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Top Trends Transforming the Laparoscopy Devices Market Landscape in 2025: New Advanced Energy Device Enhances Precision And Efficiency In Open Surgical Procedures
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Laparoscopy Devices Industry Market Size Be by 2025?
In recent years, the market size for laparoscopy devices has seen impressive growth. It is predicted to expand from $12.75 billion in 2024 to $13.49 billion in 2025, with a compound annual growth rate (CAGR) of 5.8%. This growth during the historical period can be credited to improvements in surgeon education programs, better safety and efficiency, a shift towards less invasive surgery methods, advancements in energy-based devices, and overcoming the early adoption challenges.
What's the Long-Term Growth Forecast for the Laparoscopy Devices Market Size Through 2029?
Expectations are high for the laparoscopy devices market to experience significant expansion in the upcoming years. The market is projected to reach a value of $18.39 billion by 2029, with a compound annual growth rate (CAGR) of 8.1%. The predicted growth during the forecasted period is as a result of factors such as personalization and a patient-focused method, greater market reach in developing economies, programs geared towards training and upskilling, integration of robot-assisted systems, and a boom in energy-based devices. The trending aspects anticipated in the forecast period involve the downsizing of devices, an increase in non-invasive surgical procedures, adoption in rapidly developing economies, a concentrated effort towards training and education, and the inclusion of robotics.
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What Are the Key Growth Drivers Fueling the Laparoscopy Devices Market Expansion?
The rise in chronic diseases is anticipated to boost the laparoscopy devices market's expansion. Chronic diseases, typically lasting a year or longer, require ongoing medical attention, impede day-to-day activities, or both. This category includes conditions like heart disease, cancer, obesity, and diabetes. Laparoscopy can provide decisive diagnoses and effective therapeutic intervention for patients suffering from unexplained sustained abdominal pain. Additionally, research has indicated the use of these devices in minimal-access surgical procedures. For example, a report released by the American College of Cardiology, a non-profit medical organization based in the United States, in August 2022 projects a potential rise in all four major cardiovascular risk factors in the United States from 2025 to 2060. Diabetes will likely see the most substantial percentage growth, by 39.3% to 55 million people, followed by dyslipidemia (27.6% increase to 126 million people), hypertension (25.1% increase to 162 million people), and obesity (18.3% increase to 126 million people). A significant uptick in cardiovascular disease rates, including stroke (33.8% increase to 15 million) and heart failure (33.4% to 13 million), is also predicted, closely followed by ischemic heart disease (30.7% increase to 29 million) and heart attack (16.9% increase to 16 million). Consequently, the escalating prevalence of chronic conditions is fueling the laparoscopy devices market's expansion.
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Which Fast-Growing Trends Are Poised to Disrupt the Laparoscopy Devices Market?
Key players in the laparoscopy devices market are introducing state-of-the-art energy systems to improve surgical results and increase operational efficiency. Devices merging pioneering technology with versatility are vital in laparoscopic procedures. An example of this occurred in September 2022, when Olympus Corporation, a Japanese company specializing in producing solutions for disease detection, prevention, and treatment, unveiled the THUNDERBEATTM Open Fine Jaw Type X surgical energy device for open surgery. This piece of equipment, designed specifically for open surgery, blends high-tech energy supply with precise handling of tissue. It supports effective dissection and coagulation, thereby boosting surgical efficiency and reducing thermal spread. This equipment is particularly useful in laparoscopic operations, where precision and control form the bedrock of success.
How Is the Laparoscopy Devices Market Segmented?
The laparoscopy devices market covered in this report 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
Subsegments:
1) By Laparoscopes: Standard Laparoscopes, High-Definition Laparoscopes, 3D Laparoscopes
2) By Energy Devices: Electrosurgical Devices, Laser Devices, Ultrasonic Devices
3) By Insufflators: Manual Insufflators, Automatic Insufflators
4) By Robot-Assisted Surgery Systems: Surgical Robots, Robot-Assisted Laparoscopic Systems
5) By Suction or Irrigation Systems: Suction Devices, Irrigation Pumps
6) By Closure Devices: Staplers, Suture Devices
7) By Hand Instruments: Graspers, Scissors, Needle Holders
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Which Companies Are Leading the Charge in Laparoscopy Devices Market Innovation?
Major companies operating in the laparoscopy devices market include B. Braun Melsungen AG, Boston Scientific Corporation, CONMED Corporation, Ethicon Inc., Karl Storz SE & Co. KG, Medtronic PLC, Olympus Corporation, Richard Wolf GmbH, Smith & Nephew PLC, Stryker Corporation, Intuitive Surgical Inc., The Cooper Companies Inc., Microline Surgical Inc., Becton inson and Company, Welfare Medical Ltd., Applied Medical Resources Corporation, Cooper Surgical Inc., Fujifilm Holdings Corporation, Grena Ltd., Henke-Sass Wolf GmbH, LaproSurge Ltd., Maxer Endoscopy GmbH, MedGyn Products Inc., EndoOptiks Inc., EndoChoice Inc., Endo-Technik W. Griesat GmbH, Endo-Flex GmbH, Endo-Therapeutics Inc., Smiths Group plc, LiNA Medical ApS
Which Regions Are Leading the Global Laparoscopy Devices Market in Revenue?
North America was the largest region in the laparoscopy devices market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global laparoscopy devices market report during the forecast period. The regions covered in the laparoscopy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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