According to the research report titled ‘Electrosurgical Generators Market Size By Type (Bipolar, Monopolar), By Application (Optical, Gynaecology, Dermatology, Cardiac, Dental, ENT, Maxillofacial, Orthopaedic, Urology, Neurology), By End-use (Hospitals, Ambulatory Surgical Centers, Clinics), Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’, available with Market Study Report, global electrosurgical generators market valuation is expected to reach USD 2.5 billion by the year 2025.
 

Report findings suggest that rapid technological advancements in electrosurgery, widespread preference for minimally invasive procedures, and rising volume of surgeries such as cosmetic procedures are stimulating worldwide electrosurgical generators market growth.
 

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Moreover, expanding geriatric population base, and increasing levels of disposable income are propelling overall industry remuneration. Surging incidence of orthopedic injuries and road accidents, and multifarious benefits of electrosurgical generators such as low infection risk, quicker recovery time, and ease of use will also positively sway the industry dynamics.
 

On the contrary, strict government regulations for product approval, and side effects associated with using bipolar and monopolar modes are likely to impede market progression over the analysis timeframe.
 

Based on product type, bipolar segment captured 60% revenue share in 2018 and is estimated to grow substantially over the forecast period. Technological advancements in bipolar electrosurgical generators which deliver precise output and reduced damage to living tissues are promoting segmental growth.
 

Considering the application-based segmentation of global electrosurgical generators industry, optical segment is expected to be worth USD 462.5 million by 2025. This can be ascribed to increasing prevalence of eye-related diseases, and surging demand for electrosurgery in ophthalmic procedures for dissecting, cutting, fulgurating, coagulating, shrinking, and ablating tissues.
 

Moving on to end-user spectrum, ambulatory surgical center segment is projected to witness 10% CAGR over the assessment period, owing to preference for these settings among patient population, superior quality treatment at lower price points, and non-requirement of post-surgical hospital stay.
 

From a regional frame of reference, India industry is estimated to be valued at USD 119.7 million by 2025. This can be accredited to rising adoption of cosmetic procedures, increasing number of elderly individuals suffering from chronic illnesses, and rapid development of healthcare infrastructure throughout the nation.
 

Prominent players in global electrosurgical generators market sphere are Utah Medical Products Inc., Elliquence LLC, Olympus Corp., Smith & Nephew plc, Ethicon (Johnson & Johnson Medical Devices Companies), Erbe Elektromedizin GmbH, CooperSurgical Inc., Conmed Corp., Symmetry Surgical Inc., and Medtronic plc.