Minimally Invasive Surgical Instruments Market Size, Share, Analysis Report

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

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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MARKET SNAPSHOT

Major Players

Study period:

2023-2028

Base Year:

2022

CAGR:

12

Fastest Growing Market:

APAC

Largest Market:

North America

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:

  • Rising chronic disorders as well surgeries
  • Innovative technological improvements
  • Increasing geriatric population coupled
  • Rising spine injuries
  • Increasing government spending
  • Growing numerous surgeries
  • Increasing adoption of latest surgical instruments

The restraining factors of Global Minimally Invasive Surgical Instruments Market are as follows:

  • Lack of skilled surgeons
  • Risks & complications relatedsuch as complexity of bleeding and anesthesia
  • Problems relating to reimbursement in the medical device sector
  • Improper regulatory system

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:

  • Endoscopic Devices
  • Endoscopes
  • Rigid endoscope
  • Flexible endoscope
  • Capsule endoscope
  • Handheld Devices
  • Stents
  • Forceps and spatulas
  • Retractors
  • Dilators
  • Graspers
  • Guiding device
  • Guiding catheters
  • Guidewires
  • Inflation system
  • Balloons
  • Balloon inflation devices
  • Auxiliary instrument
  • Cannulae
  • Staplers
  • Cutter instruments
  • Trocars
  • Scissors
  • Others
  • Other instrument and devices
  • Clamps
  • Blades
  • Others

By Application Analysis:

  • Cardiothoracic surgery
  • Orthopedic surgery
  • Laparoscopic surgery
  • Cosmetic/ bariatric surgery
  • Gastrointestinal surgery
  • Diagnostics
  • Others

By Regional Analysis:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Reasons to Buy this Report:
1) Obtain the most up to date information available on all Global Minimally Invasive Surgical Instruments Market.
2) Identify growth segments and opportunities in the industry.
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:

  • Endoscopic Devices
  • Endoscopes
  • Rigid endoscope
  • Flexible endoscope
  • Capsule endoscope
  • Handheld Devices
  • Stents
  • Forceps and spatulas
  • Retractors
  • Dilators
  • Graspers
  • Guiding device
  • Guiding catheters
  • Guidewires
  • Inflation system
  • Balloons
  • Balloon inflation devices
  • Auxiliary instrument
  • Cannulae
  • Staplers
  • Cutter instruments
  • Trocars
  • Scissors
  • Others
  • Other instrument and devices
  • Clamps
  • Blades
  • Others

By Application Analysis:

  • Cardiothoracic surgery
  • Orthopedic surgery
  • Laparoscopic surgery
  • Cosmetic/ bariatric surgery
  • Gastrointestinal surgery
  • Diagnostics
  • Others

By Regional Analysis:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

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The market is expected to grow at a CAGR of 12% during the study period (2023-2028)
The Global Minimally Invasive Surgical Instruments Market is expected to be around US$ 41 Billion by 2028.
The segment included in Minimally Invasive Surgical Instruments Market is Product, End User and region.
Some key players operating in the Minimally Invasive Surgical Instruments Market include Medtronic PLC, Boston Scientific Corporation, Biotronik SE & Co. KG, St. Jude Medical, LivaNova PLC, Zoll Medical Corporation, Physio Control, Inc., Cardiac Science Corporation, Nihon Kohden Corporation
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