedures.

Q4. What are the major segments for electrosurgery device market?

Answer: The future of the electrosurgery device market looks promising with opportunities in the general surgery, gynecology surgery, urologic surgery, orthopedic surgery, cardiovascular surgery, cosmetic surgery, and neurosurgery applications.

Q5. Who are the key electrosurgery device market companies?

Answer: Some of the key electrosurgery device companies are as follows:

• Medtronic
• Ethicon
• Olympus
• B. Braun Melsungen
• CONMED

Q6. Which electrosurgery device market segment will be the largest in future?

Answer: Lucintel forecasts that electrosurgical instrument will remain the largest segment over the forecast period.

Q7. In electrosurgery device market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the electrosurgery device market by product (electrosurgical instruments, electrosurgical generators, electrosurgical accessories, and smoke evacuation systems), application (general surgery, gynecology surgery, urologic surgery, orthopedic surgery, cardiovascular surgery, cosmetic surgery, neurosurgery, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?