Laparoscopic Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Laparoscopic Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • October 2020 •
  • 137 pages •
  • Report ID: 5968647 •
  • Format: PDF
The global laparoscopic devices market grew at a CAGR of around 8% during 2014-2019.

Laparoscopic devices refer to the medical equipment used for accessing the abdominal and pelvic region for laparoscopic surgeries. They are primarily used for adjusting tissues and enabling ergonomic rotations, grasping and locking with precision. Some of the commonly used laparoscopic devices include trocars, cannulas, incision closure devices, forceps, rigid scopes, retractors, knot pushers, bowel, grasper and surgical mesh. They are usually minimally invasive (MI) as they can be inserted with a laparoscope through small incisions and aid in ensuring minimal tissue trauma, blood loss and discomfort for the patient. As a result, these devices are commonly used in bariatric, gynecological, colorectal, urological, as well as general surgeries.

The increasing prevalence of chronic medical ailments, such as cancer, diabetes and urological disorders, is one of the key factors driving the growth of the market. Furthermore, the rising preference for minimally invasive (MI) surgery devices is favoring the market growth. With the changing lifestyles and dietary patterns, there is a rise in the incidences of obesity, gall bladder-related problems, Crohn’s disease, ulcerative colitis and diverticulitis. This, in turn, is increasing the demand for these devices as the treatment of these ailments is usually done through laparoscopic procedures. Additionally, various technological advancements, such as the adoption of robot-assisted laparoscopic surgeries and the development of innovative devices, are acting as other growth-inducing factors. These devices are designed to conduct complex surgeries with immense accuracy to assist the surgeon with rapid dissection and tissue cutting. Other factors, including rising geriatric population, along with improvements in the healthcare infrastructure across the globe, are expected to drive the market further. Looking forward, the analyst expects the global laparoscopic devices market to continue its moderate growth during the next five years.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global laparoscopic devices market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, product type, application and end user.

Breakup by Product Type:
Energy Systems
Closure Devices
Suction/Irrigation Devices
Insufflation Devices
Hand Access Instruments
Robot Assisted Systems

Breakup by Application:
Bariatric Surgery
Colorectal Surgery
General Surgery
Gynecological Surgery
Urological Surgery

Breakup by End User:
Hospitals and Clinics
Ambulatory Surgery Centers

Breakup by Region:
North America
United States
Asia Pacific
South Korea
United Kingdom
Latin America
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being B. Braun, BD (Becton, Dickinson and Company), Boston Scientific Corporation, CONMED Corporation, Cook Medical Incorporated, Intuitive Surgical Inc., Johnson & Johnson , Karl Storz SE & CO. KG, Medtronic plc, Olympus Corporation, Richard Wolf GmbH, Smith & Nephew Plc, Stryker Corporation and Tekno-Medical Optik-Chirurgie GmbH.

Key Questions Answered in This Report:
How has the global laparoscopic devices market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global laparoscopic devices market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global laparoscopic devices market and who are the key players?
What is the degree of competition in the industry?