Laparoscopy Devices Market (2018-2024) | KBV Research
Laparoscopy is a minimally invasive operating
technique carried out by keyhole incision, especially for the abdominal organs.
Targeted laparoscopic treatment areas include bile duct, column, liver,
pancreas, etc. Due to the advent of technological advances in energy equipment
and laparoscopes, demand for laparoscopydevices has increased considerably over recent years.
The patients with laparoscopic surgery have
several advantages versus the more frequent, open operation. These include
decreased pain because of smaller incisions and shorter recovery periods. A long
fiber optic cable system, which enables the view of the affected area to be
viewed by snooping onto the cable from a remote but easier to access location,
is the key element. Due to this, there has been a fast adoption rate on the
laparoscopy device market. The market for laparoscopic devices is driven by the
growth in morbid obesity that leads to increased demand in bariatric surgery,
such as gastric bypass, gastrectomy, and laparoscopic gastric banding. Moreover,
emerging countries are expected to increase healthcare expenditure, creating
new opportunities for market development.
Laparoscopes
A laparoscope is an instrument that allows
structures to be seen inside the abdomen and pelvis. In the abdomen wall, a
small operational incision (cut) allows the laparoscope to enter the pelvis or
abdomen. The same incision or other small incisions to insert probes and other
instruments can be used to push a range of tubes. This allows for a number of
operations without the need for a large operational incision. Today, almost
every part of the body with a laparoscope including the joints of the body can
be seen.
Energy
devices for Laparoscopy
The energy devices industry is the fastest
evolving industry currently. This is because progress on energy devices used to
laparoscopy and the large-scale inclusion of these devices in laparoscopic
applications has been increased. Furthermore, during the forecast period, the
laparoscope segment is expected to grow rapidly. Monopolar energy is witnessing
a widespread adoption in electrosurgical modality because of its versatility
and clinical effectiveness.
Robot-assisted
surgical systems for Laparoscopy
The robot-assisted surgical systems for
laparoscopy are projected to grow with the highest level of growth rate due to
the ability of these systems to make minimally invasive operations easier. The
global demand for laparoscopic surgeries has been increased by robotic- based
surgery for hysterectomy, prostatectomy, nephrectogenesis, the removal of
fibroid and others. The solution to underdeveloped countries is a robotic
operation, with several remote machines at remote locations operated by a single
central hospital. The potential for robotic surgery was also strongly influenced
by the military in order to provide mobile medical services while safeguarding
trained doctors.
Understanding
the need for Laparoscopy Devices
According to a recently published report by KBV
Research, one of the leading market research companies, the worldwide market
for Laparoscopy Devices is anticipated to reach $16.0 billion by 2024,
mounting at a CAGR of 6.4% during
the forecast period. The application of bariatric surgery accounts for
approximately one-fifth of the share in 2015, driven by an increased range of
surgeries such as the gastric bypass, sleeve gastrectomy, and stomach banding. The
rising obese patients are expected to increase the likelihood of related disorders
such as cardiovascular diseases, cancer, osteoarthritis, and diabetes, for which
the demand for laparoscopic based bariatric surgery worldwide will increase.
The
Evolution of Laparoscopy devices
In terms of the concept of laparoscopy,
postoperative pain minimizes, recovery times get accelerated, and the improved
visual field for the surgeons gets maintained. In the last two decades, a
variety of surgical subspecialties, including gastrointestinal operation
(including the bariatric procedure for morbid obesity), gynaecologic surgery
and urology, have been taken into account by improving patient outcomes. The
method has proven beneficial for the reduction of postoperative morbidities
such as wound and incidence (particularly in morbidly obese patients), based on
numerous randomized controlled trials. It is now considered safe to operate on
cancers such as colonic cancer.
Driving
Factors
Hospitals have high market potential for laparoscopydevices market growth as the demand for minimally invasive surgeries (MIS)
has increased and government initiatives to improve health care facilities have
surged. It is estimated that the impact of driving factors will exceed the
limitations. In addition, new markets are emerging and robot-aided technologies
are likely to increase in the near future and offer new opportunities for
growth. The key factors that drive the global laparoscopy devices market
include a rise in the number of obese population, growth in laparoscopic-based
bariatric surgeries for weight reduction, and an increase in technological
advancements pertaining to these devices.
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