Table of Content

1 INTRODUCTION 30
1.1 OBJECTIVES OF THE STUDY 30
1.2 MARKET DEFINITION 30
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 31
1.3 MARKET SCOPE 31
1.3.1 MARKETS COVERED 31
1.3.2 YEARS CONSIDERED FOR THE STUDY 32
1.3.3 CURRENCY 32
1.3.4 EXCHANGE RATES UTILIZED FOR THE CONVERSION TO USD 32
1.4 LIMITATIONS 32
1.5 STAKEHOLDERS 33
1.6 SUMMARY OF CHANGES 33
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
FIGURE 1 RESEARCH DESIGN 35
2.1.1 SECONDARY DATA 36
2.1.1.1 Key data from secondary sources 37
2.1.2 PRIMARY DATA 37
FIGURE 2 PRIMARY SOURCES 37
2.1.2.1 Key data from primary sources 38
2.1.2.2 Key industry insights 39
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND DEMAND-
SIDE PARTICIPANTS 39
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE,
DESIGNATION, AND REGION 40
2.2 MARKET SIZE ESTIMATION 40
FIGURE 5 SUPPLY-SIDE MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS 41
FIGURE 6 REVENUE SHARE ANALYSIS ILLUSTRATION: OLYMPUS CORPORATION 41
FIGURE 7 REVENUE ANALYSIS OF THE TOP 5 COMPANIES: LAPAROSCOPIC INSTRUMENTS MARKET (2020) 42
FIGURE 8 DEMAND-SIDE ANALYSIS 43
FIGURE 9 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 44
FIGURE 10 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE LAPAROSCOPIC INSTRUMENTS MARKET (2021–2026) 44
FIGURE 11 TOP-DOWN APPROACH 45
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 46
FIGURE 12 MARKET DATA TRIANGULATION METHODOLOGY 46
2.4 MARKET SHARE ANALYSIS 47
2.5 ASSUMPTIONS FOR THE STUDY 47
2.6 LIMITATIONS 47
2.7 RISK ASSESSMENT 48
TABLE 1 RISK ASSESSMENT: LAPAROSCOPIC INSTRUMENTS MARKET 48
2.8 COVID-19 HEALTH ASSESSMENT 48
2.9 COVID-19 ECONOMIC ASSESSMENT 49
2.10 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO 49
FIGURE 13 CRITERIA IMPACTING THE GLOBAL ECONOMY 49
FIGURE 14 RECOVERY SCENARIO OF THE GLOBAL ECONOMY 51
2.11 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO IN THE LAPAROSCOPIC INSTRUMENTS MARKET 52
3 EXECUTIVE SUMMARY 53
FIGURE 15 LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT, 2021 VS. 2026 53
FIGURE 16 LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION, 2021 VS. 2026 54
FIGURE 17 LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER, 2021 VS. 2026 54
FIGURE 18 GEOGRAPHIC SNAPSHOT: LAPAROSCOPIC INSTRUMENTS MARKET 55
4 PREMIUM INSIGHTS 57
4.1 LAPAROSCOPIC INSTRUMENTS MARKET OVERVIEW 57
FIGURE 19 INCREASED ADOPTION OF MINIMALLY INVASIVE SURGERIES OVER OPEN SURGERIES TO DRIVE MARKET GROWTH 57
4.2 ASIA PACIFIC: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION 58
FIGURE 20 GENERAL SURGERY SEGMENT TO ACCOUNT FOR THE LARGEST SHARE OF THE APAC MARKET 58
4.3 LAPAROSCOPIC INSTRUMENTS MARKET: GEOGRAPHIC MIX 59
FIGURE 21 US TO WITNESS THE HIGHEST GROWTH IN THE LAPAROSCOPIC INSTRUMENTS MARKET DURING THE FORECAST PERIOD 59
5 MARKET OVERVIEW 60
5.1 INTRODUCTION 60
5.2 MARKET DYNAMICS 60
FIGURE 22 LAPAROSCOPIC INSTRUMENTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 60
5.2.1 MARKET DRIVERS 61
5.2.1.1 Increasing adoption of minimally invasive surgeries over open surgeries 61
5.2.1.2 Rising prevalence of colorectal cancer 61
FIGURE 23 GROWTH ESTIMATES FOR THE NUMBER OF NEW COLORECTAL CANCER CASES ACROSS THE GLOBE, 2020–2040 62
5.2.1.3 Increasing number of laparoscopic bariatric procedures 62
FIGURE 24 US: GROWTH IN THE NUMBER OF BARIATRIC SURGERIES, 2011–2018 63
TABLE 2 NUMBER OF BARIATRIC SURGERIES PERFORMED WORLDWIDE IN 2018 63
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5.2.1.4 Technological advancements in the field of laparoscopy 64
TABLE 3 TECHNOLOGICAL ADVANCEMENTS IN LAPAROSCOPIC INSTRUMENTS 64
5.2.2 MARKET RESTRAINTS 65
5.2.2.1 Reduced Medicare payments to healthcare providers in the US 65
TABLE 4 MEDICARE PAYMENTS FOR LAPAROSCOPIC PROCEDURES, 2015 VS. 2020 65
5.2.2.2 Dearth of trained professionals in the field of laparoscopy 66
TABLE 5 US: TOTAL NUMBER OF SURGEONS (2010–2017) 66
5.2.3 MARKET OPPORTUNITIES 66
5.2.3.1 Growing healthcare markets in emerging economies 66
5.2.3.2 Enhancements in the capabilities of laparoscopic instruments 67
5.2.4 MARKET CHALLENGES 67
5.2.4.1 Product recalls 67
TABLE 6 LIST OF PRODUCT RECALLS 67
5.2.4.2 Gaps in infrastructural support for laparoscopic procedures in developing countries 68
5.3 NUMBER OF LAPAROSCOPIC PROCEDURES 69
5.3.1 NUMBER OF LAPAROSCOPIC COLECTOMY PROCEDURES,
BY COUNTRY/REGION, 2014–2018 69
5.3.2 NUMBER OF LAPAROSCOPIC APPENDECTOMY PROCEDURES,
BY COUNTRY/REGION, 2014–2018 69
5.3.3 NUMBER OF LAPAROSCOPIC CHOLECYSTECTOMY PROCEDURES,
BY COUNTRY/REGION, 2014–2018 70
5.3.4 NUMBER OF LAPAROSCOPIC INGUINAL HERNIA REPAIR PROCEDURES,
BY COUNTRY/REGION, 2014–2018 70
5.3.5 NUMBER OF LAPAROSCOPIC HYSTERECTOMY PROCEDURES,
BY COUNTRY/REGION, 2014–2018 71
5.4 PRICING ANALYSIS 71
FIGURE 25 AVERAGE SELLING PRICE CONTRIBUTION OF VARIOUS COMPONENTS IN A FLEXIBLE LAPAROSCOPE 71
FIGURE 26 AVERAGE SELLING PRICE CONTRIBUTION OF VARIOUS COMPONENTS IN A RIGID LAPAROSCOPE 72
TABLE 7 VARIOUS SPECIFICATIONS FOR LAPAROSCOPES 72
TABLE 8 AVERAGE SELLING PRICE OF LAPAROSCOPES 72
5.5 VALUE CHAIN ANALYSIS 73
FIGURE 27 LAPAROSCOPIC INSTRUMENTS MARKET: VALUE CHAIN ANALYSIS 73
5.6 ECOSYSTEM MARKET MAP 73
FIGURE 28 LAPAROSCOPIC INSTRUMENTS MARKET: ECOSYSTEM MARKET MAP 74
5.7 PORTER’S FIVE FORCES ANALYSIS 74
TABLE 9 LAPAROSCOPIC INSTRUMENTS MARKET: PORTER’S FIVE FORCES ANALYSIS 74
5.7.1 INTENSITY OF COMPETITIVE RIVALRY 74
5.7.2 BARGAINING POWER OF SUPPLIERS 75
5.7.3 BARGAINING POWER OF BUYERS 75
5.7.4 THREAT OF SUBSTITUTES 75
5.7.5 THREAT OF NEW ENTRANTS 75
5.8 SUPPLY CHAIN ANALYSIS 76
FIGURE 29 LAPAROSCOPIC INSTRUMENTS MARKET: SUPPLY CHAIN ANALYSIS 77
5.9 IMPACT OF COVID-19 ON THE LAPAROSCOPIC INSTRUMENTS MARKET 77
5.10 REGULATORY ANALYSIS 78
5.10.1 NORTH AMERICA 78
5.10.1.1 US 78
TABLE 10 US FDA: MEDICAL DEVICE CLASSIFICATION 78
TABLE 11 US: MEDICAL DEVICE REGULATORY APPROVAL PROCESS 78
5.10.1.2 Canada 79
TABLE 12 CANADA: MEDICAL DEVICE REGULATORY APPROVAL PROCESS 79
FIGURE 30 CANADA: CLASS II MEDICAL DEVICES APPROVAL PROCESS 79
5.10.2 EUROPE 80
FIGURE 31 EUROPE: CE APPROVAL PROCESS FOR CLASS IIA MEDICAL DEVICES 80
5.10.3 ASIA PACIFIC 80
5.10.3.1 Japan 80
TABLE 13 JAPAN: MEDICAL DEVICE CLASSIFICATION UNDER PMDA 81
5.10.3.2 China 81
TABLE 14 CHINA: REGULATORY BODIES APPOINTED FOR MEDICAL DEVICE APPROVAL 81
TABLE 15 CHINA: CLASSIFICATION OF MEDICAL DEVICES 82
5.10.3.3 India 82
5.11 PATENT ANALYSIS 83
5.11.1 PATENT PUBLICATION TRENDS FOR LAPAROSCOPES 83
FIGURE 32 PATENT PUBLICATION TRENDS (2015–2020) 83
5.11.2 TOP APPLICANTS (COMPANIES/INSTITUTIONS) FOR LAPAROSCOPE PATENTS 84
FIGURE 33 TOP APPLICANTS (COMPANIES/INSTITUTIONS) FOR LAPAROSCOPE PATENTS (2015–2021) 84
5.11.3 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR LAPAROSCOPE PATENTS 85
FIGURE 34 TOP APPLICANT COUNTRIES FOR LAPAROSCOPE PATENTS (2015–2021) 85
5.12 TECHNOLOGICAL ANALYSIS 85
5.12.1 KEY TECHNOLOGY 85
5.12.1.1 Application of vision systems 85
5.12.1.2 Complementary technology 86
5.12.1.2.1 Robot-assisted surgeries 86
5.12.1.3 Adjacent technology 86
5.12.1.3.1 Haptic and sensory feedback 86
5.13 TREND ANALYSIS 87
TABLE 16 SOME OF THE IMPORT/EXPORT TRADES RELATED TO LAPAROSCOPES 87
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6 LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT 88
6.1 INTRODUCTION 89
TABLE 17 LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 89
6.2 MEDICAL LAPAROSCOPIC ROBOTS 89
6.2.1 MEDICAL ROBOTS ACCOUNTED FOR THE LARGEST SHARE IN THE LAPAROSCOPIC INSTRUMENTS MARKET IN 2020 89
TABLE 18 MEDICAL LAPAROSCOPIC ROBOTS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 90
6.3 LAPAROSCOPES 91
TABLE 19 LAPAROSCOPES AVAILABLE IN THE MARKET 91
FIGURE 35 LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 92
TABLE 20 LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 92
TABLE 21 LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (THOUSAND UNITS) 92
TABLE 22 LAPAROSCOPES MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 93
TABLE 23 LAPAROSCOPES MARKET, BY REGION, 2019–2026 (THOUSAND UNITS) 93
6.3.1 VIDEO LAPAROSCOPES 94
6.3.1.1 Video laparoscopes dominate the laparoscopes market 94
TABLE 24 VIDEO LAPAROSCOPES AVAILABLE IN THE MARKET 94
TABLE 25 VIDEO LAPAROSCOPES MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 94
TABLE 26 VIDEO LAPAROSCOPES MARKET, BY REGION,
2019–2026 (THOUSAND UNITS) 95
6.3.2 FIBER LAPAROSCOPES 95
6.3.2.1 High-definition imaging capabilities drive the growth of the fiber laparoscopes market 95
TABLE 27 LAPAROSCOPES AVAILABLE IN THE MARKET 95
TABLE 28 FIBER LAPAROSCOPES MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 96
TABLE 29 FIBER LAPAROSCOPES MARKET, BY REGION,
2019–2026 (THOUSAND UNITS) 96
6.4 ENERGY DEVICES 97
6.4.1 INCREASING DEMAND FOR REUSABLE MONOPOLAR AND BIPOLAR COAGULATION ENERGY DEVICES DRIVES THE MARKET GROWTH 97
TABLE 30 ENERGY DEVICES AVAILABLE IN THE MARKET 97
TABLE 31 ENERGY DEVICES MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 98
6.5 CLOSURE DEVICES 98
6.5.1 TECHNOLOGICAL ADVANCEMENTS IN CLOSURE DEVICES DRIVES
MARKET GROWTH 98
TABLE 32 CLOSURE DEVICES AVAILABLE IN THE MARKET 99
TABLE 33 CLOSURE DEVICES MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 99
6.6 HAND INSTRUMENTS 100
6.6.1 INCREASING NUMBER OF GENERAL LAPAROSCOPIC SURGERIES DRIVE THE GROWTH OF HAND INSTRUMENTS 100
TABLE 34 HAND INSTRUMENTS AVAILABLE IN THE MARKET 102
TABLE 35 HAND INSTRUMENTS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 102
6.7 ACCESS DEVICES 103
6.7.1 ACCESS DEVICES ARE REQUIRED TO CREATE AND MAINTAIN PORTS OF ENTRANCE FOR OTHER INSTRUMENTS 103
TABLE 36 ACCESS DEVICES AVAILABLE IN THE MARKET 103
TABLE 37 ACCESS DEVICES MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 104
6.8 ACCESSORIES 104
6.8.1 INCREASING SURGICAL VOLUMES DRIVE DEMAND FOR ACCESSORIES 104
TABLE 38 LAPAROSCOPIC ACCESSORIES & THEIR FUNCTIONALITIES 105
TABLE 39 LAPAROSCOPIC ACCESSORIES AVAILABLE IN THE MARKET 105
TABLE 40 LAPAROSCOPIC ACCESSORIES MARKET, BY COUNTRY,
2019–20206 (USD MILLION) 106
6.9 INSUFFLATORS 107
6.9.1 RISING NUMBER OF LAPAROSCOPIC SURGERIES PERFORMED BOOSTS THE MARKET FOR CO2 INSUFFLATORS 107
TABLE 41 INSUFFLATORS AVAILABLE IN THE MARKET 107
TABLE 42 INSUFFLATORS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 108
TABLE 43 INSUFFLATORS MARKET, BY REGION, 2019–2026 (THOUSAND UNITS) 108
6.10 SUCTION/IRRIGATION SYSTEMS 109
6.10.1 GROWING TREND TOWARD INTEGRATED FLUID MANAGEMENT SYSTEMS FOR LAPAROSCOPIC PROCEDURES DRIVES THE MARKET GROWTH 109
TABLE 44 SUCTION/IRRIGATION SYSTEMS AVAILABLE IN THE MARKET 109
TABLE 45 SUCTION/IRRIGATION SYSTEMS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 110
7 LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION 111
7.1 INTRODUCTION 112
TABLE 46 LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 112
7.2 GENERAL SURGERY 112
7.2.1 PREFERENCE FOR LAPAROSCOPY TECHNIQUES IS INCREASING IN APPENDECTOMY, CHOLECYSTECTOMY, AND HERNIA REPAIR 112
TABLE 47 EVOLUTION OF LAPAROSCOPY FOR COMMON PROCEDURES IN GENERAL SURGERY 113
TABLE 48 LAPAROSCOPIC CHOLECYSTECTOMY PROCEDURES PERFORMED IN HOSPITALS (PER 100,000 INHABITANTS), BY COUNTRY, 2018 113
TABLE 49 LAPAROSCOPIC INGUINAL HERNIA REPAIR AND APPENDECTOMY PROCEDURES PERFORMED IN HOSPITALS (PER 100,000 INHABITANTS),
BY COUNTRY, 2013 VS. 2018 114
TABLE 50 LAPAROSCOPIC INSTRUMENTS MARKET FOR GENERAL SURGERY,
BY COUNTRY, 2019–2026 (USD MILLION) 115
7.3 GYNECOLOGICAL SURGERY 115
7.3.1 THE NUMBER OF LAPAROSCOPIC HYSTERECTOMIES HAS INCREASED IN RECENT YEARS 115
TABLE 51 LAPAROSCOPIC HYSTERECTOMY PROCEDURES PERFORMED IN HOSPITALS (PER 100,000 INHABITANTS), BY COUNTRY, 2013 VS. 2018 116
TABLE 52 LAPAROSCOPIC INSTRUMENTS MARKET FOR GYNECOLOGICAL SURGERY,
BY COUNTRY, 2019–2026 (USD MILLION) 117
7.4 COLORECTAL SURGERY 117
7.4.1 INCREASING INCIDENCE OF COLORECTAL CANCER ACROSS THE GLOBE TO DRIVE MARKET GROWTH 117
TABLE 53 ESTIMATED NUMBER OF NEW CASES OF COLON, RECTAL, AND ANAL CANCER, BY REGION, 2020 VS. 2040 (THOUSAND) 118
TABLE 54 LAPAROSCOPIC INSTRUMENTS MARKET FOR COLORECTAL SURGERY,
BY COUNTRY, 2019–2026 (USD MILLION) 119
7.5 BARIATRIC SURGERY 119
7.5.1 ADVANCEMENTS IN LAPAROSCOPIC TECHNIQUES TO IMPROVE BARIATRIC SURGICAL OUTCOMES TO DRIVE MARKET GROWTH 119
FIGURE 36 GROWTH IN THE NUMBER OF LAPAROSCOPIC SLEEVE GASTRECTOMY SURGICAL PROCEDURES IN THE US, 2011–2019 120
TABLE 55 LAPAROSCOPIC INSTRUMENTS MARKET FOR BARIATRIC SURGERY,
BY COUNTRY, 2019–2026 (USD MILLION) 120
7.6 UROLOGICAL SURGERY 121
7.6.1 INCREASING INCIDENCE OF UROLOGICAL DISEASES TO DRIVE MARKET GROWTH 121
TABLE 56 LAPAROSCOPIC INSTRUMENTS MARKET FOR UROLOGICAL SURGERY,
BY COUNTRY, 2019–2026 (USD MILLION) 122
7.7 PEDIATRIC SURGERY 122
7.7.1 LAPAROSCOPIC SURGICAL PROCEDURES FOR PEDIATRIC APPLICATIONS HAVE WITNESSED SLOWER ADOPTION 122
TABLE 57 LAPAROSCOPIC INSTRUMENTS MARKET FOR PEDIATRIC SURGERY,
BY COUNTRY, 2019–2026 (USD MILLION) 123
8 LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER 124
8.1 INTRODUCTION 125
TABLE 58 LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 125
8.2 HOSPITALS 125
8.2.1 HOSPITALS ARE THE LARGEST END USERS OF LAPAROSCOPIC INSTRUMENTS 125
TABLE 59 LAPAROSCOPIC INSTRUMENTS MARKET FOR HOSPITALS, BY COUNTRY, 2019–2026 (USD MILLION) 126
8.3 AMBULATORY SURGICAL CENTERS 127
8.3.1 INCREASING NUMBER OF CENTERS WILL DRIVE THE MARKET GROWTH 127
TABLE 60 MEDICARE REIMBURSEMENT RATES FOR LAPAROSCOPIC PROCEDURES FOR AMBULATORY SURGICAL CENTERS AND HOSPITALS IN 2021 127
TABLE 61 LAPAROSCOPIC INSTRUMENTS MARKET FOR AMBULATORY SURGICAL CENTERS, BY COUNTRY, 2019–2026 (USD MILLION) 129
9 LAPAROSCOPIC INSTRUMENTS MARKET, BY REGION 130
9.1 INTRODUCTION 131
TABLE 62 LAPAROSCOPIC INSTRUMENTS MARKET, BY REGION,
2019–2026 (USD MILLION) 131
FIGURE 37 EMERGING COUNTRIES ARE EXPECTED TO WITNESS HIGHER GROWTH IN THE FORECAST PERIOD 132
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9.2 NORTH AMERICA 132
9.2.1 NORTH AMERICA: IMPACT OF COVID-19 ON THE LAPAROSCOPIC INSTRUMENTS MARKET 133
FIGURE 38 NORTH AMERICA: LAPAROSCOPIC INSTRUMENTS MARKET SNAPSHOT 134
TABLE 63 NORTH AMERICA: LAPAROSCOPIC INSTRUMENTS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 134
TABLE 64 NORTH AMERICA: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT, 2019–2026 (USD MILLION) 135
TABLE 65 NORTH AMERICA: LAPAROSCOPES MARKET, BY TYPE,
2019–2026 (USD MILLION) 135
TABLE 66 NORTH AMERICA: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION, 2019–2026 (USD MILLION) 136
TABLE 67 NORTH AMERICA: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER, 2019–2026 (USD MILLION) 136
9.2.2 US 136
9.2.2.1 The US dominates the global laparoscopic instruments market 136
TABLE 68 US: KEY MACROINDICATORS 137
TABLE 69 US: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 138
TABLE 70 US: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 138
TABLE 71 US: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 138
TABLE 72 US: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 139
9.2.3 CANADA 139
9.2.3.1 Unfavorable regulatory processes in Canada to restrain the market growth 139
TABLE 73 AGE-STANDARDIZED INCIDENCE RATES (ASIR) FOR SELECTED CANCERS IN CANADA, 2015 VS. 2017 140
TABLE 74 CANADA: KEY MACROINDICATORS 141
TABLE 75 CANADA: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 141
TABLE 76 CANADA: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 141
TABLE 77 CANADA: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 142
TABLE 78 CANADA: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 142
9.3 EUROPE 142
9.3.1 EUROPE: IMPACT OF COVID-19 ON THE LAPAROSCOPIC INSTRUMENTS MARKET 143
TABLE 79 EUROPE: LAPAROSCOPIC INSTRUMENTS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 143
TABLE 80 EUROPE: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 144
TABLE 81 EUROPE: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 144
TABLE 82 EUROPE: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 145
TABLE 83 EUROPE: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 145
9.3.2 GERMANY 145
9.3.2.1 Germany to dominate the European market for laparoscopic instruments during the forecast period 145
TABLE 84 GERMANY: KEY MACROINDICATORS 146
TABLE 85 GERMANY: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 146
TABLE 86 GERMANY: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 147
TABLE 87 GERMANY: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION, 2019–2026 (USD MILLION) 147
TABLE 88 GERMANY: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 147
9.3.3 FRANCE 148
9.3.3.1 Favorable health insurance system to drive the market for laparoscopic instruments in France 148
TABLE 89 FRANCE: KEY MACROINDICATORS 148
TABLE 90 FRANCE: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 149
TABLE 91 FRANCE: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 149
TABLE 92 FRANCE: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 150
TABLE 93 FRANCE: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 150
9.3.4 UK 150
9.3.4.1 Investments by hospitals in laparoscopy infrastructure to drive market growth in the UK 150
TABLE 94 UK: KEY MACROINDICATORS 151
TABLE 95 UK: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 152
TABLE 96 UK: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 152
TABLE 97 UK: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 152
TABLE 98 UK: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 153
9.3.5 ITALY 153
9.3.5.1 Growing cancer incidence and the number of related diagnostic and therapeutic surgical procedures to drive market growth 153
TABLE 99 ITALY: KEY MACROINDICATORS 153
TABLE 100 ITALY: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 154
TABLE 101 ITALY: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 154
TABLE 102 ITALY: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 155
TABLE 103 ITALY: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 155
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9.3.6 SPAIN 155
9.3.6.1 Rising number of surgical procedures to drive market growth 155
TABLE 104 SPAIN: KEY MACROINDICATORS 156
TABLE 105 SPAIN: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 156
TABLE 106 SPAIN: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 157
TABLE 107 SPAIN: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 157
TABLE 108 SPAIN: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 157
9.3.7 REST OF EUROPE 158
TABLE 109 LAPAROSCOPIC COLECTOMY, APPENDECTOMY, AND CHOLECYSTECTOMY PROCEDURES IN EUROPE, 2018 (PER 100,000 INHABITANTS) 158
TABLE 110 LAPAROSCOPIC HYSTERECTOMY SURGERIES IN EUROPE (2008 TO 2018) 159
TABLE 111 LAPAROSCOPIC REPAIR OF INGUINAL SURGERIES IN EUROPE
(2013 TO 2018) 160
TABLE 112 ROE: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 161
TABLE 113 ROE: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 162
TABLE 114 ROE: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 162
TABLE 115 ROE: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 162
9.4 ASIA PACIFIC 163
9.4.1 ASIA PACIFIC: IMPACT OF COVID-19 ON THE LAPAROSCOPIC INSTRUMENTS MARKET 163
FIGURE 39 APAC: LAPAROSCOPIC INSTRUMENTS MARKET SNAPSHOT 164
TABLE 116 APAC: LAPAROSCOPIC INSTRUMENTS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 165
TABLE 117 APAC: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 165
TABLE 118 APAC: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 165
TABLE 119 APAC: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 166
TABLE 120 APAC: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 166
9.4.2 JAPAN 166
9.4.2.1 Supportive reimbursement policies to drive market growth in Japan 166
TABLE 121 JAPAN: KEY MACROINDICATORS 167
TABLE 122 JAPAN: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 167
TABLE 123 JAPAN: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 168
TABLE 124 JAPAN: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 168
TABLE 125 JAPAN: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 168
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9.4.3 CHINA 169
9.4.3.1 Large patient population and healthcare infrastructure improvements to drive the market growth in China 169
TABLE 126 CHINA: KEY MACROINDICATORS 169
TABLE 127 CHINA: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 170
TABLE 128 CHINA: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 170
TABLE 129 CHINA: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 171
TABLE 130 CHINA: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 171
9.4.4 INDIA 171
9.4.4.1 Healthcare infrastructural improvements and implementation of favorable government initiatives support the market in India 171
TABLE 131 INDIA: KEY MACROINDICATORS 172
TABLE 132 INDIA: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 172
TABLE 133 INDIA: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 173
TABLE 134 INDIA: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 173
TABLE 135 INDIA: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 173
9.4.5 REST OF APAC 174
TABLE 136 ROAPAC: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 174
TABLE 137 ROAPAC: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 175
TABLE 138 ROAPAC: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 175
TABLE 139 ROAPAC: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 175
9.5 LATIN AMERICA 176
TABLE 140 LATIN AMERICA: LAPAROSCOPIC INSTRUMENTS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 176
TABLE 141 LATIN AMERICA: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT, 2019–2026 (USD MILLION) 176
TABLE 142 LATIN AMERICA: LAPAROSCOPES MARKET, BY TYPE,
2019–2026 (USD MILLION) 177
TABLE 143 LATIN AMERICA: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION, 2019–2026 (USD MILLION) 177
TABLE 144 LATIN AMERICA: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER, 2019–2026 (USD MILLION) 177
9.5.1 BRAZIL 178
9.5.1.1 Brazil dominates the laparoscopic instruments market in Latin America 178
TABLE 145 BRAZIL: KEY MACROINDICATORS 178
TABLE 146 BRAZIL: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 178
TABLE 147 BRAZIL: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 179
TABLE 148 BRAZIL: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 179
TABLE 149 BRAZIL: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 179
9.5.2 MEXICO 180
9.5.2.1 Increasing incidence of lifestyle-related disorders and increasing awareness drive market growth in Mexico 180
TABLE 150 MEXICO: KEY MACROINDICATORS 180
TABLE 151 MEXICO: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 181
TABLE 152 MEXICO: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 181
TABLE 153 MEXICO: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 182
TABLE 154 MEXICO: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 182
9.5.3 REST OF LATIN AMERICA 182
TABLE 155 ROLA: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 183
TABLE 156 ROLA: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 183
TABLE 157 ROLA: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 184
TABLE 158 ROLA: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 184
9.6 MIDDLE EAST AND AFRICA 184
9.6.1 INITIATIVES TO ENHANCE HEALTHCARE ACCESSIBILITY MAY SUPPORT MARKET GROWTH 184
TABLE 159 MEA: LAPAROSCOPIC INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 185
TABLE 160 MEA: LAPAROSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 185
TABLE 161 MEA: LAPAROSCOPIC INSTRUMENTS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 186
TABLE 162 MEA: LAPAROSCOPIC INSTRUMENTS MARKET, BY END USER,
2019–2026 (USD MILLION) 186
10 COMPETITIVE LANDSCAPE 187
10.1 OVERVIEW 187
10.2 KEY PLAYER STRATEGIES 187
10.3 REVENUE SHARE ANALYSIS OF THE TOP MARKET PLAYERS 188
FIGURE 40 REVENUE ANALYSIS OF THE TOP PLAYERS IN THE LAPAROSCOPIC INSTRUMENTS MARKET 188
10.4 MARKET SHARE ANALYSIS 188
FIGURE 41 LAPAROSCOPIC INSTRUMENTS MARKET SHARE, BY KEY PLAYER, 2020 189
10.5 COMPETITIVE LEADERSHIP MAPPING 190
10.5.1 STARS 191
10.5.2 EMERGING LEADERS 191
10.5.3 PERVASIVE PLAYERS 191
10.5.4 PARTICIPANTS 191
FIGURE 42 LAPAROSCOPIC INSTRUMENTS MARKET: COMPETITIVE LEADERSHIP MAPPING (2020) 192
10.6 COMPETITIVE LEADERSHIP MAPPING FOR START-UPS 193
10.6.1 PROGRESSIVE COMPANIES 193
10.6.2 DYNAMIC COMPANIES 193
10.6.3 STARTING BLOCKS 193
10.6.4 RESPONSIVE COMPANIES 193
FIGURE 43 LAPAROSCOPIC INSTRUMENTS MARKET: COMPETITIVE LEADERSHIP MAPPING FOR START-UPS (2020) 194
10.7 COMPANY PRODUCT FOOTPRINT 195
FIGURE 44 PRODUCT PORTFOLIO ANALYSIS: LAPAROSCOPIC INSTRUMENTS MARKET 195
10.8 GEOGRAPHIC FOOTPRINT OF MAJOR PLAYERS IN THE LAPAROSCOPIC INSTRUMENTS MARKET 196
FIGURE 45 GEOGRAPHIC REVENUE MIX: LAPAROSCOPIC INSTRUMENTS MARKET (2020) 196
10.9 COMPETITIVE SCENARIO 197
TABLE 163 PRODUCT LAUNCHES (2017–FEBRUARY 2021) 197
TABLE 164 DEALS (2017–2020) 198
11 COMPANY PROFILES 199
11.1 KEY PLAYERS 199
(Business overview, Products offered, Recent Developments, Strategic overview, SWOT Analysis, MNM view)*
11.1.1 INTUITIVE SURGICAL, INC. 199
TABLE 165 INTUITIVE SURGICAL, INC.: BUSINESS OVERVIEW 199
FIGURE 46 COMPANY SNAPSHOT: INTUITIVE SURGICAL, INC. (2020) 200
11.1.2 ETHICON, INC. (A SUBSIDIARY OF JOHNSON & JOHNSON SERVICES, INC.) 204
TABLE 166 JOHNSON & JOHNSON: BUSINESS OVERVIEW 204
FIGURE 47 COMPANY SNAPSHOT: JOHNSON & JOHNSON (2020) 205
11.1.3 OLYMPUS CORPORATION 209
TABLE 167 OLYMPUS CORPORATION: BUSINESS OVERVIEW 209
FIGURE 48 COMPANY SNAPSHOT: OLYMPUS CORPORATION (2020) 210
11.1.4 MEDTRONIC PLC 214
TABLE 168 MEDTRONIC PLC: BUSINESS OVERVIEW 214
FIGURE 49 COMPANY SNAPSHOT: MEDTRONIC PLC (2019) 215
11.1.5 STRYKER CORPORATION 219
TABLE 169