Acumen Research and Consulting estimate that the global laparoscopic instruments market is anticipated to reach a market size of around US$ 21,970 Mn by 2028 and is anticipated to grow at a CAGR of around 10.5% in terms of revenue during the forecast period 2021 - 2028.
Laparoscopic operation is a procedure where small incisions are performed at a distance. A video camera and several instruments known as laparoscopic devices are used to carry out the surgical procedure. The camera provides an image of the interior of the body on a television or monitor from which the surgeon can see the operating internal organs. So the operator performs in a 3D plane during a laparoscopic procedure, while the operation is viewed on a 2D screen. Such surgeries have other benefits, such as reduced discomfort and less loss of blood because of narrower incisions and quicker after-operative healing due to wider incisions during laparoscopic procedures.
Market Insights
The key reason for the growth of the global laparoscopy procedure market is the growing number of admissions due to rising numbers of bariatric surgeries, such as gastro-circulation, flexible gastric band, and others. as the incidence of obesity grows. The latter has also led to increased healthcare expenses and the implementation of advanced technology in minimal invasive surgery, increasing insurance coverage and the inclination of operators to prescribe minimally invasive surgeons for patients as a result of early postoperative recovery and less postoperative complications. The factors expected to limit laparoscopic instruments market revenue growth over the forecast are high costs, though, for minimally-invasive operations and the lack of laparoscopic surgeons.
With the advancement of robotic procedures and minimally invasive approaches of medical therapies the need for laparoscopy grows daily. The laparoscopic techniques and the high use of laparoscopic instruments are widely used in neurosurgery. Space technology can be used in many medical uses, in particular to enhance endoscopic vision and include high-definition 3D images. Such laparoscopic instruments are used in many procedures in hospitals and in specialist clinics, including general, colorectal, urologic, bariatric and gynecological operations. Professionals are switching from reusable laparoscopic instruments into disposable devices in most hospitals or specialty clinics, as improperly cleaned and reprocessed devices put patients at high risk of HAI, operating infections and cross-contamination.
In the near future, the demand in Laparoscopic Instruments is likely to see healthy growth due to expanded product releases in developed countries and a growing understanding of endoscopic surgeries. Owing to advancement in technology and the growing number of companies producing laparoscopic instruments in these countries, the laparoscopic instruments market is projected to be the largest share in North America and Europe. It has also been analyzed that more and more European companies are being approved for the CE mark to market their minimally invasive operational devices in the region. Increasing numbers of endoscopic surgeries due to the increased prevalence of obesity and other chronic disorders in the region over the prediction time are expected to register the most rapid growth in Asia-Pacific.
Key Players
Major players included in this report are Ethicon Inc., Apollo Endosurgery, Boston Scientific, Intuitive Surgical, Medtronic Plc (Covidien), Karl Storz GmbH, Olympus Corporation, Smith & Nephew Inc., CONMED Corporation, Richard Wolf GmbH, Cook Medical Inc., Aesculap, Stryker Corporation, Microline Surgical, and others. Partnership and new product launch were most popular strategy among the key players in the laparoscopic instruments market. Olympus, a key player in the market announced an innovative solution for laparoscopic surgery, with the launch of Endoeye Flex 3D and FlexDex Needle driver.
Product Launch
In 2018, the HDR 4 K imaging platform has been introduced by Maxer Endoscopy GmbH. This aims to expand the company's product range.
In 2017, a new 400 insufflator for use in laparoscopic surgery with added patient advantages was revealed by Smith & Nephew. It will continue to extend the company's product portfolio.
In August 2017, PROXISURE, an advanced laparoscopic suturer that is designed in minimally invasive surgeries to improve precision, was launched by Ethicon. This contributed to the development of the company's product portfolio.
In May 2017, Ethicon has announced the US introduction of a new ECHELON FLEX ST Program to support colorectal and thoracic processes with advantages of precise stapling. That will lead to expanding the company's product range.
The global laparoscopic instruments market is segmented as below:
Market Segmentation
Laparoscopic Instruments Market By Product
Laparoscopes
- Video laparoscopes
- Fiber laparoscopes
Energy devices
Insufflators
Suction systems
Closure devices
Hand instruments
Access devices
Laparoscopic accessories
Laparoscopic Instruments Market By Application
Gynecology surgery
Urological surgery
Colorectal surgery
Bariatric surgery
General surgery
Pediatric surgery
Others
Laparoscopic Instruments Market By End-Use
Hospitals
Ambulatory surgical centers
Laparoscopic Instruments Market By Geography
North America
• U.S.
• Canada
Europe
• U.K.
• Germany
• France
• Spain
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa
• GCC
• South Africa
• Rest of Middle East & Africa
CHAPTER 1.Industry Overview of Laparoscopic Instruments
1.1.Definition and Scope
1.1.1.Definition of Laparoscopic Instruments
1.1.2.Market Segmentation
1.1.3.Years Considered for the Study
1.1.4.Assumptions and Acronyms Used
1.1.4.1.Market Assumptions and Market Forecast
1.1.4.2.Acronyms Used in Global Laparoscopic Instruments Market
1.2.Summary
1.2.1.Executive Summary
1.2.2.Laparoscopic Instruments Market By Product
1.2.3.Laparoscopic Instruments Market By Application
1.2.4.Laparoscopic Instruments Market By End-Use
1.2.5.Laparoscopic Instruments Market by Regions
CHAPTER 2.Research Approach
2.1.Methodology
2.1.1.Research Programs
2.1.2.Market Size Estimation
2.1.3.Market Breakdown and Data Triangulation
2.2.Data Source
2.2.1.Secondary Sources
2.2.2.Primary Sources
CHAPTER 3.Market Dynamics And Competition Analysis
3.1.Market Drivers
3.1.1.Driver 1
3.1.2.Driver 2
3.2.Restraints and Challenges
3.2.1.Restrain 1
3.2.2.Restrain 2
3.3.Growth Opportunities
3.3.1.Opportunity 1
3.3.2.Opportunity 2
3.4.Porter’s Five Forces Analysis
3.4.1.Bargaining Power of Suppliers
3.4.2.Bargaining Power of Buyers
3.4.3.Threat of Substitute
3.4.4.Threat of New Entrants
3.4.5.Degree of Competition
3.5.Market Concentration Ratio and Market Maturity Analysis of Laparoscopic Instruments Market
3.5.1.Go To Market Strategy
3.5.1.1.Introduction
3.5.1.2.Growth
3.5.1.3.Maturity
3.5.1.4.Saturation
3.5.1.5.Possible Development
3.6.Technological Roadmap for Laparoscopic Instruments Market
3.7.Value Chain Analysis
3.7.1.List of Key Manufacturers
3.7.2.List of Customers
3.7.3.Level of Integration
3.8.Cost Structure Analysis
3.8.1.Price Trend of Key Raw Materials
3.8.2.Raw Material Suppliers
3.8.3.Proportion of Manufacturing Cost Structure
3.8.3.1.Raw Material
3.8.3.2.Labor Cost
3.8.3.3.Manufacturing Expense
3.9.Regulatory Compliance
3.10.Competitive Landscape, 2020
3.10.1.Player Positioning Analysis
3.10.2.Key Strategies Adopted By Leading Players
CHAPTER 4.Manufacturing Plant Analysis
4.1.Manufacturing Plant Location and Establish Date of Major Manufacturers in 2020
4.2.R&D Status and Application Source of Laparoscopic Instruments Major Manufacturers in 2020
CHAPTER 5.Laparoscopic Instruments Market By Product
5.1.Introduction
5.2.Laparoscopic Instruments Revenue By Product
5.2.1.Laparoscopic Instruments Revenue (US$ Mn) and Forecast, By Product, 2017-2028
5.2.2.Laparoscopes
5.2.2.1.Laparoscopes Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.2.2.Video laparoscopes
5.2.2.2.1.Video laparoscopes Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.2.3.Fiber laparoscopes
5.2.2.3.1.Fiber laparoscopes Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.3.Energy devices
5.2.3.1.Energy devices Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.4.Insufflators
5.2.4.1.Insufflators Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.5.Closure devices
5.2.5.1.Closure devices Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.6.Hand instruments
5.2.6.1.Hand instruments Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.7.Access devices
5.2.7.1.Access devices Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.8.Laparoscopic accessories
5.2.8.1.Laparoscopic Accessories Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
CHAPTER 6.Laparoscopic Instruments Market Revenue By Application
6.1.Introduction
6.2.Laparoscopic Instruments Revenue (US$ Mn) By Application
6.2.1.Laparoscopic Instruments Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
6.2.2.Gynecology surgery
6.2.2.1.Gynecology surgery Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
6.2.3.Urological surgery
6.2.3.1.Urological surgery Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
6.2.4.Colorectal surgery
6.2.4.1.Colorectal surgery Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
6.2.5.Bariatric surgery
6.2.5.1.Bariatric surgery Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
6.2.6.General surgery
6.2.6.1.General surgery Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
6.2.7.Pediatric surgery
6.2.7.1.Pediatric surgery Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
6.2.8.Others
6.2.8.1.Others Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
CHAPTER 7.Laparoscopic Instruments Market By End-Use
7.1.Introduction
7.2.Laparoscopic Instruments Revenue (US$ Mn) By End-Use
7.2.1.Laparoscopic Instruments Revenue (US$ Mn) and Forecast By End-Use, 2017 - 2028
7.2.2.Hospitals
7.2.2.1.Hospitals Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
7.2.3.Ambulatory surgical centers
7.2.3.1.Ambulatory surgical centers Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
CHAPTER 8.North America Laparoscopic Instruments Market By Country
8.1.North America Laparoscopic Instruments Overview
8.2.U.S.
8.2.1.U.S. Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017-2028
8.2.2.U.S. Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
8.2.3.U.S. Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017-2028
8.3.Canada
8.3.1.Canada Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017-2028
8.3.2.Canada Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
8.3.3.Canada Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017-2028
8.4.North America PEST Analysis
CHAPTER 9.Europe Laparoscopic Instruments Market By Country
9.1.Europe Laparoscopic Instruments Market Overview
9.2.U.K.
9.2.1.U.K. Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017-2028
9.2.2.U.K. Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
9.2.3.U.K. Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017-2028
9.3.Germany
9.3.1.Germany Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017-2028
9.3.2.Germany Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
9.3.3.Germany Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017-2028
9.4.France
9.4.1.France Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017-2028
9.4.2.France Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
9.4.3.France Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017-2028
9.5.Spain
9.5.1.Spain Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017-2028
9.5.2.Spain Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
9.5.3.Spain Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017-2028
9.6.Rest of Europe
9.6.1.Rest of Europe Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017-2028
9.6.2.Rest of Europe Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
9.6.3.Rest of Europe Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017-2028
9.7.Europe PEST Analysis
CHAPTER 10.Asia Pacific Laparoscopic Instruments Market By Country
10.1.Asia Pacific Laparoscopic Instruments Market Overview
10.2.China
10.2.1.China Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
10.2.2.China Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.2.3.China Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017 - 2028
10.3.Japan
10.3.1.Japan Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
10.3.2.Japan Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.3.3.Japan Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017 - 2028
10.4.India
10.4.1.India Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
10.4.2.India Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.4.3.India Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017 - 2028
10.5.Australia
10.5.1.Australia Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
10.5.2.Australia Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.5.3.Australia Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017 - 2028
10.6.South Korea
10.6.1.South Korea Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
10.6.2.South Korea Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.6.3.South Korea Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017 - 2028
10.7.Rest of Asia-Pacific
10.7.1.Rest of Asia-Pacific Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
10.7.2.Rest of Asia-Pacific Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.7.3.Rest of Asia-Pacific Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017 - 2028
10.8.Asia Pacific PEST Analysis
CHAPTER 11.Latin America Laparoscopic Instruments Market By Country
11.1.Latin America Laparoscopic Instruments Market Overview
11.2.Brazil
11.2.1.Brazil Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
11.2.2.Brazil Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
11.2.3.Brazil Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017 - 2028
11.3.Mexico
11.3.1.Mexico Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
11.3.2.Mexico Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
11.3.3.Mexico Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017 - 2028
11.4.Rest of Latin America
11.4.1.Rest of Latin America Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
11.4.2.Rest of Latin America Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017 – 2028
11.4.3.Rest of Latin America Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017 - 2028
CHAPTER 12.Middle East & Africa Laparoscopic Instruments Market By Country
12.1.Middle East & Africa Laparoscopic Instruments Market Overview
12.2.Saudi Arabia
12.2.1.Saudi Arabia Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
12.2.2.Saudi Arabia Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
12.2.3.Saudi Arabia Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017 - 2028
12.3.UAE
12.3.1.UAE Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
12.3.2.UAE Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
12.3.3.UAE Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017 - 2028
12.4.Rest of Middle East & Africa
12.4.1.Rest of Middle East & Africa Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
12.4.2.Rest of Middle East & Africa Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
12.4.3.Rest of Middle East & Africa Laparoscopic Instruments Market Revenue (US$ Mn) and Forecast By End-Use, 2017 - 2028
CHAPTER 13.Player Analysis Of Laparoscopic Instruments
13.1.Laparoscopic Instruments Market Company Share Analysis
13.2.Competition Matrix
13.2.1.Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2.New Product Launches and Product Enhancements
13.2.3.Mergers And Acquisition In Global Laparoscopic Instruments Market
13.2.4.Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14.COMPANY PROFILE
14.1.Ethicon Inc.
14.1.1.Company Snapshot
14.1.2.Business Overview
14.1.3.Financial Overview
14.1.3.1.Revenue (US$ Mn), 2020
14.1.3.2.Ethicon Inc. 2020 Laparoscopic Instruments Business Regional Distribution
14.1.4.Product/ Service and Specification
14.1.5.Recent Developments & Business Strategy
14.1.6.Manufacturing Plant Footprint Analysis
14.2.Apollo Endosurgery
14.3.Boston Scientific
14.4.Intuitive Surgical
14.5.Medtronic Plc (Covidien)
14.6.Karl Storz GmbH
14.7.Olympus Corporation
14.8.Smith & Nephew Inc.
14.9.CONMED Corporation
14.10.Richard Wolf GmbH
14.11.Cook Medical Inc.
14.12.Aesculap
14.13.Stryker Corporation
14.14.Microline Surgical
14.15.Others
![Laparoscopic Instruments Market (By Product: By Product: Laparoscopes [Video laparoscopes, Fiber laparoscopes], Energy devices, Insufflators, Suction systems, Closure devices, Hand instruments, Access devices, Laparoscopic accessories; By Application: Gynecology surgery, Urological surgery, Colorectal surgery, Bariatric surgery, General surgery, Pediatric surgery, Others; By End-Use: Hospitals, Ambulatory surgical centers) - Global Industry Analysis, Market Size, Opportunities and Forecast 2021 - 2028](assets/images/format-png.png "Laparoscopic Instruments Market (By Product: By Product: Laparoscopes [Video laparoscopes, Fiber laparoscopes], Energy devices, Insufflators, Suction systems, Closure devices, Hand instruments, Access devices, Laparoscopic accessories; By Application: Gynecology surgery, Urological surgery, Colorectal surgery, Bariatric surgery, General surgery, Pediatric surgery, Others; By End-Use: Hospitals, Ambulatory surgical centers) - Global Industry Analysis, Market Size, Opportunities and Forecast 2021 - 2028")
