Title: U.S. Electrosurgical Generators Market statistics and research analysis released in latest report
1U.S. Electrosurgical Generators Market Growth
Drivers in 2020 Challenges by 2026
- Rising number of surgical procedures due to
increasing prevalence of several diseases has
provided momentum to U.S. electrosurgical
generators market growth. Surgeons and clinicians
in the U.S. are extensively preferring minimally
invasive surgeries (MIS), which is a key factor
favoring industry growth. In addition, easy
accessibility of advanced healthcare
infrastructure and high-end technologies in the
region has significantly escalated U.S.
electrosurgical generators industry size. - Healthcare professionals are shifting their
preference towards minimally invasive surgeries
(MIS) owing to the several benefits, such as
reduced blood loss, faster recovery as compared
to traditional surgeries. Electrosurgical
generators are highly being incorporated with MIS
due to fewer chances of infection, lower risk to
patients, ease of usage, and faster recovery.
Also, the field of electrosurgery is witnessing
numerous technological developments, which will
foster U.S. electrosurgical generators market
growth.
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2- A comprehensive research report published by
Global Market Insights, Inc., suggests that U.S.
electrosurgical generators market size is set to
exceed 1.2 billion by 2026.
- Electrosurgical generators are available in two
types, namely monopolar and bipolar generators.
In 2019, the monopolar electrosurgical generator
segment contributed with around 295 million to
the total U.S. electrosurgical generators
industry. The segment is expected to witness
remarkable growth in the coming years due to
surging demand for monopolar generators in major
surgeries. In monopolar generators, active and
return electrodes are attached to the patient and
are operated by applying current to the damaged
tissue. This process involves less risk of
complications or tissue damage and possesses the
capability to coagulate the fluid, regardless of
the surgery medium.
- The volume of surgical treatments is increasing
in the U.S. due to rising incidence rate of many
diseases. This has encouraged hospitals to
install technologically advanced equipment and
maintain well-developed infrastructure. Hospitals
are extensively adopting electrosurgical
generators to avoid damages burns during
surgeries and maintain patient safety. U.S.
electrosurgical generators market share from the
hospital segment is expected to accumulate around
350 million by 2026.
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4- Intensifying demand for electrosurgical
generators in the U.S. has motivated several
notable industry participants to adopt various
business strategies, such as mergers, product
launches, and acquisitions. For instance, in
2019, Olympus Corporation rolled out ESG-150
Electrosurgery Generator to improve patient
safety and increase ease of use.
- Some other prominent U.S. electrosurgical
generators business participants are Medtronic,
Erbe, Bovie, Elliquence, Smith Nephew, Utah
Medical Products, Cooper Surgical, and Conmed.
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