Laparoscopy (from Ancient Greek λαπάρα (lapara), meaning ‘flank, side’, and σκοπέω (skopeo), meaning ‘to see’) invented by George Kelling in 1901, in Germany, is an operation performed in the abdomen or pelvis using small incisions (usually 0.5–1.5 cm) with the aid of a camera. The laparoscope aids diagnosis or therapeutic interventions with a few small cuts in the abdomen.
Laparoscopic surgery, also called minimally invasive surgery (MIS), bandaid surgery, or keyhole surgery, is a modern surgical technique. There are a number of advantages to the patient with laparoscopic surgery versus the more common, open procedure. These include reduced pain due to smaller incisions, reduced hemorrhaging and shorter recovery time. The key element is the use of a laparoscope, a long fiber optic cable system which allows viewing of the affected area by snaking the cable from a more distant, but more easily accessible location.
Market Analysis: Global Laparoscopes Market is set to rise from its initial estimated value of USD 8,975.20 million in 2018 to an estimated value of USD 17,365.32 million in 2026, registering a CAGR of 8.60% in the forecast period of 2019-2026. This rise in market value can be attributed to the growth in number of laparoscopic procedures performed globally owing to rising preference for minimally invasive surgeries.
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Market Definition: A laparoscope is a, thin long tube with a high-resolution camera and a high-intensity light at the front. The instrument is inserted through an incision in the abdominal wall. As it moves along, the camera sends images to a video monitor.
According to National Center for Health Statistics, in 2016, the number of adults with diagnosed liver disease was 4.9 million. The increasing prevalence of liver diseases worldwide increases the use of laproscopic procedure for diagnosis and treatment.
- Ethicon USA
- Olympus Corporation
- Karl Storz GmbH
- Richard Wolf GmbH
- Microline Surgical
- Smith & Nephew
- Conmed Corporation
- Growing prevalence of colorectal cancer is expected to drive the market growth
- Rising number of laparoscopic bariatric procedures is also expected to drive the market growth
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Current and future of global laparoscopes market outlook in the developed and emerging markets, The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period, Regions/Countries that are expected to witness the fastest growth rates during the forecast period, The latest developments, market shares, and strategies that are employed by the major market players
- Lack of trained professionals in the field of laparoscopy procedures is expected to restrain the market growth
- Increasing preference for robotic surgeries as an alternative to laparoscopic is also expected to restrain the market growth
Segmentation: Global Laparoscopes Market
- By Product
- Video Laparoscopes
- Fiber Laparoscopes
- Energy Devices
- Suction/Irrigation Systems
- Closure Devices
- Hand Instruments
- Access Devices
- Gynecological Surgery
- General Surgery
- Urological Surgery
- Colorectal Surgery
- Bariatric Surgery
- Pediatric Surgery
- Ambulatory Surgical Centers
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
- North America
Competitive Analysis: Global laparoscopes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Laparoscopes Market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Developments in the Market:
- In March 2018, OmniGuide Inc., released the FMsealer Laparoscopic Shears. It is designed to provide fast and reliable vessel sealing in a variety of laparoscopic procedures
- In August 2017, Ethicon launched Proxisure Suturing Device, an advanced laparoscopic suturing device featuring Ethicon end mechanical, suture and curved needle technologies which is designed to improve precision in minimally-invasive surgery.