Laparoscopy can be defined as a diagnostic procedure for observing the abdominal section of the human body. The instrument used for this diagnostic technique is known as a ‘laparoscope’. The devices consists of a long tube powered by a high intensity light with a camera attached to the front. The tube is inserted into the patient’s body through a small cut or incision made on the body. The camera is used to capture and send the images of the internal walls of abdomen to the doctor. Emergence and integration of 3D technology in medical industry has created countless lucrative possibilities for players in global 3D laparoscopy market. Increasing consumer demand for accurate and high quality diagnostic tools and rising usage of the laparoscopic techniques around the world are key factors motivating growth in global 3D laparoscopy market. On the other hand, lack of awareness regarding these techniques and poor image quality provided by some of the solutions and products in global 3D laparoscopy market can prove to be adversely influential for the market growth in coming years.
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Types of products offered by the manufacturers and players in the global 3D laparoscopy market include trocars, direct energy devices, hand instruments, laparoscopes, insufflation devices, and closure devices, along with their accessories. Direct energy devices segment is expected to grow at a rapid rate during the forecast period owing to integration of robot-assisted laparoscopic techniques and increasing demand for minimally invasive surgical devices. Direct energy and closure devices segments dominated the industry in 2016, owing to technological advancements in global 3D laparoscopy market and growing global healthcare industry. Direct energy devices provide superior quality output images and the chance of manual mistakes occurring when data is inputted by the physicians.
Rising Demand for multifunctional Diagnostics Equipment Drives 3D Laparoscopy Market
Application of the products in global 3D laparoscopy market can be done for various surgical procedures such as gynecological surgery, bariatric surgery, urological surgery, general surgery, and colorectal surgery. Rapid advancement of 3D technology for the medical diagnostics purposes and rising demand for multifunctional diagnostics equipment and devices are triggering the growth in general surgery and bariatric surgery segments in global 3D laparoscopy market. Better visualization of internal organ walls and clinically tested and efficient technology offered by the products in global 3D laparoscopy market in beneficial for the bariatric surgery segment which held the largest share in 2016.
End-users of the products in global 3D laparoscopy market are ambulatory surgical centers and hospitals. Abundant availability of qualified and trained healthcare practitioners and rising prevalence of gynecological and gastrointestinal disorders were key motivators for the hospital segment in global 3D laparoscopy market which held the largest share in 2016. Another growth driver for the market is enhanced medical reimbursement policies in developed economies.
North America Dominates the 3D Laparoscopy Market
Key regions functional in the global 3D laparoscopy market include North America, Latin America, Europe, Middle East and Africa, and Asia Pacific. North America witnessed highest generated revenue in the global 3D laparoscopy market in the year of 2016 owing to the increase in per capita spending on healthcare and medical facilities by regional population. Other drivers for the North America 3D laparoscopy market included technologically advanced healthcare infrastructure and higher rate of adoption of 3D technology by the healthcare practitioners and physicians in the region. North America region is expected to dominate the global market in coming years. Increasing demand for technologically advanced medical diagnostic tools and rising demand for minimally invasive surgical procedures are key trends expected to drive the growth in Asia Pacific 3D laparoscopy market in coming years.
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Some of the major incumbent players operation within the global 3D laparoscopy market include Cook Group Incorporated, Stryker Corporation, Pridex, Boston Scientific Corporation, Olympus Corp., and Intuitive Surgical, Inc. Players and manufacturers in global 3D laparoscopy market are increasing their investments to develop more precise and rapid diagnostics products