cholecystectomy devices market

Cholecystectomy is a surgical procedure to remove a peer-shaped organ called the gallbladder. The surgery usually involves making four small incisions to insert a small video camera to see through the abdomen. Special surgical tools are then used to remove the gallbladder.

Cholecystectomy devices are equipment used to perform cholecystectomy surgery. Common cholecystectomy devices include graspers, dissectors, scissors, Kocher clamps, forceps, and electrosurgical devices. In this blog post, we provide an overview of the two most common types of cholecystectomy surgery. Also, we detail the growth drivers and recent developments in the cholecystectomy devices market. Continue reading!

Types of Cholecystectomy Surgery

There are two ways to remove the gallbladder from the human body. Below we’ve explained them in detail:

Open (traditional) method: This method involves making a single incision about 4-6 inches long on the upper right-hand side of the belly. The surgeon then takes out the gallbladder through the incision.

Laparoscopic method: This less invasive cholecystectomy procedure involves making 3 to 4 very small incisions. A thin laparoscope tube is inserted into the body through the incisions. The laparoscope has surgical tools and a small video camera attached to a TV monitor. The surgeon performs laparoscopic cholecystectomy by looking at the visuals on the TV monitor.

Market Analysis and Growth Drivers

The cholecystectomy devices market was valued at USD 44.28 million in 2022 and is expected to grow at a CAGR of 6.8%, generating an estimated revenue of USD 85.37 million during the forecast period.

The advent of new cholecystectomy equipment and advanced imaging methods have improved the safety and efficacy of cholecystectomy. Also, the introduction of robot-assisted surgery techniques has reduced recovery times and shortened hospital stays for patients undergoing this procedure. Advancements in cholecystectomy technology is one of the major factors boosting the cholecystectomy devices market growth at a rapid pace.

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The surging patient population, increasing healthcare expenditure, and strengthening distribution networks across major economies like Brazil, China, and South Africa are other factors fueling the market’s growth. Furthermore, a significant rise in the healthcare sector in major developing nations is expected to impact the market favorably in the upcoming years.

When is Cholecystectomy Surgery Performed?

A person might need to undergo cholecystectomy if the gallbladder:

  • Is red, swollen, or infected
  • Carries lumps of solid material
  • Has a high probability of being cancerous

Problems with gallbladder may lead to pain which:

  • May be throbbing or may turn worse after consuming a heavy meal
  • Is located on the right side or middle part of the upper belly
  • May be experienced at the tip of your right shoulder blade or in the back

The Choledocholithiasis Segment is Anticipated to Grow at the Fastest Rate Over the Forecast Period

By indication, the choledocholithiasis segment is expected to witness the highest growth over the forecast period. This can largely be attributed to the rising incidences of choledocholithiasis worldwide owing to the changing lifestyle habits and rising aging population.

Furthermore, rapid advancements in laparoscopic cholecystectomy devices have reduced patient recovery times and improved treatment outcomes. The aging population is highly susceptible to bile duct stones and gallstones requiring various procedures and treatments, further propelling the cholecystectomy devices market sales.

Recent Developments

In May 2022, CMR Surgical unveiled its new robotic-assisted surgical platform, Versius. The surgical platform allows surgeons to easily perform highly complex surgeries across cholecystectomy, prostatectomy, and hysterectomy.

In April 2021, Erbe Elektromedizin revealed that it has completed the acquisition of Germany-based Maxer Endoscopy. Maxer is a manufacturing company that specializes in a wide range of surgical devices and instruments. With the acquisition, Erbe Elektromedizin aims to become a leading solutions provider for surgical procedures.

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To Sum It Up

Cholecystectomy is a common surgical procedure for treating symptomatic gallstones and other gallbladder conditions. A rapid rise in the geriatric population and increasing awareness among people regarding early disease diagnosis are some of the key factors driving the cholecystectomy devices market growth.