Global Laparoscopic Devices Market 2016-2020
About Laparoscopic Devices
Laparoscopy is a minimally invasive procedure that involves making single or multiple small incisions in the abdominal cavity. Endoscopes are then inserted into the body through the port access system made via the incisions. These devices transmit images of the internal organs to the screen, enabling the surgeon to view the operative area in real time. Surgeons prefer laparoscopy to open surgeries because of reduced blood loss and scarring, shorter hospital stays, and rapid recovery times.
Technavio’s analysts forecast the global laparoscopic devices market to grow at a CAGR of 8.2% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global laparoscopic devices market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales of laparoscopes and laparoscopic instruments and accessories.
The market is divided into the following segments based on technique:
Technavio Announces the Publication of its Research Report – Global Laparoscopic Devices Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Laparoscopic Devices Market: Ethicon, Karl Storz, Intuitive Surgical, Medtronic and Olympus
Other Prominent Vendors in the market are: Aesculap, Applied Medical, B.Braun, CareFusion, Conmed, Davol, Encision, Eon Surgical, Gyrus ACMI, IMRIS, Integra LifeSciences, Life Care Medical Devices, Metro-Med, Richard Wolf, Silex Medical, Smith and Nephew, Stryker, Titan Medical, TransEnterix, and WISAP GmbH.
Commenting on the report, an analyst from Technavio’s team said: “Robotic navigation technology helps enhance surgeons' skills, reduces surgical variability, improves patient recovery, lowers the number of incisions, and expands opportunities for simulation.”
According to the report, one of the major drivers of the market is popularity of minimally invasive procedures. Anesthesia administered before surgeries can cause nausea, a sore throat, confusion, and sleepiness. Minimally invasive surgeries are performed to reduce such complications and the associated costs.
Further, the report states that Laparoscopic surgeries such as robot-assisted procedures cost 60% more than conventional surgeries. Hence, restricts the market growth.
Ethicon, Karl Storz, Intuitive Surgical, Medtronic, Olympus, Aesculap, Applied Medical, B.Braun, CareFusion, Conmed, Davol, Encision, Eon Surgical, Gyrus ACMI, IMRIS, Integra LifeSciences, Life Care Medical Devices, Metro-Med, Richard Wolf, Silex Medical, Smith and Nephew, Stryker, Titan Medical, TransEnterix, WISAP GmbH.
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