Technavio expects global advanced bipolar direct energy devices market to reach over $1.5 billion by 2020

Renewable energy

 

Advanced bipolar direct energy devices: Key market research findings

  • Use of next-generation and integrated bipolar energy devices
  • Growing application of bipolar electrosurgical device

Technavio has released a new market research report on the global advanced bipolar direct energy devices market, which is expected to grow at a CAGR of around 15% between 2016 and 2020. The ability of bipolar direct energy devices to enhance patients’ safety by reducing the collateral damage to the surrounding tissue is an important factor that bolsters its adoption during the forecast period. The Americas dominate the global market for bipolar direct energy devices, occupying around 45% of the overall market share. Recent technological advances and the launch of next-generation devices are the two major factors that promote market growth in this region during the estimated period.

The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.

“Manufacturers are coming up with next-generation devices to facilitate surgeons with more choices and better precision techniques. For instance, Ethicon-Endo Surgery has designed the G2 platform for ENSEAL devices, which gives tactile and visual feedback to surgeons when the vessel sealing is complete. Also, the vendors are integrating new technologies in bipolar energy devices. THUNDERBEAT is the first bipolar energy device that combines advanced bipolar and ultrasonic energies and delivers all standard and advanced form of surgical specialties such as monopolar, bipolar, ultrasonic, and advanced bipolar and ultrasonic energies,” says Brahadeesh Chandrasekaran, Lead Analyst, Healthcare & Lifesciences, Technavio Research.

The inexpensive nature and reusability of the bipolar electrosurgical device is the primary growth driver for this market. At present, conventional devices like staples and clips are used for suture but owing to their high cost and problems of displacement, most end users prefer bipolar electrosurgical devices as they help to minimize injuries.

The key players in the global advanced bipolar direct energy devices market include Ethicon Endo-Surgery, Medtronic, and Olympus. The market for bipolar direct energy devices is highly fragmented owing to the presence of multiple well-established players. To gain traction in this market, many well-established vendors are setting up manufacturing units and training centers for surgical devices as it helps them to improve the quality of products.

A more detailed analysis is available in the Technavio report, Global Advanced Bipolar Direct Energy Devices 2016-2020.

We can customize reports by other regions and specific segments upon request.

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