Laparoscopic Instruments Market – By Product (Laparoscopes, Energy Devices, Suction Systems, Closure Devices, Hand Instruments), Application (Gynaecological, Urological, Colorectal), Usage (Disposable, Reusable), End-use - Global Forecast, 2024 – 2032
Report ID: GMI1954
|
Published Date: September 2024
|
Report Format: PDF
Download Free PDF
Buy Now
$4,123 $4,850
15% off
$4,840 $6,050
20% off
$5,845 $8,350
30% off
Buy now
Premium Report Details
Base Year: 2023
Companies covered: 14
Tables & Figures: 181
Countries covered: 23
Pages: 152
Download Free PDF

Laparoscopic Instruments Market
Get a free sample of this reportGet a free sample of this report Laparoscopic Instruments Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
Laparoscopic Instruments Market Size
Laparoscopic Instruments Market size was valued at around USD 14.3 billion in 2023 and is expected to grow at a CAGR of 9.1% from 2024 and 2032. The increasing number of laparoscopic procedures and the preference for minimally invasive surgical techniques are key factors significantly driving the growth of the market.
With the rising prevalence of obesity, laparoscopic bariatric surgeries, such as gastric bypass and sleeve gastrectomy, have experienced substantial growth. For instance, the American Society for Metabolic and Bariatric Surgery (ASMBS) reported that approximately 280,000 bariatric procedures were performed in the U.S. in 2022, with the majority being laparoscopic. Additionally, the growing prevalence of chronic conditions such as gastrointestinal disorders and cancers has increased the need for surgical interventions, many of which are performed laparoscopically. This trend is anticipated to continue, underscoring the vital role of innovative laparoscopic instruments in modern surgical practices.
Laparoscopic instruments are specialized tools used in laparoscopic surgery, a minimally invasive surgical technique. In laparoscopic surgery, operations are performed through small incisions with the aid of a camera and specialized instruments. The camera, or laparoscope, provides a magnified view of the internal organs on a monitor, allowing the surgeon to perform precise procedures with minimal damage to surrounding tissues.
Laparoscopic Instruments Market Trends
Technological advancements in laparoscopic surgical instruments are major drivers of market growth for these tools. These innovations enhance the precision, safety, and efficiency of laparoscopic procedures, making them more appealing to both surgeons and patients.
Laparoscopic Instruments Market Analysis
Based on product, the market is categorized into laparoscopes, energy devices, insufflators, suction systems, closure devices, hand instruments, access devices, and laparoscopic accessories. The laparoscopes segment dominated the market with a revenue of around USD 5.7 billion in 2023.
Based on application, the laparoscopic instruments market is categorized into gynecological surgery, urological surgery, colorectal surgery, bariatric surgery, general surgery, pediatric surgery, and other applications. The general surgery segment held majority market share with a revenue of USD 5.4 billion in 2023 and is expected to grow at a CAGR of 8.5% during the forecast period.
Based on usage, the laparoscopic instruments market is categorized into disposable and reusable. The disposable segment dominated the market with a revenue share of 52.6% in 2023.
Based on end-use, the laparoscopic instruments market is categorized into hospitals and ambulatory surgical centers. The hospitals segment dominated the market with a revenue of around USD 9.7 billion in 2023.
North America laparoscopic instruments market accounted for USD 6.5 billion revenue in 2023 and is predicted to witness substantial market growth over the analysis timeline.
The U.S. laparoscopic instruments market is anticipated to reach USD 12.7 billion by 2032, driven by numerous factors.
The laparoscopic instruments market in UK is expected to experience significant and promising growth from 2024 to 2032.
Japan laparoscopic instruments market is anticipated to witness lucrative growth between 2024 – 2032.
Laparoscopic Instruments Market Share
The laparoscopic instruments industry is highly competitive, with numerous large multinational companies as well as small and mid-sized firms vying for market position. The development and launch of novel devices that offer improved efficiency and cost-effectiveness are key strategies for manufacturers of laparoscopic instruments. These strategies drive competition and foster innovation within the industry. The emphasis on innovation aims to address evolving clinical needs and enhance patient outcomes, positioning companies to gain market share and meet the growing demand for advanced laparoscopic instruments.
Laparoscopic Instruments Market Companies
Some of the eminent market participants operating in the laparoscopic instruments industry include:
Laparoscopic Instruments Industry News:
The laparoscopic instruments market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 to 2032 for the following segments:
Click here to Buy Section of this Report
Market, By Product
Market, By Application
Market, By Usage
Market, By End-use
The above information is provided for the following regions and countries: