Laparoscopic Devices Market Analysis, Size, Trends | Global | 2020-2026 | COVID19 | MedSuite
- Year: 2020
- Scope: 2016-2026
- Region: Africa, Middle East, North America, Asia-Pacific, Europe, Latin America
- Published Date: 9/21/2020
- Pages: 780
- Type: MedSuite
By 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.
Throughout this medical market research, we analyzed 70 laparoscopy companies across more than 70 countries and used our comprehensive methodology to understand the market sizes, unit sales, company market shares, and to create accurate forecasts.
While this MedSuite report contains all the Global Laparoscopy Devices market analysis and data, each of the market segments is also available as stand-alone MedCore reports. This allows you to get access to only the market research that you need.
Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Laparoscopy Procedure Volumes
- Market Forecasts Until 2026, and Historical Data to 2016
- Competitive Analysis with Market Shares for Each Segment
- Market Drivers & Limiters for Each Laparoscopic Devices and Accessories market
- Recent Mergers & Acquisitions
- COVID19 Impact on the Global Laparoscopic Devices and Accessories market
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
The global laparoscopic device market is primarily driven by the continuing adoption of the laparoscopic approach and corresponding growth in procedural volume. The number of laparoscopic procedures is growing at the expense of open alternatives and is also being limited by the emerging trend towards the robotic-assisted approach. Overall, procedural volume was altered by the 2020 pandemic, resulting in a global healthcare crisis. The effect on each segment of the market is still being investigated. The current study discusses an estimated decline in the procedural volume during the pandemic, relative to 2019, varying by region and related specialty, considering priority within the covered indications. The annual procedural volume is expected to return to pre-pandemic levels in 2021.
The estimated decline in the procedural volume will primarily affect disposable products essential to laparoscopic procedures, such as trocars, insufflation devices, certain electrosurgical and ultrasonic instruments, stapling devices and clip appliers. An estimated decline in these segments is based on the decline in unit sales. Redefined surgical protocols are expected to lead to the adoption of infection prevention and related products, enforcing safety measures in the operation theater.
The vast majority of the laparoscopy device market is composed of partially or completely disposable products, namely trocars, insufflation and suction-irrigation tubing sets, advanced bipolar and ultrasonic instruments, laparoscopic stapling products and other devices. The disposable portion of the market, sustained by procedural volume, will continue to drive unit sales in the total market.
COVID19 Impact on the Global Laparoscopic Devices Market
The cancellation and postponing of elective procedures have decreased the number of laparoscopic procedures performed in 2020, which has impacted related markets, such as the majority of disposable laparoscopic products. An estimated decline in procedural volume is expected to primarily affect the disposable trocar, electrosurgical and advanced bipolar device, ultrasonic instrument, stapling device, and clip applier markets.
The estimated decline in these segments is based on the average number of units sold per month and the decline in related procedure volumes. The annual procedural volume is expected to return to pre-pandemic levels in 2021, primarily driven by increased demand in late 2020 / early 2021 to address postponed procedures.
Laparoscopy Market Share Insight
By 2020, Medtronic and Ethicon led the global laparoscopic device market, together generating the vast majority of the market share. These companies dominated the largest segments of the market, such as the closure device, direct energy, and ultrasonic instrument segments. Both companies are recognized global medical manufacturers with diverse product portfolios spanning multiple medical specialties, including minimally invasive surgery, cardiovascular, urology, gynecology, pharmaceuticals, orthopedics, medical imaging, and others.
Olympus gained the third-leading position in the global laparoscopy devices market, due to its strong presence in the Asia-Pacific region. Olympus is recognized for its imaging technology; the company is focused on endoscopy and gastrointestinal specialties. Applied Medical and Karl Storz were the third-leading competitors in the North America and Western Europe regions, respectively.
Report Regional Coverage
Throughout this research series, iData Research has covered several regions in great detail. Each region may be purchased as a stand-alone report, tailoring the data to your needs. The regions covered are:
- North America (the United States and Canada)
- Latin America (Brazil, Mexico, Colombia, Argentina, Peru, Chile, Venezuela, and Other)
- Western Europe (Germany, France, Italy, Spain, Switzerland, Austria, Portugal, Benelux, Scandinavia, and Other)
- Central and Eastern Europe (Poland, Turkey, Russia, Greece, Czech Republic, Croatia, Bulgaria, Ukraine, Kazakhstan, Hungary, Romania, Baltic States (Estonia, Latvia, and Lithuania), and Other)
- Middle East (Saudi Arabia, UAE, Israel, Iran, Kuwait, Qatar, Bahrain, Oman, and Other)
- Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Indonesia, Malaysia, Thailand, the Philippines, Brunei, Myanmar, Cambodia, Vietnam, New Zealand, Taiwan, Hong Kong, and Other)
- Africa (South Africa, Egypt, Morocco, Ghana, Nigeria, Libya, Sudan, Uganda, Kenya, and Other)
Detailed Market Segmentation
- Laparoscopic Procedure Volumes – MedPro – The complete procedural analysis of the Laparoscopic Device market, which includes Cholecystectomy, Nephrectomy, Adrenalectomy, Bariatric surgery, Anti-Reflux, Colectomy, Appendectomy, Hernia Repair, and Hysterectomy procedures.
- Laparoscope Market – MedCore – The market is further broken down into Rod Lens Laparoscope and Video Laparoscope market segments.
- Access Device Market – MedCore – The market consists of the segments, such as Trocars and Single Port Access Devices.
- Hand Instrument Market – MedCore – The market analysis is comprised of Reusable, Disposable, Reposable, and Articulating hand instruments market segments.
- Insufflation Device Market – MedCore – The market is comprised of the markets for Insufflator Console, Insufflator Tubing, and Veress Needles.
- Suction-Irrigation Market – MedCore – The market is broken down by Device Type, such as Conventional and Multifunctional devices.
- Direct Energy Market – MedCore – The chapter includes analyses of market segments, such as the Monopolar market, Bipolar market, and Electrosurgical Generator market.
- Ultrasonic Device Market – MedCore – The market is comprised of the markets for Ultrasonic Instruments and Ultrasonic Generators.
- Hand-Assisted Laparoscopic Sleeve Market – MedCore – In-depth analysis of the Hand-Assisted Laparoscopic Sleeve market.
- Closure Device Market Market – MedCore – The chapter is further broken down to Laparoscopic Stapler, Endosuturing Device, and Clip Applier market segments.
- Gastric Device Market – MedCore – The market consists of the markets for Gastric Bands and Gastric Balloons.
- Powered Morcellator Device Market – MedCore – The market consists of the segments, such as Reusable, Disposable, and Reposable Powered Morcellators.
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TABLE OF CONTENTS FOR THE GLOBAL Laparoscopy Devices and Accessories MARKETTABLE OF CONTENTS ILIST OF FIGURES XXIILIST OF CHARTS XLEXECUTIVE SUMMARY 1GLOBAL LAPAROSCOPY DEVICES AND ACCESSORIES MARKET OVERVIEW 1COMPETITIVE ANALYSIS 4MARKET TRENDS 7MARKET DEVELOPMENTS 9PROCEDURE NUMBERS 12MARKETS INCLUDED 13VERSION HISTORY 15RESEARCH METHODOLOGY 161.1.1 Step 1: Project Initiation & Team Selection 161.1.2 Step 2: Prepare Data Systems and Perform Secondary Research 191.1.3 Step 3: Preparation for Interviews & Questionnaire Design 211.1.4 Step 4: Performing Primary Research 221.1.5 Step 5: Research Analysis: Establishing Baseline Estimates 241.1.6 Step 6: Market Forecast and Analysis 251.1.7 Step 7: Identify Strategic Opportunities 271.1.8 Step 8: Final Review and Market Release 281.1.9 Step 9: Customer Feedback and Market Monitoring 29
IMPACT OF COVID-19 ON GLOBAL LAPAROSCOPIC DEVICE AND ACCESSORIES MARKET2.1 INTRODUCTION 302.2 MULTI-SCENARIO ANALYSIS 318.104.22.168 Best Case Scenario 322.214.171.124 Base Case Scenario 3126.96.36.199 Worst Case Scenario 38
DISEASE OVERVIEW3.1 INTRODUCTION 413.2 DISEASE TREATMENTS AND DIAGNOSTICS 413.2.1 Gynecological Conditions 4188.8.131.52 Gynecological Cancers 4184.108.40.206 Uterine Fibroids 4220.127.116.11 Endometriosis 418.104.22.168 Menorrhagia 422.214.171.124 Pelvic Prolapse 4126.96.36.199 Ectopic Pregnancy 4188.8.131.52 Indication for Hysterectomy 453.2.2 Digestive Tract Conditions 4184.108.40.206 Stomach Cancer 4220.127.116.11 Hernia 418.104.22.168 Gallbladder Attack 422.214.171.124 Obesity 483.2.3 Colorectal Conditions 4126.96.36.199 Colorectal Cancer 4188.8.131.52 Inflammatory Bowel Disease 4184.108.40.206 Diverticulitis 503.3 PATIENT DEMOGRAPHICS 513.3.1 Gynecological Conditions 5220.127.116.11 Gynecological Cancer 518.104.22.168 Uterine Fibroids 522.214.171.124 Endometriosis 5126.96.36.199 Menorrhagia 5188.8.131.52 Pelvic Prolapse 5184.108.40.206 Ectopic Pregnancy 5220.127.116.11 Hysterectomy 533.3.2 Digestive Tract Conditions 518.104.22.168 Stomach Cancer 522.214.171.124 Hernia 5126.96.36.199 Gallbladder Attack 5188.8.131.52 Obesity 553.3.3 Colorectal Conditions 5184.108.40.206 Colorectal Cancer 5220.127.116.11 Inflammatory Bowel Disease 518.104.22.168 Diverticulitis 56
PRODUCT ASSESSMENT4.1 INTRODUCTION 574.1.1 Access Devices 522.214.171.124 Introduction 5126.96.36.199 Product Portfolio 594.1.2 Closure Devices 6188.8.131.52 Introduction 6184.108.40.206 Product Portfolio 624.1.3 Direct Energy Devices 6220.127.116.11 Introduction 618.104.22.168 Product Portfolio 664.1.4 Gastric Balloons 704.1.4.1 Introduction 704.1.4.2 Product Portfolio 714.1.5 Gastric Bands 722.214.171.124 Introduction 7126.96.36.199 Product Portfolio 724.1.6 Hand-Assisted Laparoscopic Sleeve 7188.8.131.52 Introduction 7184.108.40.206 Product Portfolio 734.1.7 Hand Instruments 7220.127.116.11 Introduction 718.104.22.168 Product Portfolio 754.1.8 Insufflation Devices 722.214.171.124 Introduction 7126.96.36.199 Product Portfolio 794.1.9 Laparoscopes 8188.8.131.52 Introduction 8184.108.40.206 Product Portfolio 824.1.10 Powered Morcellator Devices 8220.127.116.11 Introduction 818.104.22.168 Product Portfolio 854.1.11 Suction-irrigation Devices 822.214.171.124 Introduction 8126.96.36.199 Product Portfolio 864.1.12 Ultrasonic Devices 8188.8.131.52 Introduction 8184.108.40.206 Product Portfolio 894.2 FDA RECALLS 904.2.1 Applied Medical 904.2.2 Apollo Endosurgery 924.2.3 Bovie Medical 924.2.4 CONMED 934.2.5 Ethicon 944.2.6 Integra LifeSciences 974.2.7 Intuitive Surgical 984.2.8 Karl Storz 1004.2.9 Medtronic 1014.2.10 Olympus 1044.2.11 Stryker 1044.3 CLINICAL TRIALS 1074.3.1 Alesi Surgical 1084.3.2 Allurion Technologies 1104.3.3 Apollo Endosurgery 1104.3.4 ARK Surgical 1114.3.5 BaroNova, Inc. 1114.3.6 CONMED 1124.3.7 Ethicon 1134.3.8 Ezisurg Medical 1164.3.9 Intuitive Surgical 1164.3.10 Medtronic 1174.3.11 Olympus 1184.3.12 Others 119
GLOBAL LAPAROSCOPIC DEVICE AND ACCESSORIES MARKET OVERVIEW5.1 INTRODUCTION 1225.2 MARKET OVERVIEW 1235.3 TREND ANALYSIS BY REGION 1285.4 DRIVERS AND LIMITERS 13220.127.116.11 Market Drivers 1318.104.22.168 Market Limiters 1335.5 COMPETITIVE MARKET SHARE ANALYSIS 1385.6 MERGERS AND ACQUISITIONS 1455.7 COMPANY PROFILES 1485.7.1 Applied Medical 1485.7.2 Apollo Endosurgery 1495.7.3 B. Braun 1505.7.4 Becton Dickinson 1515.7.5 CONMED 1525.7.6 Ethicon (J&J) 1535.7.7 Karl Storz 1545.7.8 LiNA Medical 1555.7.9 Medtronic 1565.7.10 Olympus 1575.7.11 Richard Wolf 1585.7.12 ReShape Lifesciences 1595.7.13 Stryker 1605.8 SWOT ANALYSIS 161 Applied Medical 161 B. Braun 162 Becton Dickinson 163 CONMED 164 Ethicon (J&J) 165 Karl Storz 166 Medtronic 167 Olympus 168 ReShape Lifesciences 169 Stryker 170
PROCEDURE NUMBERS6.1 INTRODUCTION 1716.2 PROCEDURES 1756.2.1 Global Procedures 1722.214.171.124 Total Procedures by Approach 17126.96.36.199 Open Procedures by Region 1806.2.1.3 Laparoscopic Procedures by Region 1816.2.2 North America Procedures 18188.8.131.52 Total Procedures by Approach 18184.108.40.206 Open Procedures by Type 18220.127.116.11 Laparoscopic Procedures by Type 1856.2.3 Latin America Procedures 1818.104.22.168 Total Procedures by Approach 1822.214.171.124 Open Procedures by Type 18126.96.36.199 Laparoscopic Procedures by Type 1896.2.4 Western Europe Procedures 1906.2.4.1 Total Procedures by Approach 1906.2.4.2 Open Procedures by Type 19188.8.131.52 Laparoscopic Procedures by Type 1936.2.5 Central & Eastern Europe Procedures 19184.108.40.206 Total Procedures by Approach 19220.127.116.11 Open Procedures by Type 1918.104.22.168 Laparoscopic Procedures by Type 1976.2.6 Middle East Procedures 1922.214.171.124 Total Procedures by Approach 19126.96.36.199 Open Procedures by Type 2006.2.6.3 Laparoscopic Procedures by Type 2016.2.7 Asia-Pacific Procedures 2026.2.7.1 Total Procedures by Approach 2026.2.7.2 Open Procedures by Type 2046.2.7.3 Laparoscopic Procedures by Type 2056.2.8 Africa Procedures 2066.2.8.1 Total Procedures by Approach 2066.2.8.2 Open Procedures by Type 2086.2.8.3 Laparoscopic Procedures by Type 209
NORTH AMERICA MARKET7.1 INTRODUCTION 2107.1.1 Countries Included 2107.2 MARKET OVERVIEW 2117.3 MARKET ANALYSIS AND FORECAST 2177.3.1 Laparoscope Market 2188.8.131.52 Laparoscope Market Overview 2184.108.40.206 Total Laparoscope Market 2220.127.116.11.1 Rod Lens Laparoscope Market 218.104.22.168.2 Video Laparoscope Market 2227.3.2 Access Device Market 222.214.171.124 Access Device Market Overview 2247.3.2.2 Total Access Device Market Overview 22126.96.36.199.1 Trocar Access Device Market 22188.8.131.52.2 Single Port Access Device Market 2297.3.3 Hand Instrument Market 2307.3.3.1 Hand Instrument Market Overview 23184.108.40.206 Total Hand Instrument Market 23220.127.116.11.1 Disposable Hand Instrument Market 2318.104.22.168.2 Reusable/Reposable Hand Instrument Market 2322.214.171.124.3 Articulating Hand Instrument Market 2377.3.4 Insufflation Device Market 23126.96.36.199 Insufflation Device Market Overview 23188.8.131.52 Total Insufflation Device Market 24184.108.40.206.1 Insufflation Console Market 24220.127.116.11.2 Insufflation Tubing Market 2418.104.22.168.3 Veress Needle Market 2467.3.5 Suction-Irrigation Device Market 2422.214.171.124 Suction-Irrigation Device Market Overview 24126.96.36.199 Total Suction-Irrigation Device Market 2507.3.5.2.1 Conventional Suction-Irrigation Device Market 25188.8.131.52.2 Multifunctional Suction-Irrigation Device Market 2527.3.6 Direct Energy Device Market 25184.108.40.206 Direct Energy Device Market Overview 25220.127.116.11 Total Direct Energy Device Market 2518.104.22.168.1 Monopolar Direct Energy Device Market 2522.214.171.124.2 Bipolar Direct Energy Device Market 25126.96.36.199.3 Electrosurgical Generator Market 2607.3.7 Ultrasonic Device Market 26188.8.131.52 Ultrasonic Device Market Overview 26184.108.40.206 Total Ultrasonic Device Market 26220.127.116.11.1 Ultrasonic Instrument Market 2618.104.22.168.2 Ultrasonic Generator Market 2697.3.8 Hand-Assisted Laparoscopic Sleeve Market 2707.3.9 Closure Device Market 2722.214.171.124 Closure Device Market Overview 27126.96.36.199 Total Closure Device Market 27188.8.131.52.1 Laparoscopic Stapler Market 27184.108.40.206.2 Endosuturing Device Market 27220.127.116.11.3 Clip Applier Market 2817.3.10 Gastric Device Market 2818.104.22.168 Gastric Device Market Overview 2822.214.171.124 Total Gastric Device Market 28126.96.36.199.1 Gastric Band Market 28188.8.131.52.2 Gastric Balloon Market 2887.3.11 Powered Morcellator Market 28184.108.40.206 Powered Morcellator Market Overview 291
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