PUBLISHER: IMARC | PRODUCT CODE: 1370397
PUBLISHER: IMARC | PRODUCT CODE: 1370397
Vessel Sealing Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
Market Overview:
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.
Vessel sealing devices refer to instruments used in non-invasive surgical procedures to facilitate dissection and hemostasis during open and laparoscopic procedures. Electrothermal bipolar vessel sealers and ultrasonic shears are some of the commonly used vessel sealing devices. They consist of ultrasonic, bipolar and hybrid energies and are helpful in coagulation, cutting and dissection applications. Vessel sealing devices are widely used to seal the vessel wall by denaturing the collagen and elastin in the wall and completely occluding the blood vessel. These devices are easy to use, require less operational time, assist in reducing blood loss, offer superior efficiency and reliability, and are cost-effective. As a result, vessel sealing devices are widely used in specialty clinics, hospitals and ambulatory surgical centers.
Vessel Sealing Devices Market Trends:
The increasing geriatric population that is more prone to chronic diseases is one of the key factors creating a positive outlook for the market. Vessel sealing devices are widely used to treat colorectal cancer, neck surgery, axillary dissection, and chronic hepatitis, amongst others. Additionally, the widespread product adoption in laparoscopic surgeries as they are minimally invasive and cause less postoperative pain, is favoring the market growth. Apart from this, the introduction of ultrasound technology that monitors the distribution of heat and energy and bipolar devices that assist in stronger and uniform compression, are also providing a thrust to the market growth. Moreover, the increasing demand for safe and effective instruments during surgeries to reduce infection rates and blood loss is inflating the overall sales of medical sealing devices, thus positively impacting the market growth. Other factors, including the development of novel, high-quality vessel sealing devices, a rise in the number of gynecological, urological, cardiovascular and orthopedic surgeries, and significant expansion in the medical industry, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global vessel sealing devices market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, application and end user.
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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Key Questions Answered in This Report
- 1. How big is the global vessel sealing devices market?
- 2. What is the expected growth rate of the global vessel sealing devices market during 2023-2028?
- 3. What are the key factors driving the global vessel sealing devices market?
- 4. What has been the impact of COVID-19 on the global vessel sealing devices market?
- 5. What is the breakup of the global vessel sealing devices market based on the product?
- 6. What is the breakup of the global vessel sealing devices market based on the application?
- 7. What is the breakup of the global vessel sealing devices market based on the end user?
- 8. What are the key regions in the global vessel sealing devices market?
- 9. Who are the key players/companies in the global vessel sealing devices market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Vessel Sealing Devices Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Generators
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Instruments
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Accessories
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 General Surgery
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Laparoscopic Surgery
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by End User
- 8.1 Hospitals and Specialty Clinics
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Ambulatory Surgical Centers
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 B. Braun Melsungen AG
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 SWOT Analysis
- 14.3.2 BOWA-electronic GmbH & Co. KG
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Erbe Elektromedizin GmbH
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Hologic Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Intuitive Surgical Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Johnson & Johnson
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 KLS Martin Group
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Lamidey Noury Medical
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Medtronic plc
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Olympus Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 OmniGuide Holdings Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Xcellance Medical Technologies Private Limited
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.1 B. Braun Melsungen AG
List of Figures
- Figure 1: Global: Vessel Sealing Devices Market: Major Drivers and Challenges
- Figure 2: Global: Vessel Sealing Devices Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Vessel Sealing Devices Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Vessel Sealing Devices Market: Breakup by Product (in %), 2022
- Figure 5: Global: Vessel Sealing Devices Market: Breakup by Application (in %), 2022
- Figure 6: Global: Vessel Sealing Devices Market: Breakup by End User (in %), 2022
- Figure 7: Global: Vessel Sealing Devices Market: Breakup by Region (in %), 2022
- Figure 8: Global: Vessel Sealing Devices (Generators) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Vessel Sealing Devices (Generators) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Vessel Sealing Devices (Instruments) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Vessel Sealing Devices (Instruments) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Vessel Sealing Devices (Accessories) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Vessel Sealing Devices (Accessories) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Vessel Sealing Devices (General Surgery) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Vessel Sealing Devices (General Surgery) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Vessel Sealing Devices (Laparoscopic Surgery) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Vessel Sealing Devices (Laparoscopic Surgery) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Vessel Sealing Devices (Hospitals and Specialty Clinics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Vessel Sealing Devices (Hospitals and Specialty Clinics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Vessel Sealing Devices (Ambulatory Surgical Centers) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Vessel Sealing Devices (Ambulatory Surgical Centers) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: North America: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: North America: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: United States: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: United States: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Canada: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Canada: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Asia-Pacific: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Asia-Pacific: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: China: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: China: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Japan: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Japan: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: India: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: India: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: South Korea: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: South Korea: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Australia: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Australia: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Indonesia: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Indonesia: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Others: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Others: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Europe: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Europe: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Germany: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Germany: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: France: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: France: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: United Kingdom: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: United Kingdom: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Italy: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Italy: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Spain: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Spain: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Russia: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Russia: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Others: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Others: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Latin America: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Latin America: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Brazil: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Brazil: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Mexico: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Mexico: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Others: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Others: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Middle East and Africa: Vessel Sealing Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Middle East and Africa: Vessel Sealing Devices Market: Breakup by Country (in %), 2022
- Figure 70: Middle East and Africa: Vessel Sealing Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Global: Vessel Sealing Devices Industry: SWOT Analysis
- Figure 72: Global: Vessel Sealing Devices Industry: Value Chain Analysis
- Figure 73: Global: Vessel Sealing Devices Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Vessel Sealing Devices Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Vessel Sealing Devices Market Forecast: Breakup by Product (in Million US$), 2023-2028
- Table 3: Global: Vessel Sealing Devices Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Vessel Sealing Devices Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 5: Global: Vessel Sealing Devices Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Vessel Sealing Devices Market: Competitive Structure
- Table 7: Global: Vessel Sealing Devices Market: Key Players
