Report ID: SQMIG35A2619
Report ID:
SQMIG35A2619 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|
Tables:
98 |
Figures:
76
Laparoscopic Devices Market size was valued at USD 7.8 Billion in 2023 and is poised to grow from USD 8.37 Billion in 2024 to USD 14.77 Billion by 2032, growing at a CAGR of 7.35% during the forecast period (2025-2032).
The surging incidence of chronic diseases and rising preference for minimally invasive surgeries are expected to primarily drive up the demand for laparoscopic devices across the study period and beyond. Advancements in laparoscopic device technologies are also estimated to create new opportunities for laparoscopic device suppliers in the future. Rising geriatric population around the world is also estimated to offer a wider business scope for laparoscopic device companies operating in this market. Growing adoption of laparoscopic devices in outpatient facilities is also forecasted to bolster the sales of laparoscopic devices in the long run. Increase in incidence of patients suffering from conditions such as uterine fibroids and endometriosis are also expected to bolster the demand for laparoscopic devices over the coming years. On the contrary, steep learning curve for surgeons, risk of device malfunction and failure, high initial costs, and limited accessibility are some key constraints that are slated to negatively impact laparoscopic devices market forecast in the long run. .
US Laparoscopic Devices Market is poised to grow at a sustainable CAGR for the next forecast year.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG35A2619