Global Laparoscopic Power Morcellators Market, By Application (Hysterectomy, Myomectomy and Others), End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centres and Others)- Industry Trends and Forecast to 2030.
Global Laparoscopic Power Morcellators Market
The global laparoscopic power morcellators market was valued at USD 103.2 million in 2022 which expected to reach USD 162.5 million by 2030, at a CAGR 5.26% from 2023-2030.
A minimally invasive surgical method called laparoscopy makes small incisions into the abdominal wall to inspect the organs and diagnose diseases and abnormalities. In other terms, a laparoscopy is a procedure carried out with the help of a camera through a series of small incisions.
Laparoscopic power morcellators are hence class-II medical equipment that are utilised during the laparoscopic surgery to chop tissue into smaller pieces so the tissue can be removed through a small incision site.
Market Drivers
The main drivers anticipated to drive the market are the rising inclination for minimally invasive gynaecological operations, the prevalence of uterine fibroids among women around the world, and technical developments in surgical devices. Power morcellators are less invasive tools used to break tissues into smaller pieces during treatments like hysterectomy and fibroid removal.
Uterine fibroids are becoming more common in women around the world, and they can cause abnormal uterine flow, amenorrhea, dysmenorrhea (painful and heavy periods), and pelvic or abdominal discomfort. Not all women with uterine fibroids are thought to experience symptoms; in fact, between 50 and 75 percent of cases are thought to be asymptomatic and frequently go misdiagnosed. As a result, uterine fibroids are thought to be present in approximately 77% of women of reproductive age. Over 30,000 myomectomies for leiomyomata are carried out in the United States each year, according to an NCBI study report (fibroids). Almost 30% of women between the ages of 40 and 60 may have uterine fibroids, which are more common as women become older.
The U.S. National Institutes of Health also report that an estimated 793,846 women received uterine cancer diagnoses in 2017. The annual incidence of new uterine cancer cases was 27.8 per 100,000 females. This encourages the development of treatments for uterine fibroid.
As a result, the demand for myomectomy and hysterectomy procedures is rising globally due to the prevalence of uterine fibroids, which would accelerate the expansion of the laparoscopic power morcellators market throughout the forecast period.
Market Restraints
The market growth rate for laparoscopic power morcellators will also be slowed down by the increasing frequency of product recalls and failures. Moreover, strict government regulations and a lack of knowledge regarding minimally invasive surgical techniques in developing nations will present obstacles for the laparoscopic power morcellators industry. Also, the laparoscopic power morcellators market growth rate would be hampered by unfavourable reimbursement rules and a shortage of highly qualified medical personnel in developing nations.
Market Segmentation
The laparoscopic power morcellators market is segmented into by application such as Hysterectomy, Myomectomy, and Others. Further, market is segmented into end user such as Hospitals, Specialty Clinics, Ambulatory Surgical Centres and Others.
Regional Analysis
The global laparoscopic power morcellators market is divided into five regions based on regional analysis: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The laparoscopic power morcellators market was headed by North America in 2022, which also had the biggest revenue share. The demand for laparoscopic power morcellators is expected to rise in the region over the course of the forecast period as a result of factors like rising gynaecological surgical procedures and hospital visits, the presence of well-established healthcare facilities, and growing government initiatives.
Also, the availability of cutting-edge goods and the presence of significant key players are fostering the expansion of the laparoscopic power morcellators market in the area.
Key Players
Mediflex Surgical Products, Olympus Corporation, Stryker, GRENA LTD, Timesco Healthcare Ltd., Péters Surgical, Ackermann Instrumente GmbH, Maxer Endoscopy GmbH, Microline Surgical, B. Braun Melsungen AG, Cook, Medtronic, etc. are some of the major players operating in the global laparoscopic power morcellators market report.
Market Taxonomy
By Application
• Hysterectomy
• Myomectomy
• Others
By End User
• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centres
• Others
By Region
• North America (U.S. Canada, Mexico)
• Latin America (Brazil, Rest of Latin America)
• Europe (Germany, UK, Italy, France, Rest of Europe
• Asia Pacific (China, India, Japan, Rest of Asia Pacific)
• Middle East & Africa (Saudi Arabia, Kuwait, UAE, Egypt, South Africa)
Global Laparoscopic Power Morcellators Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Laparoscopic Power Morcellators Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Laparoscopic Power Morcellators Market, By Application
5.1 Y-o-Y Growth Comparison, By Application
5.2 Global Laparoscopic Power Morcellators Market Share Analysis, By Application
5.3 Global Laparoscopic Power Morcellators Market Size and Forecast, By Application
5.3.1 Hysterectomy
5.3.2. Myomectomy
5.3.3. Others
6 Global Laparoscopic Power Morcellators Market, By End User
6.1 Y-o-Y Growth Comparison, By End User
6.2 Global Laparoscopic Power Morcellators Market Share Analysis, By End User
6.3 Global Laparoscopic Power Morcellators Market Size and Forecast, By End User
6.3.1 Hospitals
6.3.2 Specialty Clinics
6.3.3. Ambulatory Surgical Centres
6.3.4. Others
7 Global Laparoscopic Power Morcellators Market, By Region
7.1 Global Laparoscopic Power Morcellators Market Share Analysis, By Region
7.2 Global Laparoscopic Power Morcellators Market Size and Forecast, By Region
8 North America Laparoscopic Power Morcellators Market Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Laparoscopic Power Morcellators Market Share Analysis, By Application
8.3 North America Laparoscopic Power Morcellators Market Size and Forecast, By End User
8.4 North America Laparoscopic Power Morcellators Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Laparoscopic Power Morcellators Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Laparoscopic Power Morcellators Market Share Analysis, By Application
9.3 Europe Laparoscopic Power Morcellators Market Size and Forecast, By End User
9.4 Europe Laparoscopic Power Morcellators Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Laparoscopic Power Morcellators Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia Pacific Laparoscopic Power Morcellators Market Share Analysis, By Application
10.3 Asia Pacific Laparoscopic Power Morcellators Market Size and Forecast, By End User
10.4 Asia Pacific Laparoscopic Power Morcellators Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia
11 Latin America Laparoscopic Power Morcellators Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Laparoscopic Power Morcellators Market Share Analysis, By Application
11.3 Latin America Laparoscopic Power Morcellators Market Size and Forecast, By End User
11.4 Latin America Laparoscopic Power Morcellators Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2 Rest of Latin America
12 Middle East Laparoscopic Power Morcellators Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Laparoscopic Power Morcellators Market Share Analysis, By Application
12.3 Middle East Laparoscopic Power Morcellators Market Size and Forecast, By End User
12.4 Middle East Laparoscopic Power Morcellators Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.2 UAE
12.4.3 Egypt
15.4.4 Kuwait
12.4.5 South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Mediflex Surgical Products
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Olympus Corporation
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Stryker
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 GRENA LTD
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Timesco Healthcare Ltd
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Péters Surgical
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Ackermann Instrumente GmbH
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Maxer Endoscopy GmbH
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Microline Surgical
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 B. Braun Melsungen AG
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
14.11 Cook
14.11.1 Overview
14.11.2 Offerings
14.11.3 Key Financials
14.11.4 Business Segment & Geographic Overview
14.11.5 Key Market Developments
14.11.6 Key Strategies
14.12 Medtronic
14.12.1 Overview
14.12.2 Offerings
14.12.3 Key Financials
14.12.4 Business Segment & Geographic Overview
14.12.5 Key Market Developments
14.12.6 Key Strategies
