What is Vessel Sealing Devices Market?
Vessel Sealing devices are an electrosurgery technology for sealing blood vessels of up to 7mm in diameter. The technology has been used widely for a variety of laparoscopic and open surgical procedures. Continuous innovations leading to superior technological advancements, the surge in the number of minimally invasive surgical procedures performed each year, these factors are anticipated to drive the global vessel sealing devices market.
The market study is being classified by Type (Generators and Instruments & Accessories), by Application (General Surgery, Urological Surgery, Cardiovascular Surgery, Gynecology Surgery, Orthopedic Surgery and Others) and major geographies with country level break-up. According to AMA, the Global Vessel Sealing Devices market is expected to see growth rate of 5.3%
Braun Melsungen AG (Germany), Ebre Elektromedizin GmbH (United States), Boston Scientific Corporation (United States), Olympus Corporation (Japan), Ethicon (a Johnson and Johnson Company) (United States), Symmetry Surgical, Inc (United States) and OmniGuide Holdings, Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Just Right Surgical, LLC (United States), CONMED (United States) and KLS Martin (United States).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Vessel Sealing Devices market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Vessel Sealing Devices market by Type, Application and Region.
On the basis of geography, the market of Vessel Sealing Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The Upsurge in the Minimally Invasive Procedures
- Increasing Demand for Technologically Advanced Medical Instruments
- High Adoption rate of Single Use Instruments
- The Rise in Availability of Skilled Professionals
Market Trend
- Growing Government Initiatives to Increase Access to Elective Surgeries
- Increase in the Number of Patients Undergoing Surgeries and Treatments In Outpatient Settings
Restraints
- Stringent Government Regulations for Devices Approvals and Product Recalls
Opportunities
- Increasing Number of Hospitals and Ambulatory Surgical Centers
- Rise in the number of approvals for new devices by the FDA
Challenges
- Complications Related to Vessel Sealing Devices Faced by the Surgeons
Market Leaders and some development strategies
In March 2019, Domain Surgical announced the launch of FMsealer which is the latest addition to its FMX Ferromagnetic Surgical System and is designed to provide fast and reliable vessel sealing in a variety of laparoscopic procedures, while maintaining a commitment to patient safety.
In 2014, Covidien Receives Food and Drug Administration Clearance for LigaSure. Designed to improve efficiency during laparoscopic and open surgery, the LigaSure Maryland jaw device combines LigaSure’s energy-based vessel sealing technology with the functionality of three common surgical tools.
Key Target Audience
Vessel Sealing Devices Manufacturers, Health care Industries, Potential Investors, Government and Regulatory Bodies, Downstream Vendors, Traders/Distributors and Suppliers and Medical Practitioners
Customization in the Report Available:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase