Brazil Vessel Sealing Devices Market Size & Outlook
Brazil vessel sealing devices market, 2018-2030 (US$M)
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Brazil vessel sealing devices market highlights
- The Brazil vessel sealing devices market generated a revenue of USD 21.8 million in 2023 and is expected to reach USD 41.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
- In terms of segment, laparoscopic surgery was the largest revenue generating application in 2023.
- Laparoscopic Surgery is the most lucrative application segment registering the fastest growth during the forecast period.
Vessel sealing devices market data book summary
| Market revenue in 2023 | USD 21.8 million |
| Market revenue in 2030 | USD 41.7 million |
| Growth rate | 9.7% (CAGR from 2023 to 2030) |
| Largest segment | Laparoscopic surgery |
| Fastest growing segment | Laparoscopic Surgery |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | General Surgery, Laparoscopic Surgery |
| Key market players worldwide | Medtronic PLC, Olympus Corp, B. Braun, Johnson & Johnson, OmniAb Inc, Intuitive Surgical Inc, Hologic Inc, Erbe Elektromedizin, Bowa Medical, Bolder Surgical, KLS Martin Group |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.3% of the global vessel sealing devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil vessel sealing devices market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 33.3 million by 2030.
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Vessel Sealing Devices Market Scope
Vessel Sealing Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 63.3% in 2023. Horizon Databook has segmented the Brazil vessel sealing devices market based on general surgery, laparoscopic surgery covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for advanced aesthetic devices and home healthcare products in Brazil is high. People in Brazil consider the use of devices manufactured in the U.S., Europe, and Canada, however, they prefer domestic products made in Brazil generally due to cost.
The manufacturing cost in Brazil is much lower than that in developed countries, which is attracting a large number of market players for investment in the country.
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Target buyers of Brazil 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil vessel sealing devices market , including forecasts for subscribers. This country databook contains high-level insights into Brazil vessel sealing devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil vessel sealing devices market size, by application, 2018-2030 (US$M)
Brazil Vessel Sealing Devices Market Outlook Share, 2023 & 2030 (US$M)
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