Laparoscopic Instruments Industry Is Projected To Be Worth 11.68 Billion USD By 2021
This report studies the global laparoscopic instruments market during the forecast period of 2016 to 2021. The market is expected to reach USD 11.68 Billion by 2021 from USD 7.61 Billion in 2016, at a CAGR of 8.9% during the forecast period.
(EMAILWIRE.COM, January 03, 2017 ) Browse 124 market data Tables and 37 Figures spread through 191 Pages and in-depth TOC on "Laparoscopic Instruments Market"
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Based on applications, the market is segmented into bariatric surgery, gynecological surgery, general surgery, urological surgery, colorectal surgery, and pediatric surgery. In 2016, the gynecological surgery instruments segment is estimated to account for the major share of the laparoscopic instruments market. This is owing to laparoscopy being widely used in obstetrics and gynecology, especially in procedures such as hysterectomy, hysteroscopy, amnioscopy, myomectomy, fetoscopy, and ovarian cyst removal, among others.
Based on end users, the market is segmented into hospitals and ambulatory surgical centers. In 2016, the hospitals segment is estimated to account for the major share of the laparoscopic instruments market. Hospitals prefer laparoscopic procedures to open surgical procedures as it offers advantages such as lesser costs, decreased average length of stay (ALOS) of patients, and increased patient satisfaction. Thus, hospitals are currently the largest end-user segment of the laparoscopic instruments market.
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On the basis of region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In 2016, North America is expected to account for the largest share of the laparoscopic instruments market. However, the Asia-Pacific market is slated to grow at the highest CAGR during the forecast period and serve as a revenue pocket for companies offering laparoscopic instruments. This is owing to the impetus provided by the entry of key market players into this market and growing infrastructure support for laparoscopic procedures in India, South Korea, and Singapore.
The major players in the laparoscopic instruments market include Karl Storz GmbH & Co.KG (Germany), Olympus Corporation (Japan), Medtronic plc (Ireland), B. Braun Aesculap (Germany), Stryker Corporation (U.S.), Richard Wolf GMBH (Germany), Ethicon, Inc. (U.S.), Smith & Nephew PLC (U.K.), Cook Medical Incorporated (U.S.), and ConMed Corporation (U.S.).
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M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
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http://www.marketsandmarkets.com/Market-Reports/laparoscopic-instruments-market-130019497.html
Early buyers will receive 10% customization on this report.
The http://www.marketsandmarkets.com/speaktoanalyst.asp?id=130019497
Based on applications, the market is segmented into bariatric surgery, gynecological surgery, general surgery, urological surgery, colorectal surgery, and pediatric surgery. In 2016, the gynecological surgery instruments segment is estimated to account for the major share of the laparoscopic instruments market. This is owing to laparoscopy being widely used in obstetrics and gynecology, especially in procedures such as hysterectomy, hysteroscopy, amnioscopy, myomectomy, fetoscopy, and ovarian cyst removal, among others.
Based on end users, the market is segmented into hospitals and ambulatory surgical centers. In 2016, the hospitals segment is estimated to account for the major share of the laparoscopic instruments market. Hospitals prefer laparoscopic procedures to open surgical procedures as it offers advantages such as lesser costs, decreased average length of stay (ALOS) of patients, and increased patient satisfaction. Thus, hospitals are currently the largest end-user segment of the laparoscopic instruments market.
Request For The Customized Information@
http://www.marketsandmarkets.com/requestCustomization.asp?id=130019497
On the basis of region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In 2016, North America is expected to account for the largest share of the laparoscopic instruments market. However, the Asia-Pacific market is slated to grow at the highest CAGR during the forecast period and serve as a revenue pocket for companies offering laparoscopic instruments. This is owing to the impetus provided by the entry of key market players into this market and growing infrastructure support for laparoscopic procedures in India, South Korea, and Singapore.
The major players in the laparoscopic instruments market include Karl Storz GmbH & Co.KG (Germany), Olympus Corporation (Japan), Medtronic plc (Ireland), B. Braun Aesculap (Germany), Stryker Corporation (U.S.), Richard Wolf GMBH (Germany), Ethicon, Inc. (U.S.), Smith & Nephew PLC (U.K.), Cook Medical Incorporated (U.S.), and ConMed Corporation (U.S.).
About MarketsandMarkets:
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Subscribe Reports from Healthcare Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp
Contact:
Mr. Rohan
MarketsandMarkets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Telephone No : 1-888-600-6441.
Contact Information:
MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results