Laparoscopy is a minimally invasive surgical technique performed through a keyhole incision. A small camera along with a light source attached to a flexible tube enables surgeons to maneuver special laparoscopic devices to the target area and carry out surgical procedures. This technique is mainly preferred for surgeries related to the pancreas, liver, colon and bile duct. To provide an accurate understanding and to assess the opportunities in this market, the report is categorically split under four sections namely: market analysis by product type, therapeutic application, end-use and regions. The report analyses the global laparoscopic devices market in terms of market value (US$ Mn).
The report starts with an overview of laparoscopic devices and usage in various applications in regions across the globe. In the same section, covers the laparoscopic devices market performance in terms of revenue. This section includes, analysis of key trends, drivers and restraints from supply side and demand side perspective.To arrive at market size, the report considers average price of laparoscopic devices across geographies. The forecast presented here assesses the total revenue of the laparoscopic devices market. When developing the market forecast, the starting point is sizing the current market, which forms the basis for the forecast of how the market is anticipated to take shape in the near future. Given the characteristics of market, we triangulated the outcome based on different analysis based on supply side, demand side and GDP growth rate. However, quantifying the market across aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities, rather than rationalizing them after the forecast has been completed.
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In addition, we have taken into consideration year-on-year growth to understand the predictability of the market and to identify the right opportunities across the market.
As previously highlighted, the market for laparoscopic devices is split into various sub-segmented based on region, product type, and therapeutic application, end-use. All these sub-segments or categories have been analyzed in terms of basis point share (BPS) to understand individual segments’ relative contribution to growth. This detailed level of information is important for identification of the many key trends in laparoscopic devices market.
Also, another key feature of this report is the analysis of laparoscopic devices market by regions, product type segments, end-use and therapeutic applications and its revenue forecast in terms of absolute dollar value. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective.
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Furthermore, Future Market Insights has developed market attractiveness index for all four segments – regional, product type, therapeutic application and by end-use segments. This index helps in identifying the real opportunities available in the market.
In the final section of the report, the laparoscopic devices market landscape is included to provide report audiences with a dashboard view, based on categories of providers across the market, presence in laparoscopic devices product portfolio and key differentiators.
Key players in the global laparoscopic devices market include Ethicon US LLC, Olympus Corporation, B. Braun Melsungen AG, Intuitive Surgical, Inc., Medtronic Inc., and Smith & Nephew.
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