Laparoscopic gynecological procedures are minimally invasive surgical techniques performed in the field of gynecology using laparoscopic instruments and equipment. These procedures involve accessing the pelvic and abdominal cavities through small incisions instead of the traditional large incisions used in open surgery.
Sizing and Forecast
The laparoscopic gynecological procedures market size has grown strongly in recent years. It will grow from $23.74 billion in 2023 to $25.51 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to the high prevalence of ovarian cysts, the changed regulatory landscape, the rise in healthcare expenditure, increased healthcare infrastructure, and the rise in the prevalence of colorectal cancer.
The laparoscopic gynecological procedures market size is expected to see strong growth in the next few years. It will grow to $34.31 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to increasing gynecological disorders, increasing aging population, expansion of indications, and rising acceptance of minimally invasive operations. Major trends in the forecast period include technological advancements, advancements in endoscopes, minimally invasive techniques, the collaboration between gynecologists, and integration of artificial intelligence.
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Segmentation & Regional Insights
The laparoscopic gynecological procedures market covered in this report is segmented –
1) By Procedure: Laparoscopic Hysterectomy, Laparoscopic Myomectomy, Laparoscopic Colpopexy (Sacrocolpopexy, Sacrocervicopexy, and More), Laparoscopic Endometrial Excision, Laparoscopic Adnexal (Oophorectomy, Salpingo-oophorectomy, and More), Laparoscopic Diagnostic Procedures (Requiring Chromopertubation)
2) By Product: Surgical Devices, Gynecological Imaging Devices, Portable Tools
3) By End-Use: Hospitals, Clinics, Ambulatory Surgery Centers (ASCs)
North America was the largest region in the laparoscopic gynecological procedures market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laparoscopic gynecological procedures market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The prevalence of gynecological cancer is expected to propel the growth of the laparoscopic gynecological procedures market going forward. Gynecologic cancer refers to any cancer that begins in a woman’s reproductive organs. Gynecologic cancers include cancers of the ovary, uterus, cervix, vagina, and vulva, and can be caused due to several factors, such as the aging population and longer life expectancy mean, higher rates of obesity, smoking, and physical inactivity. Laparoscopic gynecological procedures help reduce the prevalence of gynecological cancer by treating and managing the disease, preventing recurrence, and improving patient outcomes by applying different therapies. For instance, in February 2022, according to the World Ovarian Cancer Coalition, a Canada-based not-for-profit organization, ovarian cancer affected 313,959 women worldwide in 2020. This will have increased by 42% by 2040 to 445,721; between 2020 and 2040, there will be a 51% increase in the number of women dying from ovarian cancer, from 207,252 to 313,617. Therefore, the high prevalence of gynecological cancer is driving the growth of the laparoscopic gynecological procedures market.
Key Industry Players
Major companies operating in the laparoscopic gynecological procedures market are Johnson & Johnson , Bayer HealthCare, Abbott Laboratories, Medtronic plc, Stryker Corporation, Boston Scientific, B. Braun Melsungen, Zimmer Biomet, Intuitive Surgical, Smith & Nephew, Hologic Inc., CooperSurgical, W. L. Gore & Associates, Teleflex Incorporated, Karl Storz GmbH, Cook Medical, ConMed Corporation, KLS Martin Group, Applied Medical, Aesculap Inc., Richard Wolf GmbH, Lumenis Ltd., ERBE Elektromedizin GmbH, DYSIS Medical, EndoGastric Solutions
The laparoscopic gynecological procedures market report table of contents includes:
1. Executive Summary
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32. Global Laparoscopic Gynecological Procedures Market Competitive Benchmarking
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