The global demand for Laparoscopic Devices Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Laparoscopy is a minimally invasive surgical procedure performed in the abdomen or pelvis with one or multiple small incisionsand camera. This surgery is also called as bandaid or key surgery. Different devices, instrument s and equipment in range of designs are used for performing the surgery in efficient manner. It mainly includes trocars, laparoscopes, needle driver, bowel grasper, and varied robot assisted system to facilitate the operation and recovery speed. These devices are mainly used for routine diagnosis and surgical procedures for different abdominal diseases.
Market Dynamics
Rising demand for laparoscopy owing to preferred minimally invasive surgery drives the demand for laparoscopy devices. Increasing incidence of the chronic medical conditions coupled with growing aged population is surging the need for minimally invasive medical devices. Rise in urological and bariatric surgery boost the market growth. As per American Society for Metabolic and Bariatric Surgery, approx. 228,000 bariatric surgeries were performed in 2017.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of laparoscopic devices.
Market Segmentation
The entire laparoscopic devices market has been sub-categorized into product and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product
- Trocars
- Energy Systems
- Closure Devices
- Suction / Irrigation Devices
- Insufflation Devices
- Laparoscopes
- Hand Access Instruments
- Robot Assisted System
By Application
- Bariatric Surgery
- Colorectal Surgery
- General Surgery
- Gynecological Surgery
- Urological Surgery
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for laparoscopic devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Laparoscopic Devices Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the laparoscopic devices market include Stryker, Medtronic, Karl Storz GmbH, Johnson & Johnson Services, Inc., Olympus Corporation, CONMED Corporation, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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