Market revenue in 2024 | USD 1,816.6 million |
Market revenue in 2030 | USD 2,741.1 million |
Growth rate | 7.1% (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 22.75% in 2024. Horizon Databook has segmented the Europe 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.
Europe held a significant share in the laparoscopic devices market, owing to rising awareness about diseases caused due to obesity. In addition, according to the Eurostat, obesity and weight problems are rapidly increasing in the European Union (EU). For instance, as per the Global Change Data Lab, 22.82% of the EU population was obese in 2016.
Moreover, according to the World Diabetes Foundation, in 2015, 9.0% of the healthcare expenditure in the European region was on diabetes. Such factors are expected to drive growth of European laparoscopic procedures market.
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