Vessel Sealing Devices Market Size, Industry Trends and Report Outlook 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Vessel Sealing Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global vessel sealing devices market overview, size, growth, trends, share and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. The global vessel sealing devices market size reached US$ 1.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.9% during 2023-2028.

What is Vessel Sealing Devices?

Vessel sealing devices are advanced medical instruments that provide superior hemostasis during surgical procedures. They rely on electrosurgery, which uses high-frequency electric current to coagulate and cut tissue. They help in the effective sealing of the vessel walls and minimizing blood loss. They are widely used in general, urology, gynecology, and cardiovascular surgery. They allow surgeons to perform intricate operations with greater precision and minimal blood loss. They also aid in preventing the risk of postoperative complications and shorter hospital stays. Besides this, as they improve patient outcomes and enhance overall surgical efficiency, the demand for vessel sealing devices is rising globally.

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Global Industry Trends and Drivers:

The rising global incidence of chronic diseases, such as cardiovascular disorders and cancer, represents one of the key factors positively influencing the market. Additionally, there is a rise in the severity of road accidents and sports injuries, which is catalyzing the demand for surgical devices. Furthermore, the ongoing advancements in medical device technology are resulting in the development of efficient and safe vessel sealing devices, which are contributing to market growth. Apart from this, the growing consciousness among individuals about the advantages offered by minimally invasive surgeries is offering a favorable market outlook. Moreover, the rising healthcare expenditure and the expanding geriatric population, who are highly susceptible to various health conditions requiring surgery, are favoring market growth. Besides this, the growing awareness among healthcare providers of the benefits of vessel sealing devices for enhanced patient outcomes and surgical efficiency is driving the market. Additionally, the development of technologically advanced devices with automatic tissue thickness sensing is propelling the market growth.

What Is Included In Market Segmentation?

The report has been segmented the market into following categories:

Breakup by Product:

Generators
Instruments
Accessories

Breakup by Application:

General Surgery
Laparoscopic Surgery

Breakup by End User:

Hospitals and Specialty Clinics
Ambulatory Surgical Centers

Breakup by Region:

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

Braun Melsungen AG, BOWA-electronic GmbH & Co. KG, Erbe Elektromedizin GmbH, Hologic Inc., Intuitive Surgical Inc., Johnson & Johnson, KLS Martin Group, Lamidey Noury Medical, Medtronic plc, Olympus Corporation, OmniGuide Holdings Inc. and Xcellance Medical Technologies Private Limited.

Key highlights of the Report: