Market Overview:
The global laparoscopic ports market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing number of minimally invasive surgeries and technological advancements in laparoscopic surgery procedures. Based on type, the global laparoscopic ports market is segmented into multi-instrument and single-instrument ports. The multi-instrument port segment is expected to grow at a higher CAGR than the single-instrument port segment during the forecast period. This can be attributed to its ability to accommodate multiple instruments, which leads to faster and efficient surgeries. Based on application, the global laparoscopic ports market is divided into hospital and clinic, ambulatory surgery center (ASC), and others segments. The hospital and clinic segment accounted for majority of share in 2017 owing to rising demand for minimally invasive surgeries across hospitals globally.
Product Definition:
Laparoscopic ports are small, round openings that allow a surgeon to insert and operate on the inside of the abdomen using a laparoscope. The number, size and location of ports vary depending on the surgery being performed. Ports are important because they provide an entry point for surgical instruments and allow the surgeon to see what is going on inside the abdomen.
Multi-instrument:
Multi-instrument is a combination of more than two instruments such as laparoscope and cystoscopes. It’s major application is in the field of GI, urology, and gynecology. Multi-instrument has various advantages over traditional single instrument such as it provides clear visualization due to its multiple lenses & optics coupled with high magnification power which helps surgeons perform surgeries efficiently.
Single-instrument:
Single-instrument Laparoscopic Ports are used for single surgical procedure. It is a small, light, and flexible instrument that is inserted into the abdominal cavity through a tiny incision. Single-instrument ports are most commonly used to gain access to the urinary bladder or gastrointestinal tract.
Application Insights:
Based on application, the market is segmented into hospital and clinic, ambulatory surgery center, others. The others segment includes surgical centers and hospitals. Hospital and clinics are anticipated to be the fastest-growing application over the forecast period owing to increasing demand for laparoscopic gallbladder surgeries among other procedures. According to a study published in NCBI in 2018, around 20% of people in developed countries suffer from chronic pain due to gallstones or pancreatic stones which require cholecystectomy (removal) at a young age. This is expected to drive demand for laparoscopic ports over the forecast period.
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 high healthcare expenditure in this region. Moreover, growing number of minimally invasive surgeries are also expected to drive the regional market over the forecast period. Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to increasing government initiatives for improving healthcare infrastructure and facilities along with rising awareness about laparoscopic surgery among people especially patients & their families.
Moreover, Latin America has also shown significant growth rate due its low cost compared with developed regions which attracts many patients from other parts of world particularly from Europe & North America who prefer cheaper treatment options available at Latin American hospitals rather than U.S., European countries or Australia etc.
Growth Factors:
- Increasing demand for minimally invasive surgeries: Laparoscopic Ports 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 Ports 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. According to World Health Organization (WHO), obesity rates have doubled since 1980 and it has now become an epidemic affecting around 1 billion adults worldwide. This will create opportunities for Laparoscopic Ports market players in upcoming years..
- Stryker Corporation announced that it had entered into an agreement with Verb Surgical Inc., a joint venture between Google’s parent company Alphabet
Scope Of The Report
Report Attributes
Report Details
Report Title
Laparoscopic Ports Market Research Report
By Type
Multi-instrument, Single-instrument
By Application
Hospital and Clinic, Ambulatory Surgery Center, Others
By Companies
Applied Medical, BNR, Intuitive Surgical, Lagis Endosurgical, Richard Wolf, Sejong Medical, Surgical Innovations, Unimax Medical Systems, Applied Medical
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Laparoscopic Ports Market Report Segments:
The global Laparoscopic Ports market is segmented on the basis of:
Types
Multi-instrument, Single-instrument
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
Hospital and Clinic, Ambulatory Surgery Center, 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:
- Applied Medical
- BNR
- Intuitive Surgical
- Lagis Endosurgical
- Richard Wolf
- Sejong Medical
- Surgical Innovations
- Unimax Medical Systems
- Applied Medical
Highlights of The Laparoscopic Ports 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:
- Multi-instrument
- Single-instrument
- By Application:
- Hospital and Clinic
- Ambulatory Surgery Center
- 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 Ports 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 ports are small surgical openings that allow surgeons to view and operate on the inside of the body through a small incision. Laparoscopic ports are often used in surgery for cancer, gallbladder removal, and other procedures.
Some of the major players in the laparoscopic ports market are Applied Medical, BNR, Intuitive Surgical, Lagis Endosurgical, Richard Wolf, Sejong Medical, Surgical Innovations, Unimax Medical Systems, Applied Medical.
The laparoscopic ports 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 Ports 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 Ports Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laparoscopic Ports 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 Ports 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 Ports Market Size & Forecast, 2020-2028
4.5.1 Laparoscopic Ports Market Size and Y-o-Y Growth
4.5.2 Laparoscopic Ports 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 Multi-instrument
5.2.2 Single-instrument
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 Hospital and Clinic
6.2.2 Ambulatory Surgery Center
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laparoscopic Ports 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 Ports 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 Multi-instrument
9.6.2 Single-instrument
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 Hospital and Clinic
9.10.2 Ambulatory Surgery Center
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 Multi-instrument
10.6.2 Single-instrument
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 Hospital and Clinic
10.10.2 Ambulatory Surgery Center
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 Multi-instrument
11.6.2 Single-instrument
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 Hospital and Clinic
11.10.2 Ambulatory Surgery Center
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 Multi-instrument
12.6.2 Single-instrument
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 Hospital and Clinic
12.10.2 Ambulatory Surgery Center
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 Multi-instrument
13.6.2 Single-instrument
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 Hospital and Clinic
13.10.2 Ambulatory Surgery Center
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 Ports Market: Competitive Dashboard
14.2 Global Laparoscopic Ports Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Applied Medical
14.3.2 BNR
14.3.3 Intuitive Surgical
14.3.4 Lagis Endosurgical
14.3.5 Richard Wolf
14.3.6 Sejong Medical
14.3.7 Surgical Innovations
14.3.8 Unimax Medical Systems
14.3.9 Applied Medical
