GlobalData estimates the global video laparoscopes was valued at $860.3M in 2016 and is expected to grow at a CAGR of 4.80% to reach a value of $1,197.8M in 2023. The video laparoscopes market includes rigid tip video laparoscopes and flexible tip video laparoscopes. Benefits of laparoscopic intervention over open surgical interventions along with advanced product features that enable better image output are the key drivers for growth in the video laparoscopes market. However, the high acquisition costs associated with video laparoscopes are seen as a barrier for the growth of this market.