Global Advanced Bipolar Direct Energy Device Market Size By Product(Electrosurgical Generator System and Bipolar Electrosurgical Devices), By Application(Hospitals, Clinics), By Geographic Scope And Forecast

Advanced Bipolar Direct Energy Device Market Size And Forecast

Advanced Bipolar Direct Energy Device Market size was valued at USD 1.30 Billion in 2020 and is projected to reach USD 3.65 Billion by 2028, growing at a CAGR of 13.85% from 2021 to 2028.

High awareness about the benefits of bipolar electrosurgical devices among surgeons, safety features of devices, and an increasing number of laparoscopic surgeries are fueling the growth of the Advanced Bipolar Direct Energy Device Market. The Global Advanced Bipolar Direct Energy Device Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Advanced Bipolar Direct Energy Device Market Overview

Advanced Bipolar Direct Energy Devices are useful in treating skin injuries and also used for treatment in gastroenterology and gynecological surgeries. These devices include electrosurgical generator systems ad bipolar electrosurgical devices prominently that are used in laparoscopic surgeries. The electrosurgical generator system offers performance and safety features, which are controlled by electrodes.

Also, there is independent activation of accessories and monitories system to reduce the risk of burn. To desiccate, coagulate and fulgurate tissue using bipolar energy, devices require high-frequency electrical current. In the case of coagulation, lower average power with waveform generates heat for explosive vaporization for tissue. In the case of desiccation, a lower amount of heat is required thus, it is generated through electrodes that are used for the treatment of nodules under the skin.in case of fulguration, to operate protrusive lesions, the current is spread over the tissue areas. Thus, these Advanced Bipolar Direct Energy Devices are prominently used in laparoscopic procedures.

rising number of laparoscopic surgeries are boosting demand of devices.in addition, demand for invasive surgeries is increasing day by day, which in turn causes usage of Advanced Bipolar Direct Energy Devices. Furthermore, advanced features such as lower voltage current used for coagulation and cutting large bleeding areas are driving the market growth of Advanced Bipolar Direct Energy Devices. Moreover, Advanced Bipolar Direct Energy Devices provide better control over targeted areas, prevent damages of the sensitive parts of the tissue, and also reduce the risk of burns. Hence, demands from surgeons are increasing nowadays.

Global Advanced Bipolar Direct Energy Device MarketSegmentation Analysis

The Global Advanced Bipolar Direct Energy Device Market is segmented based on Product, Application, And Geography.

Advanced Bipolar Direct Energy Device Market, By Product

• Electrosurgical Generator System• Bipolar Electrosurgical Devices

Based on Product, the market is bifurcated into, Electrosurgical Generator System and Bipolar Electrosurgical Devices. Among all these segments, Electrosurgical Generator System is the fastest-growing segment as more new products are launched by key market players.it offers various benefits such as reduced bleeding, less operating time, and cost-effectiveness compared to others.

Advanced Bipolar Direct Energy Device Market, By Application

• Hospitals• Clinics• Other

Based on the Application, the market is segmented into Hospitals, Clinics, and Other. Hospitals are expected to hold the largest market share due to the increasing number of gynecological and gastrological surgeries being performed in hospitals. Furthermore, hospitals have separate units for electro surgeries called electrosurgical units (ESU).

Advanced Bipolar Direct Energy Device Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of regional analysis, the Global Advanced Bipolar Direct Energy Device Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest share in the market will be dominated by North America due to the increasing number of cases of laparoscopic surgeries, the presence of well-established healthcare services, and awareness about advanced devices.

Key Players

The “Global Advanced Bipolar Direct Energy Device Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Ethicon Endo-Surgery, Medtronic, Olympus, Aedor Medical, B.Braun, Bovie Medical Corporation, Bowa-electronic, Conmed, Deltronix Equipamentos, Karl Storz, Kirwan Surgical Products, KLS Martin.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

Partnerships, Collaborations and Agreements

• On April 2021, Medtronic has partnered with integrated Michigan health system Spectrum Health to create value-based healthcare programs, with an initial focus on automating the identification of readmission events in patients who use a Medtronic cardiac resynchronization therapy device.

• On August 2021, ClearPoint Neuro, Inc. a global therapy-enabling platform company providing navigation and delivery to the brain, announced it has entered into a strategic and commercial partnership with German-based surgical equipment leader adeor medical AG for powered neurosurgical drill solutions.

Product Launches and Product Expansions

• On May 2019, Olympus Corporation announced the launch of an ESG-150 electrosurgery generator designed to ensure patient safety at low effectual adjusted power output in endoscopic surgeries to improve the growth opportunities of Olympus Corporation, helping them provide specialized advanced bipolar direct energy devices.

• On January 2021, Ethicon, part of the Johnson & Johnson Medical Devices Companies, has launched the Echelon+ Stapler with GST Reloads, a new powered surgical stapler designed to increase staple line security and reduce complications through more uniform tissue compression and better staple formation, even in challenging situations.

• On June 2021, Ethicon part of the Johnson & Johnson Medical Devices Companies announced the ENSEAL X1 Curved Jaw Tissue Sealer launch. This new advanced bipolar energy device increases procedural efficiency1 and provides stronger sealing2 and better access to more tissue than LigaSure Maryland.3 The device is indicated for colorectal, gynecological, bariatric surgery and thoracic procedures.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support

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