Market Overview:
The global laparoscopic instruments market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing number of bariatric surgeries, colorectal surgeries, and general surgeries across the globe. In addition, technological advancements in laparoscopic instruments are also contributing to the growth of this market. Based on type, the global laparoscopic instruments market is segmented into laparoscopes, insufflators, and energy devices. Laparoscopes accounted for the largest share of this market in 2017 and are expected to continue its dominance during the forecast period. This can be attributed to their growing use in various surgical procedures such as bariatric surgery, colorectal surgery, general surgery, gynecological surgery (including tubal ligation), and urological surgery (including prostatectomy).
Product Definition:
Laparoscopic instruments are a type of medical instrument that is used during laparoscopic surgery. This type of surgery is a minimally invasive procedure that uses small incisions to insert specialized instruments and a camera into the body. The use of laparoscopic instruments allows the surgeon to view the internal organs and tissues on a monitor, which can help them to perform the surgery more accurately.
Laparoscope:
Laparoscope is a flexible, hollow instrument that is inserted into the abdominal cavity through the mouth and nose. It allows surgeons to view internal body organs and tissues easily from outside which in turn helps them perform surgeries efficiently. The laparoscope was first used in 1731 by an Italian physician named Matteo Grisoni for examination of pelvis during surgery.
Insufflator:
The insufflation device is used to fill the abdominal cavity with carbon dioxide prior to performing a laparoscopic procedure. The insufflation device consists of a cannula connected to an air compressor. The pressure in the cannula can be increased or decreased as per requirement by means of control valves attached to it.
Insufflation devices are widely used in various surgical procedures such as hernia repair, gallbladder removal,.
Application Insights:
The general surgery segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. Increasing number of laparoscopic gallbladder surgeries being performed as an alternative to conventional open surgeries is one of the key factors driving segment growth. Furthermore, increasing adoption of these devices for weight loss procedures such as gastric bypass and gastric sleeve among other obesity treatment procedures will drive demand further.
Increasing prevalence of chronic diseases such as cardiovascular diseases, cancer, diabetes mellitus type 2 & 3 are expected to drive demand for laparoscopic instruments in various applications across the globe. In addition, growing awareness about these devices amongst healthcare professionals coupled with rising incidences related with Laparoscopic Bariatric Surgery (LBS) will fuel market growth during the forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing prevalence of colorectal cancer, rising obesity rates, and growing adoption of minimally invasive surgeries for treatment. According to the American Cancer Society, Inc., in 2018 there will be an estimated 1,688 new cases of colon cancer and 397 new cases of rectal cancer in the U.S. Furthermore, according to a study published by NCBI; Gastrointestinal Tumors Prevalence Among U.S Adults Aged 20 & More From 2005 To 2015 found that about 2%of adults aged 20 years and above had been diagnosed with gastrointestinal tumors during the study period which included stomach cancers (1%), liver cancers (0.6%) pancreas cancers (0%) adenocarcinoma kidney(0%).
Growth Factors:
- Increasing demand for minimally invasive surgeries: Laparoscopic instruments are used in minimally invasive surgeries, which are becoming increasingly popular due to the benefits they offer over traditional open surgery. This is driving demand for laparoscopic instruments and is likely to continue doing so in the future.
- Technological advancements: The laparoscopic instrument market is constantly evolving with new technological advancements being made regularly. This has resulted in better and more efficient devices that are able to provide greater accuracy and precision during surgery. This is attracting more surgeons to use laparoscopic instruments and is fuelling growth of the market overall.
- Rising incidence of obesity: Obesity rates are on the rise globally, leading to an increase in the number of people who require bariatric surgery – a type of surgery that often uses laparoscopic instruments. As this trend continues, demand for these devices will also continue to grow accordingly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laparoscopic Instruments Market Research Report
By Type
Laparoscope, Insufflator, Energy Device
By Application
Bariatric Surgery, Colorectal Surgery, General Surgery
By Companies
Ethicon, Olympus, Karl Storz, Stryker, Richard Wolf, Microline Surgical, Smith & Nephew, Medtronic, Cook Medical, Conmed
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Laparoscopic Instruments Market Report Segments:
The global Laparoscopic Instruments market is segmented on the basis of:
Types
Laparoscope, Insufflator, Energy Device
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
Bariatric Surgery, Colorectal Surgery, General Surgery
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:
- Ethicon
- Olympus
- Karl Storz
- Stryker
- Richard Wolf
- Microline Surgical
- Smith & Nephew
- Medtronic
- Cook Medical
- Conmed
Highlights of The Laparoscopic Instruments 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:
- Laparoscope
- Insufflator
- Energy Device
- By Application:
- Bariatric Surgery
- Colorectal Surgery
- General Surgery
- 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 Instruments 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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- Correctly Positioning New Products
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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 instruments are surgical tools that are inserted through a small incision in the abdomen. They allow surgeons to see and operate inside the body without having to go through the large opening of a traditional surgery.
Some of the major companies in the laparoscopic instruments market are Ethicon, Olympus, Karl Storz, Stryker, Richard Wolf, Microline Surgical, Smith & Nephew, Medtronic, Cook Medical, Conmed.
The laparoscopic instruments market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laparoscopic Instruments Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Laparoscopic Instruments Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laparoscopic Instruments Market - Supply Chain
4.5. Global Laparoscopic Instruments Market Forecast
4.5.1. Laparoscopic Instruments Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laparoscopic Instruments Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laparoscopic Instruments Market Absolute $ Opportunity
5. Global Laparoscopic Instruments Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Laparoscopic Instruments Market Size and Volume Forecast by Type
5.3.1. Laparoscope
5.3.2. Insufflator
5.3.3. Energy Device
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laparoscopic Instruments Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Laparoscopic Instruments Market Size and Volume Forecast by Application
6.3.1. Bariatric Surgery
6.3.2. Colorectal Surgery
6.3.3. General Surgery
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laparoscopic Instruments Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Laparoscopic Instruments Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Laparoscopic Instruments Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Laparoscopic Instruments Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Laparoscopic Instruments Demand Share Forecast, 2019-2029
9. North America Laparoscopic Instruments Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Laparoscopic Instruments Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Laparoscopic Instruments Market Size and Volume Forecast by Application
9.4.1. Bariatric Surgery
9.4.2. Colorectal Surgery
9.4.3. General Surgery
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laparoscopic Instruments Market Size and Volume Forecast by Type
9.7.1. Laparoscope
9.7.2. Insufflator
9.7.3. Energy Device
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Laparoscopic Instruments Demand Share Forecast, 2019-2029
10. Latin America Laparoscopic Instruments Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Laparoscopic Instruments Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Laparoscopic Instruments Market Size and Volume Forecast by Application
10.4.1. Bariatric Surgery
10.4.2. Colorectal Surgery
10.4.3. General Surgery
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laparoscopic Instruments Market Size and Volume Forecast by Type
10.7.1. Laparoscope
10.7.2. Insufflator
10.7.3. Energy Device
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Laparoscopic Instruments Demand Share Forecast, 2019-2029
11. Europe Laparoscopic Instruments Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Laparoscopic Instruments Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Laparoscopic Instruments Market Size and Volume Forecast by Application
11.4.1. Bariatric Surgery
11.4.2. Colorectal Surgery
11.4.3. General Surgery
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laparoscopic Instruments Market Size and Volume Forecast by Type
11.7.1. Laparoscope
11.7.2. Insufflator
11.7.3. Energy Device
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Laparoscopic Instruments Demand Share, 2019-2029
12. Asia Pacific Laparoscopic Instruments Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Laparoscopic Instruments Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Laparoscopic Instruments Market Size and Volume Forecast by Application
12.4.1. Bariatric Surgery
12.4.2. Colorectal Surgery
12.4.3. General Surgery
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laparoscopic Instruments Market Size and Volume Forecast by Type
12.7.1. Laparoscope
12.7.2. Insufflator
12.7.3. Energy Device
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Laparoscopic Instruments Demand Share, 2019-2029
13. Middle East & Africa Laparoscopic Instruments Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Laparoscopic Instruments Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Laparoscopic Instruments Market Size and Volume Forecast by Application
13.4.1. Bariatric Surgery
13.4.2. Colorectal Surgery
13.4.3. General Surgery
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laparoscopic Instruments Market Size and Volume Forecast by Type
13.7.1. Laparoscope
13.7.2. Insufflator
13.7.3. Energy Device
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Laparoscopic Instruments Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Laparoscopic Instruments Market: Market Share Analysis
14.2. Laparoscopic Instruments Distributors and Customers
14.3. Laparoscopic Instruments Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ethicon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Olympus
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Karl Storz
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Stryker
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Richard Wolf
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Microline Surgical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Smith & Nephew
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Medtronic
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cook Medical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Conmed
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
