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Minimally Invasive Surgery Devices market was valued at US$ 37320 million in 2022 and is anticipated to reach US$ 58300 million by 2029, witnessing a CAGR of 6.5% - Valuates reports
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Minimally invasive procedures (also known as minimally invasive surgeries) have been enabled by the advance of various medical technologies. Surgery by definition is invasive and many operations requiring incisions of some size are referred to as open surgery.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Minimally Invasive Surgery Devices key players include Medtronic, Olympus Corp, Johnson＆Johnson, Stryker, etc. Global top four manufacturers hold a share nearly 50%.
North America is the largest market, with a share over 45%, followed by Europe, and Japan, both have a share over 40 percent.
In terms of product, Surgical equipment is the largest segment, with a share about 55%. And in terms of application, the largest application is Gastrointestinal Surgery, followed by Orthopedic Surgery, Urological Surgery, Cosmetic or Bariatric Surgery, etc.
Segment by Type
Surgical equipment
Monitoring and visualization equipment
Electrosurgical systems
Segment by Application
Cardiothoracic Surgery
Gastrointestinal Surgery
Orthopedic Surgery
Gynecological Surgery
Cosmetic or Bariatric Surgery
Vascular Surgery
Urological Surgery
Others
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