Laparoscopy and Endoscopy Devices Market Emerging Trends, Demand, Revenue and Forecasts Research 2027

The global laparoscopy and endoscopy devices market is projected to be worth USD 28.30 Billion by 2027, according to a current analysis by Emergen Research. The laparoscopy and endoscopy devices market is observing high demand attributed to the rising occurrence of chronic diseases such as cancer. Cancer significantly impacts the societal and economic growth in the US and worldwide and is a major contributor to the cost burden of disease. It has been anticipated that 1,806,590 new cancer cases are likely to be diagnosed in the US in 2020, and 606,520 deaths will occur owing to the disease. Gastrointestinal (GI) cancer is the second leading cause of mortalities due to cancer and GI endoscopy. It is the most appropriate way for diagnosing the disease and hence boosting the laparoscopy endoscopy devices market demand.

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Key Highlights From The Report

In October 2019, Medtronic PLC made an announcement about the introduction of GI Genius™ intelligent endoscopy module, which deploys AI to identify colorectal polyps and offer physicians with a strong tool in combatting colorectal cancer.

Gynecological endoscopy is likely to witness a significant growth rate in the forecast period and finds usage in diagnosing common female conditions and pathologies, including certain infertility problems, endometrial polyps, and small vaginal hemorrhages, among others.

Surging demand for keyhole surgery is a significant factor in driving the laparoscopy devices market growth attributed to its benefits comprising shorter stay at the hospital, quicker recovery time, reduced pain & bleeding post-surgery, and less scarring.

The laparoscopy and endoscopy devices market in the Asia Pacific region is estimated to grow at the fastest rate in the forecast period due to considerable economic growth, developing healthcare infrastructure, rising incidence of cancer, and a rising popularity of advanced diagnostic procedures.

Key participants include Stryker Corporation, Fujifilm, Smith & Nephew PLC, Cook Medical, Boston Scientific, B. Braun Melsungen, Olympus, Medtronic, Karl Storz, and Hoya Corporation, among others.

Device Type Outlook (Revenue, USD Billion; 2017-2027)

Laparoscopy Device

Endoscopy Device

Application Outlook (Revenue, USD Billion; 2017-2027)

Gastrointestinal Surgery

Cardiac Surgery

Gynecology Surgery

Orthopedic Surgery

Urologic Surgery

Neurological Surgery

Others

End Users Outlook (Revenue, USD Billion; 2017-2027)

Hospitals & Clinics

Ambulatory Surgical Centers

Others

The global Laparoscopy and Endoscopy Devices market can geographically segmented into the following significant regions:

North America (U.S. and Canada)

Latin America (Brazil)

Asia Pacific (Australia, China, Japan, India)

Europe (U.K., Germany, France)

Middle East & Africa (Egypt, South Africa, Israel, Turkey, GCC Countries)

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Laparoscopy and Endoscopy Devices (QCL) Market Segmentation & Impact Analysis

    4.1. Laparoscopy and Endoscopy Devices (QCL) Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Growing Demand for Laparoscopy and Endoscopy Devicess in Healthcare Applications

                    4.2.2.2. Increasing Use of Laparoscopy and Endoscopy Devicess in Gas Sensing

          4.2.3. Market restraints analysis

                    4.2.3.1. High Cost

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Laparoscopy and Endoscopy Devices (QCL) Market By Fabrication Technology Insights & Trends, Revenue (USD Million)

Chapter 6. Laparoscopy and Endoscopy Devices (QCL) Market By Packaging Type Insights & Trends Revenue (USD Million)

Chapter 7. Laparoscopy and Endoscopy Devices (QCL) Market By Mode of Operation Insights & Trends Revenue (USD Million)

Chapter 8. Laparoscopy and Endoscopy Devices (QCL) Market By End Use Insights & Trends Revenue (USD Million)

Chapter 9. Laparoscopy and Endoscopy Devices (QCL) Market Regional Outlook

Continued…