Laparoscopic surgery, also known as minimally invasive surgery, involves inserting narrow tubes through small incisions to perform surgical procedures with long instruments. It offers advantages such as reduced pain, shorter recovery time, and decreased risks of complications, although it has limitations like loss of dexterity and poor depth perception for surgeons. The document specifically highlights the procedure of laparoscopic adrenalectomy, which has become the standard treatment for adrenal conditions due to its favorable outcomes.