Top 10 Companies in Electrosurgery Market

The Electrosurgery Market is expected to grow at a CAGR of 4.8% from 2024 to 2031 to reach $8.99 billion by 2031. The growth of this market is driven by various factors, including the increasing number of surgical procedures, the growing preference for minimally invasive techniques, the increasing adoption of computer-assisted surgeries, the emergence of medical tourism, particularly in developing nations, the rising incidence of skin, throat, lip, and cervix cancer, and the prevalence of chronic diseases, which is on the rise due to the expanding geriatric population. Additionally, factors such as rising healthcare expenditure and market expansion in emerging economies are expected to create market growth opportunities.

However, the risks associated with electrosurgical procedures and the shortage of surgeons restrain the growth of this market. Additionally, the increasing concerns regarding the release of toxic fumes during electrosurgical procedures pose a significant challenge to the market’s growth.

Here are the top 10 companies operating in the Electrosurgery Market

Medtronic plc (Ireland)

Founded in 1949 and headquartered in Dublin, Ireland, Medtronic plc is a healthcare technology company that provides services to physicians, clinicians, and patients. The company researches, designs, manufactures, and sells products in the field of biomedical engineering that help to alleviate pain, restore health, and extend life.

The company operates through four reportable segments, namely Cardiovascular Portfolio, Medical Surgical Portfolio, Neuroscience Portfolio, and Diabetes Operating Unit. The company operates in the electrosurgery market through the Surgical Innovations sub-division of the Medical Surgical Portfolios segment. It offers its products to healthcare systems, physicians’ offices, ambulatory care centers, and other alternate-site healthcare providers.

The company has a wide geographic presence and offers its products in over 150 countries. The company’s four largest markets are the U.S., Western Europe, China, and Japan. Medtronic plc has its subsidiaries in Australia, Brazil, California, Canada, China, Delaware, Egypt, France, Germany, Hongkong, Italy, Mexico, and the Netherlands, among others. Some of the company’s subsidiaries are Medtronic Australasia Pty Ltd., Medtronic International, Ltd. (U.S.), Medtronic do Brasil Ltda., Medtronic Italia S.p.A. (Italy), Medtronic G.m.b.H. (Germany), Medtronic Japan Co., Ltd., and Medtronic Canada ULC., Medtronic Holding Switzerland G.m.b.H., and Medtronic Latin America, Inc.

Johnson & Johnson (U.S.)

Founded in 1887 and headquartered in New Jersey, U.S., Johnson & Johnson is engaged in the research and development, manufacture, and sale of a broad range of products in the healthcare field. The company offers electrosurgery products through its MedTech segment. The company also delivers electrosurgical products through its subsidiary Ethicon Inc. (U.S.). The company provides its products to wholesalers, hospitals, and retailers. The company’s offerings are used predominantly by physicians, nurses, hospitals, eye care professionals, and clinics.

The company has principal manufacturing facilities in the U.S., Europe, Asia, Africa, and the Pacific. Some of the company’s major subsidiaries are Ethicon Endo-Surgery, Inc. (U.S.), Ethicon Ireland, Ethicon Women’s Health & Urology Sarl (Switzerland), and Ethicon Endo-Surgery (Europe) GmbH (Germany).

Stryker Corporation (U.S.)

Founded in 1941 and headquartered in Michigan, U.S., Stryker Corporation provides medical technology products and services to improve patient and healthcare outcomes. The company offers these products through MedSurg and Neurotechnology, and Orthopedics and Spine segments. The electrosurgery-related products are offered under the MedSurg and Neurotechnology segment. The company provides these products to doctors, hospitals, and other healthcare facilities.

The company has principal manufacturing and distribution facilities in the U.S. in Arizona, California, Florida, Illinois, Indiana, Michigan, Minnesota, New Jersey, Puerto Rico, Tennessee, Texas, Utah, Virginia, and Washington, and outside the U.S. in China, France, Germany, Ireland, Mexico, the Netherlands, Switzerland, and Turkey. Some of the company’s subsidiaries are Stryker AB (Sweden), Stryker Japan KK, Stryker Canada Corp., Stryker China Limited, Stryker France SAS, Stryker GmbH & Co. KG (Germany), and Stryker Australia LLP.

CONMED Corporation (U.S.)

Founded in 1970 and headquartered in Florida, U.S., CONMED Corporation manufactures and markets equipment for surgical procedures and specialties, including orthopedics, general surgery, gynecology, thoracic surgery, and gastroenterology. The company’s products are used by surgeons and other healthcare professionals. The company has two product categories, namely Orthopedic Surgery and General Surgery. Electrosurgery-related products are offered through the General Surgery category. The electrosurgical offering consists of monopolar and bipolar generators, argon beam coagulation generators, handpieces, smoke management systems, and related accessories.

Olympus Corporation (Japan)

Established in 1919 and headquartered in Tokyo, Japan, Olympus Corporation develops, manufactures, and markets precision machinery and instruments. The company provides advanced visualization, precision treatment, and value-added solutions. The company operates through three business segments: Endoscopic Solutions, Therapeutic Solutions, and Others. The company offers electrosurgery products through the Therapeutic Solutions segment.

The company has manufacturing facilities in Utica, New York, Largo, and Florida in the U.S. and Chihuahua in Mexico. Lithia Springs, Georgia, and Brussels, Belgium, are the principal distribution centers. The company has sales and administrative offices in countries throughout the world. Some of the subsidiaries of the company are CONMED Andover Medical, Inc. (U.S.), CONMED Italia SrL (Italy), CONMED Linvatec Australia Pty. Ltd, Linvatec Corporation (U.S.), Linvatec Canada ULC, and Linvatec Sweden.

With its subsidiaries and a strong distribution network, the company has a presence in over 38 countries, including Asia-Pacific (Australia, China, Hong Kong, India, Korea, Malaysia, New Zealand, Singapore, Taiwan, Thailand, and Vietnam), America (U.S., Canada, Brazil, and Mexico), and Europe & Middle East. The company’s subsidiaries include Olympus America Inc., Olympus Europa SE & Co. KG, Olympus Medical Systems Corp. (Tokyo), Olympus France S.A.S, Olympus Latin America, Inc., Olympus Deutschland GmbH, Olympus Australia Pty Ltd., and Olympus Singapore Pte Ltd.

Meticulous Research in its latest publication on Electrosurgery Market has predicted the growth of 4.8% during the forecast year 2024-2031.

STERIS plc (Ireland)

Founded in 1985 and headquartered in Dublin, Ireland, STERIS plc provides infection prevention and other procedural products. The company operates through four business segments, namely, Healthcare, Applied Sterilization Technologies, Life Sciences, and Dental. The company provides electrosurgery products through the Healthcare segment, which offers sterility assurance products, sterilizers, equipment essential to sterile processing departments (SPDs), and instruments used in operating rooms. These products are used primarily in operating rooms, ambulatory surgery centers, endoscopy suites, and other procedural areas. The company offers its products & services to hospitals & surgery centers, medical device & pharmaceutical manufacturers, and research laboratories.

With its subsidiaries and a strong distribution network, the company operates in over 150 locations representing sales, administrative, and operational facilities in the U.S. and over 25 other countries, the majority of which are leased and support one or multiple business segments. Operational locations are primarily comprised of service centers and distribution warehouses. The company has manufacturing centers across the U.S. and internationally in Italy, Germany, Mexico, France, Finland, and Canada. The company’s subsidiaries include STERIS Canada Inc., STERIS (India) Private Limited, STERIS China Holdings Limited, STERIS Singapore Pte. Ltd., STERIS Latin America, Inc., STERIS Deutschland GmbH, and STERIS Japan Inc.

Boston Scientific Corporation (U.S.)

Founded in 1979 and headquartered in Massachusetts, U.S., Boston Scientific Corporation develops, manufactures, and markets medical devices that are used in a broad range of interventional medical specialties. The company operates through two business segments, namely, MedSurg and Cardiovascular. The company offers electrosurgery products through the MedSurg segment. The company sells products to 36,000 hospitals, clinics, outpatient facilities, and medical offices in 130 countries worldwide.

With its subsidiaries and a strong distribution network, the company has 15 principal manufacturing facilities, including eight in the U.S. and Puerto Rico, three in Ireland, two in Costa Rica, one in Malaysia, and one in Brazil, as well as distribution and technology centers around the world. The company’s subsidiaries include Boston Scientific (Thailand) Ltd., Boston Scientific (UK) Limited, Boston Scientific AG (Switzerland), Boston Scientific (Thailand) Ltd. (Thailand), Boston Scientific AG (Switzerland), Boston Scientific do Brasil Ltda. (Brazil), Boston Scientific India Private Limited (India), Boston Scientific International S.A. (France), Boston Scientific Japan K.K. (Japan), and Boston Scientific Benelux NV (Belgium).

B. Braun SE (Germany)

Founded in 1966 and headquartered in Melsungen, Germany, B. Braun is engaged in developing, manufacturing, and marketing medical technology-based products. The company provides products and services in 15 therapeutic areas and applications grouped into three divisions: Hospital Care, Aesculap, and Avitum. The company offers electrosurgery products through the Aesculap segment. It offers these products to ambulatory centers and other medical facilities. The company’s portfolio includes over 5,000 healthcare products.

The company has 300 subsidiaries spread across 64 countries. With its subsidiaries and a strong distribution network, the company operates manufacturing facilities in various locations worldwide. These include Melsungen, Berlin, Denzlingen, Dresden, Glandorf, and Tuttlingen (Germany); Rubí (Spain); Nogent (France); Mirandola (Italy); Nowy Tomyśl (Poland); Gyöngyös (Hungary); Crissier, Escholzmatt, and Sempach (Switzerland); Allentown, Pennsylvania, Florida, Irvine, and California (U.S.); Suzhou (China); Tochigi (Japan); Penang (Malaysia); Hanoi (Vietnam); New Delhi (India); and São Gonçalo (Brazil). The company’s subsidiaries include Aesculap AG (Germany), B. Braun Medical Inc. (U.S.), B. Braun Medical S.A.S. (France), and B. Braun Medical (India) Pvt. Ltd.

BOWA-electronic GmbH & Co. KG (Germany)

Founded in 1977 and headquartered in Gomaringen, Germany, BOWA-electronic GmbH & Co. KG, branded as Bowa Medical, is engaged in providing energy-based surgical systems made in Germany. The company, in collaboration with universities, hospitals, and institutes around the world, is developing ultrasonic and high-frequency surgical equipment.

The company sells its products in over 100 countries with separate sales teams, branches, and distributors. The company has two manufacturing sites in Gomaringen and another in Poznan. The distribution sites are in the Middle East, Russia, Kazakhstan, Ukraine, and Asia. The company has around 800 employees, with more than 342 in medical technology. The company is ISO 13485, ISO 14001, and EU QM Certified.

Erbe Elektromedizin GmbH (Germany)

Founded in 1851 and headquartered in Tuebingen, Germany, Erbe Elektromedizin GmbH is involved in developing, producing, and selling systems for electrosurgery, vessel sealing, argon plasma coagulation, cryosurgery, and hydrosurgery. The company provides these products to surgeons, OR teams, and patients across the world. The company offers hybrid solutions, i.e. basis system of electrosurgery with other Erbe technologies such as cryosurgery or hydrosurgery. The company provides electrosurgical products for gastroenterology, pulmonology, gynecology, general surgery, and urology.

The company sells products through 21 subsidiaries and 1 representative office, maintaining a presence in 110 countries. It has approximately 1,200 employees, with over 800 based in Germany. The company is ISO 13485:2016, ISO 13485:2016 MDSAP certified.

The other players operating in the global electrosurgery market include Kirwan Surgical Products, LLC (U.S.), Symmetry Surgical, Inc. (Part of Aspen Surgical Products, Inc.) (U.S.), Surgical Holdings (U.K.), KLS Martin Group (U.S.), I.C. Medical, Inc. (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), and Smith & Nephew plc (U.K.). Apart from these companies, the electrosurgery market consists of many other smaller companies.

Authoritative Research on the Electrosurgery Market – Global Opportunity Analysis and Industry Forecast (2024-2031)

Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:

• Recent financial performance
• Key products
• Significant company strategies
• Partnerships and acquisitions

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