Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
The increasing population globally and rising number of chronic disease and different surgeries has increasing demand for the healthcare facilities and devices/tools. The healthcare facilities system widely has growing requirement for various surgical devices like bipolar forceps. The bipolar forceps are likely similar to normal surgical forceps in shape but these bipolar forceps are ideally made with different raw material for assisting the healthcare professional with enhances stiffness, strength, and durability. The market is expected to witness the significant pace during the forecast period.
The bipolar forceps market is driven by increasing prevalence of chronic diseases. The various chronic disease are rapidly increasing globally which has led the increasing burden of patients therefore the hospital and physician has growing requirement for technologically advanced bipolar forceps. The growing physician and surgeon requirement for bipolar forceps to manage their surgery procedure effectively has provided an opportunity for bipolar forceps market growth. Also, growing adoption of minimally invasive procedures for different surgeries has fuel the market growth.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the bipolar forceps market. In addition, complete analysis of changes on the bipolar forceps market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. Due to COVID-19 the market was affected moderately due to slow production and disruption of the supply chain for months. However, post COVID-19 the market is expected to rise in significant pace.
The bipolar forceps market is segmented based on by type, application, end user and geography.
The bipolar forceps market is available in type like disposable, reusable. Disposable is likely to lead in the global bipolar forceps market owing to factors like avoidance of cross contamination in bipolar forceps. In addition, it minimize the chance of infection by disposable bipolar forceps which has boosted the growth of market. Also, shorter turnaround time, reduced toxic smoke has fuelled the growth of bipolar forceps market
The bipolar forceps market finds application in gynecology, general surgery, neurosurgery, plastic surgery. General surgery is anticipated to lead in the global bipolar forceps market. General surgery are increasing in number every year therefore it has become necessary for advanced bipolar forceps surgical devices. The new bipolar devices forceps are often made with different raw material which further enhances the strength, stiffness and durability of products further has accelerated its demand in General surgery. Also, rising number of gynecology patients has boosted the growth of global bipolar forceps market.
The bipolar forceps market has end user in hospitals, specialty clinics, and ambulatory surgical centers. Hospitals is expected to dominate in the global bipolar forceps market as the there is growing requirement for these surgical devices in invasive procedure. Besides, increasing patient awareness for the advanced surgical devices and their outcomes has accelerated the demand for the market. Also, use of these surgical devices in surgery like Gynecology, General surgery, Neurosurgery, Plastic surgery has boosted the growth of segment thereby fueling global bipolar forceps market. Whereas Ambulatory surgical centers is expected to witness the growth at highest pace during the projection period (2020-2027). The growing number of Ambulatory surgical centers globally has fuelled the demand for global bipolar forceps market.
The global bipolar forceps market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW). North America is projected to estimate largest share of the global bipolar forceps market. The growth of the region is due to established healthcare market and constant innovation for new concept products in the healthcare device business. Furthermore, the bipolar forceps market in North America has increasing demand as the region is experiencing growing incidence of diseases like neurology, cardiology. In addition, increasing technological adoption is key factor for the market to maintain its dominance in the region. Besides, rising disposable income is fuelling the growth of global bipolar forceps market. On the other hand, Europe is expected to witness increasing demand for the global bipolar forceps market owing to developed healthcare infrastructure. Whereas Asia Pacific is anticipated to witness the growth at highest pace during the forecast period attributing to rising awareness for new innovation and modern surgical devices in emerging countries like China, Japan and India.
The key players in bipolar forceps market are Adeor Medical AG, B. Braun Melsungen AG, Becton, Dickinson and Company, BOWA, Conmed Corporation, Erbe, Faulhaber Pinzetten, Gunter Bissinger, Integra LifeSciences, Johnson & Johnson, KLS Martin Group, LiNA Medical, Medtronic plc, Micromed, PMI, Stingray Surgical Products, LLC., Stryker Corporation, Surgical Holdings, Inc, Sutter and Tekno-Medical Optik-Chirurgie GmbH among others.
The report analyses the bipolar forceps market based on by type, application, end user and geography. The bipolar forceps market is available in type like disposable, reusable. Disposable is likely to lead in the global bipolar forceps market owing to factors like avoidance of cross contamination in bipolar forceps. The bipolar forceps market finds application in gynecology, general surgery, neurosurgery, plastic surgery. General surgery is anticipated to lead in the global bipolar forceps market. The bipolar forceps market has end user in hospitals, specialty clinics, and ambulatory surgical centers. Hospitals is expected to dominate in the global bipolar forceps market as the there is growing requirement for these surgical devices in invasive procedure. The global bipolar forceps market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW).
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