The Electrosurgery Devices Market is expected to grow at a 4.4% CAGR through 2032, according to Future Market Insights
As per the study at FMI, the Electrosurgery Devices Market is valued at US$ 3.3 Billion in 2022 and is expected to reach US$ 5.1 billion by 2032, growing at a 4.4% CAGR, as per a recent report by Future Market Insights.
Technologically
advanced tools, as well as their use in major applications in medical,
cosmetic, and age-related surgeries, are fueling the sales of electrosurgery
devices, enhancing the cosmetic, medical, and age-related surgery experience.
- New minimally invasive surgery
techniques and integrated technology are driving sales of electrosurgery
devices such as generators and other instruments.
- Because of the novel coronavirus,
end users have been forced to prioritise treatments. Coronavirus has
hampered the electrosurgery market by disrupting the flow of distribution
channels and the supply chain, ultimately limiting logistics operations.
- Electrosurgery devices make
processes easier and less time-consuming, emphasising end-user care and
enhancing cosmetic surgeries, cardiovascular surgery, and gynaecology
surgery. This increases the demand for electrosurgical devices.
- Governments all over the world are
implementing cutting-edge technologies to improve healthcare systems. This
includes the surgical treatment of chronic diseases.
- The impact of Covid-19, combined
with high prices and incompetent operators, is holding back the
electrosurgery market. The covid-19 has ruined the supply chain, while
high cosmetic surgery prices limit the market as end users seek low-cost
solutions and other alternatives.
What is the
Segmentation Outlook for the Electrosurgery Devices Market?
- The electrosurgery instruments
& accessories segment is the largest and will hold the largest portion
of the market by product in the forecast period, thriving at a CAGR of
4.2% through 2032, owing to factors such as high use in the medical and
cosmetic sectors, as well as an exciting price range due to widespread
usage.
- The general surgery segment is the
largest application segment and will hold the largest portion of the
market, growing at a CAGR of 4.1% between 2022-2032, attributing to the
largest and fastest growing market, the United States, growing at a CAGR
of 15.9% between 2022-2032, due to common usage. New technological
involvement in general surgery includes features such as new corporate
setups in mature markets, startups, and digitization of old working
spaces.
- The US market is expected to exceed
US$ 1.7 billion by 2022, growing at a CAGR of 3.9% between 2022 and 2032.
New cosmetic trends, high obesity rates, and high capital investment in
healthcare units are factors contributing to its growth.
- China, the world's second fastest
growing market, will hold US$ 347 Mn by the end of 2032, thanks to a
promising CAGR of 3.7% between 2022 and 2032, with Japan and South Korea
growing alongside.
Leading
Companies Profiled in Macadamia Milk Market are
- Olympus Corporation;
- Ethicon, Inc.;
- Boston Scientific;
- B. Braun Melsungen AG;
- Kirwan Surgical Products, LLC;
- Smith and Nephew; Parkell, Inc.;
- Bovie Medical Corporation; and
- ATMOS, Inc.
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.
Want to Know
More about the Electrosurgery Devices Market?
The electrosurgery
devices market has been studied for the historical period of 2017-2021 and
forecasted period of 2022-2032.
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
Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Recent
Developments
- B. Barun Melsungen AG has improved
its electrosurgery device line, which includes monopolar accessories,
bipolar accessories, and equipment trolley electrosurgery. This updated
and innovative technology propels the market and raises demand for
electrosurgery devices.
- Symmetry Surgical Inc has launched
a new line of electrosurgery solutions, including the uterine elevatOR PRO
and OccludOR Balloon, the Bovie Smoke Shark, and the Bookwalter Retractor,
fueling global sales of electrosurgery devices.
Browse Complete Report@ https://www.futuremarketinsights.com/reports/electrosurgery-devices-market
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