LONDON--(BUSINESS WIRE)--The global bipolar electrosurgical devices market 2018-2022 is expected to post a CAGR of close to 16% during the forecast period, according to the latest market research report by Technavio.
A key factor driving the growth of the market is the growing demand for MI surgeries. The popularity and demand for MI surgery are increasing as it has many benefits, such as less pain and discomfort, low chances of infection and bleeding, shorter hospital stay, no or smaller scars, and quick recovery. MI surgeries include laparoscopic surgery, thoracic surgery, and orthopedic surgery. Cholecystectomy, which is the process of removing the gallbladder is the most commonly performed surgery in the US.
This market research report on the global bipolar electrosurgical devices market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
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In this report, Technavio highlights the integration of new technologies in bipolar systems as one of the key emerging trends in the global bipolar electrosurgical devices market:
Global bipolar electrosurgical devices market: Integration of new technologies in bipolar systems
Manufacturers are competing by integrating new technologies in their devices. For instance, Olympus Medical developed THUNDERBEAT, a bipolar energy device that combines advanced bipolar and ultrasonic energies. The device can be used for cutting and sealing procedures. This multifunctional device allows surgeons to rapidly cut and seal vessels up to 7 mm. the major advantage of this device is that sealing and cutting occur in a single process, leading to faster tissue division, comfortable preparation, and effective sealing.
“Bipolar electrosurgical devices improve surgical precision and help surgeons conduct surgical procedures. Apart from bipolar energy, the device delivers all standard and advanced forms of energy used in surgical procedures, such as monopolar, ultrasonic, and advanced ultrasonic energies,” says a senior analyst at Technavio for research on infectious and rare diseases.
Global bipolar electrosurgical devices market: Segmentation analysis
This market research report segments the global bipolar electrosurgical devices market by product (advanced vessel sealing devices and bipolar forceps) and geographical regions (APAC, EMEA, and the Americas).
The Americas led the market in 2017 with a market share of around 42%, followed by APAC and EMEA respectively. Although APAC held the smallest share of the market, it is expected to witness the maximum increase in its market share over the forecast period.
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Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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