Electrosurgical devices are medical devices used in various minimally invasive surgeries such as laparoscopy and arthroscopy. These devices utilize high-frequency electrical current to cut, coagulate, desiccate, and fulgurate tissue. They offer benefits like reduced blood loss, minimized risk of surgical site infection, shorter hospital stay, and faster recovery time compared to traditional open surgeries.

The global India Electrosurgical Devices Market is estimated to be valued at US$ 229.95 Mn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The increasing demand for minimally invasive surgeries is expected to drive the growth of the India electrosurgical devices market over the forecast period. Minimally invasive surgeries utilize specialized instruments and devices through small incisions instead of traditional open surgeries. This minimizes scarring, blood loss, recovery time, and risk of surgical site infection. Moreover, they offer improved cosmetic results and faster return to normal activities. Therefore, the rising preference for minimally invasive techniques among patients and surgeons will propel the demand for electrosurgical devices for applications such as laparoscopy and arthroscopy.

SWOT Analysis

Strength: The India Electrosurgical Devices Market has a large patient pool that requires electrosurgical procedures for various medical applications. This ensures continuous demand for electrosurgical devices in the country.

Weakness: High pricing of advanced electrosurgical devices make it unaffordable for many consumers. Lack of awareness regarding different electrosurgical devices is also an issue.

Opportunity: Increasing healthcare expenditure and focus on upgrading healthcare infrastructure offer scope for market expansion. Rising medical tourism is another growth driver.

Threats: Availability of alternative treatment modalities and intense competition among existing players can negatively impact business growth. Strict regulations delay product launches.


Key Takeaways

The India Electrosurgical Devices Market Size  is expected to witness high growth over the forecast period owing to rising disease prevalence, aging population and rapid increase in medical tourism. The growth of organized private healthcare sector and rising per capita healthcare expenditure also support market expansion. The global India Electrosurgical Devices Market is estimated to be valued at US$ 229.95 Mn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030.

Regional analysis: The southern region dominates the Indian Electrosurgical Devices Market due to presence of major hospitals. However, northern region is growing at a faster pace led by improvement in healthcare infrastructure and increasing access.

Key players: Key players operating in the India Electrosurgical Devices Market are Caterpillar Inc., Cummins Inc., Generac Power Systems Inc., Kohler Co., MTU Onsite Energy Corporation, Himoinsa S.L., Atlas Copco AB, Mitsubishi Heavy Industries Ltd., Briggs & Stratton Corporation, Schneider Electric SE, Eaton Corporation, Aggreko plc, Wärtsilä Corporation, Yanmar Co. Ltd., and Doosan Corporation. These companies compete based on product quality, innovation, and service.

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