Laparoscopy Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product (Laparoscopes, Energy Systems, Trocars, Closure Devices, Suction/ Irrigation Device, Insufflation Device, Robot Assisted Systems, Hand Access Instruments), By Application (Bariatric Surgery, Urological Surgery, Gynecological Surgery, General Surgery, Colorectal Surgery, Other Surgeri

Growing Prevalence of Chronic Illness

Diabetes affects roughly 537 million individuals (20-79 years old), according to the International Diabetes Federation.

Growing Adoption of Advance Products

The growing adoption of advanced products such as medical laparoscopic robots, laparoscopes, laparoscopy reusable minimally invasive instruments, laparoscopic slide lock graspers, laparoscopic suction irrigation sets, specialty laparoscopic instruments, laparoscopic axial needle holders, laparoscopic storage solutions, laparoscopic responsible scissors, uterine manipulators, trocars/cannulas, laparoscopes, bipolar forceps, veress needle, baskets for laparoscopic instruments, laparoscopic suction irrigation, irrigation pump and some non-energy devices can further enhance the demand for laparoscopy market in the forecast period. Also, an increase in robot-assisted technology usage will enhance the demand for laparoscopy devices in the forecast period.

For instance, in June 2021, Ethicon, Inc., a subsidiary of Johnson & Johnson launched a new advanced bipolar energy device Enseal X1 Curved jaw tissue sealer that provides strong sealing and has more efficiency. ENSEAL X1 Curved jaw tissue sealer is the new advanced laparoscopic bipolar device which is suggested for gynecological, colorectal, thoracic procedures, and bariatric surgery.

Market Segmentation

Global Laparoscopy market can be segmented by product, application, end user, region and competitive landscape. Based on the product, the market can be segmented into Laparoscopes, Energy Systems, Trocars, Closure Devices, Suction/ Irrigation Device, Insufflation Device, Robot Assisted Systems, Hand Access Instruments. Based on application, the market can be segmented into Bariatric Surgery, Urological Surgery, Gynecological Surgery, General Surgery, Colorectal Surgery, Other Surgeries. Based on the End User, the market can be differentiated into Hospitals, Clinics, Ambulatory, Others. rica. Among the different countries, the United States dominated the global laparoscopy market on account of the increasing demand for minimally invasive surgeries in the country.

Market Players

Medtronic Plc, Stryker Corporation, Karl storz se & co. KG, Johnson & Johnson, Olympus Corporation, Conmed Corporation, B. Braun Melsungen AG, The Cooper Companies Inc., Richard Wolf Gmbh, Microline Surgical Inc.

Recent Developments

• In October 2021, Hologic,Inc. acquired Bolder Surgical, a privately held, U.S.-based company thatprovides advanced energy vessel sealing surgical devices.
• In April 2021,Erbe Elektromedizin acquired Maxer Endoscopy, a leading manufacturer of a widerange of endoscopic systems and instruments for laparoscopy, hysteroscopy,urology, pediatric surgery, arthroscopy, spine endoscopy, and ENT surgery.
• In April 2021,Advanced Medical Solutions Group received CE Mark approval for its laparoscopicgastrointestinal (“GI”) sealant device, Seal-G MIST.