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Vessel Sealing Devices Market Forecast 2022-27: Industry Analysis, Trends, Share, Size and Growth

The Global Vessel Sealing Devices Market size reached US$ 1.65 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.53 Billion by 2027 exhibiting a CAGR of 7.20% during 2022-2027.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Industry Definition and Application:

Vessel sealing devices are the instruments used in non-invasive surgical procedures to facilitate hemostasis and dissection during open and laparoscopic procedures. Commonly used instruments include electrothermal bipolar sealers and ultrasonic shears. Vessel sealing devices are utilized to fill the vessel wall by denaturing the collagen and elastin and completely occluding the blood vessel. These instruments require less operational time, are easy to use, assist in reducing blood loss, offer superior efficiency and reliability, and are cost-effective. As a result, vessel sealing devices find widespread applications in specialty clinics, hospitals, and ambulatory surgical centers.

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Vessel Sealing Devices Market Trends:

The escalating product need to treat various diseases, such as colorectal cancer, axillary dissection, neck surgery, chronic hepatitis, etc., is among the primary factors driving the vessel sealing devices market. Besides this, the introduction of ultrasound technology that monitors the distribution of heat and energy in bipolar instruments that aid in stronger and uniform compression is further augmenting the market growth.

Moreover, the elevating demand for safe and effective vessel sealing devices during several procedures to reduce infection rates and blood loss is also catalyzing the global market. Apart from this, the growing product popularity in laparoscopic surgeries, as they are minimally invasive and cause less postoperative pain, is acting as another significant growth-inducing factor.

Furthermore, the development of novel, high-quality instruments, the rising number of urological, cardiovascular, gynecological and orthopedic operations, and the expanding healthcare sector are expected to bolster the vessel sealing devices market in the coming years.

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Report 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

By Geography:

  • 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

List of Major Key Players:

The major players in the market are B. 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

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Kate

Kate Johnson is a content writer, who has worked for various websites. She is also a college graduate who has a B.A in Journalism.

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