DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/mr35nk/global) has announced the addition of the "Global Laparoscopic Devices Market 2011-2015" report to their offering.
TechNavio's analysts forecast the Global Laparoscopic Devices market to grow at a CAGR of 5.1 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increase in the aging and chronically-ill population worldwide. The Global Laparoscopic Devices market has also been witnessing the trend of increasing popularity of Minimally-Invasive Surgery (MIS). However, the lack of trained surgeons could pose a challenge to the growth of this market.
Key vendors dominating this space include Covidien Ltd., Ethicon Endo-Surgery Inc., Stryker Corp. and KARL STORZ GmbH & Co. KG.
Commenting on the report, an analyst from TechNavio's Healthcare team said: ''Over the years, there has been a significant increase in the demand for minimally-invasive procedures with a parallel increase in the availability of trained surgeons who can perform such laparoscopic procedures. Minimally-invasive procedures are gaining popularity because of their advantages such as less pain, faster recovery, small injuries, minimal blood loss, and cost savings. However, a surgeon performing MIS should be highly skilled because the process involves difficulties such as restricted vision, difficulty in handling instruments, and the need for proper hand-eye coordination. The trend is aided by the availability of a vast range of laparoscopy training programs provided by device manufacturers and research studies aimed at demonstrating the advantages of laparoscopic surgery over open surgery.''
According to the report, as a result of changes in lifestyle and eating habits, many people are becoming prone to different diseases. Currently, there is more emphasis on disease prevention, and laparoscopy is considered as a standard procedure to diagnose ovarian cancer, appendicitis, ectopic pregnancy, endometriosis, cholecystitis, and other pelvic inflammatory diseases. There is a significant increase in the expenditure on healthcare services, and the use of laparoscopy is likely to increase in the future. This driver is expected to have a strong impact on the market.
For more information visit http://www.researchandmarkets.com/research/mr35nk/global.