Surgical generators – A specific analysis for the BRIC economies: Ken Research
The surgical generators global market is lead by new technological advancement, increasing demand for minimally invasive procedures, and incidence of surgeries. It drives path breaking technological innovations that are making surgeries safer and less destructive. However, the lack of skilled professionals is one of the major roadblocks for this market. Despite this, the global surgical generators market has been growing at a healthy rate and is expected to continue on this rapid growth path. The Global surgical generators market can be dissected into product type, end-user, application and region. In terms of the product type, the two classifications include‘ground referenced generators’ and ‘isolated generators’. The end-users of the market can be classified into hospitals, specialty clinics, ambulatory surgery centers and others. In terms of application, the global surgical generators market can be categorized into cardiovascular surgery, dermatology surgery, neurological surgery, oncology, urological surgery, and others. Further, the surgical generators market is geographically divided into seven key regions, namely North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. Of these, North America holds the largest share in the global surgical generators market, followed by Europe but it is the Asia Pacific market which is expected to grow at the highest rate because of rising prevalence of chronic diseases, growing awareness among people, health care insurance coverage, increasing health care expenditure, and consistent government efforts to increase population access to elective surgery and boost healthcare infrastructure in the region. Also notable is the presence of Latin America, Middle East and Africa, which are set to create large opportunities due to the promise of investment by multinational companies, increasing private health care insurance coverage, and rising per capita expenditure in these regions. The report titled, “BRIC surgical generators market outlook to 2023”, provides key market data on the BRIC surgical generators market and provides value (in millions of US dollars), volume (in units) and average prices (in US dollars) for the years 2009 to 2016 and forecasts the sameup to 2023, individually for each of the BRIC nations, i.e. Brazil, China, India and Russia along with an overall coagulated analysis of BRIC for the same parameters.