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Global Advanced Bipolar Direct Energy Devices Market: By Product: Electrosurgical Generator System, Bipolar Electrosurgical Device; By Application: Hospitals, Clinics, Ambulatory Surgical Centers; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Advanced Bipolar Direct Energy Devices Market Outlook
The global advanced bipolar direct energy devices market attained a value of USD 1.3 billion in 2020. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 13.5%.
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Properties and Applications
Advanced bipolar direct energy devices are useful in treating skin injuries and may also be used in gynaecological or gastroenterological operations.
The market can be broadly categorised based on:
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- Products:
- Electrosurgical Generator System
- Bipolar Electrosurgical Device
- Applications:
- Hospitals
- Clinics
- Ambulatory Surgical Centres
- Others
The EMR report looks into the regional markets of advanced bipolar direct energy devices like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The growing number of laparoscopic operations is expected to drive the market growth. Due to factors such as the launch of new products by the major market players and their safety features, the electrosurgical generator system segment is one of the fastest-growing segments in the market. Due to the increasing number of gynaecological and gastrological operations carried out in health care settings, the hospitals sector is likely to lead the industry in the forecast period. The rapid growth of the medical tourism industry, support for public initiatives, and the availability of trained surgeons are projected to support the growth of the market in the Asia Pacific region, which is projected to grow at the fastest rate in the coming years.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global advanced bipolar direct energy devices industry, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Bovie Medical Corporation
- Medtronic,(NYSE: MDT)
- B.Braun Melsungen AG
- Xcellance Medical Technologies Pvt Ltd.
- Olympus Karl Storz
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application, Region |
| Breakup by Product | Electrosurgical Generator System, Bipolar Electrosurgical Device |
| Breakup by Application | Hospitals, Clinics, Ambulatory Surgical Centers, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Bovie Medical Corporation, Medtronic , MDT (NYSE), B.Braun Melsungen AG, Xcellance Medical Technologies Pvt Ltd., Olympus Karl Storz, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Advanced Bipolar Direct Energy Devices Market Analysis
8.1 Key Industry Highlights
8.2 Global Advanced Bipolar Direct Energy Devices Historical Market (2018-2022)
8.3 Global Advanced Bipolar Direct Energy Devices Market Forecast (2023-2028)
8.4 Global Advanced Bipolar Direct Energy Devices Market by Product
8.4.1 Electrosurgical Generator System
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Bipolar Electrosurgical Device
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Advanced Bipolar Direct Energy Devices Market by Application
8.5.1 Hospitals
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Clinics
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Ambulatory Surgical Centers
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Advanced Bipolar Direct Energy Devices Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Advanced Bipolar Direct Energy Devices Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Advanced Bipolar Direct Energy Devices Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Advanced Bipolar Direct Energy Devices Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.2 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Advanced Bipolar Direct Energy Devices Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Advanced Bipolar Direct Energy Devices Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Medtronic
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 B. Braun Melsungen AG
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Olympus Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Advanced Bipolar Direct Energy Devices Market: Key Industry Highlights, 2018 and 2028
2. Global Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Product (USD Billion), 2018-2022
3. Global Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Product (USD Billion), 2023-2028
4. Global Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Advanced Bipolar Direct Energy Devices Market Structure
Key Questions Answered in the Report
In 2020, the global advanced bipolar direct energy devices market attained a value of nearly USD 1.3 billion.
The market is projected to grow at a CAGR of 13.5% between 2023 and 2028.
The major drivers of the industry, such as the increasing cases of laparoscopic surgery, rising awareness of the device, growing demand for bipolar electrosurgical devices, and the rapid adoption of technologically advanced products, are expected to aid the market growth.
The key market trend guiding the growth of the advanced bipolar direct energy devices industry include the rapid growth of the medical tourism industry.
What are the major regions of advanced bipolar direct energy devices according to the market report?
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Electrosurgical generator system and bipolar electrosurgical device are the leading products of advanced bipolar direct energy devices in the industry.
Hospitals, clinics, and ambulatory surgical centres, among others, are the significant application segments of the product in the market.
The major players in the industry are Medtronic, B.Braun Melsungen AG, and Olympus Corporations, among others.
Analyst Review
The global market for advanced bipolar direct energy devices attained a value of USD 1.3 billion in 2020, driven by the rising awareness of the device. Aided by the growing demand for bipolar electrosurgical devices, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 13.5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product, the industry can be segmented into electrosurgical generator system and bipolar electrosurgical device. On the basis of application, the industry is divided into hospitals, clinics, ambulatory surgical centres, and others. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Medtronic, B.Braun Melsungen AG, and Olympus Corporations, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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