Germany Laparoscopic Devices Market Size & Outlook
Germany laparoscopic devices market, 2018-2030 (US$M)
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Germany laparoscopic devices market highlights
- The Germany laparoscopic devices market generated a revenue of USD 293.0 million in 2023 and is expected to reach USD 472.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, energy systems was the largest revenue generating product in 2023.
- Robot Assisted Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Laparoscopic devices market data book summary
| Market revenue in 2023 | USD 293.0 million |
| Market revenue in 2030 | USD 472.7 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Energy systems |
| Fastest growing segment | Robot Assisted Systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
| 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 |
Other key industry trends
- In terms of revenue, Germany accounted for 3.8% of the global laparoscopic devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany laparoscopic devices market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 472.7 million by 2030.
Energy systems was the largest segment with a revenue share of 22.29% in 2023. Horizon Databook has segmented the Germany 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.
Reliable medical outcomes and increasing awareness about benefits of laparoscopic procedures are anticipated to enhance market growth. In addition, intensive training programs related to laparoscopy procedures are being organized in Germany, to increase efficiency and success rate of such surgeries.
For instance, in March 2017, a 3-day program was organized on gynecology, endoscopy, and laparoscopic procedures by the International Society for Gynecologic Endoscopy (ISGE).These initiatives are expected to create lucrative opportunities for market growth.
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Laparoscopic Devices Market Scope
Laparoscopic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany laparoscopic devices market size, by product, 2018-2030 (US$M)
Germany Laparoscopic Devices Market Outlook Share, 2023 & 2030 (US$M)
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