Laparoscopy Devices Market by Product - Global Opportunity Analysis and Industry Forecast, 2014-2022

  • ID: 4227009
  • Report
  • Region: Global
  • 210 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • ConMed Corporation
  • Karl Storz GmbH & Co.KG
  • Medtronic PLC. (Covidien)
  • Olympus Corporation
  • Richard Wolf GmbH
  • Smith & Nephew PLC.
  • MORE

Laparoscopy Devices Market by Product (Laparoscopes, Energy Devices, Insufflators, Robot-Assisted Surgery Systems, Suction or Irrigation Systems, Closure Devices, Hand Instruments, Access Devices, Accessories, and Other Laparoscopy Devices), Application {General Surgery (Cholecystectomies, Hernia Repairs, Appendectomies, Anti-reflux Surgeries, and Others), Bariatric Surgery (Gastric Bypass, Sleeve gastrectomy, Gastric Banding, and Others), Gynecological Surgery, Urological Surgery, Colorectal Surgery, and Others}, and End User (Hospitals, Clinics, and Other End Users) - Global Opportunity Analysis and Industry Forecast, 2014-2022

Laparoscopy is a minimally invasive procedure used to examine organs inside the abdomen or pelvic cavities by inserting a laparoscope through a small incision in the abdomen. A laparoscope comprises a long, thin tube with high-intensity light, and high-resolution camera attached in the front. The camera transmits images to the monitor as it travels through the abdomen. Laparoscopy is used for the diagnosis and treatment of endometriosis, ectopic pregnancy, pelvic inflammatory disease (PID), cysts, and fibroids. Rise in cases of morbid obesity at the global level is the major factor that drives the laparoscopy market growth. In addition, growth in bariatric surgeries performed globally to reduce weight enhances the market growth. However, dearth of skilled professionals and high cost of these devices restrains the market growth. Further, increase in adoption of robot-assisted laparoscopic surgeries and introduction of innovative laparoscopic devices in the market offer lucrative opportunities. The global laparoscopy market was valued at $9,350 million in 2015, and is expected to reach $14,046 million by 2022, registering a CAGR of 5.8% from 2016 to 2022.

The global laparoscopy market is segmented on the basis of product, application, end user, and geography. Based on product, it is classified into laparoscopes, energy devices, insufflators, robot-assisted surgical systems, suction or irrigation systems, closure devices, hand instruments, access devices, accessories, and others. Based on application, it is categorized into general surgery, bariatric surgery, gynecological surgery, urological surgery, colorectal surgery, and others. General surgical application is further classified into cholecystectomies, hernia repairs, appendectomies, anti-reflux surgeries, and others, whereas bariatric surgical application is classified into gastric bypass, sleeve gastrectomy, gastric banding, and others. Furthermore, based on end user, it is divided into hospitals, clinics, and others. Energy devices account for the highest market share in 2015, and is anticipated lead throughout the forecast period and is attributed to the technological advancements in the field of energy devices that aids in more precise and safe laparoscopic procedures. Bariatric surgery application possesses high market potential, owing to the surge in number of gastric bypass, sleeve gastrectomy, and gastric banding surgeries.

Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America has accounted for the highest market share in 2015, and is expected to retain its dominance throughout the forecast period. This is attributed to factors, such as technologically advanced laparoscopy surgeries and significant increase in bariatric surgeries due to high number of obese population. However, Asia-Pacific is expected to emerge as a lucrative area with maximum growth potential, owing to the improvement in healthcare facilities, available disposable income, and rapidly developing economic conditions.

KEY MARKET BENEFITS

The study provides an in-depth analysis of the global laparoscopy market, with current trends and future estimations to elucidate the imminent investment pockets.
Comprehensive analysis of factors that drive and restrict the market growth is provided.
Comprehensive quantitative analysis of the industry from 2014 to 2022 is provided to enable stakeholders to capitalize on the prevailing market opportunities.
Extensive analyses of the key segments of the industry, which helps in understanding the type of products and technologies used globally.
Key market players and their strategies are provided to understand the competitive outlook of the market.

Key Market Segments

By Product Type

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

By Application

General Surgery
Cholecystectomies
Hernia Repairs
Appendectomies
Anti-Reflux Surgeries
Others
Bariatric Surgery
Gastric Bypass
Sleeve Gastrectomy
Gastric Banding
Others
Gynecological Surgery
Urological Surgery
Colorectal Surgery
Others

By End User

Hospitals
Clinics
Other End Users

By Geography

North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
Republic of South Africa
Rest of LAMEA
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ConMed Corporation
  • Karl Storz GmbH & Co.KG
  • Medtronic PLC. (Covidien)
  • Olympus Corporation
  • Richard Wolf GmbH
  • Smith & Nephew PLC.
  • MORE
CHAPTER 1. INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY BENEFITS
1.3.KEY MARKET SEGMENTS
1.4.RESEARCH METHODOLOGY

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools & models

CHAPTER 2. EXECUTIVE SUMMARY

2.1.CXO PERSPECTIVE

CHAPTER 3. MARKET OVERVIEW

3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FINDINGS

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.PORTERS FIVE FORCES ANALYSIS
3.4.REGULATION AND REIMBURSEMENT SCENARIO
3.5.MARKET DYNAMICS

3.5.1.Drivers

3.5.1.1.Growing preference for minimally invasive procedures
3.5.1.2.Increasing number of bariatric procedures using laparoscopes
3.5.1.3.Technologically advanced laparoscopy devices
3.5.1.4.Rising incidence of colorectal cancer

3.5.2.Restraints

3.5.2.1.Dearth of skilled professionals
3.5.2.2.High cost of laparoscopic devices and procedures
3.5.2.3.Post-operative risks associated with laparoscopy surgeries

3.5.3.Opportunities

3.5.3.1.Untapped emerging economies
3.5.3.2.Growing adoption of robot-assisted laparoscopy devices

CHAPTER 4. LAPAROSCOPY DEVICES MARKET, BY PRODUCT

4.1.OVERVIEW

4.1.1.Market size and forecast

4.2.LAPAROSCOPES

4.2.1.Key market trends
4.2.2.Growth factors and opportunities
4.2.3.Market size and forecast

4.3.ENERGY DEVICES

4.3.1.Key market trends
4.3.2.Key growth factors and opportunities
4.3.3.Market size and forecast

4.4.INSUFFLATORS

4.4.1.Key market trends
4.4.2.Key growth factors and opportunities
4.4.3.Market size and forecast

4.5.ROBOT-ASSISTED SURGICAL SYSTEMS

4.5.1.Key market trends
4.5.2.Key growth factors and opportunities
4.5.3.Market size and forecast

4.6.SUCTION OR IRRIGATION SYSTEMS

4.6.1.Key market trends
4.6.2.Key growth factors and opportunities
4.6.3.Market size and forecast

4.7.CLOSURE DEVICES

4.7.1.Key market trends
4.7.2.Key growth factors and opportunities
4.7.3.Market size and forecast

4.8.HAND INSTRUMENTS

4.8.1.Key market trends
4.8.2.Key growth factors and opportunities
4.8.3.Market size and forecast

4.9.ACCESS DEVICES

4.9.1.Key market trends
4.9.2.Key growth factors and opportunities
4.9.3.Market size and forecast

4.10.ACCESSORIES

4.10.1.Key market trends
4.10.2.Key growth factors and opportunities
4.10.3.Market size and forecast

4.11.OTHER LAPAROSCOPY DEVICES

4.11.1.Key market trends
4.11.2.Key growth factors and opportunities
4.11.3.Market size and forecast

CHAPTER 5. LAPAROSCOPY DEVICES MARKET, BY APPLICATION

5.1.OVERVIEW

5.1.1.Market size and forecast

5.2.GENERAL SURGERY

5.2.1.Market size and forecast
5.2.2.Cholecystectomies

5.2.2.1.Market size and Forecast

5.2.3.Hernia Repairs

5.2.3.1.Market size and Forecast

5.2.4.Appendectomies

5.2.4.1.Market size and Forecast

5.2.5.Antireflux Surgeries

5.2.5.1.Market size and Forecast

5.2.6.Other General Surgery

5.2.6.1.Market size and Forecast

5.3.BARIATRIC SURGERY

5.3.1.Market size and forecast
5.3.2.Gastric Bypass

5.3.2.1.Market size and Forecast

5.3.3.Sleeve Gastrectomies

5.3.3.1.Market size and Forecast

5.3.4.Gastric banding

5.3.4.1.Market size and Forecast

5.3.5.Other Bariatric Surgery

5.3.5.1.Market size and Forecast

5.4.GYNECOLOGICAL SURGERY

5.4.1.Market size and forecast

5.5.UROLOGICAL SURGERY

5.5.1.Market size and forecast

5.6.COLORECTAL SURGERY

5.6.1.Market size and forecast

CHAPTER 6. LAPAROSCOPY DEVICES MARKET, BY END USER

6.1.OVERVIEW

6.1.1.Market size and forecast

6.2.HOSPITALS

6.2.1.Market size and forecast

6.3.CLINICS

6.3.1.Market size and forecast

6.4.OTHERS

6.4.1.Market size and forecast

CHAPTER 7. LAPAROSCOPY DEVICES MARKET, BY GEOGRAPHY

7.1.OVERVIEW

7.1.1.Market size and forecast

7.2.NORTH AMERICA

7.2.1.Key market trends
7.2.2.Key growth factors and opportunities
7.2.3.Market size and forecast

7.2.3.1.U.S. market size and forecast
7.2.3.2.Mexico market size and forecast
7.2.3.3.Canada market size and forecast

7.3.EUROPE

7.3.1.Key market trends
7.3.2.Key growth factors and opportunities
7.3.3.Market size and forecast

7.3.3.1.UK market size and forecast
7.3.3.2.France market size and forecast
7.3.3.3.Germany market size and forecast
7.3.3.4.Rest of Europe market size and forecast

7.4.ASIA-PACIFIC

7.4.1.Key market trends
7.4.2.Key growth factors and opportunities
7.4.3.Market size and forecast

7.4.3.1.Japan market size and forecast
7.4.3.2.China market size and forecast
7.4.3.3.Australia market size and forecast
7.4.3.4.India market size and forecast
7.4.3.5.Rest of Asia-Pacific market size and forecast

7.5.LAMEA

7.5.1.Key market trends
7.5.2.Key growth factors and opportunities
7.5.3.Market size and forecast

7.5.3.1.Brazil market size and forecast
7.5.3.2.Saudi Arabia market size and forecast
7.5.3.3.South Africa market size and forecast
7.5.3.4.Rest of LAMEA market size and forecast

CHAPTER 8. COMPANY PROFILES

8.1.CONMED CORPORATION

8.1.1.Company overview
8.1.2.Operating business segments
8.1.3.Business performance
8.1.4.Key strategic moves and developments

8.2.JOHNSON & JOHNSON (ETHICON, INC.)

8.2.1.Company overview
8.2.2.Operating business segment
8.2.3.Business performance
8.2.4.Key strategic moves and developments

8.3.BOSTON SCIENTIFIC AND CORPORATION

8.3.1.Company overview
8.3.2.Operating business segments
8.3.3.Business performance
8.3.4.Key strategic moves and developments

8.4.KARL STORZ GMBH & CO. KG

8.4.1.Company overview
8.4.2.Operating business segments
8.4.3.Business performance
8.4.4.Key strategic moves and developments

8.5.OLYMPUS CORPORATION

8.5.1.Company overview
8.5.2.Operating business segments
8.5.3.Business performance
8.5.4.Key strategic moves and developments

8.6.B. BRAUN MELSUNGEN AG (AESCULAP, INC.)

8.6.1.Company overview
8.6.2.Operating business segments
8.6.3.Business performance
8.6.4.Key strategic moves and developments

8.7.SMITH & NEPHEW PLC.

8.7.1.Company overview
8.7.2.Operating business segments
8.7.3.Business performance

8.8.STRYKER CORPORATION

8.8.1.Company overview
8.8.2.Operating business segments
8.8.3.Business performance
8.8.4.Key strategic moves and developments

8.9.MEDTRONIC PLC (COVIDIEN)

8.9.1.Company overview
8.9.2.Operating business segments
8.9.3.Business performance
8.9.4.Key strategic moves and developments

8.10.RICHARD WOLF GMBH

8.10.1.Company overview
8.10.2.Operating business segments
8.10.3.Business performance
8.10.4.Key strategic moves and developments
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ConMed Corporation
  • Karl Storz GmbH & Co.KG
  • Medtronic PLC. (Covidien)
  • Olympus Corporation
  • Richard Wolf GmbH
  • Smith & Nephew PLC.
  • MORE
Laparoscopy Devices Market Report, forecasts that the global market was valued at $9,350 million in 2015 and is expected to garner $14,046 million by 2022, registering a CAGR of 5.8% during the forecast period 2016 - 2022. The energy devices segment accounted for more than one-fourth of the global market in 2015.

Laparoscopy is a minimally invasive surgical procedure that assists in the diagnosis of various abdominal and pelvic disorders, such as cysts, adhesions, fibroids, and infection that occurs in the female pelvic organs. Laparoscopy is also known as keyhole surgery, and it is performed by creating a small incision. Laparoscopes are inserted through a small incision in the abdomen, which captures pictures of the abdominal organs. This procedure also assists in performing a biopsy of tissues and surgeries, such as cholecystectomy (laparoscopic gallbladder surgery), appendectomies (removal of appendix) and anti-reflux surgery, treatment for acid reflux, also known as GERD (gastroesophageal reflux disease).

The key factors that drive the global laparoscopy devices market include rise in the number of obese population, growth in laparoscopic-based bariatric surgeries for weight reduction, and increase in technological advancements pertaining to these devices. However, lack of expertise in the laparoscopic surgeries and high costs associated with these devices and procedures are anticipated to restrain the market growth.

The energy devices segment is anticipated to maintain its dominance during the forecast period, accounting for maximum market revenue by 2022. This is due to increase in advancements pertaining to energy devices used for laparoscopy and large-scale incorporation of these devices in laparoscopic applications. However, the laparoscope segment is anticipated to grow at a rapid rate during the forecast period.

The robot-assisted surgical system is anticipated to grow at the highest CAGR, attributed to the ability of these devices to facilitate minimally invasive surgical procedures. The global acceptance for robotic-based surgery for hysterectomies, prostatectomies, nephrectomies, removal of fibroids, and others has increased the demand for laparoscopy-based surgeries.

Bariatric surgery application accounts for about one-fifth of the total share in 2015, driven by the growth in number of surgeries, such as gastric bypass, sleeve gastrectomy, and gastric banding. The growth in obese patients is expected to increase chances of related diseases, such as cardiovascular diseases, cancer, osteoarthritis, and diabetes, in turn increasing the demand for laparoscopic based bariatric surgery globally.

Key Findings of Laparoscopy Devices Market

Robot-assisted surgical system is anticipated to grow at the highest growth rate during the forecast period.
Bariatric surgery segment is expected to grow at a rapid rate, registering a CAGR of 7.0%.
North America dominated the global laparoscopic market, accounting for maximum share of overall market in 2015, owing to the high adoption of laparoscopic devices for bariatric surgeries.
Asia-Pacific is exhibited to grow at a high rate of 6.8%, supported by growth in India and China, due to strong demand for laparoscopic procedures.
Cholecystectomies accounted for the highest share in the general surgery segment in 2015, and is expected to maintain its dominance.
Hospitals was the highest revenue-generating end user segment in 2015, accounting for about half of the total share, and is expected to continue its dominance in future as well.
Asia-Pacific has witnessed highest growth rate for laparoscopy devices, and is expected to continue this trend, due to increase in healthcare infrastructural development and sizeable population, specifically in China and India.

Key players operating in the laparoscopy devices market have adopted product launch as their key strategy, and focus on launching innovative products to cater to the consumer requirements and strengthen their market share. The major companies profiled in the report include Johnson & Johnson (Ethicon, Inc.), Karl Storz GmbH & Co.KG, Boston Scientific Corporation, Medtronic PLC. (Covidien), Olympus Corporation, Richard Wolf GmbH, ConMed Corporation, B. Braun Melsungen AG (Aesculap, Inc.), Smith & Nephew PLC., and Stryker Corporation.
Note: Product cover images may vary from those shown
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  • Johnson & Johnson (Ethicon, Inc.)
  • Karl Storz GmbH & Co.KG
  • Boston Scientific Corporation
  • Medtronic PLC. (Covidien)
  • Olympus Corporation
  • Richard Wolf GmbH
  • ConMed Corporation
  • B. Braun Melsungen AG (Aesculap, Inc.)
  • Smith & Nephew PLC.
  • Stryker
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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