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
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
Advanced Bipolar Direct Energy Devices Market Growth & Trends
The global advanced bipolar direct energy devices market size is anticipated to reach USD 4.44 billion by 2030, registering a CAGR of 4.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing adoption of bipolar electrosurgical systems over conventional devices and high demand for laparoscopic surgeries are anticipated to boost the market growth.
These systems are mostly used to coagulate, cutting, fulguration, and desiccate soft tissues through generating heat by an electric current. The product demand has been increasing owing to its benefits in surgical procedures, such as lower risk of hemorrhaging than conventional devices that focus on scalpels. In addition, conventional equipment are costlier, which is also driving the demand for advanced bipolar direct energy systems for improved safety in desiccating soft tissues.
Technological advancements in the field are further expected to augment the market growth. For instance, XCELLANCE Medical Technologies launched a new 6-sense technology designed for cutting tissues at lower voltages by sensing voltage and power. This technology minimizes the patient recovery time and is a versatile tool for hemostatic dissection in performing surgical procedure.
Advanced Bipolar Direct Energy Devices Market Report Highlights
Electrosurgical generator systems led the global market in 2023. The segment is projected to expand further at the fastest CAGR from 2024 to 2030
Hospital was the dominant end use segment in 2023 owing to increased number of laparoscopic surgical procedures for tissue coagulation performed in these healthcare settings
North America led the global advanced bipolar direct energy devices market in 2023. However, Asia Pacific is estimated to be the fastest-growing regional market over the forecast period
These companies focus on technological advancements to gain competitive advantage. Medtronic launched Aquamantys bipolar sealers designed by transcollation technology, which combines Radiofrequency (RF) energy and saline to provide hemostatic sealing of soft tissues
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Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Advanced Bipolar Direct Energy Devices Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Advanced Bipolar Direct Energy Devices Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
Chapter 4. Advanced Bipolar Direct Energy Devices Market: Product Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Advanced Bipolar Direct Energy Devices Market: Product Movement Analysis, 2023 & 2030 (USD Million)
4.3. Electrosurgical Generator Systems
4.3.1. Electrosurgical Generator Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)