Laparoscopic Gynecological Procedures Market Latest Trends, Industry Growth And Forecast To 2028: Grand View Research Inc.

 Laparoscopic Gynecological Procedures Market Growth & Trends

The global laparoscopic gynecological procedures market size is expected to reach USD 36.13 billion by 2028, registering a CAGR of 6.7% over the forecast years, according to a new report by Grand View Research, Inc. Increasing adoption of minimally invasive surgeries, rising prevalence of gynecological disorders, technological advances, favorable reimbursement policies, and various government initiatives are key factors contributing to the growth of the market. Technological advancements in laparoscopy devices are one of the major drivers of this market. Numerous market players are investing in R&D for developing innovative products. Technological advancements in laparoscopes, visualization systems, and other components are collectively boosting the product demand.

These advancements include HD imaging, portability, and micro laparoscopy, which enable accurate diagnoses & treatment. For instance, the development and introduction of medical robots to assist doctors is a key advancement in the field. These robots offer numerous benefits, such as a 3D view of the operating field, reduced blood loss & need for transfusion, early discharge from the hospital, minimal scarring & less trauma to the body, as well as higher precision in surgery due to the elimination of surgeon’s tremor. The usage of hand-assisted devices and robotic laparoscopic surgeries is among the new trends, boosting the market growth.

Some companies are focusing on innovations in hand access instruments, slide-lock graspers & trocars, and closure devices used in these surgeries. For instance, 5.0 mm sliding lock graspers by Stryker Corp. offer a variety of handle and insert styles for grasping, dissecting, suturing, and cutting capabilities. The sliding lock graspers offered by Aesculap provide excellent tissue and grip control. In addition, Nu-Tip Instruments manufactured by CooperSurgical Inc. feature a reusable handle with disposable stainless-steel tips and allow creating scissors, grasper, or dissector, based on need. Thus, technological advancements in designs will drive the growth potential of the market.

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Laparoscopic Gynecological Procedures Market Report Highlights

• In terms of application, the laparoscopic hysterectomy segment held the largest revenue share in 2020 due to the high prevalence of gynecological diseases
• In terms of end use, the hospitals segment accounted for the largest revenue share in 2020
• The segment growth was credited to the increasing number of laparoscopic surgeries performed in hospitals
• North America was the leading regional market in 2020 and is expected to retain its leading position throughout the forecast period
• This growth is due to the high prevalence of uterine cancer coupled with the rising geriatric population in the region

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Laparoscopic Gynecological Procedures Market Segmentation

Grand View Research has segmented the global Laparoscopic Gynecological Procedures Market on the basis of procedure, end use, and region:

Laparoscopic Gynecological Procedures Outlook (Revenue, USD Million, 2016 - 2028)

• Laparoscopic Hysterectomy
• Laparoscopic Myomectomy
• Laparoscopic Colpopexy (Sacrocolpopexy, Sacrocervicopexy, etc.)
• Laparoscopic Endometrial Excision
• Laparoscopic Adnexal (Oophorectomy, SalpingoOophorectomy, etc.)
• Laparoscopic Diagnostic Procedures (Requiring Chromopertubation)

Laparoscopic Gynecological Procedures End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Clinics
• Ambulatory Surgery Centers (ASCs)

Laparoscopic Gynecological Procedures Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Norway
  • Sweden
  • Russia
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Singapore
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
• MEA
  • South Africa
  • Saudi Arabia
  • UAE
  • Turkey
  • Qatar

List of Key Players of Laparoscopic Gynecological Procedures Market

• Medtronic
• Stryker Corp.
• Karl Storz SE & CO. Kg
• Johnson and Johnson
• Olympus Corp.
• CONMED Corp.
• Braun Melsungen AG
• The Cooper Companies, Inc.
• Richard Wolf GmbH
• Microline Surgical
• Welfare Medical Ltd.
• Intuitive Surgical
• Shenzen Mindray Bio Medical Electronics Co., Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.