Electrosurgical Generators Market Analysis

Electrosurgical Generators Market Analysis

Bipolar electrosurgical generators market is anticipated to witness 7.9% growth rate through 2025 led by technological advancements along with precise output. In addition, less damage to the living tissues and overall improved performance delivered by bipolar devices will positively impact the industry value.

Monopolar generators will observe considerable growth during the forecast timeline owing to several application of this type of generators including blend, cut, desiccation, and fulguration. Additionally, technological advancements in generators will increase overall opportunities for the industry revenue.

The dermatology application segment will reach USD 480.3 million by 2025 on account of growing obsession about physical appearance and ways to look young and pleasant has escalated the demand for aesthetic surgeries.  
 

The gynaecology segment valued at USD 105 million in 2018. Electrosurgery is used to coagulate tissue during the gynaecological procedure. Moreover, it also improves the precision of application to avoid unnecessary tissue injury will foster the gynaecology segment growth.
 

Hospitals end-use segment captured 34.5% of the electrosurgical generators market share in 2018 due to the easy availability of electrosurgical generators and a large number of surgical procedures carried out in the hospital setting.
 

Ambulatory surgical centers are predicted to expand at a CAGR of 10% till 2025 impelled by growing preference for ambulatory surgical centers to avoid overnight stay post-surgery and increasing number of minimally invasive surgeries. Ambulatory surgical centers offer high-quality treatment at lower prices as compared to surgical treatment offered by private clinics will further add to the market value during the forecast period.
 

In 2018, Germany electrosurgical generators market captured for over 25% revenue share of Europe region. Well-formed healthcare infrastructure and increasing number of surgeries will positively impact the regional. Furthermore, high technological adoption, increasing disposable income as well as growing healthcare expenditure will propel the market growth.
 

U.S. electrosurgical generators industry is estimated to grow at 7.7% CAGR from 2020 to 2026. The market is growing exponentially owing to increasing demand for minimally invasive surgeries.