The Laparoscopic Instruments Market crossed US$ 12.88 billion mark in 2022 and is expected to hit US$ 30.20 billion by 2030, recording a CAGR of 11.2% during the forecast period.
Minimally invasive medical procedures have been performed widely in recent years as the demand has been increasing due to their advantages over conventional open surgery procedures. Since the incisions are small, the patient recovers faster, with less discomfort. Some of the benefits of a minimally invasive procedure include a few small cuts, less trauma to the muscles, nerves and tissues, less bleeding & scarring, less tissue injury, less trauma to organs, less pain, faster oral intake and less hospital stay. The application areas of these surgeries are also growing due to the increasing use of technologically advanced products and techniques, especially for the treatment of cancer and peripheral artery disease (PAD). The Laparoscopic Instruments Market research report by Business Market Insights includes Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2022 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the Laparoscopic Instruments market growth.
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Companies Profiled in this report includes:
- Ethicon Inc.(JnJ)
- Apollo Endosurgery
- Boston Scientific Corporation
- Medtronic
- Intuitive Surgical
- Olympus Corporation
- Smith & Nephew Inc.
- CONMED Corporation
- Stryker Corporation
- Cook Medical Inc.
Recent strategic developments in the Laparoscopic Instruments market
The Laparoscopic Instruments Market has undergone several significant developments, and a few of these have been mentioned below:
- In September 2021, Olympus Corporation has announced the launch of the first devices in the new Powerseal family of advanced bipolar surgical energy products. The Powerseal 5mm Curved Jaw Tissue Sealer and Divider is an advanced bipolar surgical energy device delivers consistent sealing reliability in an ergonomic, multifunctional design that promotes procedural efficiency.
- In May 2021, EndoMed Systems GmbH represented at Africa Health in Johannesburg this year. From this participation, company hope to have a lively exchange with existing and potential distributors and end users of medical devices. Company use this forum to form collaborations and synergies in order to establish and expand the EndoMed brand on the promising African continent.
Target audience for the report:
- Raw material providers
- Healthcare organizations, forums, and alliances
- Associations related to laparoscopic instruments and surgery
- Government bodies, such as regulating authorities and policy makers
- Venture capitalists, private equity firms, and start-up companies
- Distributors and sales firms
- End users of devices
- Research institutes, organizations, and consulting companies
Scope of the report:
In this report, the market has been segmented based on:
- Product:
- Laparoscope
- Insufflator
- Energy Device
- Laparoscopic Accessories
- Others
- Application:
- General Surgery
- Gynecological Surgery
- Bariatric Surgery
- Colorectal Surgery
- Urological Surgery
- Pediatric Surgery
- Others
- End User:
- Hospitals
- Ambulatory Surgical Centers
- Others
- Region
- North America
- Europe
- Asia Pacific (APAC)
- South & Central America
- Middle East & Africa
The report offers in-depth assessment of the growth and other aspects of the Laparoscopic Instruments market in important regions. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.
Laparoscopic Instruments Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2022 to 2030.
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Major Key Points of Laparoscopic Instruments Market
- Laparoscopic Instruments Market Overview
- Laparoscopic Instruments Market Competition
- Laparoscopic Instruments Market, Revenue and Price Trend
- Laparoscopic Instruments Market Analysis by Application
- Company Profiles and Key Figures in Laparoscopic Instruments Market
- Market Dynamics
- Methodology and Data Source
Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well-informed decision. Competitive landscape Laparoscopic Instruments market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.
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