The report on Laparoscopic Devices Market by equipment (laparoscopes, energy systems, internal closure,
trocars, insufflations, wound protectors, hand assist), application (general, colorectal surgeries, bariatric,
gynecological, urological surgery), end user (hospitals, ambulatory surgical centers) trends analysis and
forecasts up to 2023 studies the market sizes, key trends and opportunities in the main geographies such as
North America, Europe, Asia-Pacific, Rest of the World. According to the report the Global Laparoscopic
Devices Market is projected to grow at a CAGR of 7.2% in terms of value over the period of 2017-2023. The
growth in the world market is primarily driven by significant contribution by North America (Leading region)
region to this market.
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Laparoscopy, also known as diagnostic laparoscopy, and is a surgical diagnostic procedure used to examine the
organs inside the abdomen. It is a low-risk, minimally invasive procedure. Laparoscopy uses an instrument
called a laparoscope to look at the abdominal organs. A laparoscope is a long, thin tube with a high-intensity
light and a high-resolution camera at the front. The instrument is inserted through an incision in the
abdominal wall. As it moves along, the camera sends images to a video monitor. These devices are mainly
preferred for surgeries related to the pancreas, liver, colon and bile duct. With increase in number of patients
suffering from abdominal disorders the global laparoscopic market is expected to grow at a significant pace
over the forecast period.
Market Insights
The growth of laparoscopic devices market is primarily driven by health issues caused by obesity, as rise in
obese population has resulted into laparoscopic surgeries. Moreover, factors such as growing patient and
physician preference for laparoscopic procedures as compared to open surgeries, growing geriatric
population, rise in prevalence of colorectal cancer which can be treated laparoscopically, and technological
advancements are majorly driving the growth of this market. On the other hand, side effects associated with
the surgeries and rapid technological changes could be the restraining factors in the growth of laparoscopic