Minimally Invasive Surgical Handheld Instruments market projected to reach USD 87.34 billion by 2032, key players- Medtronic, The Cooper, Johnson & Johnson, Smith & Nephew, Zimmer Biomet, B. Braun Melsungen, Stryker Corporation

The global minimally invasive surgical instruments market is projected to reach USD 87.34 billion by 2032, at a CAGR of 8.23%. The rapidly increasing number of surgeries is accelerating the global demand for minimally invasive surgical instruments. Also, the growing number of ASCs and rising interest in outpatient robotic-assisted surgeries provide enormous opportunities for players in the minimally invasive surgical instruments market. The cost of minimally invasive surgical (MIS) procedures is significantly less than in-patient and conventional open surgeries with equal outcomes resulting in a significant increase in value for the patient as well as insurance providers. This trend is likely to continue in the coming years. Increasing launch of new products and a growing number of product approvals by several market players for gaining a larger market share are anticipated to create robust growth opportunities during the forecast period. For instance, in December 2020, Abbott launched a minimally invasive heart valve repair device to treat mitral regurgitation in India.

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Global Minimally Invasive Surgical Handheld Instruments: Top Key Players

Medtronic, The Cooper, Johnson & Johnson, Smith & Nephew, Zimmer Biomet, B. Braun Melsungen, Stryker Corporation

This report examines all the key factors influencing growth of global Minimally Invasive Surgical Handheld Instruments, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Minimally Invasive Surgical Handheld Instruments unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.

Product types uploaded in the Minimally Invasive Surgical Handheld Instruments are:

Graspers, Retractors/Elevators, Suturing Instruments, Dilators, Other

Key applications of this report are:

Hospitals, Ambulatory Surgery Centers & Clinics

Global Minimally Invasive Surgical Handheld Instruments: By Countries

United States

Canada

Germany

UK

France

Italy

Spain

Russia

China

Japan

South Korea

Australia

Thailand

Brazil

Argentina

Chile

South Africa

Egypt

UAE

Saudi Arabia

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Device Insights
In 2021, the handheld instruments segment dominated the minimally invasive surgical instruments market with more than 22% share. Handheld instruments used in MIS techniques target reducing the amount of damage to extraneous tissues during surgical procedures, thereby speeding patient recovery time and reducing discomfort & side effects. Most of the instruments in the MIS market are single-use products.

The handheld instruments market is driven by technological innovations and their growing adoption in minimally invasive surgeries. For instance, a low-cost mechanical instrument has been developed recently to perform minimally invasive laparoscopic surgeries. These handheld devices can be either mechanical, robotic, or semi-automated. Handheld devices ensure easier access during surgery with instrument triangulation, thereby reducing the risk of potential mistakes.

Some Points from Table of Contents

Chapter 1 Toll Like Receptor 8 Introduction and Market Overview

Chapter 2 Executive Summary

Chapter 3 Industry Chain Analysis

Chapter 4 Global Minimally Invasive Surgical Handheld Instruments, by Type

Chapter 5 Minimally Invasive Surgical Handheld Instruments, by Application

Chapter 6 Global Minimally Invasive Surgical Handheld Instruments Analysis by Regions

Chapter 7 North America Minimally Invasive Surgical Handheld Instruments Analysis by Countries

Chapter 8 Europe Minimally Invasive Surgical Handheld Instruments Analysis by Countries

Chapter 9 Asia Pacific Minimally Invasive Surgical Handheld Instruments Analysis by Countries

Chapter 10 Middle East and Africa Minimally Invasive Surgical Handheld Instruments Analysis by Countries

Chapter 11 South America Minimally Invasive Surgical Handheld Instruments Analysis by Countries

Chapter 12 Competitive Landscape

Chapter 13 Industry Outlook

Chapter 14 Global Minimally Invasive Surgical Handheld Instruments Forecast

Chapter 15 New Project Feasibility Analysis

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Regional Insights
North America dominated the regional segment of MIS market in 2021 with a revenue share of 43.8% due to the high rate of unintentional injuries and large geriatric population. According to a report by the Organization for Economic Co-operation and Development (OECD), per capita healthcare expenditure in the U.S. is higher than all the other countries in the world. In addition, patients in the U.S. have the ability to choose methods of treatment as well as the providers. This is likely to have a positive impact on the MIS market in North America. On the other hand, Asia Pacific is expected to be fastest-growing regional market from 2022 to 2030.

The rising geriatric population in Japan and China, road crashes, and developing economy are expected to promote the emergence of MIS procedures in Asia Pacific. The demand for minimally invasive procedures in this region is mainly driven by rising medical tourism mainly for cosmetic surgeries.

Report includes Competitor's Landscape:

➊ Major trends and growth projections by region and country
➋ Key winning strategies followed by the competitors
➌ Who are the key competitors in this industry?
➍ What shall be the potential of this industry over the forecast tenure?
➎ What are the factors propelling the demand for the Toll Like Receptor 8?
➏ What are the opportunities that shall aid in significant proliferation of the market growth?
➐ What are the regional and country wise regulations that shall either hamper or boost the demand for Toll Like Receptor 8?
➑ How has the covid-19 impacted the growth of the market?
➒ Has the supply chain disruption caused changes in the entire value chain?

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