Press release
Minimally-Invasive Surgery Devices Market is encountering new opportunities & technological advancements by Key Market Players (Abbott., EndoMed Systems GmbH, GE HealthCare, Intuitive Surgical) | Forecast to 2030
Minimally-Invasive Surgery Devices Market Scope: By MarketDigitsMarket size value in 2022 - USD 24.7 Billion
Market size value in 2030 - USD 43.6 Billion
CAGR (2023-2030) - 7.65 %
Forecast Period - 2023-2030
Historic Data - 2019
Segments Covered - Product Type, Application, End User & Region
Geographies Covered - North America, Europe, Asia Pacific, and RoW
Sample of Companies Covered - Siemens Healthcare Private Limited, TROKAMED GmbH, Zimmer Biomet
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Browse in-depth TOC on "Minimally-Invasive Surgery Devices Market"
124 - Tables
89 - Figures
392 - Pages
Market Dynamics
Drivers:
• Increasing demand for minimally invasive surgeries
• Rising prevalence of chronic diseases
• Increased awareness among patients and healthcare
professionals about the benefits of minimally invasive
surgeries
• Minimally invasive procedures offer a cost-effective
solution
Opportunities:
• Demand for new and innovative surgical devices
• Increasing adoption of surgical robots
• Expansion of the market into emerging economies
North America dominates the market for Minimally-Invasive Surgery Devices.:
North America's dominance in the Minimally Invasive Surgery Devices Market can be attributed to various factors. The region boasts an advanced healthcare system, allowing for the early adoption of innovative technologies and devices. Moreover, the United States has a strong and well-established medical device industry, which promotes research and development, resulting in the creation of cutting-edge products. The high healthcare spending and insurance coverage in North America also play a crucial role in facilitating patient access to advanced surgical procedures. The population in this region tends to be more receptive to new technologies, further driving the demand for minimally invasive surgery devices.
As a result, North America holds a leading position in the market. On the other hand, the Asia Pacific region is experiencing rapid growth in this market. With a large and growing population, as well as increasing disposable incomes, there is a significant increase in investments in healthcare infrastructure. This presents a promising outlook for the region to potentially become a future leader in the Minimally-Invasive Surgery Devices Market.
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Top Player covered in the report:
Abbott
EndoMed Systems GmbH
GE HealthCare
Intuitive Surgical
Medical Devices Business Services, Inc.
Nuvasive, Inc.
Strauss Surgical.
Symmetry Surgical Inc.
Siemens Healthcare Private Limited
TROKAMED GmbH
Zimmer Biomet
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Segmentations Analysis of Minimally-Invasive Surgery Devices Market: -
• By Product Type
o Handheld Instruments
o Inflation Devices
o Cutter Instruments
o Guiding Devices
o Electrosurgical Devices
o Auxiliary Devices
o Monitoring & Visualization Devices
• By Application
o Cardiac
o Gastrointestinal
o Orthopedic
o Vascular
o Gynecological
o Urological
o Other
• By End Use
o Hospitals
o Clinics
o Others
• By Region
o North America
o Latin America
o Europe
o Asia Pacific
o Middle East & Africa
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