The laparoscopic or minimally invasive surgery uses a special surgical instrument known as laparoscope to look inside the body and carry out certain procedures. The laparoscopic instruments market is projected to witness a steady growth rate during the forecast period 2018-2023. The rise in preference of minimal invasive method over invasive surgeries, the high prevalence of lifestyle-oriented diseases, high global expenditure on the laparoscopic market, increasing healthcare market in emerging economies is some of the key factors that are driving the market growth.
The laparoscopic instruments market is segmented into product type, application, and end-user. The segment on the basis of the product type is diversified into laparoscope, insufflator, energy devices, and laparoscopic accessories. The application segment is sub-divided into cardiac surgery, gynecological surgery, neurological surgery, urological surgery, and others. Furthermore, the end-user segment is sub-segmented into hospitals and surgical centers.
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Global laparoscopic instruments market on the basis of geography can be sub-divided into North America, Europe, Asia-Pacific and Rest of the World. Rise in minimal invasive method over invasive surgeries in the US has boosted the growth of the market in North America. The rapidly developing economies of Asia-Pacific are projected to witness the highest growth rate during the forecasted period. The growth in the Asia-Pacific market is backed by increasing healthcare market within the countries. Along with it, high global expenditure on the laparoscopic market is supporting the growth of the Asia-Pacific laparoscopic instruments market.
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Global Laparoscopic Instruments Market Segmentation
By Product Type
· Laparoscope
· Insufflator
· Energy Devices
· Laparoscopic Accessories
By Application
· Cardiac Surgery
· Gynecological Surgery
· Neurological Surgery
· Urological Surgery
· Others
By End-User
· Hospitals
· Surgical Centres
Competitive Landscape
· Key Strategy Analysis
· Key Company Analysis
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)