Laparoscopic Instruments Market share forecast to witness considerable growth from 2017 to 2024

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Laparoscopic Instruments Market Size, Industry
Analysis Report, Regional Outlook from 2017 to
2024. Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Regional Analysis of Laparoscopic Instruments
Market

• Based on products, the industry can be segmented
  into laparoscopes, energy devices, insufflators,
  suction systems, closure devices, energy devices
  and accessories.
• The energy devices segment witnessed a rapid
  technological advancement over the last decade
  and is said to be the dominating product segment.
  
• The recent advances in the energy devices and
  rising implementation of the same will propel the
  demand of the device with a higher CAGR over the
  forecast period.
• U.S. is expected to lead regional laparoscopic
  instruments market size in 2016. The trends in
  adoption of latest technologies in laparoscopic
  surgery, availability of skilled surgeons,
  favorable reimbursement scenario, and
  state-of-art healthcare infrastructure should
  fuel the business growth. Presence of leading
  global players in the region such as Ethicon,
  Boston scientific, Cook Medical healthcare and
  Stryker will stimulate industry growth.

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• Europe should grow considerably over the forecast
  period with growing healthcare expenditure and
  rising number of minimally invasive surgeries.
• Rising number of companies in the region getting
  CE mark for their laparoscopic instruments should
  also fuel the regional share. Latin America will
  experience significant growth opportunities due
  to increasing number of bariatric surgeries and
  advancement of the healthcare infrastructure.
• Brazil is expected to drive the regional
  laparoscopic instruments market. The growing
  number of gynecological and urological procedures
  will stimulate the market growth.

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Competitive Market Share of Laparoscopic
Instruments Market

• Laparoscopic surgeries have numerous advantages
  over the traditional open surgical procedure.
• With these procedure, pain and hemorrhage can be
  reduced drastically and the duration of hospital
  stay is reduced, exposure of internal organs to
  external environment is greatly lessened creating
  a significant impact towards product adoption.
• Laparoscopic surgery finds its application in
  varied gastrointestinal surgical procedures and
  other general surgical procedures with
  technological advancements in the field.
• Moreover, it is one of the most common procedure
  utilized for management of colorectal cancer.
  According to U.S. National Cancer Institute,
  134,490 new cases of colorectal cancer were
  estimated in U.S.

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