The economic effect of surgical care is anticipated to account $20 billion in the year 2030, with approximately 33 million people facing catastrophic health expenditure due to high costs of surgeries. Further, rising demands for minimally invasive surgeries are striking up the electrosurgical devices market. Therefore, to meet the emerging requirements in the healthcare industry, electrosurgical devices are becoming the indispensable solution. According to the latest market intelligence report by BIS Healthcare titled, ‘Global Electrosurgical Devices Market- Analysis and Forecast (20117-2023)’, the market was estimated at $2.64 million in the year 2016 and is expected to reach a value of $4.33 billion by the year 2023. This significant market growth is attributed to the increasing demand for minimally invasive surgeries, increasing geriatric population with higher life expectancy, and new product launches by the prominent companies.