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I AgreeLaparoscopic surgical procedures have been around for several decades now, but started gaining popularity for minimally invasive gynecological procedures perhaps in the 1970s. Over the subsequent decades, adoption of cutting-edge video monitoring technologies and advances in general surgery instrumentation had fueled enormous enthusiasm in laparoscopic gynecological procedures among general surgeons. Use of advanced techniques in laparoscopic gynecological procedures market especially in laparoscopic cholecystectomy arose due to several advantages over laparotomy in gynecologic procedures, notably less patient discomfort, reduced hospital stay, and quicker recovery. Over the decades, the use of laparoscopic gynecological procedures widened to perform procedures in hysterectomy, myomectomy, ovarian cystectomy, and treatment of ectopic pregnancy.
Programs for laparoscopically treated adnexal masses and laparoscopic appendectomy have grown in numbers worldwide due to benefits of reduced morbidity and pain. In the coming years, role of such procedures for propaedeutics of gynecological diagnosis has also evolved, which drive the evolution of in laparoscopic gynecological procedures market.
The study on the laparoscopic gynecological procedures market presents a quantitative insight into key industry trends and key technological advances that offer steady revenue prospects. The assessment in the report delves deeper into new market avenues that will arise from such trends in various regions.
Gynecologic laparoscopies have risen in numbers in hospital settings in developing and developed economies, with laparoscopies used to both in the treatment and diagnosis. The trend has fueled the valuation of the laparoscopic gynecological procedures market. Growing focus on improving health of the female reproductive system is a key driver for growing indications of gynecologic laparoscopies, notably evident in rising demand in endometriosis and hysterectomy.
Past decade has seen the increasing acceptance of laparoscopy in the management of ovarian cysts, paving way to substantial revenue prospects in the market. Surgeons have shown keen interest in using single incision laparoscopic surgery ovarian cystectomy to improve overall outcomes. Techniques in robot-assisted surgeries have evolved for younger adults, and have gained acceptance due to their benefits in better cosmesis and reduced post-operative pain. The adoption of advanced techniques is enriching the laparoscopic gynecological procedures market landscape.
Medtech companies are engaging in partnerships, strategic mergers, and acquisitions to consolidate their shares or position in the laparoscopic gynecological procedures market. Mergers in particular are looked with special enthusiasm by robot-assisted surgery device maker aspiring to gain competitive edge in the in laparoscopic gynecological procedures market. A recent merger that will pave way to new opportunities in robot-assisted procedures market is entered upon by Memic Innovative Surgery and MedTech Acquisition Corporation. The two companies have agreed to combine the operations and run the business under one head. Such developments spur the penetration of surgical robotics in gynecology.
Some of the key players in the laparoscopic gynecological procedures market are CONMED Corp., Intuitive Surgical, Welfare Medical Ltd., Richard Wolf GmbH, The Cooper Companies, Inc., Olympus Corp., Johnson and Johnson, Stryker Corp., and Medtronic.
Advancements in endoscopes used and increasing expertise of surgeons in tools used in laparoscopic surgery have aided the expansion of the laparoscopic gynecological procedures market landscape. The high incidence of ovarian cyst incidence in the U.S. and advancements in the instruments used in single incision laparoscopic surgery (SILS) in North America healthcare systems are factors that have enriched the value chain of the regional market.
Another major factor is the evolving regulatory landscape that favors reimbursement of laparoscopic procedures. Asia Pacific is expected to be a potentially lucrative market in near-term. Rise in adoption of advanced instrumentation for gynecological surgeries in Asia is expected to open up incredible avenues for players in the global laparoscopic gynecological procedures market. In recent years, key economies in the region have witnessed intense laparoscopic training in medical residency programs in gynecology.
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