Sweden Vessel Sealing Devices Market Size & Outlook
Sweden vessel sealing devices market, 2018-2030 (US$M)
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Sweden vessel sealing devices market highlights
- The Sweden vessel sealing devices market generated a revenue of USD 30.7 million in 2023 and is expected to reach USD 54.0 million by 2030.
- The Sweden market is expected to grow at a CAGR of 8.4% 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 30.7 million |
| Market revenue in 2030 | USD 54.0 million |
| Growth rate | 8.4% (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, Sweden accounted for 1.9% 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 Europe, Germany vessel sealing devices market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 83.5 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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Sweden 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 63.52% in 2023. Horizon Databook has segmented the Sweden vessel sealing devices market based on general surgery, laparoscopic surgery covering the revenue growth of each sub-segment from 2018 to 2030.
The medical devices manufacturing industry in Sweden is comparatively small and employs roughly 18,000 people. Domestic companies include small- to mid-sized manufacturers; however, several multinational medical devices companies have established subsidiaries in Sweden.
In addition, there is constant demand for diabetes products, user-friendly home care, orthopedic & implantable devices, minimally/noninvasive equipment, vessel sealing devices, and e-health products. This high demand will lead to strong market growth in Sweden.
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Target buyers of Sweden 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 Sweden vessel sealing devices market , including forecasts for subscribers. This country databook contains high-level insights into Sweden vessel sealing devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden vessel sealing devices market size, by application, 2018-2030 (US$M)
Sweden Vessel Sealing Devices Market Outlook Share, 2023 & 2030 (US$M)
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