Laparoscopy Device Market Report: Trends, Forecast and Competitive Analysis to 2030

Laparoscopy Device Market Report: Trends, Forecast and Competitive Analysis to 2030

Laparoscopy Device Trends and Forecast

The future of the global laparoscopy device market looks promising with opportunities in the hospital and clinic markets. The global laparoscopy device market is expected to reach an estimated $19.5 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are growing prevalence of chronic diseases, increasing use of this device in diagnosis and therapeutic procedures, and rising demand for robot-assisted laparoscopic surgeries.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Laparoscopy Device by Segment

The study includes a forecast for the global laparoscopy device by product, application, end use industry, and region

Laparoscopy Device Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Laparoscopes
• Energy Devices
• Insufflators
• Robot-Assisted Surgery Systems
• Suction or Irrigation Systems
• Closure Devices
• Hand Instruments
• Access Devices
• Accessories
• Others

Laparoscopy Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• General Surgery
• Bariatric Surgery
• Gynecological Surgery

Laparoscopy Device Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals
• Clinics
• Others

Laparoscopy Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Laparoscopy Device Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies laparoscopy device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the laparoscopy device companies profiled in this report include-

• B. Braun Melsungen
• Boston Scientific
• Conmed
• Johnson & Johnson
• Karl Storz
• Medtronic
• Olympus
• Richard Wolf
• Smith & Nephew
• Stryker

Laparoscopy Device Market Insights

Lucintel forecast that energy device is expected to witness highest growth over the forecast period due to increasing usage of this device in laparoscopic procedures to treat wounds, improve efficiency, and reduce variability.

Within this market, hospital will remain the largest segment due to growing number of patients are getting laparoscopic treatments, such as bariatric surgeries, owing to easy crises management during surgery and availability of vvarious treatment alternatives in such institutions.

North America is expected to witness highest growth over the forecast period due to growing preference for laparoscopic surgeries among population, increasing demand for bipolar energy devices among local hospitals, and presence of key players in the region.

Features of the Global Laparoscopy Device Market

Market Size Estimates: Laparoscopy device market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Laparoscopy device market size by product, application, end use industry, and region in terms of value ($B).

Regional Analysis: Laparoscopy device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, applications, end use industries, and regions for the laparoscopy device market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the laparoscopy device market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the laparoscopy device market size?

Answer: The global laparoscopy device market is expected to reach an estimated $19.5 billion by 2030.

Q.2 What is the growth forecast for laparoscopy device market?

Answer: The global laparoscopy device market is expected to grow with a CAGR of 5.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the laparoscopy device market?

Answer: The major drivers for this market are growing prevalence of chronic diseases, increasing use of this device in diagnosis and therapeutic procedures, and rising demand for robot-assisted laparoscopic surgeries.

Q4. What are the major segments for laparoscopy device market?

Answer: The future of the laparoscopy device market looks promising with opportunities in the hospital and clinic markets.

Q5. Who are the key laparoscopy device market companies?

Answer: Some of the key laparoscopy device companies are as follows:

• B. Braun Melsungen
• Boston Scientific
• ConMed
• Johnson & Johnson
• Karl Storz
• Medtronic
• Olympus
• Richard Wolf
• Smith & Nephew
• Stryker

Q6. Which laparoscopy device market segment will be the largest in future?

Answer: Lucintel forecast that energy device is expected to witness highest growth over the forecast period due to increasing usage of this device in laparoscopic procedures to treat wounds, improve efficiency, and reduce variability.

Q7. In laparoscopy device market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to growing preference for laparoscopic surgeries among population, increasing demand for bipolar energy devices among local hospitals, and presence of key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the laparoscopy device market by product (laparoscope, energy devices, insufflators,robot-assisted surgery systems, suction or irrigation systems, closure devices, hand instruments, access devices, accessories, and others), application (general surgery, bariatric surgery, and gynecological surgery), end use industry (hospitals, clinics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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