Cholecystectomy Devices Market Worth $85.98 Million By 2030

Cholecystectomy Devices Market Growth & Trends

The global cholecystectomy devices market size is expected to reach USD 85.98 million by 2030, registering a CAGR of 6.85% in the forecast period, according to a new report by Grand View Research, Inc. The industry is projected to be driven by the rising acceptance of elective laparoscopic surgery. For instance, laparoscopic cholecystectomy is one of the most frequently performed procedures, with almost 400,000 ambulatory laparoscopic cholecystectomies performed in the United States in 2019. Since the 1990s, laparoscopic cholecystectomy has been regarded as the preferred surgical procedure for treating gallstone disease. The advancement of cholecystectomy technologies is thought to be a significant market driver.

A number of major players are investing in R&D to introduce cutting-edge products. One significant development in the field is the introduction of medical robots that help surgeons during operations. Robotic surgery has lately gained acceptability and application in general surgery, and in specific gastrointestinal operations, it may provide superior results over laparoscopic surgery. Robotic cholecystectomy has been proven to be a secure and efficient procedure. According to reports, the robot has enhanced instrumentation, dexterity, and visualization during minimal access surgery. The industry is also being driven by the growing geriatric population as elderly people are more at risk for gallstone diseases.

People aged 70 years and above have an almost 50% chance of acquiring gallstones, whereas people under the age of 40 years have an about 8% chance of developing gallstones. In addition, due to an increased preference for laparoscopic operations and an increase in elective surgery volumes, the rate of cholecystectomy surgeries has grown by 60%. But, approximately, 10% of cholecystectomy patients experienced comparable post-surgery symptoms; this disorder is referred to as a post-cholecystectomy syndrome. Moreover, risks, such as infection of the surgical site, bile duct damage, retained gallstones, abscess formation, severe bleeding, and bile duct stenosis, may hamper the growth of the industry in the future.

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Cholecystectomy Devices Market Report Highlights

• The conventional device type segment dominated the global industry and among these devices, the energy systems sub-segment dominated the market in 2021

• The laparoscopic cholecystectomy surgery type is expected to retain its leading position growing at the fastest CAGR from 2022 to 2030

• In 2021, the cholecystitis indication segment dominated the industry owing to the high prevalence and incidence of cholecystitis

• The hospital end-use segment led the industry in 2021 due to the growth in the number of patients with gallstone disorders and a resultant rise in surgical treatments

• North America was the dominant region in 2021 due to the high preference for laparoscopic cholecystectomy procedures over open cholecystectomy procedures

Cholecystectomy Devices Market Segmentation

Grand View Research has segmented the global cholecystectomy devices market on the basis of device, surgery type, indication, end-use, and region:

Cholecystectomy Device Outlook (Revenue, USD Million, 2017 - 2030)

• Conventional Cholecystectomy Devices

  • Laparoscopes

  • Energy Systems

  • Trocars

  • Closure Devices

  • Suction/ Irrigation Device

  • Insufflation Device

  • Hand Access Instruments

• Robotic-assisted Cholecystectomy Surgery Devices

Cholecystectomy Devices Surgery Type Outlook (Revenue, USD Million, 2017 - 2030)

• Laparoscopic Cholecystectomy

• Open Cholecystectomy

Cholecystectomy Devices Indication Outlook (Revenue, USD Million, 2017 - 2030)

• Cholelithiasis

• Choledocholithiasis

• Cholecystitis

• Pancreatitis

• Others

Cholecystectomy Devices End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Hospitals

• Ambulatory Surgical Centers (ASCs)

• Others

Cholecystectomy Devices Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

  • Russia

• Asia Pacific

  • Japan

  • China

  • India

  • Australia

  • South Korea

• Latin America

  • Mexico

  • Brazil

  • Argentina

  • Colombia

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Turkey

List of Key Players of Cholecystectomy Devices Market

• Surgical Holding

• B. Braun SE

• Surtex Instruments Ltd.

• Sklar Surgical Instruments

• Olympus

• Millennium Surgical

• Stryker Corporation

• Medtronic

• Intuitive Surgical

• GerMedUSA