United States electrosurgery devices market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027, on the account of surging demands for the minimally invasive surgeries. The advancing technologies of the medical devices & surgical equipment are further expected to drive the growth of the United States electrosurgery devices market in the upcoming five years. Moreover, increasing instances of carcinogenic disease and growing prevalence of surgical therapies to remove the tumorous cells further supports the growth of the United States electrosurgery devices market in the next five years.
Electrosurgery is the application of electricity to cause thermal destruction of the tissue through dehydration, coagulation or vaporization. High-frequency alternating polarity are utilized to cause cell lyses. The medical devices utilized to incise tissue, destroy tissue through desiccation, and to control bleeding (hemostasis) by causing the coagulation of blood are termed as electrosurgery devices. Commonly, there are two types of electrosurgeries, high-frequency electrosurgery and electrocautery.
Technological Advancement Promises Market Growth
Increasing instances of complexities of diseases and surgical ventures, enforces the demands for technologically advanced medical devices and surgical equipment. Growing demands have prevailed the research institutes as well as the active market players in the country to focus their resources on development of the innovative, technologically advanced, and efficient products. Olympus Corporations launched the most advanced version of THUNDERBEAT hybrid. The POWERSEAL 5mm Curved Jaw Tissue Sealer and Divider, Double-Action devices is an advanced bipolar surgical energy devices. The surgical devices proceed the features of previous versions of THUNDERBEAT hybrid energy devices and SONICBEAT ultrasonic dissectors.
Moreover, growing market players like BioFuse Medical Technologies, Melbourne, are focusing their finances in advancing the technologies like RF tissue sealing and welding technology. They are highly inclined toward replacing the traditional methods of sutures, staples, etc.
Growing Disease Burden & Surgical Ventures Drive Market Growth
Instances of chronic diseases like cardiovascular diseases, cancer, neurological diseases, etc. are rapidly growing in the States. The country records new cases every year. In the year 2019, coronary heart diseases were the most common type of disease that killed 360,900 in the country. About 659,000 people in the United States die from heart disease each year—that’s 1 in every 4 deaths. Increasing instances of patients functioning with the help of pacemaker need better medical devices. Monopolar electrosurgical devices are beneficial in cases of patients with pacemakers. Total number of heart transplantation in the country in 2020 was 3,658.
Also, in 2020 1,806,590 new cases of cancer were recorded in the country. Moreover, breast cancer is one of the most prevailed cancer types mostly among the female population that undergoes surgical removal called mastectomy. More than 100,000 U.S. women undergo some form of mastectomy each year in the country. The procedure is often considered if the female has a family history of breast cancer or if they are diagnosed with initial stages of breast cancer.
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Market Segmentation
The United States electrosurgery devices market is segmented by method, type, application, end user, competitional landscape, and regional distribution.
Company Profile
Medtronic USA, Inc., Boston Scientific Corporation, Stryker Corporation, B. Braun Medical, Inc., Olympus Corporation of the Americas, Conmed Corporation, Johnson & Johnson, Bovie Medical Corporation, AtriCure, LLC, ATMOS Inc.
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | - Product & Services
- Type
- Application
- End User
|
Regional scope | South region, Mid-West region, North-East region, and West region. |
Key companies profiled | Medtronic USA, Inc., Boston Scientific Corporation, Stryker Corporation, B. Braun Medical, Inc., Olympus Corporation of the Americas, Conmed Corporation, Johnson & Johnson, Bovie Medical Corporation, AtriCure, LLC, ATMOS Inc. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |