Laparoscopic Instruments Market (By Product: Laparoscopes, Energy Systems, Trocars, Closure Devices, Suction/irrigation Device, Insufflation Device, Robot-assisted Systems, Hand access Instruments; By Application: Colorectal Surgery, Bariatric Surgery, Urological Surgery, Gynecological Surgery, General Surgery, Other Surgeries; By End-user: Hospital, Clinic, Ambulatory) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033
The global laparoscopic instruments market size was USD 15.42 billion in 2023, estimated at USD 17.16 billion in 2024, and is expected to reach around USD 45.06 billion by 2033, expanding at a CAGR of 11.32% from 2024 to 2033. The increasing incidence of obesity across all age groups is the key factor that drives the laparoscopic instruments market growth.
Access our Healthcare Data Intelligence Tool with 10000+ Database, Visit: Towards Healthcare
The U.S. laparoscopic instruments market size was valued at USD 3.89 billion in 2023 and is expected to be worth around USD 11.60 billion by 2033, at a CAGR of 11.54% from 2024 to 2033.
North America dominated the global market for laparoscopic instruments, with the U.S. leading the region in 2023. The market will continue to experience steady growth due to the increasing number of laparoscopic procedures. However, the growth may be partially offset by the rising adoption of robotic-assisted minimally invasive surgeries. This shift is expected to mainly impact high-volume general and laparoscopic procedures, such as colorectal surgeries, cholecystectomy, and hernia repair, as well as urological and gynecological applications, including prostatectomy and hysterectomy.
Asia Pacific is expected to witness the fastest growth in the laparoscopic instruments market during the studied period. The growth in this region is driven by the increasing number of advanced, well-equipped hospitals and a higher volume of surgical procedures, boosting the demand for laparoscopic devices. Emerging economies like Singapore and South Korea are also contributing due to technological advancements, increased investments, better reimbursement scenarios, and the rise in medical tourism. Additional factors include the availability of affordable devices, an increase in mergers and acquisitions, and government initiatives to enhance healthcare services. Significant government investments in providing basic health insurance coverage to all citizens can support the market's expansion.
Market Overview
Laparoscopy is a surgical procedure that allows a surgeon to examine the inside of the abdomen and pelvis without making large incisions. This technique, also known as minimally invasive surgery (MIS), uses laparoscopic instruments to manipulate internal organs, while a video camera and rigid telescopes provide internal visualization. The laparoscope is a fiber-optic device consisting of a long, thin tube with high-intensity light and a high-resolution camera inserted through the abdominal wall to inspect abdominal organs or perform minor surgeries.
Laparoscopic instruments vary depending on the surgical field and are commonly used for cutting and dissecting. They are frequently employed in diagnosing and treating diseases like prostatectomy, pancreatic cancer, and gastrointestinal disorders. These devices are invaluable in surgical procedures for minimizing bleeding and maintaining homeostasis. Surgeons and physicians prefer laparoscopy devices due to the high precision they offer during surgeries.
Report Coverage | Details |
Market Size in 2023 | USD 15.42 Billion |
Market Size in 2024 | USD 17.16 Billion |
Market Size by 2033 | USD 45.06 Billion |
Market Growth Rate | CAGR of 11.32% from 2024 to 2033 |
Largest Market | North America |
Base Year | 2023 |
Forecast Period | 2024 to 2033 |
Segments Covered | Product, Application, End-user, and Regions |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Government favorable legislation
The laparoscopic instruments market is being propelled by favorable government legislation and regulations. Also, advantageous reimbursement policies in certain countries are expected to increase sales of laparoscopic power morcellators. The demand for laparoscopic devices is growing due to the rising global geriatric population and advancements in energy systems, which have enhanced their availability and affordability.
Laparoscopic devices that integrate energy systems are anticipated to find lucrative applications in various bariatric procedures, such as biliopancreatic diversion with duodenal switch, adjustable gastric band, gastric bypass, and sleeve gastrectomy. Furthermore, the laparoscopic instruments market is strengthening due to the increasing popularity of medical equipment and improved research collaborations along with the partnerships among diverse manufacturers.
Lack of skilled surgeons
Laparoscopic surgeries demand specialized training and skills, and the shortage of proficient surgeons in this field may impede the growth of the laparoscopic instruments market. Although these procedures are minimally invasive, they are not free of risks. Complications such as bleeding, infection, and organ damage can occur, potentially deterring some patients and surgeons from choosing laparoscopic techniques.
Furthermore, laparoscopic surgeries receive less financial support from public and private payers compared to open surgical treatments. This financial disparity hinders the sales of advanced laparoscopic instruments in the laparoscopic instruments market and complicates funding for further product development by medical device companies.
Growing avenues for healthcare in emerging nations
The healthcare sector is rapidly expanding in emerging economies, particularly in the BRICS nations—Brazil, Russia, India, China, and South Africa—known for their fast-growing economies. This growth is driven by several factors, including increased public and private sector initiatives, a rising patient population and associated costs, expanded distribution networks of market leaders, minimal regulatory trade barriers, ongoing healthcare infrastructure improvements, and the growth of medical tourism. These countries attract numerous medical tourists due to their affordable, high-quality surgical treatments compared to established markets. Several laparoscopic equipment manufacturers are establishing their businesses in Latin America, the Middle East, and Asia. This creates new opportunities in the laparoscopic instruments market.
The laparoscopes segment dominated the laparoscopic instruments market in 2023. Several factors drive the growth of the laparoscopic devices segment. These include more patients with conditions such as uterine fibroids and endometriosis, a rising number of hysterectomy and myomectomy procedures, and greater awareness of improving healthcare infrastructure in emerging economies. Moreover, the preference for minimally invasive surgeries over traditional methods, a growing prevalence of colorectal cancer, an increase in laparoscopic bariatric procedures, and various surgical-related technological advancements are key contributors to the segment's expansion.
The insufflators segment is projected to grow at the fastest rate in the laparoscopic instruments market over the forecast period. Insufflators are vital for safe and efficient insufflation with humidified carbon dioxide in the abdominal cavity during laparoscopic procedures. The increasing incidence of diseases such as colorectal cancer is a major factor driving the demand for insufflation devices. Colorectal cancer, one of the most common cancers worldwide, often necessitates laparoscopic surgery for treatment. The growing prevalence of this cancer is anticipated to boost the growth of the insufflation device market.
The gynecology segment dominated the laparoscopic instruments market in 2023. Laparoscopy is widely used in gynecology for diagnosing and treating conditions such as fibroid tumors, infertility, chronic pelvic pain, endometriosis, and ovarian cysts. Many procedures that once required large abdominal incisions are now performed laparoscopically. Key factors driving the growth of the laparoscopic gynecological procedures market include the increasing adoption of minimally invasive surgeries over traditional methods, the rising prevalence of colorectal cancer, and advancements in surgical technology.
The hospital segment dominated the laparoscopic instruments market in 2023. The significant growth in the laparoscopic devices market is driven by the increasing number of patients with chronic diseases, leading to a rise in surgical procedures. Hospitals are the preferred settings for bariatric and other laparoscopic surgeries due to their capacity to manage emergencies and provide a broad range of treatments. For example, the American Society for Metabolic and Bariatric Surgery reported that 256,000 people in the U.S. underwent weight-loss surgery in 2019, which can boost the demand for laparoscopic devices in hospitals.
The ambulatory surgical center segment is expected to show rapid growth in the laparoscopic instruments market during the projected period. The ambulatory surgery center sector is expected to experience significant growth. This is attributed to the rising use of minimally invasive surgery, the high demand for outpatient procedures, and the cost-effectiveness of laparoscopic surgeries performed in these centers. These factors are contributing to the lucrative expansion of the laparoscopic equipment market.
Recent Developments
Segments Covered in the Report
By Product
By Application
By End-user
By Geography
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Laparoscopic Instruments Market
5.1. COVID-19 Landscape: Laparoscopic Instruments Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Laparoscopic Instruments Market, By Product
8.1. Laparoscopic Instruments Market Revenue and Volume, by Product, 2024-2033
8.1.1 Laparoscopes
8.1.1.1. Market Revenue and Volume Forecast (2021-2033)
8.1.2. Energy Systems
8.1.2.1. Market Revenue and Volume Forecast (2021-2033)
8.1.3. Trocars
8.1.3.1. Market Revenue and Volume Forecast (2021-2033)
8.1.4. Closure Devices
8.1.4.1. Market Revenue and Volume Forecast (2021-2033)
8.1.5. Suction/irrigation Device
8.1.5.1. Market Revenue and Volume Forecast (2021-2033)
8.1.6. Insufflation Device
8.1.6.1. Market Revenue and Volume Forecast (2021-2033)
8.1.7. Robot-assisted Systems
8.1.7.1. Market Revenue and Volume Forecast (2021-2033)
8.1.8. Hand access Instruments
8.1.8.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 9. Global Laparoscopic Instruments Market, By Application
9.1. Laparoscopic Instruments Market Revenue and Volume, by Application, 2024-2033
9.1.1. Colorectal Surgery
9.1.1.1. Market Revenue and Volume Forecast (2021-2033)
9.1.2. Bariatric Surgery
9.1.2.1. Market Revenue and Volume Forecast (2021-2033)
9.1.3. Urological Surgery
9.1.3.1. Market Revenue and Volume Forecast (2021-2033)
9.1.4. Gynecological Surgery
9.1.4.1. Market Revenue and Volume Forecast (2021-2033)
9.1.5. General Surgery
9.1.5.1. Market Revenue and Volume Forecast (2021-2033)
9.1.6. Other Surgeries
9.1.6.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 10. Global Laparoscopic Instruments Market, By End-user
10.1. Laparoscopic Instruments Market Revenue and Volume, by End-user, 2024-2033
10.1.1. Hospital
10.1.1.1. Market Revenue and Volume Forecast (2021-2033)
10.1.2. Clinic
10.1.2.1. Market Revenue and Volume Forecast (2021-2033)
10.1.3. Ambulatory
10.1.3.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 11. Global Laparoscopic Instruments Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.1.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.1.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.1.4.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.1.4.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.1.5.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.1.5.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.2.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.4.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.2.4.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.5.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.2.5.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.6.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.2.6.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.7.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.2.7.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.3.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.4.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.3.4.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.5.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.3.5.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.6.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.3.6.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.7.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.3.7.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.4.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.4.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.4.4.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.5.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.4.5.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.6.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.4.6.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.7.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.4.7.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.5.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.5.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.5.4.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.5.4.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.5.5.2. Market Revenue and Volume Forecast, by Application (2021-2033)
11.5.5.3. Market Revenue and Volume Forecast, by End-user (2021-2033)
Chapter 12. Company Profiles
12.1. Intuitive Surgical, Inc.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Stryker Corporation
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Olympus Corporation
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Karl Storz GmbH & CO. KG
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Medtronic PLC
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Microline Surgical, Inc.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. B. Braun Melsungen AG
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. SCHÖLLY Fiberoptic GmbH
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Optomic
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Victor Medical Instruments Co., Ltd
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client