Report Overview

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

Global Laparoscopy Devices Market Outlook

The global laparoscopy devices market stood at a value of around USD 15.20 billion in 2023. The laparoscopy devices market is further anticipated to reach USD 25.92 billion by 2032, recording a CAGR of 6.1% during the forecast period of 2024-2032.

Laparoscopy Devices Market

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Laparoscopy is a minimally invasive surgical method carried out through keyhole incision, specifically used for abdominal organs. With the rapid technological advances and the development of laparoscopes and energy devices used during surgical procedures, the demand for laparoscopy instruments has risen considerably in the past few years.

Market Segmentation

Laparoscopy, also known as peritoneoscopy, is a procedure that allows visual examination of the abdominal cavity with an optical instrument called a laparoscope inserted through a tiny incision in the abdominal wall. The areas intended for laparoscopy treatment include bile duct, colon, liver, pancreas, and others. The global laparoscopy devices industry can be divided on the basis of segments like products and applications.

Laparoscopy Devices Market By Segments

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The laparoscopy devices market, on the basis of laparoscopy-products, is divided into laparoscopes, energy devices, insufflators, robot-assisted surgical systems, suction or irrigation systems, closure devices, hand instruments, access devices, and accessories, among others.

The laparoscopy devices market can be broadly categorised based on its application into:

  • General Surgery
    • Cholecystectomies
    • Hernia Repairs
    • Appendectomies
    • Antireflux Surgeries
    • Other 
  • Bariatric Surgery
    • Gastric Bypass
    • Sleeve Gastrectomies
    • Gastric Banding
    • Other
  • Gynaecological Surgery 
  • Urological Surgery
  • Colorectal Surgery

The EMR report looks into the regional laparoscopy devices markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

Market Analysis

The global laparoscopy devices market is driven by the growing incidences of morbid obesity that is leading to an increased demand for bariatric surgery, such as gastric bypass, sleeve gastrectomy, and laparoscopic gastric banding. In addition, within the Asia-Pacific region, emerging nations such as India, China, and others, are anticipated to invest more in the healthcare sector, thus, generating new growth opportunities for the market expansion. However, the absence of qualified experts for laparoscopic processes and laparoscopic-related post-operative hazards may hamper the laparoscopy devices market growth in the future.

Laparoscopy Devices Market By Region

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global laparoscopy devices market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Conmed Corporation (NASDAQ: CNMD) 
  • Johnson & Johnson Services, Inc. 
  • Boston Scientific Corporation 
  • Olympus Corporation
  • Stryker Corporation
  • Smith & Nephew Plc. 
  • KARL STORZ SE & Co. KG
  • B. Braun Melsungen AG
  • Medtronic plc
  • Richard Wolf GmbH
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • Region
Breakup by Product
  • Laparoscopes
  • Energy Devices
  • Insufflators
  • Robot-Assisted Surgical Systems
  • Suction or Irrigation Systems
  • Closure Devices
  • Hand Instruments
  • Access Devices
  • Accessories
  • Others
Breakup by Application
  • General Surgery
  • Bariatric Surgery
  • Gynaecological Surgery
  • Urological Surgery
  • Colorectal Surgery
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Conmed Corporation (NASDAQ: CNMD)
  • Johnson & Johnson Services, Inc. (NYSE: JNJ)
  • Boston Scientific Corporation (BSC) (NYSE: BSX)
  • Olympus Corporation (TYO: 7733)
  • Stryker Corporation (NYSE: SYK)
  • Smith & Nephew PLC (LON: SN)
  • KARL STORZ SE & Co. KG
  • B. Braun Melsungen AG
  • Medtronic plc
  • Richard Wolf GmbH
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

Laparoscopy Devices Market Report Snapshots

Laparoscopy Devices Market Size

Laparoscopy Devices Market Analysis

Laparoscopy Devices Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global laparoscopy devices market attained a value of nearly USD 15.20 billion.

The market is projected to grow at a CAGR of 6.1% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 25.92 billion by 2032.

The major drivers of the market, such as the growing incidences of morbid obesity, increasing investments, rising disposable incomes, increasing population, and the increasing demand from the emerging nations, are expected to aid the market growth.

The key trends guiding the growth of the market include rapid technological advances, development of laparoscopes and energy devices used during surgical procedures, and the rising demand for laparoscopy instruments.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Laparoscopes, energy devices, insufflators, robot-assisted surgical systems, suction or irrigation systems, closure devices, hand instruments, access devices, and accessories, among others, are the major laparoscopy products in the market.

General surgery, bariatric surgery, gynaecological surgery, urological surgery, and colorectal surgery are the significant applications of the product.

The major players in the market are Conmed Corporation (NASDAQ: CNMD), Johnson & Johnson Services, Inc. (NYSE: JNJ), Boston Scientific Corporation (NYSE: BSX), Olympus Corporation (TYO: 7733), B. Braun Melsungen AG, Smith & Nephew PLC. (LON: SN), Stryker Corporation (NYSE: SYK), Medtronic plc, Richard Wolf GmbH, and KARL STORZ SE & Co. KG, among others.

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