Electrosurgical Generators Market Size, Demand and Analysis Report to 2027
The Electrosurgical Generators Market report, at first, has given a brief understanding of the industry through basic overview. This overview includes the market definition, key applications of the product, and the recent manufacturing technology employed for such production. The global Electrosurgical Generators market has been analyzed in detail to gain an understanding of the competitive landscape, key regional status, and recent trends noted in the relevant industry.
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During Electrosurgery high-frequency electric current is used, but electric current may cause damage to the surrounding tissues and may lead heavy blood loss. So, to prevent heavy blood lost electrosurgical generators are used. These are classified into two types such as monopolar and bipolar. Electrosurgical generators have wide range of benefits such as less invasive, swift post-surgery recovery, and cause minimum infection.
Market Drivers
Increase in preference for minimally invasive procedures as well as increase in prevalence of chronic diseases like cancer and kidney diseases considered as key driving factors which are expected to boost the global electrosurgical generators market growth. According to WHO (World Health Organization) cancer is leading cause of death globally, around 8.8 million deaths in 2015. Furthermore, rapid geriatric population and increase in awareness among people will have the positive impact on market growth. Moreover, increase in technological advancements in electrosurgical generators will drive the market growth. For instance, in May 2019, Olympus had launched its new ESG-150 electrosurgical generator which supply high frequency electrical current that powers many endoscopic devices.
Market Restraints
However, availability of other non-invasive ways of surgery is the restraining factor which is expected to hinder the global electrosurgical generators market growth.
Market key Players
Various key players are discussed in this report such as Medtronic Plc, CONMED Corporation, Olympus, Erbe Elektromedizin GmbH, Symmetry Surgical, Inc. (Bovie), Ethicon (J&J), and DePuy
Market Taxonomy
By Type
- Monopolar
- Bipolar
By Application
- Optical
- Dermatology
- Cardiac
- Dental
- ENT
- Urology
- Neurology
- Others
By End User
- Hospitals
- Ambulatory Surgical Centers
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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