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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 (2017-2027); 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 2022-2027 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 | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| 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. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Industry Opportunities and Challenges
8 Global Advanced Bipolar Direct Energy Devices Market Analysis
8.1 Key Industry Highlights
8.2 Global Advanced Bipolar Direct Energy Devices Historical Market (2017-2021)
8.3 Global Advanced Bipolar Direct Energy Devices Market Forecast (2022-2027)
8.4 Global Advanced Bipolar Direct Energy Devices Market by Product
8.4.1 Electrosurgical Generator System
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Bipolar Electrosurgical Device
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Advanced Bipolar Direct Energy Devices Market by Application
8.5.1 Hospitals
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Clinics
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Ambulatory Surgical Centers
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Others
8.6 Global Advanced Bipolar Direct Energy Devices Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Medtronic
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 B. Braun Melsungen AG
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Olympus Corporation
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Advanced Bipolar Direct Energy Devices Market: Key Industry Highlights, 2017 and 2027
2. Global Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Product (USD Billion), 2017-2021
3. Global Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Product (USD Billion), 2022-2027
4. Global Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Application (USD Billion), 2017-2021
5. Global Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Application (USD Billion), 2022-2027
6. Global Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Advanced Bipolar Direct Energy Devices Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Advanced Bipolar Direct Energy Devices Market Forecast: Breakup by Country (USD Billion), 2022-2027
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 2022 and 2027.
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 2022-2027, 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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