North America Laparoscopic Devices Market Size & Outlook
North America laparoscopic devices market, 2018-2030 (US$M)
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North America laparoscopic devices market highlights
- The North America laparoscopic devices market generated a revenue of USD 2,650.2 million in 2023.
- The market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, robot assisted systems was the largest revenue generating product in 2023.
- Hand Access Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,650.2 million |
| Market revenue in 2030 | USD 4,291.5 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Robot assisted systems |
| Fastest growing segment | Hand Access Instruments |
| 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 |
| 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, North America region accounted for 34.4% of the global laparoscopic devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,685.1 million by 2030.
Robot assisted systems was the largest segment with a revenue share of 20.87% in 2023. Horizon Databook has segmented the North America 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.
North America laparoscopic devices market is dominated the laparoscopic devices market with highest share of 34.58% in 2020. Increasing dependence on laparoscopic surgeries compared to open surgeries is a major factor driving the market. In addition, competition among prominent players, related to product innovation, will also impact the market.
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Laparoscopic Devices Market Scope
Laparoscopic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America laparoscopic devices market size, by country, 2018-2030 (US$M)
North America Laparoscopic Devices Market Outlook Share, 2023 & 2030 (US$M)
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