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Laparoscopy Instruments Market

Publisher Fortune Business Insights Pvt. Ltd.
Published Oct 01, 2024
Length 150 Pages
SKU # FOB19224155

Description

Laparoscopy Instruments Market



Growth Factors of Laparoscopy Instruments Market

The laparoscopy instruments market size was valued at USD 15.24 billion in 2023, and the market is now projected to grow from USD 16.48 billion in 2024 to USD 30.71 billion by 2032, exhibiting a CAGR of 7.9% during the forecast period of 2023-2032.

Due to the covid pandemic many companies shut down their prediction units and projects due to hindered travel acquisitions which ultimately created a decline in the laparoscopy instruments market growth. Lack of staff and decline in orthopedic surgeries led the market growth reduction as the covid virus patients were prioritized over the surgeries. Therefore, operational procedures, orthopedic surgeries were put on hold due to covid pandemic which led a decline in market growth. Importance of routine checkups gaining preference among general population resulting in greater use of laparoscopy instruments market growth. Manufacturers and market players are using advanced technologies to control laparoscopy instruments and other health issues hence boosting market growth.

Increasing laparoscopic procedure utilization to raise instrument needs. Surgeons are making minor incisions on the body to introduce laparoscopes, utilized for diagnosis and treatment of specific medical disorders promoting market growth during forecast period. The demand for laparoscopic operations has been driven by people's growing preference for less intrusive surgical procedures.

To make the market spur, switch from open surgery to laparoscopic surgery for colorectal conditions create an opportunity for market trend. Furthermore, the market is expanding due to factors including the growing prevalence of different medical disorders needing surgery and the rise in laparoscopic surgeries. Moreover, during the projected period, the introduction of new technologies by industry participants that have the ability to do away with present difficulties during laparoscopic procedures is anticipated to drive market expansion.

Comprehensive Analysis of Laparoscopy Instruments Market

The laparoscopy instruments market and technology industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the technology benefit management industry. These segmentations are methodically segregated by types, by usage, by application, and by end users. The types segmentation includes, {Energy Devices (Generators, Vessel Sealers, and Others), Closure Devices, Smoke Evacuation Systems, (Staplers, Sutures, and Others), Handheld Instruments, Insufflation Devices, Suction/Irrigation Devices, Trocars, and Accessories}, By Usage segmentation includes Reusable and Disposable, while by Application segmentation includes General Surgery, Gynecology, Urology, and Others. However, the end users segmentation includes Hospitals & ASCs and Specialty Clinics and others.

The North America region lead the laparoscopy instruments market by benefitting a market size of USD 7.76 billion in 2023 owing to rising quantity of surgical operations and adoption of laparoscopic equipment is a result of the laparoscopic surgical approach's growing popularity among patients and healthcare professionals.

The top players in the market play a crucial role in the technology industry assuring industrial prospectus growth and setting market standards. These players include, Microline Surgical (U.S.), KARL STORZ SE & Co. KG (Germany), BD (U.S.), Medtronic (Ireland), CONMED Corporation (U.S.), Olympus Corporation (Japan), Erbe Elektromedizin GmbH (Germany), Stryker (U.S.), ETHICON (Johnson & Johnson Services, Inc.) (U.S.), LIVSMED, INC. (South Korea) these market players provide a level-playing competitive landscape.

In November 2023, Microline Surgical increased the range of products it offered for laparoscopic procedures by purchasing some of RETRACTION Limited's laparoscopic equipment assets.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 7.9% from 2024-2032

Unit Value (USD billion)

Segmentation By Type
  • Energy Devices
  • Generators
  • Vessel Sealers
  • Others
  • Smoke Evacuation Systems
  • Closure Devices
  • Staplers
  • Sutures
  • Others
  • Insufflation Devices
  • Suction/Irrigation Devices
  • Handheld Instruments
  • Trocars
  • Accessories
By Usage
  • Reusable
  • Disposable
By Application
  • General Surgery
  • Urology
  • Gynecology
  • Others
By End-user
  • Hospitals & ASCs
  • Specialty Clinics and Others
By Region
  • North America (By Type, By Usage, By Application, By End-user, By Country)
  • U.S.
  • Canada
  • Europe (By Type, By Usage, By Application, By End-user, By Country/sub-region)
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Scandinavia
  • Rest of Europe
  • Asia Pacific (By Type, By Usage, By Application, By End-user, By Country/sub-region)
  • China
  • Japan
  • India
  • Australia
  • Southeast Asia
  • Rest of Asia Pacific
  • Rest of the World (By Type, By Usage, By Application, By End-user)


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Table of Contents

150 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Key Insights
4.1. Number of Laparoscopic Surgeries Performed, By Key Countries – 2022/2023
4.2. New Product Launches, By Key Players
4.3. Key Industry Developments (Mergers, Acquisitions, and Partnerships)
4.4. Impact of COVID-19 on the Market
5. Global Laparoscopy Instruments Market Analysis, Insights and Forecast, 2019-2032
5.1. Market Analysis, Insights and Forecast – By Type
5.1.1. Energy Devices
5.1.1.1. Generators
5.1.1.2. Vessel Sealers
5.1.1.3. Others
5.1.2. Smoke Evacuation Systems
5.1.3. Closure Devices
5.1.3.1. Staplers
5.1.3.2. Sutures
5.1.3.3. Others
5.1.4. Insufflation Devices
5.1.5. Suction/ Irrigation Devices
5.1.6. Handheld Instruments
5.1.7. Trocars
5.1.8. Accessories
5.2. Market Analysis, Insights and Forecast – By Usage
5.2.1. Reusable
5.2.2. Disposable
5.3. Market Analysis, Insights and Forecast – By Application
5.3.1. General Surgery
5.3.2. Urology
5.3.3. Gynecology
5.3.4. Others
5.4. Market Analysis, Insights and Forecast – By End-user
5.4.1. Hospitals & ASCs
5.4.2. Specialty Clinics and Others
5.5. Market Analysis, Insights and Forecast – By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia Pacific
5.5.4. Rest of the World
6. North America Laparoscopy Instruments Market Analysis, Insights and Forecast, 2019-2032
6.1. Market Analysis, Insights and Forecast – By Type
6.1.1. Energy Devices
6.1.1.1. Generators
6.1.1.2. Vessel Sealers
6.1.1.3. Others
6.1.2. Smoke Evacuation Systems
6.1.3. Closure Devices
6.1.3.1. Staplers
6.1.3.2. Sutures
6.1.3.3. Others
6.1.4. Insufflation Devices
6.1.5. Suction/ Irrigation Devices
6.1.6. Handheld Instruments
6.1.7. Trocars
6.1.8. Accessories
6.2. Market Analysis, Insights and Forecast – By Usage
6.2.1. Reusable
6.2.2. Disposable
6.3. Market Analysis, Insights and Forecast – By Application
6.3.1. General Surgery
6.3.2. Urology
6.3.3. Gynecology
6.3.4. Others
6.4. Market Analysis, Insights and Forecast – By End-user
6.4.1. Hospitals & ASCs
6.4.2. Specialty Clinics and Others
6.5. Market Analysis, Insights and Forecast – By Country
6.5.1. U.S.
6.5.2. Canada
7. Europe Laparoscopy Instruments Market Analysis, Insights and Forecast, 2019-2032
7.1. Market Analysis, Insights and Forecast – By Type
7.1.1. Energy Devices
7.1.1.1. Generators
7.1.1.2. Vessel Sealers
7.1.1.3. Others
7.1.2. Smoke Evacuation Systems
7.1.3. Closure Devices
7.1.3.1. Staplers
7.1.3.2. Sutures
7.1.3.3. Others
7.1.4. Insufflation Devices
7.1.5. Suction/ Irrigation Devices
7.1.6. Handheld Instruments
7.1.7. Trocars
7.1.8. Accessories
7.2. Market Analysis, Insights and Forecast – By Usage
7.2.1. Reusable
7.2.2. Disposable
7.3. Market Analysis, Insights and Forecast – By Application
7.3.1. General Surgery
7.3.2. Urology
7.3.3. Gynecology
7.3.4. Others
7.4. Market Analysis, Insights and Forecast – By End-user
7.4.1. Hospitals & ASCs
7.4.2. Specialty Clinics and Others
7.5. Market Analysis, Insights and Forecast – By Country/Sub-region
7.5.1. U.K.
7.5.2. Germany
7.5.3. France
7.5.4. Spain
7.5.5. Italy
7.5.6. Scandinavia
7.5.7. Rest of Europe
8. Asia Pacific Laparoscopy Instruments Market Analysis, Insights and Forecast, 2019-2032
8.1. Market Analysis, Insights and Forecast – By Type
8.1.1. Energy Devices
8.1.1.1. Generators
8.1.1.2. Vessel Sealers
8.1.1.3. Others
8.1.2. Smoke Evacuation Systems
8.1.3. Closure Devices
8.1.3.1. Staplers
8.1.3.2. Sutures
8.1.3.3. Others
8.1.4. Insufflation Devices
8.1.5. Suction/ Irrigation Devices
8.1.6. Handheld Instruments
8.1.7. Trocars
8.1.8. Accessories
8.2. Market Analysis, Insights and Forecast – By Usage
8.2.1. Reusable
8.2.2. Disposable
8.3. Market Analysis, Insights and Forecast – By Application
8.3.1. General Surgery
8.3.2. Urology
8.3.3. Gynecology
8.3.4. Others
8.4. Market Analysis, Insights and Forecast – By End-user
8.4.1. Hospitals & ASCs
8.4.2. Specialty Clinics and Others
8.5. Market Analysis, Insights and Forecast – By Country/Sub-region
8.5.1. China
8.5.2. India
8.5.3. Japan
8.5.4. Australia
8.5.5. Southeast Asia
8.5.6. Rest of Asia Pacific
9. Rest of the World Laparoscopy Instruments Market Analysis, Insights and Forecast, 2019-2032
9.1. Market Analysis, Insights and Forecast – By Type
9.1.1. Energy Devices
9.1.1.1. Generators
9.1.1.2. Vessel Sealers
9.1.1.3. Others
9.1.2. Smoke Evacuation Systems
9.1.3. Closure Devices
9.1.3.1. Staplers
9.1.3.2. Sutures
9.1.3.3. Others
9.1.4. Insufflation Devices
9.1.5. Suction/ Irrigation Devices
9.1.6. Handheld Instruments
9.1.7. Trocars
9.1.8. Accessories
9.2. Market Analysis, Insights and Forecast – By Usage
9.2.1. Reusable
9.2.2. Disposable
9.3. Market Analysis, Insights and Forecast – By Application
9.3.1. General Surgery
9.3.2. Urology
9.3.3. Gynecology
9.3.4. Others
9.4. Market Analysis, Insights and Forecast – By End-user
9.4.1. Hospitals & ASCs
9.4.2. Specialty Clinics and Others
10. Competitive Analysis
10.1. Global Market Share Analysis (2023)
10.2. Company Profiles
10.2.1. Microline Surgical
10.2.1.1. Overview
10.2.1.2. Products & Services
10.2.1.3. SWOT Analysis
10.2.1.4. Recent Developments
10.2.1.5. Strategies
10.2.1.6. Financials (Based on Availability)
10.2.2. KARL STORZ SE & Co. KG
10.2.2.1. Overview
10.2.2.2. Products & Services
10.2.2.3. SWOT Analysis
10.2.2.4. Recent Developments
10.2.2.5. Strategies
10.2.2.6. Financials (Based on Availability)
10.2.3. BD
10.2.3.1. Overview
10.2.3.2. Products & Services
10.2.3.3. SWOT Analysis
10.2.3.4. Recent Developments
10.2.3.5. Strategies
10.2.3.6. Financials (Based on Availability)
10.2.4. Medtronic
10.2.4.1. Overview
10.2.4.2. Products & Services
10.2.4.3. SWOT Analysis
10.2.4.4. Recent Developments
10.2.4.5. Strategies
10.2.4.6. Financials (Based on Availability)
10.2.5. CONMED Corporation
10.2.5.1. Overview
10.2.5.2. Products & Services
10.2.5.3. SWOT Analysis
10.2.5.4. Recent Developments
10.2.5.5. Strategies
10.2.5.6. Financials (Based on Availability)
10.2.6. Olympus Corporation
10.2.6.1. Overview
10.2.6.2. Products & Services
10.2.6.3. SWOT Analysis
10.2.6.4. Recent Developments
10.2.6.5. Strategies
10.2.6.6. Financials (Based on Availability)
10.2.7. Erbe Elektromedizin GmbH
10.2.7.1. Overview
10.2.7.2. Products & Services
10.2.7.3. SWOT Analysis
10.2.7.4. Recent Developments
10.2.7.5. Strategies
10.2.7.6. Financials (Based on Availability)
10.2.8. Stryker
10.2.8.1. Overview
10.2.8.2. Products & Services
10.2.8.3. SWOT Analysis
10.2.8.4. Recent Developments
10.2.8.5. Strategies
10.2.8.6. Financials (Based on Availability)
10.2.9. ETHICON (Johnson & Johnson Services, Inc.)
10.2.9.1. Overview
10.2.9.2. Products & Services
10.2.9.3. SWOT Analysis
10.2.9.4. Recent Developments
10.2.9.5. Strategies
10.2.9.6. Financials (Based on Availability)
10.2.10. LIVSMED, INC.
10.2.10.1. Overview
10.2.10.2. Products & Services
10.2.10.3. SWOT Analysis
10.2.10.4. Recent Developments
10.2.10.5. Strategies
10.2.10.6. Financials (Based on Availability)

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