Laparoscopy Devices Market report offers Market Size, Dynamics, Regional Market Share, Top Key Players, Latest trends, Growth factors, Industry Stats, Historic Market, Business Intelligence, Business Research Reports, Competitive Intelligence 2013 to 2017 and Forecast 2018 to 2024
The worldwide laparoscopy gadget advertise is relied upon to develop at a huge CAGR because of increment in the geriatric populace, and pervasiveness of colorectal tumor and so forth. As per World Obesity Federation, the stoutness rate is expanding internationally, which prompted expanding interest for bariatric surgery by gastric sidestep, and customizable gastric groups utilizing laparoscopy which helps in the development of worldwide laparoscopy gadgets showcase. Ascend popular for less intrusive systems, accessibility of innovatively progressed laparoscopic gadgets, and rising occurrences of colorectal malignancies boosting the development of worldwide laparoscopy gadget showcase. So also, developing human services use, rising protection scope, early post-agent recuperation and lower post-agent difficulties may fuel the development of worldwide laparoscopy gadget advertise over the determining time frame. In any case, absence of talented experts for performing laparoscopic methods, and the high cost of insignificantly obtrusive surgeries anticipated that would block the development of worldwide laparoscopic gadget showcase. Aside from this, the stringent administrative system is a noteworthy imperative for the development of worldwide laparoscopy gadget advertise.
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Global laparoscopy device market has been segmented based on the product type, application, technologies, and end user
Based on the product type, global laparoscopic device market has been segmented into the following:
- Laparoscopes
- Energy Devices
- Insufflators
- Suction/Irrigation Systems
- Closure Devices
- Hand Instruments
- Access Devices
- Accessories
Based on application, global laparoscopic device market has been segmented into the following:
- Gynaecological Surgery
- General Surgery
- Urological Surgery
- Colorectal Surgery
- Bariatric Surgery
- Paediatric Surgery
Based on technology, global laparoscopic device market has been segmented into the following:
- Traditional laparoscopy
- Robotic laparoscopy
Based on the end user, global laparoscopic device market has been segmented into the following:
- Hospitals
- Clinics
- Ambulatory surgical centers
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Many players are actively involved in the development of laparoscopy devices. Global laparoscopy device market is expected to grow significantly over the forecasting period due to increasing number of product launches, and increasing awareness of endoscopic surgeries in developing nations. However, manufacturers are mainly focussing on developing automated laparoscopic devices which provide more accuracy and precision to the surgeons during neuro, cardio, and bariatric surgeries. According to American Society for Metabolic and Bariatric Surgery (ASMBS), the bariatric surgeries increasing from 5% to 6% every year. In addition, the laparoscopic device market has been growing due to increase in the sales of energy devices market and robot-assisted surgical systems. The major advantage with the robot-assisted laparoscopic device is to facilitate minimally invasive surgical procedures, which improves the sales of robotic-assisted systems and helps in the overall growth of global laparoscopy device market over the forecast period. Few companies have taken an active lead in the global laparoscopy device market in the development process. For instance, in 2012, Olympus entered into global laparoscopy device market in North-America and since then, company has been investing significantly in product promotion in the global laparoscopy device market.
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Geographically, the global laparoscopy device market has been segmented into following regions Viz. Europe, North America, Asia-Pacific, Middle East & Africa, and Latin America. North America is anticipated for the largest share of the global laparoscopy device market followed by Europe and Asia-Pacific. Technology advancement and number of companies manufacturing laparoscopic instruments in these regions may help to create demand in the global laparoscopy device market in the forecast period. Availability of skilled surgeons, favourable reimbursement scenario might fuel the growth of global laparoscopy device market in the North-America region. Increasing CE mark approvals in Europe region expected to increases sale of laparoscopy devices in the region. Asia-Pacific region expected to register the fastest growth due to increasing number of endoscopic surgeries because of increasing prevalence of obesity and other chronic disorders. The cost-effective surgical procedures, growing medical tourism, increasing geriatric population, and rise in abdominal disorders in the Asia Pacific region are the key drivers for the development of global laparoscopy device market. Latin America expected to offer great opportunities to global laparoscopic device marketers over the forecast period, due to increasing number of bariatric surgeries and advancement of the healthcare infrastructure.
Some of the players in the laparoscopy devices market are Medtronic (U.S.), Karl Storz GmbH & Co.KG (Germany), Stryker Corporation (U.S.), Olympus Corporation (Japan), B. Braun Aesculap (Germany), Richard Wolf GmbH (Germany), Smith & Nephew PLC (U.K.), Ethicon, Inc. (U.S.), Cook Medical Incorporated (U.S.), and ConMed Corporation (U.S.) to name a few.
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