Press release
Minimally Invasive Surgery Market Expected to Reach $94.421 Billion by 2030
Minimally invasive surgery market was valued at $60.643 billion in 2020, and is estimated to reach $94.421 billion by 2030, growing at a CAGR of 4.7% from 2021 to 2030. Minimally invasive surgery is defined as a surgical procedure in which instruments enter the body with minimum incision. Incision is done through various instruments on skin, a body cavity or a physical opening. There are various advantages of minimal invasive surgical procedure such as decrease in postoperative pain, decrease in bleeding, and decrease in inflammatory reaction to the surgical site.๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Apollo Hospitals Enterprise Ltd, Bedfordshire Hospitals, Circle Health Ltd, Manipal Health Enterprises Pvt Ltd, King Fahd Medical City, Mount Elizabeth Hospital, Singapore General Hospital Ltd, Stanford Healthcare, The General Hospital Corporation
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/2585
๐๐ผ๐๐ถ๐ฑ-๐ญ๐ต ๐ฆ๐ฐ๐ฒ๐ป๐ฎ๐ฟ๐ถ๐ผ:
The COVID-19 outbreak is anticipated to have a negative impact on growth of the global minimally invasive surgery services market. COVID-19 has presented some new challenges for surgeons, hospitals, and patients. Some hospitals and healthcare systems reduced non-emergency surgeries, including robotic-assisted procedures, endoscopies, laparoscopies as well as minimally invasive diagnostic procedures. Most non-essential surgeries were halted for unknown period. For instance, according to the Journal of National Library of Medicine, in 2021, it was reported that a small survey was conducted in July 2020 to August 2020, among the minimal invasive surgery surgeons by online questionnaire form, in India. It was observed that only half of surgeons are using intraoperative modification in minimal invasive surgery to mitigate the COVID-19 transmission. This has significantly contributed toward decline of the global minimally invasive surgery market.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/2585
Minimally Invasive Surgery Market players are focused on development of advanced instruments for conducting minimal invasive surgery. For instance, in April 2021, Genesis MedTech, announced agreement with LivsMed, a medical device company, to launch laparoscopic technology and perform minimal invasive surgery and increase quality of life. Furthermore, in 2021, Medtronik, a world leader in serving science, launched novel robot-assisted surgery systems to perform minimally invasive surgical procedures.
Moreover, rise in disposable income and improvement in the healthcare sector are anticipated to drive growth of the minimally invasive surgery market. In addition, increase in demand for effective, fast, and accurate treatment has led to development of innovative technologies in the healthcare sector, which propels growth of the market.
Moreover, initiatives taken by governments for development of advanced diagnostic instruments and increase in number of hospitals and clinics to conduct surgical procedures are the key factors that boost growth of the minimally invasive surgery market. Furthermore, advancements in technology in the healthcare sector and surge in geriatric population, who are more vulnerable to chronic disease propel growth of the market. In addition, increase in demand for laparoscopy surgery and surge in awareness among individuals about advantages of minimally invasive surgery fuels the minimally invasive surgery market growth.
The global minimally invasive surgery market is segmented on the basis of service type, condition, end user, and region. On the basis of service type, the market is divided into laparoscopic surgery and robotic surgery. The laparoscopic surgery segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to advancements in technology in the healthcare sector, increase in demand for laparoscopic surgery, and rise in number of surgical procedures.
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By service type, the laparoscopic surgery segment was the highest contributor to the market in 2020.
Depending on condition, the gynecologic conditions segment was the highest contributor to the market in 2020.
As per end user, the hospital and clinic segment was the highest contributor to the market in 2020.
Region wise, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Human Growth Hormone (hGH) Market -- https://www.alliedmarketresearch.com/human-growth-hormone-market
Spirometer Market -- https://www.alliedmarketresearch.com/spirometer-market-A10602
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