Global Vessel Sealing Devices Market Size & Outlook
Global vessel sealing devices market, 2018-2030 (US$M)
Related Markets
Global vessel sealing devices market highlights
- The global vessel sealing devices market generated a revenue of USD 1,619.0 million in 2023 and is expected to reach USD 2,967.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9% by 2030.
- In terms of segment, laparoscopic surgery accounted for a revenue of USD 1,022.3 million in 2023.
- Laparoscopic Surgery is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Denmark is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,619.0 million |
| Market revenue in 2030 | USD 2,967.0 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | Laparoscopic surgery |
| Fastest growing segment | Laparoscopic Surgery |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | General Surgery, Laparoscopic Surgery |
Other key industry trends
- In terms of revenue, the North America accounted for 51.0% of the global vessel sealing devices market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Denmark is the fastest growing regional market and is projected to reach USD 41.2 million by 2030.
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Vessel Sealing Devices Market Scope
Vessel Sealing Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global vessel sealing devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vessel sealing devices market will help companies and investors design strategic landscapes.
Laparoscopic surgery was the largest segment with a revenue share of 63.14% in 2023. Horizon Databook has segmented the Global vessel sealing devices market based on general surgery, laparoscopic surgery covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Vessel Sealing Devices Application Outlook (Revenue, USD Million, 2018-2030)
- General Surgery
- Laparoscopic Surgery
- Global Vessel Sealing Devices Product Outlook (Revenue, USD Million, 2018-2030)
- Generators
- Instruments
- Accessories
- Global Vessel Sealing Devices End User Outlook (Revenue, USD Million, 2018-2030)
- Hospitals & Specialty Clinics
- Ambulatory Surgical Centers
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Target buyers of Global vessel sealing devices market databook
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Our clientele includes a mix of vessel sealing devices market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global vessel sealing devices market , including forecasts for subscribers. This global databook contains high-level insights into Global vessel sealing devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global vessel sealing devices market size, by regions, 2018-2030 (US$M)
Top 10 countries: Vessel sealing devices market size, 2023 (US$M)
Global vessel sealing devices market share, by application, 2023 & 2030 (%, US$M)
Vessel sealing devices market: Opportunity assessment by country
Global vessel sealing devices market, by region, 2023 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 705.0 | 740.8 | 692.2 | 731.4 | 775.4 | 825.5 | 882.6 | 947.6 | 1,021.6 | 1,106.0 | 1,202.4 | 1,312.4 | 1,438.5 | 8.3% |
| Europe | 385.7 | 408.2 | 384.1 | 408.9 | 436.7 | 468.4 | 504.5 | 545.8 | 592.9 | 646.7 | 708.5 | 779.3 | 860.8 | 9.1% |
| Asia Pacific | 166.8 | 180.6 | 173.8 | 189.1 | 206.3 | 225.9 | 248.3 | 274.1 | 303.6 | 337.6 | 376.8 | 422.2 | 474.9 | 11.2% |
| Latin America | 49.4 | 53.0 | 50.6 | 54.5 | 59.0 | 64.0 | 69.9 | 76.5 | 84.1 | 92.8 | 102.9 | 114.5 | 127.9 | 10.4% |
| MEA | 28.8 | 30.5 | 28.7 | 30.6 | 32.7 | 35.1 | 37.8 | 41.0 | 44.5 | 48.6 | 53.3 | 58.7 | 64.8 | 9.2% |
| Overall | 1,335.7 | 1,413.1 | 1,329.4 | 1,414.5 | 1,510.0 | 1,619.0 | 1,743.2 | 1,884.9 | 2,046.7 | 2,231.8 | 2,443.8 | 2,687.1 | 2,967.0 | 9.0% |
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