VALLEY COTTAGE, N.Y., April 25, 2018 (GLOBE NEWSWIRE) -- Future Market Insights (FMI) delivers key insights on the global laparoscopic devices market in a publication titled “Laparoscopic Devices Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.” In terms of value, the global laparoscopic devices market is projected to register a healthy CAGR of 6.6% during the forecast period due to various factors, regarding which FMI offers vital insights in detail. Increasing demand for minimally invasive procedures is expected to bolster overall growth of the laparoscopic devices market globally.
Global Laparoscopic Devices Market: Segmental Insights
The global laparoscopic devices market is segmented on the basis of product type, therapeutic application, end use and region. On the basis of product type, the market has been segmented into direct energy system devices, internal closure devices, trocars, insufflation devices, hand access instruments, robotic assisted surgical systems and laparoscopes. Direct energy system devices product segment is expected to register impressive CAGR of 7.0% during the forecast period. On the basis of therapeutic application, the market is segmented into bariatric surgery, colorectal surgery, general surgery, gynecological surgery and urological surgery. Colorectal surgery is expected to dominate the overall laparoscopic devices market throughout the forecast period and register a value of US$ 2,605.5 Mn by 2018 end. On the basis of end use, the global laparoscopic devices market is segmented into hospitals, clinics and ambulatory surgical centers. In terms of end use, the ambulatory surgical centers segment is expected to witness fastest growth during the forecast period.
Global Laparoscopic Devices Market: Factors Impacting Revenue Growth
Government initiatives to offer better healthcare amenities coupled with increasing healthcare FDI influx is boosting overall demand for laparoscopic devices worldwide. Moreover, over the last few years, there has been significant growth in the number of skilled laparoscopic surgeons in developing regions, but at a comparatively slower pace compared to that in developed regions. Furthermore, demand for minimally invasive therapies is expected to offer momentum to overall sales of laparoscopic devices worldwide. In the last few years, bariatric surgery procedures have increased worldwide due to rising demand for obesity treatment. According to the World Obesity Federation, obesity rate is predominantly higher in developed regions than in developing regions. This has led to a surge in demand for bariatric surgery. Much of the demand is for minimally invasive therapies that are safer than conventional surgical procedures. As per the American Society for Metabolic and Bariatric Surgery (ASMBS), the number of bariatric surgeries increase 5% to 6% each year. In tandem, sales of laparoscopic devices have also increased worldwide.
Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-497
Global Laparoscopic Devices Market: Regional Analysis
This report covers trends driving revenue growth of each segment and offers analysis and insights of the potential opportunities offered in the laparoscopic devices market in all regions of the world. North America is expected to dominate the market throughout the forecast period. Foray of leading North American companies into the direct energy system devices market over the last few years is expected to boost overall sales of these devices in the region. For instance, Olympus entered into this product segment in 2012 and since then has been investing significantly on product promotion in the market in North America. Increasing adoption of laparoscopic devices in Western Europe is marked by high rate of gastric and bypass surgeries performed in Sweden and Germany. As per independent estimates, in 2014, Germany witnessed 30% increase in gastric and bypass surgery procedures. Rise in demand for minimally invasive therapies in Western Europe is expected to boost growth of the bariatric surgery therapeutic application segment over the forecast period.
Preview of Global Laparoscopic Devices Market Segmentation by Product type- Laparoscopes, Robotic-assisted Surgical System, Direct Energy System Devices, Internal Closure Devices, Trocars / Access Device, Insufflation Devices, Hand Access Instruments; Therapeutic application- General Surgery, Colorectal Surgery, Bariatric Surgery, Gynecological Surgery, Urological Surgery; End-use- Hospitals, Clinics, Ambulatory Surgical Centers; Regions- North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan, Middle East & Africa (MEA): https://www.futuremarketinsights.com/reports/laparoscopic-devices-market
Key Players
Key players in the global laparoscopic devices market include Olympus Corporation, B. Braun Melsungen AG, Intuitive Surgical, Inc., Medtronic, Stryker Corporation, Smith & Nephew, CareFusion Corporation (Sub. Becton, Dickinson and Company), Ethicon US, LLC. (Sub. Johnson & Johnson Services, Inc.), KARL STORZ SE & Co. KG, Richard Wolf GmbH, Endocontrol SA and Tekno-Medical Optik Surgery GmbH. A large number of players operating in the laparoscopic devices market are focused on entering into collaborations and partnerships with local distributors and retailers in order to enhance their market presence globally. This strategy also enables companies to increase product visibility across key regional markets. Companies are focusing on instilling competitive capabilities to strengthen their market presence worldwide.
Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-497
More from FMI’s Healthcare, Pharmaceuticals & Medical Devices:
- Dermal Fillers Market Segmentation By Ingredient - Hyaluronic Acid, Poly-L-Lactic Acid, Calcium Hydroxylapatite, Polymethyl methacrylate, Collagen; By Application – Aesthetic, Restoration, Dentistry, Reconstructive Surgery; By Distribution Channel - Retail Pharmacies and Drug Stores, Clinics and Hospital Pharmacies, Online Pharmacies; By Product Type – Absorbable, Non-Absorbable: https://www.futuremarketinsights.com/reports/dermal-fillers-market
- Neuroendocrine Carcinoma Market Segmentation By Disease Indication Type – Gastric Neuroendocrine Tumours, Lung Neuroendocrine Tumours, Pancreatic Neuroendocrine Tumours, Appendiceal Neuroendocrine Tumors; By Treatment Type - Somatostatin Analogs, Targeted Therapy (Tyrosine Kinase Inhibitors, mTOR Inhibitors), Chemotherapy (Antimetabolites, Alkylating Agents, Natural Products); By End User – Hospital, Clinics, Oncology Centres, Ambulatory Surgery Centres: https://www.futuremarketinsights.com/reports/neuroendocrine-carcinoma-market
- Spinal Cord Stimulators Market Segmentation End User – Hospitals, Ambulatory Surgical Units, Clinics; Application - Failed Back Surgery Syndrome, Complex Regional Pain Syndrome, Ischemic Limb Pain, Others; Product Type – Rechargeable, Non-Rechargeable: https://www.futuremarketinsights.com/reports/spinal-cord-stimulator-market
About Us
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
Browse More: Healthcare, Pharmaceuticals & Medical Devices
Contact Us
Mr. Sudip Saha
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44 (0) 20 7692 8790
Sales: sales@futuremarketinsights.com
Press Office: Press@futuremrketinsights.com
FMI Blog: http://www.fmiblog.com/
Website: www.futuremarketinsights.com