Global Electrosurgical Devices and Equipment Market Report 2022: Forecast to 2026 and 2031 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Electrosurgical Devices and Equipment Market Report 2022” report has been added to from ResearchAndMarkets.com offer.

The global electrosurgical devices and equipment market is expected to grow from $7.93 billion in 2021 to $8.65 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The market is expected to reach $11.54 billion in 2026 at a compound annual growth rate (CAGR) of 7.5%.

Major players in the electrosurgical devices market include 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 . Electromedizin GmbH.

The electrosurgical devices market consists of sales of electrosurgical devices and related services. Electrosurgical devices include surgical generators and electrosurgical instruments. Electrosurgical instruments include monopolar, bipolar and ultrasonic instruments. These devices deliver high frequency electrical currents and voltages through an active electrode. They are used to cut, seal and coagulate tissue during various open and laparoscopic surgical procedures.

The main products of electrosurgical devices are electrosurgical generators, electrosurgical instruments and accessories, argon and smoke management systems. Electrosurgery generators facilitate therapeutic endoscopy by providing the high frequency electrical current needed to operate endoscopic accessories. The applications concerned are general surgery, gynecological surgery, urological surgery, orthopedic surgery, cardiovascular surgery, cosmetic surgery and neurosurgery. The different end users are hospitals, specialized clinics and outpatient surgery centers.

North America was the largest region in the electrosurgical devices market in 2021. Western Europe was the second largest region in the electrosurgical devices market. Regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The increasing prevalence rate of chronic diseases has 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 carcinoma, squamous cell carcinoma, wound surgery, skin surgery, non-cancerous moles, dentistry and others . There has been an increase in the number of skin diseases in the world. The growth of the aging population and the increase in the incidence of chronic diseases will contribute to the increase in hospitalizations. The increase in the number of patients is expected to increase the demand for electrosurgical devices and equipment.

The high incidence of product recalls is one of the factors restraining the growth of the electrosurgical devices and equipment market. The medical device industry is experiencing a significant increase in product recalls in recent years due to defective devices, software issues, labeling issues, and quality issues. The electrosurgical devices and equipment market accounts for a minor share of the medical device market and hence product recall in the electrosurgical market is quite common.

Electrosurgery is the application of a high frequency electric current to a biological tissue to be created. Advancements in technology have led to the development of modern ESUs that provide 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 result, these devices can also keep the operating parameters constant or change them in a targeted manner through control and regulation. Manufacturers of electrosurgical equipment should consider investing in ESUs to increase their market share.

Main topics covered:

1. Summary

2. Features of the Electrosurgical Devices and Equipment Market

3. Electrosurgical Devices and Equipment Market Trends and Strategies

4. Impact of COVID-19 on electrosurgical devices and equipment

5. Electrosurgical Devices and Equipment Market Size and Growth

5.1. Global historical market for electrosurgical devices and equipment, 2016-2021, in USD billion

5.1.1. Market Drivers

5.1.2. Market Constraints

5.2. Global Electrosurgical Devices and Equipment Market Forecast, 2021-2026F, 2031F, USD Billion

5.2.1. Market Drivers

5.2.2. Market Constraints

6. Electrosurgical Devices and Equipment Market Segmentation

6.1. Global Electrosurgical Devices and Equipment Market, Segmentation by Product, History and Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion

  • Electrosurgery generators

  • Electrosurgery instruments and accessories

  • Argon and Smoke Management Systems 2

6.2. Global Electrosurgical Devices and Equipment Market, Segmentation by End User, History and Forecast, 2016-2021, 2021-2026F, 2031F, Billion USD

  • Hospitals

  • Specialized clinics

  • Ambulatory surgery centers

6.3. Global Electrosurgical Devices and Equipment Market, Segmentation by Application, History and Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion

  • General surgery

  • Gynecological surgery

  • Urological surgery

  • Orthopedic surgery

  • Cardiovascular surgery

  • Plastic surgery

  • Neurosurgery

7. Regional and Country Analysis of Electrosurgical Devices and Equipment Market

7.1. Global Electrosurgical Devices and Equipment Market, Split by Region, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion

7.2. Global Electrosurgical Devices and Equipment Market, Split by Country, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion

Companies cited

  • Bovie Medical Corporation

  • Johnson & Johnson Private Limited

  • B. Braun Melsungen AG

  • Medtronic plc.

  • Smith and nephew

  • Scientific Boston

  • Stryker Company

  • ATMOS Inc.

  • Heal Force Bio-meditech Holdings Limited

  • Erbe Electromedizin GmbH

  • Bowa-Electronic Gmbh & Co.KG

  • Conmed Company

  • Ethicon

  • Olympus

  • Megadyne Medical Products

  • Covidien plc.

  • Applied Medical Resources Society

  • KLC Martin Group

  • Utah Medical Products Inc.

  • Kirwan Surgical Products

  • Parkel inc.

  • Megadyne Medical Products Inc.

  • XcelLance Medical Technologies Pvt. ltd.

  • Prima Medical

  • Bowa-Electronic GmbH & Co.

For more information on this report, visit https://www.researchandmarkets.com/r/l2dqlr

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About Chris Y. Camp

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