Electrosurgery Devices Market: Innovative and Technological Advancement by 2032

Posted by Ganesh Shinde on January 17th, 2023

The global market for electrosurgery devices is expected to grow at a strong CAGR of 4.4% between 2022 and 2032. The market is expected to be worth US$ 3.3 billion in 2022 and US$ 5.1 billion by 2032. Previously, the market grew at a slightly faster CAGR of 4.9% (2015 to 2021), resulting in a market size of US$ 3.1 billion in 2021. 

Technologically advanced tools, as well as their use in major applications in medical, cosmetic, and age-related surgeries, are driving electrosurgery device sales and improving the cosmetic, medical, and age-related surgery experience.

• Sales of electrosurgery devices such as generators and other instruments are being driven by new minimally invasive surgery techniques and integrated technology.
• End users have been forced to prioritise treatments due to the novel coronavirus. Coronavirus has hampered the electrosurgery market by disrupting distribution channels and the supply chain, limiting logistics operations.
• Electrosurgery devices make processes easier and less time-consuming, focusing on end-user care and improving cosmetic, cardiovascular, and gynaecology surgeries. This boosts demand for electrosurgical devices.
• Governments around the world are putting cutting-edge technologies in place to improve healthcare systems. This includes chronic disease surgical treatment.
• The impact of Covid-19, combined with high prices and inexperienced operators, is stifling the electrosurgery market. The covid-19 has ruined the supply chain, and high cosmetic surgery prices are limiting the market as end users look for low-cost solutions and other alternatives.

COMPETITIVE LANDSCAPE: 

Some of the electrosurgery devices market competitors listed in the FMI's study on Electrosurgery devices market are B. Braun Melsungen AG, Boston Scientific Corporation, Symmetry Surgical Inc, BOWA-electronic GmbH & Co. KG and CONMED Corporation etc.

Read More@ https://www.futuremarketinsights.com/reports/electrosurgery-devices-market

Want to Know More about the Electrosurgery Devices Market?

The market for electrosurgery devices has been studied for the historical period 2017 to 2021 and the forecast period 2022 to 2032.

Product

• Electrosurgery Generators
• Electrosurgery Instruments & Accessories
• Argon and Smoke Management Systems

Application

• General Surgery
• Gynecology Surgery
• Urologic Surgery
• Orthopedic Surgery
• Cardiovascular Surgery
• Cosmetic Surgery
• Neurosurgery
• Other Applications