Minimally Invasive Surgical Instruments Market By Products Analysis (Endoscopic Devices, Handheld Devices, Guiding device, Inflation system, Auxiliary instrument, Cutter instruments); By Application Analysis (Cardiothoracic surgery, Orthopedic surgery, Laparoscopic surgery, Cosmetic/ bariatric surgery, Gastrointestinal surgery, Diagnostics) and By Regional Analysis – Global Forecast by 2023 - 2028
The Global Minimally Invasive Surgical Instruments Market is expected to be around US$ 41 Billion by 2028 at a CAGR of 12% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
12
REPORT DESCRIPTION
Minimally invasive surgeries include tiny cuts, infection risk is lowered, and lessened restoration time. Thin needles and an endoscope to outwardly direct the surgery are utilized amid these surgeries. In such methodology, a specialist makes a few little entry points and implant thin tubes called trocars into the body. Carbon dioxide is then used to expand the region to make space between the inside organs and the skin. Next, a small camera is embedded through one of the trocars keeping in mind the end goal to see the method on video screens in the working room. Other important devices are implanted through alternate trocars in procedure to perform the surgery after that.
How Big is The Global Minimally Invasive Surgical Instruments Market?
The Global Minimally Invasive Surgical Instruments Market is expected to be around US$ 41 Billion by 2028 at a CAGR of 12% in the given forecast period.
The major driving factors of Global Minimally Invasive Surgical Instruments Market are as follows:
The restraining factors of Global Minimally Invasive Surgical Instruments Market are as follows:
The Global Minimally Invasive Surgical Instruments Market is segmented on the lines of its products, application and regional. Based on products segmentation it covers endoscopic devices, handheld devices, guiding device, inflation system, auxiliary instrument, cutter instruments, other instrument and devices. Based on application segmentation it covers cardiothoracic surgery, orthopedic surgery, laparoscopic surgery, cosmetic/ bariatric surgery, gastrointestinal surgery, diagnostics, others. The Global Minimally Invasive Surgical Instruments Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Global Minimally Invasive Surgical Instruments Marketand related technologies.
2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
3) Identifications of new market opportunities and targeted promotional plans for Global Minimally Invasive Surgical Instruments Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets on Global Minimally Invasive Surgical Instruments Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Davol, Inc., Aesculap INC, Medtronic, Siemens, Abbot Laboratories, Smith & Nephew PLC, Given Imaging, Stryker, Boston Scientific, Intuitive Surgical, Biomet Inc, Johnson and Johnson, GE Healthcare, Philips, Conmed Corporation, Cooper Surgical Inc, Ethicon Endo-Surgery Inc, Hitachi Medical Corporation, Karl Storz Endoscope Berlin GMBH, Olympus Corporation, Toshiba Medical Systems. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Global Minimally Invasive Surgical Instruments Market has been segmented as below:
By Products Analysis:
By Application Analysis:
By Regional Analysis:
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1) Obtain the most up to date information available on all Global Minimally Invasive Surgical Instruments Market.
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3) Facilitate decision making on the basis of strong historic and forecast of Global Minimally Invasive Surgical Instruments Market data.
4) Assess your competitor’s refining portfolio and its evolution.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Market Size Estimation
2.2 Market Breakdown and Data Triangulation
2.2.1 Key Data From Secondary Sources
2.2.2 Key Data From Primary Sources
2.2.3 Assumptions for the Study
3 Executive Summary
3.1 Introduction
3.2 Current Scenario
3.3 Future Outlook
3.4 Conclusion
4 Premium Insights
4.1 Minimally Invasive Surgical Instruments: Market Overview
4.2 Life Cycle Analysis, By Region (2016–2021)
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Benefits of Minimally Invasive Surgeries Over Traditional Open Surgeries
5.2.1.2 Increasing Number of Surgeries Among the Aging Population
5.2.1.3 Minimally Invasive Surgeries Help Reduce Healthcare Costs and Time
5.2.1.4 Technological Advancements
5.2.1.5 Increasing Prevalence of Lifestyle Disorders
5.2.2 Restraints
5.2.2.1 Reimbursement Challenges in the Medical Device Industry
5.2.2.2 Uncertain Regulatory Framework in the Medical Device Industry
5.2.3 Opportunities
5.2.3.1 Various Growth Opportunities in Emerging Markets
5.2.3.2 Increasing Awareness of Technologically Advanced MIS Instruments and Procedures
5.2.4 Challenges
5.2.4.1 Dearth of Skilled Surgeons and Intraoperative Issues By Surgeons
5.2.4.2 Changing Decision-Making Power and Cost-Benefit Analysis Followed By Hospitals
6 Minimally Invasive Surgical Instruments Market, By Product
6.1 Introduction
6.2 Handheld Instruments
6.2.1 Stents
6.2.2 Graspers
6.2.3 Retractors/Elevators
6.2.4 Dilators
6.2.5 Forceps and Spatulas
6.2.6 Sutures
6.2.7 Others
6.3 Inflation Systems
6.3.1 Balloons
6.3.2 Balloon Inflation Devices
6.3.3 Other Inflation Systems
6.4 Cutter Instruments
6.4.1 Rasps
6.4.2 Trocars
6.4.3 Other Cutter Instruments
6.5 Guiding Devices
6.5.1 Guiding Catheters
6.5.2 Guidewires
6.6 Electrosurgical Devices
6.6.1 Electrosurgical Generators
6.6.2 Electrosurgical Instruments
6.6.3 Electrocautery Devices
6.7 Auxiliary Instruments
6.7.1 Cannulas
6.7.2 Staplers
6.7.3 Clamps
6.7.4 Closures
7 Minimally Invasive Surgical Instruments Market, By Application
7.1 Introduction
7.2 Cardiothoracic Surgery
7.3 Gastrointestinal Surgery
7.4 Orthopedic Surgery
7.5 Gynecological Surgery
7.6 Cosmetic/Bariatric Surgery
7.7 Vascular Surgery
7.8 Urological Surgery
7.9 Others
8 Minimally Invasive Surgical Instruments Market, By End User
8.1 Introduction
8.2 Private Hospitals and Surgical Clinics
8.3 Government Hospitals
8.4 Academic and Research Institutes
9 Minimally Invasive Surgical Instruments Market, By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.3 Europe
9.4 Asia-Pacific
9.5 Rest of the World (RoW)
10 Competitive Landscape
10.1 Introduction
10.2 Strategic Overview
10.3 Leading Players in the Minimally Invasive Surgical Instruments Market
10.4 Competitive Situation and Trends
10.4.1 New Product Launches
10.4.2 Acquisitions
10.4.3 Agreements, Collaborations, and Partnerships
10.4.4 Expansions
10.4.5 Other Developments
The Global Minimally Invasive Surgical Instruments Market has been segmented as below:
By Products Analysis:
By Application Analysis:
By Regional Analysis:
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