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(MoneyNewsWire.Net, October 23, 2017 ) The Middle-East and Africa Laparoscopy Device Market was worth $0.62 billion in 2016 and estimated to be growing at a CAGR of 7.31%, to reach $0.89 billion by 2021.
Laparoscopy is a negligibly invasive procedure used as a diagnostic tool and surgical process that is implemented to identify the abdominal and pelvic organs, head, etc. Laparoscopic device is comprising of a tube that is injected through the abdominal wall and irradiated to enable a surgeon to view the internal organs. Laparoscopy uses images to recognize and diagnose the disease.
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The Middle-East and Africa market for laparoscopy devices is majorly driven owing to welfares such as speedy recovery and shorter hospital stay. The laparoscopic devices market is witnessing substantial growth due to the growing agreement for minimal invasive surgeries, technological improvements and increasing incidence of colorectal cancer. However, high cost of these devices and procedures and lack of skilled professionals are the key factors hindering the growth of the laparoscopic devices market.
The Middle-East and Africa laparoscopic market is segmented on the basis of product into internal closure devices, hand access instruments, robotic assisted surgical system, laparoscopes, direct energy systems and insufflation devices. Based on therapeutic application the market is divided into colorectal surgery, gynaecological surgery, general surgery, bariatric surgery and urological surgery. On the basis of end-users the market is bifurcated into hospitals, clinics and ambulatory surgical centers. Direct energy system devices segment has accounted for maximum share in 2016 and is projected to register a healthy CAGR in the forecast period.
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Based on geography the market is analysed under various regions namely, Middle East and Africa. Africa dominates the region market with highest number of shares and is expected to continue its dominance over the forecast period.
Some of the major players in the laparoscopy market are Boston Scientific Corporation, Karl Storz, ConMed, Aesculap, Covidien, Olympus, Intuitive Surgical, Stryker, Medtronic, B. Braun Melsungen AG, Ethicon US LLC and Smith & Nephew.
Market Segmentation
1) By Product Type
Internal Closure Devices
Hand Access Instruments
Robotic Assisted Surgical System
Laparoscopes
Direct Energy Systems
Insufflation Devices
2) By Therapeutic Application
Colorectal Surgery
Gynaecological Surgery
General Surgery
Bariatric Surgery
Urological Surgery
3) By End Users
Hospitals
Ambulatory Surgical Centers
Clinics
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Reasons to buy Middle East and Africa Laparoscopy Device Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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