(PharmaNewsWire.Com, December 21, 2017 ) According to the report Laparoscopy Device, published by Market Data Forecast, the Europe market is projected to reach USD 2.1 billion by 2021, at a CAGR of 7.28% from 2016 to 2021.
Laparoscopic devices characterise the combination of multiple laparoscopic instruments into one, causing in reduced operating times, and also greater surgical efficiency. These devices are bipolar devices which serve as multifunctional devices that allow surgeons to both seal and grasp. With superior recovery times, and decreased postoperative pain, laparoscopy is preferred over any other old techniques.
In the European region number of surgeries done previously was very less owing to lack of professionals. However, now the main driver for growing procedural volumes is the combination of an elderly generation who are demanding less invasive surgery, and surgeons who are receiving better training in laparoscopy than in the past. Increasing competition for the device manufacturing companies is a challenge for market holders.
Factors like rising demand for minimally invasive procedures and growing geriatric population are affecting the growth of this market positively. Direct energy system devices segment has accounted for maximum share in 2016 and is projected to register a healthy CAGR in the forecast period.
Europe Laparoscopy Device: Region-wise Outlook
The market for Laparoscopy Device in Europe region is divided based on geography into United Kingdom, France, Italy, Germany and Spain. Europe has the second largest market for laparoscopy devices in the world after North America region.
Key Questions Answered
What is the current and future Laparoscopy Device outlook in Europe market? What trends are affecting the Europe market?
What is the competitive landscape and market share of major players in the Laparoscopy Device space in Europe market?
What are the key, high growth markets that Laparoscopy Device manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the Laparoscopy Device currently on the market? How will emerging technologies fulfil these unmet needs?
What is physician perception and market outlook of Laparoscopy Device?
What are the challenges and barriers that have hindered widespread adoption of Laparoscopy Device?
Europe Laparoscopy Device: Key Players
Some of the major companies dominating Europe Laparoscopy Device Market are
Reasons to buy Europe Laparoscopy Device Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y 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 macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), 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
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Europe Healthcare Segment:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options.
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Biotechnology & Pharmaceuticals resource center today to browse our selection of 600+ complimentary Biotechnology & Pharmaceuticals magazines, white papers, webinars, podcasts, and more. Get popular titles including: