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Laparoscopic Instruments Market Share

Report ID: GMI1954
Published Date: Sep 2024
Report Format: PDF

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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:

Aesculap, Inc. (B. Braun)
Apollo Endosurgery
Boston Scientific Corporation
CONMED Corporation
Cook Medical Inc.
Ethicon Inc. (Johnson & Johnson)
Intuitive Surgical
Karl Storz GmbH
Medtronic Plc (Covidien)
Microline Surgical
Olympus Corporation
Richard Wolf GmbH
Smith & Nephew Inc.
Stryker Corporation

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The laparoscopic instruments market was valued at USD 14.3 billion in 2023 and is expected to grow at 9.1% CAGR during 2024-2032 driven by the growing preference for minimally invasive surgery.

The disposable segment in the market held 52.6% share in 2023 owing to stringent sterility and infection control standards.

North America laparoscopic instruments market accounted for USD 6.5 billion in revenue in 2023 owing to the high incidence of chronic conditions.

Aesculap, Inc. (B. Braun), Apollo Endosurgery, Boston Scientific Corporation, CONMED Corporation, Cook Medical Inc., Ethicon Inc. (Johnson & Johnson), Intuitive Surgical, Karl Storz GmbH, and Medtronic Plc (Covidien) among others.