Global Surgical Generators Market by Type (Electrosurgical RF Generators, Electro-Cautery Generators, Ultrasonic Generators And Argon Plasma Coagulation Generators) – Analysis & Forecast to 2019
Surgical generators are units that supply high-frequency electrical current to operate energy-based instruments at the time of surgery. It facilitates surgeries by supplying the high frequency electrical current required to use many surgical accessories.
The global surgical generators market is expected to grow significantly. This market is driven by major factors, such as increase in bariatric surgeries, increasing use of minimally invasive surgeries, technological advancements in electrosurgical devices and rise in aging population. However, the nonconductive health care system, product recalls and reimbursement scenario are some factors limiting or challenging market growth.
The report – Global surgical generators market is analyzed and segmented on the basis of type of surgical generators and geography.
On the basis of type, the market is segmented into four major segments: Electrosurgical RF generators, Electro-cautery generators, Ultrasonic generators and Argon plasma coagulation generators.
On the basis of Geography, the Global surgical generators market report studies major regions, such as North America, Europe, Asia-Pacific and Rest of the world (RoW).
The global surgical generators market was dominated by North America in 2014, followed by Europe, and Asia. The trend is expected to be continued in the near future and North America will continue to lead in the coming years, owing to rapid adoption of technological advancements by the domestic market players, rising number of surgical centers and increasing number of surgical procedures in the North American countries.
The Asia-Pacific region is the fastest growing market due to factors such as increasing government initiatives for modernization of healthcare infrastructure and improvements in healthcare insurance coverage.
The major players profiled in the global surgical generators market report include, Covidien plc (Ireland), Olympus Corporation (Japan), ERBE Elektromedizin GmbH (Germany), ConMed Corporation (New York), Medtronic (Republic of Ireland), B. Braun Melsungen AG (Germany) and a few others.
This report covers the definition, description, and forecast of the Global surgical generators market. It involves detailed analysis of the market segmentation, which comprises product, geography and end user, along with strategic analysis of the key players in this market. It presents in-depth competitive landscape covering major developments in the region for last four years (2012 to 2015), and also the region specific company share analysis for the year 2014.