April 23, 2021 07:50 US Eastern Time | Source: ReportLinker ReportLinker

New York, April 23, 2021 (GLOBE NEWSWIRE) - Reportlinker.com announced the release of the report "Laparoscopy Device Market by Product, Application, End User-Global Forecast to 2026"-https://www.reportlinker .com/ p04082882/?utm_source=GNW product recalls and gaps in laparoscopic surgery infrastructure support pose a challenge to this market. However, the reduction in medical insurance costs of health care providers in the United States and the lack of well-trained professionals in the field of laparoscopy are expected to inhibit the growth of this market to some extent. The growing healthcare market in emerging economies and the enhancement of laparoscopic device capabilities are expected to provide important growth opportunities for market participants. According to the product type, the medical laparoscopic robot segment has the largest market share during the forecast period. According to products, the global laparoscopic device market is divided into medical laparoscopic robots, energy equipment, inflators, suction/washing systems, laparoscopes, handheld devices, closure devices, access devices and accessories. In 2020, medical laparoscopic robots accounted for 41.8% of the global laparoscopic device market. The increasing popularity of robot-assisted laparoscopic surgery and technological advances in surgical robots have contributed to the huge share and high growth of this market segment. According to the type of application, General Surgery will grow with the highest market share during the forecast period. According to application, the global laparoscopic instrument market is segmented into bariatric surgery, gynecological surgery, general surgery, urology, colorectal surgery and pediatric surgery. In 2020, general surgery will account for the largest share of the laparoscopic instrument market. Laparoscopic instruments are part of a series of general surgical operations, including gastrointestinal, liver and gallbladder, pancreas and abdominal wall operations, such as single point (LESS) appendectomy, single point (LESS) cholecystectomy, laparoscopic cholecystectomy, Laparoscopic hernia repair, laparoscopic colectomy, laparoscopic esophagogastric plasty, laparoscopic hepatectomy and laparoscopic hepatectomy. Laparoscopic single point surgery (LESS) is the term used for single incision laparoscopic surgery. These procedures result in fewer complications and morbidity. Due to people's lifestyle and eating habits, the incidence of appendicitis and hernia has increased, leading to an increase in the number of ordinary operations. According to end users, the outpatient surgery center is expected to achieve the highest compound annual growth rate during the forecast period. According to end users, the global laparoscopic device market is segmented into hospitals and outpatient surgery centers. The rapid growth of the outpatient surgery center segment can be attributed to its increasing cost-effective preference for outpatient care. Government agencies and insurance companies promote these operations in outpatient surgery centers, which may further support the rapid growth of laparoscopic devices among these end users. North America is expected to occupy the largest share of the laparoscopic device market in 2020. Geographically, the laparoscopic device market is subdivided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America accounted for the largest share of the laparoscopic device market share in 2020. The majority of North America’s share can be attributed to favorable reimbursement programs in the United States, rising cancer incidence, increased investment in hospitals to purchase new laparoscopic equipment, increased number of laparoscopic surgeries compared to traditional laparoscopic surgeries, open surgeries performed in North America, and Advances in laparoscopic device technology introduced by major market players in the region. The breakdown of the main players is as follows: • By company type – 1–60%, 2–30%, and 3–10% • By designation – C level – 30%, director level – 50%, others – 20% • By region – North America – 45%, Europe – 15%, Asia Pacific – 25%, Latin America – 10%, Middle East and Africa – 5%. Major players in the laparoscopic device market include Intuitive Surgical ( United States), Stryker Corporation (United States), Olympus Corporation (Japan), Karl Storz GmbH & CO. KG (Germany), Medtronic PLC (Ireland), Microline Surgical, Inc. (United States), B. Braun Melsungen AG (Germany), SCHÖLLY Fiberoptic GmbH (Germany), Optomic (Spain), Victor Medical Instruments Co., Ltd (China), Peters Surgical (France), EndoMed Systems GmbH (Germany), Becton, Dickinson and Company (United States), Mindray Medical International Co., Ltd. Company (China), CONMED Corporation (United States), Richard Wolf GmbH (Germany), Smith & Nephew PLC (United Kingdom), Cook Medical (United States), Ethicon (United States), Strauss Surgical (United States), AMNOTEC International (Germany) . Research Scope: This report analyzes the laparoscopic device market, aiming to estimate the market size and future growth potential of the market based on various market segments such as application type, product type, end user and region. The report also includes a product portfolio matrix of various laparoscopic products on the market. The report also provides a competitive analysis of the major players in the market, as well as their company profiles, product offerings and key market strategies. Reasons for buying the report The report will enrich established companies as well as new entrants/smaller companies to measure the pulse of the market and help them gain more important market share. The company that purchases the report can use one or any combination of the following strategies to strengthen its position in the market. The report provides insights on the following points: • Market penetration: Comprehensive information on the product portfolio provided by the top players in the global laparoscopic device market. The report analyzes this market by product, application, and end user • Product enhancement/innovation: Detailed insights into the upcoming trends and product releases of the global laparoscopic device market • Market development: By product, application, and lucrative emerging markets Comprehensive information for end users • Market diversification: Detailed information about new products or product enhancements, growing regions, recent developments and investments in the global laparoscopic device market • Competition evaluation: market share, growth strategy, product supply, competitive leadership Strive for in-depth evaluation and the capabilities of the global leader in the laparoscopic device market. Read the full report: https://www.reportlinker.com/p04082882/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you can get all the market research you need-in one place instantly. __________________________