Press release
Laparoscopic Devices Market Size Is Booming So Rapidly | Johnson & Johnson, Karl Storz GmbH & CO. KG
Global Laparoscopic Devices Market is valued approximately USD 14.1 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 12.85% over the forecast period 2022-2028. Laparoscopy is an operation that is carried out in the pelvis or abdomen by the usage of small incisions with the help of a camera.Laparoscopy devices are used in the diagnosis and therapeutic procedures of diseases such as gastrointestinal disorders, prostatectomy, and pancreatic cancer. This device helps in ensuring minimal bleeding and aids in maintaining hemostasis. Factors such as the increasing number of gynecological surgeries, rising geriatric population coupled with various abdomen-related disorders, as well as growing preference for minimally invasive surgeries over open surgeries are burgeoning the market demand across the globe.
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For instance, according to The Organization for Economic Co-Operation and Development, in 2017, the total number of minimally invasive procedures was recorded as 51219 in Australia, 131263 in Belgium, and 396218 in Canada. And in 2019, the figure increases and reached 57174 in Australia, 138182 in Belgium, and 411668 in Canada. Therefore, the rising inclination toward minimally invasive procedures is creating a lucrative demand for Laparoscopic Devices, which is augmenting the market growth in the impending years. However, risk factors and a lack of skilled professionals in laparoscopic surgeries impede the growth of the market over the forecast period of 2022-2028. Also, the rising preference for laparoscopes across various surgeries and the increasing number of public and private diagnostic centres are anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Laparoscopic Devices Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the region growing prevalence of cancer cases and the presence of various prominent market players. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the rising geriatric population, as well as, launch of new products, would create lucrative growth prospects for the Laparoscopic Devices Market across the Asia-Pacific region.
Major market players included in this report are:
Johnson & Johnson
Karl Storz GmbH & CO. KG
Boston Scientific Corporation
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Medtronic Plc
Olympus Corporation
ConMed Corporation
B. Braun Melsungen AG
Stryker Corporation
Richard Wolf GmbH
Smith & Nephew Plc
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Laparoscopes
Energy Devices
Insufflators
Robot-Assisted Surgery Systems
Suction or Irrigation Systems
Closure Devices
Hand Instruments
Access Devices
Accessories
Others
By Application
General Surgery
Bariatric Surgery
Gynecological Surgery
Urological Surgery
Colorectal Surgery
Others
By End User
Hospital
Clinic
Ambulatory
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content:
Report Overview
Global Growth Trends
Competition Landscape by Key Players
Data Segments
North America Market Analysis
Europe Market Analysis
Asia-Pacific Market Analysis
Latin America Market Analysis
Middle East & Africa Market Analysis
Key Players Profiles Market Analysis
Analysts Viewpoints/Conclusions
Appendix
Here is an overview of the different factual statements covered by the study:
The learn about consists of an area that breaks down strategic traits for the primary gamers in present and upcoming R&D, new product launches, collaborations, regional expansion, and mergers & acquisitions.
The lookup focuses on essential market traits such as revenue, product cost, potential and utilization rates, import/export rates, supply/demand figures, market share and CAGR.
The learn about is a series of analyzed records and a variety of barrels of house bought via a mixture of analytical equipment and an inside look up process.
The Market can be divided into 4 areas in accordance to the regional breakdown: North American Markets, European Markets, Asian Markets and Rest of the World.
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