Laparoscopic Power Morcellators Market to Surpass US$200 Mn by 2031 owing to Increasing Minimally Invasive Surgeries

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The laparoscopic power morcellators market allows for minimally invasive extraction of tissue during laparoscopic procedures

The laparoscopic power morcellators market allows for minimally invasive extraction of tissue during laparoscopic procedures. These morcellators cut tissues or organs into smaller pieces to remove them through smaller incisions, thus reducing recovery time for the patient. Need for faster post-surgery recovery and reduced hospital stay has driven greater adoption of laparoscopic procedures over open surgeries in gynecological, urological and colorectal applications.

The global laparoscopic power morcellators market is estimated to be valued at US$ 130.42 Mn in 2024 and is expected to exhibit a CAGR of 7.3% over the forecast period from 2024 to 2031.

Key Takeaways
Key players operating in the laparoscopic power morcellators are Schneider Electric SE, Eaton Corporation PLC, ABB Ltd., Huawei Technologies Co. Ltd. Key players are focusing on developing innovative morcellators with advanced tissue morcellation features for various minimally invasive surgeries. Growing demand for laparoscopy in treatment of conditions like uterine fibroids, prostate cancer and appendicitis is expected to drive the market during the forecast period. In addition, technological advancements such as battery powered wireless morcellators and hydro-morcellation are further improving safety, efficacy and enabling procedures requiring organ or tissue extraction.

Market trends:
Increasing preference for bladeless morcellation: Concerns over risks of morcellating malignant tissues is driving preference for bladeless morcellators that use electrical current for tissue morcellation.
Adoption of robotic assisted surgery: Integration of Laparoscopic Power Morcellators Market Size with robotic surgical platforms improves precision and control during tissue morcellation enabling complex surgical procedures.

Market Opportunities:
Development of 5G enabled telesurgical morcellation: 5G technology can enable real-time haptic feedback control of morcellators remotely increasing access to minimally invasive procedures.
Multi-compartment tissue bags: Compartmentalized tissue bags during morcellation prevents dispersion of tissues and improves safety by reducing risks of morcellating malignant tissues.

The Global laparoscopic power morcellators market is estimated to be valued at US$ 130.42 Mn in 2024 and is expected to exhibit a CAGR of 7.3% over the forecast period from 2024 to 2031. Growing prevalence of conditions requiring minimally invasive treatment and increasing adoption of laparoscopy are the major factors driving the demand for laparoscopic power morcellators.

Impact of COVID-19 on Laparoscopic Power Morcellators Market Growth

The COVID-19 pandemic had a significant impact on the growth of the laparoscopic power morcellators market. During the initial outbreak, restrictions imposed by various governments globally led to delays and postponements of elective surgeries. This reduced the demand for laparoscopic power morcellators significantly. Many countries also enforced bans on non-essential medical procedures to avoid overburdening the healthcare systems and conserve medical resources for COVID-19 patients.

As the pandemic progressed, healthcare facilities adapted by implementing strict safety protocols like social distancing, use of protective equipment and frequent sanitization. This helped in gradual resumption of medical procedures. However, growing infection rates during the subsequent waves again pushed many regions to impose lockdowns or limits on surgeries. Moreover, restrictions on international trade and logistics disruptions led to shortages and delays in the supply chain of medical devices like laparoscopic power morcellators.

Going forward, as vaccination programs advance and outbreaks come under control, the laparoscopic power morcellators market is expected to rebound. However, the long-term impact of the pandemic remains uncertain. Higher priority for infectious disease management may delay elective procedures even in the post-COVID era. On the positive side, technological advancements are enabling minimally-invasive surgeries to be performed remotely using robotics. This could help restore demand as healthcare systems prioritize delivering non-COVID care.

Geographical regions
North America has traditionally been the most lucrative region for laparoscopic power morcellators due to advanced healthcare infrastructure and higher adoption of minimally-invasive surgical procedures. Within North America, the United States accounts for the major share owing to a large insured patient population and availability of favorable reimbursement policies.

Europe is another key geographical region, led by countries like Germany, United Kingdom and France. Rising preference for minimally-invasive techniques to reduce surgical trauma, hospitalization times and costs has been a major driver of market growth across Europe.

Fastest growing region
Asia Pacific region is expected to emerge as the fastest growing regional market over the forecast period from 2024 to 2031. Factors such as improving healthcare infrastructure, increasing medical tourism, growing disease prevalence and rising disposable incomes are propelling the uptake of laparoscopic power morcellators in Asia Pacific countries.

Within Asia Pacific, China and India have especially shown high potential owing to their huge patient bases and government initiatives focused on modernizing surgical facilities and medical technologies. Additionally, as global medtech companies continue expanding operations in Asia Pacific through partnerships with local players, availability and adoption of advanced products will further augment market revenues.

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