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Minimally Invasive Surgical Instruments Market: Surging to $64.75 Billion by 2029 at 10.6% CAGR with Key Drivers and Trends
Minimally Invasive Surgical Instruments Global Market Report 2025
What Is The Projected Market Size Of The Minimally Invasive Surgical Instruments Market And Its Growth Rate?
• The minimally invasive surgical instruments market size has witnessed significant growth, rising from $39.39 billion in 2024 to $43.2 billion in 2025, marking a compound annual growth rate (CAGR) of 9.7%.
• This strong growth is due to the aging population, the surge in chronic diseases, increased R&D investment in the healthcare sector, improved healthcare infrastructure, and a rise in medical tourism.
• Looking forward, the minimally invasive surgical instruments market size is expected to see rapid growth, reaching $64.75 billion in 2029 at a compound annual growth rate (CAGR) of 10.6%.
• The forecasted period growth is driven by increasing surgical volume, growing healthcare expenditure, rising disposable income, and the demand for shorter hospital stays.
What Is Driving The Growth In The Minimally Invasive Surgical Instruments Market?
The rise in the number of surgical procedures is expected to propel the minimally invasive surgical instruments market's growth. Medical practitioners prefer minimally invasive surgery over open surgery, as it causes less harm and pain. Examples include adrenalectomy, brain surgery, heart surgery, kidney transplant, spine surgery, and plastic and cosmetic surgery. According to the Aesthetic Society, the average plastic surgeon conducted 320 surgical procedures in 2022, up from 220 in 2020. A 54% increase in surgical procedures for plastic and cosmetic surgery was recorded in 2021. This increase showcases the growth potential of the minimally invasive surgical instruments market.
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Who Are The Key Players Driving Minimally Invasive Surgical Instruments Market Growth?
• Abbott Laboratories Inc.
• Aesculap Inc.
• AMNOTEC International Medical GmbH
• Applied Medical Resources Corporation
• B. Braun Melsungen AG
• Becton Dickinson and Company
• Boston Scientific Corporation
• CONMED Corporation
• EndoMed Systems GmbH
• FUJIFILM Holdings Corporation
• HOYA Corporation
• Intuitive Surgical Inc.
• KARL STORZ SE & Co. KG
• KLS Martin Group
• Koninklijke Philips N.V
• Microline Surgical Corp.
• NuVasive Inc.
• Olympus Corporation
• Scanlan International Inc.
• Smith & Nephew plc
• Ethicon Inc.
• GE Healthcare Technologies Ltd.
• Medtronic Inc.
• Johnson & Johnson Services Ltd.
• Stryker Corporation
• Cooper Companies Inc.
• Applied Medical Technology Inc.
• Richard Wolf GmbH
• Zimmer Biomet Holdings Inc.
• Siemens Healthineers AG
What Are The Key Trends In The Minimally Invasive Surgical Instruments Market?
• Increasing robotics and AI integration
• The rise of personalized surgical instruments
• The movement towards sustainable and eco-friendly instruments
• Expanding cross-disciplinary collaborations
What Are The Segments Of The Minimally Invasive Surgical Instruments Market?
1) By Product: Handheld Instruments, Inflation Systems, Cutter Instruments, Guiding Devices, Electrosurgical Devices, Auxiliary Instruments
2) Type of Procedure: Robotic, Non-Robotic
3) By Application: Cardiothoracic Surgery, Gastrointestinal Surgery, Orthopedic Surgery, Gynecological Surgery, Cosmetic & Bariatric Surgery, Vascular Surgery, Urological Surgery
4) By End User: Hospitals, Ambulatory Surgical Clinics, Research Institutes
Which Region Leads The Minimally Invasive Surgical Instruments Market?
North America was the largest region in the minimally invasive surgical instruments market in 2024. However, the market is expected to witness the fastest growth in the Asia-Pacific region. Other regions covered in the report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Minimally Invasive Surgical Instruments Market Report?
- Market Size Analysis: Analyze the Minimally Invasive Surgical Instruments Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Minimally Invasive Surgical Instruments Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Minimally Invasive Surgical Instruments Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Minimally Invasive Surgical Instruments Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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