The global laparoscopic devices market size was valued at USD 6.5 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.7% from 2021 to 2028. Increasing adoption of minimally invasive surgeries over the traditional methods, increasing prevalence of colorectal cancer, increase in the number of laparoscopic bariatric procedures, and other surgery-related technological advancements are among the major factors driving the market. Minimally invasive surgical procedures are being increasingly adopted due to lower trauma associated with them.
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