Market revenue in 2023 | USD 17.7 million |
Market revenue in 2030 | USD 34.2 million |
Growth rate | 9.9% (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 |
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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 64.41% in 2023. Horizon Databook has segmented the Thailand vessel sealing devices market based on general surgery, laparoscopic surgery covering the revenue growth of each sub-segment from 2018 to 2030.
The domestic consumption of medical devices is on the higher side in Thailand. This is due to the growth of medical services. Medical devices, for example, are increasingly being designed and produced in Thailand, particularly single-use devices. Other advanced devices, such as ophthalmic and optical devices, are imported.
Furthermore, Thailand has an abundant supply of raw materials used in the production of medical devices, predominantly single items such as rubber & plastic. Moreover, some institutions and regulations, including the R&D process and intellectual protection, ensure that the manufacturer’s products can be commercialized.
Horizon Databook provides a detailed overview of country-level data and insights on the Thailand vessel sealing devices market , including forecasts for subscribers. This country databook contains high-level insights into Thailand vessel sealing devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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