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Download Free sampleThe global Electrosurgical Generators market was valued at 3228.57 Million USD in 2021 and will grow with a CAGR of 2.86% from 2021 to 2027, based on Research newly published report.
The prime objective of Electrosurgical Generators Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Electrosurgical Generators Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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 blood loss. Electrosurgical devices are frequently used during surgical operations helping to prevent blood loss in hospital operating rooms or in outpatient procedures.The global average price of electrosurgical generators is in the decreasing trend, from 13.60 K USD/Unit in 2012 to 12.78 K USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years. The classification of electrosurgical generators includes bipolar and monopolar, and the proportion of bipolar in 2016 is about 62%, and the proportion is increasing from 2012 to 2016. Electrosurgical generators are widely used in hospital, ambulatory surgery center and other field. The most proportion of electrosurgical generators is hospital, and the consumption proportion in 2016 is about 52%. North America region is the largest supplier of electrosurgical generators, with a production market share nearly 30% in 2016. Europe is the second largest supplier of electrosurgical generators, enjoying production market share nearly 27% in 2016. North America is the largest consumption place, with a consumption market share nearly 38% in 2015. Following USA, Europe is the second largest consumption place with the consumption market share of 27%. Market competition is intense. Medtronic, DePuy, Aesculap, Olympus, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
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