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Vessel Sealing Devices Market Share

Report ID: GMI5875
Published Date: Dec 2024
Report Format: PDF

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Vessel Sealing Devices Market Share

The market is competitive, with a mix of large multinationals like B. Braun, Johnson & Johnson, and Medtronic plc leading in innovation and extensive product portfolios. Regional companies and new entrants, particularly from Asia Pacific (APAC), are also making significant strides. The market is characterized by frequent technological advancements, such as the introduction of advanced energy technologies, integration with minimally invasive surgical platforms, and improved sealing efficiency, all of which drive ongoing product development. Strategic partnerships, mergers, and acquisitions are common as companies seek to expand market reach and enhance their technological capabilities.

Vessel Sealing Devices Market Companies

Prominent players operating in the vessel sealing devices industry include:

B. Braun
Bolder Surgical, LLC
BOWA Medical
CONMED Corporation
Erbe Elektromedizin GmbH
Intuitive Surgical
Johnson & Johnson
KLS Martin Group
Medtronic plc
Micromed
Olympus Corporation
OmniGuide Holdings, Inc.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The global vessel sealing devices industry was valued at USD 3 billion in 2024 and is projected to grow at a 6% CAGR from 2025 to 2034, driven by the increasing demand for minimally invasive surgeries and the rising prevalence of chronic diseases.

The instruments segment generated USD 1.5 billion in revenue in 2024, supported by their extensive use in general, laparoscopic, and robotic-assisted surgeries.

The North America vessel sealing devices market recorded USD 1.3 billion in revenue in 2024 and is expected to grow at a 5.4% CAGR from 2025 to 2034, driven by advanced healthcare facilities and a high prevalence of chronic diseases requiring surgical interventions.

Key players in the market include B. Braun, Bolder Surgical, LLC, BOWA Medical, CONMED Corporation, Erbe Elektromedizin GmbH, Intuitive Surgical, Johnson & Johnson, KLS Martin Group, and Medtronic plc.