Vessel Sealing Devices Market Report Expects the Market Value of USD 5171.09 MN By 2027
Posted On February 19, 2021
The Global Vessel Sealing Devices Market is anticipated to grow at a compound annual growth rate (CAGR ) of 5% during 2020-2027. The market will outgrow to USD 5171.09 MN by 2027 as per the research conducted by Value Market Research. Vessel sealing devices are used to fuse vessels and tissue bundles without dissection or isolation permanently. The increasing preferences for endoscopic and laparoscopic surgical procedures and the growing use of energy-based devices worldwide are the key drivers for this market's growth. The enhanced sealing capability, reduced surgery time, minimal blood loss, the multifunctional and significant hemostatic effect produced by these devices make them the most sought after by surgeons. These sealing devices’ demand will continue to grow at a steady pace across varied surgical platforms like general surgery, gynecology, urology, cardiac-surgery, thoracic-surgery, etc. The growing investment in veterinary services will expand the market in the animal welfare sector. The high costs of these devices and the lack of skilled professionals are some of the market's challenges.
Vessel sealing devices are used in laparoscopic procedures to fuse vessel walls and create seals using electrical current and mechanical pressure. They can be used to seal vessels up to 7 mm in diameter surgically. These devices are used as a replacement for surgical ligation and help reduce intraoperative blood loss, surgery duration, and postoperative complications. Their superior properties like strong hemostatic power, low mist generation, and low thermal effects make them increasingly popular in surgical procedures. These automated devices minimize seal time and offer maximum reliability. Bipolar vessel sealing devices have gained importance in veterinary surgery. Both disposable and reusable vessel sealing devices are available.
"Global Vessel Sealing Devices Market Report By Energy (Bipolar, Ultrasonic, Hybrid, Others), By End-Users (Hospitals & Ambulatory Surgical Centers, Specialty Clinics, Ambulatory Surgical Centers), By Applications (General Surgery, Urological Surgery, Cardiovascular Surgery, Gynecology Surgery, Orthopedic Surgery, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2020-2027" report begins with the market introduction, market snapshot followed by in-depth regional revenue/volume for the next six years. The geo-economic factors and historic vessel sealing devices industry trends are analysed to foresee and predict the forecasts for next six years.
On the basis of energy the market is segmented into Bipolar, Ultrasonic, Hybrid, Others. By end-users the vessel sealing devices market is categorised as Hospitals & Ambulatory Surgical Centers, Specialty Clinics, Ambulatory Surgical Centers. By applications the vessel sealing devices market is categorised as General Surgery, Urological Surgery, Cardiovascular Surgery, Gynecology Surgery, Orthopedic Surgery, Others. The geographical segmentation of the report highlights the share of the revenue/volume spread globally as per region and country. The study in segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
The Report Segments Global Vessel Sealing Devices Market -
- Hospitals & Ambulatory Surgical Centers
- Specialty Clinics
- Ambulatory Surgical Centers
- General Surgery
- Urological Surgery
- Cardiovascular Surgery
- Gynecology Surgery
- Orthopedic Surgery
- North America
- The Asia Pacific
- Latin America
- The Middle East and Africa
Players Profiled In the Report:
Medtronic, Bovie Medical Corporation, B. Braun Melsungen AG, Boston Scientific Corporation, Ebre Elektromedizin GmbH, Symmetry Surgical, Inc., Olympus Corporation, Ethicon (a Johnson and Johnson Company), OmniGuide Holdings, Inc., CONMED, JustRight Surgical, LLC., KLS Martin.
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