NEW YORK , Aug. 21, 2024 /PRNewswire/ -- The global laparoscopic devices market size is estimated to grow by USD 4.75 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 8.18% during the forecast period. Increasing popularity of MI techniques is driving market growth, with a trend towards growing popularity of robot-assisted laparoscopic surgery.
However, stringent regulations on new laparoscopic devices poses a challenge. Key market players include avateramedical GmbH, B.Braun SE, Becton Dickinson and Co.
, CMR Surgical Ltd., Conmed Corp., Cook Group Inc.
, FlexDex Inc., HOYA Corp., Intuitive Surgical Inc.
, Johnson and Johnson Services Inc., KARL STORZ SE and Co. KG, Medtronic Plc, Olympus Corp.
, Peters Surgical, Richard Wolf GmbH, Smith and Nephew plc, Stryker Corp., Teleflex Inc., The Cooper Companies Inc.
, and Titan Medical Inc. Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report Market Driver Laparoscopic surgery, a minimally invasive procedure, uses laparoscopes and instruments for complex surgeries. Robotic surgery, or robot-assisted laparoscopic procedures, have gained popularity due to advancements in visualization, ergonomics, and instrumentation.
In March 2022 , the FDA approved robotically assisted surgical (RAS) devices for general surgery procedures. RAS offers safer and more effective surgeries, leading to improved outcomes and shorter recovery times. Int.