Vessel Sealing Devices Market (Surgery: Laparoscopic and Open Surgery; Product: Generators, Instruments, and Accessories; Application: General Surgery, Urological Surgery, Cardiovascular Surgery, Gynecology Surgery, Orthopedic Surgery, and Others; Energy: Bipolar, Ultrasonic, Hybrid, and Others; and End User: Hospitals & Ambulatory Surgical Centers, Speciality Clinics, and Others)- Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2021-2027

The global Vessel Sealing Devices market gathered revenue around USD 4.2 Billion in 2020 and market is set to grow USD 6.39 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 5.0% during the prediction period 2021 to 2027.

Vessel Sealing Devices Market Size 2020 to 2027

Vessel sealing devices are used to seal the vessel wall by denaturing the collagen and elastin in the wall and completely occluding the blood vessel. Most common energy-based devices such as bipolar, ultrasonic, and hybrid are used in surgeries. Major factors expected to drive the global vessel sealing devices market during the forecast period include an increase in the global geriatric population, rise in the prevalence of accidental surgeries, and advancements in vessel sealing devices with minimal invasive surgeries.

North America held a major share of the global vessel sealing devices market in 2020, due to the presence of a large number of key players, rise in adoption of robotic-assisted vessel sealing devices, and increase in research funding for vessel sealing devices in the U.S.

The last section of the report comprises quantitative and qualitative analysis on market share/position of key players operating in the global vessel sealing devices market. It analyzes the key competitive strategies adopted by the major industry players, thereby presenting a thorough understanding of the competitive scenario in the global vessel sealing devices market.

This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Vessel Sealing Devices market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Vessel Sealing Devices market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.

COVID-19 Impact Assessment on Market Landscape

The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.

Vessel Sealing Devices market report empower readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.

Vessel Sealing Devices Market: Regional Outlook

In terms of region, the global vessel sealing devices market has been segmented into North America (U.S. and Canada), Europe (U.K., Germany, Spain, Italy, France, and Rest of Europe), Asia Pacific (China, India, Japan, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (GCC Countries, South Africa, and Rest of Middle East & Africa). Each region considered in the market has been divided into countries/sub-regions.

The vessel sealing devices market report provides value and forecast for each region and country/sub-region from 2017 to 2027. The compound annual growth rates (CAGRs) for each of these regions and countries have also been provided for the forecast period from 2021 to 2027. The vessel sealing devices market study also covers the competitive scenario in these regions.

Report Highlights Details
Market Size US$ 6.39 Billion by 2027
Growth Rate CAGR of 5.0% From 2021 to 2027
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2027
Segments Covered Surgery,Product,Application,Energy,End User
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Companies Mentioned Medtronic, Olympus Corporation, OmniGuide Holdings, Inc., Bolder Surgical, LLC, B. Braun Melsungen AG, Medical Devices Business Services, Inc., KLS Martin Group, Erbe Elektromedizin GmbH, Boston Scientific Corporation, BOWA-electronic GmbH & Co. KG, CONMED Corporation, Symmetry Surgical, XCELLANCE Medical Technologies, and LAMIDEY NOURY.FR. 

Competitive Rivalry

Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Some of the prominent players in the Vessel Sealing Devices Market include:  Medtronic, Olympus Corporation, OmniGuide Holdings, Inc., Bolder Surgical, LLC, B. Braun Melsungen AG, Medical Devices Business Services, Inc., KLS Martin Group, Erbe Elektromedizin GmbH, Boston Scientific Corporation, BOWA-electronic GmbH & Co. KG, CONMED Corporation, Symmetry Surgical, XCELLANCE Medical Technologies, and LAMIDEY NOURY.FR. 

Unravelling the Critical Segments

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:

Vessel Sealing Devices Market: Segmentation

  • Vessel Sealing Devices Market, by Surgery
    • Laparoscopic
    • Open Surgery
  • Vessel Sealing Devices Market, by Product
    • Generators
    • Instruments
    • Accessories
  • Vessel Sealing Devices Market, by Application
    • General Surgery
    • Urological Surgery
    • Cardiovascular Surgery
    • Gynecology Surgery
    • Orthopedic Surgery
    • Others
  • Vessel Sealing Devices Market, by Energy
    • Bipolar
    • Ultrasonic
    • Hybrid
    • Others
  • Vessel Sealing Devices Market, by End User
    • Hospitals & Ambulatory Surgical Centers
    • Speciality Clinics
    • Others

By Geography

North America

  • U.S.
  • Canada


  • Germany
  • France
  • United Kingdom
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Rest of Latin America

Middle East & Africa (MEA)

  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa

Highlights of the Report:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

Research Methodology

In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Vessel Sealing Devices market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.

Secondary resources referred to by analysts during the production of the Vessel Sealing Devices market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.

Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Vessel Sealing Devices markets more accurate and reliable.

Secondary Research

It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire based research etc.
  • In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Industry participants involved in this research study include:

  • CEOs, VPs, market intelligence managers
  • Procuring and national sales managers technical personnel, distributors and resellers
  • Research analysts and key opinion leaders from various domains

Key Points Covered in Vessel Sealing Devices market Study:

  • Growth of Vessel Sealing Devices in 2021
  • Market Estimates and Forecasts (2017-2027)
  •  Brand Share and Market Share Analysis
  •  Key Drivers and Restraints Shaping Market Growth
  •  Segment-wise, Country-wise, and Region-wise Analysis
  •  Competition Mapping and Benchmarking
  •   Recommendation on Key Winning Strategies
  •   COVID-19 Impact on Demand for Vessel Sealing Devices and How to Navigate
  •   Key Product Innovations and Regulatory Climate
  •   Vessel Sealing Devices Consumption Analysis
  • Vessel Sealing Devices Production Analysis
  •  Vessel Sealing Devices and Management