GVR Report cover Advanced Bipolar Direct Energy Devices Market Size, Share & Trends Report

Advanced Bipolar Direct Energy Devices Market Size, Share & Trends Analysis Report By Product (Electrosurgical Generator Systems, Bipolar Electrosurgical Devices), By End Use, By Region And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-3-68038-151-1
  • Number of Report Pages: 100
  • Format: PDF, Horizon Databook
  • Historical Range: 2018 - 2022
  • Forecast Period: 2024 - 2030 
  • Industry: Healthcare

Market Size & Trends

The global advanced bipolar direct energy devices market size was valued at USD 3.21 billion in 2023 and is projected to grow at a CAGR of 4.8% from 2024 to 2030. This growth is attributed to the increasing adoption of minimally invasive surgeries, particularly laparoscopic procedures, which has created a significant demand for these devices. In addition, technological advancements in electrosurgical generator systems and bipolar electrosurgical devices have enhanced their safety and efficacy, offering better control and a lower risk of burns.

Advanced Bipolar Direct Energy Devices Market Size by Product, 2020 - 2030 (USD Billion)

The market is being driven by growing awareness of the benefits of these devices in treating skin injuries and their uses in gynecological and gastrointestinal surgery. These devices are crucial due to their specialized features, including lower voltage currents for coagulation and cutting extensive bleeding areas with the least harm to delicate tissues. These elements combine to fuel the global need for sophisticated bipolar direct energy devices in surgical settings. At present, a variety of energy devices are accessible to utilize significantly sophisticated bipolar direct energy devices for a variety of surgical procedures, guaranteeing adequate and secure operations.

As these devices achieve better and more successful surgical outcomes with less invasiveness and fewer complications, there has been an increase in demand for them. Furthermore, surgical procedures involve cutting and tissue coagulation with specialized surgical equipment. These devices use bipolar energy to accomplish tissue dissection and hemostasis while reducing heat injury to neighboring tissues.

Product Insights

Electrosurgical generator systems dominated the market and accounted for a share of 51.7% in 2023, owing to their ability to produce a range of electrical waveforms and built-in safety features to minimize burns. These devices enable surgeons to execute critical procedures precisely, reduce post-operative conditions, lower recovery times, and improve overall outcomes. Moreover, introducing new equipment and systems by key market companies and their enhanced features boosts the growth of electrosurgical generator systems.

The bipolar electrosurgical device is expected to grow with a CAGR of 4.3% over the forecast period. The current flow in this device is through the tissue between the two electrodes, resulting in better control over the tissue effect and reducing the lateral thermal injury. They are widely used in treatments for various illnesses because they can precisely dissect tissue while reducing issues. In addition, the market is being boosted by the demand for less invasive surgical techniques, as bipolar devices provide more accuracy and control.  

End use Insights

The hospitals accounted for the largest market share of 39.9% in 2023 attributed to the rising aging population, the increasing prevalence of diseases, and an increase in gynecological and astrological operations carried out in healthcare settings. The ample healthcare facilities provided by the hospitals with specialized departments and advanced technologies have been driving the demand for enhanced procedures from the hospitals. In addition, the ease of access to many medical facilities for patients, like emergency treatment, medication, etc., has resulted in the increasing demand for advanced bipolar direct energy devices from hospitals.

AAdvanced Bipolar Direct Energy Devices Market Share by End-use, 2023 (%)

Ambulatory surgical centers are expected to grow at a significant CAGR of 5.2% over the forecast period. The rise in adoption is because it requires less space and has multipurpose applications in outpatient surgeries. These centers also provide surgeons with a user-friendly interface and maximum safety, thus decreasing patient stay and fastening recovery time. The additional market drivers include increasing the global demand for minimally invasive operations, minimal prices, efficient cutting and sealing, and the enhanced use of these devices due to lower tissue harm at the surgical site.

Regional Insights

The North America advanced bipolar direct energy devices market led the global market and accounted for the largest revenue share of 43.9% in 2023. This is attributed to expanding healthcare infrastructure, accessibility of highly qualified experts, growing surgical volume, and increasing investment in advanced medical equipment, which drive market demand for these devices.

Advanced Bipolar Direct Energy Devices Market Trends, by Region, 2024 - 2030

U.S. Advanced Bipolar Direct Energy Devices Market Trends

The advanced bipolar direct energy devices market in the U.S. dominated the North America market and accounted for the largest share of 71.7% in 2023. Key drivers for market expansion include the rising adoption of minimally invasive surgical techniques across various medical specialties, strong technological presence due to the developed economy, and increasing preference for minimally invasive approaches driven by patient preferences and healthcare cost-effectiveness.

Asia Pacific Advanced Bipolar Direct Energy Devices Market Trends

The Asia Pacific advanced bipolar direct energy devices market is anticipated to witness significant growth at a CAGR of 7.8% in the forecast period. This growth is supported by expanding healthcare expenditures, increasing surgical procedures, and rising demand for minimally invasive surgical techniques.

The advanced bipolar direct energy devices market in China is fueled by citizens' awareness of improved advanced bipolar direct energy devices, healthcare expenditures, good economic conditions, a large population engaged with severe disorders such as cancers or cardiovascular disorders, and technical innovations. Moreover, rising demand for electrosurgical generator systems and an increase in the adoption of bipolar energy devices in laparoscopic surgeries worldwide are resulting in the market's growth.

India advanced bipolar direct energy devices market is experiencing growth. The market is anticipated to grow in further years with enhancing and innovating factors led by various companies and rising awareness and demand for gynecological surgery. Moreover, the commercialization of enhanced technology-based advanced bipolar direct energy devices has witnessed the demand among patients for well-equipped treatment options for quick relief and recovery.

Europe Advanced Bipolar Direct Energy Devices Market Trends

The Europe advanced bipolar direct energy devices market is expected to grow significantly over the forecast years. The market is driven by continuous technological advancements, expanding surgical applications, and rising healthcare investments in the country. Apart from this, impacting market growth includes the growing prevalence of chronic diseases requiring advanced devices, the increasing aging population, and the continuous evolution of surgical techniques, leading to market growth.

The advanced bipolar direct energy devices market in the UK is anticipated to grow substantially owing to the increasing adoption of medical tools in healthcare and surgeons' desire to integrate multiple functions into one device to decrease surgical time and instrument movement. However, better devices and services have become more significant nowadays. Furthermore, several key companies are enhancing their technologies to meet medical requirements and provide technologically advanced systems and services through continuous research and development.

Key Advanced Bipolar Direct Energy Devices Company Insights

Some of the key companies in the advanced bipolar direct energy devices market include Medtronic, Xcellance Medical Technologies Private Limited, B.Braun SE, Aspen Surgical Products, Inc., and BOWA-electronic GmbH & Co. KG, among others. These companies are focusing on continuous development and innovation to gain a competitive edge in the industry. Therefore, key players are taking several strategic initiatives.

  • Medtronic is a medical technology firm that produces and distributes medical equipment and supplies. Its products treat a range of patient issues, including heart valve disorders, heart failure, aortic, peripheral vascular, venous renal, neurological, spinal, and musculoskeletal illnesses, as well as diseases of the throat, nose, and ears.

  • B. Braun SE is a medical services provider that develops, produces, and sells pharmaceuticals and medical technology. The company's product portfolio includes suction devices, trocar systems, ligation clips, blood glucose monitoring, insulin injections, instruments, light sources, electrosurgery, and anesthesia tools.

Key Advanced Bipolar Direct Energy Devices Companies:

The following are the leading companies in the advanced bipolar direct energy devices market. These companies collectively hold the largest market share and dictate industry trends.

  • Medtronic
  • Xcellance Medical Technologies Private Limited
  • B.Braun SE
  • Aspen Surgical products, Inc.
  • BOWA-electronic GmbH & Co. KG
  • aedor medical AG.
  • Karl Storz SE & Co. KG
  • Olympus Corporation
  • CONMED Corporation
  • BD

Recent Developments

  • In June 2024, global medical technology company BD and Edwards Lifesciences signed a definitive agreement wherein BD paid USD 4.2 billion in cash to acquire Edwards' Critical Care product group, a provider of advanced monitoring solutions. This acquisition is expected to open up new opportunities for BD's portfolio in the smart connected care solutions market.

  • In April 2024, the Medtronic Engineering & Innovation Center (MEIC) in Hyderabad, India, a multinational healthcare technology corporation, partnered with T-Hub, an Indian startup, to harness its resources and appropriate experience to support and help health-tech entrepreneurs globally.

  • In March 2024, B. Braun Medical Inc. collaborated with Orlando Health, a reputable healthcare provider with an award-winning hospital, to develop innovative results that would improve clinicians' and patients' access to care.

Advanced Bipolar Direct Energy Devices Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 3.25 billion

Revenue forecast in 2030

USD 4.44 billion

Growth Rate

CAGR of 4.8% from 2024 to 2030

Base year for estimation

2023

Historical data

2018 - 2022

Forecast period

2024 - 2030

Report updated

September 2024

Quantitative units

Revenue in USD Million and CAGR from 2024 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Product, end use, region

Regional scope

North America, Europe, Asia Pacific, Latin America, MEA

Country scope

U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, Denmark, Sweden, Norway, Japan, China, India, Australia, South Korea, Thailand, Brazil, Argentina, South Africa, Saudi Arabia, UAE, Kuwait

Key companies profiled

Medtronic; Xcellance Medical Technologies Private Limited.; B.Braun SE; Aspen Surgical products, Inc.; BOWA-electronic GmbH & Co. KG; aedor medical AG.; Karl Storz SE & Co. KG; Olympus Corporation; CONMED Corporation; BD

Customization scope

Free report customization (equivalent up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

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Avail customized purchase options to meet your exact research needs. Explore purchase options

Global Advanced Bipolar Direct Energy Devices Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and analyzes the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global advanced bipolar direct energy devices market report based on product, end use, and region.

Global Advanced Bipolar Direct Energy Devices Market Report Segmentation

  • Product Outlook (Revenue, USD Million, 2018 - 2030)

    • Electrosurgical Generator Systems

    • Bipolar Electrosurgical Devices

  • End Use Outlook (Revenue, USD Million, 2018 - 2030)

    • Hospitals

    • Clinics

    • Ambulatory Surgical Centers

  • Regional Outlook (Revenue, USD Million, 2018 - 2030)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • UK

      • Germany

      • France

      • Italy

      • Spain

      • Denmark

      • Sweden

      • Norway

    • Asia Pacific

      • Japan

      • China

      • India

      • Australia

      • South Korea

      • Thailand

    • Latin America

      • Brazil

      • Argentina

    • Middle East and Africa (MEA)

      • South Africa

      • Saudi Arabia

      • UAE

      • Kuwait

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