Disposable Laparoscopic Instruments Market Eyes US$ 7 Billion Milestone by 2028-FMI Study

Disposable Laparoscopic Instruments Market
Disposable Laparoscopic Instruments Market

With a compound annual growth rate (CAGR) of 5.6%, the disposable laparoscopic devices market size is projected to be valued US$ 5 billion in 2022 and US$ 7 billion in 2028.

In terms of value, the global disposable laparoscopic instruments market is projected to register a healthy CAGR of 5.7% during the forecast period due to various factors, regarding which FMI offers vital insights in detail. Increasing demand for minimally invasive procedures is expected to bolster the overall growth of the disposable laparoscopic instruments market globally.

The global disposable laparoscopic instruments market is segmented on the basis of product type, indication, end use and region. On the basis of product type, the market has been segmented into laparoscopic scissors, laparoscopic hooks, grasping forceps & dissectors, trocars, laparoscopic suction / irrigation devices and others. The trocars product segment is expected to register impressive CAGR of 5.4% during the forecast period.

Laparoscopy is a minimally invasive surgical technique performed through a keyhole incision. A small camera along with a light source attached to a tube enables surgeons to manoeuvre special disposable laparoscopic instruments to the target area and carry out the surgery.

This technique is mainly preferred for carrying out surgeries related to the pancreas, liver, colon and bile duct. The use of disposable laparoscopic instruments reduces the risk of infection during surgery.

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Laparoscopic surgery refers to surgical procedures that are performed through one or multiple small incisions, rather than through a larger incision through the abdominal wall. The number of surgeries is increasing across the globe, more then 15–16 million laparoscopic surgeries are performed across the globe. This directly boosts the demand for disposable laparoscopic instruments as they are safe with no chances of infection. However, in the reusable laparoscopic instruments the chances for infection is high as the sterilization process is done manually in individual hospitals.

On the basis of indication, the market is segmented into general surgery, bariatric surgery, colorectal surgery, urology surgery, gynaecologic surgeries and others. Gynaecologic surgeries is expected to dominate the overall disposable laparoscopic instruments market throughout the forecast period. It is expected to witness to have US$ 2,122.7 Million by 2028 end.

On the basis of end users, the global disposable laparoscopic instruments market is segmented into hospitals, ambulatory surgical centres and specialty clinics. In terms of end use, the hospitals segment is expected to witness high growth during the forecast period.

Reducing pricing for market pick up, awareness programs in emerging countries, growing demand for minimally invasive therapies and technological advancement are factors expected to drive the global disposable laparoscopic instruments market over the forecast period.

This report covers trends driving the growth of each segment and offers analysis and insights of the potential opportunities offered in the disposable laparoscopic instruments market in all regions of the world.

North America is expected to dominate the market throughout the forecast period. Foray of leading North American companies into the disposable laparoscopic instruments market over the last few years is a factor expected to boost the overall sale of these devices in the region.

In terms of value, APEJ is expected to witness significant growth during the forecast period. Significant investments in healthcare infrastructure, increasing patient pool along with increasing geriatric population in APEJ are factors expected to boost the revenue growth of the disposable laparoscopic instruments market in the region.

The key players in the global disposable laparoscopic instruments market include B. Braun Melsungen AG, Medline Industries, Inc., Stryker Corporation, Ackermann Instrumente GmbH, ASFS Medic’s company, Medino GmbH, Péters Surgical, Medtronic, Mediflex Surgical Products and Grena LTD.

Key Companies:

  • ASFS Medic’s Company
  • Ackermann Instrumente GmbH
  • AMNOTEC International Medical
  • B. Braun Melsungen AG
  • CONMED Corporation
  • Cook Medical
  • EndoMed Systems GmbH
  • Intuitive Surgical
  • Karl Storz GmbH & CO. KG
  • Medline Industries, Inc.
  • Medtronic plc
  • Microline Surgical, Inc.
  • Mindray Medical International Limited

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Key Segments:

Disposable Laparoscopic Instruments Market by Product Type

  • Laparoscopic Scissors
  • Laparoscopic Hooks
  • Grasping Forceps & Dissectors
  • Trocars
  • Laparoscopic Suction / Irrigation Devices
  • Others

Disposable Laparoscopic Instruments Market by Indication

  • Disposable Laparoscopic Instruments for General Surgeries
  • Disposable Laparoscopic Instruments for Bariatric Surgeries
  • Disposable Laparoscopic Instruments for Colorectal Surgeries
  • Disposable Laparoscopic Instruments for Urology Surgeries
  • Disposable Laparoscopic Instruments for Gynecologic Surgeries
  • Others

Disposable Laparoscopic Instruments Market by End Use

  • Disposable Laparoscopic Instruments for Hospitals
  • Disposable Laparoscopic Instruments for Ambulatory Surgical Centers
  • Disposable Laparoscopic Instruments for Specialty Clinics

Disposable Laparoscopic Instruments Market by Region

  • North America Disposable Laparoscopic Instruments Market
  • Latin America Disposable Laparoscopic Instruments Market
  • Europe Disposable Laparoscopic Instruments Market
  • East Asia Disposable Laparoscopic Instruments Market
  • South Asia & Pacific Disposable Laparoscopic Instruments Market
  • Middle East & Africa (MEA) Disposable Laparoscopic Instruments Market

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

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