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
Hand-assisted devices are used mainly during hand-assisted laparoscopic surgery (HALS). HALS is a type of surgery that allows the surgeon to use his or her non-dominant hand through a hand port device in conjunction with standard laparoscopic instruments held in the dominant hand. With both the hand and laparoscopic instruments working in tandem, the surgeon has better control of the operation and has better depth perception and tactile sensation, which aids in tissue extraction and reduces operative time. This technique effectively reduces the level of difficulty associated with performing laparoscopic procedures as surgeons do not have to rely solely on the video image in order to manipulate their instruments. HALS is predominantly used during colectomies, nephrectomies, splenectomies and the resection of the large intestine, kidney and liver. This technique is usually employed on obese patients undergoing the aforementioned procedures, as it makes operating on larger patients significantly easier.
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.
HALS is technically much easier than total laparoscopy, but many surgeons are drawn to smaller incisions. When this is taken into account, HALS is less attractive because it requires a longer incision than single port surgery and standard laparoscopy. As a point of pride, some surgeons abstain from these procedures because they believe that laparoscopic surgeons should only use laparoscopic instruments. This sentiment is quite popular among surgeons, which has lead, in part, to a decline in this market.