Bipolar Forceps Market Size to Grow by USD 250.2 Mn, Increase in Volume of Surgeries Coupled with Chronic Diseases and Older Population to Boost Market Growth - Technavio

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Sep 20, 2022, 01:00 ET

NEW YORK, Sept. 20, 2022 /PRNewswire/ -- The "Bipolar Forceps Market by Type (disposable bipolar forceps and reusable bipolar forceps) and Geography (North America, Europe, Asia, and Rest of World (ROW)) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The potential growth difference for the bipolar forceps market size between 2021 and 2026 is USD 250.2 million. To get the exact CAGR and the Y-O-Y growth rate, Request our FREE PDF Sample Report

Key Market Dynamics

Technavio has announced its latest market research report titled Global Bipolar Forceps Market 2022-2026

Market Driver: An increase in the volume of surgeries coupled with chronic diseases and the older population is driving the growth of the market. The demand for surgical instruments, such as bipolar forceps, has increased with the rise in the number of surgeries. Moreover, the prevalence of chronic diseases and obesity, along with the aging population, will have a positive impact on the market growth during the forecast period. Surgical instruments such as bipolar forceps are used for cardiac surgery, cesareans, and bariatric surgeries. Thus, the presence of a large patient pool with chronic disorders will lead to a significant increase in the demand for bipolar forces for diagnosis and treatment.
Market Challenge: Lack of skilled expertise is challenging the growth of the market. In countries such as the US, Canada, India, Brazil, and Iran, there is a severe shortage of highly skilled surgeons, physicians, and technicians. Moreover, a large number of experienced healthcare professionals are nearing retirement. Hence, the unavailability of qualified laboratory personnel and surgeons will increase complications and risks during surgeries.

Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report

Market Segmentation

The bipolar forceps market report is segmented by type (disposable bipolar forceps and reusable bipolar forceps) and geography (North America, Europe, Asia, and Rest of World (ROW)). North America will be the leading region with 39% of the market's growth during the forecast period. The US is the key country for the bipolar forceps market in North America.

View our FREE PDF Sample Report for additional insights into the contribution of all the segments and regional opportunities in the report

Vendor Landscape

The bipolar forceps market is fragmented, with the presence of many global and local vendors. Vendors are deploying organic and inorganic growth strategies to compete in the market. The market is highly intense, with local and regional players posing stiff competition to global players. To remain competitive in the market, vendors are expanding their product portfolio by offering surgical sutures, stapling devices, electrosurgical devices, and handheld surgical devices with advanced technologies and compatible materials. As the market reached saturation, especially in developed countries, key players are focusing on inorganic growth strategies such as M&A. A few vendors are investing in R&D activities to revamp their existing product portfolio with technologically advanced products.

Some Companies Mentioned

ASICO LLC
B. Braun SE
Becton Dickinson and Co.
BOWA Electronic GmbH and Co. KG
Conmed Corp.
Erbe Elektromedizin GmbH
Faulhaber Pinzetten OHG
Gebruder Martin GmbH and Co. KG
Gunter Bissinger Medizintechnik GmbH
Integra Lifesciences Holdings Corp.
Johnson and Johnson
Medtronic Plc
OPHMED CO. LTD
Opmic Perkasa Mandiri. PT
P.W. Coole and Son Ltd
Stingray Surgical Products LLC
Stryker Corp.
Sutter Medizintechnik GmbH
Symmetry Surgical Inc.
Teleflex Inc.

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Bipolar Forceps Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Decelerate at a CAGR of 5.1%
Market growth 2022-2026	USD 250.2 million
Market structure	Fragmented
YoY growth (%)	5.65
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 39%
Key consumer countries	US, Germany, UK, China, and Japan
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	ASICO LLC, B. Braun SE, Becton Dickinson and Co., BOWA Electronic GmbH and Co. KG, Conmed Corp., Erbe Elektromedizin GmbH, Faulhaber Pinzetten OHG, Gebruder Martin GmbH and Co. KG, Gunter Bissinger Medizintechnik GmbH, Integra Lifesciences Holdings Corp., Johnson and Johnson, Medtronic Plc, OPHMED CO. LTD, Opmic Perkasa Mandiri. PT, P.W. Coole and Son Ltd, Stingray Surgical Products LLC, Stryker Corp., Sutter Medizintechnik GmbH, Symmetry Surgical Inc., and Teleflex Inc.
Market Dynamics	Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Key Topics Covered

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

5.1 Market segments

Exhibit 24: Chart on Type - Market share 2021-2026 (%)
Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

5.2 Comparison by Type

Exhibit 26: Chart on Comparison by Type
Exhibit 27: Data Table on Comparison by Type

5.3 Disposable bipolar forceps - Market size and forecast 2021-2026

Exhibit 28: Chart on Disposable bipolar forceps - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Disposable bipolar forceps - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Disposable bipolar forceps - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Disposable bipolar forceps - Year-over-year growth 2021-2026 (%)

5.4 Reusable bipolar forceps - Market size and forecast 2021-2026

Exhibit 32: Chart on Reusable bipolar forceps - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Reusable bipolar forceps - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Reusable bipolar forceps - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Reusable bipolar forceps - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Type

Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison

7.3 North America - Market size and forecast 2021-2026

Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026

Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 Asia - Market size and forecast 2021-2026

Exhibit 50: Chart on Asia - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on Asia - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on Asia - Year-over-year growth 2021-2026 (%)

7.6 Rest of World (ROW) - Market size and forecast 2021-2026

Exhibit 54: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)

7.7 US - Market size and forecast 2021-2026

Exhibit 58: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on US - Year-over-year growth 2021-2026 (%)

7.8 Germany - Market size and forecast 2021-2026

Exhibit 62: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026

Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 Japan - Market size and forecast 2021-2026

Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.11 UK - Market size and forecast 2021-2026

Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.12 Market opportunity by geography

Exhibit 78: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 79: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 80: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 81: Overview on factors of disruption

9.4 Industry risks

Exhibit 82: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 83: Vendors covered

10.2 Market positioning of vendors

Exhibit 84: Matrix on vendor position and classification

10.3 B. Braun SE

Exhibit 85: B. Braun SE - Overview
Exhibit 86: B. Braun SE - Business segments
Exhibit 87: B. Braun SE - Key news
Exhibit 88: B. Braun SE - Key offerings
Exhibit 89: B. Braun SE - Segment focus

10.4 Becton Dickinson and Co.

Exhibit 90: Becton Dickinson and Co. - Overview
Exhibit 91: Becton Dickinson and Co. - Business segments
Exhibit 92: Becton Dickinson and Co. - Key news
Exhibit 93: Becton Dickinson and Co. - Key offerings
Exhibit 94: Becton Dickinson and Co. - Segment focus

10.5 Conmed Corp.

Exhibit 95: Conmed Corp. - Overview
Exhibit 96: Conmed Corp. - Business segments
Exhibit 97: Conmed Corp. - Key offerings
Exhibit 98: Conmed Corp. - Segment focus

10.6 Gebruder Martin GmbH and Co. KG

Exhibit 99: Gebruder Martin GmbH and Co. KG - Overview
Exhibit 100: Gebruder Martin GmbH and Co. KG - Product / Service
Exhibit 101: Gebruder Martin GmbH and Co. KG - Key offerings

10.7 Integra Lifesciences Holdings Corp.

Exhibit 102: Integra Lifesciences Holdings Corp. - Overview
Exhibit 103: Integra Lifesciences Holdings Corp. - Business segments
Exhibit 104: Integra Lifesciences Holdings Corp. - Key news
Exhibit 105: Integra Lifesciences Holdings Corp. - Key offerings
Exhibit 106: Integra Lifesciences Holdings Corp. - Segment focus

10.8 Johnson and Johnson

Exhibit 107: Johnson and Johnson - Overview
Exhibit 108: Johnson and Johnson - Business segments
Exhibit 109: Johnson and Johnson - Key news
Exhibit 110: Johnson and Johnson - Key offerings
Exhibit 111: Johnson and Johnson - Segment focus

10.9 Medtronic Plc

Exhibit 112: Medtronic Plc - Overview
Exhibit 113: Medtronic Plc - Business segments
Exhibit 114: Medtronic Plc - Key news
Exhibit 115: Medtronic Plc - Key offerings
Exhibit 116: Medtronic Plc - Segment focus

10.10 P.W. Coole and Son Ltd

Exhibit 117: P.W. Coole and Son Ltd - Overview
Exhibit 118: P.W. Coole and Son Ltd - Product / Service
Exhibit 119: P.W. Coole and Son Ltd - Key offerings

10.11 Stingray Surgical Products LLC

Exhibit 120: Stingray Surgical Products LLC - Overview
Exhibit 121: Stingray Surgical Products LLC - Product / Service
Exhibit 122: Stingray Surgical Products LLC - Key offerings

10.12 Stryker Corp.

Exhibit 123: Stryker Corp. - Overview
Exhibit 124: Stryker Corp. - Business segments
Exhibit 125: Stryker Corp. - Key news
Exhibit 126: Stryker Corp. - Key offerings
Exhibit 127: Stryker Corp. - Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 128: Inclusions checklist
Exhibit 129: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 130: Currency conversion rates for US$

11.4 Research methodology

Exhibit 131: Research methodology
Exhibit 132: Validation techniques employed for market sizing
Exhibit 133: Information sources

11.5 List of abbreviations

Exhibit 134: List of abbreviations

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