The Global "Bipolar Forceps Market" is expected to grow at a CAGR of 4.2% during the forecasting period (2022-2029).
Bipolar forceps are revolutionary instruments that show similar characteristics to normal surgical forceps but offer different functionality. Bipolar forceps are connected to a bipolar cable that produced bipolar energy output provided by electrosurgical generators. Surgical forceps are used to open and hold tissues, while on the other side, bipolar forceps are meant to grasp, manipulate, and coagulate selected tissues. This involves changing the state of tissues into solid or semisolid by applying electric current between the device's two tips, reducing the length of the current’s path, and producing a precise and controlled therapeutic effect. These devices are in great demand that requires critically precise temperature control and reduces tissue sticking and burning while the tissue coagulates.
The global bipolar forceps market is majorly driven by the growing prevalence of chronic diseases that require microsurgeries and the increasing demand for minimally invasive surgeries. Growing technological advancements in bipolar forceps devices have created opportunities for the device to cover the broad spectrum of application bases.
Increasing prevalence of chronic diseases requiring microsurgeries and growing demand for minimally invasive surgeries
As per World Population Ageing 2019, there were nearly 703 million people aged 65 or above 65 across the world in 2019, and the number is expected to get double by 1.5 million by the end of 2050. This growing geriatric population is adding value to the global population suffering from chronic disease; as per World Health Organisation 2018, chronic diseases kills nearly 41 million of the world’s population every year and out of which cardiovascular diseases accounts for around 17.9 million people, followed by cancer with around 9 million and respiratory diseases 3.9 million of the total population annually. These rising numbers of chronic diseases have created a huge demand for bipolar forceps devices and expect to maintain the forecast period's momentum. According to the Global Nursing and Healthcare Conference, in 2016, nearly 234 million surgical procedures were performed worldwide. These rising surgeries have uplifted the demand for microsurgeries in some severe cancer trauma cases and raised the demand for bipolar forceps in microsurgical procedures.
In November 2016, HOYA Group PENTAX Medical came up with HemoStat WideCup to support the rising demand for endoscopic procedures. It is new bipolar hot hemostasis forceps to attain easy bleeding control during endoscopic therapy procedures.
Technological advancements in bipolar forceps and the growing involvement of key players to bring the superior product to the market
Over the past few decades, electrosurgery has evolved into modern-day bipolar technology, which involves diverse coagulation instruments. Electrosurgical methods have to include highly accurate devices that offer thermal energy via nonstick and noncontract methods. Over the time, operative range of coagulation instruments has improved drastically with the incorporation of irrigating pathways, a wide range of instrument tips to perform several functions, and the application of bipolar technology to microscissors and micro forceps minimally invasive procedures. The arrival of improved and advanced technology has led to better intraoperative coagulation control while minimizing iatrogenic damage associated with tissue adherence and heat spread, thus potentially upgrading the outcomes for neurosurgical procedures. These recent advancements in electrosurgical procedures and bipolar technology have led to minimal tissue damage and improved performance delivered by bipolar devices that will positively impact bipolar forceps devices' business in the coming future.
On the other side, various key players collaborate with physicians to develop superior products for various microsurgical specialities. In 2015 Kirwan Surgical Products LLC collaborated with Neurosurgery Research and Education Foundation researchers to develop COHEN bipolar forceps. The bipolar forceps offer additional comfort during surgery with cushioned padding, while the new design offers improved visualization.
Bipolar forceps require more time to coagulate and immense competition among the key players.
Bipolar forceps have been used daily in endoscopic surgeries since their inception and are associated with increased safety and precise energy delivery. In the last few decades, a variation on the bipolar forceps has been done in bipolar hooks, scissors, needles, and forceps with cutting capabilities and optimized instrument or energy source systems. However, even after the arrival of the advanced technology, these devices offer some disadvantages, such as increased time requirement for coagulation due to low power setting, tissue adherence, and charring with incidental tearing of adjacent blood vessels. These side effects of bipolar electrosurgeries have to hamper the market's growth, especially in critical surgical cases.
According to the American Society of Plastic Surgeons, approximately 20 million surgeries were performed worldwide in 2014, and 52% were minimally invasive surgeries that involve high demand for bipolar forceps procedures. These rising numbers and growing demand lead to many competitors in the market targeting a larger population base. The growing percentage of key players worldwide has created immense competition and led to generate price variation among the manufacturers, which has shown a significant impact on the bipolar forceps market's growth.
COVID-19 Impact Analysis
The sudden outbreak of coronavirus has shown a significant impact on the bipolar forceps market's growth as minimally invasive surgeries carry the risk of aerosolization of blood-borne viruses. Therefore the Scientific Advisory Group for Emergencies (SAGE) and the European Association for Endoscopic Surgeons (EAES) have recommended patients postpone severe surgeries for a while, and the cancellation and postponing of elective procedures have reduced the demand for electrosurgical generators and hence the demand for bipolar forceps in the year 2020. Due to COVID-19, a significant drop is seen in inpatient visits to the hospitals due to temporary lockdown and constraints implemented to prevent the disease from spreading in unaffected zones. Hence end up dropping the global business of bipolar forceps in the year 2020.
The global bipolar forceps market is segmented based on product type, application, end-user, and region.
The global bipolar forceps market can be bifurcated into two segments as disposable and reusable. Out of the two disposable bipolar forceps is expected to build the largest review in the forecast period owing to shorter turnaround time, improved compatibility with the electrosurgical generators, and reduced toxic smoke. Besides, they offer minimal chances of infections post-surgery and minimum maintenance cost; hence many key players prefer to bring the advanced version of disposable bipolar forceps in the forecast period.
For instance, in 2014, the first disposable neuro forceps- Spetzler Malis, came into the market by Codman Neuro with dual irrigation channels inside both of its branches. These devices also provide the same non-stick coagulation performances as offered by the standard version of Spetzler Malis disposable bipolar forceps.
In 2020, Sutter launched a new disposable non-stick forceps – Swing, that offers precision and versatility in the operating room with a broad spectrum of available models.
Depending on the application, the bipolar forceps market can be bifurcated into general surgery, cosmetic surgery, urologic surgery, cardiovascular surgery, neurosurgery, orthopedic surgery, etc. General surgeries are more likely to take over the market of bipolar forceps in the forecast period. General surgery is a surgical procedure that focuses on abdominal content, including the large intestine, small intestine, stomach, esophagus, liver, and others. Some common general surgeries are laparoscopic, hemorrhoids, breast biopsy, colon cancer surgery, and others. The rising population and prevalence of various diseases are the factors responsible for increasing general surgical procedures worldwide. Apart from this increasing percentage of chronic diseases in developing countries, such as obesity, it has uplifted bariatric surgeries in recent years. Countries such as the U.S and Europe are among the major contributors around the globe.
Gynecological surgeries are expected to grow at the fastest rate in the forecast period due to increasing minimally invasive gynecologic surgeries, which helps cut down the longer stay in hospitals. Hence raising the percentage of gynecological surgeries is anticipated to uplift the market of bipolar forceps market in the forecast period.
North American region holds the largest market share global bipolar forceps market.
North America region holds the highest market for bipolar forceps market in present times and is expected to maintain dominance in the coming years. According to the American Heart Association, over 92.1 million of the population lived with different cardiovascular diseases until 2017. This rising chronic disease rate in the region is expected to propel the market of bipolar forceps in the conjecture time frame. Also, around 51.4 million surgeries were performed solely in the U.S in 2014. The number increased to around 5-7% in the past few years, and this rising number is propelling the demand for bipolar forceps devices in the forecast period. The rising prevalence of minimally invasive surgeries, especially in outpatient settings, adds value to the market's overall growth.
The bipolar forceps market is highly competitive, with the presence of various global companies. Some of the key players contributing to the market's growth include B.Braun, Medtronic, Erbe, Codman, Pentax Medical, Ethicon, Geyi, Sutter, Faulhaber Pinzetten, and Johnson & Johnson, among others.
The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, contributing to the global bipolar forceps market.
Overview: Sutter Medizintechnik is a leading manufacturer of electrosurgical medical products with the highest precision and quality. The company is Germany-based, where they develop, produce, and distribute innovative products for microsurgery, ENT, and neurosurgery.
Product Portfolio: The Company has a diverse product portfolio of the hyperspectral imaging system: SpecimOne, spectrograph, spectral cameras, airborne systems, software, and accessories.
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