Direct Energy Device Market Size, Share & Trends Analysis | Global | 2024-2030 | MedCore | Includes: Electrosurgical Generators, Monopolar Electrodes, and Bipolar Devices

  • Year: 2024
  • Scope: 10 Years
  • Region: Global
  • Published Date: 2023/11/30
  • Type: MedCore

Product Description

Overall, the global direct energy device market was valued at nearly $2.7 billion in 2023. This is expected to increase over the forecast period at a CAGR of 3.3% to reach nearly $3.4 billion in 2030.

Throughout this medical market research, we analyzed over 15 direct energy device companies across 7 continents and used our comprehensive methodology to understand the market sizes, unit sales, company market shares, and to create accurate forecasts. The full report suite on the global market for direct energy devices extends its projections up to the year 2030, thereby providing a comprehensive and anticipatory understanding of the market trends and trajectories for the given period.

DATA TYPES INCLUDED

  • Unit SalesAverage Selling PricesMarket Value & Growth Trends
  • Forecasts Until 2030, and Historical Data to 2020
  • Market Drivers & Limiters for Each Segment
  • Competitive Analysis with Market Shares for Each Segment
  • Recent Mergers & Acquisitions
  • COVID19 Impact
  • Disease Overviews and Demographic Information
  • Company Profiles, Product Portfolios and SWOT for Top Competitors

Global Direct Energy Device Market Insights 

global direct energy device market

Although reusable energy devices offer advantages on a per-procedure basis, disposable alternatives remain the favored selection in the market. The reduced risk of infection associated with disposable devices makes them the preferred choice among healthcare providers. Consequently, disposable options hold a significant presence in the energy device segment, fueling unit growth across the market and serving as the primary revenue source for manufacturers.

Global Direct Energy Device Market Share Insights 

global direct energy device market

  • Medtronic maintains its global dominance, holding the top position in the market with over half of the entire market share attributed to its diverse product portfolio. Medtronic‘s Ligasure™ line, serving as a primary direct energy vessel sealer, holds a major presence in operating rooms worldwide.
  • Ethicon stands as the second-leading competitor, offering the most advanced products available within its Enseal™ and Megadyne™ product lines.
  • Olympus secures the third position in the market. The company’s distinctive product, THUNDERBEAT™, combines both direct energy and ultrasonic energy. Additionally, OlympusPOWERSEAL™, a more traditional energy device with advanced capabilities, was officially introduced in the EMEA region in 2023.

Market Segmentation Summary

  • Bipolar Device Market
  • Monopolar Electrode Market
  • Electrical Generator Market

Global Research Scope Summary

Report AttributeDetails
RegionsNorth America (Canada, United States)
Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela)
Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.)
Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine)
Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)
Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam)
Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year2023
Forecast2024-2030
Historical Data2020-2023
Quantitative CoverageMarket Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative CoverageCOVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
Data SourcesPrimary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.

CONTACT US FOR ADDITIONAL INFORMATION

For full segmentation and any questions regarding research coverage, please contact us for a complimentary demo of the full report.

 

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Direct Energy Device Market
12.1 Executive Summary
12.1.1 Global Direct Energy Device Market Overview
12.1.2 Competitive Analysis
12.1.3 Markets Included
12.1.4 Regions Included
12.2 Introduction
12.3 Market Overview
12.3.1 By Segment
12.3.2 By Region
12.4 Market Analysis and Forecast
12.4.1 Total Direct Energy Market
12.4.2 Bipolar Direct Energy Device Market
12.4.3 Monopolar Electrode Market
12.4.4 Electrosurgical Generator Market
12.5 Drivers and Limiters
12.5.1 Market Drivers
12.5.2 Market Limiters
12.6 Competitive Market Share Analysis
Medtronic
Ethicon
Olympus
ERBE
Karl Storz
CONMED
Richard Wolf
B. Braun
Stryker
Others
Chart 12‑1: Direct Energy Device Market, Global, 2023 & 2030
Chart 12‑2: Laparoscopic Procedures, Global, 2023
Chart 12‑3: Direct Energy Device Market by Segment, Global, 2020 – 2030
Chart 12‑4: Direct Energy Device Market by Region, Global, 2020 – 2030
Chart 12‑5: Leading Competitors, Direct Energy Device Market, Global, 2023
Figure 12‑1: Direct Energy Device Markets Covered
Figure 12‑2: Direct Energy Device Regions Covered, Global (1 of 2)
Figure 12‑3: Direct Energy Device Regions Covered, Global (2 of 2)
Figure 12‑4: Direct Energy Device Market by Segment, Global, 2020 – 2030 (US$M)
Figure 12‑5: Direct Energy Device Market by Region, Global, 2020 – 2030 (US$M)
Figure 12‑6: Direct Energy Device Market, Global, 2020 – 2030
Figure 12‑7: Units Sold by Region, Direct Energy Device Market, Global, 2020 – 2030
Figure 12‑8: Average Selling Price by Region, Direct Energy Device Market, Global, 2020 – 2030 (US$)
Figure 12‑9: Market Value by Region, Direct Energy Device Market, Global, 2020 – 2030 (US$M)
Figure 12‑10: Bipolar Direct Energy Device Market, Global, 2020 – 2030
Figure 12‑11: Units Sold by Region, Bipolar Direct Energy Device Market, Global, 2020 – 2030
Figure 12‑12: Average Selling Price by Region, Bipolar Direct Energy Device Market, Global, 2020 – 2030 (US$)
Figure 12‑13: Market Value by Region, Bipolar Direct Energy Device Market, Global, 2020 – 2030 (US$M)
Figure 12‑14: Monopolar Electrode Market, Global, 2020 – 2030
Figure 12‑15: Units Sold by Region, Monopolar Electrode Market, Global, 2020 – 2030
Figure 12‑16: Average Selling Price by Region, Monopolar Electrode Market, Global, 2020 – 2030 (US$)
Figure 12‑17: Market Value by Region, Monopolar Electrode Market, Global, 2020 – 2030 (US$M)
Figure 12‑18: Electrosurgical Generator Market, Global, 2020 – 2030
Figure 12‑19: Units Sold by Region, Electrosurgical Generator Market, Global, 2020 – 2030
Figure 12‑20: Average Selling Price by Region, Electrosurgical Generator Market, Global, 2020 – 2030 (US$)
Figure 12‑21: Market Value by Region, Electrosurgical Generator Market, Global, 2020 – 2030 (US$M)
Figure 12‑22: Leading Competitors, Direct Energy Device Market, Global, 2023

iData’s 9-Step Research Methodology

Our reports follow an in-depth 9-step methodology which focuses on the following research systems:

  • Original primary research that consists of the most up-to-date market data
  • Strong foundation of quantitative and qualitative research
  • Focused on the needs and strategic challenges of the industry participants

Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.

Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.

Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.

Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.

Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.

Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.

Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.

Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.

Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.

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Overall, the global direct energy device market was valued at nearly $2.7 billion in 2023. This is expected to increase over the forecast period at a CAGR of 3.3% to reach nearly $3.4 billion in 2030.

  • 2024
  • 10 Years
  • Global
  • 2023/11/30
  • MedCore
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