Laparoscopic instruments are used in laparoscopy which is a minimally invasive surgical technique performed through a keyhole incision. This technique is mainly preferred for the surgeries related to pancreas, liver and bile duct. Global laparoscopic instruments market was valued at $8.32 billion in 2017 and is expected to reach $16.45 billion in 2025 with a CAGR of 8.9% during the forecast period from 2019-2025. The factors like rising prevalence of colorectal cancer, an increasing number of laparoscopic bariatric procedures and technological advancements in the field of laparoscopy are fuelling the market growth. The factors like lack of trained professionals in the field of laparoscopy coupled with reduced medicare payments to healthcare providers in the U.S. are declining the market growth. Increasing number of free-trade agreements and enhancements in equipment capabilities in laparoscopic instruments are creating opportunities for market growth.
Research Study Objectives:
- Define, estimate, and forecast the Laparoscopic Instruments market statistics by product, application, end user and regions concerning the individual growth drivers, market trends and their contribution toward the Laparoscopic Instruments market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Laparoscopic Instruments Market Analysis report.
- Analysis and conclusions on the future Laparoscopic Instruments market outlook.
Top-down and bottom-up approaches are used to validate the Laparoscopic Instruments Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through
various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Laparoscopic Instruments Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Laparoscopic Instruments market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Laparoscopic Instruments market segmentation is as follows:
By Product
- Suction/Irrigation Systems
- Closure Devices
- Accessories
- Access Devices
- Hand Instruments
- Energy Devices
- Insufflators
- Laparoscopes
- Fiber Laparoscopes
- Video Laparoscopes
By Application
- Colorectal Surgery
- Bariatric Surgery
- Pediatric Surgery
- Urological Surgery
- Gynecological Surgery
- General Surgery
By End User
- Ambulatory Surgical Centers
- Hospitals
- Others
Geographical Analysis:
Laparoscopic Instruments Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging
nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Laparoscopic Instruments Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Laparoscopic Instruments Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Laparoscopic Instruments market players, such as
- Richard Wolf GmbH
- Microline Surgical, Inc.
- Smith & Nephew PLC
- Conmed Corporation
- Cook Medical Inc.
- Along with these companies, many other companies are considered in the report while analysing the Global Laparoscopic Instruments Market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
