“Global Laparoscopic Devices Market” report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Laparoscopic Devices Market by region.
Global Laparoscopic Devices Market is valued approximately USD 14.1 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 12.85% over the forecast period 2022-2028.
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Laparoscopy is an operation that is carried out in the pelvis or abdomen by the usage of small incisions with the help of a camera. Laparoscopy devices are used in the diagnosis and therapeutic procedures of diseases such as gastrointestinal disorders, prostatectomy, and pancreatic cancer. This device helps in ensuring minimal bleeding and aids in maintaining hemostasis. Factors such as the increasing number of gynecological surgeries, rising geriatric population coupled with various abdomen-related disorders, as well as growing preference for minimally invasive surgeries over open surgeries are burgeoning the market demand across the globe. For instance, according to The Organization for Economic Co-Operation and Development, in 2017, the total number of minimally invasive procedures was recorded as 51219 in Australia, 131263 in Belgium, and 396218 in Canada. And in 2019, the figure increases and reached 57174 in Australia, 138182 in Belgium, and 411668 in Canada. Therefore, the rising inclination toward minimally invasive procedures is creating a lucrative demand for Laparoscopic Devices, which is augmenting the market growth in the impending years. However, risk factors and a lack of skilled professionals in laparoscopic surgeries impede the growth of the market over the forecast period of 2022-2028. Also, the rising preference for laparoscopes across various surgeries and the increasing number of public and private diagnostic centres are anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Laparoscopic Devices Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the region growing prevalence of cancer cases and the presence of various prominent market players. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the rising geriatric population, as well as, launch of new products, would create lucrative growth prospects for the Laparoscopic Devices Market across the Asia-Pacific region.
Major market players included in this report are:
Johnson & Johnson
Karl Storz GmbH & CO. KG
Boston Scientific Corporation
Medtronic Plc
Olympus Corporation
ConMed Corporation
B. Braun Melsungen AG
Stryker Corporation
Richard Wolf GmbH
Smith & Nephew Plc
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product
Laparoscopes
Energy Devices
Insufflators
Robot-Assisted Surgery Systems
Suction or Irrigation Systems
Closure Devices
Hand Instruments
Access Devices
Accessories
Others
By Application
General Surgery
Bariatric Surgery
Gynecological Surgery
Urological Surgery
Colorectal Surgery
Others
By End User
Hospital
Clinic
Ambulatory
By Region:
North America: U.S., Canada
Europe: UK, Germany, France, Spain, Italy, Rest of Europe (ROE)
Asia Pacific: China, India, Japan, Australia, South Korea, Rest of Asia Pacific (RoAPAC)
Latin America: Brazil, Mexico, Rest of Latin America (RoLA)
Rest of the World
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Report Overview:
This research offers a comprehensive exploration of the emerging trends poised to shape the future business landscape. It delves deep into the pivotal factors driving the growth of the Laparoscopic Devices market over the projected period. Furthermore, the report sheds light on strategic initiatives undertaken by leading industry players to fortify their market positions.
Market Dynamics:
Encompassing a global perspective, this study presents insights into the influential entities within the worldwide Laparoscopic Devices market. It encompasses contact details, sales figures, and global market estimates. The research draws from reputable sources and institutions, aggregating a wealth of information and insightful analysis pertaining to the global Laparoscopic Devices market.
Marketing Insights:
The study furnishes essential facts and statistics relevant for marketers, consultants, and decision-makers navigating the global Laparoscopic Devices market landscape. With comprehensive regional breakdowns, this research offers a vital resource for newcomers venturing into the global Laparoscopic Devices market. It encapsulates indispensable insights extracted from the Laparoscopic Devices Market domain, facilitating informed decision-making processes.
This report covers several key questions related to the global Laparoscopic Devices market, including:
- What can be expected for the Laparoscopic Devices market in the next decade?
- What are the primary drivers of growth in the global Laparoscopic Devices market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Laparoscopic Devices market vary based on the size of the end market?
- What is the breakdown of Laparoscopic Devices by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Laparoscopic Devices market?
Our most recent research report showcases the thriving expansion of the global Laparoscopic Devices Market and offers in-depth insights into the projected market size, share, and revenue until 2031.
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