The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s laparoscopy devices market report forecasts the laparoscopy devices market size to grow to $15.96 Billion by 2027, with a CAGR (compound annual growth rate) of 7%.

Learn More On The Laparoscopy Devices Market Report 2023 – https://www.thebusinessresearchcompany.com/report/laparoscopy-devices-global-market-report

Laparoscopy Devices Market Size Forecast
The global laparoscopy devices market is expected to grow from $11.29 billion in 2022 to $12.17 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global laparoscopy devices market size is expected to reach $15.96 billion in 2027 at a CAGR of 7.0%.

North America held the largest laparoscopy devices market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Laparoscopy Devices Market Driver ­– Increase In The Prevalence Of Chronic Diseases
For example, the National Library of Medicine, a US-based medical library run by the federal government, projected in January 2023 that by 2050, the number of people aged 50 and older with at least one chronic illness would increase by 99.5%, rising from 71.52 million in 2020 to 142.66 million. As a result, the rising frequency of chronic diseases is propelling the laparoscopic devices market forward.

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Key Laparoscopy Devices Market Trend – Introducing Innovative Laparoscopic Devices
To maintain their market position, major businesses in the laparoscopy devices market are focusing on producing revolutionary laparoscopic devices. Ethicon, a US-based manufacturer of surgical sutures and wound closure devices, for example, introduced the Enseal X1 curved jaw tissue sealer in June 2021. This new, more advanced laparoscopic instrument offers stronger sealing, improved tissue access, and higher procedural efficiency. The gadget is suitable for thoracic, gynaecological, bariatric, and colorectal procedures. It offers independent seal and cutting capabilities, as well as a 360-degree continuous shaft rotation for easy access to the desired tissue. Furthermore, the gadget employs Ethicon’s adaptive tissue technology, which allows it to continuously detect changes in the tissue’s state and respond with the appropriate amount of energy to reduce lateral thermal spread.

Laparoscopy Devices Market Segment
1) By Product: Laparoscopes, Energy Devices, Insufflators, Robot-Assisted Surgery Systems, Suction or Irrigation Systems, Closure Devices, Hand Instruments, Access Devices, Accessories, Other Products
2) By Application: General Surgery, Bariatric Surgery, Gynecological Surgery
3) By End User: Hospitals, Clinics, Other End Users

Laparoscopy Devices Market Major Players and Strategies
Major players in the laparoscopy devices market are B. Braun, Boston Scientific Corporation, CONMED Corporation, Ethicon Inc., Karl Storz SE & Co. KG, Medtronic PLC, Olympus Corporation, Richard Wolf GmbH, Smith & Nephew PLC, Stryker Corporation, Intuitive Surgical Inc., The Cooper Companies Inc., Microline Surgical Inc., Becton, Dickinson and Company, and Welfare Medical Ltd.

Hologic, a medical technology business based in the United States, paid $160 million for Bolder Surgical in November 2021. Hologic’s surgical portfolio would be expanded with the addition of laparoscopic vascular sealing, dividing, and dissecting devices as a result of this acquisition. It would also allow the company to market Bolder’s gadgets to OB/GYN (obstetrics and gynaecology) professionals. Bolder Surgical is a manufacturer and creator of surgical instruments for sealing blood arteries during laparoscopic surgeries, as well as dividing and dissecting tissues, based in the United States.

The Laparoscopy Devices Global Market Report 2023 covers regional data on laparoscopy devices market size, laparoscopy devices market trends and drivers, opportunities, strategies, and laparoscopy devices market competitor analysis. The countries covered in the laparoscopy devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Rigid endoscopes with telescopic rod lens systems that are commonly attached to single-chip or three-chip video cameras are referred to as laparoscopy equipment. The use of laparoscopic equipment allows the surgeon to access the abdomen and pelvis without making large skin incisions.

View More Reports Related To The Laparoscopy Devices Market –
Endoscopy Devices And Equipment Global Market Report 2023
Minimal Invasive Surgery Devices Global Market Report 2023
Medical Device Contract Manufacturing Global Market Report 2023

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