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Laparoscopic Instruments Market Share

  • Report ID: GMI1954
  • Published Date: Jul 2020
  • Report Format: PDF

Laparoscopic Instruments Market Share

Some of the prominent companies in the laparoscopic instruments market are

  • Ethicon Inc.
  • Apollo Endosurgery
  • Boston Scientific
  • Medtronic Plc (Covidien)
  • Intuitive Surgical
  • Olympus Corporation
  • Smith & Nephew Inc.
  • Karl Storz GmbH
  • Richard Wolf GmbH
  • CONMED Corporation
  • Stryker Corporation
  • Cook Medical Inc.
  • Aesculap
  • Microline Surgical

Industry players are majorly focusing on various strategies that include new product launches, acquisitions, partnerships, mergers, collaborations, and development strategies.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

The market size of laparoscopic instruments exceeded USD 10 billion in 2019.

The industry share of laparoscopic instruments is anticipated to grow at over 11.3% CAGR between 2020 and 2026.

U.S. will depict extensive demand for laparoscopic instruments and will register 10.6% CAGR through 2026 owing to rising obesity prevalence and surging cases of colorectal cancer.

Stakeholders are likely to invest in Europe as the region is reflective of an exponential rate of colorectal cancer detection. Europe market size was valued over USD 2.5 billion in 2019.

Laparoscopes are being majorly adopted in surgical procedures such as gynecology, urology, cholecystectomy, etc. Laparoscopes held 40% of laparoscopic instruments market in 2019 and will continue to push the industry growth ahead.

Increasing number of gynecological laparoscopic procedures like hysterectomy, ovarian cyst removal, tubal ligation, etc., will augment product demand from gynecology. Estimates claim gynecology application segment to have held USD 3.1 billion in 2019.

Hospitals end-use segment may register 11% CAGR though 2026 due to rising influx of patients in hospitals for medical conditions such as rectal prolapse, Crohn’s disease, ulcerative colitis, etc.

Laparoscopic Instruments Market Scope

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Premium Report Details

  • Base Year: 2019
  • Companies covered: 14
  • Tables & Figures: 658
  • Countries covered: 48
  • Pages: 395
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