Minimally Invasive Surgical Instrument Market Necessity And Demand to 2026

Minimally Invasive Surgical Instrument
Market Size, Share, Trend, Outlook, Future
Growth Analysis And Synthesis 2018 - 2026
Minimally invasive surgical instruments are used in minimally invasive surgeries (MIS). These surgeries
are performed to limit the size and number of cuts and incisions to lessen the wound healing time.
These surgeries, reduce hospital stay with less pain and few complications. Minimally invasive surgeries
are preferred by majority of people due to its benefits. Different type of instruments are used in
minimally invasive such as small tubes, compact cameras, catheters, and others. Minimally invasive
surgeries are widely conducted in cosmetology, as it involves minimum scarring and quick healing.
Another type of minimally invasive surgery is robotic surgery. It provides a magnified, 3-D view of the
surgical site and helps the surgeon to operate with precision, flexibility, and control.
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2526
The global minimally invasive surgical instruments market size was valued at US$ 12,878.3 million in
2017, and is expected to witness a CAGR of 6.1% over the forecast period (2018 – 2026).
Increasing numbers of minimally invasive surgeries is expected to drive growth of the minimally invasive
surgical instrument market
Increasing number of minimally invasive surgeries is major driving factor for growth of the minimally
invasive surgical instruments market revenue, as minimally invasive surgeries are less painful, cost
effective, and reduces hospital stay. According to Healthcare Cost and Utilization Project (HCUP) in
2014, around 11.4 million outpatient surgeries were performed in the U.S. Most performed minimally
invasive surgeries are cholecystectomy, colectomy, heart surgery, kidney surgery, etc.
Furthermore, minimally invasive surgical instruments are widely used in cosmetic surgeries. According to
American Society of Plastic Surgeons (ASPS), around 15.7 million minimally invasive cosmetic procedures
were performed in 2017.
Minimally Invasive Surgical Instrument Market - Regional Insights
On the basis of region, the global minimally invasive surgical instruments market is segmented into
North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected
to hold a dominant position in the global minimally invasive surgical instruments market during the
forecast period, owing to high prevalence of chronic disorders such as heart disease, cancer, and
diabetes, which require the minimally invasive surgery. According to American Association of Retired
Persons Chronic Conditions 2018, reports around 45% or 133 million of American’s population suffer
from at least one chronic disease.
Report includes chapters which deeply display the following deliverable about industry :
• Minimally Invasive Surgical Instrument Market Research Objective and Assumption
• Minimally Invasive Surgical Instrument Market Purview - Report Description, Executive
Summary, and Coherent Opportunity Map (COM)
• Minimally Invasive Surgical Instrument Market Dynamics, Regulations, and Trends Analysis Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Minimally Invasive Surgical Instrument Market, By Regions
• Minimally Invasive Surgical Instrument Market Competition by Manufacturers including
Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and
Product Type.
• Minimally Invasive Surgical Instrument Market Manufacturers Profiles/Analysis including
Company Basic Information, Manufacturing Base and Its Competitors.
• Minimally Invasive Surgical Instrument Market Manufacturing Cost Analysis including Key Raw
Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Minimally Invasive Surgical Instrument Market Forecast including Production, Consumption,
Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Minimally Invasive Surgical Instrument Market - Competitive Landscape
Key players operating in the global minimally invasive surgical instrument market include Medtronic Plc,
Ethicon Inc., Aesculap Inc., Stryker Corporation, B. Braun Melsungen Ag and Smith & Nephew Plc.
Other players in this market include ConMed Corporation, Abbott Laboratories, Applied Biomedical
Resources Corporation, Boston Scientific Corporation, Microline Surgical, Alcon Laboratories Inc., and
Zimmer Biomet Holdings Inc.
Detailed Segmentation:
Global Minimally Invasive Surgical Instrument Market, By Product Type:
•
Handheld Instruments
•
Electrosurgical Instruments
•
Guiding Devices
•
Inflation Systems
Monitoring and Visualization Devices
Global Minimally Invasive Surgical Instrument Market, By Application:
•
Cosmetic Surgery
•
Urology
•
Gynecology
•
Ophthalmology
•
Gastrointestinal Surgery
•
Cardiovascular Surgery
•
Respiratory Surgery
•
Others
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minimally-invasive-surgical-instrument-market-2526
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The global minimally invasive surgical instruments market size was valued at US$ 12,878.3 million in 2017, and is expected to witness a CAGR of 6.1% over the forecast period (2018 – 2026).