Global Video Laparoscopes Forecasted to Gain Steady Growth at a CAGR of 4.80% through 2023

In recent years, due to the growing technological advancements and the demand for minimally invasive surgeries is favorably supporting the growth of the video laparoscopes market significantly. Considering this positive impact on the market, a fresh study titled “MediPoint: Video Laparoscopes - Global Analysis and Market Forecasts” has been broadcasted to the vast online repository of Market Research Hub (MRH). This research study offers a detailed analysis of the market, focusing on the growth prospects in the next few years. Additionally, the research also throws light on drivers and challenges associated with this market which provides readers and market entrants a clear understanding of the market.

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This research report has provided an in-depth analysis of the market on the basis of its performance in the major regions including North America, APAC, Europe and South America. Through this regional outlook, the analysts have forecasted the global video laparoscopes was valued at $860.3M in 2016 and is expected to grow at a CAGR of 4.80% to reach a value of $1,197.8M in 2023. The report analyzes that benefits of laparoscopic intervention over open surgical interventions along with advanced product features that enable better image output are the key drivers for expected growth in the video Laparoscopes market.

Laparoscopy is done with an instrument called a laparoscope which is like a small telescope with a light and camera at its end. A video camera is attached to the telescopic rod lens while the charged couple device is placed at the end of a digital laparoscope. The doctor moves the laparoscope to view various parts and its video can be seen on the monitor. This video surgery can help the doctors have better view and analysis of the real condition. The video laparoscopes market includes rigid tip video laparoscopes and flexible tip video laparoscopes. As laparoscopic interventions are preferred over open surgeries, it is expected that the list of indications using video laparoscopes will expand, thereby leading to a higher adoption rate of these instruments.

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The market overview section comprises detailed market outlook and insights together with information on sales volume trends, pricing and revenue trends; company shares analysis; market dynamics and key players. In terms of geography, The APAC video laparoscopes market is projected to grow at a CAGR of 5.7% during the forecast period. The report also analyzes that the high acquisition costs associated with video laparoscopes are seen as a barrier to the growth of this market.

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In terms of key market players, the video laparoscopes market is consolidated with the presence of major multinational companies. Major players profiled in the report include B. Braun, Olympus, Karl Storz, Stryker and Richard Wolf.

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This release was published on openPR.