Market Research Reports

Home Press Releases Laparoscopy Devices Market Expected to Reach USD 12.3 Billion Globally in 2019

Laparoscopy Devices Market Expected to Reach USD 12.3 Billion Globally in 2019



 
Posted on Jun 2, 2014
According to a new market report published by Transparency Market Research (www.transparencymarketresearch.com) “Laparoscopy Devices Market (Laparoscopes, Irrigation Systems, Insufflation Devices, Trocars, Sample Retrieval Bags, Wound Protectors, Internal Closure Devices, Gastric Bands, Hand-Assist Devices, and Energy Systems) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” the global laparoscopy devices market was valued at USD 7.5 billion in 2012 and is expected to grow at a CAGR of 7.1% from 2013 to 2019, to reach an estimated value of USD 12.3 billion by 2019.

Laparoscopy devices are increasingly used in various surgeries due to increasing scope of applications. The demand for these devices emanate from increasing demand for minimally invasive medical procedures and the convenience these devices offer to surgeons. Furthermore, the increasing trend towards usage of laparoscopy for medical procedures in infants and children is expected to expand the global market in coming years. The global laparoscopy devices market was valued at USD 7.5 billion in 2012 and is expected to grow at a CAGR of 7.1% from 2013 to 2019, to reach an estimated value of USD 12.3 billion by 2019.

laparoscopy-devices-market-revenue-by-equipment-2012
The global laparoscopy devices market has been segmented on the basis of equipment, applications and geography. On the basis of equipment, the market has been estimated for laparoscopes, irrigation systems, insufflation devices, trocars, sample retrieval bags, wound protectors, internal closure devices, gastric bands, hand-assist devices, and energy systems. The energy devices market is experiencing healthy growth and is expected to be the fastest growing segment in the global laparoscopy devices market. Replacement of traditional monopolar energy systems with advanced bipolar energy devices and more efficient ultrasonic energy systems is contributing to the accelerated growth of this market segment.

The global market for laparoscopy devices is driven due to benefits such as quick recovery and shorter hospital stay. The continuous advancements in the technology have evolved the laparoscopy devices in terms of ease of operation and ergonomic features. These devices find application in general surgery, bariatric surgery, colorectal surgeries, urological and gynecological surgeries. Among these surgeries, bariatric surgery is the largest application segment in the global laparoscopy devices market. The reason for this large share is the increasing obesity across the globe which have resulting into year-on-year rise in bariatric surgeries. In addition, the increasing number of cholecystectomy surgeries being performed using laparoscopes is also contributing significantly to the growth of overall laparoscopy devices market.

North America and Europe dominate the global laparoscopy devices market and are expected to maintain their lead position throughout the forecast period from 2013 to 2019. However, Latin America and Asia-Pacific regions are estimated to be most lucrative market in the future. The market drivers for these regions include large patient base, increasing disposable income, growing healthcare infrastructure and the most promising factor is the high prevalence of diseases in the countries of Latin America and Asia-Pacific.

Some of the key players in the laparoscopy devices market are Ethicon Endo-Surgery (a subsidiary of J&J), Olympus, Covidien, Intuitive Surgical, Boston Scientific Corporation, Stryker, Smith & Nephew, Karl Storz, Aesculap, and ConMed.


The global laparoscopy devices market is segmented as follows:

Laparoscopy devices market, by Equipment
  • Laparoscope
  • Irrigation system
  • Insufflation devices
  • Trocars
  • Sample retrieval bag
  • Wound protector
  • Internal closure devices
  • Gastric band
  • Hand-assist devices 
  • Energy Systems
Laparoscopy devices market, by Application
  • General Surgery
    • Cholecystectomies
    • Hernia repairs
    • Appendectomies
    • Antireflux surgeries
  • Bariatric Surgery
    • Gastric banding
    • Gastric bypass
    • Sleeve gastrectomies/li>
  • Colorectal Surgeries
  • Urological Surgeries
    • Prostatectomies
    • Nephrectomies
  • Gynecological Surgeries
Laparoscopy devices market, by Geography
  • North America
    • Laparoscope
    • Irrigation system
    • Insufflation devices
    • Trocars
    • Sample retrieval bag
    • Wound protector
    • Internal closure devices
    • Gastric band
    • Hand-assist devices
    • Energy Systems
  • Europe
    • Laparoscope
    • Irrigation system
    • Insufflation devices
    • Trocars
    • Sample retrieval bag
    • Wound protector
    • Internal closure devices
    • Gastric band
    • Hand-assist devices
    • Energy Systems
  • Latin America
    • Laparoscope
    • Irrigation system
    • Insufflation devices
    • Trocars
    • Sample retrieval bag
    • Wound protector
    • Internal closure devices
    • Gastric band
    • Hand-assist devices
    • Energy Systems
  • Asia-Pacific
    • Laparoscope
    • Irrigation system
    • Insufflation devices
    • Trocars
    • Sample retrieval bag
    • Wound protector
    • Internal closure devices
    • Gastric band
    • Hand-assist devices
    • Energy Systems
  • Rest of the World
    • Laparoscope
    • Laparoscope
    • Irrigation system
    • Insufflation devices
    • Trocars
    • Sample retrieval bag
    • Wound protector
    • Internal closure devices
    • Gastric band
    • Hand-assist devices
    • Energy Systems
About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. 

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Ms. Sheela AK

90 Sate Street, Suite 700
Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com/
 

Share This Article!  


Related Report

  • Glucose Biosensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

  • Glucose biosensors are the devices used for measuring the concentration of glucose in blood of diabetic patient with the help of sensitive protein present in glucose biosensor. Glucose biosensors have major application in point of care testing, home care diagnostics and research laboratories. On the basis of the method of detecting glucose concentration in blood, glucose biosensors market is categorized into two...
  • Intra-Dialytic Hypotension Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
  • Most of the people who are suffering from end-stage renal disease undergo hemodialysis, and is often accompanied by recurrent and troubling side-effects, which are referred to as intra-dialytic hypotension (IDH). IDH has been estimated to affect around 15% to 55% of all patients undergoing hemodialysis. Some of the major symptoms of IDH include nausea, diaphoresis and cramps, to more precarious conditions that include angina pectoris, arrhythmias, seizures,...
  • Infrared Imaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

  • The technique of capturing and converting invisible infrared images into visible images is called infrared imaging. Visible light is easily detected by the human eye, but to see infrared light it is important to have infrared cameras and imagers. These devices possess special sensors that operate without the need of visible light. The radiations in the infrared imaging technique are emitted by the targeted...
Payment
Copyright @ Transparency Market Research