- Global Pharma News & Resources

Laparoscopy Devices Market in Indian Growing At A CAGR Of 7.3% And To Target $811 million By 2023

Pune, Maharashtra, India, February 10 2021 (Wiredrelease) Allied Analytics –:Laparoscopy is a minimally invasive surgical procedure that assists in the diagnosis of various abdominal and pelvic disorders, such as cysts, adhesions, fibroids, and infection that occurs in the female pelvic organs. Laparoscopy is also known as keyhole surgery, and it is performed by creating a small incision. Laparoscopes are inserted through a small incision in the abdomen, which captures pictures of the abdominal organs. This procedure also assists in performing a biopsy of tissues and surgeries, such as cholecystectomy (laparoscopic gallbladder surgery), appendectomies (removal of appendix) and anti-reflux surgery, treatment for acid reflux, also known as GERD (gastroesophageal reflux disease).

The Indian laparoscopy devices market was valued at $490 million in 2016, and is projected to reach $811 million by 2023, growing at a CAGR of 7.3% from 2017 to 2023. The energy devices segment accounted for one fourth share of the total market in 2016.

Download Free Report Sample @

Indian laparoscopic devices market is fueled by the growing number of minimally invasive procedures along with the rising disposable income. In addition, rise in the number of obese population, growth in laparoscopic-based bariatric surgeries for weight reduction will supplement the growth of Indian laparoscopy devices market. However, lack of awareness regarding newly developed laparoscopy products along with unfavorable reimbursement policies will restraint market growth. Moreover, the growing investments and funding in healthcare sector will certainly create many lucrative opportunities for various regional key players in this market.

The robot-assisted surgeries segment is anticipated to grow with a high CAGR of 8.1% during the forecast period. This is attributed to the fact that robot-assisted laparoscopic surgeries are becoming a preferred modality over open surgeries as the former offers greater visualization, enhanced dexterity, and greater precision.

Inquire before buying @

Bariatric surgery application accounts for about two-ninths of the total share in 2016, driven by the growth in number of surgeries, such as gastric bypass, sleeve gastrectomy, and gastric banding. The growth in obese patients is expected to increase chances of related diseases, such as cardiovascular diseases, cancer, osteoarthritis, and diabetes, in turn increasing the demand for laparoscopic based bariatric surgery in India.

The Major Key Players Are:

Johnson & Johnson (Ethicon, Inc.), Olympus Corporation, Medtronic PLC. (Covidien), Boston Scientific Corporation, Stryker Corporation, Karl Storz GmbH & Co.KG, Smith & Nephew PLC., Richard Wolf GmbH, B. Braun Melsungen AG (Aesculap, Inc.), and Dolphin Surgicals.

The other Key players Are:

Medical Equipment India (MEI), Universe Surgical Equipment Co., Xcellance Medical Technologies Pvt Ltd., Hospiinz International, INDIA PRIVATE LIMITED, Bharat Surgical Co, Masppo Medical Devices, Hib Surgicals, SI Surgical Pvt. Ltd, and Jay Shakti Industries.

Access Full Report @

Key Findings of the Indian Laparoscopy Devices Market:

•    The access devices segment holds significant share in the Indian laparoscopy devices market accounting for one-seventh share of the total Indian market in 2016.
•    The hernia repairs segment is expected to grow with a high CAGR of 7.1% during the forecast period.
•    Cholecystectomies segment dominated the Indian laparoscopy devices market accounting for two-third share of the total Indian market in 2016.
•    Gastric bypass segment dominated the Indian laparoscopy devices market accounting for half share of the total Indian market.
•    Sleeve gastrectomies segment is expected to grow at highest rate, registering a CAGR of 9.0% from 2017-2023.

Similar Reports:

Ophthalmic Lasers Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

Nanomedicine Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

Blood Pressure Monitoring Devices Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

About Us:

Allied Market Research (AMR) is a full-service market research and business -consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975

This content has been published by Allied Analytics company. The WiredRelease News Department was not involved in the creation of this content. For press release service enquiry, please reach us at

Editor Details

Last Updated: 10-Feb-2021