Published Date: August, 2017
Figure : Global Laparoscopic Devices Market- Regional Analysis
Laparoscopy, also known as diagnostic laparoscopy, and is a surgical diagnostic procedure used to examine the organs inside the abdomen. It is a low-risk, minimally invasive procedure. Laparoscopy uses an instrument called a laparoscope to look at the abdominal organs. A laparoscope is a long, thin tube with a high-intensity light and a high-resolution camera at the front. The instrument is inserted through an incision in the abdominal wall. As it moves along, the camera sends images to a video monitor. These devices are mainly preferred for surgeries related to the pancreas, liver, colon and bile duct. With increase in number of patients suffering from abdominal disorders the global laparoscopic market is expected to grow at a significant pace over the forecast period.
In 2014, the size of global laparoscopic devices market was valued at USD X.9 billion. While in 2015, size of laparoscopic devices market was valued over USD 7 billion. The global laparoscopic devices market is projected to grow with a CAGR between 8.5% – 8.9% during 2016-2022 and reach USD 12.X billion by 2022. The growth of laparoscopic devices market is primarily driven by health issues caused by obesity, as rise in obese population has resulted into laparoscopic surgeries. Moreover, factors such as growing patient and physician preference for laparoscopic procedures as compared to open surgeries, growing geriatric population, rise in prevalence of colorectal cancer which can be treated laparoscopically, and technological advancements are majorly driving the growth of this market. On the other hand, side effects associated with the surgeries and rapid technological changes could be the restraining factors in the growth of laparoscopic devices market. Going forward, advanced technologies that are likely to make surgeries easier to perform is likely to bring opportunity for growth to this market for major player.
The report segments the laparoscopic market by equipment, by application, by end users and by region. Market segmentation based on equipment includes laparoscopes, energy systems, internal closure devices, trocars, insufflations devices, wound protectors, hand-assist devices, sample retrieval bag and gastric band. Furthermore, laparoscopic energy devices are the most dominating segment due to their advanced technology followed by gastric band system. Based on application market is segmented into general surgery, colorectal surgery, bariatric surgery, gynecological surgery and urological surgery. Bariatric surgery accounts for largest market owing to growing obese patient. The end user segment comprises hospitals and ambulatory surgical centers.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia Pacific, Latin America and Rest of the World (RoW). North America was the largest market and accounted for the largest market of more than 40%, and is expected to grow with a CAGR of 8.X% during the forecast period. This is due to the U.S. which was the largest revenue generating market owing to rise in aging population with increased prevalence of chronic diseases such as urology, obesity, and gastrointestinal in the country. Following North America, APAC is most attractive market for laparoscopic devices and is anticipated to witness highest CAGR over the forecast period. Rise in abdominal disorders, significant investments in healthcare infrastructure and increasing geriatric population are the factors likely to drive the growth in APAC region.
The companies covered in the report include
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of laparoscopic devices globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on 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 value chain analysis of laparoscopic devices market. Moreover, the study highlights current market trends and provides forecast from 2016 to 2022. We also have highlighted future trends in the laparoscopic devices market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market.
The report also provides in depth analysis of regulatory framework pertaining to laparoscopic devices market. This will help the companies to understand the regulatory compliances, supports, barriers in the laparoscopic devices market. This section highlights key amendments and their implication on laparoscopic devices market in the short run as well as in the long run.
1. Report Overview
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
3. Laparoscopic Devices Market Overview
3.2. Market Dynamics
3.8. Porter’s Five Forces Analysis
3.8. IGR – Growth Matrix Analysis
3.9. Competitive Landscape in the Laparoscopic Devicess Market
3.10 Regulatory Framework Analysis by Region
3.10.1 North America
3.10.3 RoW (Including APAC, and LATAM)
4. Global Laparoscopic Devices Market, by Equipments (USD Million) 2016 – 2022
4.3. Energy systems
4.4. Internal closure devices
4.7. Insufflations devices
4.8. Wound protectors
4.8. Hand Assist devices
4.9. Sample retrieval bag
4.10. Gastric band
5. Global Laparoscopic Devices Market, by Application (USD Million) 2016 – 2022
5.1 General surgery
5.2 Colorectal surgeries.
5.3 Bariatric surgery
5.4 Gynecological surgery
5.5 Urological surgery
6. Global Laparoscopic Devices Market, by End User (USD Million) 2016 – 2022
6.2 Ambulatory Surgical Centers
7. Global Laparoscopic Devices Market, by Region, (USD Million) 2016 – 2022
7.2. North America
7.4. Asia Pacific
7.5. Latin America
7.6. Rest of the World
8.1. Karl Storz GmbH & Co.KG
8.2. Olympus Corporation
8.3. Medtronic PLC
8.4. Braun Aesculap
8.5. Stryker Corporation
8.6. Richard Wolf GMBH
8.7. Cook Medical Incorporated
8.8. ConMed Corporation
8.9. Ethicon, Inc,
8.10. Smith & Nephew PLC