Electrosurgery Generators Market

Electrosurgery Generators Market Snapshot

The global electrosurgery generator market is expected to enjoy a valuation of USD 1.6 Billion in 2023, and further expand at a CAGR of 7.7% to reach a valuation of ~USD 3.4 Billion by the end of the year 2033. According to a recent study by Future Market Insights, accessories is leading the market with a share of about 35.4% in the year 2022, within the global electrosurgery generators market.

Market Outlook:

Data Points	Market Insights
Market Value 2022	USD 1.5 Billion
Market Value 2023	USD 1.6 Billion
Market Value 2033	USD 3.4 Billion
CAGR 2023 to 2033	7.7%
Market Share of Top 5 Countries	49.5%
Key Market Players	Medtronic Plc.; Ackermann Instrumente; B. Braun Melsungen AG; JINSHAN Science & Technology (Group) Co., Ltd.; Symmetry Surgical Inc. (Aspen Surgical ); Miconvey SURGICAL; Telea Electronic Engineering S.r.l.; Olympus Corporation; Ethicon US, LLC.; MEDGYN PRODUCTS, INC.; Integra LifeSciences; CONMED Corporation; EMED.; Erbe Elektromedizin GmbH; Beijing Kestrel Co., Ltd.; Matrix Medicals Pvt. Ltd.; Shanghai Huifeng Medical Instrument Co., Ltd; Zimmer Biomet; Micromed Medizintechnik; Heal Force, Promed Technology Co.; KENTAMED Ltd.; TAKTVOLL Co.,Ltd; Senko Medical Instrument Mfg. Co., Ltd.

In electrosurgery, tissues are split and coagulated using radiofrequency currents that have been altered from regular electricity by an electrosurgical generator. The high frequency generator's control panel controls the output current. However, during scrotoscopic surgery, the footswitch controls the cutting or coagulation. In scrotoscopic surgery, monopolar and bipolar electrosurgery are also employed.

The modern day electrosurgical generators come with a lot of innovative developments to cater to the altering changes and advancements in the modern world. There have been reported changes of full digital implementation keeping in mind the modern day safety and regulation to suit the outpatient unit or operating room.

• For instance, the proprietary Valleylab REMTM contact quality monitoring system, which significantly lowers the danger of burns under the patient return electrode, is one of the safety and performance features offered by Medtronic electrosurgical generators. The ground breaking Valleylab REMTM technology, used in more than 100 million surgeries globally, has shown to be effective.

Sales Analysis of Electrosurgery Generators Market from 2017 to 2022 Vs Market Outlook for 2023 to 2033

The market value for electrosurgery generators market was around 9.2% of the overall ~USD 16.3 Billion of the global surgical devices market in 2022.

The sales of the electrosurgery generators market expanded at a 6.1% over the historic period of 2017 to 2022

The market for electrosurgical generators have been growing on a global scale significantly with higher adoption of these equipment for ease of surgical procedures. The market will expand during the forecast period due to the rising adoption a demand for minimally invasive procedures, technological advancements, rising geriatric population.

Over the past 10 years, there has been a noticeable rise in the demand for minimally invasive and non-invasive surgical techniques over conventional surgical treatments. Minimally invasive procedures provide a variety of benefits over open surgical procedures, including shorter hospital stays, quicker recovery times, less post-operative complications, and better effectiveness.

Additionally, these treatments are less expensive than the conventional approaches to a variety of conditions. Furthermore, with new innovative models in the market, there is ample proof of the technological advancements that the manufacturers are working on and investing. Recent significant advancements in energy-based surgical technology have increased patient safety and shortened operating room hours.

Bipolar and monopolar electrosurgery is still very important because it has improved cutting and coagulation by decreasing heat damage in the surrounding tissue. High-frequency ultrasound has been adopted in gynaecologic surgery. All these cater to the growth of the market.

What are the Key Opportunities for the Electrosurgery Generators Manufacturers?

Due to advancements in research and development, the industry is expected to have a positive outlook. Governments have also been actively taking part in providing funds to these research purposes.

The growth will further be propelled by the innovations in surgical procedures including skin cancer, laparoscopic procedures and many more. One of the prominent frequent malignancies treated with electrosurgery is skin cancer.

After cauterization, it is possible to control bleeding and remove any residual cancer cells using electrosurgery. Over the course of the projected period, increased demand for electrosurgery procedures is anticipated to drive up demand for electrosurgery generators. Additionally, there have been discernible changes in the expansion of laparoscopic treatments.

What are the Factors Restraining Demand for Electrosurgery Generators?

Despite having a large number of end customers, the electrosurgical generators market is anticipated to face certain challenges as it expands.

The high risks associated while performing these procedures along with the large number of product recall in the market are restraining the growth. To coagulate and cut tissue, high-frequency electrical currents are employed, and the heat that is produced as a result can result in thermal burns, electric shock, or even the emission of dangerous gases. Infections in patients might spread as a result of smoke inhalation.

Country-wise Insights

What Makes the USA a Highly Lucrative Market?

A rise in government spending on the creation of cutting-edge medical services and target-specific surgical equipment will have a substantial influence on the market for electrosurgical generators. In 2022, the USA had about 31.9% worldwide market share, and it is anticipated that this position would remain stable during the projection period.

More hospitals and other surgery centres are implementing ESU units as surgical procedures increase in the USA, providing market participants with an opportunity to increase output in the country. Along with that the fund allocated to research and development is growing.

What is the Outlook of China for Electrosurgery Generators Market?

China is expected to grow at a CAGR of 8.1% in the East Asian market over the forecast period. The rise of the healthcare industry in China is adding to the growth of the market

With more hospitals coming into action with improved infrastructure, the market of ESU units is China is increasing with the increasing adoption as well as the rising demand of minimally invasive procedures. Many local companies are rising to this occasion to expand their business providing electro surgical units at lesser price. Government is also rising to these occasions to increase strategic activities with different countries to promote the ESU units.

• For Instance, on Dec 2022, in the nation's capital Port Moresby, the China-Papua New Guinea (PNG) Friendship Center of Minimally Invasive Surgery was inaugurated.

How is Germany Market Growing?

Germany held a global market share of 4.2% in 2022.

Due of the high demand for minimally invasive procedures in these situations, money is being given to continue the improvements. Another factor driving the expansion of the electrosurgery market in Germany is the rising demand for medical cosmetic surgery across Europe. German government is also engaging into various activities to showcase their technical expertise for such products.

Category-wise Insights

Which Product is driving the Market?

Accessories held a market share of around 35.4% in the global market in 2022 and the segment is set to grow at a CAGR of 6.3% throughout the forecast period.

Electrosurgical generators use accessories in large volume. These products come under the category of disposables and due to their higher replacement rate compared to the capital instrument they are used in bulk volume. Hence they are very highly adapted and procured along with the surgical generators.

Which is the predominantly used Specialty for Electrosurgical Units?

Gynecology segment held a market share of 24.5% in the global market in 2022.

There are multiple products that cater to the reduced surgical risks in gynecology procedures. Less pain and loss of blood, lower risk of infection as well as a lower post-operative recovery period after surgery are the desired advantages of minimally invasive surgeries during laparoscopic surgeries. Hence, the gynecology segment has many such innovative electrosurgical units (ESU) and held the maximum share.

Which Setting settings has the maximum usage of Electrosurgical Generators?

Hospitals held 55.5% of the global market share during the year 2022.

The number of hospitals in every country is more than any other surgical settings. The large number of procedures that are performed in these regions along with the high availability of the ESU units cater to the prominent growth of this segment.

Competitive Landscape

The market is rather consolidated overall due to the numerous rivals in the development of electrosurgery generators. Key players such as Medtronic Plc., Ackermann Instrumente, B. Braun Melsungen AG are adopting new strategies like acquisition , product launches and expansion of their business segments-promote their products. Many upcoming players are also following their footsteps for their business growth

The following are examples of key development strategies used by industry players in the electrosurgery generators market:

• In October 2022, Medtronic announced three significant global market-entry and indication extension approvals for its HugoTM robotic-assisted surgery (RAS) system.
• In September 2021, Olympus Corporation unveiled the first products in its innovative new POWERSEALTM line of bipolar surgical energy solutions.

Similarly, recent developments related to the companies manufacturing electrosurgical generators are available in the full report, which have been tracked by the team at Future Market Insights.

Report Scope as per Electrosurgery Generator Industry Analysis

Attribute	Details
Forecast Period	2023 to 2033
Historical Data Available for	2017 to 2022
Market Analysis	USD Billion for Value , Units for Volume
Key Regions Covered	North America; Latin America; Europe; South Asia; East Asia; Oceania; and Middle East & Africa
Key Countries Covered	USA, Canada, Brazil, Mexico, Argentina, United Kingdom, Germany, Italy, Russia, Spain, France, BENELUX, India, Thailand, Indonesia, Malaysia, Japan, China, South Korea, Australia, New Zealand, Türkiye, GCC Countries, and South Africa
Key Market Segments Covered	Product, Specialty, Setting, and Region
Key Companies Profiled	Medtronic Plc.; Ackermann Instrumente; B. Braun Melsungen AG; JINSHAN Science & Technology (Group) Co., Ltd.; Symmetry Surgical Inc. (Aspen Surgical ); Miconvey SURGICAL; Telea Electronic Engineering S.r.l.; Olympus Corporation; Ethicon US, LLC.; MEDGYN PRODUCTS, INC.; Integra LifeSciences; CONMED Corporation; EMED.; Erbe Elektromedizin GmbH; Beijing Kestrel Co., Ltd.; Matrix Medicals Pvt. Ltd.; Shanghai Huifeng Medical Instrument Co., Ltd; Zimmer Biomet; Micromed Medizintechnik; Heal Force, Promed Technology Co.; KENTAMED Ltd.; TAKTVOLL Co.,Ltd; Senko Medical Instrument Mfg. Co., Ltd.
Report Coverage	Market Forecast, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, Strategic Growth Initiatives
Pricing	Available upon Request

Key Market Segments Covered in Electrosurgery Generators Industry Research

By Product:

• Radiofrequency Electrosurgery Generators
• Ultrasonic Electrosurgery Generators
• Molecular Resonance Electrosurgery Generators
• Argon Plasma Electrosurgery Generators
• Accessories

By Specialty:

• Urology
• Gynecology
• Gastroenterology
• ENT
• General Surgery
• Others

By Settings:

• Hospitals
  • Academic
  • Community
  • Private
• Ambulatory Surgical Centres
• Speciality Clinics

By Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• The Middle East and Africa (MEA)

Frequently Asked Questions

What is the market value in 2023?

In 2023, the dehydrated onions market is valued at USD 1.6 billion.

What will be the growth rate until 2033?

Until 2033, the market will experience a 7.7% CAGR.

What will be the market value in 2033?

The market shall reach USD 3.4 billion in 2033.

How was the market’s historical performance?

The market rose at a 6.1% CAGR from 2017 to 2022.

Who are the key market players?

Integra LifeSciences, CONMED Corporation and, EMED. are key market players.

What are the Key Opportunities for Electrosurgery Generators Manufacturers?

Innovation in surgical procedures may hold significant opportunities for the players.

Which Countries Dominate the Electrosurgery Generators Market?

The United States , China, and Germany dominate the global market.

What is the Growth Forecast for the Electrosurgery Generators Market?

The market is forecast to register a CAGR of 7.7% through 2033.

How was the Historical Performance of the Lights Market?

During 2018 to 2022, the market registered a CAGR of 6.1%.

Who are the Prominent Players in the Market?

Medtronic Plc., Ackermann Instrumente, and B. Branu Melsungen AG are key players.