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Global Laparoscopic Devices Market to Reach US$8.0 Billion by 2017, According to New Report by Global Industry Analysts, Inc.

Global Laparoscopic Devices Market to Reach US$ 8.0 Billion by 2017, According to New Report by Global Industry Analysts, Inc.











San Jose, California (PRWEB) November 16, 2011

Follow us on LinkedIn – Owing to several benefits offered by laparoscopic procedures that include minimal incisions, lesser complications, lesser post-operative trauma, quicker recovery, lesser scarring, reduced hospital stay, and lower infection rates, laparoscopic procedures are gaining popularity among patients. Additionally, cost savings offered by laparoscopy for patients, hospitals and insurance companies also play a vital role in propelling growth the world over. Furthermore, laparoscopic procedures are making a significant contribution in diagnostic and therapeutic procedures in various interventional medical disciplines. Besides their current indications, laparoscopic procedures are constantly being explored as an adjunct in other therapies for treating specific malignancies, including aortic and pelvic lymph node dissection, early cervical cancer and ovarian cancer. Introduction of various tools such as improved imaging systems, multiple robotic devices, temperature-controlled devices, and surgical instruments that offer enhanced articulation and rotation are expected to expand the use of laparoscopic techniques in future.

Global Laparoscopic Devices market witnessed contraction in sales in recent years, as the frequency of elective surgeries including functional endoscopic sinus procedures and laparoscopic bariatric procedures declined owing to recession. Market growth slumped due to consequent cuts in capital equipment expenditure and the same was clearly mirrored in advanced hardware and video equipment markets. However, recovering from the recessionary effects, the market is projected to be driven by higher requirement for functional efficiency, enhanced utilization of hand-assisted devices that reduce injuries and increasing volume of laparoscopic obesity and weight loss procedures, particularly gastric banding. Growth in the market is also backed by increasing acceptance of latest equipment including an advancing array of devices for therapeutic bronchoscopy and single port laparoscopy for enhanced GI lesion detection.

As stated by the new market research report on Laparoscopic Devices, the US continues to remain the single largest regional market. Growth in the Asia-Pacific countries, including India and China, is expected to increase further driven by rising patient population, growing preference for minimally invasive procedures, and increased establishment of private-run hospitals equipped with state-of-the-art facilities. Segment wise, Closure devices constitute the largest product segment. Fastest growth is projected to emerge from Gastric Band segment that is forecast to grow at a double-digit CAGR of about 14%. Increasing cases of obesity worldwide is driving volume of laparoscopic adjustable gastric banding (LAGB) procedure. The LAGB procedure significantly reduces intake of food and subsequent fat absorption, with lesser critical complications when compared to the other popular procedures including gastric bypass surgery.

The laparoscopy/endoscopy market on the global front is consolidated. A small number of companies lead the global market, while the remaining marketplace constitutes research organizations, startup firms and small ventures. Major players profiled in the report include Allergan, Inc., Aesculap AG, Boston Scientific Corp., Cardinal Health, Inc., Covidien Ltd., Ethicon Endo-Surgery, Inc. Karl Storz GmbH & Co. KG, Microline Surgical, Olympus Medical Systems Corp., Smith & Nephew, Inc., and STRYKER Corp.

The research report titled “Laparoscopic Devices: A Global Strategic Business Report” announced by Global Industry Analysts, Inc. provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections (US$ Million) for product segments such as Laparoscopes; Trocars; Insufflation and Suction/ Irrigation Devices; Closure Devices; Hand Instruments; Direct Energy Devices; Gastric Band; Hand-Assist Devices; and Other Laparoscopic Devices, across geographic markets such as the US, Japan, Europe and Rest of World.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Laparoscopic_Devices_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

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Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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Posted on December 2, 2011 by , Reply

Palm Desert and San Diego California Constitutional Lawyer Analyzes the $700 Billion Bailout Plan as it Was First Proposed to Congress

Unless you are in a coma, it doesn’t matter where you live in California, in Corona del Mar, San Diego, Orange County, CA, Palm Springs, Palm Desert, Long Beach, Santa Ana, Anaheim, Riverside, Chula Vista, Irvine, San Bernardino, Huntington Beach, Fontana, Moreno Valley, Oceanside, Rancho Cucamonga, Ontario, Garden Grove, Palmdale, Corona, Escondido, Orange, Fullerton, Costa Mesa, Victorville, Carlsbad, Temecula, Murrieta, Mission Viejo, El Cajon, Vista, Westminster, Santa Monica, Santa Barbara, Hesperia, Newport Beach, Buena Park, Indio, Rancho Mirage, Indian Wells or Coachella, you will have somehow heard there is an economic crisis going on, and that Congress passed a whopping $700 billion bailout plan.

 

What you may not know, is that Treasury Secretary Henry Paulson’s draft proposal for the bailout of financial service firms on Wall Street as it was presented to Congress was an unconstitutional power grab of monumental proportions.

 

Under Paulson’s plan, no oversight, no review and no challenges would have been allowed by the courts, by Congress or by individuals. Henry Paulson had proposed that he effectively be appointed economic czar.

 

Under Section 8 of his initial proposal, which for years to come, will undoubtedly form the basis for questions on bar exams for law students, “Decisions by the Secretary pursuant to the authority of this Act, are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.”

 

Under Section 8 of this Act, the Treasury Secretary would arguably have become a more powerful figure than our largely missing-in-action President, more powerful than the head of the Federal Reserve, the SEC and Congress combined, and as such in violation of the Constitution of the United States of America.

 

The draft proposal was in conflict with the Constitution for the simple reason that our nation’s most important document provides that every member of the executive branch, including the Treasury Secretary, is subject to legislative and executive review. Neither Congress nor the executive may delegate its authority to a cabinet member. It would have been like Congress delegating all its power to Sarah Palin, or to a single congressman, or to Superdog for that matter.

 

As hard as it is to violate the nondelegation clause in the Constitution, if there has ever been a proposal to come out of the executive branch which does a good job of it, it has been argued that this is probably the one.

 

The question is, did the President tell Paulson to get a blank check from Congress and to heck with the Constitution or did Paulson come up with this on his own? Did the President and Paulson really believe that if they told Congress they needed this power in 24 hours like the TV show, that Congress, even the Republicans in Congress, would give it to him?

 

In bad times even more so than in good times, we expect the leaders of this country to protect the Constitution of the United States, not to usurp the powers it conveys on other branches of government. Let us hope that in the coming days and months as this country tries to mend itself from this economic crisis, that Congress remembers what the executive branch seems to have forgotten – the Constitution.  

 

If you have a constitutional, or first amendment law issue in San Diego, Newport Beach, Irvine, Orange County, La Jolla, in the Inland Empire, Los Angeles, Palm Springs or anywhere in Southern California, we have the knowledge and resources to be your California Constitutional Lawyer and your Palm Springs and San Diego Business Attorney. Be sure to hire a California law firm with business and constitutional law experience who can serve areas such as Los Angeles, Palm Springs, Palm Desert, Anaheim, Irvine, Newport Beach, Carlsbad, Corona del Mar, Laguna Beach, Huntington Beach, Santa Ana, Rancho Cucamonga, Ontario, Fullerton, Del Mar, San Diego, Orange County, San Luis Obispo, Buena Park, La Jolla, Oxnard, Ventura, La Quinta, and Santa Barbara so you are properly represented.

 

If you have a constitutional, first amendment or business law issue of any kind, call the Law Offices of R. Sebastian Gibson, or visit our website at http://www.sebastiangibsonlaw.com  and learn how we can assist you.

The Sebastian Gibson Law Firm serves all of San Diego, Orange County, Palm Springs and Palm Desert, the Coastal Cities from La Jolla, Carlsbad and Del Mar to Laguna Beach, Newport Beach, Irvine, Santa Ana and up to Ventura, Oxnard, Santa Barbara and San Luis Obispo. We also serve the Inland Empire cities of Ontario, Rancho Cucamonga, Temecula, Riverside and San Bernardino and all the cities in the Coachella Valley and high desert, from La Quinta, Indio, and Coachella to Yucca Valley and Victorville.


Visit our website at http://www.sebastiangibsonlaw.com if you have a constitutional, first amendment or business law issue of any kind. We have the knowledge and resources to represent you as your California Constitutional Lawyer and Palm Desert Business Attorney or your attorney in and around the cities of Palm Springs, Palm Desert, San Diego, Orange County, Corona del Mar, Newport Beach, Santa Ana, Laguna Beach, Anaheim, Riverside, Chula Vista, Irvine, San Bernardino, Huntington Beach, Fontana, Moreno Valley, Oceanside, La Jolla, Del Mar, San Marcos, Rancho Cucamonga, Ontario, Garden Grove, Palmdale, Long Beach, Corona, Yorba Linda, Escondido, Orange, Fullerton, Costa Mesa, Victorville, Carlsbad, Temecula, Murrieta, Mission Viejo, El Cajon, Vista, Westminster, Santa Monica, Malibu, Westwood, Hesperia, Buena Park, Indio, Coachella, Del Mar, Oxnard, Ventura, San Luis Obispo, Cambria and Santa Barbara.

Posted on June 18, 2010 by , Reply