Minimally Invasive Surgical Instruments Market Research Forecast 2018-2023

Posted by nabeel on January 14th, 2021

The minimally invasive surgical instruments market is expected to grow at a CAGR of 7.8 % during 2018-2023. MIS is an advanced surgical technology where surgery is performed through tiny incisions. This technology is gaining popularity among surgeons and patients due to various benefits offered by the technology such as reduced recovery time, reduced pain and low risk of post-surgery trauma. Thin needles, stents, and endoscopes are used during surgery. During the procedure, the surgeon makes minimum cuts on the skin and embeds thin tubes known as ‘trocars’ in the body, and along with it, a small camera is also inserted into the body to monitor the surgery. Further, other instruments are also embedded into the body through trocars to perform the surgery.

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Increasing prevalence of the lifestyle-oriented diseases and rising surgical procedures among aging population are estimated to be some of the major factors that are augmenting the growth of the market. Additionally, technological advancement and other benefits offered by the minimally invasive technology over other conventional surgery methods such as reduction in the recovery time, less pain, low risk of post-operation trauma and cost effectiveness are estimated to be the major factors that are contributing significantly to the growth of the market.

MARKET SEGMENTATION

GLOBAL MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET BY PRODUCTS

• INFLATION SYSTEMS
• CUTTER INSTRUMENTS
• GUIDING DEVICES
• HANDHELD INSTRUMENTS
• GRASPERS
• DILATORS
• FORCEPS AND SPATULAS
• RETRACTORS/ELEVATORS
• STENTS
• SUTURES
• MONITORING AND VISUALIZATION EQUIPMENT
• X-RAY EQUIPMENT
• MRI SCANNERS
• CT SCANNERS
• ULTRASOUND
• ROBOTIC ASSISTED SURGICAL SYSTEMS

GLOBAL MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET BY TECHNOLOGY

• ENDOSCOPY
• LAPAROSCOPY
• ROBOT-ASSISTED METHODS
• ARTHROSCOPIC TECHNIQUES
• ABLATIVE METHODS

GLOBAL MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET BY APPLICATIONS

• CARDIAC SURGERY
• COLORECTAL SURGERY
• DERMATOLOGICAL SURGERY
• ENT SURGERY
• GASTROINTESTINAL SURGERY
• GYNAECOLOGIC SURGERY
• LUNG & RESPIRATORY CARE
• NEUROSURGERY
• OPHTHALMOLOGY
• ORTHOPAEDICS

COMPETITIVE LANDSCAPE

• KEY STRATEGIES
• KEY COMPANY ANALYSIS

REGIONAL ANALYSIS

NORTH AMERICAN

• UNITED STATES
• CANADA

EUROPE

• UK
• GERMANY
• SPAIN
• FRANCE
• ITALY

APAC

• INDIA
• CHINA
• JAPAN
• REST OF APAC

REST OF THE WORLD

COMPANY PROFILES

• ABBOT LABORATORIES
• APPLIED MEDICAL RESOURCES CORPORATION
• B BRAUN MELSUNGEN AG
• BOSTON SCIENTIFIC CORPORATION
• CONMED CORPORATION
• GIVEN IMAGIN LTD.
• HOYA CORPORATION
• INTUITIVE SURGICAL INC.
• JOHNSON & JOHNSON
• KARL STORZ GMBH & CO. KG
• MAKO SURGICAL CORPORATION
• MEDTRONIC PLC
• NOVATRACT SURGICAL INC.
• REMA MEDIZINTECHNIK GMBH
• SMITH AND NEPHEW PLC
• STRYER CORPORATION
• SURGICAL INNOVATION GROUP PLC
• TELEFLEX INC.
• ZIMMER BIOMET HOLDING INC.

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