Laparoscopic Devices | Market Insights | Asia Pacific | 2021
The COVID-19 pandemic will have a significant impact on the Asia Pacific laparoscopic device market. Once the market stabilizes, however, it will expand moderately through 2029, driven by an expanding patient base and growth in laparoscopic procedure volumes. A set of factors such as an aging population, increased prevalence of diseases and conditions such as obesity, and also increasing demand for minimally invasive procedures also influence the market. The markets in China and India will be driven primarily by rising procedure volumes, while revenue growth in Australia and South Korea will be the result of adoption of advanced products, particularly in the advanced energy device, internal closure device, and laparoscope segments.
This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for laparoscopic devices in the Asia Pacific region across a 10-year period.