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Direct Energy Devices Market Size, Share & COVID-19 Impact Analysis | Global | 2020-2026 | MedCore | Includes: Bipolar/Monopolar Direct Energy Devices & Electrosurgical Generators

  • Year: 2020
  • Scope: 10 Years
  • Region: Global
  • Published Date: 09/21/2020
  • Type: MedCore

The global direct energy devices market size is expected to reach nearly $3 billion by 2026, with the electrosurgical generator segment showing the highest growth. Currently, over one-third of the global market share is controlled by Medtronic and Ethicon.

Global Direct Energy Devices Market Size Growth, 2016-2026

The market for direct energy devices is divided into monopolar and bipolar devices and electrosurgical generators. Direct energy products are necessary for cutting and coagulating tissue during surgery. Electrosurgery is commonly used during endoscopic, laparoscopic and open procedures. Monopolar and advanced bipolar products provide cutting and coagulation functions, while standard bipolar products are only used for coagulation.

Globally, the market demand for direct energy devices is growing, bolstered by newer, disposable advanced bipolar devices. Sales of advanced bipolar devices will also continue to facilitate new sales of electrosurgical generators, as hospitals look to upgrade their current systems to match their new direct energy and ultrasonic devices. The monopolar device market is expected to remain stable over the forecast period, with disposable products generating the vast majority of the market value in this segment.

How’s COVID-19 Impacting The Direct Energy Market?

In 2020, the global direct energy device market size saw a decrease decline of nearly 9% when compared to the valuation of $2.6 billion in 2019. The global market is expected to reach its pre-COVID levels in late 2021 and fully recover.

This market analysis considered different rates of canceled/postponed elective surgeries between specialties and also by regions, estimated for the three-month peak of the pandemic. The lowest share of postponed elective surgeries is estimated in Africa at slightly over 60% of elective surgeries. However, the same cannot be said for the European, North American, Latin American, and Asia Pacific regions.

What Are The Top Direct Energy Companies?

Globally, over 30% of the direct energy market share is controlled by Medtronic and Ethicon.

Top Global Direct Energy Device Companies

Medtronic dominates the global direct energy device market, which is attributed to the company’s strong presence in every segment. The LigaSure™ vessel sealing system has been the most successful of the advanced bipolar devices, outcompeting Ethicon’s ENSEAL® device over the last few years. The wide variety of available electrosurgical instruments and established reputation for quality has strongly contributed to Medtronic’s leading position in the direct energy market and will ensure that the company remains dominant over the next 6 years.

Ethicon is the second-leading competitor in the global direct energy device market, with a strong presence in the advanced bipolar, monopolar electrode, and monopolar hand device segments. Competing directly with Medtronic, Ethicon has been recently losing market share, and the company shifted its focus to ultrasonic devices, where it holds the leading share.

Top Global Direct Energy Device Companies Analyzed

  • Applied Medical
  • Ackermann Instrumente
  • B. Braun
  • Becton Dickinson
  • Bovie Medical
  • CONMED
  • ERBE
  • Ethicon
  • Karl Stroz
  • KLS Martin Group
  • Lamidey Noury
  • LaproSurge
  • LiNA Medical
  • Locamed
  • Medtronic
  • Microline Surgical
  • Olympus
  • Richard Wolf
  • Seeman Technologies
  • Welfare Medical
  • WISAP Medical Technology

Market Segmentation Summary

This market research takes a look at the largest segments within the global direct energy device market and provides a forecast of the Units Sold, Average Selling Prices, Market Sizes, and more. The segments included are:

  • Monopolar Direct Energy Device Market | Global | 2020-2026 
  • Electrosurgical Generator Market | Global | 2020-2026
  • Bipolar Direct Energy Device Market | Global | 2020-2026

Global Research Scope Summary

Report Attribute Details
Regions North America (Canada, United States)
Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela, and more)
Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K., and more)
Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine, and more)
Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, and more)
Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam, and more)
Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda, and more)
Base Year 2019
Forecast 2020-2026
Historical Data 2016-2019
Quantitative Coverage Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative Coverage COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Clinical Trials, Disruptive Technologies, Disease Overviews.
Data Sources Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.

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Top Global Direct Energy Device Companies Analyzed

  • Applied Medical
  • Ackermann Instrumente
  • B. Braun
  • Becton Dickinson
  • Bovie Medical
  • CONMED
  • ERBE
  • Ethicon
  • Karl Stroz
  • KLS Martin Group
  • Lamidey Noury
  • LaproSurge
  • LiNA Medical
  • Locamed
  • Medtronic
  • Microline Surgical
  • Olympus
  • Richard Wolf
  • Seeman Technologies
  • Welfare Medical
  • WISAP Medical Technology

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