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Laparoscopic Devices Market: Hand Access Instruments to Witness High Demand During the Forecast Period: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2028

Laparoscopic Devices Market: Hand Access Instruments to Witness High Demand During the Forecast Period: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2028

Laparoscopy is a minimally invasive surgical technique mainly preferred for surgeries related to the pancreas, liver, colon and bile duct. Globally, laparoscopic devicesare witnessing increasing adoption among healthcare practitioners. As the trend is shifting largely towards developing regions, the laparoscopic devices market is witnessing impressive growth in Asia Pacific excluding Japan and Latin America; however, majority of the revenue continues to come in from developed regions of the world.

Market Value Forecast

The global laparoscopic devices market was valued at US$ 8,927.8 Mn in 2017 and is expected to expand at a CAGR of 6.6% over the forecast period (2018–2028).

Market Dynamics

Growth of the global laparoscopic devices market is mainly driven by rising private and foreign investments as well as adoption of the subscription commerce based model for product selling. Due to intense competition, manufacturers of laparoscopic devices are reducing prices of their products to remain competitive in the market. Companies are adopting subscription commerce based marketing models to sell laparoscopic devices. Under this scheme, companies provide costly and sophisticated medical devices on a pay-per-use basis. This helps end users use these costly devices at cheaper rates, which in turn is helping companies expand their market footprint worldwide. Furthermore, increasing demand for minimally invasive therapies, especially for obesity related ailments is bolstering demand for laparoscopic devices from various end-use sectors.

Though the global laparoscopic devices market is expected to witness impressive growth over the forecast period, high cost of laparoscopic devices coupled with lack of skilled surgeons are factors expected to hamper market revenue growth in the coming years.

Segmentation by Product Type

The global laparoscopic devices market is segmented on the basis of product type into direct energy systems, trocars/access device, internal closure devices, laparoscopes, hand access instruments, insufflation devices, and robotic assisted surgical system. In terms of value, the direct energy system devices segment is estimated to account for 28.4% share of the global laparoscopic devices market by 2018, and is projected to register a healthy CAGR of 7.0% in terms of value over the forecast period. The internal closure devices segment is expected to witness a growth rate of 7.1% during the forecast period. This growth is mainly attributed to relatively less time required for the suturing process as compared to the conventional approach.

Segmentation by Therapeutic Application

By therapeutic application, the global laparoscopic devices market is segmented into general surgery, colorectal surgery, bariatric surgery, gynecological surgery and urological surgery. Among the therapeutic application segments, bariatric surgery and colorectal surgery are expected to witness impressive growth during the forecast period.

Segmentation by End Use

By end use, the global laparoscopic devices market is segmented into hospitals, clinics and ambulatory surgical centers. Hospitals are expected to dominate the overall laparoscopic devices market throughout the forecast period.

Key Regions

The global laparoscopic devices market has been segmented on the basis of region into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and Middle East & Africa (MEA).

In terms of market value, of all the regions, North America is projected to dominate the global laparoscopic devices market in terms of revenue share throughout the forecast period. APEJ is expected to witness significant growth during the forecast period. Significant investments in healthcare infrastructure, increasing geriatric population and rise in abdominal disorders in APEJ are factors anticipated to boost revenue growth of the laparoscopic devices market in the region.


1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
3. Laparoscopic Devices Market Opportunity Analysis
3.1. Macro-Economic Factors
3.2. Opportunity Analysis
4. Global Economic Outlook
4.1. Global Gross Domestic Product by Region & Country
5. Market Dynamics
5.1. Drivers
5.2. Restraints
5.3. Opportunity
5.4. Trends
6. Key Inclusions
6.1. Regulatory Scenario (North America, Europe, Asia Pacific and MEA)
6.2. Overview of Prominent Developments in the Laparoscopic Devices Market
6.3. Laparoscopic Device Distributors
6.4. Dynamics-Regional Impact Analysis
6.5. Laparoscopic Device Price List
6.6. Laparoscopic Device Supply Chain
7. North America Laparoscopic Devices Market Analysis 2013–2017 and Forecast 2018–2028
7.1. Introduction
7.2. Regional Market Trends
7.3. Historical Market Size (US$ Mn) Analysis By Country, 2013-2017
7.3.1. U.S.
7.3.2. Canada
7.4. Market Size (US$ Mn) Forecast By Country, 2018-2028
7.5. Historical Market Size (US$ Mn) Trend Analysis By Product Type, 2013-2017
7.5.1. Direct Energy System Devices
7.5.2. Trocars/Access Device
7.5.3. Internal Closure Devices
7.5.4. Laparoscopes
7.5.5. Hand Access Instruments
7.5.6. Insufflation Devices
7.5.7. Robotic Assisted Surgical System
7.6. Market Size (US$ Mn) Forecast By Product Type, 2018-2028
7.7. Historical Market Size (US$ Mn) Trend Analysis By Therapeutic Application, 2013-2017
7.7.1. Bariatric Surgery
7.7.2. Colorectal Surgery
7.7.3. General Surgery
7.7.4. Gynecological Surgery
7.7.5. Urological Surgery
7.8. Market Size (US$ Mn) Forecast By Therapeutic Application, 2018-2028
7.9. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
7.9.1. Hospitals
7.9.2. Ambulatory Surgical Centers
7.9.3. Clinics
7.10.Market Size (US$ Mn) Forecast By End User, 2018-2028
7.11.Market Attractiveness Analysis
7.11.1. By Country
7.11.2. By Product Type
7.11.3. By Therapeutic Application
7.11.4. By End User
7.12.Drivers and Restraints: Impact Analysis
7.13.Key Market Participants – Intensity Mapping
8. Latin America Laparoscopic Devices Market Analysis 2013–2017 and Forecast 2018–2028
8.1. Introduction
8.2. Regional Market Trends
8.3. Historical Market Size (US$ Mn) Analysis By Country, 2013-2017
8.3.1. Brazil
8.3.2. Mexico
8.3.3. Rest of Latin America
8.4. Market Size (US$ Mn) Forecast By Country, 2018-202
8.5. Historical Market Size (US$ Mn) Trend Analysis By Product Type, 2013-2017
8.5.1. Direct Energy System Devices
8.5.2. Trocars/Access Device
8.5.3. Internal Closure Devices
8.5.4. Laparoscopes
8.5.5. Hand Access Instruments
8.5.6. Insufflation Devices
8.5.7. Robotic Assisted Surgical System
8.6. Market Size (US$ Mn) Forecast By Product Type, 2018-2028
8.7. Historical Market Size (US$ Mn) Trend Analysis By Therapeutic Application, 2013-2017
8.7.1. Bariatric Surgery
8.7.2. Colorectal Surgery
8.7.3. General Surgery
8.7.4. Gynecological Surgery
8.7.5. Urological Surgery
8.8. Market Size (US$ Mn) Forecast By Therapeutic Application, 2018-2028
8.9. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
8.9.1. Hospitals
8.9.2. Ambulatory Surgical Centers
8.9.3. Clinics
8.10.Market Size (US$ Mn) Forecast By End User, 2018-2028
8.11.Market Attractiveness Analysis
8.11.1. By Country
8.11.2. By Product Type
8.11.3. By Therapeutic Application
8.11.4. By End User
8.12.Drivers and Restraints: Impact Analysis
8.13.Key Market Participants – Intensity Mapping
9. Western Europe Laparoscopic Devices Market Analysis 2013–2017 and Forecast 2018–2028
9.1. Introduction
9.2. Regional Market Trends
9.3. Historical Market Size (US$ Mn) Analysis By Country, 2013-2017
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Spain
9.3.5. Italy
9.3.6. Nordic
9.3.7. BENELUX
9.3.8. Rest of Western Europe
9.4. Market Size (US$ Mn) Forecast By Country, 2018-2028
9.5. Historical Market Size (US$ Mn) Trend Analysis By Product Type, 2013-2017
9.5.1. Direct Energy System Devices
9.5.2. Trocars/Access Device
9.5.3. Internal Closure Devices
9.5.4. Laparoscopes
9.5.5. Hand Access Instruments
9.5.6. Insufflation Devices
9.5.7. Robotic Assisted Surgical System
9.6. Market Size (US$ Mn) Forecast By Product Type, 2018-2028
9.7. Historical Market Size (US$ Mn) Trend Analysis By Therapeutic Application, 2013-2017
9.7.1. Bariatric Surgery
9.7.2. Colorectal Surgery
9.7.3. General Surgery
9.7.4. Gynecological Surgery
9.7.5. Urological Surgery
9.8. Market Size (US$ Mn) Forecast By Therapeutic Application, 2018-2028
9.9. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
9.9.1. Hospitals
9.9.2. Ambulatory Surgical Centers
9.9.3. Clinics
9.10.Market Size (US$ Mn) Forecast By End User, 2018-2028
9.11.Market Attractiveness Analysis
9.11.1. By Country
9.11.2. By Product Type
9.11.3. By Therapeutic Application
9.11.4. By End User
9.12.Drivers and Restraints: Impact Analysis
9.13.Key Market Participants – Intensity Mapping
10. Eastern Europe Laparoscopic Devices Market Analysis 2013–2017 and Forecast 2018–2028
10.1.Introduction
10.2.Regional Market Trends
10.3.Historical Market Size (US$ Mn) Analysis By Country, 2013-2017
10.3.1. Russia
10.3.2. Poland
10.3.3. Rest of Eastern Europe
10.4.Market Size (US$ Mn) Forecast By Country, 2018-2028
10.5.Historical Market Size (US$ Mn) Trend Analysis By Product Type, 2013-2017
10.5.1. Direct Energy System Devices
10.5.2. Trocars/Access Device
10.5.3. Internal Closure Devices
10.5.4. Laparoscopes
10.5.5. Hand Access Instruments
10.5.6. Insufflation Devices
10.5.7. Robotic Assisted Surgical System
10.6.Market Size (US$ Mn) Forecast By Product Type, 2018-2028
10.7.Historical Market Size (US$ Mn) Trend Analysis By Therapeutic Application, 2013-2017
10.7.1. Bariatric Surgery
10.7.2. Colorectal Surgery
10.7.3. General Surgery
10.7.4. Gynecological Surgery
10.7.5. Urological Surgery
10.8.Market Size (US$ Mn) Forecast By Therapeutic Application, 2018-2028
10.9.Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
10.9.1. Hospitals
10.9.2. Ambulatory Surgical Centers
10.9.3. Clinics
10.10. Market Size (US$ Mn) Forecast By End User, 2018-2028
10.11. Market Attractiveness Analysis
10.11.1. By Country
10.11.2. By Product Type
10.11.3. By Therapeutic Application
10.11.4. By End User
10.12. Drivers and Restraints: Impact Analysis
10.13. Key Market Participants – Intensity Mapping
11. Asia Pacific Excl. Japan (APEJ) Laparoscopic Devices Market Analysis 2013–2017 and Forecast 2018–2028
11.1.Introduction
11.2.Regional Market Trends
11.3.Historical Market Size (US$ Mn) Analysis By Country, 2013-2017
11.3.1. China
11.3.2. India
11.3.3. ASEAN
11.3.4. Oceania
11.3.5. Rest of APEJ
11.4.Market Size (US$ Mn) Forecast By Country, 2018-2028
11.5.Historical Market Size (US$ Mn) Trend Analysis By Product Type, 2013-2017
11.5.1. Direct Energy System Devices
11.5.2. Trocars/Access Device
11.5.3. Internal Closure Devices
11.5.4. Laparoscopes
11.5.5. Hand Access Instruments
11.5.6. Insufflation Devices
11.5.7. Robotic Assisted Surgical System
11.6.Market Size (US$ Mn) Forecast By Product Type, 2018-2028
11.7.Historical Market Size (US$ Mn) Trend Analysis By Therapeutic Application, 2013-2017
11.7.1. Bariatric Surgery
11.7.2. Colorectal Surgery
11.7.3. General Surgery
11.7.4. Gynecological Surgery
11.7.5. Urological Surgery
11.8.Market Size (US$ Mn) Forecast By Therapeutic Application, 2018-2028
11.9.Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
11.9.1. Hospitals
11.9.2. Ambulatory Surgical Centers
11.9.3. Clinics
11.10.Market Size (US$ Mn) Forecast By End User, 2018-2028
11.11. Market Attractiveness Analysis
11.11.1. By Country
11.11.2. By Product Type
11.11.3. By Therapeutic Application
11.11.4. By End User
11.12. Drivers and Restraints: Impact Analysis
11.13. Key Market Participants – Intensity Mapping
12. Japan Laparoscopic Devices Market Analysis 2013–2017 and Forecast 2018–2028
12.1.Introduction
12.2.Market Trends
12.3.Historical Market Size (US$ Mn) Trend Analysis By Product Type, 2013-2017
12.3.1. Direct Energy System Devices
12.3.2. Trocars/Access Device
12.3.3. Internal Closure Devices
12.3.4. Laparoscopes
12.3.5. Hand Access Instruments
12.3.6. Insufflation Devices
12.3.7. Robotic Assisted Surgical System
12.4.Market Size (US$ Mn) Forecast By Product Type, 2018-2028
12.5.Historical Market Size (US$ Mn) Trend Analysis By Therapeutic Application, 2013-2017
12.5.1. Bariatric Surgery
12.5.2. Colorectal Surgery
12.5.3. General Surgery
12.5.4. Gynecological Surgery
12.5.5. Urological Surgery
12.6.Market Size (US$ Mn) Forecast By Therapeutic Application, 2018-2028
12.7.Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
12.7.1. Hospitals
12.7.2. Ambulatory Surgical Centers
12.7.3. Clinics
12.8.Market Size (US$ Mn) Forecast By End User, 2018-2028
12.9.Market Attractiveness Analysis
12.9.1. By Product Type
12.9.2. By Therapeutic Application
12.9.3. By End User
12.10. Drivers and Restraints: Impact Analysis
12.11. Key Market Participants – Intensity Mapping
13. MEA Laparoscopic Devices Market Analysis 2013–2017 and Forecast 2018–2028
13.1.Introduction
13.2.Regional Market Trends
13.3.Historical Market Size (US$ Mn) Analysis By Country, 2013-2017
13.3.1. GCC Countries
13.3.2. South Africa
13.3.3. North Africa
13.3.4. Rest of MEA
13.4.Market Size (US$ Mn) Forecast By Country, 2018-2028
13.5.Historical Market Size (US$ Mn) Trend Analysis By Product Type, 2013-2017
13.5.1. Direct Energy System Devices
13.5.2. Trocars/Access Device
13.5.3. Internal Closure Devices
13.5.4. Laparoscopes
13.5.5. Hand Access Instruments
13.5.6. Insufflation Devices
13.5.7. Robotic Assisted Surgical System
13.6.Market Size (US$ Mn) Forecast By Product Type, 2018-2028
13.7.Historical Market Size (US$ Mn) Trend Analysis By Therapeutic Application, 2013-2017
13.7.1. Bariatric Surgery
13.7.2. Colorectal Surgery
13.7.3. General Surgery
13.7.4. Gynecological Surgery
13.7.5. Urological Surgery
13.8.Market Size (US$ Mn) Forecast By Therapeutic Application, 2018-2028
13.9.Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
13.9.1. Hospitals
13.9.2. Ambulatory Surgical Centers
13.9.3. Clinics
13.10.Market Size (US$ Mn) Forecast By End User, 2018-2028
13.11.Market Attractiveness Analysis
13.11.1. By Country
13.11.2. By Product Type
13.11.3. By Therapeutic Application
13.11.4. By End User
13.12.Drivers and Restraints: Impact Analysis
13.13.Key Market Participants – Intensity Mapping
14. Forecast Factors: Relevance and Impact
15. Forecast Assumptions
16. Assumptions and Acronyms Used
17. Competition Landscape
17.1.Competition Dashboard
17.2.Company Profiles (Details – Overview, Financials, Strategy, Recent Developments)
17.3.Key Players
17.3.1. Olympus Corporation
17.3.1.1. Overview
17.3.1.2. Product and Application Portfolio
17.3.1.3. Production Footprint
17.3.1.4. Sales Footprint
17.3.1.5. Channel Footprint
17.3.1.6. Strategy
17.3.1.6.1. Marketing Strategy
17.3.1.6.2. Product Strategy
17.3.1.6.3. Channel Strategy
17.3.2. B. Braun Melsungen AG
17.3.2.1. Overview
17.3.2.2. Product and Application Portfolio
17.3.2.3. Production Footprint
17.3.2.4. Sales Footprint
17.3.2.5. Channel Footprint
17.3.2.6. Strategy
17.3.2.6.1. Marketing Strategy
17.3.2.6.2. Product Strategy
17.3.2.6.3. Channel Strategy
17.3.3. Intuitive Surgical, Inc.
17.3.3.1. Overview
17.3.3.2. Product and Application Portfolio
17.3.3.3. Production Footprint
17.3.3.4. Sales Footprint
17.3.3.5. Channel Footprint
17.3.3.6. Strategy
17.3.3.6.1. Marketing Strategy
17.3.3.6.2. Product Strategy
17.3.3.6.3. Channel Strategy
17.3.4. Medtronic
17.3.4.1. Overview
17.3.4.2. Product and Application Portfolio
17.3.4.3. Production Footprint
17.3.4.4. Sales Footprint
17.3.4.5. Channel Footprint
17.3.4.6. Strategy
17.3.4.6.1. Marketing Strategy
17.3.4.6.2. Product Strategy
17.3.4.6.3. Channel Strategy
17.3.5. Stryker Corporation
17.3.5.1. Overview
17.3.5.2. Product and Application Portfolio
17.3.5.3. Production Footprint
17.3.5.4. Sales Footprint
17.3.5.5. Channel Footprint
17.3.5.6. Strategy
17.3.5.6.1. Marketing Strategy
17.3.5.6.2. Product Strategy
17.3.5.6.3. Channel Strategy
17.3.6. Smith & Nephew
17.3.6.1. Overview
17.3.6.2. Product and Application Portfolio
17.3.6.3. Production Footprint
17.3.6.4. Sales Footprint
17.3.6.5. Channel Footprint
17.3.6.6. Strategy
17.3.6.6.1. Marketing Strategy
17.3.6.6.2. Product Strategy
17.3.6.6.3. Channel Strategy
17.3.7. CareFusion Corporation (Sub. Becton, Dickinson and Company)
17.3.7.1. Overview
17.3.7.2. Product and Application Portfolio
17.3.7.3. Production Footprint
17.3.7.4. Sales Footprint
17.3.7.5. Channel Footprint
17.3.7.6. Strategy
17.3.7.6.1. Marketing Strategy
17.3.7.6.2. Product Strategy
17.3.7.6.3. Channel Strategy
17.3.8. Ethicon US, LLC. (Sub. Johnson & Johnson Services, Inc.)
17.3.8.1. Overview
17.3.8.2. Product and Application Portfolio
17.3.8.3. Production Footprint
17.3.8.4. Sales Footprint
17.3.8.5. Channel Footprint
17.3.8.6. Strategy
17.3.8.6.1. Marketing Strategy
17.3.8.6.2. Product Strategy
17.3.8.6.3. Channel Strategy
17.3.9. KARL STORZ SE & Co. KG
17.3.9.1. Overview
17.3.9.2. Product and Application Portfolio
17.3.9.3. Production Footprint
17.3.9.4. Sales Footprint
17.3.9.5. Channel Footprint
17.3.9.6. Strategy
17.3.9.6.1. Marketing Strategy
17.3.9.6.2. Product Strategy
17.3.9.6.3. Channel Strategy
17.3.10. Richard Wolf GmbH
17.3.10.1. Overview
17.3.10.2. Product and Application Portfolio
17.3.10.3. Production Footprint
17.3.10.4. Sales Footprint
17.3.10.5. Channel Footprint
17.3.10.6. Strategy
17.3.10.6.1. Marketing Strategy
17.3.10.6.2. Product Strategy
17.3.10.6.3. Channel Strategy
17.3.11. Endocontrol SA
17.3.11.1. Overview
17.3.11.2. Product and Appli

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