Global Laparoscopy Devices Market By Overview
Introduction:
Laparoscopy Devices Market was valued at US$ 13.8 Billion in 2024 and is projected to grow at a CAGR of 12.60% to reach US$ 40.5 Billion by 2034.
Laparoscopic devices are used in minimally invasive surgery, as the laparoscopic devices are precise and also offer better visualization during the surgery. The demand for laparoscopic devices is increasing with the demand of minimally invasive surgeries. The laparoscopic device is used to examine mostly the organs inside the abdomen. There are various types of instruments required for laparoscopy process, which include laparoscope, hand access instrument, energy products, trocars, robot assisted system, insufflation devices, suction and closure devices. The product launches with advanced technology also favors the growth of laparoscopic devices. For instance, in August 2017, Ethicon launches ProxiSure suturing device designed to improve the precision in minimally invasive surgery. The suturing device features Ethicon end mechanical, suture and curved needle technologies.
Global Laparoscopy Devices Market By Dynamics
Increasing prevalence of obesity
The increasing prevalence of obesity, hernia and other abdominal disorder fosters the laparoscopic devices market. For instance, as per World Health Organization report (WHO) 2014, around 600 million people were obese worldwide. Furthermore, According to the data published in Journal of the Royal Society of Medicine in 2011, per year approximately 700,000 hernia repairs were carried out in the U.S. and over 100,000 in the U.K.
In Asia Pacific, according to Asia Pacific Hernia Society, hernia repair is the most common laparoscopic surgical procedure performed, mostly in India and China.
Manufacturers are also investing in collaboration
Moreover, the manufactures are also investing in collaboration with hospitals and research to foster the laparoscopic devices market. For instance, in 2014, the companies based in U.K. and China collaborated and signed US$ 30Bn with the research facilities and hospitals for training the healthcare professionals from Beijing, Nanjing, Shanghai, and Shenzhen, as a training plan of Chinese government, which is expected to foster the laparoscopic devices market in the near future.
Robot assisted system
Furthermore, the robot assisted system also favors the growth of laparoscopic device market, with increasing regulatory approvals for surgical robots. For instance, For instance, MEDTECH, a company based in France received a Food and Drug Administration clearance in 2016, to introduce its ROSA Spine system for performing minimally invasive procedures on the spine, which supports the growth of surgical robots market in near future.
Global Laparoscopy Devices Market By Segmentation
Global laparoscopy devices market is segmented on the basis of product type, application, end user, and region.
On the basis of product type, the market is segmented into laparoscope, hand access instrument, energy products, trocars/access device, robot assisted device, insufflation devices, closure devices. The application is segmented into bariatric surgery, colorectal surgery, general surgery, gynecological surgery, and urological surgery. Further, the end user is segmented into hospitals, ambulatory surgical centers, clinics.
Regional Insights:
For detailed understanding of market dynamics, On the basis of region, the target market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The global laparoscopy devices market in North America accounted for highest revenue share as compared to other region. This can be attributed to technological advancements and high healthcare expenditure in the countries of the region. Also, the market in Europe is expected to account for second-highest revenue share in the global laparoscopy devices market, followed by the market in Asia Pacific.
|
Attribute |
Details |
|
Base year for estimation |
2023 |
|
Forecast period |
2024 – 2034 |
|
Market representation |
Revenue in USD Million & CAGR from 2024 – 2034 |
|
Market Segmentation |
By Product Type: Laparoscope, Hand Access Instrument, Energy products, Trocars/Access Device, Robot Assisted system, Insufflation Devices, Suction/ Irrigation device, and Closure Device By Application: Bariatric Surgery, Colorectal Surgery, General Surgery, Gynecological Surgery, and Urological Surgery By End-User: Hospital, Ambulatory Surgical Centers, and Clinics |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Detailed Segmentation:
Laparoscopic Devices Market, By Product Type:
- Laparoscope
- Hand Access Instrument
- Energy products
- Trocars/Access Device
- Robot Assisted system
- Insufflation Devices
- Suction/ Irrigation device
- Closure Devices
Laparoscopic Devices Market, By Application:
- Bariatric Surgery
- Colorectal Surgery
- General Surgery
- Gynecological Surgery
- Urological Surgery
Laparoscopic Devices Market, By End User:
- Hospital
- Ambulatory Surgical Centers
- Clinics
Laparoscopic Devices Market, By Region:
o North America
- North America Laparoscopic Devices Market, By Product Type
- North America Laparoscopic Devices Market, By Application
- North America Laparoscopic Devices Market, By End User
- North America Laparoscopic Devices Market, By Country
- U.S.
- Canada
o Europe
- Europe Laparoscopic Devices Market, By Product Type
- Europe Laparoscopic Devices Market, By Application
- Europe Laparoscopic Devices Market, By End User
- Europe Laparoscopic Devices Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Switzerland
- Sweden
- Rest of Europe
o Asia-Pacific
- Asia-Pacific Laparoscopic Devices Market, By Product Type
- Asia-Pacific Laparoscopic Devices Market, By Application
- Asia-Pacific Laparoscopic Devices Market, By End User
- Asia-Pacific Laparoscopic Devices Market, By Country
- China
- India
- Australia & New Zealand
- Japan
- South Korea
- Rest of Asia Pacific
o Latin America
- Latin America Laparoscopic Devices Market, By Product Type
- Latin America Laparoscopic Devices Market, By Application
- Latin America Laparoscopic Devices Market, By End User
- Latin America Laparoscopic Devices Market, By Country
- Brazil
- Mexico
- Argentina and Chile
- Rest of Latin America
o Middle East
- Middle East Laparoscopic Devices Market, By Product Type
- Middle East Laparoscopic Devices Market, By Application
- Middle East Laparoscopic Devices Market, By End User
- Middle East Laparoscopic Devices Market, By Country
- GCC
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East
o Africa
- Africa Laparoscopic Devices Market, By Product Type
- Africa Laparoscopic Devices Market, By Application
- Africa Laparoscopic Devices Market, By End User
- Africa Laparoscopic Devices Market, By Country
- North Africa
- Central Africa
- South Africa
Global Laparoscopy Devices Market By Key Players
The Key players operating in the global laparoscopy devices include Stryker Corporation, Johnson & Johnson, Karl Storz GmbH & Co.KG, Boston Scientific Corporation, Medtronic plc., Richard Wolf GmbH, ConMed Corporation, B. Braun Melsungen AG, and Smith & Nephew PLC.
Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market.
Global Laparoscopy Devices Market By Company Profile
- Stryker Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- Johnson & Johnson
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- Karl Storz GmbH & Co.KG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- Boston Scientific Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- Medtronic plc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- Olympus Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- Richard Wolf GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- ConMed Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- B. Braun Melsungen AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- Smith & Nephew PLC.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
Global Laparoscopy Devices Market By Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Laparoscopy Devices Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By End-User
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Laparoscopy Devices Market, By Product Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Laparoscope
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Hand Access Instrument
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Energy Products
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Trocars/Access Device
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Robot Assisted System
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Insufflation Devices
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Suction/Irrigation Devices
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Closure Device
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Laparoscopy Devices Market, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Bariatric Surgery
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Colorectal Surgery
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- General Surgeries
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Gynecological Surgery
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Urological Surgeries
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Laparoscopy Devices Market, By End-User, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Hospital
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Ambulatory Surgical Centers
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Clinics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Laparoscopy Devices Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Stryker Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- Johnson & Johnson
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- Karl Storz GmbH & Co.KG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- Boston Scientific Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- Medtronic plc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- Olympus Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- Richard Wolf GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- ConMed Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- B. Braun Melsungen AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
- Smith & Nephew PLC.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy Overview
The Last Word
-
- Future Impact
- About Us
- Contact
FAQs
Global laparoscopy devices market is segmented on the basis of product type, application, end user, and region.
The increasing prevalence of obesity, hernia and other abdominal disorder fosters the laparoscopic devices market.
Global laparoscopy devices market in North America accounted for highest revenue share as compared to other region
The Key players operating in the global laparoscopy devices include Stryker Corporation, Johnson & Johnson, Karl Storz GmbH & Co.KG, Boston Scientific Corporation, Medtronic plc., Richard Wolf GmbH, ConMed Corporation, B. Braun Melsungen AG, and Smith & Nephew PLC.