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.
The COVID-19 pandemic will affect the laparoscopic device market.
To what extent will the COVID-19 pandemic impact the laparoscopic device market in the Asia Pacific region?
Which procedures are going to be affected the most during the pandemic?
How quickly are procedure volumes expected to rebound?
Laparoscopic procedure volumes will grow moderately over the forecast period.
Which procedure types will see the greatest growth through 2029? What factors will drive this growth?
What are the laparoscopic penetration trends for different procedures?
What effects will policy changes and clinical trial results have on procedure trends?
The Latin American laparoscopic device market will continue to see new product launches.
Which segments are seeing the most product launches?
Which competitors have been most actively releasing products?
The market for advanced direct energy devices will see strong growth through 2029.
What is driving the adoption of advanced direct energy devices in the Asia Pacific region?
What is the penetration of ultrasonic devices compared to bipolar devices in this region?
What new products will launch in this segment, and what impact will they have on the market and competitive landscapes?
Most of the market segments are dominated by MNCs.
Which companies are the leading competitors in these markets?
In which segments do local competitors play a strong role?
What strategies are companies implementing to target the Asia Pacific laparoscopic device market?
- Laparoscopic Devices - Market Insights - Asia Pacific
Author(s): Muskan Kishore, MBA(Pharm)
Muskan Kishore is a market expert specializing in gastrointestinal endoscopy devices within the Endoscopy, Diagnostics, and Healthcare IT Medtech Insights team at Decision Resources Group. Muskan Kishore holds a Bachelor's degree in Pharmacy from Panjab University, Chandigarh, and an MBA (Pharm) from the National Institute Of Pharmaceutical Sciences And Research (Mohali), Punjab.