South Korea Bipolar Forceps Market Size & Outlook

The bipolar forceps market in South Korea is expected to reach a projected revenue of US$ 30.4 million by 2027. A compound annual growth rate of 4.5% is expected of South Korea bipolar forceps market from 2021 to 2027.

Revenue, 2020 (US$M)
$22.3
Forecast, 2027 (US$M)
$30.4
CAGR, 2021 - 2027
4.5%
Report Coverage
South Korea

South Korea bipolar forceps market highlights

  • The South Korea bipolar forceps market generated a revenue of USD 22.3 million in 2020 and is expected to reach USD 30.4 million by 2027.
  • The South Korea market is expected to grow at a CAGR of 4.5% from 2021 to 2027.
  • In terms of segment, disposable was the largest revenue generating type in 2020.
  • Disposable is the most lucrative type segment registering the fastest growth during the forecast period.


Bipolar forceps market data book summary

Market revenue in 2020USD 22.3 million
Market revenue in 2027USD 30.4 million
Growth rate4.5% (CAGR from 2020 to 2027)
Largest segmentDisposable
Fastest growing segmentDisposable
Historical data2016 - 2019
Base year2020
Forecast period2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationDisposable, Reusable
Key market players worldwideConmed Corp, Medtronic PLC, KLS Martin Group, B. Braun, Stryker Corp, Becton Dickinson & Co, Johnson & Johnson, Integra Lifesciences Holdings Corp, Stingray Surgical Products, Surgical Holdings


Other key industry trends

  • In terms of revenue, South Korea accounted for 2.8% of the global bipolar forceps market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Asia Pacific, Japan bipolar forceps market is projected to lead the regional market in terms of revenue in 2027.
  • Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 69.9 million by 2027.

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Bipolar Forceps Market Companies

Name Profile # Employees HQ Website

South Korea bipolar forceps market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bipolar forceps market will help companies and investors design strategic landscapes.


Disposable was the largest segment with a revenue share of 55.61% in 2020. Horizon Databook has segmented the South Korea bipolar forceps market based on disposable, reusable covering the revenue growth of each sub-segment from 2016 to 2027.


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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea bipolar forceps market, including forecasts for subscribers. This country databook contains high-level insights into South Korea bipolar forceps market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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South Korea bipolar forceps market size, by type, 2016-2027 (US$M)

South Korea Bipolar Forceps Market Share, 2020 & 2027 (US$M)

South Korea bipolar forceps market size, by type, 2016-2027 (US$M)

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