The global laparoscopy instruments market size was valued at USD 12.88 billion in 2021. The market is projected to grow from USD 14.13 billion in 2022 to USD 25.26 billion by 2029, exhibiting a CAGR of 8.7% during the forecast period. This information is provided by Fortune Business Insights, in its report titled, “Laparoscopy Instruments Market, 2022-2029.” Request a Sample Copy of the Research Report: Key Industry Development: January 2022: To improve the distribution of its products throughout the U.S., Microline Surgical established a new sales team in the Southeast region. To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit: Drivers and Restraints: Demand for Instruments Will Rise as Laparoscopic Procedures Backed by Surged Usage A range of medical disorders are treated by laparoscopy, both for diagnosis and treatment. A laparoscope and other surgical tools are inserted by the doctors during these procedures through one or more small incisions made in the patient’s abdomen. The use of minimally invasive procedures has grown dramatically during the past 10 years. The increased usage of laparoscopic surgery is a result of its many added advantages. These factors are expected to boost the laparoscopy instruments market growth. COVID-19 Impacts: COVID-19 Pandemic Cancelled Elective Surgeries and Negatively Impacted Market The global landscape of medical procedures has been drastically altered by the COVID-19 pandemic. Due to a number of problems, including procedural prioritization, workforce and staffing challenges, intraoperative viral transmission risk, and modifications to perioperative practice, the COVID-19 greatly impeded surgical procedures. During the pandemic, many businesses with a line of laparoscopic tools saw a decline in the demand for their goods. About Us: Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in. Address: Fortune Business Insights Pvt. Ltd.9th Floor, Icon Tower, Baner – Mahalunge Road, Baner, Pune-411045, Maharashtra, India. Phone: US: +1 424 253 0390 UK: +44 2071 939123 APAC: +91 744 740 1245