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Increase In Cases Of Gastric Bypass And Appendectomies To Increase The Laparoscopic Needle Holder Robotic Devices Market Growth

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Laparoscopic Needle Holder Robotic Devices Market: Segmentation

Tentatively, the global Laparoscopic Needle Holder Robotic Devices Market can be segmented on the basis of product type, application, end user and geography.

Based on product type, the global Laparoscopic Needle Holder Robotic Devices Market is segmented as:

  • Micro endoscopic needles
  • Endo-dissectors
  • Endo-graspers

Based on application, the global Laparoscopic Needle Holder Robotic Devices Market is segmented as:

  • Urology
  • Gynecology
  • Bariatrics
  • General surgery
  • Others

Based on end user, the global Laparoscopic Needle Holder Robotic Devices Market is segmented as:

  • Hospitals
  • Ambulatory surgical centers
  • Others

Laparoscopic Needle Holder Robotic Devices Market: Key Players

The global laparoscopic needle holder robotic devices market is highly fragmented owing to presence of large number of domestic manufacturers. Examples of some of the key players operating in the global Laparoscopic Needle Holder Robotic Devices market are Lamidey Noury Medical, Olympus Corporation, Intuitive Surgical Inc., Ethicon Inc., Johnson & Johnson Pharmaceutical Company, Stryker Corporation, and Karl Storz.

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Laparoscopic Needle Holder Robotic Devices Market: Overview

The global market for laparoscopic needle holder robotic devices is expected to witness moderate growth over the forecast period. Among the application, Bariatrics and gynecology segment is the lucrative segment as increase in cases of gastric bypass, gastric banding, and appendectomies is reported in recent years and is expected to have a large share in the laparoscopic needle holder robotic devices market.

On the bases of end user segment hospitals is expected to hold a high laparoscopic needle holder robotic devices market potential for growth of laparoscopy devices, owing to increase in popularity for minimal invasive surgeries and expansion in governmental initiatives to improve healthcare facilities.

Laparoscopic Needle Holder Robotic Devices Market: Regional Outlook

Geographically, the global laparoscopic needle holder robotic devices market is segmented into viz. North America, Latin America, Europe, Asia-Pacific excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). North America is expected to be the dominant market in the global laparoscopic needle holder robotic devices market due to increasing adoption of robotic laparoscopic needle holder devices by hospitals in the region.

Europe is expected to register moderate share in the global Laparoscopic Needle Holder Robotic Devices Market throughout the forecast period owing to high healthcare technologies and infrastructure. Asia Pacific is expected to grow at steady rate for laparoscopic needle holder robotic device market due to less number of skilled professional and under developed medical facilities.

Laparoscopic Needle Holder Robotic Devices Market: Drivers and Restraints

The laparoscopic needle holder robotic device market is driven by the growth in prevalence of morbid obesity that leads to the increased demand for gastric banding, bariatric surgery, gastric bypass, sleeve gastrostomy through laparoscopy. The public awareness about minimal invasive surgery and growing popularity for them is expected to drive the growth of laparoscopic needle holder robotic device market.

New technological advancements in medical robotics are expected to boost the growth of laparoscopic needle holder robotic device market. Increased number of surgeries can also increase the revenue share of laparoscopic needle holder robotic device market. But lack of trained medical professionals for laparoscopic surgery and post-surgical risks associated with laparoscopy restrict the laparoscopic needle holder robotic devices market growth.

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