This report provides exclusive insights into the COVID-19 impact on the Endosurgery Devices Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Endosurgery Devices Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Endosurgery Devices Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on the endosurgery devices market provides an in-depth analysis of segments and
sub-segments in the global as well as regional endosurgery devices market. The
study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional endosurgery devices market over the short term as
well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of the global endosurgery devices market. According to
the report, the global endosurgery devices market is projected to grow at a CAGR
of 4.2% over the forecast period of 2019-2025.
Endosurgery devices are used in open or invasive surgeries as
well as minimally invasive surgeries. These devices use either power or
mechanical stress to perform procedures such, as hemostasis, ligation, and
access to the surgical area, or utilize the high-frequency electrical current
to cut, coagulate, and desiccate tissues.
A recent report published by Infinium Global Research on the
endosurgery devices market is majorly driven by the growth in various types of
endosurgery such as gynecology and bariatric surgery across the world.
Furthermore, the demand for laparoscopic procedures is witnessing a notable
growth across the world mainly due to benefits like faster healing, less
morbidity, quick recovery, improved outcome, and low degree of discomfort.
Therefore, an increase in the adoption of these procedures has directly
impacted the demand for endosurgery devices. However, the lack of trained
specialists for laparoscopic procedures and post-operative risks associated
with endosurgery may hamper market growth. Moreover, significant developments
in endomechanical devices, the advent of robotic technology are expected to
accelerate the growth of the endosurgery devices market over the forecast
period. Furthermore, the adoption of the cutting-edge optical camera and
imaging technologies is also anticipated to create growth opportunities for
endosurgery devices market in the upcoming years.
In terms of region, the endosurgery devices market is
categorized into North America, Europe, Asia Pacific, and the Rest of the
World. Among all, North America holds the largest market share and is expected
to dominate the endosurgery devices market. This is mainly due to the
well-established healthcare industry in the region. Furthermore, the early
adoption of new products and the presence of key market players also boost the market growth in the North American region. Moreover, Europe is estimated to be
the second-largest region in the endosurgery devices market owing to the
growing focus of companies in introducing new technologically advanced
endosurgery devices in the region. On the other hand, Asia Pacific is
anticipated to grow at a rapid pace over the forecast period. The large patient
base in countries like India and China is one of the major drivers for the
growth of the endosurgery device market in the region.
The report on global endosurgery devices market covers segments
such as product, application, and end-user. On the basis of product, the
sub-markets include endomechanical devices, and electrosurgical devices. On the
basis of application, the sub-markets include abdominal surgery, thoracic
surgery, gynecology surgery, colorectal surgery, bariatric surgery, transplant
surgery, and other application. On the basis of end-user, the sub-markets
include hospitals and ambulatory surgical centers, and specialty clinics and
The report provides profiles of the companies in the market
such as Medtronic, Stryker, Ethicon, Inc., KARL STORZ SE & Co. KG, Olympus
Corporation, Erbe Elektromedizin GmbH, Meril Life Science Pvt. Ltd, Healthium
Medtech, Conmed Corporation, and Reach Surgical, Inc.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of endosurgery
devices market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.