Meticulous Research®—a leading global market research company, published a research report titled, ‘Electrosurgery Market by Product (Monopolar, Bipolar Instrument, Generator, Smoke Evacuation System, Electrode), Surgery (Obstetrics, Cardiovascular, General, Orthopedic, Oncology, Neurosurgery, Cosmetic), End User (Hospital, ASC)—Global Forecast to 2031.’
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The latest report from Meticulous Research®, a leading market intelligence firm, forecasts the global electrosurgery market to achieve a valuation of $8.99 billion by 2031, exhibiting a steady compound annual growth rate (CAGR) of 4.8%. The market's expansion is fueled by several key factors, including the escalating number of surgical procedures worldwide, a growing preference for minimally invasive techniques, and the increasing adoption of computer-assisted surgeries. Additionally, factors such as the emergence of medical tourism, particularly in developing nations, and the rising incidence of various cancers and chronic diseases contribute to the market's growth trajectory.
However, the market faces challenges such as the risks associated with electrosurgical procedures, a shortage of skilled surgeons, and concerns regarding the release of toxic fumes during operations. Despite these challenges, rising healthcare expenditure and the expansion of the market in emerging economies are expected to create lucrative growth opportunities.
Key Players and Segmentation
The report profiles key players in the electrosurgery market, including industry giants such as Medtronic plc, Stryker Corporation, and Johnson & Johnson. The market is segmented by product, surgery type, end user, and geography.
• Product Segment: In 2024, the electrosurgery generators segment is anticipated to dominate the market, driven by factors such as technological advancements and the availability of advanced generators.
• Surgery Type: General surgery is expected to hold the largest market share in 2024, owing to factors like the increasing geriatric population and the preference for minimally invasive techniques.
• End User: Hospitals & clinics are projected to account for the largest share of the market in 2024, driven by the high number of patient visits and the presence of advanced electrosurgery equipment.
Geographic Review
Geographically, North America is forecasted to lead the electrosurgery market in 2024, followed by Europe. Factors contributing to North America's dominance include the high adoption of advanced products, a robust healthcare system, and an aging population.
The report provides a comprehensive analysis of major geographies, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

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