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Global Laparoscopy Devices Market is Expected to Reach USD 13,152.9 Million in 2018: Transparency Market Research
Date:9/12/2012

ALBANY, New York, September 12, 2012 /PRNewswire/ --

According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com), "Laparoscopy Devices Market By Products, Application, Technology and Geography - Global Industry Analysis, Size, Share and Forecast 2012 - 2018", the global laparoscopy devices market was worth USD 6,968.0 million in 2011 and is expected to reach USD 13,152.9 million in 2018. Globally, the North America holds the highest market share and is expected to retain its lead position in terms of revenue till 2018. The laparoscopy devices market is driven by factors such as increasing availability of skilled surgeons, growing demand for minimally invasive surgeries and increasing acceptance of laparoscopic procedures. Pediatric laparoscopy and technological advancements in the laparoscopy devices market is expected to provide future opportunities for the market.

Browse the full report at http://www.transparencymarketresearch.com/laparoscopic-devices-market.html 

Direct energy devices dominate the laparoscopy products market due to easy-to-operate features supported by rapid technological advancements. The direct energy laparoscopy devices market was valued at USD 2,154.6 million in 2011 and is expected to reach an estimated value of USD 4,744.2 million by 2018. The Laparoscopic Adjustable Gastric Banding (LAGB) devices market exhibits the next most promising growth, accounting for a CAGR of 10.4% from 2012 to 2018.

The North America laparoscopy devices market accounted for the majority of the market share at 36% in 2011 primarily due to the
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SOURCE Transparency Market Research
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