Market revenue in 2024 | USD 1,692.2 million |
Market revenue in 2030 | USD 2,685.1 million |
Growth rate | 8% (CAGR from 2024 to 2030) |
Largest segment | Energy systems |
Fastest growing segment | Robot Assisted Systems |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 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 |
Key market players worldwide | Karl Storz, Medtronic PLC, Johnson & Johnson, Olympus Corp, B. Braun, The Cooper Companies Inc, Richard Wolf, Hoya Corp, BD, Welfare Medical, DEAM, Intuitive Surgical Inc |
Energy systems was the largest segment with a revenue share of 24.39% in 2024. Horizon Databook has segmented the Asia Pacific 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.
The Asia Pacific market is majorly driven by China, Japan, India, Singapore, and Australia. China dominated the APAC laparoscopic devices market in terms of revenue share in 2020. Increase in the number of advanced, well-equipped hospitals and large number of surgical procedures are boosting the market growth in Asia Pacific over the forecast period.
Singapore and South Korea are some of the emerging economies in the Asia Pacific region. Advancing technology, increasing investment, improving reimbursement scenario, and growing medical tourism are likely to drive the Asia Pacific laparoscopic devices market.
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