Laparoscopic Devices | Market Insights | US | 2023
The US laparoscopic device market was negatively impacted by the COVID-19 pandemic. However, the overall market for laparoscopic devices will exhibit modest growth over the forecast period, driven mainly by the continued uptake of innovative premium-priced products—including direct energy devices, powered staplers, and 4K video laparoscopes—as well as rising laparoscopic and robotic-assisted procedure volumes, attributable to the aging population, increasing prevalence of chronic diseases, and rising demand for minimally invasive procedures; however, limited reimbursement will hinder revenue growth to some extent.
This Medtech 360 Report provides comprehensive data and analysis on the state of the market for laparoscopic devices in the US from 2019 through 2031.