Laparoscopic Devices Market Report by Product Type (Trocars, Energy Systems, Closure Devices, Suction/Irrigation Devices, Insufflation Devices, Laparoscopes, Hand Access Instruments, Robot Assisted Systems, and Others), Application (Bariatric Surgery, Colorectal Surgery, General Surgery, Gynecological Surgery, Urological Surgery, and Others), End User (Hospitals and Clinics, Ambulatory Surgery Centers, and Others), and Region 2024-2032
The global laparoscopic devices market size reached US$ 9.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 15.3 Billion by 2032, exhibiting a growth rate (CAGR) of 5.5% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 9.3 Billion
Market Forecast in 2032
US$ 15.3 Billion
Market Growth Rate 2024-2032
5.5%
Laparoscopic devices refer to the medical equipment used for accessing the abdominal and pelvic region for laparoscopic surgeries. They are primarily used for adjusting tissues and enabling ergonomic rotations, grasping and locking with precision. Some of the commonly used laparoscopic devices include trocars, cannulas, incision closure devices, forceps, rigid scopes, retractors, knot pushers, bowel, grasper and surgical mesh. They are usually minimally invasive (MI) as they can be inserted with a laparoscope through small incisions and aid in ensuring minimal tissue trauma, blood loss and discomfort for the patient. As a result, these devices are commonly used in bariatric, gynecological, colorectal, urological, as well as general surgeries.
The increasing prevalence of chronic medical ailments, such as cancer, diabetes and urological disorders, is one of the key factors driving the growth of the market. Furthermore, the rising preference for minimally invasive (MI) surgery devices is favoring the market growth. With the changing lifestyles and dietary patterns, there is a rise in the incidences of obesity, gall bladder-related problems, Crohn’s disease, ulcerative colitis and diverticulitis. This, in turn, is increasing the demand for these devices as the treatment of these ailments is usually done through laparoscopic procedures. Additionally, various technological advancements, such as the adoption of robot-assisted laparoscopic surgeries and the development of innovative devices, are acting as other growth-inducing factors. These devices are designed to conduct complex surgeries with immense accuracy to assist the surgeon with rapid dissection and tissue cutting. Other factors, including rising geriatric population, along with improvements in the healthcare infrastructure across the globe, are expected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global laparoscopic devices market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product type, application and end user.
Breakup by Product Type:
Trocars
Energy Systems
Closure Devices
Suction/Irrigation Devices
Insufflation Devices
Laparoscopes
Hand Access Instruments
Robot Assisted Systems
Others
Breakup by Application:
Bariatric Surgery
Colorectal Surgery
General Surgery
Gynecological Surgery
Urological Surgery
Others
Breakup by End User:
Hospitals and Clinics
Ambulatory Surgery Centers
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being B. Braun, BD (Becton, Dickinson and Company), Boston Scientific Corporation, CONMED Corporation, Cook Medical Incorporated, Intuitive Surgical Inc., Johnson & Johnson, Karl Storz SE & CO. KG, Medtronic plc, Olympus Corporation, Richard Wolf GmbH, Smith & Nephew Plc, Stryker Corporation and Tekno-Medical Optik-Chirurgie GmbH.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
US$ Billion
Segment Coverage
Product Type, Application, End User, Region
Region Covered
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered
B. Braun, BD (Becton, Dickinson and Company), Boston Scientific Corporation, CONMED Corporation, Cook Medical Incorporated, Intuitive Surgical Inc., Johnson & Johnson, Karl Storz SE & CO. KG, Medtronic plc, Olympus Corporation, Richard Wolf GmbH, Smith & Nephew Plc, Stryker Corporation, Tekno-Medical Optik-Chirurgie GmbH
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The global laparoscopic devices market was valued at US$ 9.3 Billion in 2023.
We expect the global laparoscopic devices market to exhibit a CAGR of 5.5% during 2024-2032.
The sudden outbreak of the COVID-19 pandemic had led to postponement of elective laparoscopic procedures to reduce the risk of the coronavirus infection upon hospital visits and interaction with medical equipment, thereby limiting the demand for laparoscopic devices.
The increasing prevalence of chronic medical ailments, such as cancer, diabetes, and urological disorders, along with the growing adoption of laparoscopic procedures for various ailments, such as Crohn’s disease, ulcerative colitis, diverticulitis, etc., is primarily driving the global laparoscopic devices market.
Based on the product type, the global laparoscopic devices market can be categorized into trocars, energy systems, closure devices, suction/irrigation devices, insufflation devices, laparoscopes, hand access instruments, robot-assisted systems, and others. Currently, energy systems account for the majority of the total market share.
Based on the application, the global laparoscopic devices market has been segregated into bariatric surgery, colorectal surgery, general surgery, gynecological surgery, urological surgery, and others. Among these, general surgery currently holds the largest market share.
Based on the end user, the global laparoscopic devices market can be bifurcated into hospitals and clinics, ambulatory surgery centers, and others. Currently, hospitals and clinics exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global laparoscopic devices market include B. Braun, BD (Becton, Dickinson and Company), Boston Scientific Corporation, CONMED Corporation, Cook Medical Incorporated, Intuitive Surgical Inc., Johnson & Johnson, Karl Storz SE & CO. KG, Medtronic plc, Olympus Corporation, Richard Wolf GmbH, Smith & Nephew Plc, Stryker Corporation, and Tekno-Medical Optik-Chirurgie GmbH.
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