
BRICS Laparoscopic Devices Market Outlook (2021-2031)
No. of Pages: 150 | Report Code: BMIPUB00031733 | Category: Life Sciences
No. of Pages: 150 | Report Code: BMIPUB00031733 | Category: Life Sciences
BRICS laparoscopic devices market size is expected to reach US$ 6,635.2 million by 2031 from US$ 3,187.3 million in 2024. The market is estimated to record a CAGR of 11.0% from 2025 to 2031.
The laparoscopic devices market in BRICS is experiencing significant growth driven by rising prevalence of chronic diseases, increasing tech breakthroughs in laparoscopy, and growing demand of minimally invasive surgeries. The BRICS countries continue to experience growth in the laparoscopic devices’ markets, driven by better healthcare infrastructure and greater acceptance of minimally invasive surgical techniques, with robotic-assisted procedures being the most exciting area for expansion. Robotic systems were the fastest-growing segment in laparoscopic surgical robotic devices markets in both China and Brazil in 2024, as energy systems were the largest revenue-generating product in Brazil. India's laparoscopic electrodes market demonstrated significant market growth in 2023, in particular bipolar electrodes, which reflect an increasing domestic device market. In 2024, almost 2.7 million procedures were performed on the da Vinci systems of Intuitive Surgical globally, 17% more than 2023. BRICS countries continued to contribute to this market growth, particularly for general surgery applications in China.
The BRICS laparoscopic devices market is segmented into Russian Federation, Brazil, South Africa, India, and China. The BRICS laparoscopic surgical equipment market is growing at an impressive rate owing to the fact of technological innovations, increased investment in healthcare, and an increase in the adoption of minimally invasive surgeries. The surgically advanced centers globally integrated in Brazil, Russia, India, China, and South Africa are competitively propelling the market growth for laparoscopic tools and devices. China and India are particularly emerging as pivotal epicentres with their enormous population base and increasing chronic health issues coupled with state supportive policies. Moreover, higher disposable income and wider Medicare policies are boosting the affordability for sophisticated healthcare services. However, slower surgery adoption rates in some areas may be caused by the high costs associated with medical devices and the lack of trained practitioners. Nonetheless, there is still enduring hope on the devices market within BRICS countries which is only expected to transform positively through surgical infrastructural innovations and advanced healthcare services in future.
Based on region, the BRICS laparoscopic devices market is further segmented into the Russian Federation, Brazil, South Africa, India, and China. The China held the largest share in 2024.
Reports indicate that bariatric surgeries are increasingly performed using laparoscopic methods, the 8th IFSO Global Registry Report (2024) indicated 63,442 primary bariatric surgeries in Brazil; according to 2022 reports there were over 6,800 annually in China; 7,345 in Russia; and many more in India and South Africa that continued in 2023, with Roux-en-Y gastric bypass (RYGB) surgeries were often the largest segment. Laparoscopic colorectal surgeries are also advancing, and given that there were over 517,000 new colorectal cancer cases reported in China in 2022, physician demand is high in China. There were studies conducted in South Africa in 2023 examining risk models for rectal cancer surgery.
Across general surgeries, a trend towards minimally invasive approaches is evident; for instance, in Brazil, abdominal surgery was the largest revenue-generating procedure type in emergency general surgery services in 2024, while in India and South Africa, disposable surgical supplies were the largest segment in 2023 for general surgery devices, with energy-based and powered instruments experiencing the fastest growth. Robotic systems are increasingly employed across various general surgical applications in these nations, further driving the shift towards laparoscopic procedures.
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 3,187.3 Million |
Market Size by 2031 | US$ 6,635.2 Million |
Global CAGR (2025 - 2031) | 11.0% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Product
|
Regions and Countries Covered | BRICS
|
Market leaders and key company profiles |
Medtronic Plc; Johnson & Johnson; Olympus Corp; Stryker Corp; Karl Storz SE & Co KG, Boston Scientific Corp, B Braun SE, Smith & Nephew Plc, Conmed Corp, and Intuitive Surgical Inc, are among the key players operating in the market. These players adopt strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive in the market and offer innovative products to their consumers.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to US$. For companies reporting in other currencies, figures have been converted to US$ using the relevant exchange rates for the corresponding year.
The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate and analyze the data and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews with industry experts across various markets, categories, segments, and sub-segments in different regions. Participants typically include:
The BRICS Laparoscopic Devices Market is valued at US$ 3,187.3 Million in 2024, it is projected to reach US$ 6,635.2 Million by 2031.
As per our report BRICS Laparoscopic Devices Market, the market size is valued at US$ 3,187.3 Million in 2024, projecting it to reach US$ 6,635.2 Million by 2031. This translates to a CAGR of approximately 11.0% during the forecast period.
The BRICS Laparoscopic Devices Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the BRICS Laparoscopic Devices Market report:
The BRICS Laparoscopic Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The BRICS Laparoscopic Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the BRICS Laparoscopic Devices Market value chain can benefit from the information contained in a comprehensive market report.