SAN FRANCISCO, U.S., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Facts and Factors has published a new research report titled “Laparoscopic Ports Market By Product Type (Multi-instrument, Single-instrument), By Application (Hospital and Ambulatory Surgery Center, Ambulatory Surgery Center, Others), and By Region - Global Industry Insights, Growth, Size, Share, Comparative Analysis, Trends, Statistical Research, Market Intelligence, and Forecast 2022 – 2028” in its research database.
“According to the latest research study, the demand of global Laparoscopic Ports Market size & share was valued at approximately USD 5,568 million in 2021. The market is expected to grow above a CAGR of 11.9% and is anticipated to reach over USD 10,226 million by 2028.”
The report analyses the Laparoscopic Ports market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global Laparoscopic Ports market.
Laparoscopic Ports Market Overview:
Laparoscopic ports are a relatively new laparoscopic surgery method. It's a minimally invasive surgery in which the surgeon works almost entirely through a single entrance point, usually the patient's navel. SPL leaves only a single minor scar, unlike a standard multi-port laparoscopic method. Laparoscopic surgery has been more popular in recent years due to its multiple advantages, including a shorter hospital stay, reduced blood loss, and lower patient morbidity, as well as speedy recovery, swift and effective outcomes, and minimal risk of infection, tiny or no incision, and less pain.
Factors such as the rising use of minimally invasive surgeries over open surgeries, the rising frequency of colorectal cancer, the rising number of laparoscopic bariatric treatments, and technological breakthroughs in the field of laparoscopy are all contributing to market expansion.
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Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, Revenue Analysis, SWOT Analysis, Historical and Forecast Growth, Porter's 5 Forces Analysis
- Facts and Factors research methodology
Key Insights from Primary Research
- As per the analysis, the Laparoscopic Ports market is likely to grow above a CAGR of around 11.9% between 2022 and 2028.
- The Laparoscopic Ports market size was worth around US$ 5,568 million in 2021 and is estimated to hit approximately US$ 10,226 million by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- The healthcare sector is growing significantly in emerging markets. The economies of BRICS (Brazil, Russia, India, China, and South Africa) are among of the fastest-growing in the world.
- According to application, the ambulatory surgical facility market's rapid growth can be linked to the rising demand for outpatient care because of its affordability.
- On the basis of region, the North America held the greatest proportion of the global market for laparoscopic devices in 2021.
Competitive Players:
Some of the main players in the global Laparoscopic Ports market include;
- Applied Medical
- Unimax Medical Systems
- Lagis Endosurgical
- BNR
- Surgical Innovations
- Intuitive Surgical
- Sejong Medical
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Market Dynamics: Growth Drivers
Growing healthcare markets in emerging economies, as well as advancements in laparoscopic instrument equipment capabilities, are likely to provide considerable potential possibilities for market competitors. The rising frequency of chronic diseases is increasing the need for more effective treatment options. As a result, the patient pool for chronic diseases is likely to drive the number of procedures conducted, which will help disposable laparoscopic devices expand in popularity.
India, South Korea, and Singapore are working to strengthen their infrastructure by increasing the number of hospitals and training institutes for continuing medical education in specialties like laparoscopic surgery. However, in these underdeveloped countries, there is still a significant infrastructure deficit that prevents advanced medical procedures like laparoscopy from being performed. The problem for developing countries is to close the gap in infrastructural support for executing laparoscopic surgeries.
Laparoscopic Ports Market: COVID-19 Impact Analysis
The COVID-19 pandemic has become a significant problem for the global healthcare sector. Due to limited access to medical services, patients with a variety of diseases have not received adequate care. Laparoscopy has been negatively impacted by the pandemic. In order to stop the transmission of the virus during this time, procedures are frequently rescheduled or delayed.
The full research report examines the laparoscopic ports market's qualitative and quantitative facets. Investigations have been conducted on both the supply and demand sides of the market. Prior to comparing market revenue across all of the main nations, the demand side study looks at market income in distinct regions. The biggest competitors in the market are examined in the supply side research, along with their regional and worldwide presence and business models. There is a thorough investigation of every significant nation in North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Browse the full “Laparoscopic Ports Market - Global Industry Insights, Growth, Size, Share, Comparative Analysis, Trends, Statistical Research, Market Intelligence, and Forecast 2022 – 2028” Report at https://www.fnfresearch.com/laparoscopic-ports-market
Laparoscopic Ports Market: Segmentation Analysis
In 2021, the market for laparoscopic devices was controlled by the other surgery sector. Among the most popular procedures are cholecystectomy laparoscopy, appendectomy laparoscopy, thoracic laparoscopy, colon laparoscopy, and prostrate laparoscopy. As a result of continued innovation targeted at boosting its success rate, colon laparoscopy, for example, is expected to grow rapidly. As a result, over the projected period, this category is expected to develop at a moderate rate. The bariatric surgeries category is predicted to increase at the fastest rate during the forecast period, owing to the rising incidence of obesity in adults as a result of excessive calorie consumption and changing lifestyle choices.
The worldwide laparoscopic instruments market is divided into hospitals and ambulatory surgical centers based on application. The increasing desire for ambulatory treatment due to its cost-effectiveness can be ascribed to the rapid rise of the ambulatory surgery center segment. The government's and insurance company's push to have these treatments done in ambulatory surgery centers is likely to fuel the rapid rise of laparoscopy tools in these applications.
Regional Dominance:
North America held the greatest proportion of the global market for laparoscopic devices in 2021. The United States accounted for the highest proportion of the market for laparoscopic devices in North America. The growing geriatric and chronically ill population, increasing number of minimally invasive procedures, and technological improvements are all factors contributing to North America's big share of the worldwide laparoscopic tools market.
Europe is the world's second-largest market, with Asia-Pacific emerging as the fastest-growing region. India and China are two Asian countries with burgeoning economies.
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Key questions answered in this report:
- What is the market size and growth rate forecast for Laparoscopic Ports industry?
- What are the main driving factors propelling the Laparoscopic Ports Market forward?
- What are the leading companies in the Laparoscopic Ports Industry?
- What segments does the Laparoscopic Ports Market cover?
- How can I receive a free copy of the Laparoscopic Ports Market sample report and company profiles?
Report Scope:
| Report Attribute | Details |
| Market Size in 2021 | USD 5,568 Million |
| Projected Market Size in 2028 | USD 10,226 Million |
| CAGR Growth Rate | 11.9% CAGR |
| Base Year | 2021 |
| Forecast Years | 2022-2028 |
| Key Market Players | Applied Medical, Unimax Medical Systems, Lagis Endosurgical, BNR, Surgical Innovations, Intuitive Surgical, Sejong Medical, and Others |
| Key Segment | By Product Type, Application, and Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
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The global laparoscopic ports market is segmented as follows:
By Product Type
- Multi-instrument
- Single-instrument
By Application
- Hospital and Ambulatory Surgery Center
- Ambulatory Surgery Center
- Others
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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Key Offerings:
- Market Size, Trends, & Forecast by Revenue | 2022−2028
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis by Product Type, Application, and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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