Electrosurgery Industry Poised for Growth - Market Leaders, Strategic Moves, and New Investments Drive Innovation
Electrosurgery Industry Overview
The electrosurgery Industry is expected to reach USD 9.87 billion by 2030, registering a CAGR of 6.1% during the forecast period, according to a new report by Grand View Research, Inc. The growth of this market can be attributed to technological advancements along with an increasing demand for minimally invasive surgical procedures. This press release summarizes key takeaways from the industry such as key players by market share, recent M&As, company developments, and new funding or investments.
Top 5 Companies by Market Share
Johnson & Johnson (Ethicon): One of the world’s foremost giants in medical devices, Johnson & Johnson’s subsidiary company, Ethicon, focuses in surgical technologies including electrosurgical units. The application of a wide range of products and the constant technological innovation have made them a leading player.
Medtronic Plc: A leading provider of innovatively engineered electrosurgical instruments, Medtronic has established a strong reputation for high-quality products across multiple surgical specialties. They have managed to hold a sizable market share by investing heavily into research and development.
Olympus Corporation: Olympus has established prominence in the field of medical devices, offering cutting-edge electrosurgical products, with an emphasis on endoscopic applications. They have been able to establish a large market share because of their focus on precision and minimally invasive procedures.
B. Braun Melsungen AG: A German medical & pharmaceutical company with a wide selection of electrosurgical devices. They are committed to ensuring quality and safety for all patients, which makes them a leading electrosurgery company in the industry.
Boston Scientific Corporation — Focused on medical devices across multiple sectors, Boston Scientific’s electrosurgical devices play a vital role in many surgical procedures. After all, they are one of the top five players in the market by virtue of their global reach and their unique approach.
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Top Mergers and Acquisitions News Latest Mergers & Acquisitions News
Notable mergers and acquisitions in the electrosurgery industry with the aim to strengthen product offerings and offer a wider range of products are as follows:
Johnson & Johnson To Acquire V-Wave: Johnson & Johnson in August 2024 announced its intent to acquire V-Wave, a maker of medical devices focused on the management of heart failure, for up to $1.7 billion. This move means to expand Johnson & Johnson's foothold in the heart disease device market.
Aspen Surgical Acquires Symmetry Surgical: In November 2024, Aspen Surgical Products, Inc., a driving force in the development of single-use surgical products, announced the acquisition of Symmetry Surgical. For its part, this marks Aspen's 15th total acquisition and its sixth acquisition since 2019, as it looks to strengthen its surgical product portfolio.
There have been major developments in the electrosurgery market recently:
Focus on J&J: Johnson & Johnson Spinning Off Stroke Care Business; Expects More Than $1B in Valuation After Investment Johnson & Johnson put its stroke care business, Cerenovus, on the selling block in February 2025, targeting a potential valuation of more than $1 billion. This comes as part of the company's strategic revamp of its medical technology division.
EQT's Bid for Device Technologies: In February 2025, Swedish private equity firm EQT showed interest in acquiring medical technology service provider Device Technologies, with a sale process expected to begin at the end of March and at least $1 billion-plus. This potential purchase highlights the appeal of the medical technology industry.
New Funding and Investments
Multiple firms in the electrosurgery space have raised fresh capital to pursue innovation and growth:
New Funding for Alesi Surgical: On September 2024, Alesi Surgical announced that it has received FDA 510(k) clearance in September 2024 for its Ultravision2 IonPencil, a device utilized for cutting and coagulating soft tissue in open surgery, all while handling surgical smoke In addition to this regulatory achievement, the company also obtained new funding to advance its product development and market expansion initiatives.
Tokamak Energy –$125 Million Funding: In December 2024 British fusion developer Tokamak Energy raised $125 million, on the needs of the power demands of the AI revolution. This investment demonstrates an increasing trend of the medical technology sector to recognize a role for advanced energy solutions in improving the future of medicine.
Such events demonstrate how electrosurgery is an ever-evolving industry, with leading companies looking for ways to innovate, grow and improve patient outcomes via strategic initiatives.
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