Originally published by Technavio. The global laparoscopic devices market is projected to expand by USD 4,396.16 million at a CAGR of 8.11% from 2022 to 2027, driven by the increasing preference for minimally invasive procedures which offer reduced post-operative complications and shorter hospital stays, with common treatments including hysterectomy, fibroid removal, adhesion, and ovarian cyst removal, fostering market growth.
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This shift towards minimally invasive procedures is supported by rising awareness among healthcare providers, leading manufacturers to introduce innovative laparoscopic instruments and accessories, thereby propelling market expansion during the forecast period.
Technavio's analysis segments the market by product, end-user, and geography, providing insights into drivers, trends, and challenges while examining historic data from 2017 to 2021 and current market scenarios.
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