Laparoscopes Market Size by Segments, Share, Regulatory, Reimbursement, Procedures, Installed Base and Forecast to 2033

Laparoscopes Market Report Overview

The laparoscopes market was valued at $952.5 million in 2023 and is forecast to grow at a CAGR of more than 6% during 2023 and 2033. A laparoscope is a thin endoscope with a light source that is passed into the abdomen through a small incision (cut) in the skin to view and examine different organs. It is used for the diagnosis of certain clinical conditions and treatment during minimally invasive surgical procedures, called laparoscopy.

Laparoscopes Market Outlook 2022-2023 ($ Million)

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The Laparoscopes market research report explains the market behavior, which will help identify quantitative market trends within the endoscopy devices therapeutic area. The model discusses in detail the impact of COVID-19 on the Laparoscopes market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.

Laparoscopes Market Dynamics

The technological advancements over the past few years have resulted in the increasing demand for laparoscopes. Rigid-tip laparoscopes are widely used as they are cheaper in price and can be used for a variety of patients and surgeries. As the price of flexible video laparoscopes decreases, their share of the market can increase.

An increasing requirement for surgical procedures performed using laparoscopes (Cholecystectomy, gallbladder surgery, Colon surgery) also accounts for a growing Laparoscopes market.

Laparoscopes Market Segments

The key segments in the laparoscopes market are video laparoscopes and rigid-tip non-video laparoscopes. In 2023, the video laparoscopes segment accounted for the highest market share. They are further classified into rigid-tip video laparoscopes and flexible-tip video laparoscopes. The market for rigid-tip non-video laparoscopes is growing, as there are many uses for this scope. In addition, there have been technological advancements associated with the ancillary instruments used with these laparoscopes.

Laparoscopes Market Analysis by Segments, 2023 (%)

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Laparoscopes Market Segmentation by Regions

The key regions in the Laparoscopes market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, the Asia Pacific (APAC) region accounted for the highest share of the overall laparoscopes market and is expected to retain this position throughout the forecast period. Rigid-tip video laparoscopes make up the largest device segment by value, followed by flexible video laparoscopes. Within the APAC region, Japan has the largest market for laparoscopes, followed by China and India.

Laparoscopes Market Analysis by Regions, 2023 (%)

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Laparoscopes Market – Competitive Landscape

The key companies in the Laparoscopes market are Olympus Corp, Stryker Corp, Smith & Nephew Inc, B. Braun Melsungen AG, and Richard Wolf GmbH among others. In 2023, Olympus Corp accounted for the highest Laparoscopes market share and value.

Laparoscopes Market Analysis by Companies, 2023 (%)

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Segments Covered in this Report

Laparoscopes Segment Outlook ($ Million, 2015-2033)

• Video laparoscopes
• Rigid tip non-video laparoscopes

Laparoscopes Regional Outlook ($ Million, 2015-2033)

• Asia-Pacific
• Europe
• Middle East and Africa
• North America
• South and Central America

Key Inclusions of the market model are –

Currently marketed Laparoscopes market and evolving competitive landscape –

• Insightful review of the key industry trends.
• Annualized total Laparoscopes market revenue by segment and market outlooks from 2015-2033.
• Market-level data on units, average selling prices, and market values.

Global, Regional, and Country level market specific insights –

• Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
• SWOT analysis for the Laparoscopes market.
• Competitive dynamics insights and trends provided for the Laparoscopes market.

Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.

• Country-specific overview of the healthcare system.
• Country-specific reimbursement policies.
• Country-specific medtech regulatory landscape.

Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.

Companies covered: Olympus Corp, Stryker Corp, Smith & Nephew Plc, B. Braun Melsungen AG, Richard Wolf GmbH, ConMed Corp, KARL STORZ SE & Co KG, and Others.

Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.

Scope

This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for

• CMO executives who must have a deep understanding of the Laparoscopes marketplace to make strategic planning and investment decisions.
• Sourcing and procurement executives must understand crucial components of the supply base in order to make decisions about supplier selection and management.
• Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.

Reasons to Buy

The model will enable you to –

• Understand the impact of COVID-19 on Laparoscopes.
• Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
• Develop business strategies by understanding the trends shaping and driving Laparoscopes.
• Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Laparoscopes market in the future.
• Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
• Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
• Track device sales in the global and country-specific Laparoscopes market from 2015-2033.
• Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.