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Laparoscopy Device Trends and Forecast
The future of the global laparoscopy device market looks promising with opportunities in the hospital and clinic markets. The global laparoscopy device market is expected to reach an estimated $19.5 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are growing prevalence of chronic diseases, increasing use of this device in diagnosis and therapeutic procedures, and rising demand for robot-assisted laparoscopic surgeries.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Laparoscopy Device by Segment
The study includes a forecast for the global laparoscopy device by product, application, end use industry, and region
Laparoscopy Device Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Laparoscopes
• Energy Devices
• Insufflators
• Robot-Assisted Surgery Systems
• Suction or Irrigation Systems
• Closure Devices
• Hand Instruments
• Access Devices
• Accessories
• Others
Laparoscopy Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• General Surgery
• Bariatric Surgery
• Gynecological Surgery
Laparoscopy Device Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Clinics
• Others
Laparoscopy Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Laparoscopy Device Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies laparoscopy device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the laparoscopy device companies profiled in this report include-
• B. Braun Melsungen
• Boston Scientific
• Conmed
• Johnson & Johnson
• Karl Storz
• Medtronic
• Olympus
• Richard Wolf
• Smith & Nephew
• Stryker
Laparoscopy Device Market Insights
Lucintel forecast that energy device is expected to witness highest growth over the forecast period due to increasing usage of this device in laparoscopic procedures to treat wounds, improve efficiency, and reduce variability.
Within this market, hospital will remain the largest segment due to growing number of patients are getting laparoscopic treatments, such as bariatric surgeries, owing to easy crises management during surgery and availability of vvarious treatment alternatives in such institutions.
North America is expected to witness highest growth over the forecast period due to growing preference for laparoscopic surgeries among population, increasing demand for bipolar energy devices among local hospitals, and presence of key players in the region.
Features of the Global Laparoscopy Device Market
Market Size Estimates: Laparoscopy device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Laparoscopy device market size by product, application, end use industry, and region in terms of value ($B).
Regional Analysis: Laparoscopy device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, end use industries, and regions for the laparoscopy device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the laparoscopy device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the laparoscopy device market size?
Answer: The global laparoscopy device market is expected to reach an estimated $19.5 billion by 2030.
Q.2 What is the growth forecast for laparoscopy device market?
Answer: The global laparoscopy device market is expected to grow with a CAGR of 5.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the laparoscopy device market?
Answer: The major drivers for this market are growing prevalence of chronic diseases, increasing use of this device in diagnosis and therapeutic procedures, and rising demand for robot-assisted laparoscopic surgeries.
Q4. What are the major segments for laparoscopy device market?
Answer: The future of the laparoscopy device market looks promising with opportunities in the hospital and clinic markets.
Q5. Who are the key laparoscopy device market companies?
Answer: Some of the key laparoscopy device companies are as follows:
• B. Braun Melsungen
• Boston Scientific
• ConMed
• Johnson & Johnson
• Karl Storz
• Medtronic
• Olympus
• Richard Wolf
• Smith & Nephew
• Stryker
Q6. Which laparoscopy device market segment will be the largest in future?
Answer: Lucintel forecast that energy device is expected to witness highest growth over the forecast period due to increasing usage of this device in laparoscopic procedures to treat wounds, improve efficiency, and reduce variability.
Q7. In laparoscopy device market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to growing preference for laparoscopic surgeries among population, increasing demand for bipolar energy devices among local hospitals, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the laparoscopy device market by product (laparoscope, energy devices, insufflators,robot-assisted surgery systems, suction or irrigation systems, closure devices, hand instruments, access devices, accessories, and others), application (general surgery, bariatric surgery, and gynecological surgery), end use industry (hospitals, clinics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to laparoscopy device market or related to laparoscopy device companies, laparoscopy device market size, laparoscopy device market share, laparoscopy device market growth, laparoscopy device market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Laparoscopy Device Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Laparoscopy Device Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Laparoscopy Device Market by Product
3.3.1: Laparoscopes
3.3.2: Energy Devices
3.3.3: Insufflators
3.3.4: Robot-Assisted Surgery Systems
3.3.5: Suction or Irrigation Systems
3.3.6: Closure Devices
3.3.7: Hand Instruments
3.3.8: Access Devices
3.3.9: Accessories
3.3.10 Others
3.4: Global Laparoscopy Device Market by Application
3.4.1: General Surgery
3.4.2: Bariatric Surgery
3.4.3: Gynecological Surgery
3.5: Global Laparoscopy Device Market by End Use Industry
3.5.1: Hospitals
3.5.2: Clinics
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Laparoscopy Device Market by Region
4.2: North American Laparoscopy Device Market
4.2.1: North American Laparoscopy Device Market by Product: Laparoscopes , Energy Devices, Insufflators, Robot-Assisted Surgery Systems, Suction or Irrigation Systems, Closure Devices, Hand Instruments, Access Devices, Accessories, and Others
4.2.2: North American Laparoscopy Device Market by End Use Industry: Hospitals, Clinics, and Others
4.3: European Laparoscopy Device Market
4.3.1: European Laparoscopy Device Market by Product:Laparoscopes , Energy Devices, Insufflators, Robot-Assisted Surgery Systems, Suction or Irrigation Systems, Closure Devices, Hand Instruments, Access Devices, Accessories, and Others
4.3.2: European Laparoscopy Device Market by End Use Industry: Hospitals, Clinics, and Others
4.4: APAC Laparoscopy Device Market
4.4.1: APAC Laparoscopy Device Market by Product: Laparoscopes , Energy Devices, Insufflators, Robot-Assisted Surgery Systems, Suction or Irrigation Systems, Closure Devices, Hand Instruments, Access Devices, Accessories, and Others
4.4.2: APAC Laparoscopy Device Market by End Use Industry: Hospitals, Clinics, and Others
4.5: ROW Laparoscopy Device Market
4.5.1: ROW Laparoscopy Device Market by Product: Laparoscopes , Energy Devices, Insufflators, Robot-Assisted Surgery Systems, Suction or Irrigation Systems, Closure Devices, Hand Instruments, Access Devices, Accessories,and Others
4.5.2: ROW Laparoscopy Device Market by End Use Industry: Hospitals, Clinics, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Laparoscopy Device Market by Product
6.1.2: Growth Opportunities for the Global Laparoscopy Device Market by Application
6.1.3: Growth Opportunities for the Global Laparoscopy Device Market by End Use Industry
6.1.4: Growth Opportunities for the Global Laparoscopy Device Market by Region
6.2: Emerging Trends in the Global Laparoscopy Device Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Laparoscopy Device Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Laparoscopy Device Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: B. Braun Melsungen
7.2: Boston Scientific
7.3: ConMed
7.4: Johnson & Johnson
7.5: Karl Storz
7.6: Medtronic
7.7: Olympus
7.8: Richard Wolf
7.9: Smith & Nephew
7.10: Stryker
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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