DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Laparoscopic Instruments Market - Analysis & Global Forecast to 2021" report to their offering.
The global laparoscopic instruments market is expected to reach USD 11.68 billion by 2021 from USD 7.61 billion in 2016, growing at a CAGR of 8.9%.
Over the years, factors such as growing patient and physician preferences for laparoscopic procedures, rise in the geriatric population, rise in prevalence of colorectal cancer and obesity which can be treated laparoscopically, and technological advances in the field of laparoscopic instruments are expected to drive the global market.
In addition, growth of emerging healthcare markets and the increasing number of free-trade agreements have provided growth opportunities to the market. However, the dearth of trained physicians and growth of robotic minimally invasive surgeries as an alternative to laparoscopic procedures are expected to hinder market growth to a certain extent.
In 2016, North America is expected to account for the largest share of the global laparoscopic instruments market, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). In the coming years, the laparoscopic market is expected to witness the highest growth rate in the Asia-Pacific region. Growth in this region can be attributed to the favorable environment for growth of the market in Japan, Japan's Revitalization Strategy, penetration of key players into China's laparoscopic instruments market, increasing infrastructure to support laparoscopic procedures in India, and growth of medical tourism and the number of hospitals in Asian countries.
- Conmed Corporation
- Cook Medical Inc.
- Ethicon, Inc.
- Karl Storz GmbH & Co.Kg
- Medtronic PLC
- Microline Surgical, Inc.
- Olympus Corporation
- Richard Wolf GmbH
- Smith & Nephew PLC
- Stryker Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Global Laparoscopic Instruments Market, By Product
7 Global Laparoscopic Instruments Market, By Application
8 Global Laparoscopic Instruments Market, By End User
9 Global Laparoscopic Instruments Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/t9hxp6/laparoscopic
Related Topics: Surgical Devices