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A bipolar generator is an electrosurgical generator applying a high-frequency electric current to biological tissue as a means to coagulate, cut, desiccate, or fulgurate tissue. These generators are generally used with bipolar forceps. These electrosurgical generators produce various electric current types so that monopolar electrosurgery or bipolar electrosurgery can be performed efficiently depending upon the specific surgery type. Thus, there is a need for these generators in electrosurgery, through which a high-frequency electric current can be produced. The increased amount of government spending in the healthcare sector and new technological advances in electrosurgery will propel the market's growth during the projected period.
The bipolar generator market is witnessing high demand due to the rising popularity of cosmetic surgeries and the increased bariatric surgeries. In addition, the growing amount of government spending in the healthcare sector and the new technological advances in electrosurgery will positively enhance the growth of the bipolar generator market.
The factor that is expected to inhibit the market's growth is the intense competition among the leading market players. Due to this, investors from various end-use industries find it difficult to invest the amount for these generators, which in turn hampers the growth of the bipolar generator market.
North America is expected to dominate the market and grow significantly during the forecast period, owing to the rapid technological advancements in electrosurgery in the region. In addition, the rising popularity of bipolar generators in cosmetic surgeries positively enhances the market growth for the region. The U.S. holds the major share in the market and dominates the market for the region, followed by Canada.
The Bipolar Generator Market is expected to take a small amount of time before recovering from the impact of the COVID-19 pandemic due to a reduction in plastic surgeries and laparoscopies with minimally invasive techniques due to the increased risk of COVID-19 infection during the process.
Although the cosmetic healthcare industry is slowly recovering due to the reduction of the COVID-19 threat due to mass vaccination, the demand for the bipolar generator is projected to grow slower due to the changed consumer behavior towards cosmetic procedures.
The report will cover the following key insights:
Based on the type, the market is segmented into standard bipolar forceps generators and others. The standard bipolar forceps generator dominates the market and is expected to grow significantly during the forecast period. This is attributed to the increasing number of new and innovative product lines in electrosurgery by focusing on R&D and best-in-class manufacturing practices. In electrosurgical generators, MICRO delivers consistent power to provide a tissue effect designed for all standard bipolar applications, boosting the market growth for this segment.
Europe is a major market for bipolar generators, owing to several key players in the region. In addition, the government in the region spending a significant amount on the health care sectors, which boosts the market for bipolar generators in the region. Major countries contributing to the European market are U.K., France, Germany, Italy, Spain, and Russia. The Asia Pacific is expected to grow in an analyzed time frame, owing to the demand coming from emerging economies of the region. Implementing new technologies in the healthcare sector gives rise to the demand for bipolar generators in the region. Major countries contributing to the region are China, Japan, South Korea, India, and Australia. Furthermore, the major demand for Latin America comes from Brazil, followed by Mexico.
The report will include profiles of key players such as Medtronic, DePuy, Aesculap, Olympus, Cooper Surgical(Wallach), Karl Storz Endoscopy-America inc., Union Medical Group, Erbe USA Incorporated, Acoma, LED SpA, Soering, Eschmann, and AtriCure, Inc.
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