GMI Laparoscopic Instruments Market | Page 2

Based on products, the industry can be segmented into laparoscopes, energy devices, insufflators, suction systems, closure devices, energy devices and accessories. The energy devices segment witnessed a rapid technological advancement over the last decade and is said to be the dominating product segment. The recent advances in the energy devices and rising implementation of the same will propel the demand of the device with a higher CAGR over the forecast period. U.S. is expected to lead regional laparoscopic instruments market size in 2016. The trends in adoption of latest technologies in laparoscopic surgery, availability of skilled surgeons, favorable reimbursement scenario, and state-of-art healthcare infrastructure should fuel the business growth. Presence of leading global players in the region such as Ethicon, Boston scientific, Cook Medical healthcare and Stryker will stimulate industry growth. Europe should grow considerably over the forecast period with growing healthcare expenditure and rising number of minimally invasive surgeries. Rising number of companies in the region getting CE mark for their laparoscopic instruments should also fuel the regional share. Latin America will experience significant growth opportunities due to increasing number of bariatric surgeries and advancement of the healthcare infrastructure. Brazil is expected to drive the regional laparoscopic instruments market. The growing number of gynecological and urological procedures will stimulate the market growth. . About Global Market Insights: Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. Contact Us: Arun Hegde Corporate Sales, USA Global Market Insights, Inc. Phone: 1-302-846-7766 Toll Free: 1-888-689-0688 Email: [email protected] Website: https://www.gminsights.com/ 2 | Page