August 11, 2020
According to the research report titled ‘U.S. Electrosurgical Generators Market Size By Type, By Application, By End-use, Industry Analysis Report, Application Potential, Competitive Market Share & Forecast, 2020 - 2026’, available with Market Study Report, U.S. electrosurgical generators market is expected to accrue notable returns over 2020-2026.
Rising adoption of minimally invasive procedures, increasing demand for cosmetic surgeries, applicability of electrosurgical generators in a plethora of medical procedures, and innovations in field of electrosurgery are the major growth drivers of U.S. electrosurgical generators market, cites the study.
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Despite the positive outlook of U.S. electrosurgical generators market, the side effects associated with biopolar and monopolar mode of these generators and stringent government regulations for product approval may impede the industry growth over the study period.
For the uninitiated, electrosurgical generators or electrosurgical units (ESUs) are generally used in eye surgeries to cut, dissect, ablate, fulgurate, coagulate or shrink tissue. They are also available with multiple cut options for cutting deeper and wider into the tissue based on increased power. They are also available with multiple cut options for cutting deeper and wider into the tissue based on increased power. These generators are able to produce varied electrical waveforms as per need. Moreover, modern variants of these generators offer manual or automatic power adjustment, and also feature multiple coagulation or fulgeration options. The modern ESUs are also equipped with built-in safety measures to prevent burns during operations.
Based on application reach, cardiac segment is projected to register a y-o-y growth rate of 7% during the forecast period, owing to growing adoption of electrosurgical generators for treatment of sensitivity in nerve and cardiac muscle cells.
Dental segment is likely to gain decent traction in the coming years as ESUs can be use utilized to recontour Gingiva for functional, cosmetic, and physiological purposes.
Neurology segment share is driven by new indications and increasing complexities in neurosurgery demanding the use of electrosurgical generator. The use automated electrosurgical generators allow safe use of small and flexible tools for achieving micro cuts and micro coagulations in the brain.
Elaborating on the end-use spectrum, U.S. electrosurgical generators market is divided into hospitals, clinics, ambulatory surgical centers, and others. Among these, clinics segment garnered a valuation of USD 190 million in the recent past, attributable to widespread use of electrosurgical devices in dermatology, ophthalmic, and dental clinics.
Leading organizations in U.S. electrosurgical generators market are CONMED Corp., Erbe Elektromedizin GmbH, Cooper Surgical, Inc., Elliquence, Medtronic plc, Johnson and Johnson (Ethicon), Olympus Corp., Medtronic plc, Utah Medical Products, Inc., Symmetry Surgical Inc. (Bovie), and Smith & Nephew.