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Advanced Bipolar Direct Energy Devices Market Report and Forecast 2023-2031

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    Report

  • 147 Pages
  • May 2023
  • Region: Global
  • Expert Market Research
  • ID: 5805713
The global advanced bipolar direct energy devices market size attained a value of USD 1.7 billion in 2022. The market is expected to grow at a CAGR of 13.4% during the forecast period of 2023-2031 to attain a value of USD 5.2 billion by 2031.

Advanced Bipolar Direct Energy Devices Market: Introduction

Advanced bipolar direct energy devices are a type of surgical instrument that uses bipolar energy for tissue sealing and cutting. These devices use an electric current that passes between two electrodes in the device's handpiece to cut, coagulate, desiccate, or fulgurate the tissue. The term 'bipolar' refers to the use of both active and return electrodes situated close to each other at the surgical site, which significantly reduces the risk of electrical energy spreading to non-target areas of the body.

The uses of advanced bipolar direct energy devices are extensive in the surgical field. These devices are used in various surgical procedures including gynaecological surgery, urological surgery, laparoscopic surgeries, orthopaedic procedures, neurosurgery, and more. They're often used for tissue sealing, a process that uses heat to fuse together the tissue's sides, which can help prevent bleeding and leakage of bodily fluids. Additionally, these devices are used for cutting tissue during surgical procedures.

The benefits of advanced bipolar direct energy devices include the following:
  • Safety: Because the electrical current is confined between the two closely spaced electrodes, there's less risk of electrical burns or shocks to the patient. This is a major advantage over monopolar devices, where the current must travel through the patient's body to a distant return electrode, increasing the risk of inadvertent tissue damage
  • Precision: These devices offer high precision in cutting and sealing, which reduces the risk of collateral tissue damage. This is particularly important in surgeries involving delicate or densely populated areas, such as neurosurgery
  • Less Thermal Spread: Advanced Bipolar Direct Energy Devices are designed to minimize thermal spread, reducing the risk of damaging surrounding tissues with excess heat
  • Efficiency: They can cut and coagulate tissues simultaneously, which can reduce operation times and improve surgical efficiency
  • Reduced Blood Loss: By efficiently sealing vessels and tissues, these devices can significantly reduce blood loss during surgery, promoting patient recovery and reducing the need for blood transfusions
  • Versatility: They can be used in a wide range of surgical procedures, making them a versatile tool in the operating room

Advanced Bipolar Direct Energy Devices Market Segmentations

The market can be categorised into type, end user, and region.

Market Breakup by Type

  • Bipolar Electrosurgical Devices
  • Electrosurgical Generator Systems

Market Breakup by End User

  • Hospitals
  • Ambulatory Surgical Centres (ASCs)
  • Clinics
  • Other

Advanced Bipolar Direct Energy Devices Market Breakup by Region

North America

  • United States of America
  • Canada

Europe

  • United Kingdom
  • Germany
  • France
  • Italy
  • Others

Asia Pacific

  • China
  • Japan
  • India
  • ASEAN
  • Australia
  • Others

Latin America

  • Brazil
  • Argentina
  • Mexico
  • Others

Middle East and Africa

  • Saudi Arabia
  • United Arab Emirates
  • Nigeria
  • South Africa
  • Others

Advanced Bipolar Direct Energy Devices Market Scenario

The market is showing a robust growth trajectory, with an increasing adoption rate in various surgical procedures worldwide. This market growth is largely driven by the numerous advantages these devices offer, including safety, precision, efficiency, and versatility, which have led to their wide acceptance in the medical field.

The use of these devices is seeing a significant rise in multiple surgical specialties including gynaecology, urology, orthopaedics, and neurology. Particularly, their usage in minimally invasive surgeries, such as laparoscopic procedures, is gaining momentum due to the high precision and minimal tissue damage they offer. The ability of these devices to effectively coagulate and cut tissues simultaneously, reducing operation times, is a major factor contributing to this trend.

Technological advancements are playing a crucial role in this market. For instance, the integration of smart technologies and machine learning is enabling these devices to provide real-time feedback to surgeons, improving surgical outcomes. Moreover, the development of devices with improved ergonomics and user-friendly designs is also enhancing their market appeal.

Geographically, developed regions like North America and Europe are currently leading in the adoption of advanced bipolar direct energy devices, attributed to their well-established healthcare systems, high healthcare expenditure, and increased patient awareness. However, the Asia Pacific region is expected to register rapid growth in the coming years due to increasing healthcare investment, growing patient pool, and rising awareness about advanced surgical procedures.

However, the high cost of these devices, along with a lack of skilled professionals to operate them in some regions, might pose challenges to the market growth. Additionally, stringent regulatory guidelines for the approval of medical devices can also be a potential hindrance.

Despite these challenges, the future scenario of the advanced bipolar direct energy devices market looks promising. The ongoing research and development activities, coupled with the ever-increasing demand for effective and efficient surgical procedures, are expected to propel the market growth further. Furthermore, the growing trend of minimally invasive surgeries and the rising incidence of diseases requiring surgical intervention are likely to create more opportunities for this market.

Key Players in the Global Advanced Bipolar Direct Energy Devices Market

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the advanced bipolar direct energy devices market are as follows:
  • Medtronic
  • SYMMETRY SURGICAL INC
  • B. Braun Melsungen AG
  • Karl Storz SE & Co. KG
  • XCELLANCE Medical Technologies
  • Soterix Medical Inc
  • Olympus Corporation
  • Johnson & Johnson Services
  • CONMED Corporation
  • Aesculap, Inc
  • BOWA-electronic GmbH & Co. KG
  • Kirwan Surgical Products, LLC

Table of Contents

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 (2016-2022)
3.2 Advanced Bipolar Direct Energy Devices Market Forecast Value (2023-2031)
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

Companies Mentioned

  • Medtronic
  • Symmetry Surgical Inc.
  • B. Braun Melsungen AG
  • Karl Storz SE & Co. KG
  • XCELLANCE Medical Technologies
  • Soterix Medical Inc
  • Olympus Corporation
  • Johnson & Johnson
  • CONMED Corporation
  • Aesculap Inc.
  • BOWA-electronic GmbH & Co. KG
  • Kirwan Surgical Products LLC

Methodology

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Table Information