Sales of Laparoscopic Devices on Upswing with Growing Popularity of Minimally Invasive Procedures and Direct Energy Devices

VALLEY COTTAGE, N.Y. – The worldwide laparoscopic devices market will grow 5.4% in 2019 to total US$ 10 Bn up from US$ 9.5 Bn in 2018, according to Future Market Insights (FMI) report.

Global sales of laparoscopic devices will remain strong going forward, driven by an increase in the number of patients suffering from Crohn’s diseases, gall bladder problem, obesity, and ulcerative colitis along with growing demand for minimally-invasive surgery (MIS). Moreover, governments are taking initiatives to create awareness regarding the benefits of MIS and to improve the adoption rate. For instance, a few government organizations such as the International Society of Gynecologic Endoscopy (ISGE) and American Association of Gynecologic Laparoscopists (AAGL) have collaborated with healthcare agencies situated in South Africa.

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“Healthcare providers are shifting towards MI procedures, as traditional open surgeries are more painful and require long hospital stays. MI surgeries are further gaining traction as they eliminate the risks associated with open surgeries such as infections and blood clots. The result will lead to increasing demand for laparoscopic devices through 2029,” says FMI analyst.

Colorectal and Bariatric Surgeries to Ramp up Laparoscopic Device Sales

Increasing prevalence of colorectal related diseases such as colorectal cancer will continue to drive the market growth. In order to treat the mentioned disease, laparoscopic surgical treatment is commonly considered depending upon the patient’s condition. On the other hand, increasing cases of urological diseases and obesity will contribute to the laparoscopic devices market growth. Bariatric surgeries are performed to treat obesity leading to weight loss by restricting the amount of food storage in the stomach. Collectively, the demand for laparoscopic devices for bariatric and colorectal surgeries account for more than half of the total market share. In addition, an increase in demand for these devices for gynecological surgery is expected to catapult the market growth.

Preview Analysis Of 2019 Analysis and Review of Laparoscopic Devices Market by Product – Direct Energy System Devices, Trocars/ Access Devices, Internal Closure Devices, Laparoscopes, Hand Access Instruments, Insufflation Devices, And Robotic Assisted Surgical Systems for 2019 – 2029:

Direct Energy Devices – Changing the Face of Laparoscopic Surgery

Sales of direct energy devices for laparoscopic surgery are growing on robust pace, due to their inexpensive nature and reusability. In order to gain competitive edge, manufacturers are focusing on innovations in the direct energy devices such as Olympus surgical energy system Thunderbeat. This is a vastly adaptable instrument designed to incorporate ultrasonic energy for rapid tissue cutting and improved dissection, short operating time, and standardization & optimization of the entire workflow. Thus, the demand for direct energy devices will continue augment the growth of the laparoscopic devices market.

North America, and Western Europe to Record Relatively Large Sales

In 2019, North America (1/3rd), and Western Europe (1/5th)are set to exhibit larger sales of laparoscopic devices as compared to other regions. In developed regions, faster adoption of technologically advanced products such as energy systems is expected to fuel up the market growth.  Increasing presence of major vendors, availability of advanced laparoscopic instruments and accessories, and growing demand for MI surgical techniques are the major dynamics that will propel the North America’s laparoscopic market growth.

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