What is the size of laparoscopic instruments industry?

The laparoscopic instruments market was valued at USD 14.3 billion in 2023 and is expected to grow at 9.1% CAGR during 2024-2032 driven by the growing preference for minimally invasive surgery.

Why is the demand for disposable laparoscopic instruments growing?

The disposable segment in the market held 52.6% share in 2023 owing to stringent sterility and infection control standards.

How big is the North America laparoscopic instruments industry?

North America laparoscopic instruments market accounted for USD 6.5 billion in revenue in 2023 owing to the high incidence of chronic conditions.

Mention the key players involved in laparoscopic instruments industry?

Aesculap, Inc. (B. Braun), Apollo Endosurgery, Boston Scientific Corporation, CONMED Corporation, Cook Medical Inc., Ethicon Inc. (Johnson & Johnson), Intuitive Surgical, Karl Storz GmbH, and Medtronic Plc (Covidien) among others.

Laparoscopic Instruments Market Share

Report ID: GMI1954

Published Date: September 2024

Report Format: PDF

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Laparoscopic Instruments Market Share

The laparoscopic instruments industry is highly competitive, with numerous large multinational companies as well as small and mid-sized firms vying for market position. The development and launch of novel devices that offer improved efficiency and cost-effectiveness are key strategies for manufacturers of laparoscopic instruments. These strategies drive competition and foster innovation within the industry. The emphasis on innovation aims to address evolving clinical needs and enhance patient outcomes, positioning companies to gain market share and meet the growing demand for advanced laparoscopic instruments.

Laparoscopic Instruments Market Companies

Some of the eminent market participants operating in the laparoscopic instruments industry include:

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

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Question(FAQ) :

What is the size of laparoscopic instruments industry?: The laparoscopic instruments market was valued at USD 14.3 billion in 2023 and is expected to grow at 9.1% CAGR during 2024-2032 driven by the growing preference for minimally invasive surgery.
Why is the demand for disposable laparoscopic instruments growing?: The disposable segment in the market held 52.6% share in 2023 owing to stringent sterility and infection control standards.
How big is the North America laparoscopic instruments industry?: North America laparoscopic instruments market accounted for USD 6.5 billion in revenue in 2023 owing to the high incidence of chronic conditions.
Mention the key players involved in laparoscopic instruments industry?: Aesculap, Inc. (B. Braun), Apollo Endosurgery, Boston Scientific Corporation, CONMED Corporation, Cook Medical Inc., Ethicon Inc. (Johnson & Johnson), Intuitive Surgical, Karl Storz GmbH, and Medtronic Plc (Covidien) among others.

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Authors: Mariam Faizullabhoy , Gauri Wani

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Base Year: 2023

Companies covered: 14

Tables & Figures: 181

Countries covered: 23

Pages: 152

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Laparoscopic Instruments Market Share

Laparoscopic Instruments Market Share

Laparoscopic Instruments Market Companies

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