Laparoscopic Devices Market Future Business Opportunities 2021-2028 | Olympus Corporation, B. Braun Melsungen AG, Intuitive Surgical Inc., Medtronic plc.,

LAPAROSCOPIC DEVICES MARKET ANALYSIS – market insight

Some of the devices used in laparoscopy are bowel graspers, suturing needle drivers, surgical mesh, trocars, and laparoscopes are some of the instruments used in laparoscopy. Depending on the type of surgical treatment, laparoscopic entry can be conducted using an open and closed method.

The global laparoscopic devices market in 2019 was worth US$ 10,150.2 million and is expected to be worth US$ 16,854.3 million by the end of 2027.

Global Laparoscopic Devices Market: Drivers

The rising prevalence of gynecological problems is expected to drive the global laparoscopic devices market growth during the forecast period. According to the International Continence Society, around 63 million individuals globally suffered from urgency urinary incontinence in 2018.

To Get more Business Statergies Request for Sample Report at – https://www.coherentmarketinsights.com/insight/request-sample/580

Global Laparoscopic Devices Market: Opportunities

Market players can accelerate the development of a hand gesture recognition system for hand-assisted laparoscopic surgery to improve procedure efficacy.

Global Laparoscopic Devices Market: Restraints

Laparoscopic surgery necessitates general anesthesia, which may result in nausea or a sore throat following the procedure. Such a scenario could hamper the global laparoscopic devices market growth during the forecast period.

Key Takeaways:

The global laparoscopic devices market's bariatric surgery sub-segment in the therapeutic application sector in 2018 was worth US$ 3,048.7 Million and is estimated to reach US$ 5,548.6 Million by 2027 at a CAGR of 6.8 % over the forecast period.

According to the American Society of Metabolic and Bariatric Surgery, there were around 228,000 bariatric procedures performed in the U.S. in 2017. The growing demand for weight loss in the world's obese population is expected to drive segment growth during the forecast period.

In 2018, the hospitals sub-segment in the end-user sector accounted for the largest share in the global laparoscopic devices market, accounting for 72.5 %, trailed by ambulatory surgery centers and clinics, respectively.

The hospital segment is expected to account for the largest share and increase significantly in the global laparoscopic devices market during the forecast period. The vast majority of people in need of medical attention attend a hospital, where they are treated to a variety of treatment alternatives. Laparoscopic procedures are frequently used as a therapeutic option in hospitals in both developed and developing nations. As a result, the hospital segment is expected to hold a dominant position during the forecast period.

In 2018, the ambulatory surgical centers subsegment of the end-user sector is expected to account for 19.8 % of the global laparoscopic devices market.

The growing demand for minimally invasive surgical procedures for use in ambulatory surgery is expected to drive the growth of the ambulatory surgical centers segment.

To Get Research PDF Brochure Here @ https://www.coherentmarketinsights.com/insight/request-pdf/580

Market Trends

The market for bariatric procedures has seen a huge increase in demand. According to the American Society for Metabolic & Bariatric Surgery's Estimate of Bariatric Surgery Numbers, 2011-2018, 252,000 bariatric operations were conducted in the U.S. in 2018, up from 228,000 in 2017.

Owing to the region's increasing elderly populations, the Asia Pacific market is witnessing an increase in demand for laparoscopic devices. According to the United Nations Economic and Social Commission for Asia and the Pacific, more than a third of Asia Pacific's population is expected to be of age 60 years or above by 2050.

Regulations

Europe

• Health Trust Europe (HTE) has reinvigorated the framework agreement for 4 years – December 1, 2012 to November 30 2016 – for laparoscopic procedures. HTC offers both endo-mechanical and energy devices used in laparoscopic procedures for the interventional diagnosis and treatment of conditions in general and bariatric surgery, as well as gastrointestinal health, gynecology and surgical oncology.

• EU commission guidance, Medical Device Expert Group (MDEG), Notified Body Operations Group (NBOG), and BSI (British Standard Institution) play an active role in evaluating, assessing and modifying the regulations for medical devices.

Global Laparoscopic Devices Market: Competitive Landscape

Key players contributing to the global laparoscopic devices market are Gordian Surgical Ltd., Ethicon US, LLC, Medtronic plc., Tekno-Medical Optik Surgery GmbH, CareFusion Corporation, Stryker Corporation, 270Surgical Ltd., Smith & Nephew Plc., Intuitive Surgical Inc., Richard Wolf GmbH, B. Braun Melsungen AG, KARL STORZ GmbH & Co. KG, Olympus Corporation, and Endocontrol SA.

Global Laparoscopic Devices Market: Key Developments

Vizient, Inc. awarded Northgate Technologies, Inc.'s NEBULAE I System, High-flow Laparoscopic Insufflator, an Innovative Technology contract in October 2019.

The Australian TGA regulatory authority approved Biom'up SA's HEMOBLAST Bellows – a hemostatic product to regulate bleeding in a wide variety of alternative and minimally invasive surgical procedures such as laparoscopy for multiple specialties which include cardiac, general, and orthopedic surgery – in October 2019.

Segmentation

• By Product Type
o Direct Energy System Devices
o Trocars/Access Device
o Internal Closure Devices
o Laparoscopes
o Hand Access Instruments
o Insufflation Devices
o Robotic Assisted Surgical System

• By Therapeutic Application
o Bariatric Surgery
o Colorectal Surgery
o General Surgery
o Gynaecological Surgery
o Urological Surgery

• By End User
o Hospitals
o Ambulatory Surgical Centers
o Clinics

• By Region
o North America
o Latin America
o Europe
o Asia Pacific
o Middle East
o Africa

To Direct Purchase this Research Report – https://www.coherentmarketinsights.com/insight/buy-now/580

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐒:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

This release was published on openPR.