rising demand for non-invasive treatments is estimated to propel the global disposable laparoscopic instruments market growth in the upcoming years. the north american region is expected to grab major market share in the forecast period.
Research Dive has added a new report to its offering titled, “Disposable Laparoscopic Instruments Market, By Product Types (Laparoscopic Scissors, Laparoscopic Hooks, Grasping Forceps & Dissectors, Trocars, Laparoscopic Suction / Irrigation Devices, and Others), Indications (General Surgery, Bariatric Surgery, Colorectal Surgery, Urology Surgery, Gynecologic Surgeries, and Others), End-Use (Hospitals, Ambulatory Surgical Centres, and Specialty Clinics) Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2020–2027”.
The global disposable laparoscopic instruments market is projected to reach up to $6,584.7 million by 2027, growing at a CAGR of 5.5% from 2020 to 2027. As per the report, the North American region is projected to seize a maximum market share during the anticipated period, due to rising investments in R&D and technological advances, powerful healthcare infrastructure, and rising occurrence of numerous internal disorders in the region.
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• Key Segment Findings of the Market:
The market is segmented on the basis of product types, indications, end use, and region.
– Among product types segment, the trocars sub-segment is expected to grab significant market share during the forecast period; mostly due to the benefits of trocars such as high accuracy, efficiency, and easing the surgical procedures by removing excess fluids.
– Among end-use segment, the hospital sub-segment is expected to undergo significant growth in the forecast period. This is mainly owing to highly advanced hospitals with efficient surgical instruments and technological equipment, trained professionals, and cost-effective treatments.
– Based on region, the Asia Pacific region market is expected to undergo significant growth throughout the forecast period; mainly owing to increasing investments in the healthcare sector, growing awareness and acceptance of disposable laparoscopic devices, rising geriatric population, and growing disposable income of the people in the region.
• Market Dynamics
As per the report, increasing requirement for non-invasive treatments, reducing prices of healthcare services, and growing geriatric population are fueling the global disposable laparoscopic instruments market growth. Moreover, mounting economic competences, technological advancements and innovations, and rising investments in R&D are likely to open rewarding opportunities for the market growth. However, lack of expert laparoscopic surgeons, and poor quality of surgical instruments are likely to detain the growth of the market.
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• Key Players of the Industry
The major players of the global disposable laparoscopic instruments industry are mediflex-surgical-products, Stryker, Medline Industries, Inc., ASFS Medic’s company, Medino GmbH, B. Braun Melsungen AG, Grena LTD., Péters Surgical., Medtronic, Ackermann Instrumente GmbH, and others. These players are involved in various activities such as novel product developments, R&D activities, acquisitions and mergers, etc. which is contributing to the growth of the market. Furthermore, the report furnishes some of the recent developments, performance, financial status, and product portfolio of these players along with Porter Five analysis and SWOT analysis.
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