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Global Electrosurgical Generator Market was Valued 1.58 Billion USD in 2017

Author: QYResearch | Publish date: 2018-06-01 | Views: 122
Electrosurgical Generator is the application of a high-frequency electric current to biological tissue as a means to cut, coagulate, desiccate, or fulgurate tissue. Its benefits include the ability to make precise cuts with limited blood loss. Electrosurgical devices are frequently used during surgical operations helping to prevent blood loss in hospital operating rooms or in outpatient procedures.

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In the last several years, global market of electrosurgical generators developed smoothly, with an average growth rate of 5.7%. In 2017, global revenue of electrosurgical generators is nearly 1580 M USD; the actual production is about 220 K units. Globally, technological advancement in healthcare practices and increasing preference towards MIS are expected to remain the key growth drivers for the electrosurgical generator units during the period of study.

 

The classification of electrosurgical generators includes Monopole Electrosurgical Generator, Bipolar Electrosurgical Generator and Vessel Sealing Generator, and the proportion of Bipolar Electrosurgical Generator in 2017 is about 52.3%, and the proportion is increasing from 2012 to 2016.

 

Electrosurgical generators are widely used in Open Surgery and Minimally Invasive Surgery. The most proportion of electrosurgical generators is Open Surgery, and the consumption proportion in 2017 is about 67.7%.

 

North America is the largest consumption place, with a consumption market share nearly 40.6% in 2017 driven by world class healthcare infrastructure with technological advanced practice, higher spending by citizens of the region on healthcare, favorable government policies, higher number of operations in the regions and presence of key industry players in the region. Following North America, Europe is the second largest consumption place with the consumption market share of 29.1%. Asia Pacific is projected to have the fastest growth, owing to a rapidly developing medical infrastructure, increasing spending on healthcare and growing medical tourism in developing nations such as China and India in this region.

 

Market competition is intense. Medtronic, J &J (DePuy & Ethicon), B. Braun (Aesculap), ConMed, Olympus, ERBE, etc. are the leaders of the industry. They hold the key technologies and patents, with high-end customers. They have formed global market channel of the industry. However, with the future expanding market, there will be more manufacturers in the future.

 

The Global Electrosurgical Generator Market Research Report 2018 report released by QYResearch provides a basic overview of the Electrosurgical Generator industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

 

The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Electrosurgical Generator industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

 

Click to view the full report

https://www.qyresearch.com/index/detail/395263/electrosurgical-generator-report-on-global-and-united-states-market


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