(PharmaNewsWire.Com, October 08, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Electrosurgical Generators market for 2018-2023. 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. 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. Over the next five years, this report projects that Electrosurgical Generators will register a 2.8% CAGR in terms of revenue, reach US$ 3450 million by 2023, from US$ 2920 million in 2017. This report presents a comprehensive overview, market shares, and growth opportunities of Electrosurgical Generators market by product type, application, key manufacturers and key regions. To calculate the market size, this report considers value and volume generated from the sales of the following segments: Segmentation by product type: Monopole Bipolar Segmentation by application: Hospital Ambulatory Surgery Center Others This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Medtronic DePuy Aesculap Olympus Cooper Surgical Karl Storz Union Medical ERBE ACOMA LED SPA Soering Wallach AtriCure Eschmann Ethicon Utah Medical Ellman KLS Martin Lamidey Bovie Meyer-Haake IBBAB ConMed Beijing Beilin Shanghai Hutong KINDY ELECTRONIC In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development. Research objectives To study and analyze the global Electrosurgical Generators consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023. To understand the structure of Electrosurgical Generators market by identifying its various subsegments. Focuses on the key global Electrosurgical Generators manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Electrosurgical Generators with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Electrosurgical Generators submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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