Global Bipolar Electrosurgical Devices Market Size to worth USD 5.66 Billion by 2033
According to a research report published by Spherical Insights & Consulting, The Global Bipolar Electrosurgical Devices Market Size is Expected to Grow from USD 3.95 Billion in 2023 to USD 5.66 Billion by 2033, at a CAGR of 3.66% during the forecast period 2023-2033.
Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Bipolar Electrosurgical Devices Market Size, Share, and COVID-19 Impact Analysis, By Product (Bipolar Forceps, Advanced Vessel Sealing Devices, and Others), By Application (General Surgery, Neurosurgery, Gynecology Surgery, Cardiovascular Surgery, and Others), By End Use (Hospitals & Clinics, Ambulatory Surgical Centers, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
Medical devices that use bipolar electrosurgery for a variety of surgical procedures are produced, distributed, and used by the industry known as the bipolar electrosurgical devices market. The bipolar electrosurgical devices market includes a variety of tools used in general, neurological, cardiovascular, and gynecological operations, such as electrosurgical pencils, forceps, generators, and accessories. The market for bipolar electrosurgical devices additionally requires into account the uptake and developments of the technology as well as the need for less intrusive treatments, better surgical results, and patient safety. Increased desire for minimally invasive procedures, improvements in electrosurgical technology, and the growing number of chronic illnesses requiring surgical procedures are the main factors driving the growth of the bipolar electrosurgical devices market. Growing knowledge of the advantages of electrosurgery is a major factor driving the growth of the bipolar electrosurgical equipment market. The bipolar electrosurgical devices market is growing, and one of the main factors driving this growth is rising awareness. However, prohibits healthcare facilities from updating to more advanced technology and limits access to safer, more effective surgical choices in these areas, which ultimately restricts the growth of the bipolar electrosurgical devices market.
The bipolar forceps segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the product, the bipolar electrosurgical devices market is classified into bipolar forceps, advanced vessel sealing devices, and others. Among these, the bipolar forceps segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. Bipolar forceps are widely used in minimally invasive operations due to they provide accurate tissue handling and slightly heat-spreading coagulation. The increased safety and effectiveness of bipolar forceps have led to their widespread use in ophthalmology, gynecology, and neurosurgery.
The general surgery segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the application, the bipolar electrosurgical devices market is divided into general surgery, neurosurgery, gynecology surgery, cardiovascular surgery, and others. Among these, the general surgery segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. Bipolar devices' improved control and decreased heat spread make them popular in general surgery for tissue dissection, coagulation, and artery closure.
The hospitals & clinics segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the end use, the bipolar electrosurgical devices market is divided into hospitals & clinics, ambulatory surgical centers, and others. Among these, the hospitals & clinics segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. The extensive use of bipolar devices for accurate and secure surgical applications is ensured by hospitals and clinics' developed infrastructure, cutting-edge machinery, and knowledgeable staff.
North America is estimated to hold the highest share of the bipolar electrosurgical devices market over the forecast period.
North America is estimated to hold the highest share of the bipolar electrosurgical devices market over the forecast period. The United States has about 6,120 functioning hospitals and performs 40–50 billion procedures a year for disorders like trauma, cancer, and cardiovascular diseases, according to North American American Hospital Association Statistics surgical instrument demand is driven by an increase in procedures. With more surgeries being performed, more chronic illnesses requiring surgical interventions, and improvements in healthcare infrastructure, the U.S. market for bipolar electrosurgical devices is anticipated to grow.
Asia Pacific is expected to grow at a rapid pace in the global bipolar electrosurgical devices market during the forecast period. The increased prevalence of chronic diseases like diabetes, cancer, and cardiovascular disorders, especially in China, India, and Japan, is driving the rapid growth of the Asia Pacific bipolar electrosurgical devices market. Furthermore, improvements in surgical technology, including bipolar electrosurgical instruments, and the use of less invasive procedures are improving patient outcomes. Hospitals are investing more and more in cutting-edge equipment to improve care, which is propelling regional market expansion.
Company Profiling
Major key players in the bipolar electrosurgical devices market include Olympus Corporation, BD, Baxter, Integra LifeSciences, HemoSonics, Medicom, Hemostasis, LLC, Pfizer Inc., Medline Industries, Johnson & Johnson, Teleflex Incorporated, HemCon Medical Technologies Inc., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In August 2024, The PowerSeal Curved Jaw, double-action (SJDA) and PowerSeal Curved Jaw, single-action (CJSA) are two new jaw designs that Olympus recently announced for its PowerSeal sealer/divider range of cutting-edge bipolar surgical energy devices. To accommodate dissection, gripping, and sealing preferences and approaches during surgery, the PowerSeal franchise now offers three jaw types in three shaft lengths.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the bipolar electrosurgical devices market based on the below-mentioned segments:
Global Bipolar Electrosurgical Devices Market, By Product
- Bipolar forceps
- Advanced Vessel Sealing Devices
- Others
Global Bipolar Electrosurgical Devices Market, By Application
- General Surgery
- Neurosurgery
- Gynecology Surgery
- Cardiovascular Surgery
- Others
Global Bipolar Electrosurgical Devices Market, By End Use
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Others
Global Bipolar Electrosurgical Devices Market, By Regional Analysis
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa