LAPAROSCOPIC DEVICES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2022 to 2030)

Laparoscopic device is a thin rod with a small camera attached along with a light source to visualize the abdominal and pelvic cavities through small keyhole incisions. Laparoscopy is a minimally-invasive surgical diagnostic procedure used to examine organs inside the abdomen, which is carried out with specialized laparoscopic devices. In laparoscopy surgery, various instruments are used to perform the surgery such as laparoscope, hand access instrument, energy products, trocars/ access device, robot assisted system, insufflation devices, suction/irrigation device, and closure devices. Procedures such as hernia repairs, gastric bypass, bowel resection, and organ removal are routinely carried out laparoscopically. 

Market Dynamics

Increase in the number of product launches by key market players is expected to drive the global laparoscopic devices market growth over the forecast period. For instance, in January 2020, 270Surgical, a medical device company, announced that they had received CE mark for SurroundScope System. SurroundScope System is the first laparoscopic camera system to offer up to 270-degree field-of-view which consists of software, hardware and electro-optic solution that incorporates a multiple of lenses at the distal end of the scope. The expanded field-of-view have considerable suggestions for procedures performed within the disciplines of general surgery, trauma, and thoracic surgery.

Key features of the study:

• This report provides an in-depth analysis of the global laparoscopic devices market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global laparoscopic devices market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study are Olympus Corporation, B. Braun Melsungen AG, Intuitive Surgical Inc., Medtronic plc., Stryker Corporation, Smith & Nephew Plc., CareFusion Corporation, Johnson & Johnson (Ethicon), KARL STORZ GmbH & Co. KG, Richard Wolf GmbH, Endocontrol SA, Gordian Surgical Ltd., 270Surgical, and Tekno-Medical Optik Surgery GmbH.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global laparoscopic devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global laparoscopic devices market

Detailed Segmentation:

• Global Laparoscopic Devices Market, By Product Type:
  • Direct Energy System Devices
  • Trocars/Access Devices
  • Internal Closure Devices
  • Laparoscopes
  • Hand Access Instruments
  • Insufflation Devices
  • Robotic Assisted Surgical System
• Global Laparoscopic Devices Market, By Therapeutic Application:
  • Bariatric Surgery
  • Colorectal Surgery
  • General Surgery
  • Gynecological Surgery
  • Urological Surgery
  • Others (Hematology, etc.)
• Global Laparoscopic Devices Market, By End User:
  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers
• Global Laparoscopic Devices Market, By Region:
  • North America
    • By Country
      • U.S.
      • Canada
  • Latin America
    • By Country
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
  • Middle East
    • By Country
      • GCC
      • Israel
      • Rest of Middle East
  • Africa
    • By Region/Country
      • South Africa
      • Central Africa
      • North Africa
• Company Profiles
  • Olympus Corporation*
    • Company Highlights
    • Products Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • B.Braun Melsungen AG
  • Intuitive Surgical Inc.
  • Medtronic plc.
  • Stryker Corporation
  • Smith & Nephew Plc.
  • CareFusion Corporation
  • Johnson & Johnson (Ethicon)
  • KARL STORZ GmbH & Co. KG
  • Richard Wolf GmbH
  • Endocontrol SA
  • Gordian Surgical Ltd.
  • 270Surgical
  • Tekno-Medical Optik Surgery GmbH

 “*” marked represents similar segmentation in other categories in the respective section.