Advanced Bipolar Direct Energy Devices Market - Forecast(2024 - 2030)
Advanced Bipolar Direct Energy Devices Market Overview
Advanced
Bipolar Direct Energy Devices Market size is projected to reach $3.7 billion by
2026, growing at a CAGR of 7.4% during the forecast period 2021-2026. Advanced
Bipolar Direct Energy Devices are mainly used in treating skin injuries and for
treatment in gastroenterology and gynaecological surgeries. These devices also
provide better control over targeted areas and prevent damages of the sensitive
parts of the tissue and reduce the risk of burns. These devices have an independent
activation of accessories and monitory systems to reduce the risk of burn and
generate heat for explosive vaporization for tissue, which increased its demand
from surgeons. The increasing number of laparoscopic surgeries is increasing
the demand for advanced bipolar direct energy devices. Moreover, the rise in the
demand for invasive surgeries and advanced features such as low voltage current
used for coagulation and cutting off large bleeding areas are driving the market
growth.
Advanced Bipolar Direct Energy Devices Market Report Coverage
Key Takeaways
- Geographically, North American Advanced Bipolar
Direct Energy Devices Market accounted for the highest revenue share in 2020
and it is poised to dominate over the period 2021-2026 owing to the increased incidence of laparoscopic
surgeries coupled with the modern health care facilities in the region.
- The growing demand for electrosurgical generator
systems and increase in the adoption of bipolar energy devices in laparoscopic
surgeries across the globe are driving the growth of the market.
- Lack of skilled medical personnel is one of the major factors that is set to reduce the growth of the Advanced Bipolar Direct Energy Devices Market.
- Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Advanced Bipolar Direct Energy Devices Market report.
Advanced Bipolar Direct Energy Devices Market Segment Analysis - By Product
The Advanced Bipolar Direct
Energy Devices Market based on the Product can be further segmented into Electrosurgical
Generator Systems and Bipolar Electrosurgical. The electrosurgical Generator systems segment held the largest share in 2020 and is also estimated to be the
fastest-growing segment with a CAGR of 7.8% over the period 2021-2026. The
growth is owing to its various benefits such as less operating time, reduces
bleeding, cost-effective compared to laser surgery, and requires less
postoperative recovery time. The bipolar Electrosurgical segment is likely to grow
fastest over the forecast period, owing to its precise application of energy to
small and sensitive areas. This is especially effective in microvascular
surgery, micro nerve surgery, and plastic surgery procedures, which is a major
factor driving the market for the Bipolar Electrosurgical segment.
Advanced Bipolar Direct Energy Devices Market Share, By Product, 2020, ($M)
Advanced Bipolar Direct Energy Devices Market Segment Analysis - By End User
The Advanced Bipolar Direct
Energy Devices Market based on the End User can be further segmented into Hospitals,
Clinics, and Ambulatory Care Centers. The hospital segment held the largest share
in 2020 owing to the increasing number of gynecological and gastrointestinal
surgeries being performed in hospitals. Moreover, hospitals have a separate
electrosurgical unit, known as Electrosurgical Units (ESU), which includes
electrical equipment used in laparoscopic surgeries, such as gynecological and
gastrointestinal surgeries. In addition, the availability of specialized and
highly skilled surgeons further boosts the segment growth. Ambulatory Care
Centers segment is estimated to be the fastest-growing segment with a CAGR of 7.9%
over the period 2021-2026. This is owing to the increasing demand for
outpatient surgery centers as they provide superior healthcare services and
affordable treatment for patients.
Advanced Bipolar Direct Energy Devices Market Segment Analysis - By Geography
The Advanced Bipolar Direct Energy Devices
Market based on the Geography can be further segmented into North
America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain,
Russia and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea,
Australia & New Zealand and Rest of Asia-Pacific), South America (Brazil,
Argentina and Rest of South America) and Rest of World (Middle East, Africa). North America held the largest share
with 32% of the overall market in 2020. The growth is owing to the increased
incidence of laparoscopic surgeries, awareness of advanced products, and presence
of well-established healthcare facilities. The rapid adoption of technologically
advanced products is further propelling the market growth. In addition, the
increased reimbursement for hardware innovations is likely to have a positive
impact on the regional market. Asia-Pacific is estimated to be the fastest-growing segment over the period 2021-2026 owing to the increasing awareness among surgeons
and demand for gynecological surgeries. A growing target population, the rapid
expansion of the medical tourism market, supportive government initiatives, and the availability of skilled surgeons are several other factors driving market
growth in the Asia-Pacific region.
Advanced Bipolar Direct Energy Devices
Market Drivers
Increase in the Adoption of Bipolar Energy Devices in Laparoscopic Surgeries
The bipolar energy devices help in
better sealing of blood vessels and attaining better burst pressures by providing
compression force in addition to thermal energy. These devices also seal
larger blood vessels as opposed to monopolar devices which are
limited to smaller vessels. This factor is increasing the adoption of bipolar
energy devices in laparoscopic procedures, which in turn is driving the growth
of the market.
Rise in the Demand for Electrosurgical Generator Systems
The Electrosurgical generators can produce
a variety of electrical waveforms and have built-in safety features to prevent
burns from occurring owing to the poor contact between the patient and the
return electrode when using the monopolar mode. These systems are cost
effective as compare to laser surgeries and also requires less post-operative
time for recovery, which is enhancing the growth of the Advanced Bipolar Direct
Energy Devices Market.
Advanced Bipolar Direct Energy Devices Market Challenges
Lack of Skilled Medical Personnel
Advanced bipolar
direct energy devices require skilled surgeons for the independent activation of
accessories and monitoring systems. Moreover, electrosurgical generator systems
produce a variety of electrical waves that need to be evaluated by healthcare
professionals so that adverse local tissue reactions do not occur. The lack of
large-scale availability of such skilled personnel in under developed economies
and developing economies is set to hinder the market growth.
Advanced Bipolar Direct Energy Devices Industry outlook
Product launches, mergers and
acquisitions, joint ventures, and geographical expansions are key strategies
adopted by players in the Advanced Bipolar Direct Energy Devices Market. Key
companies of this market are Medtronic PLC, B. Braun Melsungen AG, Symmetry
Surgical, XCELLANCE Medical Technologies, Karl Storz SE & Co. KG, Olympus
Corporation, Soterix Medical Inc, CONMED Corporation, Sutter Medical
Technologies USA, Symmetry Surgical Inc, BD, and Aesculap, Inc among others.
Acquisitions/Product Launches:
- In 2019, Olympus Corporation has announced the launch of ESG-150 electrosurgery generator designed to ensure patients safety at low effective adjusted power output in endoscopic surgeries, to improve the growth opportunities of Olympus Corporation helping them provide specialized advanced bipolar direct energy device.
Relevant Reports
LIST OF TABLES
1.Global Advanced Bipolar Direct Energy Devices Market:Segment Analysis, by Product, Market 2023-2030 ($M)1.1 Advanced Bipolar Direct Energy devices share market analysis, Market 2023-2030 ($M) - Global Industry Research
1.2 Segment Dashboard Market 2023-2030 ($M) - Global Industry Research
2.Global Advanced Bipolar Direct Energy Devices Market:Segment Analysis, by End Use, Market 2023-2030 ($M)
2.1 Advanced Bipolar Direct Energy devices share market share analysis, Market 2023-2030 ($M) - Global Industry Research
2.2 Segment Dashboard Market 2023-2030 ($M) - Global Industry Research
3.Global Advanced Bipolar Direct Energy Devices Market Competitive Landscape Market 2023-2030 ($M)
3.1 Company/Competition Categorization Market 2023-2030 ($M) - Global Industry Research
3.1.1 List of key distributors and channel partners Market 2023-2030 ($M)
3.1.2 Key customers Market 2023-2030 ($M)
3.1.3 Key company market share analysis, Market 2023-2030 ($M)
3.2 Public Companies Market 2023-2030 ($M) - Global Industry Research
3.3 Private Companies Market 2023-2030 ($M) - Global Industry Research
3.3.1 List of key emerging companies/ technology disruptors/ innovators Market 2023-2030 ($M)
3.4 Key Companies Profiled Market 2023-2030 ($M) - Global Industry Research
3.4.1 Bovie Medical Corporation Market 2023-2030 ($M)
3.4.2 Medtronic Market 2023-2030 ($M)
3.4.3 B.Braun Melsungen AG Market 2023-2030 ($M)
3.4.4 XCELLANCE Medical Technologies Market 2023-2030 ($M)
3.4.5 Olympus Corporation Market 2023-2030 ($M)
3.4.6 Karl Storz Market 2023-2030 ($M)
4.Global Advanced Bipolar Direct Energy Devices Market:Segment Analysis, by Product, Market 2023-2030 (Volume/Units)
4.1 Advanced Bipolar Direct Energy devices share market analysis, Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Segment Dashboard Market 2023-2030 (Volume/Units) - Global Industry Research
5.Global Advanced Bipolar Direct Energy Devices Market:Segment Analysis, by End Use, Market 2023-2030 (Volume/Units)
5.1 Advanced Bipolar Direct Energy devices share market share analysis, Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Segment Dashboard Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Advanced Bipolar Direct Energy Devices Market Competitive Landscape Market 2023-2030 (Volume/Units)
6.1 Company/Competition Categorization Market 2023-2030 (Volume/Units) - Global Industry Research
6.1.1 List of key distributors and channel partners Market 2023-2030 (Volume/Units)
6.1.2 Key customers Market 2023-2030 (Volume/Units)
6.1.3 Key company market share analysis, Market 2023-2030 (Volume/Units)
6.2 Public Companies Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Private Companies Market 2023-2030 (Volume/Units) - Global Industry Research
6.3.1 List of key emerging companies/ technology disruptors/ innovators Market 2023-2030 (Volume/Units)
6.4 Key Companies Profiled Market 2023-2030 (Volume/Units) - Global Industry Research
6.4.1 Bovie Medical Corporation Market 2023-2030 (Volume/Units)
6.4.2 Medtronic Market 2023-2030 (Volume/Units)
6.4.3 B.Braun Melsungen AG Market 2023-2030 (Volume/Units)
6.4.4 XCELLANCE Medical Technologies Market 2023-2030 (Volume/Units)
6.4.5 Olympus Corporation Market 2023-2030 (Volume/Units)
6.4.6 Karl Storz Market 2023-2030 (Volume/Units)
7.North America Advanced Bipolar Direct Energy Devices Market:Segment Analysis, by Product, Market 2023-2030 ($M)
7.1 Advanced Bipolar Direct Energy devices share market analysis, Market 2023-2030 ($M) - Regional Industry Research
7.2 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
8.North America Advanced Bipolar Direct Energy Devices Market:Segment Analysis, by End Use, Market 2023-2030 ($M)
8.1 Advanced Bipolar Direct Energy devices share market share analysis, Market 2023-2030 ($M) - Regional Industry Research
8.2 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
9.North America Advanced Bipolar Direct Energy Devices Market Competitive Landscape Market 2023-2030 ($M)
9.1 Company/Competition Categorization Market 2023-2030 ($M) - Regional Industry Research
9.1.1 List of key distributors and channel partners Market 2023-2030 ($M)
9.1.2 Key customers Market 2023-2030 ($M)
9.1.3 Key company market share analysis, Market 2023-2030 ($M)
9.2 Public Companies Market 2023-2030 ($M) - Regional Industry Research
9.3 Private Companies Market 2023-2030 ($M) - Regional Industry Research
9.3.1 List of key emerging companies/ technology disruptors/ innovators Market 2023-2030 ($M)
9.4 Key Companies Profiled Market 2023-2030 ($M) - Regional Industry Research
9.4.1 Bovie Medical Corporation Market 2023-2030 ($M)
9.4.2 Medtronic Market 2023-2030 ($M)
9.4.3 B.Braun Melsungen AG Market 2023-2030 ($M)
9.4.4 XCELLANCE Medical Technologies Market 2023-2030 ($M)
9.4.5 Olympus Corporation Market 2023-2030 ($M)
9.4.6 Karl Storz Market 2023-2030 ($M)
10.South America Advanced Bipolar Direct Energy Devices Market:Segment Analysis, by Product, Market 2023-2030 ($M)
10.1 Advanced Bipolar Direct Energy devices share market analysis, Market 2023-2030 ($M) - Regional Industry Research
10.2 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
11.South America Advanced Bipolar Direct Energy Devices Market:Segment Analysis, by End Use, Market 2023-2030 ($M)
11.1 Advanced Bipolar Direct Energy devices share market share analysis, Market 2023-2030 ($M) - Regional Industry Research
11.2 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
12.South America Advanced Bipolar Direct Energy Devices Market Competitive Landscape Market 2023-2030 ($M)
12.1 Company/Competition Categorization Market 2023-2030 ($M) - Regional Industry Research
12.1.1 List of key distributors and channel partners Market 2023-2030 ($M)
12.1.2 Key customers Market 2023-2030 ($M)
12.1.3 Key company market share analysis, Market 2023-2030 ($M)
12.2 Public Companies Market 2023-2030 ($M) - Regional Industry Research
12.3 Private Companies Market 2023-2030 ($M) - Regional Industry Research
12.3.1 List of key emerging companies/ technology disruptors/ innovators Market 2023-2030 ($M)
12.4 Key Companies Profiled Market 2023-2030 ($M) - Regional Industry Research
12.4.1 Bovie Medical Corporation Market 2023-2030 ($M)
12.4.2 Medtronic Market 2023-2030 ($M)
12.4.3 B.Braun Melsungen AG Market 2023-2030 ($M)
12.4.4 XCELLANCE Medical Technologies Market 2023-2030 ($M)
12.4.5 Olympus Corporation Market 2023-2030 ($M)
12.4.6 Karl Storz Market 2023-2030 ($M)
13.Europe Advanced Bipolar Direct Energy Devices Market:Segment Analysis, by Product, Market 2023-2030 ($M)
13.1 Advanced Bipolar Direct Energy devices share market analysis, Market 2023-2030 ($M) - Regional Industry Research
13.2 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
14.Europe Advanced Bipolar Direct Energy Devices Market:Segment Analysis, by End Use, Market 2023-2030 ($M)
14.1 Advanced Bipolar Direct Energy devices share market share analysis, Market 2023-2030 ($M) - Regional Industry Research
14.2 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
15.Europe Advanced Bipolar Direct Energy Devices Market Competitive Landscape Market 2023-2030 ($M)
15.1 Company/Competition Categorization Market 2023-2030 ($M) - Regional Industry Research
15.1.1 List of key distributors and channel partners Market 2023-2030 ($M)
15.1.2 Key customers Market 2023-2030 ($M)
15.1.3 Key company market share analysis, Market 2023-2030 ($M)
15.2 Public Companies Market 2023-2030 ($M) - Regional Industry Research
15.3 Private Companies Market 2023-2030 ($M) - Regional Industry Research
15.3.1 List of key emerging companies/ technology disruptors/ innovators Market 2023-2030 ($M)
15.4 Key Companies Profiled Market 2023-2030 ($M) - Regional Industry Research
15.4.1 Bovie Medical Corporation Market 2023-2030 ($M)
15.4.2 Medtronic Market 2023-2030 ($M)
15.4.3 B.Braun Melsungen AG Market 2023-2030 ($M)
15.4.4 XCELLANCE Medical Technologies Market 2023-2030 ($M)
15.4.5 Olympus Corporation Market 2023-2030 ($M)
15.4.6 Karl Storz Market 2023-2030 ($M)
16.APAC Advanced Bipolar Direct Energy Devices Market:Segment Analysis, by Product, Market 2023-2030 ($M)
16.1 Advanced Bipolar Direct Energy devices share market analysis, Market 2023-2030 ($M) - Regional Industry Research
16.2 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
17.APAC Advanced Bipolar Direct Energy Devices Market:Segment Analysis, by End Use, Market 2023-2030 ($M)
17.1 Advanced Bipolar Direct Energy devices share market share analysis, Market 2023-2030 ($M) - Regional Industry Research
17.2 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
18.APAC Advanced Bipolar Direct Energy Devices Market Competitive Landscape Market 2023-2030 ($M)
18.1 Company/Competition Categorization Market 2023-2030 ($M) - Regional Industry Research
18.1.1 List of key distributors and channel partners Market 2023-2030 ($M)
18.1.2 Key customers Market 2023-2030 ($M)
18.1.3 Key company market share analysis, Market 2023-2030 ($M)
18.2 Public Companies Market 2023-2030 ($M) - Regional Industry Research
18.3 Private Companies Market 2023-2030 ($M) - Regional Industry Research
18.3.1 List of key emerging companies/ technology disruptors/ innovators Market 2023-2030 ($M)
18.4 Key Companies Profiled Market 2023-2030 ($M) - Regional Industry Research
18.4.1 Bovie Medical Corporation Market 2023-2030 ($M)
18.4.2 Medtronic Market 2023-2030 ($M)
18.4.3 B.Braun Melsungen AG Market 2023-2030 ($M)
18.4.4 XCELLANCE Medical Technologies Market 2023-2030 ($M)
18.4.5 Olympus Corporation Market 2023-2030 ($M)
18.4.6 Karl Storz Market 2023-2030 ($M)
19.MENA Advanced Bipolar Direct Energy Devices Market:Segment Analysis, by Product, Market 2023-2030 ($M)
19.1 Advanced Bipolar Direct Energy devices share market analysis, Market 2023-2030 ($M) - Regional Industry Research
19.2 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
20.MENA Advanced Bipolar Direct Energy Devices Market:Segment Analysis, by End Use, Market 2023-2030 ($M)
20.1 Advanced Bipolar Direct Energy devices share market share analysis, Market 2023-2030 ($M) - Regional Industry Research
20.2 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
21.MENA Advanced Bipolar Direct Energy Devices Market Competitive Landscape Market 2023-2030 ($M)
21.1 Company/Competition Categorization Market 2023-2030 ($M) - Regional Industry Research
21.1.1 List of key distributors and channel partners Market 2023-2030 ($M)
21.1.2 Key customers Market 2023-2030 ($M)
21.1.3 Key company market share analysis, Market 2023-2030 ($M)
21.2 Public Companies Market 2023-2030 ($M) - Regional Industry Research
21.3 Private Companies Market 2023-2030 ($M) - Regional Industry Research
21.3.1 List of key emerging companies/ technology disruptors/ innovators Market 2023-2030 ($M)
21.4 Key Companies Profiled Market 2023-2030 ($M) - Regional Industry Research
21.4.1 Bovie Medical Corporation Market 2023-2030 ($M)
21.4.2 Medtronic Market 2023-2030 ($M)
21.4.3 B.Braun Melsungen AG Market 2023-2030 ($M)
21.4.4 XCELLANCE Medical Technologies Market 2023-2030 ($M)
21.4.5 Olympus Corporation Market 2023-2030 ($M)
21.4.6 Karl Storz Market 2023-2030 ($M)
LIST OF FIGURES
1.US Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)2.Canada Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
3.Mexico Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
4.Brazil Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
5.Argentina Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
6.Peru Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
7.Colombia Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
8.Chile Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
9.Rest of South America Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
10.UK Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
11.Germany Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
12.France Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
13.Italy Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
14.Spain Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
15.Rest of Europe Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
16.China Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
17.India Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
18.Japan Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
19.South Korea Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
20.South Africa Advanced Bipolar Direct Energy Devices Market Revenue, 2023-2030 ($M)
21.North America Advanced Bipolar Direct Energy Devices By Application
22.South America Advanced Bipolar Direct Energy Devices By Application
23.Europe Advanced Bipolar Direct Energy Devices By Application
24.APAC Advanced Bipolar Direct Energy Devices By Application
25.MENA Advanced Bipolar Direct Energy Devices By Application