The global laparoscopy devices market is expected to reach USD 17.71 billion by 2030, at a CAGR of 7.04% from 2022 to 2030. The increasing efficiency of laparoscopic procedures and growing demand for minimally invasive medical procedures are driving the expansion of the laparoscopy devices market.
Laparoscopic instruments are typically utilized during laparoscopy and permit the surgeon to operate through small incisions, usually between 3 to 5 mm. Laparoscopy is known as minimally invasive surgery. It allows for less pain, faster recovery, shorter hospital stays, and more minor scars than traditional (open) surgery. Laparoscopy devices are routinely utilized in the therapeutic and diagnosis methods of different diseases such as pancreatic cancer, prostatectomy, and gastrointestinal disorders. Laparoscopic instruments refer to the medical equipment for laparoscopic surgery accessing the abdominal and pelvic region. Some commonly utilized laparoscopic devices include trocars, cannulas, incision closure devices, rigid scopes, knot pushers, forceps, retractors, bowel, grasper, and surgical mesh.
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The rising demand for minimally invasive surgeries drives the market growth. This is due to significant advantages associated with minimal surgical procedures like a short hospital stay, small or no incision, less pain, less scarring, quick recovery time, and reduced blood loss. Further, the increasing funding & favorable policies offered by the government of different nations are also propelling the market growth. Additionally, the rising prevalence of colorectal cancer, the growing prevalence of obesity, and the ever-increasing number of local manufacturers are also helping to boost the market growth during the forecast period. Moreover, the raised research collaboration & agreements between diverse manufacturers are also propelling the market growth during the forecast period. Also, the increasing popularity of non-robotic minimally invasive surgery & expanding aging population is boosting the growth of the laparoscopy devices market.
The shortage of trained healthcare professionals and the lack of reimbursement in emerging markets are restraining market growth. Further, post-impact laparoscopic surgery, the high cost of treatment, and poor healthcare systems in low & middle-income countries are expected to hinder the market growth during the forecast period.
The growing healthcare industry in developing markets is due to the rising private & public initiatives undertaken by market stakeholders across the nations. Further, the increasing healthcare expenditure, continuous improvements in healthcare infrastructure, growing patient population, and strengthening distribution webs of industry leaders are also helping to drive market growth in emerging countries. Moreover, the availability of high-quality surgical remedies at lower prices than in developed industries has enticed many medical tourists boosting the market growth. In addition, the growing demand for data-integrated procedures is anticipated to offer lucrative opportunities for market growth.
The global laparoscopy devices market has been segmented based on application, product, end-user, and region.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region emerged as the largest market for the global laparoscopy devices market, with a 45.36% share of the market revenue in 2021.
North America Region Laparoscopy Devices Market Share in 2021 - 48.35%
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The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global laparoscopy devices industry.
As per The Brainy Insights, the size of the laparoscopy devices market was valued at USD 9.60 billion in 2021 to USD 17.71 billion by 2030.
Global laparoscopy devices market is growing at a CAGR of 7.04% during the forecast period 2022-2030.
The global laparoscopy devices market has been segmented based on application, product, end-user, and regions. The general surgery segment led application segment in 2021. The energy systems segment led the product segment in 2021.
North America region emerged as the largest market for the laparoscopy devices.
The market's growth will be influenced by the growing demand for minimally invasive medical procedures.
The shortage of trained healthcare professionals could hamper the market growth.
The increasing healthcare markets in emerging economies will provide huge opportunities to the market.
Key players are ConMed Corporation, B. Braun Melsungen AG, Karl Storz SE & CO. KG, Boston Scientific Corporation, Johnson & Johnson, Smith & Nephew Plc, Olympus Corporation, Stryker Corporation, Richard Wolf GmbH, Intuitive Surgical, Medtronic PLC
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Application
4.3.2. Market Attractiveness Analysis By Product
4.3.3. Market Attractiveness Analysis By End-User
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The enhancements in equipment capabilities in laparoscopic instruments
5.2.2. The increased prevalence of chronic illnesses
5.2.3. The lack of reimbursement in emerging markets
5.3. Restraints
5.3.1. The shortage of trained healthcare professionals
5.3.2. The high cost of treatment
5.4. Opportunities
5.4.1. The increasing healthcare markets in emerging economies
5.4.2. The proliferation in the adoption of robot-assisted laparoscopic surgeries
5.4.3. The introduction of innovative laparoscopic tools
6. Global Laparoscopy Devices Market Analysis and Forecast, By Application
6.1. Segment Overview
6.2. Bariatric Surgery
6.3. Colorectal Surgery
6.4. General Surgery
6.5. Urological Surgery
6.6. Others
7. Global Laparoscopy Devices Market Analysis and Forecast, By Product
7.1. Segment Overview
7.2. Robot Assisted Systems
7.3. Laparoscopes
7.4. Energy Systems
7.5. Hand Access Instruments
7.6. Suction or Irrigation Systems
7.7. Closure Devices
7.8. Others
8. Global Laparoscopy Devices Market Analysis and Forecast, By End-User
8.1. Segment Overview
8.2. Clinics
8.3. Hospitals
8.4. Others
9. Global Laparoscopy Devices Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Laparoscopy Devices Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Laparoscopy Devices Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. ConMed Corporation
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. B. Braun Melsungen AG
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Karl Storz SE & CO. KG
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Boston Scientific Corporation
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Johnson & Johnson
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Smith & Nephew Plc
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Olympus Corporation
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Stryker Corporation
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Richard Wolf GmbH
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Intuitive Surgical
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Medtronic PLC
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Microline Surgical, Inc.
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. SCHÖLLY Fiberoptic GmbH
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Mindray Medical International Limited
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Victor Medical Instruments Co., Ltd
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
11.16. Richard Wolf GmbH
11.16.1. Business Overview
11.16.2. Company Snapshot
11.16.3. Company Market Share Analysis
11.16.4. Company Product Portfolio
11.16.5. Recent Developments
11.16.6. SWOT Analysis
11.17. Peters Surgical
11.17.1. Business Overview
11.17.2. Company Snapshot
11.17.3. Company Market Share Analysis
11.17.4. Company Product Portfolio
11.17.5. Recent Developments
11.17.6. SWOT Analysis
11.18. Cook Medical
11.18.1. Business Overview
11.18.2. Company Snapshot
11.18.3. Company Market Share Analysis
11.18.4. Company Product Portfolio
11.18.5. Recent Developments
11.18.6. SWOT Analysis
11.19. CONMED Corporation
11.19.1. Business Overview
11.19.2. Company Snapshot
11.19.3. Company Market Share Analysis
11.19.4. Company Product Portfolio
11.19.5. Recent Developments
11.19.6. SWOT Analysis
11.20. AMNOTEC International Medical
11.20.1. Business Overview
11.20.2. Company Snapshot
11.20.3. Company Market Share Analysis
11.20.4. Company Product Portfolio
11.20.5. Recent Developments
11.20.6. SWOT Analysis
List of Table
1. Global Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
2. Global Bariatric Surgery, Laparoscopy Devices Market, By Region, 2019-2030 (USD Billion)
3. Global Colorectal Surgery, Laparoscopy Devices Market, By Region, 2019-2030 (USD Billion)
4. Global General Surgery, Laparoscopy Devices Market, By Region, 2019-2030 (USD Billion)
5. Global Urological Surgery, Laparoscopy Devices Market, By Region, 2019-2030 (USD Billion)
6. Global Others, Laparoscopy Devices Market, By Region, 2019-2030 (USD Billion)
7. Global Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
8. Global Robot Assisted Systems, Laparoscopy Devices Market, By Region, 2019-2030 (USD Billion)
9. Global Laparoscopes, Laparoscopy Devices Market, By Region, 2019-2030 (USD Billion)
10. Global Energy Systems, Laparoscopy Devices Market, By Region, 2019-2030 (USD Billion)
11. Global Hand Access Instruments, Laparoscopy Devices Market, By Region, 2019-2030 (USD Billion)
12. Global Suction or Irrigation Systems, Laparoscopy Devices Market, By Region, 2019-2030 (USD Billion)
13. Global Closure Devices, Laparoscopy Devices Market, By Region, 2019-2030 (USD Billion)
14. Global Others, Laparoscopy Devices Market, By Region, 2019-2030 (USD Billion)
15. Global Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
16. Global Clinics, Laparoscopy Devices Market, By Region, 2019-2030 (USD Billion)
17. Global Hospitals, Laparoscopy Devices Market, By Region, 2019-2030 (USD Billion)
18. Global Others, Laparoscopy Devices Market, By Region, 2019-2030 (USD Billion)
19. North America Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
20. North America Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
21. North America Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
22. U.S. Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
23. U.S. Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
24. U.S. Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
25. Canada Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
26. Canada Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
27. Canada Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
28. Mexico Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
29. Mexico Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
30. Mexico Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
31. Europe Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
32. Europe Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
33. Europe Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
34. Germany Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
35. Germany Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
36. Germany Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
37. France Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
38. France Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
39. France Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
40. U.K. Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
41. U.K. Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
42. U.K. Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
43. Italy Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
44. Italy Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
45. Italy Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
46. Spain Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
47. Spain Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
48. Spain Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
49. Asia Pacific Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
50. Asia Pacific Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
51. Asia Pacific Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
52. Japan Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
53. Japan Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
54. Japan Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
55. China Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
56. China Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
57. China Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
58. India Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
59. India Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
60. India Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
61. South America Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
62. South America Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
63. South America Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
64. Brazil Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
65. Brazil Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
66. Brazil Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
67. Middle East and Africa Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
68. Middle East and Africa Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
69. Middle East and Africa Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
70. UAE Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
71. UAE Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
72. UAE Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
73. South Africa Laparoscopy Devices Market, By Application, 2019-2030 (USD Billion)
74. South Africa Laparoscopy Devices Market, By Product, 2019-2030 (USD Billion)
75. South Africa Laparoscopy Devices Market, By End-User, 2019-2030 (USD Billion)
List of Figures
1. Global Laparoscopy Devices Market Segmentation
2. Global Laparoscopy Devices Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top- Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Laparoscopy Devices Market Attractiveness Analysis By Application
9. Global Laparoscopy Devices Market Attractiveness Analysis By Product
10. Global Laparoscopy Devices Market Attractiveness Analysis By End-User
11. Global Laparoscopy Devices Market Attractiveness Analysis By Region
12. Global Laparoscopy Devices Market: Dynamics
13. Global Laparoscopy Devices Market Share By Application (2022 & 2030)
14. Global Laparoscopy Devices Market Share By Product (2022 & 2030)
15. Global Laparoscopy Devices Market Share By End-User (2022 & 2030)
16. Global Laparoscopy Devices Market Share By Regions (2022 & 2030)
17. Global Laparoscopy Devices Market Share By Company (2021)
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global laparoscopy devices based on below mentioned segments:
Global Laparoscopy Devices Market by Application:
Global Laparoscopy Devices Market by Product:
Global Laparoscopy Devices Market by End-User:
Global Laparoscopy Devices by Region:
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