Electrosurgery is a high-frequency current surgical system used in the operating room, which controls the cutting depth and coagulation speed during the surgical process through a computer or doctor to achieve hemostasis and coagulation effects.
The main equipment of the electrosurgical system includes high-frequency electric knives, unipolar electric knives, bipolar electric knives, argon gas knives, ultrasonic knives, and ion knives. These devices have the advantages of fast, accurate, and good hemostatic effects during surgery and are widely used in various surgical procedures.
Overview of Market Development
In recent years, the global electrosurgical market has shown a steady growth trend. According to our research data, the estimated revenue of the global electrosurgical market in 2024 is $3490 million, an increase of 4.65% compared to 2023. In the future, with the increase of the number of operations, the rise of the incidence rate of chronic diseases, and the continuous progress of material science and automated design, the electrosurgery market is expected to continue to expand. By 2029, the global revenue of the electrosurgical market is expected to increase to $4429 million. The CAGR for 2024-2029 is estimated to be 4.88%.
Segmented Market Analysis
According to different departments, electrosurgery can be further divided into general electrosurgery, gynecological electrosurgery, urological electrosurgery, orthopedic electrosurgery, cardiovascular electrosurgery, plastic surgery, and neuroelectrosurgery. Among them, the general surgery segment holds the highest market share, with an estimated market revenue share of 22.98% in 2024.
Global Electrosurgery Market Analysis
Source: www.globalmarketmonitor.com
Market Analysis of Major Regions/Countries
From a regional perspective, the global electrosurgical market is dominated by three major regions: North America, Europe, and Asia Pacific. Among them, North America is the largest revenue market. The data shows that the estimated revenue of the North American electrosurgical market in 2024 is $1413 million, and the revenue share is expected to reach 40.49%.
From a national perspective, countries such as China and Japan are also important components of the global electrosurgical market, each holding a certain market share.
Global Electrosurgery Market Revenue and Revenue Share by Region/Country Forecast in 2024
Regions/Countries
|
Market Revenue (Million USD)
|
Revenue Share
|
North America
|
1413
|
40.49%
|
Europe
|
925
|
26.50%
|
China
|
464
|
13.30%
|
Japan
|
196
|
5.62%
|
India
|
92
|
2.64%
|
South America
|
114
|
3.27%
|
Middle East & Africa
|
93
|
2.74%
|
Source: www.globalmarketmonitor.com
For more industry information, please refer to our latest released "2023 Global Electrosurgery Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".