In 2020, the global laparoscopic device and accessories market size was valued at slightly over $13.7 billion, with over 14 million laparoscopic procedures performed every year. In spite of the COVID19 pandemic, the market size is expected to increase at a compound annual growth rate (CAGR) of 1.8% to reach nearly $15.6 billion in 2026.
In 2020, the European laparoscopic device market size was valued at €2.1 billion, with over 1.8 million laparoscopic procedures performed every year. The market size is projected to grow at a compound annual growth rate (CAGR) of 1% to reach nearly €2.2 billion in 2026. Throughout this medical market research, we analyzed 54 laparoscopic device
In 2020, the U.S. laparoscopic devices market size was valued at $4.4 billion, with over 2.7 million laparoscopic procedures performed every year. The market size is expected to increase at a compound annual growth rate (CAGR) of 3.4% to reach $5.6 billion in 2026. Throughout this medical market research, we analyzed 38 laparoscopic device companies across
The full report suite on the Europe market for laparoscopic devices includes laparoscopes, access devices, hand instruments, insufflation devices, suction-irrigation systems, direct energy devices, ultrasonic energy devices, hand-assisted devices, closure devices, gastric bands and laparoscopic morcellators.
Until 1980, fewer than one in ten people were obese. Since then, incidence rates have doubled or tripled. Although growth rates have declined from their historic highs, bariatric surgery is still the fastest growing procedure in laparoscopy. Bariatric surgery, also known as metabolic surgery, is a surgical procedure that removes parts of the stomach or small intestine to induce weight loss. Gastric banding is the least invasive form of bariatric surgery, and is performed laparoscopically. The gastric band is an inflatable silicone band that is placed around the top exterior portion of the stomach. This placement reduces the size of the stomach pouch, thereby restricting the amount of food that the stomach can hold. The band also increases the amount of time required for food to enter the stomach, giving the opportunity for the sense of satiety to be met with the release of peptide YY.