(PharmaNewsWire.Com, March 19, 2018 ) The report on " Laparoscopy Device Market by Product Type (Laparoscopes, Hand Access Instruments, Robotic Assisted Surgical System, Internal Closure Devices, Direct Energy Systems and Insufflation Devices) by Therapeutic Application (General Surgery, Colorectal Surgery, Gynaecological Surgery, Bariatric Surgery and Urological Surgery), by End Users (Hospitals, Clinics and Ambulatory Surgical Centers) and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)", is published by Market Data Forecast. )".
The Laparoscopy Device Market is projected to reach $11.14 billion by 2021 from an estimated USD $7.78 billion in 2016, at a CAGR of 7.45%. The prominent factors such as increasing technological advancements in the field of gynecology are boosting the market growth. Increase in the demand for laparoscopic-based bariatric surgeries for weight reduction and raising geriatric population across the globe are fuelling the market growth. The most important factors such as raising interest for scarless surgeries and the increasing obese population are driving the growth of the market. However, high costs of laparoscopic devices and lack of skilled expertise in the laparoscopic surgeries are hindering the growth of the market.
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Direct energy system devices segment are predicted to be the largest share of the market in 2016
The fragmentation of Global Laparoscopy device market is done on the basis of the Therapeutic Application, product, and end-users. Under the categorization of Therapeutic Application, the market is segregated into general surgery, colorectal surgery, urological surgery, gynaecological surgery, and bariatric surgery.
On the idea of end-users, the Laparoscopy device market is segregated into ambulatory surgical centers, hospitals, clinics. On the origin of product, the market is divided into robotic assisted surgical system, insufflation devices, internal closure devices, direct energy systems, hand access instruments, laparoscopes. The direct energy systems sub segment from product segment accounted the largest market share in 2016.
The market can be studied under geographical segmentation into Europe, and Asia-Pacific and the Middle-East and Africa regions, North America. North America accounted for the largest share of the Laparoscopy device market in 2016. Due to rise in geriatric population and increasing abdominal disorders among individuals, the Asia Pacific accounted the significant growth of the market.
The various players in the Laparoscopy device market include B. Braun Melsungen AG, Boston Scientific Corporation, Medtronic, ConMed, Smith & Nephew, Olympus, Ethicon US LLC, Karl Storz, Stryker, Aesculap, Intuitive Surgical, and Covidien. About Market Data Forecast
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