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Laproscopy Devices Market: COVID-19 Impact and Global Analysis Forecast to 2028

Published Date: May 2021

No. of Pages: 205

Status: Upcoming

Report Code: EMR100009

Laparoscopic surgery is a surgical technique in which operations are performed at a distance through small incisions. The surgical procedure is performed with the assistance of a video camera and several instruments known as laparoscopic devices. The camera provides an image of the organs inside the body onto a screen or a monitor from where the surgeon, is able to visualize the inside organs which are been operated. Thus during a laparoscopic surgery, the surgeon performs in a 3D plane whereas visualizes the procedure on a 2D screen. Due to smaller incision made during laparoscopic surgeries, these surgeries have numerous advantages such as lower pain and less blood loss due to smaller incisions and faster postoperative recovery. The main instruments used during laparoscopic surgery are laparoscope, along with Insufflators and Energy Devices. It includes suturing devices, ligation devices, staplers etc. used during these surgeries. Laparoscopic instruments market comprises of the many such instruments used by laparoscopic surgeons during minimally invasive surgeries such a bariatric surgery, colorectal and gynecological surgeries.

DRO: The laparoscopic devices market is driven by the growth in prevalence of morbid obesity that leads to the increased demand for bariatric surgery, such as gastric bypass, sleeve gastrectomy, and gastric banding through laparoscopy. In addition, surge in healthcare expenditure by emerging Asian-Pacific countries, such as India, China, and others, is expected to create new opportunities for market expansion. However, lack of skilled professionals for laparoscopic procedures and post-operative risks associated with laparoscopy restrict the market growth.

The primary factor for the growth of global laparoscopic instruments market is the increasing number of hospital admissions attributed to increasing number of bariatric surgeries such as gastric bypass, adjustable gastric band etc. owing to increasing prevalence of obesity and more inclination of the people to opt for bariatric surgeries for aesthetic appeal. Secondly growing healthcare expenditure and the introduction of advanced technologies in minimally invasive surgeries, growing insurance coverage and inclination of the surgeons to prescribe minimally invasive surgeries to the patients due to early post-operative recovery and lower post-operative complications also drives the market growth for laparoscopic instruments over the forecast period. However high cost of minimally invasive surgeries and lack of laparoscopic surgeons are the factors expected to restrain the revenue growth of laparoscopic instruments market over the forecast period.

The global laproscopy device market can be segmented by Product Type, Application, Bariatric Surgery, End-User and geography. Based on product type, global market can be divided into Laparoscopes, Energy Devices, Insufflators, Robot-Assisted Surgery Systems, Suction or Irrigation Systems, Closure Devices, Hand Instruments, Access Devices, Accessories, Others. By Application, global market can be segmented into General Surgery, Cholecystectomies, Hernia Repairs, Appendectomies, Anti-Reflux Surgeries and Others. Based on bariatric surgery, global market can be divided into Gastric Bypass, Sleeve Gastrectomy, Gastric Banding, Gynecological Surgery, Urological Surgery, Colorectal Surgery and Others. By End-User, the global market can be bifurcated into Hospitals, Clinics and Others. By geography, the market can be divided into North America, Europe, Asia-Pacific and LAMEA.
SEGMENTATION: KEY PLAYERS: Boston Scientific Corporation, Stryker Corporation, Ethicon, Inc. Smith & Nephew PLC, Cook Medical Incorporated, Intuitive Surgical, Inc., Apollo Endosurgery, Inc., Olympus America etc.

The global laproscopy device market can be segmented

By Product Type:
• Laparoscopes
• Energy Devices
• Insufflators
• Robot-Assisted Surgery Systems
• Suction or Irrigation Systems
• Closure Devices
• Hand Instruments
• Access Devices
• Accessories
• Others

By Application:
• General Surgery
• Cholecystectomies
• Hernia Repairs
• Appendectomies
• Anti-Reflux Surgeries
• Others

By Bariatric Surgery:
• Gastric Bypass
• Sleeve Gastrectomy
• Gastric Banding
• Gynecological Surgery
• Urological Surgery
• Colorectal Surgery
• Others

By End-User:
• Hospitals
• Clinics
• Others

By Region:
• North America
• Europe
• Asia-Pacific

The Leading Key Players in Laproscopy Devices Market

Boston Scientific Corporation
Stryker Corporation
Ethicon Inc.
Smith & Nephew PLC
Cook Medical Incorporated
Intuitive Surgical Inc.
Apollo Endosurgery Inc.
Olympus America etc.