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Increasing Laparoscopic Surgeries to Bolster the Advanced Bipolar Direct Energy Devices Market

Home » Press Release » Increasing Laparoscopic Surgeries to Bolster the Advanced Bipolar Direct Energy Devices Market

May 17, 2022

Increasing Laparoscopic Surgeries to Bolster the Advanced Bipolar Direct Energy Devices Market

With the change in urban lifestyle, the number of surgeries is on the surge, which is likely to pave the way for expansion in the global advanced bipolar direct energy devices market.

Researchmoz puts forward the insights on the global advanced bipolar direct energy devices market which includes market size, trends, opportunities, drivers, restraints, and competitive landscape.

The advanced bipolar direct energy devices market is anticipated to grow at a CAGR of 14.1% and this market was valued at USD 1.14 bn in 2018.

The increasing awareness among surgeons is expected to drive the advanced bipolar direct energy devices market in the coming years.

The rising demand for electrosurgical devices for better and more efficient performance during the surgical procedures is expected to drive the advanced bipolar direct energy devices market during the forecast period 2021 to 2026.

Factors Driving And Restraining The Market

Some of the factors that foster the growth of the global advanced bipolar direct energy devices market during the forecast period include-

  • The recent surge in the number of surgeries in gynaecology, gastrointestinal, and laparoscopic areas of medicine is anticipated to augment the global advanced bipolar direct devices market during the forecast period.
  • The increasing demand for minimally invasive and time-efficient surgical procedures is expected to drive the growth of the advanced bipolar direct devices market.
  • The boost in the demand for the electrosurgical devices as they offer numerous benefits also with the surge in the better healthcare infrastructure is expected to drive the advanced bipolar direct energy devices during the forecast period.

Every market comes with its own challenges, a couple of restraints that may hinder the advanced bipolar direct energy devices market include-

  • The high cost of production and stringent rules and regulations around the manufacturing of electrosurgical devices and electrosurgical generator systems may hinder the growth of the advanced bipolar direct energy devices market to some extent.
  • Further, the concerns about overusing these devices and emerging side effects may likely affect the market to some extent.

However, with all the restraints, the global advanced bipolar direct energy market is still expected to witness substantial growth due to increasing medical tourism and demand for better health infrastructure.

Analyst’s Overview

The global advanced bipolar direct energy devices market is expected to grow exponentially well during the forecast period by registering a 14.1% CAGR.

The increasing awareness and number of surgical procedures across the branches of medicine are expected to drive the market towards expansion in the coming years.

The increase in disposable income and demand for skin injury surgeries is projected to bolster the global advanced bipolar direct energy devices market during the forecast period.

Further, the demand for minimally invasive and less time-consuming surgeries is expected to augment the growth.

The increasing demand for better healthcare facilities and the adoption of advanced technologies is anticipated to drive the market during the forecast period.

North America is expected to hold a major share in the global advanced bipolar direct energy devices market due to the availability of advanced technologies, better healthcare facilities and skilled surgeons.

The regional dominance is expected to be followed by the Asia Pacific due to a surge in medical tourism in recent times.

The hospitals are equipped with a separate unit for electrosurgeries, which is anticipated to boost the global advanced bipolar direct energy devices market during the forecast period.

Among end-users, the hospital sector is expected to dominate the market. In terms of product, the electrosurgical generator system is projected to have its hold over the advanced bipolar direct energy market in the coming years.

Competitive Landscape

The prominent players in the global advanced bipolar direct energy market are anticipated to focus more on new product launches to increase their market share in the global advanced bipolar direct energy devices market.

Further, many major players are also anticipated to focus on strategies such as mergers and acquisitions to expand their market presence and profitability.

Some of these key players are –

  • Bovie Medical Corporation
  • Braun Melsungen AG
  • XCELLANCE Medical Technologies
  • Medtronic PLC, B
  • Olympus Corporation
  • Karlz Storz

Key Takeaways

Some of the key highlights or key takeaways of this report are-

  • The global advanced bipolar direct energy direct devices market is anticipated to grow at a CAGR of 14. 1 % as compared to its valuation of USD 1.14bn in 2018.
  • The hospital segment under the end-user disposition is likely to dominate the global advanced bipolar direct energy devices market during the forecast period 2021 to 2026.
  • Under the product disposition, the electrosurgical generator system is anticipated to augment the market in the coming years.
  • The rising number of surgical procedures in various branches of medicine is expected to drive the market
  • Medical tourism is expected to boost the advanced bipolar direct energy devices market during the forecast period.

Product Disposition (Revenue, USD Million, 2021- 2026)

  • Electrosurgical Generator Systems
  • Bipolar Electrosurgical Devices

End-User Disposition (Revenue, USD Million, 2021- 2026)

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centres (ASCs)

Regional Disposition

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Latin America
    • Brazil
    • Mexico

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