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Laparoscopy Devices Market 2023 | Market Size, Share Analysis, Trends, Segmentation And Forecast To 2032
Laparoscopy Devices Market Analysis
The Business Research Company's Laparoscopy Devices Global Market Report 2023 identifies increasing prevalence of chronic diseases as the major driver for the laparoscopy devices market's growth in the forecast period. Chronic diseases are defined as problems that last a year or longer and necessitate continuing medical care, restricting everyday activities, or both. Heart disease, cancer, obesity, and diabetes are a few examples. Patients with undiagnosed persistent abdominal pain can receive a solid diagnosis and benefit from therapeutic intervention through laparoscopy. In addition to these benefits, studies have demonstrated that these devices use minimal-access surgery procedures.
The global laparoscopy devices market size is expected to grow from $11.29 billion in 2022 to $12.17 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global laparoscopy devices market size is expected to reach $15.96 billion in 2027 at a CAGR of 7%.
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Major competitors in the laparoscopy devices market are B. Braun, Boston Scientific Corporation, CONMED Corporation, Ethicon Inc., Karl Storz SE & Co. KG, Medtronic PLC, Olympus Corporation.
A key trend in the laparoscopy devices market includes introduction of innovative laparoscopic devices. Major companies operating in the laparoscopy devices market are focused on introducing innovative laparoscopic devices to sustain their position in the market. For instance, in June 2021, Ethicon, a US-based manufacturer of surgical sutures and wound closure devices, introduced the Enseal X1 curved jaw tissue sealer. This new, more advanced laparoscopic tool provides more robust sealing, better tissue access, and increased procedural efficiency. The device can be used for thoracic, gynecological, bariatric, and colorectal surgeries. It has independent seal and cutting capabilities and a 360-degree continuous shaft rotation that makes it simple to reach the desired tissue. Additionally, the device uses Ethicon's adaptive tissue technology, which enables it to continuously sense changes in the tissue's state and react with the right amount of energy to reduce lateral thermal spread.
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The laparoscopy devices market is segmented -
1) By Product: Laparoscopes, Energy Devices, Insufflators, Robot-Assisted Surgery Systems, Suction or Irrigation Systems, Closure Devices, Hand Instruments, Access Devices, Accessories, Other Products
2) By Application: General Surgery, Bariatric Surgery, Gynecological Surgery
3) By End User: Hospitals, Clinics, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the laparoscopy devices market.
The Business Research Company's "Global Laparoscopy Devices Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Laparoscopy Devices Market Include:
1. Executive Summary
2. Laparoscopy Devices Market Characteristics
3. Laparoscopy Devices Market Trends And Strategies
4. Laparoscopy Devices Market - Macro Economic Scenario
5. Laparoscopy Devices Market Size And Growth
……
26. Africa Laparoscopy Devices Market
27. Laparoscopy Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Laparoscopy Devices Market
29. Laparoscopy Devices Market Future Outlook and Potential Analysis
30. Appendix
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