Laparoscopic Access Instruments Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Laparoscopic Access Instruments Market Report Overview
The laparoscopic access instruments market size was $1.04 billion in 2023. The market is expected to grow at a CAGR of more than 4% during 2023-2033. Laparoscopic access instruments are used during laparoscopic procedures for the placement of medical devices, such as graspers, scissors, and forceps. Laparoscopic access instruments are used in numerous minimally invasive surgical (MIS) procedures spanning multiple therapeutic areas and fields of expertise.
Laparoscopic Access Instruments Market Outlook, 2023-2033 ($ Billion)
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The Laparoscopic Access Instruments market research report has been created to understand market behavior, which will help identify quantitative market trends in the endoscopy devices therapeutic area. The model discusses in detail the impact of COVID-19 on the laparoscopic access instruments 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 your in-licensing and out-licensing strategies.
Market Size (2023) | $1.04 billion |
CAGR (2023-2033) | >4% |
Forecast Period | 2023-2033 |
Historical Period | 2015-2022 |
Key Segments | · Laparoscopic Retractors
· Laparoscopic Trocars |
Key Regions | · North America
· Europe · Asia Pacific · South Central America · Middle East and Africa |
Leading Companies | · Applied Medical Resources Corporation
· Medtronic Plc · Ethicon Inc · KARL STORZ SE & Co KG · Olympus Corp |
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Laparoscopic Access Instruments Market Dynamics
The market for laparoscopic access instruments is expected to grow due to the rise in the number of surgical and MIS procedures. An increase in the population of geriatric patients is also a contributing factor to market growth in the developed countries, along with advancements in technology used for MIS, and favorable reimbursement policies.
Laparoscopic Access Instruments Market Segments
The key segments in the laparoscopic access instruments market are laparoscopic retractors and laparoscopic trocars. Laparoscopic trocars led the laparoscopic access instruments market in 2023. A laparoscopic trocar is a pen-shaped instrument with a sharp triangular point at one end. It is used inside a cannula or sleeve to create an opening into the body through which the sleeve may be introduced to provide an access port during minimally invasive surgeries that involve laparoscopes. Laparoscopic trocars can be further sub-segmented into disposable laparoscopic trocars and reusable laparoscopic trocars.
Laparoscopic Access Instruments Market Analysis by Segments, 2023 (%)
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Laparoscopic Access Instruments Market Segmentation by Regions
The key regions in the laparoscopic access instruments market are North America, Europe, Asia Pacific, South Central America, and the Middle East and Africa. In 2023, North America dominated the laparoscopic access instruments market and will retain its position throughout the forecast period. Reusable trocars and retractors will become less prevalent in North America throughout the forecast period, while disposable trocars and retractors will grow in value. This is because disposable instruments have a lesser chance of cross-contamination compared to reusable ones.
Laparoscopic Access Instruments Market Analysis by Regions, 2023 (%)
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Laparoscopic Access Instruments Market - Competitive Landscape
A few of the leading companies in the laparoscopic access instruments market are:
- Applied Medical Resources Corporation
- Medtronic Plc
- Ethicon Inc
- KARL STORZ SE & Co KG
- Olympus Corp
Applied Medical Resources Corporation dominated the market in 2023.
Laparoscopic Access Instruments Market Analysis by Companies, 2023 (%)
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Segments Covered in the Report
Laparoscopic Access Instruments Segments Outlook (Value, $ Billion, 2015-2033)
- Laparoscopic Retractors
- Disposable Laparoscopic Retractors
- Reusable Laparoscopic Retractors
- Laparoscopic Trocars
- Disposable Laparoscopic Trocars
- Reusable Laparoscopic Trocars
Laparoscopic Access Instruments Regional Outlook (Value, $ Billion, 2015-2033)
- North America
- Europe
- Asia Pacific
- South Central America
- Middle East & Africa
Key Inclusions
Currently marketed Laparoscopic Access Instruments and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total Laparoscopic Access Instruments 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 Laparoscopic Access Instruments market.
- Competitive dynamics insights and trends provided for the Laparoscopic Access Instruments market.
Get an in-depth understanding of consumer behavior through the market access segment and the overview of the healthcare system. The report also offers 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, the report helps determine market trends through real-world data sources including government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Medtronic Plc, Johnson & Johnson, KARL STORZ SE & Co KG, Olympus Corp, ConMed Corp, Teleflex Inc, Medline Industries Inc, Cook Group Inc, Linden Capital Partners LLC, Integra LifeSciences Holdings Corp, Applied Medical Corporation, Becton Dickinson and Co, Artisan Medical, 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 report provides:
- Insightful review of the key industry trends.
- Annualized total Laparoscopic Access Instruments market revenue by segment and market outlooks.
- Market-level data on units, average selling prices, and market values.
- Global, regional, and country-level market-specific insights including qualitative market-specific information 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 Laparoscopic Access Instruments market.
- Competitive dynamics insights and trends provided for the Laparoscopic Access Instruments market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
- Understand the impact of COVID-19 on the Laparoscopic Access Instruments market.
- 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 the Laparoscopic Access Instruments market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Laparoscopic Access Instruments market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
- Track device sales in the global and country-specific Laparoscopic Access Instruments 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.
Ethicon Inc
KARL STORZ SE & Co KG
Olympus Corp
ConMed Corp
Teleflex Inc
Medline Industries LP
Cook Medical Inc
Millennium Surgical Corp
Integra LifeSciences Holdings Corp
Applied Medical Resources Corporation
Becton Dickinson and Co
Artisan Medical
Others
Frequently asked questions
-
What was the laparoscopic access instruments market size in 2023?
The laparoscopic access instruments market size was $1.04 billion in 2023.
-
What will the laparoscopic access instruments market growth rate be during the forecast period?
The laparoscopic access instruments market is expected to grow at a CAGR of more than 4% during 2023-2033.
-
Which region dominated the laparoscopic access instruments market in 2023?
North America dominated the overall laparoscopic access instruments market in 2023.
-
Which segment led the laparoscopic access instruments market in 2023?
Laparoscopic trocars led the laparoscopic access instruments market in 2023.
-
Which are the leading companies in the laparoscopic access instruments market?
A few of the leading companies in the laparoscopic access instruments market are Applied Medical Resources Corporation, Medtronic Plc, Ethicon Inc, KARL STORZ SE & Co KG, and Olympus Corp, among others.
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