Minimally Invasive Surgery Market Size and Share 2022-2027
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The rising prevalence of chronic diseases, along with the expanding geriatric population, is primarily driving the minimally invasive surgery market. Furthermore, the growing investments made by the government bodies in the healthcare sector and the increasing per capita medical expenditures are also propelling the market growth. In addition to this, MI surgeries are considered a safer alternative than conventional open surgeries, resulting in their escalating adoption by healthcare professionals, which is acting as another significant growth-inducing factor. Moreover, the inflating need to ensure reduced hospital stay durations while lowering the chances of patient trauma and complications are further catalyzing the market growth. Besides this, the elevating incidences of lifestyle diseases, cardiac illnesses, cancer, etc., are expected to stimulate the minimally invasive surgery market in the coming years. Looking forward, IMARC Group expects the global minimally invasive surgery market to reach US$ 70.7 Billion by 2027, exhibiting a CAGR of 7.39% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
Zimmer Biomet Inc.
Arthrex, B. Braun
Smith & Nephew
Breakup by Product Type:
Monitoring and Visualization Devices
Breakup by Application:
Orthopedics and Spine Surgery
Breakup by End-User:
Breakup by Region:
Middle East and Africa
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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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