According to the research report titled ‘Global Vessel Sealing Device Market Size study, by Product (Generators, Instruments, Accessories) by application (General Surgery, Laparoscopic Surgery) by end-use (Hospitals and Specialty Clinics, Ambulatory Surgical Centers) and Regional Forecasts 2021-2027’, available with Market Study Report, global vessel sealing device market size is projected to grow substantially over 2021-2027.
 

As per the findings of the report, adoption of automatic and robotic systems in surgeries, technological advancements, and increasing number of surgical procedures are the key factors fueling global vessel sealing device market growth.
 

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According to a study conducted by the University of Michigan Medical School, the use of robotic technology in general surgeries climbed from 1.8% to 15.1% from 2012 to 2018, cites the report.
 

For the unversed, vessel sealing device is utilized to seal the vessel wall by denaturing the elastin and collagen in the wall, entirely closing the blood vessel via bipolar electrothermal energy. The vessel sealing system can aid in reducing the liver transaction time and minimizing blood loss.
 

Considering factors restraining the industry expansion, hefty cost of device and diagnosis are anticipated to act as major challenge for businesses in this marketplace. Besides, complications associated with the vessel sealing devices are likely to negatively impact the business scenario.
 

Based on product type, global vessel sealing device industry is split into accessories, instruments, and generators. As per application spectrum, the industry segmentation comprises laparoscopic surgery and general surgery. Elaborating on end use scope, the market is divided into ambulatory surgical center, and hospitals and specialty clinics.
 

Moving on to geographical terrain, Latin America, Asia Pacific, Europe, North America are the leading contributors to the overall market remuneration. The report states that North America industry size is projected to amplify through 2027, owing to presence of leading firms and increasing investments over per capita healthcare by the behemoths. Furthermore, rising cognizance regarding the benefits of surgery, and technological advancements, particularly in economies like the United States, are projected to promote regional market growth.
 

Major players operating in global vessel sealing device marketplace are Bolder Surgical Holdings Inc., ConMed Corporation, OmniGuide Holdings Inc., BOWA-electronic GmbH & Co. KG, Boston Scientific Corporation, Ethicon US LLC (Johnson & Johnson), Olympus Corporation, Erbe Medical India Pvt. Ltd., B Braun Melsungen AG, and Medtronic plc.