Electrosurgery Market Worth $9.4 billion | MarketsandMarkets

CHICAGO, May 20, 2024 /PRNewswire/ -- Electrosurgery Market in terms of revenue was estimated to be worth $6.9 billion in 2024 and is poised to reach $9.4 billion by 2029, growing at a CAGR of 6.4% from 2024 to 2029 according to a new report by MarketsandMarkets.

The market for electrosurgical instruments is experiencing robust growth, primarily fueled by the rising incidence of chronic diseases and the escalating demand for minimally invasive procedures. Furthermore, continuous innovation and technological advancements in electrosurgical instruments are contributing significantly to market expansion. However, it's important to note that there are certain risks associated with electrosurgical procedures, along with a stringent regulatory framework in place. Additionally, the shortage of skilled surgeons presents a challenge and is anticipated to impede market growth during the forecast period. Despite these constraints, the market remains poised for considerable advancement, driven by ongoing research and development efforts aimed at addressing these challenges and improving patient outcomes.

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Browse in-depth TOC on "Electrosurgery Market"

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Electrosurgery Market Scope:

Report Coverage	Details
Market Revenue in 2024	$6.9 billion
Estimated Value by 2029	$9.4 billion
Growth Rate	Poised to grow at a CAGR of 6.4%
Market Size Available for	2021–2029
Forecast Period	2024–2029
Forecast Units	Value (USD Billion)
Report Coverage