Canada Laparoscopy Devices Market Size, Trends and Forecast to 2031

Market Research Report

A quick peek into the report

1.1   Market Outlook
1.1.1   Product Definition
1.1.2   Inclusion and Exclusion Criteria
1.1.3   Key Findings
1.1.4   Assumptions and Limitations
1.1.5   Market Growth Scenario
1.1.5.1   Realistic Growth Scenario
1.1.5.2   Optimistic Growth Scenario
1.1.5.3   Pessimistic/Conservative Growth Scenario
1.2   Industry Outlook
1.2.1   Key Trends
1.2.1.1   Rising Market Players in Canada Robotics Market
1.2.1.2   Growing Focus of Infection Control in Medical Facilities
1.2.2   Comparative Analysis
1.2.2.1   Open, Laparoscopic, and Robotic-Assisted Procedures
1.2.2.2   Challenges Associated with Open Surgery, Laparoscopy, and Robotic-Assisted Procedure
1.2.3   Patent Analysis
1.2.3.1   Patent Analysis (by Year)
1.2.3.2   Awaited Technologies
1.2.4   Supply Chain Analysis
1.2.5   Key Enabling Technologies
1.2.5.1   Three-Dimensional Technology in Laparoscopy Surgery
1.2.5.2   Tetherless Insertable Surgical Camera (s-CAM) Robot
1.2.6   Regulatory Landscape
1.2.7   Product Benchmarking
1.3   Impact of COVID-19 on Canada Laparoscopy Devices Market
1.3.1   Pre-COVID-19 Scenario
1.3.1.1   Market Sizing and Growth Scenario
1.3.1.2   Opportunities
1.3.1.3   Demand and Supply
1.3.2   During COVID-19
1.3.2.1   Market Sizing and Growth Scenario
1.3.2.2   Focus Area During COVID-19
1.3.2.3   Demand and Supply
1.3.3   Future Impact of COVID-19
1.3.3.1   Impact on Demand and Supply
1.3.3.2   Impact on Competitive Landscape
1.3.3.3   Impact on Entry Barriers and Opportunities for New Companies
1.4   Business Dynamics
1.4.1   Impact Analysis
1.4.2   Business Drivers
1.4.2.1   Rising Preference for Minimally Invasive Procedures
1.4.2.2   Rising Regulatory Approvals for Robotic Systems
1.4.2.3   Growing Geriatric Population
1.4.2.4   Rising Bariatric Surgeries
1.4.3   Business Restraints
1.4.3.1   Long Waiting Time for Laparoscopic Procedures
1.4.3.2   High Cost of Robotic-Assisted Surgery Systems
1.4.4   Business Opportunities
1.4.4.1   Diversification of Product Portfolio by Incorporating Technological Advanced Laparoscopic Instruments

2.1   Overview
2.2   Opportunity Assessment
2.3   Growth Share Matrix
2.4   Conventional Laparoscopy Devices Market
2.4.1   Laparoscopes
2.4.1.1   Average Selling Price
2.4.1.2   Unit Sales
2.4.1.3   Market Size and Forecast
2.4.2   Energy Devices
2.4.2.1   Average Selling Price
2.4.2.2   Unit Sales
2.4.2.3   Market Size and Forecast
2.4.3   Hand Instruments
2.4.3.1   Average Selling Price
2.4.3.2   Unit Sales
2.4.3.3   Market Size and Forecast
2.4.4   Access Devices
2.4.4.1   Average Selling Price
2.4.4.2   Unit Sales
2.4.4.3   Market Size and Forecast
2.4.5   Closure Devices
2.4.5.1   Average Selling Price
2.4.5.2   Unit Sales
2.4.5.3   Market Size and Forecast
2.4.6   Insufflators
2.4.6.1   Average Selling Price
2.4.6.2   Unit Sales
2.4.6.3   Market Size and Forecast
2.4.7   Others
2.4.7.1   Market Size and Forecast
2.5   Robotic-Assisted Laparoscopy Devices
2.5.1   Robotic Systems
2.5.1.1   Average Selling Price
2.5.1.2   Unit Sales
2.5.1.3   Installed Volume
2.5.1.4   Market Size and Forecast
2.5.1.5   Return on Investment (ROI)
2.5.2   Instruments and Accessories
2.5.2.1   Market Size and Forecast
2.5.3   Services
2.5.3.1   Market Size and Forecast

3.1   Overview
3.2   Opportunity Assessment
3.3   General Surgery
3.3.1   Procedure Volume
3.3.2   Market Size and Forecast
3.4   Gynecological Surgery
3.4.1   Procedure Volume
3.4.2   Market Size and Forecast
3.5   Urological Surgery
3.5.1   Market Size and Forecast
3.6   Bariatric Surgery
3.6.1   Market Size and Forecast
3.7   Other Surgeries
3.7.1   Market Size and Forecast

4.1   Overview
4.2   Opportunity Assessment
4.3   Hospitals
4.4   Ambulatory Surgery Centers
4.5   Others

5.1   Competitive Landscape
5.1.1   Key Strategies and Developments
5.1.1.1   Regulatory and Legal Activities
5.1.1.2   Funding Activities
5.1.1.3   New Offerings
5.1.1.4   Mergers and Acquisitions
5.1.1.5   Partnerships, Collaborations, and Business Expansions
5.1.2   Key Development Analysis
5.2   Company Profiles
5.2.1   Applied Medical Resources Corporation
5.2.1.1   Company Overview
5.2.1.2   Role of Applied Medical Resources Corporation in the Canada Laparoscopy Devices Market
5.2.1.3   Product Portfolio
5.2.1.4   Analyst Perception
5.2.2   Arthrex, Inc.
5.2.2.1   Company Overview
5.2.2.2   Role of Arthrex, Inc. in the Canada Laparoscopy Devices Market
5.2.2.3   Product Portfolio
5.2.2.4   Analyst Perception
5.2.3   B. Braun SE
5.2.3.1   Company Overview
5.2.3.2   Role of B. Braun SE in the Canada Laparoscopy Devices Market
5.2.3.3   Product Portfolio
5.2.3.4   Financials
5.2.3.5   Recent Developments
5.2.3.6   Analyst Perception
5.2.4   Becton, Dickinson and Company
5.2.4.1   Company Overview
5.2.4.2   Role of Becton, Dickinson and Company in the Canada Laparoscopy Devices Market
5.2.4.3   Product Portfolio
5.2.4.4   Financials
5.2.4.5   Recent Developments
5.2.4.6   Analyst Perception
5.2.5   Boston Scientific Corporation
5.2.5.1   Company Overview
5.2.5.2   Role of Boston Scientific Corporation in the Canada Laparoscopy Devices Market
5.2.5.3   Product Portfolio
5.2.5.4   Financials
5.2.5.5   Analyst Perception
5.2.6   Cook Group
5.2.6.1   Company Overview
5.2.6.2   Role of Cook Group in the Canada Laparoscopy Devices Market
5.2.6.3   Product Portfolio
5.2.6.4   Analyst Perception
5.2.7   CONMED Corporation
5.2.7.1   Company Overview
5.2.7.2   Role of CONMED Corporation in the Canada Laparoscopy Devices Market
5.2.7.3   Product Portfolio
5.2.7.4   Financials
5.2.7.5   Recent Developments
5.2.7.6   Analyst Perception
5.2.8   EIZO Corporation
5.2.8.1   Company Overview
5.2.8.2   Role of EIZO Corporation in the Canada Laparoscopy Devices Market
5.2.8.3   Product Portfolio
5.2.8.4   Financials
5.2.8.5   Recent Developments
5.2.8.6   Analyst Perception
5.2.9   Intuitive Surgical, Inc.
5.2.9.1   Company Overview
5.2.9.2   Role of Intuitive Surgical, Inc. in the Canada Laparoscopy Devices Market
5.2.9.3   Product Portfolio
5.2.9.4   Financials
5.2.9.5   Recent Developments
5.2.9.6   Analyst Perception
5.2.10   Johnson & Johnson
5.2.10.1   Company Overview
5.2.10.2   Role of Johnson & Johnson in the Canada Laparoscopy Devices Market
5.2.10.3   Product Portfolio
5.2.10.4   Financials
5.2.10.5   Recent Developments
5.2.10.6   Analyst Perception
5.2.11   KARL STORZ SE & Co. KG
5.2.11.1   Company Overview
5.2.11.2   Role of KARL STORZ SE & Co. KG in the Canada Laparoscopy Devices Market
5.2.11.3   Product Portfolio
5.2.11.4   Analyst Perception
5.2.12   Medtronic plc
5.2.12.1   Company Overview
5.2.12.2   Role of Medtronic plc in the Canada Laparoscopy Devices Market
5.2.12.3   Product Portfolio
5.2.12.4   Financials
5.2.12.5   Recent Developments
5.2.12.6   Analyst Perception
5.2.13   Olympus Corporation
5.2.13.1   Company Overview
5.2.13.2   Role of Olympus Corporation in the Canada Laparoscopy Devices Market
5.2.13.3   Product Portfolio
5.2.13.4   Financials
5.2.13.5   Recent Developments
5.2.13.6   Analyst Perception
5.2.14   Smith & Nephew plc
5.2.14.1   Company Overview
5.2.14.2   Role of Smith & Nephew plc in the Canada Laparoscopy Devices Market
5.2.14.3   Product Portfolio
5.2.14.4   Financials
5.2.14.5   Analyst Perception
5.2.15   Stryker Corporation
5.2.15.1   Company Overview
5.2.15.2   Role of Stryker Corporation in the Canada Laparoscopy Devices Market
5.2.15.3   Product Portfolio
5.2.15.4   Financials
5.2.15.5   Recent Development
5.2.15.6   Analyst Perception
5.2.16   Teleflex Incorporated
5.2.16.1   Company Overview
5.2.16.2   Role of Teleflex Incorporated in the Canada Laparoscopy Devices Market
5.2.16.3   Product Portfolio
5.2.16.4   Financials
5.2.16.5   Recent Development
5.2.16.6   Analyst Perception

Table 1:   Key Questioned Answered in the Report
Table 2:   Parameters for Realistic, Optimistic, and Realistic Growth Scenarios
Table 3:   Comparative Analysis of Conventional Surgery and Robotic-Assisted Surgery
Table 4:   Canada Laparoscopy Devices Market, Awaited Technologies
Table 5:   Role of Key Entities of the Canada Laparoscopy Devices Market in the Supply Chain
Table 6:   Canada Laparoscopy Devices Market, Key Barriers to Entry and Possible Solutions
Table 7:   Canada Laparoscopy Devices Market Opportunities (Future Impact)
Table 8:   Canada Laparoscopy Devices Market Dynamics, Impact Analysis
Table 9:   Canada Laparoscopy Devices Market (Laparoscopes), Average Selling Price
Table 10:   Canada Laparoscopy Devices Market (by Energy Devices), Average Selling Price
Table 11:   Canada Laparoscopy Devices Market (by Hand Instruments), Average Selling Price
Table 12:   Canada Laparoscopy Devices Market (by Access Devices), Average Selling Price
Table 13:   Canada Laparoscopy Devices Market (by Closure Devices), Average Selling Price
Table 14:   Canada Laparoscopy Devices Market (by Insufflators), Average Selling Price
Table 15:   Canada Laparoscopy Devices Market (by Robotic Systems), Average Selling Price
Table 16:   Robotic Assisted Surgery, Total Per Patient Cost
Table 17:   Robotic Assisted Surgery, Operating Expenses (Hospital)
Table 18:   Robotic Assisted Surgery, Revenue Generated
Table 19:   Net Profit and Return on Investment (ROI)
Table 20:   Canada Laparoscopy Devices Market, Key Development Analysis, January 2012 – August 2022
Table 21:   Applied Medical Resources Corporation: Key Products and Features
Table 22:   Arthrex, Inc.: Key Products and Features
Table 23:   B. Braun SE: Key Products and Features
Table 24:   Becton, Dickinson and Company: Key Products and Features
Table 25:   Boston Scientific Corporation: Key Products and Features
Table 26:   Cook Group: Key Products and Features
Table 27:   CONMED Corporation: Key Products and Features
Table 28:   EIZO Corporation: Key Products and Features
Table 29:   Intuitive Surgical, Inc.: Key Products and Features
Table 30:   Johnson & Johnson: Key Products and Features
Table 31:   KARL STORZ SE & Co. KG: Key Products and Features
Table 32:   Medtronic plc: Key Products and Features
Table 33:   Olympus Corporation: Key Products and Features
Table 34:   Smith & Nephew plc: Key Products and Features
Table 35:   Stryker Corporation: Key Products and Features
Table 36:   Teleflex Incorporated: Key Products and Features

Figure 1:   Canada Laparoscopy Devices Market, $Million, 2020-2031
Figure 2:   Canada Laparoscopy Devices Market (by Product), $Million, 2020-2031
Figure 3:   Canada Laparoscopy Devices Market: Drivers and Restraints
Figure 4:   Canada Laparoscopy Devices Market, Impact Analysis
Figure 5:   Canada Laparoscopy Devices Market, Share of Key Developments and Strategies (by Category), January 2018-June 2022
Figure 6:   Canada Laparoscopy Devices Market Segmentation
Figure 7:   Canada Laparoscopy Devices Market: Research Methodology
Figure 8:   Primary Research
Figure 9:   Secondary Research
Figure 10:   Data Triangulation
Figure 11:   Canada Laparoscopy Devices Market Research Process
Figure 12:   Assumptions and Limitations
Figure 13:   Canada Laparoscopy Devices Market Size and Growth Potential (Realistic Scenario), $Million, 2020-2031
Figure 14:   Canada Laparoscopy Devices Market Size and Growth Potential (Optimistic Scenario), $Million, 2020-2031
Figure 15:   Canada Laparoscopy Devices Market Size and Growth Potential (Pessimistic Scenario), $Million, 2020-2031
Figure 16:   Challenges Associated with Open Surgery, Laparoscopy, and Robotic-Assisted Procedure
Figure 17:   Canada Laparoscopy Devices Market, Patent Analysis, by Year (January 2010-August 2022)
Figure 18:   Canada Laparoscopy Devices Market, Supply Chain Analysis
Figure 19:   Advantages of 3D HD Laparoscopy
Figure 20:   Canada Laparoscopy Devices Market (by Conventional Laparoscopy Devices), Product Benchmarking
Figure 21:   Canada Laparoscopy Devices Market (by Robotic-Assisted Laparoscopy Devices), Product Benchmarking
Figure 22:   Canada Laparoscopy Devices Market, Pre-COVID-19 Phase, $Million, 2018-2031 (Without COVID-19 Impact)
Figure 23:   Global and North America Market Growth Scenario Comparative Analysis (Pre-COVID-19 Vs. During COVID-19)
Figure 24:   Pre-COVID-19 Canada Laparoscopy Procedure Volume, 2015-2018
Figure 25:   Canada Laparoscopy Devices Market, During COVID-19 Phase, $Million, 2018-2031
Figure 26:   During COVID-19 Impact Trends and Scenarios (by Region), 2019-2021
Figure 27:   Focus Areas of Laparoscopic Manufacturers during the COVID-19 Pandemic
Figure 28:   During COVID-19 Canada Laparoscopy Procedure Volume, 2018-2020
Figure 29:   Number of Elective Surgical Procedures Canceled due to COVID?19 (by Region)
Figure 30:   Laparoscopic Procedures, Canada, 2010-2021
Figure 31:   Comparison: Robotic Prostatectomy Vs. Open Prostatectomy
Figure 32:   Regulatory Timeline, Canada, 2001-2021
Figure 33:   Canada Geriatric Population, 1977-2037
Figure 34:   Bariatric Surgeries in Canada, 2006-2018
Figure 35:   Waiting Time for Specialist Consultation, 1993, 2020, and 2021
Figure 36:   Waiting Time for Specialist-to-Treatment, 1993, 2020, and 2021
Figure 37:   Waiting Time for Laparoscopic Gynecologic Procedures, by Provinces
Figure 38:   Cost of Robotic-Assisted Surgery Systems
Figure 39:   Canada Laparoscopy Devices Market (by Product)
Figure 40:   Canada Laparoscopy Devices Market, Opportunity Assessment (by Product), 2021-2031
Figure 41:   Canada Laparoscopy Devices Market, Growth-Share Matrix (by Product), 2021-2031
Figure 42:   Canada Laparoscopy Devices Market (Conventional Laparoscopy Devices), $Million, 2020-2031
Figure 43:   Canada Laparoscopy Devices Market (Laparoscopes), Thousand Units, 2020-2031
Figure 44:   Canada Laparoscopy Devices Market (Laparoscopes), $Million, 2020-2031
Figure 45:   Canada Laparoscopy Devices Market (Energy Devices), Thousand Units, 2020-2031
Figure 46:   Canada Laparoscopy Devices Market (Energy Devices), $Million, 2020-2031
Figure 47:   Canada Laparoscopy Devices Market (Hand Instruments), Thousand Units, 2020-2031
Figure 48:   Canada Laparoscopy Devices Market (Hand Instruments), $Million, 2020-2031
Figure 49:   Canada Laparoscopy Devices Market (by Hand Instruments), $Million, 2020-2031
Figure 50:   Canada Laparoscopy Devices Market (Access Devices), Thousand Units, 2020-2031
Figure 51:   Canada Laparoscopy Devices Market (Access Devices), $Million, 2020-2031
Figure 52:   Canada Laparoscopy Devices Market (by Access Devices), $Million, 2020-2031
Figure 53:   Canada Laparoscopy Devices Market (Closure Devices), Thousand Units, 2020-2031
Figure 54:   Canada Laparoscopy Devices Market (Closure Devices), $Million, 2020-2031
Figure 55:   Canada Laparoscopy Devices Market (Insufflators), Thousand Units, 2020-2031
Figure 56:   Canada Laparoscopy Devices Market (Insufflators), $Million, 2020-2031
Figure 57:   Canada Laparoscopy Devices Market (Others), $Million, 2020-2031
Figure 58:   Canada Laparoscopy Devices Market (Robotic-Assisted Laparoscopy Devices), $Million, 2020-2031
Figure 59:   Canada Laparoscopy Devices Market (Robotic Systems), Thousand Units, 2020-2031
Figure 60:   Canada Laparoscopy Devices Market (Robotic Systems), Installed Volume, 2020-2031
Figure 61:   Canada Laparoscopy Devices Market (Robotic Systems), $Million, 2020-2031
Figure 62:   Canada Laparoscopy Devices Market (Instruments and Accessories), $Million, 2020-2031
Figure 63:   Canada Laparoscopy Devices Market (Services), $Million, 2020-2031
Figure 64:   Canada Laparoscopy Devices Market (by Application)
Figure 65:   Canada Laparoscopy Devices Market, Opportunity Assessment (by Application), 2021-2031
Figure 66:   Procedure Volume, Laparoscopic Appendectomy, 2010-2018
Figure 67:   Procedure Volume, Laparoscopic Cholecystectomy, 2010-2018
Figure 68:   Canada Laparoscopy Devices Market (General Surgery), $Million, 2020-2031
Figure 69:   Procedure Volume, Laparoscopic Hysterectomy, 2010-2018
Figure 70:   Canada Laparoscopy Devices Market (Gynecological Surgery), $Million, 2020-2031
Figure 71:   Canada Laparoscopy Devices Market (Urological Surgery), $Million, 2020-2031
Figure 72:   Canada Laparoscopy Devices Market (Bariatric Surgery), $Million, 2020-2031
Figure 73:   Canada Laparoscopy Devices Market (Other Surgeries), $Million, 2020-2031
Figure 74:   Canada Laparoscopy Devices Market (by End User)
Figure 75:   Canada Laparoscopy Devices Market Incremental Opportunity (by End User), $Million, 2021-2031
Figure 76:   Canada Laparoscopy Devices Market (Hospitals), $Million, 2020-2031
Figure 77:   Canada Laparoscopy Devices Market (Ambulatory Surgery Centers), $Million, 2020-2031
Figure 78:   Canada Laparoscopy Devices Market (Others), $Million, 2020-2031
Figure 79:   Canada Laparoscopy Devices Market, Total Number of Key Developments. January 2012-August 2022
Figure 80:   Regulatory and Legal Activities, January 2012-August 2022
Figure 81:   Funding Activities, January 2012-August 2022
Figure 82:   New Offerings, January 2012-August 2022
Figure 83:   Mergers and Acquisitions, January 2012-August 2022
Figure 84:   Partnerships, Alliances, and Business Expansion Activities, January 2012-August 2022
Figure 85:   Applied Medical Resources Corporation: Product Portfolio
Figure 86:   Arthrex, Inc.: Overall Product Portfolio
Figure 87:   B. Braun SE: Overall Product Portfolio
Figure 88:   B. Braun SE: Overall Financials, $Million, 2019-2021
Figure 89:   B. Braun SE: Revenue (by Segment), $Million, 2020-2021
Figure 90:   B. Braun SE: Revenue (by Region), $Million, 2019-2021
Figure 91:   B. Braun SE: R&D Expense, $Million, 2019-2021
Figure 92:   Becton, Dickinson and Company: Overall Product Portfolio
Figure 93:   Becton, Dickinson and Company: Overall Financials, $Million, 2019-2021
Figure 94:   Becton, Dickinson and Company: Revenue (by Segment), $Million, 2019-2021
Figure 95:   Becton, Dickinson and Company: Revenue (by Region), $Million, 2019-2021
Figure 96:   Becton, Dickinson and Company: R&D Expense, $Million, 2019-2021
Figure 97:   Boston Scientific Corporation: Overall Product Portfolio
Figure 98:   Boston Scientific Corporation: Overall Financials, $Million, 2019-2021
Figure 99:   Boston Scientific Corporation: Revenue (by Segment), $Million, 2019-2021
Figure 100:   Boston Scientific Corporation: Subsegment Revenue (MedSurg), $Million 2019-2021
Figure 101:   Boston Scientific Corporation: R&D Expense, $Million, 2019-2021
Figure 102:   Cook Group: Overall Product Portfolio
Figure 103:   CONMED Corporation: Overall Product Portfolio
Figure 104:   CONMED Corporation: Overall Financials, $Million, 2019-2021
Figure 105:   CONMED Corporation: Revenue (by Segment), $Million, 2019-2021
Figure 106:   CONMED Corporation: Revenue (by Region), $Million 2019-2021
Figure 107:   CONMED Corporation: R&D Expense, $Million, 2019-2021
Figure 108:   EIZO Corporation: Overall Product Portfolio
Figure 109:   EIZO Corporation: Overall Financials, $Million, 2019-2021
Figure 110:   EIZO Corporation: Revenue (by Segment), $Million, 2019-2021
Figure 111:   EIZO Corporation: Revenue (by Region), $Million 2019-2021
Figure 112:   EIZO Corporation: R&D Expense, $Million, 2019-2021
Figure 113:   Intuitive Surgical, Inc.: Overall Product Portfolio
Figure 114:   Intuitive Surgical, Inc.: Overall Financials, $Million, 2019-2021
Figure 115:   Intuitive Surgical, Inc.: Revenue (by Segment), $Million, 2019-2021
Figure 116:   Intuitive Surgical, Inc.: Revenue (by Region), $Million 2019-2021
Figure 117:   Intuitive Surgical, Inc.: R&D Expense, $Million, 2019-2021
Figure 118:   Johnson & Johnson: Overall Product Portfolio
Figure 119:   Johnson & Johnson: Overall Financials, $Million, 2019-2021
Figure 120:   Johnson & Johnson: Revenue (by Segment), $Million, 2019-2021
Figure 121:   Johnson & Johnson: Revenue (by Region), $Million 2019-2021
Figure 122:   Johnson & Johnson: R&D Expense, $Million, 2019-2021
Figure 123:   KARL STORZ SE & Co. KG: Overall Product Portfolio
Figure 124:   Medtronic plc: Overall Product Portfolio
Figure 125:   Medtronic plc: Overall Financials, $Million, 2020-2022
Figure 126:   Medtronic plc: Revenue (by Segment), $Million, 2020-2022
Figure 127:   Medtronic plc: Revenue (by Region), $Million, 2020-2022
Figure 128:   Medtronic plc: R&D Expense, $Million, 2020-2022
Figure 129:   Olympus Corporation: Overall Product Portfolio
Figure 130:   Olympus Corporation: Overall Financials, $Million, 2020-2022
Figure 131:   Olympus Corporation: Revenue (by Segment), $Million, 2021-2022
Figure 132:   Olympus Corporation: Revenue (by Segment), $Million, 2020
Figure 133:   Olympus Corporation: Revenue (by Region), $Million 2020-2022
Figure 134:   Olympus Corporation: R&D Expense, $Million, 2020-2022
Figure 135:   Smith & Nephew plc: Overall Product Portfolio
Figure 136:   Smith & Nephew plc: Overall Financials, $Million, 2019-2021
Figure 137:   Smith & Nephew plc: Revenue (by Segment), $Million, 2019-2021
Figure 138:   Smith & Nephew plc: Revenue (by Region), $Million 2019-2021
Figure 139:   Smith & Nephew plc: R&D Expense, $Million, 2019-2021
Figure 140:   Stryker Corporation: Overall Product Portfolio
Figure 141:   Stryker Corporation: Overall Financials, $Million, 2019-2021
Figure 142:   Stryker Corporation: Revenue (by Segment), $Million, 2019-2021
Figure 143:   Stryker Corporation: Subsegment Revenues (MedSurg and Neurotechnology), $Million 2019-2021
Figure 144:   Stryker Corporation: Revenue (by Region), $Million 2019-2021
Figure 145:   Stryker Corporation: R&D Expense, $Million, 2019-2021
Figure 146:   Teleflex Incorporated: Overall Product Portfolio
Figure 147:   Teleflex Incorporated: Overall Financials, $Million, 2019-2021
Figure 148:   Teleflex Incorporated: Revenue (by Segment), $Million, 2019-2021
Figure 149:   Teleflex Incorporated: Revenue (by Region), $Million 2019-2021
Figure 150:   Teleflex Incorporated: R&D Expense, $Million, 2019-2021

Market Report Coverage

Canada Laparoscopy Devices Market
Base Year	2021	Market Size in 2021	$392.1 Million
Forecast Period	2022-2031	Value Projection and Estimation by 2031	$865.6 Million
CAGR During Forecast Period	7.31%	Number of Tables	36
Number of Pages	195	Number of Figures	150

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Some of the players in this market are:

•   Applied Medical Resources Corporation
•   Arthrex, Inc.
•   B. Braun SE
•   Becton, Dickinson and Company
•   Boston Scientific Corporation
•   Cook Group
•   CONMED Corporation
•   EIZO Corporation
•   Intuitive Surgical, Inc.
•   Johnson & Johnson
•   KARL STORZ SE & Co. KG
•   Medtronic plc
•   Olympus Corporation
•   Smith & Nephew plc
•   Stryker Corporation
•   Teleflex Incorporated

How can this report add value to an organization?

Type: The type segment helps the reader understand the different types of laparoscopy products available in the market. Moreover, the study provides the reader with a detailed understanding of products that fall under the two main segments, i.e., conventional laparoscopy devices and robotic assisted laparoscopy devices.

Growth/Marketing Strategy: The Canada laparoscopy devices market has witnessed major development by key players operating in the market, such as product launches, business expansions, partnerships, collaborations, and regulatory and legal approvals. The favored strategy for the companies has been regulatory and legal activities and new offerings to strengthen their position in the market. For instance, in June 2022, Ethicon, Inc., a subsidiary of Johnson & Johnson, launched the next-gen Echelon 3000 stapler, a closure device for surgical procedures, and in December 2021, Medtronic plc received a Health Canada license for its Hugo RAS system for the expansion of robotic-assisted surgery.

Competitive Strategy: The key players in the Canada laparoscopy devices market analyzed and profiled in the study involve established and emerging players that offer different products for laparoscopic procedures. Moreover, a detailed competitive benchmarking of the players operating in the Canada laparoscopy devices market has been done to help the reader understand the ways in which players stack against each other, presenting a clear market landscape. Moreover, comprehensive competitive strategies such as partnerships, agreements, collaborations, mergers, and acquisitions will help the reader understand the untapped revenue pockets in the market.

Industry and Technology Overview

Canada Laparoscopy Devices Market Industry Overview

The Canada laparoscopy devices market was valued at $392.1 million in 2021 and is anticipated to reach $865.6 million by 2031, witnessing a CAGR of 7.31% during the forecast period 2022-2031. The market is driven by factors such as the rising preference for minimally invasive surgeries, growing geriatric population, rising bariatric population, and rising approval for robotic surgical systems.

Market Lifecycle Stage

The Canada laparoscopy devices market is in the developed phase. The rising preference for laparoscopic surgeries over open surgeries is leading to increased demand for laparoscopy devices such as laparoscopes, energy devices, access and closure devices, and the integration of industry with robotics and AI are some of the major opportunities in the Canada laparoscopy devices market. Furthermore, some of the current key trends in the market are the shift from conventional surgeries to robot-assisted surgery, development and adoption of disposable laparoscopy devices, rising demand for minimally invasive procedures, and increasing number of product launches among market players.

Figure: Canada Laparoscopy Devices Market, Market Size and Forecast, 2020, 2021, and 2031

Impact of COVID-19

The COVID-19 pandemic has impacted practically all sectors and social functions worldwide, including the Canada laparoscopy devices market. COVID-19 led to a decline in the Canada laparoscopy devices market, as elective and surgical procedures were stopped during the lockdown.

Overall, the supply side was negatively impacted, especially during the peak of the COVID-19 pandemic. The significantly high number of laparoscopic procedures resumed after the restrictions were lifted, which offset the negative impact and led to the growth of the market in 2021.

In addition to this, the COVID-19 pandemic also helped in the adoption of disposable laparoscopy devices. Single-use laparoscopy devices eliminate the risk of cross-contamination, which turned out to be a favorable condition for their adoption during the COVID-19 pandemic.

Market Segmentation:

Segmentation 1: by Product
•   Conventional Laparoscopy Devices
o   Laparoscopes
o   Energy Devices
o   Hand Instruments
o   Access Devices
o   Closure Devices
o   Insufflators
o   Others
•   Robotic-Assisted Laparoscopy Devices
o   Robotic Systems
o   Instruments and Accessories
o   Services

The conventional laparoscopy devices segment holds the larger share in the Canada laparoscopy devices market at $350.6 million compared to the robotic-assisted laparoscopy devices segment which is valued at $41.5 million in the year 2021.

Segmentation 2: by Application
•   General Surgery
•   Gynecological Surgery
•   Urological Surgery
•   Bariatric Surgery
•   Other Surgeries

The general surgery segment holds the maximum share in the Canada laparoscopy devices market, and the urological surgery segment is anticipated to be the fastest growing segment in the market during the forecast period 2022-2031.

Segmentation 3: by End User
•   Hospitals
•   Ambulatory Surgery Centers
•   Others

Hospitals account for the major share of the Canada laparoscopy devices market. The growth in the hospital segment is primarily driven by the uptake of laparoscopic procedures by private hospitals.

Recent Developments in the Canada Laparoscopy Devices Market

•   In June 2022, Ethicon, Inc., a subsidiary of Johnson & Johnson, launched the next-gen Echelon 3000 stapler, a closure device for surgical procedures.
•   In April 2022, Ethicon, Inc., a subsidiary of Johnson & Johnson, launched Enseal X1 Straight Jaw Tissue Sealer, a closure device for stronger sealing in several surgical procedures.
•   In December 2021, Medtronic plc received a Health Canada license for its Hugo RAS system for the expansion of robotic-assisted surgery.
•   In December 2021, Intuitive Surgical Inc. received approval from the U.S. FDA for its 8 mm SureForm 30 curved-tip stapler (closure device).
•   In July 2019, Intuitive Surgical, Inc. acquired the robotic endoscope business of Schölly Fiberoptic. Through this acquisition, the company gained access to Schölly’s robotic endoscope manufacturing line.

Demand – Drivers and Limitations

Following are the drivers for the Canada laparoscopy devices market:

•   Rising Preference for Minimally Invasive Procedures
•   Rising Regulatory Approvals for Robotic Systems
•   Growing Geriatric Population
•   Rising Bariatric Surgeries

The market is expected to face some limitations as well due to the following challenges:

• Long Waiting Time for Laparoscopic Procedures
• High Cost of Robotic-Assisted Surgery Systems

Analyst’s Thoughts

To emphasize the potential of the Canada laparoscopy devices market, Swati Sood, Principal Analyst - BIS Research, states, “The Canada laparoscopy devices market is well-established and is expected to witness significant growth over the forecast period. Currently, the conventional laparoscopy devices segment holds a greater share in the Canada laparoscopy devices market, and the trend is anticipated to continue in the forecast period. Furthermore, the robotic assisted laparoscopy devices segment is anticipated to witness the fastest growth in the market owing to the several advantages of advanced robotic systems and the rising regulatory approvals for robotic systems in the country. Moreover, the diversification of product portfolio by incorporating technologically advanced laparoscopic instruments will create ample opportunities for the market growth.”

Canada Laparoscopy Devices Market

Focus on Product, Application, and End User - Analysis and Forecast, 2022-2031

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Some Faq's

Frequently Asked Questions

According to BIS Research, laparoscopy devices include various devices such as laparoscopes, energy devices, hand instruments, access devices, closure devices, insufflators, and other instruments and accessories that are used during a laparoscopic procedure.

The key trends in the Canada laparoscopy devices market include the rising market players in the Canada robotic assisted laparoscopy market and the growing focus on infection control in medical facilities during a procedure.

The Canada laparoscopy devices market has witnessed major developments by key players operating in the market, such as business expansions, partnerships, collaborations, regulatory and legal activities, funding activities, product launches, and acquisitions and mergers. According to BIS Research analysis, most of the companies preferred regulatory and legal activities and new offerings as a strategy to further increase their growth in the Canada laparoscopy devices market. Companies such as Medtronic plc, Intuitive Surgical, Inc, Asensus Surgical Inc., and Olympus Corporation have majorly adopted regulatory and legal activities and new offerings.

A new entrant can focus on developing articulated laparoscopic instruments, robotic-assisted laparoscopy products, and disposable laparoscopy products.

The following can be considered some of the USPs of the report:

· Impact of COVID-19 on the Canada laparoscopy devices market, including the detailed analysis of pre-COVID and during COVID scenario along with the future impact of COVID-19 pandemic on the market

· Extensive product benchmarking of the top players (including established and emerging players) to offer a holistic view of the Canada laparoscopy devices market product landscape

· Comparative analysis (open surgery vs. laparoscopic surgery vs. robot-assisted surgery)

· Unit sales of each conventional and robotic assisted laparoscopy devices

· Market share analysis based on product portfolios, recent developments, and regional spread of the key players

· Investment landscape, including patent analysis

The companies developing, manufacturing, and commercializing products for laparoscopy devices in Canada should buy this report.

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A quick peek into the report

Table of Contents

Market Report Coverage

How can this report add value to an organization?

Industry and Technology Overview

$5250

Canada Laparoscopy Devices Market

Frequently Asked Questions

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Canada Laparoscopy Devices Market

A quick peek into the report

Table of Contents

1 Market

2 Canada Laparoscopy Devices Market (by Product)

3 Canada Laparoscopy Devices Market (by Application)

4 Canada Laparoscopy Devices Market (by End User)

5 Markets - Competitive Benchmarking and Company Profiles

List of Tables

List of Figures

Market Report Coverage

How can this report add value to an organization?

Industry and Technology Overview

$5250

Canada Laparoscopy Devices Market

Frequently Asked Questions

Q: What are laparoscopy devices?

Q: What are the key trends in the Canada laparoscopy devices market?

Q: What kinds of new strategies are being adopted by the existing market players to strengthen their market position in the industry?

Q: For a new company looking to enter the Canada laparoscopy market, which areas could it focus upon to stay ahead of the competition?

Q: What is the USP of this report?

Q: Who should buy this report?

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