Middle East and North Africa Laparoscopy Devices Market – A Regional Analysis: Focus on Application, Products, End User, and Country

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The Middle East and North Africa laparoscopy devices market will reach $1,731. 4 million by 2031. Middle East and North Africa Laparoscopy Devices Market Industry Overview.

NEW YORK, Nov. 07, 2022 (GLOBE NEWSWIRE) — Reportlinker.com has released the “Middle East and North Africa Laparoscopy Devices Market – A Regional Analysis: Application, Product, End User, and Country Focus – Analysis” report. Announced and Forecast, 2022-2031″ – https://www.reportlinker.com/p06361117/?utm_source=GNW
The Middle East and North Africa laparoscopy equipment market was valued at USD 752.0 million in 2021 and is expected to reach USD 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 increasing preference for minimally invasive surgeries, increasing prevalence of chronic diseases in the geriatric population, increasing technological advancements, and increasing medical tourism in some countries.

Market life cycle stage

The laparoscopy equipment market is still in the development phase. Increasing research and development activities are underway to develop more products.

The market is driven by factors such as increasing preference for minimally invasive surgeries and increasing prevalence of chronic diseases in the geriatric population. The increasing preference of surgeries over open surgeries is leading to increased demand for laparoscopy devices such as laparoscopes and energy devices and industry integration with robotics is a major opportunity in the Middle East and North Africa laparoscopy devices market.

Impact of COVID-19

The COVID-19 pandemic delayed the surgical procedure. The impact of COVID-19 on laparoscopy equipment is unclear, as surgeries were limited during the pandemic.

Before the COVID-19 pandemic, laparoscopic surgeries were widely performed in hospitals and medical facilities. Factors such as travel restrictions and the risk of virus transmission led to a decline in laparoscopic surgeries.

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As the recovery phase of the COVID-19 pandemic begins, laparoscopy device procedures are expected to return to normal.

In addition, the COVID-19 pandemic also helped drive the adoption of disposable laparoscopy devices. Single-use laparoscopy instruments eliminate the risk of cross-contamination, which proved favorable for their adoption during the COVID-19 pandemic.

Market Segmentation:
Segmentation 1: By Product
• Conventional laparoscopy instruments
o Laparoscopes
o Hand tools
o Access devices.
o Energy equipment
o Shut-off devices
o Insufflators
o Others
• Robotic assisted laparoscopy instruments
o Systems
o Equipment and accessories
o Services

The Middle East and North Africa laparoscopy devices market (by product) is expected to be dominated by the conventional laparoscopy devices segment.

Division 2: By Application
• General surgery
• Gynecological surgery
• Urological surgery
• Bariatric surgery
• Other surgeries

General surgery is expected to be the largest application in the Middle East and North Africa laparoscopy devices market.

Division 3: By Country
• Turkey
• United Arab Emirates
• KSA
• Isra Yale
• Rest of the Middle East and North Africa

Turkey is expected to dominate the Middle East and North Africa laparoscopy devices market (by country).

Segmentation 4: By end user
• Hospital
Ambulatory surgical centers
• Other

The Middle East and North Africa laparoscopy devices market (in terms of end-user) is dominated by the hospital segment.

Recent Developments in the Middle East and North Africa Laparoscopy Devices Market

• In January 2022, Seger Surgical Solutions Ltd announced that it had launched a next-generation laparoscopic stapler for intracorporeal anastomosis on the market.
• In September 2021, Olympus Corporation strengthened its surgical portfolio with the launch of POWERSEAL Advanced Bipolar Surgical Energy Devices.
• In December 2021, Intuitive Surgical, Inc. received FDA clearance for the 8 mm SureForm 30 curved tip stapler for use in general, thoracic, gynecologic, urologic, and pediatric surgery.
• In January 2020, KARL STORZ SE & Co KG introduced a new 3D surgical imaging system and modular camera platform at Arab Health 2020.
• In March 2019, Stryker Corporation acquired Israel-based company Orthospace Limited to expand its product portfolio.
• In June 2018, Stryker Corporation signed a definitive agreement to acquire SafeAir AG, a Swiss medical device company that designs, develops and manufactures advanced surgical smoke extraction solutions for expanding surgical businesses. Dedicated to

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Demand – Drivers and Limits

Middle East and North Africa Laparoscopy Devices Market Drivers are:
• Increasing preference for minimally invasive surgeries
• Increasing prevalence of chronic diseases in the geriatric population
• Increasing technological progress
• Increasing medical tourism in countries

The market is also expected to face some limitations due to the following challenges:
• High cost of robotic-assisted minimally invasive surgeries and shortage of skilled professionals
• Lack of reimbursement policies

How can this report add value to an organization?

Type: The type section helps the reader understand the different types of laparoscopy products available in the market. Furthermore, the study provides the reader with a detailed understanding of the products that fall into two main segments, namely conventional laparoscopy devices and robotic assisted laparoscopy devices.

Growth/Marketing Strategy: The Middle East and North Africa laparoscopy equipment market has witnessed major growth by key players operating in the market, such as business expansion, partnerships, collaborations, and joint ventures. The preferred strategy for companies has been regulatory and legal. Activities, partnerships, alliances, and business expansions to strengthen our market position.

For example, in March 2019, Stryker Corporation acquired an Israel-based company called OrthoSpace Ltd., and in September 2021, Olympus Corporation expanded its surgical portfolio with the launch of POWERSEAL Advanced Bipolar Surgical Energy Devices. Strengthened?

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Competitive Strategy: The key players in the global Middle East and North Africa laparoscopy devices market analyzed and profiled in the study include established and emerging players offering various products for laparoscopy devices. Furthermore, detailed competitive benchmarking of players operating in the global Middle East and North Africa Laparoscopy Devices market has been done to help readers understand how players stack up against each other, a market segment. Presents a clear picture.

Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will help the reader understand untapped revenues in the market.

Summary of Key Market Players and Competition

The companies profiled are selected based on input from key experts and analysis of company coverage, product portfolio and market penetration.

Some of the players in this market are:
Applied Medical Resources Corporation
• Arthrex, Inc
• Asensus Surgical, Inc.
Barco NV
• B. Braun SE
• Boston Scientific Corporation
CONMED CORPORATION
• HUMAN EXTENSIONS LIMITED
• Intuitive Surgical, Inc.
• Johnson & Johnson
• Carl Storrs SE & Co. KG
• Medtronic plc
• Olympus Corporation
• Peters Surgical
• Seeger Surgical Solutions Limited
• Stryker Corporation
• Virtual ports

Countries covered
• United Arab Emirates
• Kingdom of Saudi Arabia (KSA)
• Isra Yale
• Turkey
• Rest of the Middle East and North Africa
Read the full report: https://www.reportlinker.com/p06361117/?utm_source=GNW

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