Increasing obesity, unhealthy lifestyle, lack of mobility, luxury, overeating is the major cause of chronic diseases like obesity, cardiovascular disease, cancer, diabetes, and other complications. For example, as per the study carried out by WHO in 2017 more than 10 billion adults were overweight and around 650 million were suffering from obesity and cardiovascular diseases, this factor has given rise to bariatric surgeries to cut down excess fat in the body. Further, according to the International Federation of Diabetes, around 463.0 million individuals are living with diabetes globally in 2019. Hence, these factors are giving rise to obesity and bariatric surgeries, which is likely to boost the laparoscopy device market in near future.
The Asia Pacific is projected to gain significant market share during the forecast period. Owing to increasing modernization and huge investment in the healthcare sector. Further, the growing disposable income of an individual is estimated to boost the market growth in the forecast period. The countries dominating the region are India, China, Japan, Australia, Singapore. China has gained more attention in the market due to its well-equipped healthcare infrastructure and growing electronic industry.
Despite a huge decline in the sales of End-User during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 6.6 %, during the tenure of 2021 – 2027.
The study is associated based on major segments and further into sub-segments By Product (Robot-assisted System, Energy Systems, Closure Device, Suction / Irrigation Devices, Insufflation Devices, Laparoscopes, Hand Access Instruments, Robot-assisted System), By Application (Bariatric Surgery, Colorectal Surgery, General Surgery, Gynecological Surgery, Urological Surgery, Others), By End-use (Hospitals, Clinic, Ambulatory) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the End-User trends, along with the major key players- Medtronic; Stryker Corporation; Karl Storz SE & CO. Kg; Johnson and Johnson; Olympus Corporation; CONMED Corporation; B. Braun Melsungen AG; The Cooper Companies Inc.; Richard Wolf GmbH; Microline Surgical; BD; Welfare Medical Ltd.; DEAM; Intuitive Surgical; Shenzen Mindray Bio Medical Electronics Co., Ltd.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Laparoscopic Devices Market.”
https://www.maximizemarketresearch.com/market-report/global-laparoscopic-devices-market/117970/
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