Sarasota, FL -- (SBWIRE) -- 04/22/2019 -- Global Vessel Sealing Devices Market: Overview

Visual sealing devices help in laparoscopic procedures as well as in myriad kinds of surgeries taking place in hospitals and clinics.

Global Vessel Sealing Devices Market: Growth Factors

Continuous innovations leading to superior technological advancements, surge in the number of minimally invasive surgical procedures performed each year due to rise in availability of skilled personnel, and increase in government initiatives to increase access to elective surgery are the major factors anticipated to drive the global vessel sealing devices market growth over the forecast timeline. Additionally, rise in the demand for technologically advanced instruments that come directly in contact with the patient body and reduce the risk of infection will boost the market growth in the years to come.

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Rise in the number of hospitals & ambulatory surgical centers and specialty clinics will contribute notably towards the growth of global vessel sealing devices market in the years to come. With increase in the number of patients undergoing surgeries and treatments in outpatient settings such as ambulatory surgery centers, the vessel sealing devices market is likely to gain traction over the years to come.

Furthermore, the market is characterized by innovations by market players to offer products to reduce complications of vessel sealing, and rise in patient preference for outpatient settings due to reduced surgical procedural costs.

Global Vessel Sealing Devices Market: Segmentation

The global vessel sealing devices market can be classified into Product, Surgery, Application, Energy, and End user. Based on the product, the market is sectored into Generators, Instruments and Accessories. Based on the surgery, the vessel sealing devices market is segmented into Laparoscopic and Open Surgery. Application wise, the market is segmented into General Surgery, Urological Surgery, Cardiovascular Surgery, Gynecology Surgery, and Orthopedic Surgery. Based on the energy, the market is divided into Bipolar, Ultrasonic, and Hybrid. On the basis of End user, the market is classified into Hospitals, Ambulatory Surgical Centers, and Specialty Clinics.

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Global Vessel Sealing Devices Market: Regional Analysis

Based on region, the global vessel sealing devices market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is likely to dominate the global vessel sealing devices market in the years to come. High adoption of surgical devices with advanced energy in the U.S., increase in the number of approvals for new devices by the U.S. FDA, and rise in the percentage of minimally invasive surgical procedures performed in the U.S. and Canada are likely to contribute towards North America's huge market share.

Asia Pacific is anticipated to gain a substantial market share during the forecast period, owing to large patient pool, increase in per capita health care expenditure, and rise in investment by key players in the region. Europe, Latin America, and the Middle East and Africa are projected to contribute remarkably towards the vessel sealing devices market size in the years to come.

Global Vessel Sealing Devices Market: Competitive Players

Some of key players in vessel sealing devices market are Medtronic, B. Braun Melsungen AG, Ebre Elektromedizin GmbH, Boston Scientific Corporation, Olympus Corporation, Ethicon (a Johnson and Johnson Company), Symmetry Surgical, Inc., OmniGuide Holdings, Inc., CONMED, KLS Martin, and JustRight Surgical, LLC.

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Global Vessel Sealing Devices Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa