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Laparoscopic Instruments Market is Expecting Worldwide Growth by 2017 – 2025 : Persistence Market Research

06-13-2017 01:00 PM CET | Health & Medicine

Press release from: Persistence Market Research

Laparoscopic Instruments Market is Expecting Worldwide Growth

Laparoscopic surgery is a surgical technique in which operations are performed at a distance through small incisions. The surgical procedure is performed with the assistance of a video camera and several instruments known as laparoscopic devices. The camera provides an image of the organs inside the body onto a screen or a monitor from where the surgeon, is able to visualize the inside organs which are been operated. Thus during a laparoscopic surgery the surgeon performs in a 3D plane whereas visualizes the procedure on a 2D screen. Due to smaller incision made during laparoscopic surgeries, these surgeries have numerous advantages such as lower pain and less blood loss due to smaller incisions and faster postoperative recovery. The main instruments used during laparoscopic surgery are laparoscope, along with Insufflators and Energy Devices. It includes suturing devices, ligation devices, staplers etc. used during these surgeries. Laparoscopic instruments market comprises of the many such instruments used by laparoscopic surgeons during minimally invasive surgeries such a bariatric surgeries, colorectal and gynecological surgeries.

The primary factor for the growth of global laparoscopic instruments market is the increasing number of hospital admissions attributed to increasing number of bariatric surgeries such as gastric bypass, adjustable gastric band etc. owing to increasing prevalence of obesity and more inclination of the people to opt for bariatric surgeries for aesthetic appeal. Secondly growing healthcare expenditure and the introduction of advanced technologies in minimally invasive surgeries, growing insurance coverage and inclination of the surgeons to prescribe minimally invasive surgeries to the patients due to early post-operative recovery and lower post-operative complications also drives the market growth for laparoscopic instruments over the forecast period. However high cost of minimally invasive surgeries and lack of laparoscopic surgeons are the factors expected to restrain the revenue growth of laparoscopic instruments market over the forecast period.

This market is segmented on the basis of product type, end user and application

Laparoscopic instruments market is mainly dominated by trends such as introduction of technically advanced and sleek laparoscopes, automated ligation and suturing devices etc. increasing popularity of robot-assisted laparoscopic surgeries and growing demand for single incision laparoscopic surgery. However manufacturers are consistently focusing on developing automated laparoscopic devices which provides more precession and accuracy to the surgeons during neurosurgeries, bariatric surgeries and cardiovascular surgeries. These trends are changing the market scenario, however there are many such trends expected to dominate the market over the forecast period.

Depending on geographic region, laparoscopic instruments market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA).

Globally, laparoscopic instruments market is expected to witness healthy growth in the near future due to increasing number of product launches and increasing awareness of endoscopic surgeries in the developing nations. Laparoscopic instruments market is anticipated to show highest share in North America followed by Europe owing to technological advancement and more number of companies manufacturing laparoscopic instruments in these regions. Also it has been analyzed that increasing number of companies in Europe are getting CE mark approval to market their minimally invasive surgery devices in the region. Asia-Pacific is expected to register fastest growth owing to increasing number of endoscopic surgeries attributed to increasing prevalence of obesity and other chronic disorders in the region over the forecast period.

Some of the key market players in global laparoscopic instruments market includes Boston Scientific Corporation, Stryker Corporation, Ethicon, Inc. Smith & Nephew PLC, Cook Medical Incorporated, Intuitive Surgical, Inc., Apollo Endosurgery, Inc., Olympus America etc. these players are entering into mergers & acquisitions, strategic collaborations, and product portfolio expansions, which are their key sustainability strategies to maintain their profit margins in the long run. Also many startup companies’ have entered in this lucrative market space to capitalize over the opportunities present in laparoscopic instruments market.

A Sample of this Report is Available Upon Request @ http://www.persistencemarketresearch.com/samples/13831

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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About Us 
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
 PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

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