Last Updated: 17 Jun 2025
Source: Statifacts
The global electrosurgical devices market size accounted for USD 8.39 billion in 2024 and is predicted to touch around USD 14.17 billion by 2034, growing at a CAGR of 5.38% from 2025 to 2034.
Industry Worth | Details |
Market Size in 2025 | USD 8.79 Billion |
Market Size by 2034 | USD 14.17 Billion |
Market Growth Rate from 2025 to 2034 | CAGR of 5.38% |
The electrosurgical devices market deals with specialized machines that use high-frequency current to facilitate surgical procedures. They can cut tissue, coagulate bleeding tissue, or perform both actions in one step. One of the most significant benefits of electrosurgery is its ability to control bleeding through coagulation. The U.S. electrosurgical devices market growth is driven by the increasing geriatric population, shifting preference towards outpatient surgeries, and the increasing number of surgical procedures.
Artificial intelligence (AI) can be used to augment the sharing of knowledge through the collection of massive amounts of operative video and EMR data across many surgeons. In sensitive surgical procedures, augmented reality integrated through an AI can overlay important information like vitals and hemodynamic state of a patient, in real time, to the surgeons, which may help them to improve their techniques as well as decision making during the surgery. It promotes efficiency and faster healing times, enhances accuracy and precision, personalizes patient care, and reduces complications. AI helps in surgical decision-making and reducing risk factors and human-driven errors.
Jordan Schecter, M.D., Vice President, Disease Area Leader, Multiple Myeloma, Johnson & Johnson Innovative Medicine, said, “Patients with extramedullary myeloma, especially those who have exhausted prior therapies, need more effective treatment options.” “Our first in class bispecific antibodies, TALVEY and TECVAYLI, have transformed treatment for relapsed or refractory multiple myeloma. The RedirecTT-1 study underscores our commitment to advancing innovative therapies that attack the disease in different ways by building combinable and complementary regimens.
Anita Mehta, Director of Social Impact at Stryker, said, “Our mission to make healthcare better cannot be achieved without our nonprofit partners.” “With each of these efforts, Stryker’s goal remains the same: we want to improve the experience of giving and receiving care, so patient outcomes improve. Our global employee base is very passionate about making a difference, and it's fantastic to see how our efforts to improve access to healthcare bring them together.”
North America dominated the global electrosurgical devices market in 2024. Rising senior population, shifting preference towards outpatient surgeries in developed regions, and rising use of minimally invasive procedures are driving the growth of the market in the North American region.
Asia Pacific is anticipated to grow at the fastest rate in the market during the forecast period. Increasing disposable income, infrastructural development, increased spending on technology, rapid industrialization and urbanization, and stringent environmental regulations are contributing to the growth of the electrosurgical devices market in the Asia Pacific region.
Over 100 countries where it operates. It operates in the medical technology sector, specifically the surgical equipment and devices industry around the world.
It operates in over 60 countries. It operates in the medical sectors, specifically in Consumer Health, Medical Devices & Diagnostics, and Pharmaceuticals, around the world.
Published by Kesiya Chacko
Stats ID: | 8430 |
Format: | Databook |
Published: | June 2025 |
Delivery: | Immediate |
Last Updated: 17 Jun 2025
Source: Statifacts
Last Updated: 17 Jun 2025
Source: Statifacts
Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
General Surgery | 1,693.44 | 1,776.41 | 1,866.18 | 1,963.37 | 2,068.63 | 2,182.73 | 2,306.48 | 2,440.79 | 2,586.69 | 2,745.28 | 2,895.41 |
Gynecology | 1,022.37 | 1,072.62 | 1,127.01 | 1,185.89 | 1,249.67 | 1,318.82 | 1,393.83 | 1,475.25 | 1,563.71 | 1,659.89 | 1,750.93 |
Urology | 773.93 | 812.32 | 853.88 | 898.88 | 947.65 | 1,000.54 | 1,057.93 | 1,120.25 | 1,187.98 | 1,261.64 | 1,331.35 |
Orthopedic Surgery | 1,279.63 | 1,342.35 | 1,410.22 | 1,483.70 | 1,563.30 | 1,649.57 | 1,743.16 | 1,844.74 | 1,955.10 | 2,075.07 | 2,188.62 |
Cardiovascular Surgery | 1,538.79 | 1,612.84 | 1,692.96 | 1,779.67 | 1,873.59 | 1,975.36 | 2,085.73 | 2,205.49 | 2,335.54 | 2,476.88 | 2,610.70 |
Cosmetic Surgery | 783.57 | 818.14 | 855.48 | 895.84 | 939.46 | 986.65 | 1,037.72 | 1,093.01 | 1,152.92 | 1,217.88 | 1,279.47 |
Neurosurgery | 1,299.34 | 1,356.57 | 1,418.33 | 1,485.01 | 1,557.03 | 1,634.86 | 1,719.00 | 1,810.03 | 1,908.55 | 2,015.27 | 2,116.53 |
Last Updated: 17 Jun 2025
Source: Statifacts
Stats ID: | 8430 |
Format: | Databook |
Published: | June 2025 |
Delivery: | Immediate |
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