Asia Pacific 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
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Market Report Description
The Asia Pacific Vessel Sealing Devices Market would witness market growth of 10.9% CAGR during the forecast period (2022-2028).
In comparison to monopolar or bipolar electrothermal devices, vessel-sealing devices may be regarded as safe, and their use may result in lower expenses due to less blood loss and short treatment times for some abdominal surgical procedures. To draw definitive results, more thorough RCTs that evaluate (cost) efficacy are needed.
A significant amount of work has gone into developing revolutionary vessel-sealing devices (VSD) over the past ten years, using more advanced equipment with extremely sensitive electric generators which use active feedback to maximize power output. As a result, it is possible to measure impedance continuously while applying a constant electric current. Companies now assert that because these contemporary vessel-sealing mechanisms have a less lateral temperature spread, using them is safer.
One of the world's fastest-growing aging populations is in China. Due to an increase in life expectancy and falling birth rates, 28% of China's population is expected to be over 60 by 2040. For public health and socioeconomic development, this profound demographic shift creates a number of new challenges and opportunities. Of particular importance is the creation of an integrated system that meets the social and health needs of older people while ensuring that everyone has access to healthcare, regardless of location.
The China market dominated the Asia Pacific Vessel Sealing Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $216.8 Million by 2028. The Japan market is estimated to grow a CAGR of 10.1% during (2022 - 2028). Additionally, The India market would experience a CAGR of 12% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Scope of the Study
Market Segments Covered in the Report:
- Laparoscopic Surgery
- General Surgery
By End Use
- Hospitals & Specialty Clinics
- Ambulatory Surgical Centers
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- 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.
- KLS Martin Group
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