Infinium Global Research Laparoscopic Devices Market | Page 3

Laparoscopic Devices Market: Trends and Forecast -2023 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. 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 devices market. Going forward, advanced technologies that are likely to make surgeries easier to perform is likely to bring opportunity for growth to this market for major player. Segment Covered The report on global laparoscopic devices market covers segments such as, equipment, application and end user. On the basis of equipment the global laparoscopic devices market is categorized into laparoscopes, energy systems, internal closure devices, trocars, insufflations devices, wound protectors, hand assist devices, sample retrieval bag and gastric band. On the basis of application the global laparoscopic devices market is categorized into general surgery, colorectal surgeries, bariatric surgery, gynecological surgery and urological surgery. On the basis of end user the global laparoscopic devices market is categorized into hospitals and ambulatory surgical centers. Geographic Coverage The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015-2023. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such 3 © Infinium Global Research