Global Bipolar Forceps Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Bipolar Forceps Market” is the title of an upcoming report offered by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in to various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global bipolar forceps market has been segmented on the basis of type, application, end-use, as well as regions and countries.
Bipolar forceps are designed to grasp, manipulate and coagulate selected tissue. The electric current alternates between the two tips, reducing the length of the current’s path and producing a precise, therapeutic effect.
The increasing prevalence of chronic diseases that are being brought about due to a host of assorted elements, for which there has been a subsequent increase in the number of surgical procedures being carried out across the world. This is a primary factor that is anticipated to continue to fuel the revenue growth of the global bipolar forceps market over the next 10 years.
Moreover, the increasing adoption and preference for minimally invasive surgical procedures across the world, due to the many benefits they offer such as quicker recovery, shorter procedure durations, etc., is another factor that is slated to contribute to the future market growth of this global industry.
In light of the recent COVID-19 outbreak, the operations of numerous industries have been either temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. The global bipolar forceps industry is no different, and this factor is expected to negatively impact the revenue growth of the global bipolar forceps market in the years to come.
Nonetheless, increasing investments by key industry players towards future R&D activities, as well as the incorporation of various technological advancements to improve existing comfort and patient care levels are other factors that are anticipated to influence the revenue growth of the global bipolar forceps market in the foreseeable future.
Segmentation of the global bipolar forceps market is as follows:
In terms of type, the disposable segment accounted for the maximum number of revenue shares of the global bipolar forceps market in 2020, and is expected to index a high CAGR over the next decade. This can be attributed to lower toxic smoke levels, quicker turnaround times, minimized chance of infections, as well as their compatibility with electrosurgical generators.
On the basis of application, the general surgery segment accounted for the highest number of revenue shares of the global bipolar forceps market in 2020. This can be attributed to the steady increase in number of surgeries being undertaken due to an ever-growing global geriatric population. However, the gynecology segment is anticipated to register the highest CAGR in the coming years.
With regards to end-use, the hospitals segment accounted for the maximum number of revenue shares of the global bipolar forceps market in 2020, However, the ambulatory surgical centers segment is also slated to index the fastest rate of revenue growth over the forecast period.
Regional Segmentation and Analysis:
North America accounted for the highest number of revenue shares of the global bipolar forceps market in 2020, and is slated to continue to do so over the forecast period. The markets in Europe and the Asia Pacific regions are expected to register the high CAGR’s respectively in the coming years.
Segmentation of the Global Bipolar Forceps Market:
Segmentation by Application:
- General surgery
- Plastic surgery
Segmentation by Type:
Segmentation by End-Use:
- Specialty clinics
- Ambulatory surgical centers
Segmentation by Regions:
- North America
- South America
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Historical Period 2015-2020 Base Year 2021 Forecast Period 2022–2031 Revenue in US$ Mn
- ConMed Corporation
- Medtronic Plc
- KLS Martin Group
- Braun Melsungen AG
- Stryker Corporation
- Becton, Dickinson and Company
- Johnson & Johnson
- Integra LifeSciences Corporation
- Stingray Surgical Products LLC
- Surgical Holdings
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