(PharmaNewsWire.Com, August 28, 2017 ) The Middle-East and Africa Laparoscopy Device Market was worth $0.62 billion in 2016 and estimated to be growing at a CAGR of 7.31%, to reach $0.89 billion by 2021.
Laparoscopy Devices Market is a negligibly invasive procedure used as a diagnostic tool and surgical process that is implemented to identify the abdominal and pelvic organs, head, etc. Laparoscopic device is comprising of a tube that is injected through the abdominal wall and irradiated to enable a surgeon to view the internal organs. Laparoscopy uses images to recognize and diagnose the disease.
The Middle-East and Africa market for laparoscopy devices is majorly driven owing to welfares such as speedy recovery and shorter hospital stay. The laparoscopic devices market is witnessing substantial growth due to the growing agreement for minimal invasive surgeries, technological improvements and increasing incidence of colorectal cancer. However, high cost of these devices and procedures and lack of skilled professionals are the key factors hindering the growth of the laparoscopic devices market.
The Middle-East and Africa laparoscopic market is segmented on the basis of product into internal closure devices, hand access instruments, robotic assisted surgical system, laparoscopes, direct energy systems and insufflation devices. Based on therapeutic application the market is divided into colorectal surgery, gynaecological surgery, general surgery, bariatric surgery and urological surgery. On the basis of end-users the market is bifurcated into hospitals, clinics and ambulatory surgical centers. Direct energy system devices segment has accounted for maximum share in 2016 and is projected to register a healthy CAGR in the forecast period.
Based on geography the market is analysed under various regions namely, Middle East and Africa. Africa dominates the region market with highest number of shares and is expected to continue its dominance over the forecast period.
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.
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