Global Bipolar Electrosurgical Device

Market: Industry Insights & Opportunity

Evaluation, 2017-2024

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Global Bipolar Electrosurgical Device Market By Type
(Advanced Vessel Sealing Instrument, Bipolar Forceps) By
Surgery (General Surgery, Gynecology Surgery, Urologic
Surgery, Orthopedic Surgery, Cardiovascular Surgery, Cosmetic
Surgery, Neurosurgery, Others) and Region - Global Forecast to
2024
Electrosurgery is an application of high-frequency alternating
polarity. In electrosurgery the tissue is heated by an electric
current. In bipolar electrosurgical devices the current is applied
using similar sized electrodes. The bipolar electrosurgical
devices are extensively used in various applications by the
surgeons. Bipolar electrosurgical device are used in
dermatology, cardiac, orthopedic and other surgical
procedures.

Market Size and Forecast

Global bipolar electrosurgical device market is anticipated to
flourish at a CAGR of 5.5% over the forecast period. Further,
the factors propelling the growth of bipolar electrosurgical
device market include advancement in healthcare technology
and rising demand for safe surgical devices.
In terms of geography, North America accounted for the largest
market of bipolar electrosurgical device in terms of revenue in
2016. Moreover, North America is expected to continue its
dominance by the end of 2024 owing to rising healthcare
expenditure. U.S.

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and Canada are the dominating countries in this region
due to rising demand for minimally invasive surgeries.
Additionally, presence of major key players of
electrosurgical device in this region is envisioned to foster
the growth of bipolar electrosurgical device market.
Europe region captured the second largest market of
bipolar electrosurgical device owing to increasing
adoption of technologically advanced healthcare devices.
The major countries witnessing the augmented demand
for bipolar electrosurgical device are U.K. and France.
Further, presence of skilled professionals and growing
adoption of innovative technologies in this region are
believed to bolster the growth of electrosurgical devices.

Asia-Pacific region is projected to witness a tremendous

growth during the forecast period due to emerging
economies nations such as China and India. In addition to
this, growing number of diseases and rising geriatric
population in this region is anticipated to propel the
growth of electrosurgical devices market. Likely, China
has been the dominating country owing to growing
demand for effective surgical procedures.
Market Segmentation
Our in-depth analysis has segmented global bipolar
electrosurgical device market into the following
segments:

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By Type
Advanced Vessel Sealing Instrument
Bipolar Forceps
By Surgery
General Surgery
Gynecology Surgery
Urologic Surgery
Orthopedic Surgery
Cardiovascular Surgery
Cosmetic Surgery
Neurosurgery
Others

By Region
Global bipolar electrosurgical device market is further
classified on the basis of region as follows:
North America (U.S. & Canada) Market size, Y-O-Y growth &
Opportunity Analysis
Latin America (Brazil, Mexico, Rest of Latin America) Market
size, Y-O-Y growth & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium,
Netherlands & Luxembourg, Rest of Europe) Market size, Y-O-
Y growth & Opportunity Analysis
Asia-Pacific (China, India, Japan, Singapore, Australia, New
Zealand, Rest of Asia) Market size, Y-O-Y growth &
Opportunity Analysis.

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Middle East and Africa (GCC, North Africa, South Africa, Rest of
Middle East and Africa) Market size, Y-O-Y growth & Opportunity
Analysis
Growth Drivers and Challenges
Factors such as growing number of diseases, rising demand for
minimally invasive surgeries and growing ambulatory surgery
services are envisioned to be the dynamic factor behind the rapid
growth of bipolar electrosurgical device market over across the
globe. Moreover, rising adoption of technologically advanced
surgery devices in developing nations to provide better effective
surgical procedures is believed to foster the growth of bipolar
electrosurgical device market by the end of 2024.
Furthermore, rising healthcare expenditure across the globe and
increasing prevalence of chronic diseases are projected to propel
the growth of bipolar electrosurgical device market. Likely, rapid
urbanization and growing GDP figures of the developed and
developing nations are also expected to flourish the growth of
bipolar electrosurgical device market. Additionally, growing
demand for bipolar electrosurgical devices for sensitive cases such
as neurology, ophthalmology, and otolaryngology is believed to
impel the growth of bipolar electrosurgical device market.

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However, high cost associated with the
bipolar electrosurgical devices is
anticipated to hinder the growth of
bipolar electrosurgical device market.
Moreover, risk of side effects related to
bipolar electrosurgical devices is
projected to hamper the growth of
bipolar electrosurgical devices market.

Key Players
Olympus Corporation
Company Overview
Key Product Offerings
Business Strategy
SWOT Analysis
Financials
Lamidey noury mdical
B. Braun Melsungen AG;
DTR Medical
Bovie Medical
DRE Medical
Bard Medical
Special Medical Technology
Applied Medical
Union Medical
Scope and Context
Overview of the Parent Market
Analyst View

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Segmentation

The global bipolar electrosurgical device market is

segmented as follows:
By Type Market Size & Y-O-Y Growth Analysis
By Surgery Market Size & Y-O-Y Growth Analysis
By Region Market Size & Y-O-Y Growth Analysis
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porters Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves
in current dynamic environment

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