Electrosurgical Generators Market Size (2024 - 2029)

The electrosurgical generators market is anticipated to experience growth due to several factors, including the increasing prevalence of chronic diseases and a rising geriatric population, which drive the demand for minimally invasive surgeries. The market's expansion is further supported by technological advancements in electrosurgical units and the introduction of new safety guidelines post-pandemic. Despite challenges such as the risks associated with electrosurgical procedures and stringent regulatory frameworks, the market is expected to recover and grow, aided by research that enhances the safety and efficiency of electrosurgical devices.

Market Size of Electrosurgical Generators Industry

Electrosurgical Generators Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
CAGR 6.90 %
Fastest Growing Market Asia-Pacific
Largest Market North America

Major Players

Electrosurgical Generators Market Major Players

*Disclaimer: Major Players sorted in no particular order

Electrosurgical Generators Market Analysis

The electrosurgical generators market is expected to register a CAGR of 6.9% over the forecast period.

Although COVID-19 was not a surgical disease, it considerably impacted surgical practice. A surgical plume is a by-product of energy devices, including electrosurgical instruments, that creates thermal tissue damage. The structure and stability of the virus, the possible dose to which operating room staff exposed it, and the temperature at which the electrosurgical device produced the smoke were a few factors that affected the infectiousness of viral particles discovered in the surgical plume. Such instances significantly restricted the use of electrosurgical generators in surgical operations amid the outbreak.

However, the introduction of newer guidelines for safety under minimally invasive surgery (MIS), like electrosurgical procedures, was undertaken in the years 2021 and 2022, impacting the market's growth positively. As per the report published by the Journal of Surgical Endoscopy in March 2022, for every open procedure, precautions were taken to keep the operating room staff from being exposed to the surgical plume, which may include viruses. Hence, the safety precautions for surgical plumes during electrosurgical procedures helped physicians and patients perform the surgery with minimal exposure to COVID-19. Such factors have contributed to the market's growth in the post-pandemic phase. Furthermore, as per the analysis, the market is likely to achieve its pre-pandemic growth in the next two to three years.

In addition, the electrosurgical generator market is expected to grow due to the rise in chronic diseases and the geriatric population, increasing demands for minimally invasive surgeries, and technological advancements in electrosurgical units. For instance, according to the British Heart Foundation's 2022 report, approximately 7.6 million people in the United Kingdom have heart and circulatory disorders. Moreover, with an aging and growing population, as well as underlying conditions affecting the heart and circulatory system, these numbers could keep rising. Electrosurgical generators play a vital role in cardiac surgeries, helping to cut the tissues and control bleeding. Thus, the increasing burden of heart-related disorders will, in turn, boost the demand for electrosurgical generators in healthcare settings over the coming years.

Furthermore, the new research studies on electrosurgical devices reveal the safety profile of the devices and help in the market's growth. For instance, as per the study report by Cristina Ibanez Jimenez in February 2022, SynchroSeal's multifunctional design with the E-100 electrosurgical generator provides enhanced sealing and transection capabilities with an acceptable safety profile. Thus, the new studies help the market by providing efficient and safe products and will drive the market over the forecast period. However, the risks associated with electrosurgical procedures and stringent regulatory frameworks are the major factors hindering market growth.

Electrosurgical Generators Industry Segmentation

Electrosurgical generator units (ESUs) facilitate therapeutic endoscopy by supplying the high-frequency electrical current required for many endoscopic accessories. The term electrosurgical energy describes the transformation of alternating electrical current produced by the ESU into thermal energy within the tissue. 

The Electrosurgical Generators Market is Segmented by Type (Monopolar, Bipolar, and Both), Application (General Surgery, Urology, Neurology, Gynecology, Gastroenterology, and Other Applications (Cardiology, Plastic Surgery, and Dermatology)), End-user (Hospitals, Ambulatory Surgery Centers, and Other End-users (Clinics, Trauma Centers, among others)), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.

By Type
Monopolar
Bipolar
Both
By Application
General Surgery
Urology
Neurology
Gynecology
Gastroenterology
Other Applications (Cardiology, Plastic Surgery, and Dermatology)
By End-user
Hospitals
Ambulatory Surgery Centers
Other End-users (Clinics, Trauma Centers, among others)
By Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America
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Electrosurgical Generators Market Size Summary

The electrosurgical generators market is poised for significant growth, driven by the increasing demand for minimally invasive surgeries and technological advancements in electrosurgical units. The market is recovering from the impacts of the COVID-19 pandemic, which had initially restricted the use of these generators due to concerns over surgical plumes potentially carrying viral particles. However, the introduction of new safety guidelines for minimally invasive procedures has positively influenced market growth. The rising prevalence of chronic diseases, particularly heart-related disorders, and the expanding geriatric population are further propelling the demand for electrosurgical generators, as these devices play a crucial role in surgical procedures such as cardiac surgeries. Additionally, ongoing research and development efforts are enhancing the safety and efficiency of electrosurgical devices, contributing to market expansion.

In North America, the electrosurgical generators market is expected to be dominated by the United States, supported by advanced healthcare facilities and technological innovations. The increasing burden of chronic diseases, such as cancer, and longer wait times for open surgeries are driving the demand for minimally invasive procedures, thereby boosting the market. New product approvals and launches by key players, such as Ethicon and Olympus, are expanding the application scope of electrosurgical generators, further fueling market growth. The market is moderately fragmented, with major players like Medtronic, CONMED Corporation, and Johnson & Johnson Services, Inc. leading the industry. Strategic acquisitions and funding, such as Aspen Surgical's acquisition of Symmetry Surgical and US Medical Innovations' private placement deal, are also supporting the development and manufacturing of advanced electrosurgical devices.

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Electrosurgical Generators Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Rise in Chronic Diseases and Geriatric Population

      2. 1.2.2 Increasing Demand for Minimally Invasive Surgeries

      3. 1.2.3 Technological Advancements in Electrosurgical Units

    3. 1.3 Market Restraints

      1. 1.3.1 Risks Associated with Electrosurgical Procedures

      2. 1.3.2 Stringent Regulatory Frameworks

    4. 1.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD million)

    1. 2.1 By Type

      1. 2.1.1 Monopolar

      2. 2.1.2 Bipolar

      3. 2.1.3 Both

    2. 2.2 By Application

      1. 2.2.1 General Surgery

      2. 2.2.2 Urology

      3. 2.2.3 Neurology

      4. 2.2.4 Gynecology

      5. 2.2.5 Gastroenterology

      6. 2.2.6 Other Applications (Cardiology, Plastic Surgery, and Dermatology)

    3. 2.3 By End-user

      1. 2.3.1 Hospitals

      2. 2.3.2 Ambulatory Surgery Centers

      3. 2.3.3 Other End-users (Clinics, Trauma Centers, among others)

    4. 2.4 By Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 United Kingdom

        3. 2.4.2.3 France

        4. 2.4.2.4 Italy

        5. 2.4.2.5 Spain

        6. 2.4.2.6 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 Australia

        5. 2.4.3.5 South Korea

        6. 2.4.3.6 Rest of Asia-Pacific

      4. 2.4.4 Middle East and Africa

        1. 2.4.4.1 GCC

        2. 2.4.4.2 South Africa

        3. 2.4.4.3 Rest of Middle East and Africa

      5. 2.4.5 South America

        1. 2.4.5.1 Brazil

        2. 2.4.5.2 Argentina

        3. 2.4.5.3 Rest of South America

Electrosurgical Generators Market Size FAQs

The Electrosurgical Generators Market is projected to register a CAGR of 6.90% during the forecast period (2024-2029)

Medtronic, CONMED Corporation, Johnson & Johnson Services, Inc. (Ethicon, Inc.), Olympus Corporation and B. Braun SE are the major companies operating in the Electrosurgical Generators Market.

Electrosurgical Generators Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)