Minimally Invasive Surgery Instruments Market Size, Share, Investment Opportunities, Top Regions, Growth & Forecast by 2027

  • The global minimally invasive surgery instruments market is segmented by type, product, surgery and end-user
  • Based on surgery, cardiovascular surgery accounted for highest market share owing to rise in heart surgeries
  • On the bases of region, the market is segmented into Americas, Europe, Asia Pacific and Middle East & Africa
  • North America accounted for lion share aimed to presence of major manufacturers, increasing adoption of technological advancement, and among others
  • Minimally invasive surgery instruments are preferred over the conventional open surgery owing to excellent advantages associated with it, which drives the market growth
  • Outcomes of the minimally invasive surgery are more efficient, which is boosting its adoption by the patient pool
  • Growing old-age population in the world, which is more susceptible to chronic medical conditions. This, propels the demand for surgeries, which in turn, boost the market growth
  • On the contrary, expensive equipment for the minimally invasive surgery hinders the market growth
  • Inadequate reimbursement scenario for the surgical products is restraining the growth of this market
  • Americas is segmented into North America and Latin America. North America region is further divided in to US and Canada. The region has emerged as the leading region in the global minimally invasive surgery instruments market
  • Among these, the US is key contributing economy in the North America for minimally invasive surgery instruments market
  • Shorter hospital stays, rapid recovery and reduced cost of facility fees, service fees and other payables leading to cost effectiveness for patients is boosting the adoption of minimally invasive surgeries in the US
  • Studies revealed that hospitals within US, represented rise in the minimally invasive surgeries by around 50%, they would prevent around 3,600 surgical complications, minimize the hospital stay 144,800 days resulting into overall cost of USD 288 million annually
  • Increasing healthcare infrastructure, higher adoption of advanced technologies with rise in the healthcare spending majorly in the hospital care across US, favors the growth of minimally invasive surgery instruments market in North America
  • Asia Pacific region is further divided into China, Japan, India, Australia, and South Korea
  • Asia Pacific region is expected to grow at the fastest growth rate owing to rising surgical procedures requiring minimally invasive or non-invasive equipment to increase the accurate outcomes
  • China is one of the promising country in the Asia-Pacific for adoption of minimally invasive surgeries
  • Europe PubMed Central stated that around 8,320 thoracic surgical operations performed in China, in 2015 wherein around 80% are performed through video assisted thoracic surgery (VATS), with 50% is performed using a Uniportal approach, having average to 30–40 operations per day annually, this represents an increase of 47.6% across the country
  • In 2019, the Study involving spinal endoscopy indicated that higher percentage of minimally invasive surgeries (MIS) and endoscopic spinal (ES) surgery accounted for 96.7% was for Asia Surgeons when compared to non-Asian surgeons (81.6%)
  • Owing to rising population, increasing patient pool, hike in the geriatric population in Japan especially, is a fueling factor for the minimally invasive market growth
  • B. Braun Melsungen AG (Company Overview, Financial Overview, Product Synopsis, Key Developments, SWOT Analysis, & Key Strategy)
  • BD
  • Boston Scientific Corporation
  • CONMED Corporation.
  • HOYA Corporation
  • Intuitive Surgical
  • Johnson & Johnson Services, Inc.
  • Medtronic
  • Siemens Healthcare GmbH
  • Smith+Nephew.
  • Stryker
  • Zimmer Biomet
  • Other Key Companies
  • In Jun 2020, LivsMed Receives 510(k) Clearance from the U.S Food and Drug Administration (US FDA) for laparoscopy instrument: ArtiSential Articulating Energy Laparoscopic Instruments
  • In August 2018, Olympus has signed an agreement with FlexDex Surgical to compete wrist-worn needle driver robotic device designed to simplify suturing in difficult-to-reach areas of the abdomen.
  • In June 2017, BD received U.S. Food and Drug Administration (FDA) 510(k) clearance for its new line of Snowden-PencerTM 3.0mm laparoscopic ergonomic take-apart instruments for its use in laparoscopic surgery.
  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)
  1. INTRODUCTION
  2. Research Objectives
  3. Market Definition
  4. Research Scope
  5. Regional Coverage
  6. Research Timeline
  7. Assumptions
  8. Limitations
  9. RESEARCH DESIGN & SCOPE
  10. Introduction
  11. Primary Research
  12. Key Industry Expert Insight
  13. Secondary Research
  14. Vital Data from Secondary Sources
  15. Market Size Estimation
  16. Data Validation & Triangulation
  17. EXECUTIVE SUMMARY
  18. MARKET DYNAMICS
  19. Introduction
  20. Drivers
  21. Growing Adoption of Minimally Invasive Surgery
  22. Efficient Clinical Outcome of Minimally Invasive Surgery
  23. Rise in Geriatric Population
  24. Restraint
  25. High Cost of MIS Equipment
  26. Limited Reimbursement for Surgical Products
  27. High Initial Set-Up and Recurrent Cost of Robotic Surgery
  28. Opportunities
  29. Emergence of Smart Equipment
  30. Advancement in Minimally Invasive Surgery
  31. Challenges
  32. Lack of Skilled Medical Professionals
  33. Market Factor Analysis
  34. Porters Five Forces Analysis
  35. Power of Buyers
  36. Power of Suppliers
  37. Intensity of Competition
  38. Challenges of Substitutes
  39. Challenges of New Entrants
  40. Macro-Economic Indicators
  41. Value Chain Analysis
  42. R&D and Designing
  43. Manufacturing
  44. Distribution & Sales
  45. Post-Sales Services
  46. COVID-19 Impact Analysis
  47. Impact on Production
  48. Impact on Market Growth
  49. Impact on Regions
  50. GLOBAL MINIMALLY INVASIVE SURGERY INSTRUMENTS MARKET BY TYPE, MARKET SIZE IN USD MILLION (2018–2027)
  51. Introduction
  52. Reusable Minimally Invasive Instruments
  53. Non-reusable Minimally Invasive Instruments
  54. GLOBAL MINIMALLY INVASIVE SURGERY INSTRUMENTS MARKET BY PRODUCT, MARKET SIZE IN USD MILLION (2018–2027)
  55. Introduction
  56. Handheld Instruments
  57. Scalpels
  58. Forceps
  59. Retractor
  60. Dilators
  61. Graspers
  62. Others
  63. Inflation Devices
  64. Analogue Inflation Devices
  65. Digital Inflation Devices
  66. Guiding Devices
  67. Guiding Catheters
  68. Probes
  69. Others
  70. Electrosurgical Devices
  71. Auxiliary Devices
  72. Others
  73. GLOBAL MINIMALLY INVASIVE SURGERY INSTRUMENTS MARKET BY SURGERY, MARKET SIZE IN USD MILLION (2018–2027)
  74. Introduction
  75. Cosmetic Surgery
  76. Cardiovascular Surgery
  77. Gastrointestinal Surgery
  78. Gynecological Surgery
  79. Orthopedic Surgery
  80. Urological Surgery
  81. Other Applications
  82. GLOBAL MINIMALLY INVASIVE SURGERY INSTRUMENTS MARKET BY END-USER, MARKET SIZE IN USD MILLION (2018–2027)
  83. Introduction
  84. Hospitals & Clinics
  85. Ambulatory Surgical Centers
  86. GLOBAL MINIMALLY INVASIVE SURGERY INSTRUMENTS MARKET BY REGION, MARKET SIZE IN USD MILLION (2018–2027)
  87. Americas
  88. North America
  89. US
  90. Canada
  91. Latin America
  92. Europe
  93. Germany
  94. France
  95. Italy
  96. UK
  97. Spain
  98. Rest of Europe
  99. Asia-Pacific
  100. China
  101. India
  102. Japan
  103. Australia
  104. South Korea
  105. Rest of Asia-Pacific
  106. Middle East and Africa
  107. Middle East
  108. Africa
  109. COMPETITIVE LANDSCAPE
  110. Introduction
  111. Market Ranking/Share Analysis of Key Companies
  112. Company Benchmarking
  113. Key Developments
  114. COMPANY PROFILES
  115. B. Braun Melsungen AG
  116. Company Overview
  117. Financial Overview
  118. Products/Solutions/Services Offered
  119. Key Developments
  120. SWOT Analysis
  121. Key Strategy
  122. BD
  123. Boston Scientific Corporation
  124. CONMED Corporation.
  125. HOYA Corporation
  126. Intuitive Surgical
  127. Johnson & Johnson Services, Inc.
  128. Medtronic
  129. Siemens Healthcare GmbH
  130. Smith+Nephew.
  131. Stryker
  132. Zimmer Biomet
  133. Other Key Companies
  134. APPENDIX
  135. Key Industry Expert Insights
  136. Primary Discussion Guide
  137. Customization Options

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DataBridge Market Research

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