Laparoscopy Devices Market
Opportunities and Forecasts, 2014- 2022
Laproscopy Devices Market: Future and Growth • The global market was valued at $9,350 million in 2015 and is expected to garner $14,046 million by 2022 • Registering a cagr of 5.8% during the forecast period 2016 – 2022 • The energy devices segment accounted for more than onefourth of the global market in 2015 • The robot-assisted surgical system is anticipated to grow at the highest CAGR • Bariatric surgery application accounts for about one-fifth of the total share in 2015, driven by the growth in number of surgeries
Laproscopy Devices Market: Factors Contributing to Market Growth • Rise in the number of obese population • Growth in laparoscopic-based bariatric surgeries for weight reduction • Increase in technological advancements • Acceptance for robotic-based surgery • Increase in healthcare infrastructural development and sizeable population
Laproscopy Devices Market: Key Factors • Robot-assisted surgical system is anticipated to grow at the highest growth rate during the forecast period. • Bariatric surgery segment is expected to grow at a rapid rate, registering a CAGR of 7.0%.
• North America dominated the global laparoscopic market, accounting for maximum share of overall market in 2015 • Asia-Pacific is exhibited to grow at a high rate of 6.8%, supported by growth in India and China, due to strong demand for laparoscopic procedures. • Cholecystectomies accounted for the highest share in the general surgery segment in 2015, and is expected to maintain its dominance. • Hospitals was the highest revenue-generating end user segment in 2015, accounting for about half of the total share, and is expected to continue its dominance in future as well.
Laproscopy Devices Market Segmentation
By Product • • • • • • • • •
Laparoscopes Energy Devices Insufflators Robot-Assisted Surgery Systems Suction or Irrigation Systems Closure Devices Hand Instruments Access Devices Accessories
By Application • General Surgery • Bariatric Surgery • Gynecological Surgery • Urological Surgery • Colorectal Surgery
By End User • Hospitals • Clinics
Laproscopy Devices Market Segmentation Geographically, the market is segmented as: • Asia-Pacific has witnessed highest growth rate for laparoscopy devices • North America dominated the global laparoscopic market • The other regions generating revenue in the market are Europe and LAMEA (Latin America, Middle East, Africa
Laproscopy Devices Market: Key Players • • • • • • • • • •
Johnson & Johnson (Ethicon, Inc.) Karl Storz GmbH & Co.KG Boston Scientific Corporation Medtronic PLC. (Covidien) Olympus Corporation Richard Wolf GmbH ConMed Corporation B. Braun Melsungen AG (Aesculap, Inc.) Smith & Nephew PLC. Stryker Corporation
Summary: The rise in preference for minimal invasive surgeries (MIS) over open surgeries has fueled the demand for laparoscopic procedures. In addition, technologically advanced laparoscopy devices supplement the market growth.
To know more about the Laproscopy Devices Market, visit: https://www.alliedmarketresearch.com/laparoscopy-devices-market
Follow us on: