Growth of the global laparoscopic devices market is mainly driven by rising private and foreign investments as well as adoption of the subscription commerce based model for product selling. Due to intense competition, manufacturers of laparoscopic devices are reducing prices of their products to remain competitive in the market. Companies are adopting subscription commerce based marketing models to sell laparoscopic devices. Under this scheme, companies provide costly and sophisticated medical devices on a pay-per-use basis. This helps end users use these costly devices at cheaper rates, which in turn is helping companies expand their market footprint worldwide. Furthermore, increasing demand for minimally invasive therapies, especially for obesity related ailments is bolstering demand for laparoscopic devices from various end-use sectors.
Though the global laparoscopic devices market is expected to witness impressive growth over the forecast period, high cost of laparoscopic devices coupled with lack of skilled surgeons are factors expected to hamper market revenue growth in the coming years.Read More On www.futuremarketinsights.com