Asia-Pacific Laparoscopy Device Market to Exhibit 8.23% CAGR by 2022; Rides on Growing Demand for Minimally-Invasive Surgeries: Market Data Forecast
Asia-Pacific Laparoscopy Device Market by Product Type (Internal Closure Devices, Hand Access Instruments, Robotic Assisted Surgical System, Laparoscopes, Direct Energy Systems and Insufflation Devices)
(EMAILWIRE.COM, February 06, 2018 ) The Asia-Pacific Laparoscopy Device Market was worth $1.09 billion in 2016 and estimated to be growing at a CAGR of 8.23%, to reach $1.62 billion by 2021. Asia Pacific will offer great opportunities to this market in the coming years. This region market will grow at a much higher rate compared to the market in the US and Europe.
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he use of laparoscopy devices permits greater accuracy, which is why these devices are progressively becoming an integral part of operation units. Driven by a skid of supplementary benefits, laparoscopy has developed into a surgical standard with ample number of open surgeries shifting gradually to this surgical procedure over the past few years.
Due to the increasing distresses about the occurrence of morbid obesity and a huge population with unusual high body weight, bariatric procedures are becoming a commonality. Quick recovery and reduced hospital stay are the advantages of laparoscopy devices for surgeries which is supporting the growth of the market. The growth of this market is restrained due to few reasons such as side effects associated with the use of laparoscopic devices and high cost of devices.
The Asia-Pacific laparoscopic market is segmented on the basis of product into internal closure devices, hand access instruments, robotic assisted surgical system, laparoscopes, direct energy systems and insufflation devices. Based on therapeutic application the market is divided into colorectal surgery, gynaecological surgery, general surgery, bariatric surgery and urological surgery. On the basis of end-users the market is bifurcated into hospitals, clinics and ambulatory surgical centers. Direct energy system devices segment has accounted for maximum share in 2016 and is projected to register a healthy CAGR in the forecast period.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/asia-pacific-laparoscopy-device-market-671/request-sample
Based on geography the market is analysed under various regions namely, China, India, Japan, South Korea and Australia. Due to increasing in geriatric population in the countries like India and China, the market is estimated to experience robust growth in the forecast period.
Some of the major players in the laparoscopy market are Boston Scientific Corporation, Karl Storz, ConMed, Aesculap, Covidien, Olympus, Intuitive Surgical, Stryker, Medtronic, B. Braun Melsungen AG, Ethicon US LLC and Smith & Nephew.
Market Segmentation
1) By Product Type
Internal Closure Devices
Hand Access Instruments
Robotic Assisted Surgical System
Laparoscopes
Direct Energy Systems
Insufflation Devices
2) By Therapeutic Application
Colorectal Surgery
Gynaecological Surgery
General Surgery
Bariatric Surgery
Urological Surgery
3) By End Users
Hospitals
Ambulatory Surgical Centers
Clinics
Inquire before Buying at http://www.marketdataforecast.com/market-reports/asia-pacific-laparoscopy-device-market-671/inquire
Reasons to buy Asia-Pacific Laparoscopy Device Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialties with competitive pricing options.
For more information, kindly visit, www.marketdataforecast.com
View Full Report @ http://www.marketdataforecast.com/market-reports/asia-pacific-laparoscopy-device-market-671/
he use of laparoscopy devices permits greater accuracy, which is why these devices are progressively becoming an integral part of operation units. Driven by a skid of supplementary benefits, laparoscopy has developed into a surgical standard with ample number of open surgeries shifting gradually to this surgical procedure over the past few years.
Due to the increasing distresses about the occurrence of morbid obesity and a huge population with unusual high body weight, bariatric procedures are becoming a commonality. Quick recovery and reduced hospital stay are the advantages of laparoscopy devices for surgeries which is supporting the growth of the market. The growth of this market is restrained due to few reasons such as side effects associated with the use of laparoscopic devices and high cost of devices.
The Asia-Pacific laparoscopic market is segmented on the basis of product into internal closure devices, hand access instruments, robotic assisted surgical system, laparoscopes, direct energy systems and insufflation devices. Based on therapeutic application the market is divided into colorectal surgery, gynaecological surgery, general surgery, bariatric surgery and urological surgery. On the basis of end-users the market is bifurcated into hospitals, clinics and ambulatory surgical centers. Direct energy system devices segment has accounted for maximum share in 2016 and is projected to register a healthy CAGR in the forecast period.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/asia-pacific-laparoscopy-device-market-671/request-sample
Based on geography the market is analysed under various regions namely, China, India, Japan, South Korea and Australia. Due to increasing in geriatric population in the countries like India and China, the market is estimated to experience robust growth in the forecast period.
Some of the major players in the laparoscopy market are Boston Scientific Corporation, Karl Storz, ConMed, Aesculap, Covidien, Olympus, Intuitive Surgical, Stryker, Medtronic, B. Braun Melsungen AG, Ethicon US LLC and Smith & Nephew.
Market Segmentation
1) By Product Type
Internal Closure Devices
Hand Access Instruments
Robotic Assisted Surgical System
Laparoscopes
Direct Energy Systems
Insufflation Devices
2) By Therapeutic Application
Colorectal Surgery
Gynaecological Surgery
General Surgery
Bariatric Surgery
Urological Surgery
3) By End Users
Hospitals
Ambulatory Surgical Centers
Clinics
Inquire before Buying at http://www.marketdataforecast.com/market-reports/asia-pacific-laparoscopy-device-market-671/inquire
Reasons to buy Asia-Pacific Laparoscopy Device Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialties with competitive pricing options.
For more information, kindly visit, www.marketdataforecast.com
Contact Information:
Market Data Forecast
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results