Middle Eastern and North African Laparoscopy Devices Market
Dublin, Nov. 16, 2022 (GLOBE NEWSWIRE) -- The "Middle East and North Africa Laparoscopy Devices Market - A Regional Analysis: Focus on Application, Products, End User, and Country - Analysis and Forecast, 2022-2031" report has been added to ResearchAndMarkets.com's offering.
The Middle East and North Africa laparoscopy devices market was valued at $752.0 million in 2021 and is anticipated to reach $1,731.4 million by 2031, witnessing a CAGR of 7.71% during the forecast period 2022-2031. The market is driven by factors such as the rising preference for minimally invasive surgeries, increase in the prevalence of chronic diseases in the geriatric population, rising technological advancement, and increase in medical tourism in some countries.
Market Lifecycle Stage
The laparoscopy devices market is still in the development phase. Increased research and development activities are underway to develop more products. The market is driven by factors such as the rising preference for minimally invasive surgeries and increase in the prevalence of chronic diseases in the geriatric population, among others. The rising preference for surgeries over open surgeries is leading to the increased demand for laparoscopy devices such as laparoscopes and energy devices, and the integration of industry with robotics is a major opportunity in the Middle East and North Africa laparoscopy devices market.
Segmentation 1: by Product
Conventional Laparoscopy Devices (Laparoscopes, Hand Instruments, Access Devices, Energy Devices, Closure Devices, Insufflators, Others)
Robotic-Assisted Laparoscopy Devices (Systems, Instruments and Accessories, Services)
Segmentation 2: by Application
Segmentation 3: by Country
Rest-of-Middle East and North Africa
Segmentation 4: by End User
Ambulatory Surgical Centres
Demand - Drivers and Limitations
Following are the drivers for the Middle East and North Africa laparoscopy devices market:
Rising Preference for Minimally Invasive Surgeries
Increase in Prevalence of Chronic Diseases in Geriatric Population
Rising Technological Advancements
Increase in Medical Tourism in Countries
The market is expected to face some limitations too, due to the following challenges:
High Cost of Robotic-Assisted Minimally Invasive Surgeries and Shortage of Skilled Professionals
Lack of Reimbursement Policies
Key Market Players
Applied Medical Resources Corporation
Asensus Surgical, Inc.
B. Braun SE
Boston Scientific Corporation
Human Xtensions Ltd.
Intuitive Surgical, Inc.
Johnson & Johnson
KARL STORZ SE & Co. KG
Seger Surgical Solutions Ltd
Key Topics Covered:
2 Middle East and North Africa Laparoscopy Devices (by Application)
3 Middle East and North Africa Laparoscopy Devices Market (by Product)
4 Middle East and North Africa Laparoscopy Devices Market (by End User)
6 Markets - Competitive Benchmarking & Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/ui7fa1
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