(PharmaNewsWire.Com, July 20, 2017 ) According to the report North America Laparoscopy Device Market by Product Type (Internal Closure Devices, Hand Access Instruments, Robotic Assisted Surgical System, Laparoscopes, Direct Energy Systems and Insufflation Devices) by Therapeutic Application (Colorectal Surgery, Gynaecological Surgery, General Surgery, Bariatric Surgery and Urological Surgery), by End Users (Hospitals, Clinics and Ambulatory Surgical Centers) and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (20162021)", published by Market Data Forecast, the market is projected to reach USD 4.16 Billion by 2021, at a CAGR of 7.08% from 2016 to 2021.
Laparoscopy is a technique performed through key hole insertion procedure and requires minimum instrumentation. A minor camera and a light source attached to a flexible tube permit the surgeons to move special laparoscopic devices to the target area and perform surgical procedures. Surgeries related to pancreas, liver, colon and bile duct are majorly performed through the technique of laparoscopy.
Adoption of laparoscopic devices among healthcare professionals is increasing with the growing advancements. Laparoscopy device market is mainly driven by adoption of subscription commerce-based model for product selling and increasing private and foreign investments. Pricing of the devices is reduced by the manufactures to remain competitive in the market which is also fuelling the market growth. Major restrain for the market is lack of skilled surgeons to operate the devices.
Segmentation: By Product Type: Internal Closure Devices Hand Access Instruments Robotic Assisted Surgical System Laparoscopes Direct Energy Systems Insufflation Devices By Therapeutic Application: Colorectal Surgery Gynaecological Surgery General Surgery Bariatric Surgery Urological Surgery By End-Users: Hospitals Clinics Ambulatory Surgical Centers
Some of the major players in the laparoscopy market are Boston Scientific Corporation, Karl Storz, ConMed, Aesculap, Covidien, Olympus, Intuitive Surgical, Stryker, Medtronic, B. Braun Melsungen AG, Ethicon US LLC and Smith & Nephew.
Scope of the North America Laparoscopy Device Market: Region and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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