LAPAROSCOPIC DEVICES MARKET ANALYSIS

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), by Therapeutic Application (Bariatric Surgery, Colorectal Surgery, General Surgery, Gynecological Surgery, Urological Surgery, Others (Hematology, etc.)), by End User (Hospitals, Specialty Clinics, and Ambulatory Surgical Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Oct 2022
Code : CMI580
Pages :190
Formats :
Excel and PDF
Industry : Medical Devices

Market Challenges And Opportunities

Global Laparoscopic Devices Market – Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe, and the World Health Organization declared it a public health emergency on January 30, 2020.

COVID-19 can affect the economy in three main ways: by directly affecting the production and demand for drugs, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries such as China, India, Saudi Arabia, the U.A.E., Egypt, and others are facing problems with regard to the transportation of drugs from one place to another.

The COVID-19 pandemic also had a negative impact on the global laparoscopic devices market, due to delayed and cancelled surgeries along with safety and ethical issues.

For instance, in September 2020, according to the data published by the National Center for Biotechnology Information, COVID-19 disrupted laparoscopic surgeries in suspects and infected patients. The laparoscopic smoke composition is harmful and the exposure of this smoke in the operating rooms lead to infection. Laparoscopic procedures have a theoretical risk of generating aerosols particularly during maintenance and evacuation of a pneumoperitoneum, CO2 leakage or changing instruments and while using energy devices due to smoke generation.

Global Laparoscopic Devices Market: Restraint

The major factors that hinder the global laparoscopic devices market growth include the increasing number of product recalls by regulatory authorities such as the Government of Canada. For instance, in April 2022, the Government of Canada recalled the universal plus laparoscopic electrode a class II device, manufactured by CONMED, a medical technology company. The reason behind the product recall was the tip of the universal plus laparoscopic electrode could detach during use.