While laparoscopic power morcellators may seem like an oxymoron, they are actually FDA-approved tools used in gynecologic surgery. The US Food and Drug Administration (FDA) has issued guidance for the use of these tools, which includes proper patient selection and legal use of a tissue containment system. The FDA has updated its Safety Communication for laparoscopic power morcellation, which recommends the use of a tissue containment system and performed in a well-selected patient population. The FDA has warned that laparoscopic power morcellation could lead to an increased risk of uterine cancer, especially in women who are not diagnosed. Furthermore, the use of power morcellators may shred the cancerous tissue, increasing its stage from stage 1 to stage 4. Because of this, it is extremely difficult to treat, which decreases a woman’s chances of a long life.
The global laparoscopic power morcellators market is estimated to be valued at US$ 102.1 Mn in 2021 and is expected to exhibit a CAGR of 5.3% over the forecast period (2021-2028).
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The COVID-19 pandemic is expected to hamper the growth of the global laparoscopic power morcellators market over the forecast period owing to the delaying of medical surgeries. For instance, on July 6, 2021, PLOS one, a scientific journal for science and medicine, has published study on the impact of the COVID-19 pandemic on waiting times for elective surgery patients. Where the study concluded that the health care service providers patients will have increased elective surgery waiting times by one-third due to the pandemic, however the elective surgery rate will increase by one-fifth after the pandemic. This shows a drop in the usage of laparoscopic power morcellators, which could have a negative impact on the market growth.
Increasing prevalence of Uterine Leiomyomata (UL) in women is expected to drive the growth of the global laparoscopic power morcellators market over the forecast period.
Increasing prevalence of uterine fibroids in women; will in turn increase the adoption of laparoscopic power morcellators which is expected to drive the growth of the global laparoscopic power morcellators market over the forecast period. For instance, According to the article published in August 2021, the prevalence and burden of symptomatic uterine leiomyomata which is also called as fibroids and benign tumors of the uterus among women was approximately 1 in 20 or 5% or 13.6 million people globally.
Market players are indulged in following guidelines issued by regulatory authorities to receive 510 (k) clearance for the products such as laparoscopic power morcellators, which is expected to drive the growth of the global laparoscopic power morcellators market over the forecast period.
Companies are focused on developing new laparoscopic power morcellators with 510 (k) product clearance based on new regulatory guidelines from the regulatory authorities which is expected to drive the growth of the global laparoscopic power morcellators market over the forecast period. For instance, on February 3, 2021, Olympus America indicated that it supported the U.S. Food and Drug Administration (FDA) published guidance recommendations suggesting that laparoscopic power morcellators in gynecological procedures must be performed using an approved containment device. Olympus is now the sole manufacturer having a 510(k)-cleared containment laparoscopic power morcellation device in the U.S.
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Major players operating in the global laparoscopic power morcellators market include LiNA medical, Blue endo, Johnson and Johnson, Endomedium, Hangzhou kangji medical instruments, WISAP medical technology, Zhejiang geyi medical instrument, Karl storz GmbH, Medtronic, Richard wolf GmbH, Lumenis (Boston Scientific Corporation), Nouvag AG, RUDOLF Medical GmbH, and Olympus Corporation.
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The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Laparoscopic Power Morcellators Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of Laparoscopic Power Morcellators Market are also given.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Laparoscopic Power Morcellators Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Laparoscopic Power Morcellators Industry Impact
Chapter 2 Global Laparoscopic Power Morcellators Competition by Types, Applications, and Top Regions and Countries
2.1 Global Laparoscopic Power Morcellators (Volume and Value) by Type
2.3 Global Laparoscopic Power Morcellators (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Laparoscopic Power Morcellators Sales, Consumption, Export, Import by Regions
Chapter 5 North America Laparoscopic Power Morcellators Market Analysis
Chapter 6 East Asia Laparoscopic Power Morcellators Market Analysis
Chapter 7 Europe Laparoscopic Power Morcellators Market Analysis
Chapter 8 South Asia Laparoscopic Power Morcellators Market Analysis
Chapter 9 Southeast Asia Laparoscopic Power Morcellators Market Analysis
Chapter 10 Middle East Laparoscopic Power Morcellators Market Analysis
Chapter 11 Africa Laparoscopic Power Morcellators Market Analysis
Chapter 12 Oceania Laparoscopic Power Morcellators Market Analysis
Chapter 13 South America Laparoscopic Power Morcellators Market Analysis
Chapter 14 Company Profiles and Key Figures in Laparoscopic Power Morcellators Business
Chapter 15 Global Laparoscopic Power Morcellators Market Forecast (2022-2028)
Chapter 16 Conclusions
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