Laparoscopy Devises market 2022 Size, Business Statistics, Trends, and Top Companies Detailed Analysis by Forecast to 2028.
The increasing adoption of minimally invasive surgery (MIS), and the growing number of gynecology & urology operations with new advances in surgical techniques are the major factors fuelling the growth of the Global Laparoscopy Devices Market.
The laparoscopy devices Market is valued at USD 9.46 Billion in 2018 and is expected to reach USD 15.41 Billion by 2025 with a CAGR of 7.21% over the forecast period.
Scope of the Laparoscopy Devices Market Report:
Laparoscopy is a surgical diagnostic procedure used to determine the organs inside the abdomen. The laparoscopy procedure uses different instruments such as a laparoscope to examine the abdominal organs. It is a long, thin tube with a high-intensity light and a high-resolution camera on the front side.
Laparoscopic surgery uses long pencil-like instruments that can fit through small cuts in the abdominal wall and are obtained from durable materials with high-quality stainless steel. There are various devices used during laparoscopic procedures like a laparoscope, needle driver for suturing, trocar, bowel grasper, and surgical mesh. Laparoscopy devices have numerous advantages compared to traditional surgery because it involves fewer injuries or cutting and patient get out of the hospital quicker. Along with this, the risk of bleeding during laparoscopic surgery is less because the size of the incision made is smaller than the large incision that is made for open surgery.
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Laparoscopy devises Market Key Players:
- Johnson & Johnson
- Karl Storz GmbH & Co KG
- Boston Scientific Corporation
- Medtronic PLC
- Olympus Corporation
- Conmed Corporation
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Regional Analysis-
North America
- U.S., Canada
Europe
- Germany, France, U.K., Italy, Spain, Sweden, Netherlands, Turkey, Switzerland, Belgium, Rest of Europe
Asia-Pacific
- South_Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest Of APAC
Latin America
- Mexico, Colombia, Brazil, Argentina, Peru, Rest of Latin America
The Middle East and Africa
- Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA
Global Laparoscopy Devices Market Segmentation:
By Types
- Insufflation Devices
- Laparoscope
- Robotics-assisted Laparoscopic Devices
- Trocar / Access Devices
- Others
By Application
- General Surgery
- Gynecological Surgery
- Spinal Surgery
- Bariatric Surgery
- Others
By End-Users
- Ambulatory Surgical Centers
- Hospitals
- Others
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Global Laparoscopy Devices Market Dynamics-
Increasing adoption of minimally invasive surgery (MIS) and a growing number of gynecology & urology operations with new advances in surgical techniques are some major factors fostering the growth of the laparoscopy devices market. For example; in 2017, minimally invasive surgeries accounted for nearly 85.19% of total robotic surgeries performed in the United States. The increased prevalence of urologic disorders has become the leading cause that requires laparoscopy devices in recent years. The laparoscopic devices are significantly adopted to minimize postoperative pain and recovery times and have become the most preferred way for many abdominal surgeries. Laparoscopy devices continue to play an important role as the best alternative to traditional open surgery as well as traditional laparoscopic techniques. Furthermore, the increasing prevalence of anatomical health conditions is also supplementing the demand for Laparoscopy devices. However, in many cases, the risk of major complications may be similar for the open and laparoscopic approaches and can turn out as a restraining factor for the growth of this market.
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