Global Vessel Sealing Devices Market by Surgeries (Laparoscopic, Open Surgery, and Others), Products (Generators, Instruments, and Accessories), Applications (General Surgery, Urological Surgery, Cardiovascular Surgery, Gynaecology Surgery, Orthopaedic Surgery, and Others), Energy (Bipolar, Ultrasonic, Hybrid, and Others), End-users (Hospitals & Ambulatory Surgical Centres, Speciality Clinics, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028
The global vessel sealing devices market size was valued at USD 3,756.68 million in 2020 and is expected to reach USD 5,789.65 million by 2028, growing at a CAGR of 5.44% between 2021 and 2028. The market growth is due to increasing number of patients suffering from several illness due to poor dietary choices, a larger desire for easy-to-eat snacking alternatives, a lack of exercise, a stressful lifestyle, and rising number of elderly population across the globe. The vessel sealing device is used to cut, coagulate, separate, and seal blood vessels in a minimally invasive surgical technique. Different types of energy are routinely employed to seal containers, which include bipolar, ultrasonic, and hybrid. When selecting the right vessel sealing devices, several variables such as dependability and efficiency are taken into account. These devices are effective in sealing vessels with a diameter of up to 7 mm. These devices have a number of advantages including safety to use, high level of efficiency, and less time to close blood arteries. Unlike traditional procedures, the vessel sealing devices do not need to use additional equipment such as sutures, bipolar graspers, and clips in order to achieve effective haemostasis and vascular sealing. This proves to be a key factor pushing the demand for the use of non-invasive surgery.
Market Trends, Drivers, Restraints, and Opportunities:
- Rising number of invasive surgical procedures and technical advancements in medical equipment are significant drivers of the market.
- Growing need for dependable and efficient sealing technologies during surgical operations to reduce blood loss, infection rates, and operating time present a major factor driving the market growth.
- High cost of the equipment installation is a major restraining factor. This can act as a hindrance to the market growth.
- Increasing healthcare spending among a large number of the global population and increasing demand for advanced surgical tools for several treatment are major factors boosting the market.
- Favorable government initiatives and efforts for the development of advanced technology for sealing devices are projected to offer several growth opportunities of the market in the coming years.
Scope of the report:
The report on the global vessel sealing device market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
| Attributes | Details |
| Report Title | Vessel Sealing Devices Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
| Base Year | 2020 |
| Historic Data | 2018–2019 |
| Forecast Period | 2021–2028 |
| Segmentation | Surgeries (Laparoscopic, Open Surgery, and Others), Products (Generators, Instruments, and Accessories), Applications (General Surgery, Urological Surgery, Cardiovascular Surgery, Gynaecology Surgery, Orthopaedic Surgery, and Others), Energy (Bipolar, Ultrasonic, Hybrid, and Others), End-users (Hospitals & Ambulatory Surgical Centres, Speciality Clinics, and Others) |
| Regional Scope | Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
| Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
| Key Players Covered in the Report | Johnson & Johnson, BOWA-electronic GmbH & Co. KG, Boston Scientific Corporation, Medtronic plc., B. Braun Melsungen, Olympus Corporation, KLS Martin, EbreElektromedizin GmbH, OmniGuide, Bolder Surgical LLC, , Erbe Medical India Pvt. Ltd., and others |
Global Vessel Sealing device Market Insights
Laparoscopic surgery segment held substantial market share in 2020
On the basis of surgeries, the global vessel sealing devices market is segmented into general surgery, laparoscopic surgery, and others. The laparoscopic surgery category held a large market share in 2020 and is expected to register a high CAGR during the forecast period owing to the growing usage of minimally invasive techniques in surgery. Laparoscopic surgery has the benefit of reducing the danger of heat injury, eliminating smoke, and ensuring haemostasis, making it a better alternative to general surgery.
Instruments segment to grow during the forecast period
Based on products, the market is segregated into instruments, generators, and accessories. The instruments segment is expected to grow during the forecast period as they are used to improve efficiency in the medical procedure. A range of instruments are widely used for various surgical procedures such as cutting, coagulation, and dissection. Several types of energy vessel sealing instruments are used for different purposes and offer several advantages during surgery. The availability of a variety of equipment such as sealers, dividers, tissue fusion instruments, extract dissectors, and tonsillectomy devices, makes it even more appealing for use in a variety of surgical operations.
Bipolar segment to account for large market share
On the basis of energy, the global vessel sealing devices market is fragmented into bipolar, ultrasonic, and hybrid. The bipolar segment is anticipated to account for large market share in the coming years due to its extensive application across several laparoscopic and open surgical measures. The bipolar technology normally consumes less electricity and requires less energy for performing a surgical task. It is often utilized for processes where tissues may be easily grabbed on the side of electrodes because to its insufficient capacity to cut and clot big bleeding regions. This helps to prevent damage to adjacent tissues while also giving you more control over the targeted region. However, the ultrasonic segment is projected to exhibit a robust growth rate in the coming years as the energy devices allow utilization of mechanical energy to split tissue and seal vessels instead of transmitting electricity to the patient.
Hospital & ambulatory surgical centers segment to register significant growth
On the basis of End-users, the market is segmented into hospitals & ambulatory surgical centers, specialty clinics, and others. Hospitals & ambulatory surgical centers segment is expected to register significant growth during the projected period owing to the large number of surgical procedures and operations performed in hospitals and specialized surgical centers. By minimizing operating time and blood loss, this artery sealing method aids surgeons in improving security and efficacy.
North America to dominate the global market
In terms of regions, the global vessel sealing devices market is categorized as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to dominate the market in the coming years due to series of mergers and acquisitions conducted by key market players. The rising incidence of chronic medical problems especially in the United States is a key driver supporting market development.
Segments
Segments Covered in the Report
By Surgeries
- Laparoscopic
- Open Surgery
- Others
- Generators
- Instruments
- Accessories
- General Surgery
- Urological Surgery
- Cardiovascular Surgery
- Gynaecology Surgery
- Orthopaedic Surgery
- Others
- Bipolar
- Ultrasonic
- Hybrid
- Others
- Hospitals & Ambulatory Surgical Centres
- Speciality Clinics
- Others
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East & Africa
- Johnson & Johnson
- BOWA-electronic GmbH & Co. KG
- Boston Scientific Corporation
- Medtronic plc.
- B. Braun Melsungen
- Olympus Corporation
- KLS Martin
- EbreElektromedizin GmbH
- OmniGuide
- Bolder Surgical LLC
- Erbe Medical India Pvt. Ltd.
- Others
Competitive Landscape
Some of the major players competing in the global vessel sealing devices market are Johnson & Johnson, BOWA-electronic GmbH & Co. KG, Boston Scientific Corporation, Medtronic plc., B. Braun Melsungen, Olympus Corporation, KLS Martin, EbreElektromedizin GmbH, OmniGuide, Bolder Surgical LLC, , Erbe Medical India Pvt. Ltd., and others. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vessel Sealing Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vessel Sealing Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vessel Sealing Devices Market - Supply Chain
4.5. Global Vessel Sealing Devices Market Forecast
4.5.1. Vessel Sealing Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vessel Sealing Devices Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Vessel Sealing Devices Market Absolute $ Opportunity
5. Global Vessel Sealing Devices Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Vessel Sealing Devices Market Size and Volume Forecast by Applications
5.3.1. General Surgery
5.3.2. Urological Surgery
5.3.3. Cardiovascular Surgery
5.3.4. Gynaecology Surgery
5.3.5. Orthopaedic Surgery
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Vessel Sealing Devices Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Vessel Sealing Devices Market Size and Volume Forecast by End Users
6.3.1. Hospitals & Ambulatory Surgical Centres
6.3.2. Speciality Clinics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Vessel Sealing Devices Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Vessel Sealing Devices Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Vessel Sealing Devices Demand Share Forecast, 2019-2026
8. North America Vessel Sealing Devices Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Vessel Sealing Devices Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Vessel Sealing Devices Market Size and Volume Forecast by Applications
8.4.1. General Surgery
8.4.2. Urological Surgery
8.4.3. Cardiovascular Surgery
8.4.4. Gynaecology Surgery
8.4.5. Orthopaedic Surgery
8.4.6. Others
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. North America Vessel Sealing Devices Market Size and Volume Forecast by End Users
8.7.1. Hospitals & Ambulatory Surgical Centres
8.7.2. Speciality Clinics
8.7.3. Others
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Vessel Sealing Devices Demand Share Forecast, 2019-2026
9. Latin America Vessel Sealing Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Vessel Sealing Devices Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Vessel Sealing Devices Market Size and Volume Forecast by Applications
9.4.1. General Surgery
9.4.2. Urological Surgery
9.4.3. Cardiovascular Surgery
9.4.4. Gynaecology Surgery
9.4.5. Orthopaedic Surgery
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Latin America Vessel Sealing Devices Market Size and Volume Forecast by End Users
9.7.1. Hospitals & Ambulatory Surgical Centres
9.7.2. Speciality Clinics
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Vessel Sealing Devices Demand Share Forecast, 2019-2026
10. Europe Vessel Sealing Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Vessel Sealing Devices Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Vessel Sealing Devices Market Size and Volume Forecast by Applications
10.4.1. General Surgery
10.4.2. Urological Surgery
10.4.3. Cardiovascular Surgery
10.4.4. Gynaecology Surgery
10.4.5. Orthopaedic Surgery
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Europe Vessel Sealing Devices Market Size and Volume Forecast by End Users
10.7.1. Hospitals & Ambulatory Surgical Centres
10.7.2. Speciality Clinics
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Vessel Sealing Devices Demand Share Forecast, 2019-2026
11. Asia Pacific Vessel Sealing Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Vessel Sealing Devices Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Vessel Sealing Devices Market Size and Volume Forecast by Applications
11.4.1. General Surgery
11.4.2. Urological Surgery
11.4.3. Cardiovascular Surgery
11.4.4. Gynaecology Surgery
11.4.5. Orthopaedic Surgery
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Asia Pacific Vessel Sealing Devices Market Size and Volume Forecast by End Users
11.7.1. Hospitals & Ambulatory Surgical Centres
11.7.2. Speciality Clinics
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Vessel Sealing Devices Demand Share Forecast, 2019-2026
12. Middle East & Africa Vessel Sealing Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Vessel Sealing Devices Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Vessel Sealing Devices Market Size and Volume Forecast by Applications
12.4.1. General Surgery
12.4.2. Urological Surgery
12.4.3. Cardiovascular Surgery
12.4.4. Gynaecology Surgery
12.4.5. Orthopaedic Surgery
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Applications
12.6. Y-o-Y Growth Projections by Applications
12.7. Middle East & Africa Vessel Sealing Devices Market Size and Volume Forecast by End Users
12.7.1. Hospitals & Ambulatory Surgical Centres
12.7.2. Speciality Clinics
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Vessel Sealing Devices Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Vessel Sealing Devices Market: Market Share Analysis
13.2. Vessel Sealing Devices Distributors and Customers
13.3. Vessel Sealing Devices Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Johnson & Johnson
13.4.2. BOWA-electronic GmbH & Co. KG
13.4.3. Boston Scientific Corporation
13.4.4. Medtronic plc.
13.4.5. B. Braun Melsungen
13.4.6. Olympus Corporation
13.4.7. KLS Martin
Segments Covered in the Report
By Surgeries
- Laparoscopic
- Open Surgery
- Others
- Generators
- Instruments
- Accessories
- General Surgery
- Urological Surgery
- Cardiovascular Surgery
- Gynaecology Surgery
- Orthopaedic Surgery
- Others
- Bipolar
- Ultrasonic
- Hybrid
- Others
- Hospitals & Ambulatory Surgical Centres
- Speciality Clinics
- Others
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East & Africa
- Johnson & Johnson
- BOWA-electronic GmbH & Co. KG
- Boston Scientific Corporation
- Medtronic plc.
- B. Braun Melsungen
- Olympus Corporation
- KLS Martin
- EbreElektromedizin GmbH
- OmniGuide
- Bolder Surgical LLC
- Erbe Medical India Pvt. Ltd.
- Others
Some of the major players competing in the global vessel sealing devices market are Johnson & Johnson, BOWA-electronic GmbH & Co. KG, Boston Scientific Corporation, Medtronic plc., B. Braun Melsungen, Olympus Corporation, KLS Martin, EbreElektromedizin GmbH, OmniGuide, Bolder Surgical LLC, , Erbe Medical India Pvt. Ltd., and others. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
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