As per the DelveInsight Analysis of the surgical energy generators market, the increase in demand for surgical energy generators is predominantly attributed to the spike in chronic disorder cases reported worldwide. In addition, the rising prevalence of benign prostatic hyperplasia and cancers, the escalating burden of geriatric patients, and technological advancements in product development, design improvement, and others are anticipated to drive the global surgical energy generators market during the forthcoming years.
DelveInsight’s Surgical Energy Generators Market Insights report provides the current and forecast market, forthcoming device innovation, individual leading companies’ market shares, challenges, surgical energy generators market drivers, barriers and trends, and key surgical energy generators companies in the market.
Surgical Energy Generators
An electrosurgical generator is a component of the electrosurgical unit, which is a device that uses high-frequency (HF) electrical currents to cut or coagulate tissue during surgery, known as electro surgery. It consists of an electrosurgical generator that transforms electrical energy into HF current.
The surgical energy generators market is gaining momentum at present owing to the surge in various disorders such as benign prostatic hyperplasia cases and skin cancers across the globe.
Surgical Energy Generators Market Insights
Geographically, the global surgical energy generators market is studied for North America, Europe, Asia-Pacific, and the Rest of the World. In terms of the largest market share, North America is expected to amass a significant revenue share in the global surgical energy generators market during the forecast period. This can be ascribed to the interplay of various factors, such as the increasing prevalence of orthopedic disorders such as arthritis and the presence of a supportive regulatory environment in terms of product approval. Furthermore, the rising number of geriatric patients, increasing prevalence of periodontal diseases, and rising awareness among people regarding disease management will propel the surgical energy generators market. Additionally, the presence of key manufacturers in the region are certain factors that are expected to contribute to the growth of the North American surgical energy generators market.
To know more about why North America is leading the market growth in the surgical energy generators market, get a snapshot of the report Surgical Energy Generators Market Trends
Recent Developments in the Surgical Energy Generators Market Report
- In October 2021, Boston Scientific Corporation announced the acquisition of Baylis Medical Company Inc thereby providing an opportunity for Boston Scientific Corporation to expand its electrophysiology and structural heart portfolio.
- In May 2019, Olympus launched the ESG-150 Electro surgery Generator (ESG-150) after receiving product approval from the US Food and Drug Administration.
- Thus, owing to such developments in the market, there will be rapid growth observed in the surgical energy generators market during the forecast period.
To read more about the latest highlights related to surgical energy generators, get a snapshot of the key highlights entailed in the Surgical Energy Generators Market Landscape
Key Players in the Surgical Energy Generators Market
The leading surgical energy generators companies such as Medtronic, Olympus., CONMED Corporation, Symmetry Surgical Inc., Applied Medical Resources Corporation, ERBE GmbH, Kirwan Surgical Products, LLC, KARL STORZ GmbH, Sutter Medizintechnik GmbH, Johnson & Johnson Medical N.V, STARmed Co., Ltd., CooperSurgical, Inc., MEDGYN PRODUCTS, INC, Stryker, Boston Scientific Corporation, Bramsys, RF Medical Co., Ltd, OSYPKA AG, Avanos Medical, Inc., AngioDynamics, and others are currently dominating the surgical energy generators market.
COVID-19 Impact Analysis on the Surgical Energy Generators Market
The global surgical energy generators market is expected to witness appreciable growth owing to the growing prevalence of chronic disorders such as cardiovascular disorders, diabetes, among others. Additionally, the increasing number of cases of various cancers, such as skin cancer, will drive the demand for surgical energy generators globally. This has further resulted in an increased interest among manufacturers in developing and launching new surgical energy generators, further helping the surgical energy generators market to grow.
Additionally, the unprecedented COVID-19 pandemic hampered the surgical energy generators market. This was owing to the implementation of stringent regulations by most nations globally to curb the spread of infection. Moreover, owing to the shift in focus on preserving health system capacity and also protecting high-risk patients from exposure to the virus, patients suffering from other diseases faced increased challenges in accessing care. This show that the impact of the COVID-19 pandemic led to disruptions in surgical energy generator uses and demand. However, the market of surgical energy generators is on the path to recovery with the resumption of diagnosis and treatment as the masses are being vaccinated.
Scope of the Surgical Energy Generators Market Report
- Coverage: Global
- Study Period: 2019–2027
- Market Segmentation By Product Type: Monopolar Generators, Bipolar Generators and Combination Generators
- Market Segmentation By Application: Cardiology, Gynecology, Ent, Bariatric, Orthopedic, and Others
- Market Segmentation By End User: Hospitals, Specialty Clinics, and Others
- Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of World
- Key Surgical Energy Generators Companies: Medtronic (NYSE: MDT), Olympus (OTCMKTS: OCPNY), CONMED Corporation (NYSE: CNMD), Symmetry Surgical Inc., Applied Medical Resources Corporation, ERBE GmbH, Kirwan Surgical Products, LLC, KARL STORZ GmbH, Sutter Medizintechnik GmbH, Johnson & Johnson Medical N.V (NYSE: JNJ), STARmed Co., Ltd., CooperSurgical, Inc., MEDGYN PRODUCTS, INC , Stryker (NYSE: SYK), Boston Scientific Corporation (NYSE: BSX), Bramsys, RF Medical Co., Ltd, OSYPKA AG, Avanos Medical, Inc. (NYSE: AVNS), AngioDynamics (NASDAQ: ANGO), among others
- Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View
DelveInsight Analysis: The surgical energy generators market size is expected to grow at a CAGR of 3.37% during the forecast period (2022–2027).
Which MedTech key players in the surgical energy generators market are set to emerge as the trendsetter explore @ Surgical Energy Generators Companies
Table of Contents
| 1 | Surgical Energy Generators Market Report Introduction |
| 2 | Surgical Energy Generators Market Executive summary |
| 3 | Regulatory and Patent Analysis |
| 4 | Surgical Energy Generators Market Key Factors Analysis |
| 5 | Porter’s Five Forces Analysis |
| 6 | COVID-19 Impact Analysis on Surgical Energy Generators Market |
| 7 | Surgical Energy Generators Market Layout |
| 8 | Global Company Share Analysis – Key 3-5 Companies |
| 9 | Company and Product Profiles |
| 10 | Project Approach |
| 11. | About DelveInsight |
Interested in knowing how the surgical energy generators market will be growing by 2027? Click to get a snapshot of the Surgical Energy Generators Market Analysis
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