The vessel sealing devices market is projected to grow during the forecast period. Hemorrhage is one of the most frequent complications during the surgery vessel sealing devices are utilized to vaporize the tissues for the attainment of hemostasis by coagulation procedure. The growing technological advancement in medical devices leads to a growing number of minimally invasive surgical processes every year that generates the demand for vessel sealing devices. Therefore, technological advancement in the vessel sealing medical devices is a major contributor to the growth of the vessel sealing devices industry across the globe.
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The technological advancements in bipolar and ultrasonic energy devices such as vessel sealing devices are routinely utilized to seal and transect blood vessels in the number of surgical procedures such as colorectal, cardiothoracic, gynecologic cardio-thoracic, and urologic. Advanced technological tools that develop direct contact with the body of the patients and lead to the reduction of the threat related to infection fueling the demand for vessel sealing devices thereby driving the growth of the vessel sealing devices market across the globe.
The growing demand for technologically advanced vessel sealing devices is influencing the major market players of the vessel sealing devices market to launch novel energy devices and to perform strategic acquisitions as a key business strategy to remain competitive in the vessel sealing devices market. For instance, in December 2018, Intuitive Surgical Inc. had launched FDA approved intuitive surgical vessel sealer extend which is intended for grasping, and blunt dissection of tissue. In November 2018, Covidien had launched FDA approved BiZact Tonsillectomy Device which is an advanced bipolar tissue sealer to seal tissue and vessel in open surgical procedures. In May 2018, Omni Guide Holdings had introduced FM sealer laparoscopic shears which is a multi-functional vessel sealing instrument that makes use of ferromagnetic technology to seal and divide tissue by offering minimal destruction to the nearby healthy tissue.
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Current Market Trends Covered in the Market Report
• Strategic acquisition and new product launches are key growth strategies of major market players in the vessel sealing devices market.
• Complications related to the use of vessel sealing devices can restrain market growth to some extent.
• Growth in demand for laparoscopic surgeries to create demand for vessel sealing devices.
• Increasing investment in R&D of new technologies by the government and private sector.
Vessel Sealing Devices Market Segmentation
By Product
• Generators
• Instruments and Accessories
By Surgery
• Open Surgery
• Laparoscopic
By Application
• Urological Surgery
• Cardiovascular Surgery
• General Surgery
• Others (Orthopedic Surgery)
By Energy
• Ultrasonic
• Bipolar
• Hybrid
By End-Users
• Hospitals
• Ambulatory Surgical Centers Specialty Clinics
Vessel Sealing Devices Market – Segment by Region
North America
• United States
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle-East Africa
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