Safeguarding Surgery: Vessel

Sep 24, 2023

The Vessel-Sealing Devices Market share is estimated to reach US$ 1,645.90 million in 2023 and the market net worth is forecast to reach over US$ US$ 3,896.44 million by 2033. The global vessel-sealing devices market is expected to register a CAGR of 9%.

It has been found that vessel-sealing devices are more effective in several fields, such as laparoscopic surgery, neck surgery, and axillary dissection. This is expected to drive the vessel-sealing market, which is expected to dominate the healthcare market in the coming years.

With the advancement of surgical devices and increasing FDA approvals for vessel-sealing devices, the market for vessel-sealing devices is expected to grow during the forecast period.

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With fewer blood loss complications and less operating time, surgeons have improved safety and efficiency. Technological advancements in surgical devices and FDA guidelines regarding vessel-sealing devices are likely to drive the growth of the market.

Surgical procedures, product developments, and minimally invasive surgery are a few of the main drivers of this market.

Key Takeaways:

Competitive Landscape

Manufacturers of vessel-sealing devices implement a variety of strategies to meet the needs of domestic and international customers as part of their competitive strategy. To satisfy the needs of domestic and international customers, companies such as Medtronic PLC maintain a steady emphasis on research and development to minimize risk during operations. Furthermore, to gain an advantage over their competition, key players continue to develop products through acquisition, partnerships, and innovation.

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Key companies in the market include Medtronic PLC, B Braun Melsungen AG, and Erbe Medical India Pvt. Ltd, Olympus Corporation, Ethicon US LLC (Johnson & Johnson), Boston Scientific Corporation, BOWA-electronic GmbH & Co. KG, OmniGuide Holdings Inc., CONMED Corporation, Bolder Surgical Holdings Inc, and others.

Recent Developments

Market Segments Covered in Vessel-Sealing Devices Market Analysis

By Application

By End User

By Region

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