Market Overview:
The global laparoscopic electrodes market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing number of minimally invasive surgeries and rising demand for technologically advanced laparoscopic electrodes. Based on type, the global laparoscopic electrodes market is segmented into laparoscopic L-hook/J-hook wire electrode, Laparoscopic ball electrode, Laparoscopic spatula electrode and Laparoscopic needle electrode. The L-hook/J-hook wire electrode segment is expected to account for the largest share of the global laparoscopic electrodes market in 2018. This can be attributed to its high accuracy and precision as compared to other types of electrodes. ica electrodes market in 2018.
Product Definition:
Laparoscopic electrodes are small devices used to create electrical current in the body. This current is used to help surgeons see and operate on internal organs. The electrodes are placed on the skin near the surgical site, and a small electrical current is passed through them. This current creates a map of the organs that can be seen by the surgeon using a laparoscope.
Laparoscopic L-Hook/ J-Hook Wire Electrode:
Laparoscopic L-Hook/ J-Hook Wire Electrode is a small, flexible wire that is inserted into the abdomen through a tiny incision in the lower abdominal area. It allows surgeons to reach deep inside tissues for removing tumors or other obstructions and helps them place instruments such as forceps, laparoscope and others.
Laparoscopic Ball Electrode:
Laparoscopic ball electrode is a small, electrically conductive device used in laparoscopic procedures. It is an important tool for electrosurgery and allows the surgeon to see the tissue that he/she is cutting. The surgical field can be seen better with this electrode as compared to traditional metal electrodes because it does not reflect light off of the tissues but rather allows transmission through them. This makes it easier for surgeons while performing surgeries at night or in dark operating rooms.
Application Insights:
Based on application, the market is segmented into hospitals, ambulatory surgical centers and others. The hospitals segment dominated the market in 2017 owing to increasing number of laparoscopic surgeries being performed there. According to a study published by NCBI in 2018, around 60% of all laparoscopic surgeries are performed in hospital settings which also accounts for majority of revenue share held by this segment.
The others application category includes clinics and private practices. Increasing adoption of minimally invasive procedures has led to an increase in demand for electrotherapy devices such as laparoscopes at outpatient facilities or outside hospitals due to convenience and cost-effectiveness advantages over conventional methods.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing R&D investments by key players, rising adoption of advanced technologies and growing demand for minimally invasive surgeries. In addition, high incidence of chronic diseases such as diabetes is also expected to fuel the regional market growth over the forecast period. Asia Pacific region is anticipated to witness lucrative growth during the forecast period owing to increasing healthcare expenditure and rising awareness about laparoscopic surgeries among people in this region. Moreover, improving healthcare infrastructure will also help boost demand for these electrodes in APAC over the next eight years.
Growth Factors:
- Increasing demand for minimally invasive surgeries: Laparoscopic Electrodes market is expected to grow owing to the increasing demand for minimally invasive surgeries. This is because laparoscopic surgery offers several benefits over traditional open surgery, such as reduced pain, blood loss and hospital stay.
- Growing number of geriatric population: The global geriatric population is growing at a rapid pace and this is expected to drive the growth of Laparoscopic Electrodes market in the coming years. Elderly people are more prone to surgical procedures due to increased incidence of chronic diseases such as cancer, arthritis and heart disease.
- Rising prevalence of obesity: Obesity has become a major health concern across the globe and this is anticipated to boost the demand for laparoscopic procedures in the near future. As obese patients are more likely to require surgical intervention, the Laparoscopic Electrodes market will benefit from this trend in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laparoscopic Electrodes Market Research Report
By Type
Laparoscopic L-Hook/ J-Hook Wire Electrode, Laparoscopic Ball Electrode, Laparoscopic Spatula Electrode, Laparoscopic Needle Electrode
By Application
Hospitals, Ambulatory Surgical Centers, Others
By Companies
B.Braun, Bovie Medical, Johnson & Johnson, Medtronic, Unimax Medical, LaproSurge, Bharat Surgical Co., Medline Industries, OPTEC Endoscopy Systems, Purple Surgical, REGER Medizintechnik, Surgical Innovations
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Laparoscopic Electrodes Market Report Segments:
The global Laparoscopic Electrodes market is segmented on the basis of:
Types
Laparoscopic L-Hook/ J-Hook Wire Electrode, Laparoscopic Ball Electrode, Laparoscopic Spatula Electrode, Laparoscopic Needle Electrode
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- B.Braun
- Bovie Medical
- Johnson & Johnson
- Medtronic
- Unimax Medical
- LaproSurge
- Bharat Surgical Co.
- Medline Industries
- OPTEC Endoscopy Systems
- Purple Surgical
- REGER Medizintechnik
- Surgical Innovations
Highlights of The Laparoscopic Electrodes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Laparoscopic L-Hook/ J-Hook Wire Electrode
- Laparoscopic Ball Electrode
- Laparoscopic Spatula Electrode
- Laparoscopic Needle Electrode
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laparoscopic Electrodes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Laparoscopic electrodes are a type of medical device that are inserted through small incisions in the abdomen. They help doctors treat various conditions by providing electrical stimulation to specific areas of the body.
Some of the major players in the laparoscopic electrodes market are B.Braun, Bovie Medical, Johnson & Johnson, Medtronic, Unimax Medical, LaproSurge, Bharat Surgical Co., Medline Industries, OPTEC Endoscopy Systems, Purple Surgical, REGER Medizintechnik, Surgical Innovations.
The laparoscopic electrodes market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laparoscopic Electrodes Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Laparoscopic Electrodes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Laparoscopic Electrodes Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Laparoscopic Electrodes Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Laparoscopic Electrodes Market Size & Forecast, 2020-2028 4.5.1 Laparoscopic Electrodes Market Size and Y-o-Y Growth 4.5.2 Laparoscopic Electrodes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Laparoscopic L-Hook/ J-Hook Wire Electrode
5.2.2 Laparoscopic Ball Electrode
5.2.3 Laparoscopic Spatula Electrode
5.2.4 Laparoscopic Needle Electrode
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laparoscopic Electrodes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Laparoscopic Electrodes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Laparoscopic L-Hook/ J-Hook Wire Electrode
9.6.2 Laparoscopic Ball Electrode
9.6.3 Laparoscopic Spatula Electrode
9.6.4 Laparoscopic Needle Electrode
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Laparoscopic L-Hook/ J-Hook Wire Electrode
10.6.2 Laparoscopic Ball Electrode
10.6.3 Laparoscopic Spatula Electrode
10.6.4 Laparoscopic Needle Electrode
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Laparoscopic L-Hook/ J-Hook Wire Electrode
11.6.2 Laparoscopic Ball Electrode
11.6.3 Laparoscopic Spatula Electrode
11.6.4 Laparoscopic Needle Electrode
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Laparoscopic L-Hook/ J-Hook Wire Electrode
12.6.2 Laparoscopic Ball Electrode
12.6.3 Laparoscopic Spatula Electrode
12.6.4 Laparoscopic Needle Electrode
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Laparoscopic L-Hook/ J-Hook Wire Electrode
13.6.2 Laparoscopic Ball Electrode
13.6.3 Laparoscopic Spatula Electrode
13.6.4 Laparoscopic Needle Electrode
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Laparoscopic Electrodes Market: Competitive Dashboard
14.2 Global Laparoscopic Electrodes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B.Braun
14.3.2 Bovie Medical
14.3.3 Johnson & Johnson
14.3.4 Medtronic
14.3.5 Unimax Medical
14.3.6 LaproSurge
14.3.7 Bharat Surgical Co.
14.3.8 Medline Industries
14.3.9 OPTEC Endoscopy Systems
14.3.10 Purple Surgical
14.3.11 REGER Medizintechnik
14.3.12 Surgical Innovations