Bipolar Forceps Market - Growth, Trends, and Forecasts (2020-2025)

The Bipolar Forceps market is segmented by Type (Disposable, Reusable), Application, End User and Geography

Market Snapshot

Bipolar Forceps market
Study Period: 2017-2025
Base Year: 2019
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 5.2 %

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Market Overview

The Bipolar Forceps market studied is expected to grow with an anticipated CAGR of 5.2%, during the forecast period.

The major drivers propelling the growth of Bipolar Forceps market are the increasing prevalence of chronic diseases and the increasing adoption to minimally invasive procedures globally. According to the United Nations, World Population Ageing 2019, there were 703 million people aged 65 years or over in the world in 2019 and the number is projected to double to 1.5 billion in 2050. According to World Health Organization 2018, globally, chronic diseases kills more than 41 million people each year. Cardiovascular diseases account for most deaths caused by chronic diseases (17.9 million people annually), followed by cancers (9 million), respiratory diseases (3.9 million), and diabetes (1.6 million). The increase in geriatric population results in the increased prevalence of chronic diseases and thereby, rises the demand for various surgeries.Additionally, the increasing investments in the research and development activities for the innovation of advanced bipolar forceps products by major players are expected to drive the market. Thus, considering the mentioned facts and key drivers, the studied market is anticipated to propel over the forecast period.

Scope of the Report

Bipolar Forceps are the advanced medical instruments that are used in surgical procedures to grasp, manipulate and coagulate selected tissue.The electric current alternates between the two tips of the bipolar forceps and thus, reduces the length of the current’s path and aids in producing a precise, controlled therapeutic effect.

By Type
Disposable
Reusable
By Application
General Surgery
Gynecology
Neurology
Plastic Surgery
Others
By End User
Hospitals
Ambulatory Surgical Centers
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

The Disposable Segment is Expected to grow significantly over the Forecast Period

The disposable bipolar forceps are sterile single-use instruments mostly available in stainless steel. The disposable bipolar forceps offer freedom from autoclaving and reprocessing, repair, repeated handling, and are cost effective instruments. Some of the disposable bipolar forceps available commercially include LIBERTY, COHEN, LIBERTY AURA,ActiLine EcoCeps and many more. Among the disposable bipolar forceps, non-stick bipolar forceps are highly used as it provides various benefits such as prevention of tissue sticking to the tip, doesn't require cleaning , reduces toxic surgical smoke and are compatible with standard eletrosurgery units. The Stryker Corporation's Spetzler-Malis Disposable Bipolar Forceps is one such non-stick bipolar foreceps that delivers optimal sightlines, balanced high-comfort ergonomics, and superb non-stick coagulation performance. Thus, in view of the increased advantages of the disposable bipolar forceps, the studied segment is expected to grow over the forecast period.

Bipolar Foreceps Market trend 1_ Graph.png

North America has a dominant share in Bipolar Forceps market and is anticipated to grow tremendously over the forecast period

The rise in geriatric population, increasing prevalence of chronic diseases and the increasing adoption to minimally invasive procedures are expected to drive the growth of studied market in North America. According to Globocan 2018 report, there were 2,129,118 new cancer cases and 616,714 deaths due to cancer in United States in 2018 and the top five cancers were breast cancer (11%), Lung (10.7%), Prostate (10%), Colon (4.7%) and Bladder (3.9%) cancers. Additionally, most of the major players of the studied market such as Johnson and Johnson, Medtronic, CONMED Corporation, Becton, Dickinson and Company and many more are concentrated in United States. Thus, in view of the aforementioned factors, North America is expected to propel significantly in the Bipolar Forceps market over the forecast period.

Bipolar Foreceps Market geo_ Graph.png

Competitive Landscape

The Bipolar Forceps market is highly competitive and consists of many major players, that dominate the market. The major players of the studied market include Stryker Corporation, CONMED Corporation, Medtronic plc,B. Braun Melsungen AG, Johnson and Johnson,KLS Martin Group, Becton, Dickinson and Company and many more. The major players are evolving various strategies such as investment in Research and Development, collaborations and acquisitions for the expansion of their product portfolio.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Prevalence of Chronic Diseases

      2. 4.2.2 Growing Adoption of Minimally Invasive Procedures

    3. 4.3 Market Restraints

      1. 4.3.1 Lack of Awareness Regarding Advanced Surgical Devices and High Cost of Devices in Developing Countries

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Disposable

      2. 5.1.2 Reusable

    2. 5.2 By Application

      1. 5.2.1 General Surgery

      2. 5.2.2 Gynecology

      3. 5.2.3 Neurology

      4. 5.2.4 Plastic Surgery

      5. 5.2.5 Others

    3. 5.3 By End User

      1. 5.3.1 Hospitals

      2. 5.3.2 Ambulatory Surgical Centers

      3. 5.3.3 Others

    4. 5.4 Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Mexico

      2. 5.4.2 Europe

        1. 5.4.2.1 Germany

        2. 5.4.2.2 United Kingdom

        3. 5.4.2.3 France

        4. 5.4.2.4 Italy

        5. 5.4.2.5 Spain

        6. 5.4.2.6 Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. 5.4.3.1 China

        2. 5.4.3.2 Japan

        3. 5.4.3.3 India

        4. 5.4.3.4 Australia

        5. 5.4.3.5 South Korea

        6. 5.4.3.6 Rest of Asia-Pacific

      4. 5.4.4 Middle-East and Africa

        1. 5.4.4.1 GCC

        2. 5.4.4.2 South Africa

        3. 5.4.4.3 Rest of Middle-East and Africa

      5. 5.4.5 South America

        1. 5.4.5.1 Brazil

        2. 5.4.5.2 Argentina

        3. 5.4.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 CONMED Corporation

      2. 6.1.2 KLS Martin Group

      3. 6.1.3 Medtronic plc

      4. 6.1.4 Stryker Corporation

      5. 6.1.5 B. Braun Melsungen AG

      6. 6.1.6 Johnson & Johnson

      7. 6.1.7 Becton, Dickinson and Company

      8. 6.1.8 Surgical Holdings, Inc

      9. 6.1.9 Integra LifeSciences

      10. 6.1.10 Stingray Surgical Products, LLC.

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape Covers - Business Overview, Financials, Products and Strategies, and Recent Developments

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Frequently Asked Questions

The Bipolar Forceps Market market is studied from 2017 - 2025.

The Bipolar Forceps Market is growing at a CAGR of 5.2% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2019.

CONMED Corporation , Medtronic plc , Stryker Corporation , B. Braun Melsungen AG , Johnson & Johnson are the major companies operating in Bipolar Forceps Market .

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