Infinium Global Research Laparoscopic Devices Market | Page 2

A latest report has been added to the wide database of Laparoscopic Devices Market by Infinium Global Research.
This report studies the 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) market status and outlook of
global and major regions, from manufacturers, and end industries. The objective of the study is to identify market
sizes of different segments & countries in recent years and to forecast the values for the next six years. Laparoscopic
Devices Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of
competitive landscape, latest trends, and product offerings of the major companies in the Laparoscopic Devices
Market. 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. 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 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.