The global laparoscopic devices market size is anticipated to reach USD 9.92 billion by 2026 expanding at a CAGR of 6.6%, according to a new report by Grand View Research, Inc. Increasing number of bariatric surgeries being performed and adoption of minimally invasive procedures are anticipated to boost the market growth.
According
to the American Society for Metabolic and Bariatric Surgery (ASMBS), bariatric
surgery is performed when a patient is suffering from obesity and they are not
able to lose weight. Thus, growing cases of obesity is contributing to the
market growth. Increasing preference by surgeons for laparoscopic surgery owing
to the benefits, such as small incisions, less healing time, and short hospital
stay, is also driving the market.
Technological
advancements are further expected to propel market growth. For instance,
Medtronic’s LigaSure device is designed to deliver a specific combination of
energy and pressure to create consistent seal within its applications. It
provides unique combination of energy and pressure to create vessel fusion.
Stryker laparoscopes had a combination of high-quality sapphires and rod lens
technology used for superior transformation and excellent recognition to
maximize image quality during surgical procedures.
Full Research Report On Laparoscopic Devices Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/laparoscopic-devices-market
Laparoscopic
Devices Market Report Highlights
- Energy systems led the
market in 2018 due to the favorable reimbursement policies and new product
launches, such as Olympus Corporation launched THUNDERBEAT, which is safe
and versatile
- Bariatric surgery is
projected to be the fastest-growing application segment owing to
increasing cases of obesity. Moreover, these surgeries offer painless
weight reduction and require shorter hospital stay
- North America was the
dominant regional market in 2018 owing to higher adoption of minimally
invasive surgeries and increased incidence of gallstones
- Key companies in the
laparoscopic devices market are Medtronic PLC; Karl Storz GmbH; Stryker
Corp.; Johnson and Johnson Services, Inc.; CONMED Corp.; and Olympus Corp.
These companies focus on new product launch and M&A to gain
competitive advantage
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Laparoscopic
Devices Market Segmentation
Grand View Research has segmented
the global laparoscopic devices market on the basis of product, application,
and region:
Laparoscopic
Devices Product Outlook (Revenue, USD Million, 2015 - 2026)
- Trocars
- Energy Systems
- Closure Devices
- Suction/Irrigation Devices
- Insufflation Devices
- Laparoscopes
- Hand Access Instruments
- Robot Assisted Systems
Laparoscopic
Devices Application Outlook (Revenue, USD Million, 2015 - 2026)
- Bariatric Surgery
- Colorectal Surgery
- General Surgery
- Gynecological Surgery
- Urological Surgery
- Others
Laparoscopic
Devices Regional Outlook (Revenue, USD Million, 2015 - 2026)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Singapore
- Latin America
- Mexico
- Brazil
- Argentina
- Columbia
- Middle East & Africa
(MEA)
- South Africa
- Saudi Arabia
- UAE
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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