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Global Advanced Bipolar Direct Energy Devices Market Size, Growth, Trends, Report, Forecast: By Type: Bipolar Electrosurgical Devices, Electrosurgical Generator Systems; By End User: Hospitals, Ambulatory Surgical Centers (ASCs), Clinics, Other end-Users; Regional Analysis; Patent Analysis; Grants Analysis; Supplier Landscape; 2024-2032
Global Advanced Bipolar Direct Energy Devices Market Outlook
The global advanced bipolar direct energy devices market size was valued at USD 1.7 billion in 2023. The major drivers of the industry are 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. The market is anticipated to grow at a CAGR of 13.4% during the forecast period 2024-2032 to reach a value of USD 5.2 billion by 2032.
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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 | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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| 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
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Advanced Bipolar Direct Energy Devices Market Overview
3.1 Advanced Bipolar Direct Energy Devices Market Historical Value (2017-2023)
3.2 Advanced Bipolar Direct Energy Devices Market Forecast Value (2024-2032)
4 Global Advanced Bipolar Direct Energy Devices Market Landscape
4.1 Advanced Bipolar Direct Energy Devices: Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Advanced Bipolar Direct Energy Devices: Product Landscape
4.2.1 Analysis by Type
4.2.2 Analysis by Technology
4.2.3 Analysis by End user
5 Global Advanced Bipolar Direct Energy Devices Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Advanced Bipolar Direct Energy Devices Market Segmentation
6.1 Advanced Bipolar Direct Energy Devices Market by Type
6.1.1 Market Overview
6.1.2 Bipolar Electrosurgical Devices
6.1.3 Electrosurgical Generator Systems
6.2 Advanced Bipolar Direct Energy Devices Market by End User
6.2.1 Market Overview
6.2.2 Hospitals
6.2.3 Ambulatory Surgical Centers (ASCs)
6.2.4 Clinics
6.2.5 Other end-Users
6.3 Advanced Bipolar Direct Energy Devices Market by Region
6.3.1 Market Overview
6.3.2 North America
6.3.3 Europe
6.3.4 Asia Pacific
6.3.5 Latin America
6.3.6 Middle East and Africa
7 North America Advanced Bipolar Direct Energy Devices
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Advanced Bipolar Direct Energy Devices
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Advanced Bipolar Direct Energy Devices
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Advanced Bipolar Direct Energy Devices
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Advanced Bipolar Direct Energy Devices
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Regulatory Framework
12.1 Regulatory Overview
12.1.1 US FDA
12.1.2 EU EMA
12.1.3 INDIA CDSCO
12.1.4 JAPAN PMDA
12.1.5 Others
13 Patent Analysis
13.1 Analysis by Type of Patent
13.2 Analysis by Publication year
13.3 Analysis by Issuing Authority
13.4 Analysis by Patent Age
13.5 Analysis by CPC Analysis
13.6 Analysis by Patent Valuation
13.7 Analysis by Key Players
14 Grants Analysis
14.1 Analysis by year
14.2 Analysis by Amount Awarded
14.3 Analysis by Issuing Authority
14.4 Analysis by Grant Application
14.5 Analysis by Funding Institute
14.6 Analysis by NIH Departments
14.7 Analysis by Recipient Organization
15 Funding and Investment Analysis
15.1 Analysis by Funding Instances
15.2 Analysis by Type of Funding
15.3 Analysis by Funding Amount
15.4 Analysis by Leading Players
15.5 Analysis by Leading Investors
15.6 Analysis by Geography
16 Partnership and Collaborations Analysis
16.1 Analysis by Partnership Instances
16.2 Analysis by Type of Partnership
16.3 Analysis by Leading Players
16.4 Analysis by Geography
17 Supplier Landscape
17.1 Medtronic
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Symmetry Surgical Inc.
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 B. Braun Melsungen AG
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Karl Storz SE & Co. KG
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 XCELLANCE Medical Technologies
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 Soterix Medical Inc
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 Olympus Corporation
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 Johnson & Johnson
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 CONMED Corporation
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Aesculap, Inc.
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
17.11 BOWA-electronic GmbH & Co. KG
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisitions
17.11.5 Certifications
17.12 Kirwan Surgical Products, LLC
17.12.1 Financial Analysis
17.12.2 Product Portfolio
17.12.3 Demographic Reach and Achievements
17.12.4 Mergers and Acquisitions
17.12.5 Certifications
18 Advanced Bipolar Direct Energy Devices - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
The global advanced bipolar direct energy devices market reached a value of USD 1.7 billion in 2023.
The market is anticipated to grow at a CAGR of 13.4% during the forecast period of 2024-2032 to reach a value of USD 5.2 billion by 2032.
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.
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