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Laparoscopic Devices Market - Global Market Analysis & Forecast to 2027

Published On: March 2016

Global Laparoscopic Devices Market

Wound healing is one of the most important processes, after surgery. Currently, the healthcare industry is facing many challenges with respect to wound healing (the process by which skin or other body tissue repairs itself). To address the same, Laparoscopic surgeries came into light, which is also known as minimally invasive surgery. Laparoscopic surgery belongs to a broader field of endoscopy. In general, laparoscopic surgery is a modern surgical technique where operations are performed through a small incision usually of 0.5 to 1.5 cm anywhere in the body. Laparoscopes (a long fiber optic cable system which allows examine and diagnose disease) are the key element in the laparoscopic surgery. In general, there are two types of laparoscopes: rigid rod lens system which is usually connected to a video camera and digital laparoscopes where the camera is placed at the end of the laparoscopic device. Scissors, probes, forceps, dissectors, retractors, hooks and more are the special surgical instruments used in laparoscopy.

Laparoscopy is used to find problems such as fibroids, adhesions, cysts, and infection. Tissue samples can be taken for biopsy through the tube (laparoscope). The objective is to lessen wound healing time, less pain, no blood loss along with less risk of infection. The laparoscopic surgeries have a number of advantages over traditional (open) surgery. Patients with a critical condition are treated more with laparoscopic procedures. The global laparoscopic devices market has been estimated to be valued at US$ 8,812.4 Mn in 2016 and is projected to expand at a CAGR of 7.5% over the forecast period 2017–2027.

Global Laparoscopic Devices Market Growth Influencer

Increasing cholecystectomy surgeries, growing demand for single incision along with increasing obesity rate is likely to drive the market for laparoscopic devices. Also, increasing preference for minimally invasive procedures and popularity of robot-assisted laparoscopy is fueling the laparoscopic devices market.  Majorly, the laparoscopic surgeries are performed in developed economies such as the US and Europe but the trend is shifting towards developing regions too especially in China, India, and Japan. As the surgery allows surgeons to perform both complex and minor with a small cut in the body. Due to smaller incisions, the surgery allows reduced pain, hemorrhaging, along with shorter recovery time. The other factor affecting the growth of the market the rise in technological advancements, increasing efficiency and safety of procedures, stringent government rules and regulations, rise in disposable income and increasing health awareness is escalating demand for laparoscopic devices. However, lack of skilled surgeons along with high costs of laparoscopic devices & procedures is some of the constraints for the global laparoscopic devices market.

Global Laparoscopic Devices market: Segmentation

On the basis of requirements in therapeutic application, global laparoscopic devices market can be segmented into:

On the basis of product type, global laparoscopic devices can be segmented into:

On the basis of end-user, global laparoscopic devices can be segmented into:

Global Laparoscopic Devices Market: Regional Analysis

Moving ahead towards the geographical analysis, North America dominates the global laparoscopic devices market followed by Europe due to an increasing number of diseases includes obesity, diabetes, aging population and cardiac problems. Asia-Pacific (popularly used for weight reduction, the rise in abdominal disorders along with increasing healthcare norms and investments) is expected to be the fastest growing market with a CAGR of more than 8% in the laparoscopic devices market. Argentina, Brazil & Mexico represent the rapidly growing markets in global laparoscopic devices market. Other regions also show a positive outlook for the global laparoscopic devices market.

Global Laparoscopic Devices Market: Prominent Market Players

Some of the prominent players of the global laparoscopic devices market are as

Market Research Future introduces about the global laparoscopic devices market during the forecast period 2016-2027 which mainly includes the growth drivers, trends and restrains and how the market will grow in the future across the globe. In this report, Market Research Future has focused on the current market scenario which includes market segmentation, market dynamics, and competitive landscape along with company profiles.                                  

The reports also covers brief analysis of Geographical Region includes:

·        Americas

o   US

o   Canada

o   Argentina

o   Brazil

o   Mexico

o   Rest of LATAM

·        Europe

o   Germany

o   France

o   Italy

o   Spain

o   U.K

o   Rest of Western Europe

o   Poland

o   Russia

·        Asia – Pacific

o   China

o   India

o   Japan

o   South Korea

o   Rest of Asia

o   Australia

o   New Zealand

·        Middle East & Africa

o   Saudi

o   Qatar

o   UAE

o   Rest of Middle East

o   South Africa

o   Rest of Africa

Every report of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report also gives a broad study of the different market segments and regions.

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