(PharmaNewsWire.Com, May 16, 2017 ) Asia-Pacific Laparoscopy Device Market research report, published by Market Data Forecast delineates that the market is growing with a CAGR of 8.23 % to reach USD 1.62 billion by 2021, from USD 1.09 billion in 2016, which amounts to a cumulative growth of USD 0.53 billion.
Laparoscopy is a technique performed through key hole insertion procedure and requires minimum instrumentation. Laparoscopic devices characterise the combination of multiple laparoscopic instruments into one, causing in reduced operating times, and also greater surgical efficiency. Driven by a skid of supplementary benefits, laparoscopy has developed into a surgical standard with ample number of open surgeries shifting gradually to this surgical procedure over the past few years.
The report also presents detailed analysis of multitude of factors affecting the Laparoscopy Device Market bearing either positive or negative outcomes. Some of those factors are Due to the increasing distresses about the occurrence of morbid obesity a huge population with unusual high body weight bariatric procedures are becoming a commonality Quick recovery reduced hospital side effects associated with the use of laparoscopic devices High cost of devices.
For granular level understanding the Laparoscopy Device Market is segmented based on type and application, each being provided with Market Size Estimations and Y-o-Y Forecasts. Based on Product Type market for Laparoscopy Device Market is segmented as Internal Closure Devices, Hand Access Instruments, Robotic Assisted Surgical System, Laparoscopes, Direct Energy Systems and Insufflation Devices. Based on Therapeutic Application market for Laparoscopy Device Market is segmented as Colorectal Surgery, Gynaecological Surgery, General Surgery, Bariatric Surgery and Urological Surgery. Based on End Users market for Laparoscopy Device Market is segmented as Hospitals, Clinics and Ambulatory Surgical Centers.
With India and China being the major economies which have unexplored customer base covered in the study the report also focuses on other regions like Japan, Australia, South Korea and Rest of Asia-Pacific.
Some of the major players in the laparoscopy market are Boston Scientific Corporation, ConMed, Karl Storz, Aesculap, Intuitive Surgical, Covidien, Olympus, Stryker, Ethicon US LLC and Smith & Medtronic, B. Braun Melsungen AG, Nephew. There are a numerous advantages to patient with laparoscopic surgery versus open procedure. Some of them are reduced hemorrhaging, that reduces chance of needing a blood transfusion. The Asia- Pacific Laparoscopy Device Market report offers wide-range of scope: Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries Know more about key areas of industry growth via detailed Segment-level analysis on basis of type, application, end-user along with market size forecasts and y-o-y estimations Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics Strategic Analyses containing PESTLE and Porters Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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