openPR Logo
Press release

Canada Minimally Invasive Surgical Instruments Market 2021-2027: Industry Analysis, Trends, Growth, Opportunities, and Forecast

09-03-2021 12:44 PM CET | Health & Medicine

Press release from: Orion Market Research

Canada minimally invasive surgical (MIS) instruments market is expected to grow at a CAGR of around 6.3% during the forecast period. Canada minimally invasive surgical instruments market has been primarily driven by the increasing ageing population and non-communicable diseases in the country. The increasing number of joint replacements is boosting the demand for minimally invasive surgical instruments in Canada. For instance, according to the Canadian Institute for Health Information (CIHI), in 2016-2017, the number of hip replacements performed was 55,981 in Canada. Whereas, this number was 47,541 in 2012-2013. It represents a 17.8% rise in the number of hip replacements from the period 2012-2013 to 2016-2017.

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/canada-minimally-invasive-surgical-instruments-market

Ontario has the highest number of hip replacements, 18,926 in Canada in 2012-2013 and this number reached to 22,540 in 2016-2017. It was accounted for 19.1% rise in the 5 years. However, Quebec held the second position in with 9,004 hip replacements in 2012-2013. It remains to hold the second position with 10,778 hip replacements in 2016-2017 and representing a 5-year percentage change of 19.7% from the period 2012-2013 to 2016-2017. This, in turn, is expected to contribute to the adoption of minimally invasive joint replacement surgeries and thereby drives the growth of the market.

Browse for Full Report Description@ https://www.omrglobal.com/industry-reports/canada-minimally-invasive-surgical-instruments-market

The major players in the market include Abbott Laboratories, Inc., Stryker Corp., Johnson & Johnson Services, Inc., and Medtronic plc. These companies are adopting several strategies to expand market share and gain a competitive advantage over their competitors. For instance, in June 2017, Stryker declared the acquisition of Novadaq, a Canadian imaging firm for $701 million. Novadaq's technology complements Stryker's advanced imaging portfolio that will expand its product offerings into open and plastic reconstructive surgery.

Market Segmentation
Canada Minimally Invasive Surgical Instruments Market by Product
• Inflation Systems
• Cutter Instruments
• Guiding Devices
• Handheld Instruments
• Stents
• Sutures
• Monitoring and Visualization Equipment
• Robotic Assisted Surgical Systems

Canada Minimally Invasive Surgical Instruments Market by Technology
• Endoscopy
• Laparoscopy
• Robot-Assisted Methods
• Arthroscopic Techniques
• Ablative Methods

Canada Minimally Invasive Surgical Instruments Market by Application
• Cardiac Surgery
• Colorectal Surgery
• Dermatological Surgery
• ENT Surgery
• Gastrointestinal Surgery
• Gynecological Surgery
• Lung & Respiratory Care
• Neurosurgery
• Ophthalmology
• Orthopedics
• Others

Company Profiles
• Abbott Laboratories, Inc.
• Conavi Medical Inc.
• Edwards Lifesciences Corp.
• Johnson & Johnson Services, Inc.
• Medtronic plc
• NuMED, Inc.
• Stryker Corp.
• Teleflex, Inc.
• Terumo Medical Corp.
• Zimmer Biomet Holdings, Inc.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/canada-minimally-invasive-surgical-instruments-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Canada Minimally Invasive Surgical Instruments Market 2021-2027: Industry Analysis, Trends, Growth, Opportunities, and Forecast here

News-ID: 2380233 • Views:

More Releases from Orion Market Research

Terahertz Technology Market Set to Witness Significant Growth by 2032 | TOPTICA Photonics AG, Advantest Corporation, Batop GmbH
Terahertz Technology Market Set to Witness Significant Growth by 2032 | TOPTICA …
The Terahertz Technology Market was valued at approximately USD 1.09 billion in 2024 and is projected to reach USD 4.08 billion by 2032, reflecting a compound annual growth rate (CAGR) of 18.1% from 2025 to 2032. Terahertz Technology Market Overview Terahertz (THz) technology operates in the electromagnetic spectrum between microwave and infrared waves, encompassing frequencies from 0.1 to 10 THz. This technology is gaining prominence due to its non-ionizing radiation, enabling
Specialty Tapes Market Set to Witness Significant Growth by 2032 | Avery Dennison Corporation, Scapa Group Plc, Intertape Polymer Group
Specialty Tapes Market Set to Witness Significant Growth by 2032 | Avery Denniso …
The global Specialty Tapes Market was valued at approximately USD 55.39 billion in 2023 and is projected to reach USD 96.3 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.3% from 2024 to 2032. Specialty Tapes Market Overview The Specialty Tapes Market encompasses a diverse range of adhesive products tailored for specific applications across various industries. These tapes are characterized by their unique properties, such as high temperature
Safety Helmets Market Set to Witness Significant Growth by 2033 | MSA Safety, Uvex Safety Group, Delta Plus Group, Bullard, Schuberth GmbH
Safety Helmets Market Set to Witness Significant Growth by 2033 | MSA Safety, Uv …
The global Safety Helmets Market was valued at approximately USD 5.01 billion in 2024, and it is expected to reach around USD 9.76 billion by 2033, growing at a *compound annual growth rate (CAGR) of about 7.7% from 2025 to 2033. Safety Helmets Market Overview The Safety Helmets Market is gaining momentum as industries like construction, manufacturing, mining, and infrastructure increasingly emphasize worker safety and regulatory compliance. Safety helmets-designed to protect against
Sales Performance Management Market Gaining Momentum by 2033 | Xactly Corporation, Anaplan Inc., IBM Corporation, Varicent Software Inc.
Sales Performance Management Market Gaining Momentum by 2033 | Xactly Corporatio …
The global Sales Performance Management market was valued at approximately USD 5.62 billion in 2024 and is projected to grow to about USD 18.22 billion by 2033, with a compound annual growth rate (CAGR) of approximately 13.27% between 2025 and 2033. Sales Performance Management Market Overview Sales Performance Management integrates tools and processes designed to boost sales productivity, optimize incentive structures, and align field sales efforts with business goals. Today's market is

All 5 Releases


More Releases for Canada

Canada Anti-Caking Market Size, Scope 2031 by Key Companies- Univar Solutions, B …
USA, New Jersey: According to Verified Market Research analysis, the Canada Anti-Caking Market size was valued at USD 49.69 Billion in 2024 and is projected to reach USD 70.13 Billion by 2032, growing at a CAGR of 4.4% from 2026 to 2032. What is the current size and projected growth outlook of the Canada anti‐caking market? The Canada anti‐caking agents market-spanning sodium, calcium, magnesium compounds and silicon dioxide-is valued at approximately USD
University Canada West to host Fulbright Canada Research Chair
Vancouver, BC - University Canada West (UCW), a Vancouver-based institution with a diversified student body representing over 110 countries, is thrilled to announce its partnership with Fulbright Canada, the leader in public diplomacy and academic exchange, establishing a Fulbright Canada Research Chair at UCW. The University will host a Fulbright Canada Research Chair, a US scholar, who will carry out research, offer guest lectures, collaborate with colleagues, and generally participate
Canada Tire Market Size Is Going To Boom | Bridgestone Canada, Hankook Tire Cana …
Canada Tire Pad Market is gaining significant traction owing to the improvements in technology, fuel economy, and the introduction of electric vehicles.. A recent study conducted by the strategic consulting and market research firm, Report Ocean, revealed that the Canada Tire Market was worth USD 5.42 billion in the year 2021. The market is projected to grow at a CAGR of 5.3%, earning revenues of around USD 7.68 billion by the
Canada Financial Guarantee Market Key Players: Scotiabank, Toronto Dominion, Ban …
Canada Financial Guarantee Market The Canada financial guarantee market was valued at $1.32 billion in 2020, and is projected to reach $2.19 billion by 2028, growing at a CAGR of 7.3% from 2021 to 2028. With an unprecedented COVID-19 pandemic situation, the country has experienced uncertainty & protectionism in trade sector. Moreover, to curb the spread of virus, several provincial governments has imposed lockdown, which has financially affected businesses and therefore,
06-07-2021 | Health & Medicine
Niccori
Glucofort Canada-Why Canada Media Buzzing About Glucofort
Glucofort Canada-Why Canada Media Buzzing About Glucofort: In general, Glucofort is a blood sugar supportive formula that uses ingredients that are rich in anti-hyperglycemic and antioxidant properties. This is done so that foreign invaders such as ceramide are removed from the body and the blood sugar levels are corrected. Although many of these ingredients are scientifically supported, it appears that many of them are selected based on traditional practices. In
Canada Agriculture Market | Canada Agriculture Industry | Canada Agriculture Mar …
Canada Agriculture is one in all the most important agricultural producers and exporters within the world. Like Alternative developed nations, the proportion of the population and GDP dedicated to agriculture fell dramatically over the 20th century however it remains an crucial part of the Canadian economy. A big differ of agriculture is practiced in Canada, from extensive wheat fields of the grasslands to summer production of the Okanagan valley. Major