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Laparoscopic Devices Global Market is Anticipated to Witness a 6.0% GAGR Expansion Between 2019 and 2026

According to the report, the Laparoscopic Devices market is predicted to achieve USD 9,563 million by 2026. This report examines the status quo and projections of the global Laparoscopic Devices market and analyzes the Laparoscopic Devices market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).

Market Summary

Overview:

Laparoscopic devices are used during laparoscopy, a type of minimally invasive surgical procedure used for diagnostic and treatment purposes. Laparoscopy is performed in pelvis or abdomen through small incisions (about 0.5 to 1.5 cm) with the help of a camera. There are two types of the laparoscope: a telescopic rod lens system connected to a video camera, and a digital laparoscope where a digital video camera is placed at the end of the laparoscope without rod lens system. The targeted areas treated through laparoscopy are colon, liver, bile duct, pancreas, and others. The major instruments used during laparoscopic surgery are laparoscope, along with insufflators and energy devices.

The Laparoscopic Devices market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include Ethicon Endo-Surgery, Olympus, Medtronic (Covidien), Stryker, Smith & Nephew, Richard Wolf, Karl Storz, Boston Scientific, Aesculap (B. Braun), Intuitive Surgical, Apollo Endosurgery, Tiansong Medical, Medical Optical, Shenda endoscope, Shikonghou Medical, HAWK, Xinxing Endoscopes, etc.

The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.

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Value:

It is estimated that the total market value of the Laparoscopic Devices global market is poised to reach USD 9,563 million in 2026 from USD 6,360 million in 2019, with a CAGR of 6.0%.

Facilitating and Limiting Factors:

The Laparoscopic Devices market is expected to register substantial growth in the coming years, owing to the rising inclination towards minimally invasive procedures and the advent of technological advancements in energy devices and laparoscopes. In addition, growing geriatric population, as well as increasing prevalence of colorectal cancer and obesity, are also positively influencing the market growth. The key factor which is expected to impede the growth of the Laparoscopic Devices market is the dearth of trained professionals for these procedures. The rise in the number of surgical procedures that involve laparoscopic devices coupled with an increase in government initiatives to improve healthcare facilities will provide new opportunities for the growth of the market.

The global Laparoscopic Devices market is broadly divided based on type, application, and region:

By type – Laparoscope, Insufflator, Energy Device

By application – Bariatric Surgery, Colorectal Surgery, General Surgery

By region – North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others

In 2018, the Laparoscopic Devices global market was mainly concentrated in the three regions of Asia-Pacific, North America, and Europe, with the market share of 37%, 33%, and 20% respectively, accounting for a total of 90%. Thanks to the presence of major vendors, North America accounted for the largest proportion of 38%. Asia-Pacific is anticipated to witness significant growth in the forecast period, owing to the improvement in healthcare facilities, increase in disposable income, and rapidly developing economic conditions in this region. In Europe, a growing population of cancer and increasing research on laparoscopy improvements are expected to drive the growth of the market in this region.

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Table of Content

1 Report Overview

1.1  Product Definition and Scope

1.2  PEST (Political, Economic, Social and Technological) Analysis of Laparoscopic Devices Market

2 Market Trends and Competitive Landscape

3 Segmentation of Laparoscopic Devices Market by Types

4 Segmentation of Laparoscopic Devices Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Laparoscopic Devices Market in Major Countries

7 North America Laparoscopic Devices Landscape Analysis

8 Europe Laparoscopic Devices Landscape Analysis

9 Asia Pacific Laparoscopic Devices Landscape Analysis

10 Latin America, Middle East & Africa Laparoscopic Devices Landscape Analysis

11 Major Players Profile

11.1 Ethicon Endo-Surgery 

11.1.1 Ethicon Endo-Surgery  Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Olympus 

11.3 Medtronic (Covidien) 

11.4 Stryker 

11.5 Smith & Nephew 

11.6 Richard Wolf 

11.7 Karl Storz 

11.8 Boston Scientific 

11.9 Aesculap (B. Braun) 

11.10 Intuitive Surgical 

11.11 Apollo Endosurgery 

11.12 Tiansong Medical 

11.13 Medical Optical 

11.14 Shenda endoscope 

11.15 Shikonghou Medical 

11.16 HAWK 

11.17 Xinxing Endoscopes 

Audience:

  • Laparoscopic Devices manufacturers
  • Laparoscopic Devices importers and exporters
  • Laparoscopic Devices traders, distributors, and suppliers
  • Raw material suppliers of Laparoscopic Devices
  • Laparoscopic Devices industry associations
  • Product managers, Laparoscopic Devices industry administrator, C-level executives of the industries
  • Market Research and consulting firms
  • Healthcare organizations
  • Research & Clinical Laboratories

What Information does this report contain?

  • The report covers the prediction and analysis of the global Laparoscopic Devices market at the global and regional levels.
  • The report includes drivers and constraints that affect market growth.
  • Discussed details about market opportunities
  • The assessments for the regional market layout characteristics in the world.
  • The report includes detailed company profiles for prominent market participants.

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