Laparoscopic Devices Market 2021 Research Provides Projections in Light of COVID-19 Pandemic in its New Revised Report
Technological advancements and rising healthcare awareness among the patient population for minimally invasive surgeries would support the growth of the global laparoscopic devices market.
Dallas, United States – May 31, 2021 /MarketersMedia/ —
Laparoscopic Devices Market: Greater Adoption in Pediatrics to Boost Growth
The Global Laparoscopic Devices Market And Is Expected To Grow At A CAGR Of 7.3%. Global laparoscopic devices market is most likely to remain a profitable industry as growing sensitization and adoption skylarks in emerging economies, finds Adroit Market Research. In tandem, healthcare spending in these countries is witnessing active government participation thus reflecting tremendous advances in device technology and participation by leading companies.
Market expansion across these regions is growing exorbitantly as industry behemoths target countries in the developing world. These development initiatives are expected to bode well with significant growth in laparoscopic devices market.
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Miniaturized Laparoscopic Devices Receive Tremendous R&D Attention to Suit Pediatric Needs
Funding expeditions, commercial agreements, mergers and acquisitions continue to remain primary focus of leading participants in global laparoscopic devices market. In this case, Virtual Incision Corporation which is a key portfolio company of Genesis Innovation Group has recently received US FDA Investigational Device Exemption IDE to develop its portfolio of miniaturized laparoscopic devices platform, MIRA.
Growing prevalence of minimally invasive medical procedures to avert post-surgical trauma, improve healing and hospital time as well as tremendous sophistication in medical device technology have fueled heavy reliance on laparoscopic devices market. Additionally, as pediatrics as a medical practice continues to evolve, need for robotic and miniaturized instruments has risen considerably that has pushed further R&D expeditions to develop agile and small laparoscopic devices.
The development is highly ambitious and futuristic as it is likely to improve the surgical outcome of multifurcate abdominal surgeries using virtual incision technology. The technology is anticipated to offset the challenges of laparoscopic devices and prove highly cost efficient and accessible. Additionally, owing to small dimensions, storage and maintenance would be easy. Developments as such are anticipated to auger further growth in global laparoscopic devices market in foreseeable times.
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Laparoscopic procedures are becoming highly integral and standard surgical procedures owing to its safe efficacy and effectiveness for childcare. Advantages such as improved aesthetic outcome, reduced pain and quality of life, thereby encouraging large scale adoption. These developments are furthering adoption and concomitant growth in global laparoscopic devices market. Recent researches are underway to test the efficacy of laparoscopy as a standard procedure in pediatric oncology, neonatal and other critical conditions, thus furthering future possibilities of even greater adoption of advanced laparoscopic devices for childcare.
Key segments of the global laparoscopic devices market
Device Type Overview, 2015-2025 (USD million)
• Laparoscopes
• Energy Devices
• Insufflator Devices
• Robot-Assisted Surgery Devices
• Suction Devices
• Closure Devices
• Hand Instruments
• Access Devices
• Accessories
Application Type Overview, 2015-2025 (USD million)
• General Surgery
• Bariatric Surgery
• Gynecological Surgery
• Urological Surgery
• Colorectal Surgery
• Others
Regional Overview, 2015-2025 (USD million)
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o France
o Russia
o Italy
o Rest of Europe
• Asia Pacific
o China
o Japan
o Korea
o India
o Southeast Asia
o Rest of Asia Pacific
• South America, Middle-East & Africa
o Brazil
o Egypt
o Saudi Arabia
o South Africa
o Nigeria
o Rest of the World
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Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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