Laparoscopic Instruments Market Size, Industry Analysis
Report, Regional Outlook from 2017 to 2024.: Global
Market Insights Inc.
The research report “Laparoscopic Instruments Market Size, Industry Analysis
Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, China, India,
Japan, Australia, Brazil, Mexico, South Africa, Saudi Arabia), Application
Development Potential, Price Trends, Competitive Market Share & Forecast, 2017
– 2024”, by Global Market Insights, Inc. says Laparoscopic Instruments Market size will
witness a strong growth from 2017 to 2024 with increasing number of surgical
procedures globally.
Laparoscopic surgery has become a minimally invasive surgical procedure of choice for
surgeons and patients. As per WHO estimates, nearly 359.2 million operations were
performed globally in 2012, which represented a 38% increase during the last eight
years. Remarkable increase in global surgery volume, advancement of healthcare
infrastructure in emerging economies, growing number of hospitals and increasing
global disease burden should stimulate business growth.
Laparoscopic surgeries have numerous advantages over the traditional open surgical
procedure. With these procedure, pain and hemorrhage can be reduced drastically and
the duration of hospital stay is reduced, exposure of internal organs to external
environment is greatly lessened creating a significant impact towards product adoption.
Laparoscopic surgery finds its application in varied gastrointestinal surgical procedures
and other general surgical procedures with technological advancements in the field.
Moreover, it is one of the most common procedure utilized for management of
colorectal cancer. According to U.S. National Cancer Institute, 134,490 new cases of
colorectal cancer were estimated in U.S. This depicts the large patient pool of colorectal
cancer patients in the country, eventually fueling the laparoscopic instruments market
to grow over the forecast period. Restriction in the range of motion at the surgical site,
risk of trocar injuries and poor depth perception are some of the disadvantages
associated with the surgery. Further, worldwide lack of skilled surgeons especially
trained with advanced procedures will hinder business growth.
Laparoscopic instruments find largest applications in gynecology. The segment is
expected to have the largest revenue share while bariatric applications will witness the
highest growth rate over the forecast period. The rising obese population worldwide
coupled with success of bariatric surgery should propel the business size.
https://www.gminsights.com/industry-analysis/laparoscopic-instruments-market
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