Vessel Sealing Devices Market Set to Exhibit Momentous Revenue Share at US$ 5.1 Billion by 2026


The global vessel sealing devices market was valued at US$ 3.2 Bn in 2017 and is projected to reach US$ 5.1 Bn by 2026 at a CAGR of 5.2% from 2018 to 2026.


[UKPRwire, Wed Apr 10 2019] A new report titled “Vessel Sealing Devices Market Set to Exhibit Momentous Revenue Share at US$ 5.1 Billion by 2026” has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the Vessel Sealing Devices market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for Vessel Sealing Devices across the globe.

The global vessel sealing devices market was valued at US$ 3.2 Bn in 2017 and is projected to reach US$ 5.1 Bn by 2026 at a CAGR of 5.2% from 2018 to 2026. The market is characterized by innovations by market players to offer products to reduce complications of vessel sealing and rise in patient preference for outpatient settings due to reduced surgical procedural costs. The global vessel sealing devices market is witnessing increase in demand for technologically advanced instruments that come directly in contact with the patient body and reduce the risk of infection, which is a major factor for rise in adoption rate of single-use instruments. Constant innovations leading to superior technological advancements, surge in the number of minimally invasive surgical procedures performed each year due to rise in availability of skilled personnel, and increase in government initiatives to increase access to elective surgery are the major factors anticipated to drive the global vessel sealing devices market during the forecast period.

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This report comprises an elaborate executive summary, including a snapshot that provides information about various segments of the global vessel sealing devices market. The report also provides information and data analysis of the global market with respect to its segments based on product, surgery, application, energy, end-user, and region. A detailed qualitative analysis of drivers, restraints, and opportunities of the market has been provided in the overview section. Additionally, the section comprises a competitive matrix and company profiles along with business overview to project the competitive landscape of the market. It also provides market attractiveness analysis by region and market share analysis by key players, thereby presenting a thorough analysis of the overall competitive scenario prevailing in the global vessel sealing devices market. 

Based on product, the global vessel sealing devices market has been bifurcated into generators and instruments & accessories. In terms of surgery, the market has been classified into laparoscopic and open surgery. Based on application, the global vessel sealing devices market has been categorized into general surgery, urological surgery, cardiovascular surgery, gynecology surgery, orthopedic surgery, and others. In terms of energy, the market has been divided into bipolar, ultrasonic, hybrid, and others. Based on end-user, the global vessel sealing devices market has been classified into hospitals & ambulatory surgical centers, specialty clinics, and others. The global vessel sealing devices market has been analyzed based on increasing regulatory scrutiny, technology trends, expenditure on emerging technologies, and presence of key players in the region. Market size and forecast for each of these segments have been provided for the period of 2016 to 2026, along with their respective CAGRs for the forecast period from 2018 to 2026, considering 2017 as the base year.

In terms of region, the global vessel sealing devices market has been segmented into five major regions: North America (the U.S., Canada), Europe (the U.K., Germany, France, Italy, Spain, and Rest of Europe), Asia Pacific (China, India, Japan, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (GCC Countries, South Africa, and Rest of Middle East & Africa). Market size and forecast for each of these regions and their key countries have been provided for the period from 2016 to 2026, along with their respective CAGRs for the forecast period 2018–2026, considering 2017 as the base year.

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The report profiles major players operating in the global vessel sealing devices market in terms of attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major companies profiled in the report include Bovie Medical Corporation, Medtronic, B. Braun Melsungen AG, Ebre Elektromedizin GmbH, Boston Scientific Corporation, Olympus Corporation, Ethicon (a Johnson and Johnson Company), Symmetry Surgical, Inc., OmniGuide Holdings, Inc., CONMED, KLS Martin, and JustRight Surgical, LLC.

The global vessel dealing devices market has been segmented as follows:

Global Vessel Sealing Devices Market, by Product

Generators

Instruments & Accessories

Global Vessel Sealing Devices Market, by Surgery

Laparoscopic

Open Surgery

Global Vessel Sealing Devices Market, by Application

General Surgery

Urological Surgery

Cardiovascular Surgery

Gynecology Surgery

Orthopedic Surgery

Others

Global Vessel Sealing Devices Market, by End-user

Hospitals & Ambulatory Surgical Centers

Specialty Clinics

Ambulatory Surgical Centers

Global Vessel Sealing Devices Market, by Energy

Bipolar

Ultrasonic

Hybrid

Others

Global Vessel Sealing Devices Market, by Region

North America

U.S.

Canada

Europe

Germany

U.K.

France

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

Australia & New Zealand

India

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of Middle East & Africa

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