Home > Healthcare > Medical Devices > Surgical Devices > Vessel Sealing Devices Market

Vessel Sealing Devices Market Trends

Report ID: GMI5875
Published Date: May 2023
Report Format: PDF

Download Free Sample

Vessel Sealing Devices Market Trends

The increasing demand for minimally invasive procedures has augmented the market progress. There has been a significant increase in the number of minimally invasive procedures performed across various surgical specialties, including general surgery, gynaecology, urology, and others. For instance, according to the World Health Organization data, in 2022, around 354 million people were estimated to be suffering from chronic hepatitis and is expected to increase in the near future.

Vessel sealing devices are essential tools in these procedures, as they enable precise sealing and division of blood vessels and tissues. The ability to enhance procedural efficiency, improve surgical outcomes, and promote patient safety is driving the adoption of vessel sealing devices in a varied minimally invasive procedure. Therefore, the aforementioned factors are expected to fuel the market expansion.

Authors: Mariam Faizullabhoy , Subodh Kharad

Frequently Asked Questions (FAQ) :

Vessel sealing devices industry share was USD 3 billion in 2023 and will reach over USD 5.3 billion by 2032 due to the increasing demand for minimally invasive surgeries amongst the ageing population.

Instrument product segment is estimated to witness 7.3% CAGR from 2023-2032 owing to the rising number of elective surgical procedures

Laparoscopic surgery applications reached USD 1.6 billion in 2022 due to the high burden of chronic ailments and the growing demand for minimally invasive procedures worldwide

U.S. vessel sealing devices industry size is expected to reach USD 1.9 billion by 2032 driven by the presence of key market players in the region