Thailand Vessel Sealing Devices Market Size & Outlook

The vessel sealing devices market in Thailand is expected to reach a projected revenue of US$ 34.2 million by 2030. A compound annual growth rate of 9.9% is expected of Thailand vessel sealing devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$17.7
Forecast, 2030 (US$M)
$34.2
CAGR, 2024 - 2030
9.9%
Report Coverage
Thailand

Thailand vessel sealing devices market, 2018-2030 (US$M)

Thailand

Thailand vessel sealing devices market highlights

  • The Thailand vessel sealing devices market generated a revenue of USD 17.7 million in 2023 and is expected to reach USD 34.2 million by 2030.
  • The Thailand market is expected to grow at a CAGR of 9.9% 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 2023USD 17.7 million
Market revenue in 2030USD 34.2 million
Growth rate9.9% (CAGR from 2023 to 2030)
Largest segmentLaparoscopic surgery
Fastest growing segmentLaparoscopic Surgery
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGeneral Surgery, Laparoscopic Surgery
Key market players worldwideMedtronic 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, Thailand accounted for 1.1% 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 Asia Pacific, Japan vessel sealing devices market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 108.8 million by 2030.

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Vessel Sealing Devices Market Scope

Vessel sealing devices market segmentation & scope
General Surgery
Laparoscopic Surgery
Generators
Instruments
Accessories
Hospitals & Specialty Clinics
Ambulatory Surgical Centers

Vessel Sealing Devices Market Companies

Name Profile # Employees HQ Website

Thailand 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 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.

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Target buyers of Thailand vessel sealing devices market databook

  • Our clientele includes a mix of vessel sealing devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 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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Thailand vessel sealing devices market size, by application, 2018-2030 (US$M)

Thailand Vessel Sealing Devices Market Outlook Share, 2023 & 2030 (US$M)

Thailand vessel sealing devices market size, by application, 2018-2030 (US$M)

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