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Advancement in Surgical Technology driving the Vessel Sealing Devices Market Growth; to Witness a CAGR of 5.6% during 2019-2025

Vessel Sealing Devices Market

The global vessel sealing devices market is expected to grow significantly from USD 3,585.2 million in 2018 to USD 5,236.4 million in 2025, at a CAGR of 5.6% from 2019 to 2025.The demand for vessel sealing devices is owing to the rising demand of minimally invasive surgical procedures, and development of advanced vessel sealing instruments. Moreover, favorable government initiatives and growing investment in research & development activities are further propelling the industry growth.

Hemorrhage is one of the most frequent complications during the surgery. To reduce the hemorrhage-related morbidity, surgeons are increasingly using vessel sealing devices. Vessel sealing devices has advanced rapidly in the last decade with new devices becoming available. The introduction of newer sealing system has revolutionized the technique of hemostasis laparoscopic and open surgery. Vessel sealing devices allow for rapid sequential tissue and vessel sealing, coagulation, and transection.

Additionally, growing research and development activities and technological advancements have significantly increased the demand for vessel sealing devices. The technological advancements in bipolar and ultrasonic energy devices are routinely utilized for sealing and transecting blood vessels in number of surgical procedures such as urologic, colorectal, gynecologic, and cardio-thoracic. In addition, various medical device companies are focusing on the development of innovative products and strategic acquisitions as a key business strategy, which exhibits high-growth potential in the near future. The emerging markets such as India, Mexico, China, and Brazil have become attractive for the medical device companies engaged in the development and marketing of the vessel sealing devices.

Key findings from the report:

  • The global vessel sealing devices market is expected to reach USD 5,236.4 Million by 2025 at a CAGR of 5.6% during 2019-2025
  • Based on Surgery, the Laparoscopic held a significant share of the market in 2018
  • On the basis of Energy, the Bipolar segment is projected to grow at a healthy CAGR during 2019-2025, owing to technological advancements and growing adoption of bipolar electrosurgical devices
  • Geographically, North America held the major share of the global market in 2018
  • Some of the key companies operating in the market include ErbeElektromedizin GmbH, OmniGuide Holdings, Inc., SYMMETRY SURGICAL INC, Olympus Corporation, B. Braun Melsungen AG, Medtronic, KLS Martin Group., Bolder Surgical Holdings, Inc., EMED, and LAMIDEY NOURY MEDICAL, among others

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The report provides the market value for the base year 2018 and a yearly forecast till 2025 in terms of revenue (USD Million). The report segments vessel sealing devices market on the basis of product, surgery, energy, application, end-user, and region.

By Product

  • Instruments
  • Generators
  • Accessories

By Surgery

  • Open Surgery
  • Laparoscopic

By Energy

  • Ultrasonic
  • Bipolar
  • Hybrid

By Application

  • Cardiovascular Surgery
  • Orthopedic Surgery
  • General Surgery
  • Gynecology Surgery
  • Urological Surgery
  • Others

By End-User

  • Ambulatory Surgical Centers
  • Hospitals
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Central & South America
  • Middle East and Africa (MEA)

Advancement in Surgical Technology driving the Vessel Sealing Devices Market Growth; to Witness a CAGR of 5.6% during 2019-2025

The post Advancement in Surgical Technology driving the Vessel Sealing Devices Market Growth; to Witness a CAGR of 5.6% during 2019-2025 appeared first on Energias Market Research.



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Advancement in Surgical Technology driving the Vessel Sealing Devices Market Growth; to Witness a CAGR of 5.6% during 2019-2025

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