Europe 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 Europe Vessel Sealing Devices Market would witness market growth of 9.0% CAGR during the forecast period (2022-2028).
Modern bipolar vessel sealing devices are frequently utilized in both human and veterinary medicine to shorten operations and minimize blood loss during them. The majority of devices are made for single usage, making their application expensive. Smaller individuals can have their primary pulmonary vessels sealed without the need for suture ligation, staples, or clips, owing to devices like the Ligasure.
Additionally, it shuts off lung tissue, stopping bleeding as well as air leaks. The primary pulmonary arteries and bronchi can be divided, and the fissure can be closed in larger patients by using an articulating stapler. These technological advancements have allowed the surgeon to completely perform an endoscopic lobectomy.
Germany is by far the strongest European market for medical technology, ranking third in the world. Opportunities for US businesses to work in Germany are provided by the German government's funding effort for health informatics and the activities of the German states on healthcare digitization. A procurement for the public hospitals in North Rhine-Westphalia to redesign and renovate existing facilities might serve as an illustration.
The Germany market dominated the Europe Vessel Sealing Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $159.9 Million by 2028. The UK market is anticipated to grow at a CAGR of 8% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 9.9% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Vessel Sealing Devices Market will Hit $2.6 Billion by 2028, at a CAGR of 9.7%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:
- Laparoscopic Surgery
- General Surgery
By End Use
- Hospitals & Specialty Clinics
- Ambulatory Surgical Centers
- Rest of Europe
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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