Market revenue in 2023 | USD 7,712.9 million |
Market revenue in 2030 | USD 12,675.7 million |
Growth rate | 7.4% (CAGR from 2023 to 2030) |
Largest segment | Energy systems |
Fastest growing segment | Insufflation Device |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Laparoscopes, Energy Systems, Trocars, Closure Devices, Suction/ Irrigation Device, Insufflation Device, Robot Assisted Systems, Hand Access Instruments |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to laparoscopic devices market will help companies and investors design strategic landscapes.
energy systems was the largest segment with a revenue share of 20.77% in 2023. Horizon Databook has segmented the Global laparoscopic devices market based on laparoscopes, energy systems, trocars, closure devices, suction/ irrigation device, insufflation device, robot assisted systems, hand access instruments covering the revenue growth of each sub-segment from 2018 to 2030.
Minimally invasive surgeries are gaining popularity owing to the reduced risk and trauma associated with these procedures. Smaller incisions decrease postoperative pain facilitate speedy recovery, leading to high adoption of these procedures and triggering the growth of R&D in this field. Several key players are investing in R&D for the launch of innovative minimally invasive surgical instruments.
For instance, introduction of medical robots for assisting surgeons in procedures is a key development in the field. According to Intuitive Surgical, Inc., till September 2017, 4,271 units of da Vinci Surgical System were installed worldwide 2,770 in the U.S., 719 in Europe, 561 in Asia, and 221 in the rest of world.
Horizon Databook provides a detailed overview of global-level data and insights on the Global laparoscopic devices market , including forecasts for subscribers. This global databook contains high-level insights into Global laparoscopic devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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