Cholecystectomy Devices Market Size Worth $ 85.37 Million By 2032 | CAGR: 6.8%

The global cholecystectomy devices market size is expected to reach USD 85.37 million by 2032, according to a new study by Polaris Market Research. The report “Cholecystectomy Devices Market Share, Size, Trends, Industry Analysis Report, By Device (Conventional Cholecystectomy Devices and Robotic-Assigned Cholecystectomy Surgery Devices); By Surgery Type; By Indication; By End-Use; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The widespread availability of advanced devices that offer several advantages over traditional instruments, including improved safety, reduced post-operative pain, ad shorter procedure times, along with a surging number of mergers and acquisitions by key market players, are driving the market growth worldwide. Additionally, many players are heavily investing in R&D to introduce cutting-edge products and new product innovations to meet the rising demand from the healthcare industry, which will further create huge growth opportunities for the market.

For instance, in September 2022, Olympus Corporation unveiled their new VIESRA ELITE III, a new surgical visualization platform addressing the needs of healthcare professionals. It offers several imaging functions supported in a single system, enabling minimally invasive therapies.

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 The development of several types of advanced laparoscopic instruments and devices with improved features such as better visualization, increased precision, and greater safety has emerged as a key trend in the market. Apart from this, with the advancements in technology and techniques, more cholecystectomies are being performed on an outpatient basis, which has led to the development of devices specifically designed for outpatient procedures.

In the last few years, robotic-assisted surgery has been a drastically rising field, and the use of robotics in cholecystectomy procedures is gaining momentum as it provides numerous benefits such as increased precision, faster recovery times, and many others, which fuels its adoption among a large number of surgeons globally.

Cholecystectomy Devices Market Report Highlights

• Conventional cholecystectomy segment accounted for largest market share, on account of rising demand for laparoscopes, closure devices, energy systems, and irrigation devices
• Laparoscopic cholecystectomy segment held the majority market share in 2022, mainly due to its several benefits including less blood loss and shorter period of hospital stay
• Choledocholithiasis segment is expected to grow at a significant CAGR during the forecast period, due to growing number of patients suffering with the diseases as a result of changing people lifestyles and eating habits
• Hospitals segment led the industry market with significant share in 2022, which is mainly driven by the availability of wide range of treatment options and ability to manage several types of crisis.
• North America region dominated the global market with largest share in 2022, owing to increased healthcare spending and adoption of improved healthcare devices and facilities in the region
• The global key market players include Stryker Corporation, Millennium Surgical, Olympus Corporation, Medtronic, Intuitive Surgical, and Surgical Holding

Polaris Market Research has segmented the cholecystectomy devices market report based on device, surgery type, indication, end-use, and region:

Cholecystectomy Devices, Device Outlook (Revenue - USD Million, 2019 - 2032)

• Conventional Cholecystectomy Devices
• Robotic-Assigned Cholecystectomy Surgical Devices

Cholecystectomy Devices, Surgery Type Outlook (Revenue - USD Million, 2019 - 2032)

• Laparoscopic Cholecystectomy
• Open Cholecystectomy

Cholecystectomy Devices, Indication Outlook (Revenue - USD Million, 2019 - 2032)

• Cholelithiasis
• Choledocholithiasis
• Cholecystitis
• Pancreatitis
• Others

Cholecystectomy Devices, End-Use Outlook (Revenue - USD Million, 2019 - 2032)

• Hospitals
• Ambulatory Surgical Centers
• Others

Cholecystectomy Devices, Regional Outlook (Revenue - USD Million, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Cholecystectomy Devices Market Report Scope