Laparoscopic Clip Appliers Market - Regional Analysis
North American Market Forecast
North America industry is set to account for largest revenue share of 38% by 2035. North America is a hub for medical device innovation, with many leading manufacturers headquartered in the region. Also, the region has one of the highest healthcare expenditures globally with significant investments in healthcare infrastructure, technology, and services. As per a report, in the US the total amount spent on national health care in 2022 was USD 13.4 thousand per person. Furthermore, the aging population in North America leads to an increased demand for surgical procedures, including those performed using laparoscopic techniques.
APAC Market Statistics
Laparoscopic clip appliers market in Asia Pacific is poised to hold a share of 25% during the forecast period. The growing number of people with insurance and the advancement of medical facilities are expected to drive demand in the region. The demand for minimally invasive applications has increased due to government measures to lower healthcare costs, an aging population, and growing physician awareness of cutting-edge surgical technologies and tools. For instance, Ayushman Bharat – Health and Wellness Centres (AB-HWCs) offer free services. According to the Socio-Economic Caste Census (SECC) database, Sl. No. AB-PMJAY offers health coverage of up to Rs 5.00 lakh per household annually to 10.74 crore impoverished and underprivileged families. These factors have also contributed to the overall laparoscopic clip appliers market expansion.
