Laparoscopic Devices Market Poised for Steady Growth Through 2032, Driven by Innovation and Rising Surgical Procedures | DelveInsight

Laparoscopy Devices by Product Type, Application, End-User, and Geography is expected to grow at a steady CAGR forecast till 2030 owing to the increase in incidence of cancer such as gastrointestinal and colorectal cancer, growing adoption of minimally invasive surgeries across the globe, and growing advancement in Laparoscopy technology.
The global laparoscopic devices market was valued at USD 11.35 billion in 2023 and is expected to grow at a CAGR of 9.14%, reaching around USD 19.13 billion by 2030. Market growth is primarily driven by the increasing prevalence of gastrointestinal and colorectal cancers, which is boosting the demand for effective surgical interventions. The ongoing shift toward minimally invasive procedures-offering benefits such as shorter hospital stays and reduced healthcare costs-is also contributing to rising demand. Advances in laparoscopic technology, including enhanced imaging, precision instruments, and robotic-assisted systems, are further accelerating market expansion through 2030.

DelveInsight's Laparoscopic Devices Market Insights report delivers a comprehensive analysis of the current and forecasted market, including market shares of leading companies, key drivers, challenges, barriers, trends, and profiles of major players in the laparoscopic devices industry.

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Key Takeaways from the Laparoscopic devices Market Report

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The laparoscopic devices market is expected to grow at a moderate CAGR between 2025 and 2032. According to DelveInsight, North America is likely to maintain its dominance in the global laparoscopic devices market throughout the forecast period.

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Key players in the market include Medtronic, Stryker, Shenzen Mindray Bio-Medical Electronics Co., Ltd., Johnson & Johnson, Olympus Corporation, B. Braun Melsungen AG, Intuitive Surgical, CONMED Corporation, Becton, Dickinson and Company, Smith & Nephew, Microline Surgical, Optomic, Palliare Ltd, Sejong Medical Co., Ltd., BIOSISHEALING, Richard Wolf GmbH, Bolder Surgical (Hologic Inc.), RUDOLF Medical GmbH + Co. KG, EMOS Technology GmbH, Teleflex Incorporated, and others.

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In June 2023, Canadian surgical instrument manufacturer Xpan received 510(k) clearance from the U.S. FDA for its Universal Trocars System, designed to minimize tissue trauma and enhance surgical access in laparoscopic procedures.

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In March 2023, Peters Surgical completed the acquisition of Vectac, a France-based medical device company, expanding its laparoscopic portfolio with products such as trocars, scissors, and endoscopic forceps to serve gynecology, urology, and visceral surgery markets.

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In January 2022, Shanghai MicroPort MedBot Co., Ltd. announced that its Toumai Registered Laparoscopic Surgical Robot received marketing approval from China's National Medical Products Administration (NMPA), marking a key development in robotic-assisted laparoscopic surgery.

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Laparoscopic devices Overview

Laparoscopic devices are advanced surgical instruments designed for minimally invasive procedures, allowing surgeries to be performed through small incisions with the help of a laparoscope-a slender, illuminated tube fitted with a camera. These tools have transformed surgical practice by enabling precise operations with less tissue damage, shorter hospital stays, quicker recovery, and minimal scarring compared to conventional open surgery.

Laparoscopic devices Market Insights

North America is expected to lead the laparoscopic devices market in 2023, largely driven by the increasing incidence of cancers such as gallbladder, colorectal, and uterine cancers. According to GLOBOCAN (2024), approximately 279,000 new cases of these cancers were reported in the region in 2022.

The rising adoption of minimally invasive surgeries, which offer shorter recovery times, reduced postoperative pain, and fewer complications, is further supporting market growth. Procedures such as cholecystectomy for gallbladder cancer, colectomy for colorectal cancer, and hysterectomy for uterine cancer are increasingly preferred due to their precision and improved patient outcomes.

Moreover, the presence of leading industry players and their strategic initiatives is strengthening the regional market, positioning North America as the dominant market for laparoscopic devices during the forecast period.

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Laparoscopic devices Market Dynamics

According to GLOBOCAN (2024), there were approximately 1.93 million new colorectal cancer cases worldwide in 2022, expected to increase to 3.29 million by 2045. Additionally, the International Agency for Research on Cancer reported 4.8 million global cases of gastrointestinal cancers. As the incidence of these cancers rises, the demand for minimally invasive and effective surgical solutions, such as laparoscopy, is growing rapidly.

Laparoscopic procedures-such as colectomies for colorectal cancer and gastrectomies for stomach cancer-provide notable advantages, including reduced surgical trauma, faster recovery, and better post-operative outcomes, making them a preferred choice for many gastrointestinal surgeries. This growing adoption is fueling expansion in the global laparoscopic devices market.

To address increasing demand, companies are scaling up production and securing regulatory approvals. For example, Genesis MedTech's ArtiSential Trademark received market approval in China in July 2023, supporting further industry growth.

While the market outlook remains favorable, challenges such as limited depth perception during laparoscopic procedures and stringent regulatory requirements may present obstacles. Nevertheless, the laparoscopic devices market is projected to grow steadily throughout the forecast period.

Laparoscopic devices Market Drivers:

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Rising prevalence of cancers, including gastrointestinal and colorectal cancers

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Expanding global preference for minimally invasive surgical procedures

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Continuous advancements in laparoscopic technology

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Coverage: Global

Study Period: 2022 to 2032

Key Laparoscopic devices Companies: Medtronic, Stryker, Shenzen Mindray Bio Medical Electronics Co., Ltd., Johnson & Johnson, Olympus Corporation, B. Braun Melsungen AG, Intuitive Surgical., CONMED Corporation., Becton, Dickinson and Company, Smith & Nephew, Microline Surgical., Optomic., Palliare Ltd, Sejong Medical Co., Ltd., BIOSISHEALING, Richard Wolf GmbH., Bolder Surgical (Hologic Inc.), RUDOLF Medical GmbH + Co. KG., EMOS Technology GmbH, Teleflex Incorporated., and others.

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Table of Contents

1. Laparoscopic devices Market Report Introduction

2. Laparoscopic devices Market Executive Summary

3. Competitive Landscape

4. Regulatory Analysis

5. Laparoscopic devices Market Key Factors Analysis

6. Laparoscopic devices Market Porter's Five Forces Analysis

7. Laparoscopic devices Market Layout

8. Laparoscopic devices Market Company and Product Profiles

9. KOL Views

10. Project Approach

11. About DelveInsight

12. Disclaimer & Contact Us

About DelveInsight

DelveInsight is a premier healthcare business consultant and market research firm, specializing in life sciences. We empower pharmaceutical companies with comprehensive end-to-end solutions designed to enhance performance and drive growth.

Our expert healthcare consulting services offer in-depth market analysis, helping businesses accelerate growth and navigate challenges with actionable, results-driven strategies.

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