Global Advanced Bipolar Direct Energy Devices Market: By Product: Electrosurgical Generator System, Bipolar Electrosurgical Device; By Application: Hospitals, Clinics, Ambulatory Surgical Centers; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis; Porter’s Five Forces Analysis; Key Players & Company Profile Analysis; Events and Developments

Global Advanced Bipolar Direct Energy Devices Market Key Insights:

Market Outlook

The global advanced bipolar direct energy devices market attained a value of USD 1.3 billion in 2019. The market is further expected to grow in the forecast period of 2020-2025 at a CAGR of 13.5%. The rising awareness among surgeons about the benefits of advanced bipolar direct energy devices and the growing demand for bipolar electrosurgical devices are expected to drive the market growth. North America is expected to grow significantly in the forecast period due to the increasing cases of laparoscopic surgery and the rapid adoption of technologically advanced products.

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:

• 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.

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.

Key Questions Answered in the Market Report:

• How has the global advanced bipolar direct energy devices industry performed in the previous years (2015-2019)?
• What is the forecast assessment of the market for 2020-2025?
• What are the major drivers in the historical (2015-2019) and forecast (2020-2025) periods?
• What are the major constraints in the historical (2015-2019) and forecast (2020-2025) periods?
• What are the major demand indicators of the global market?
• Who are the key manufacturers of electrosurgical generator system and bipolar electrosurgical device in the global market?
• What is the degree of competition in the global market?
• What are the major events and developments taking place within the global industry?

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