Competitive Strategy for the Electrosurgery Industry-Increasing Demand with Leading Player, Comprehensive Analysis, Forecast
The electrosurgery industry was estimated to be worth USD 6.52 billion in 2023 and is expected to increase at a rate of 6.1% per year to reach USD 9.87 billion by 2030. Due to an aging population, increased desire for minimally invasive procedures, and technical improvements, the global electrosurgery market is expanding significantly. By utilizing broad product portfolios, innovation-driven tactics, and solid industry positions, the competitive strategy for the electrosurgery sector—which comprises major competitors like Ethicon and Medtronic—dominates.