North America Vessel Sealing Devices Market Size, Share & Industry Trends Analysis Report By Application (Laparoscopic Surgery and General Surgery), By End Use, By Product (Instruments, Generators and Accessories), By Country and Growth Forecast, 2022 - 2028
The North America Vessel Sealing Devices Market would witness market growth of 8.6% CAGR during the forecast period (2022-2028).
Modern VSDs have been greatly enhanced by ongoing research and technological breakthroughs. In order to transmit energy with greater consistency and to improve seal quality, new design advancements have been made.
To boost sealing speed and certainty, the energy generator can be improved to increase sealing power while causing the least amount of harm to surrounding tissues. The present version's tip is shorter and thinner than the previous one, and it has scissors built into it so that the vessels can be cut as soon as they are sealed. In spite of the fact that clamp crushing is technically conceivable using the tip of a vessel-sealing device, Pean forceps, in our opinion, provide a better feel and vessel exposure.
In the United States, there were 54.1 million people 65 and over as of 2019. More than one in seven Americans made up 16% of the population, represented. Since 2009, there have been 14.4 million more elderly Americans than there were in 2009 (a 36 percent rise), vs a 3% increase in the population under 65. Based on the Census, approximately one in four Americans will be 65 or older by 2060, tripling the number of those who are 85 or older, and a half million more will be centenarians.
The US market dominated the North America Vessel Sealing Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $791.1 Million by 2028. The Canada market is poised to grow at a CAGR of 10.6% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 10.4% during (2022 - 2028).
Based on Application, the market is segmented into Laparoscopic Surgery and General Surgery. Based on End Use, the market is segmented into Hospitals & Specialty Clinics and Ambulatory Surgical Centers. Based on Product, the market is segmented into Instruments, Generators and Accessories. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Olympus Corporation, B. Braun Melsungen AG, Johnson & Johnson, Intuitive Surgical, Inc., Hologic, Inc. (Bolder Surgical), Erbe Elektromedizin GmbH, BOWA-electronic GmbH & Co. KG, OmniGuide, Inc., and KLS Martin Group.
Scope of the Study
Market Segments covered in the Report:
By Application
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