Minimally Invasive Surgical Instruments Market Size, Share, Trends, Analysis, Report & Forecast to 2022

According to Stratistics MRC, the Global Minimally Invasive Surgical Instruments market is expected to grow from $9.34 billion in 2015 to reach $21.23 billion by 2022 with a CAGR of 12.4%. Better performance of minimally invasive surgeries as compared to traditional open surgeries is the main driving factor fueling the market growth. Moreover, rising chronic disorders as well surgeries and innovative technological improvements are the factors boosting the market growth. On the other hand, lack of skilled surgeons to adopt new technologies and unstable regulations in the medical industries are restricting the market growth.

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The orthopedic surgery segment leads the market globally with the biggest market share and is expected to grow with a high CAGR during the forecast period. The growth of this segment is attributed to increasing geriatric population coupled with bone disorders and rising spine injuries. Among all product types, the handheld instruments segment dominates the global market. This is due to vast usage of the handheld instrument in most of all minimally invasive surgeries. North America is leading the global market with a higher CAGR. Asia Pacific is projected to grow at a faster pace during the forecast period. Increasing government spending, growing numerous surgeries, increasing adoption of latest surgical instruments are the factors contributing to the North America market growth.

Some of the key players in global minimally invasive surgical instruments market include Davol, Inc., Conmed Corporation, Aesculap, Inc. (Subsidiary of B. Braun Melsungen AG), Aesculap, Inc., Ethicon Endo-Surgery, Inc., Encision, Inc., Acmi Circon, Abbott Laboratories , Ethicon, Inc. (Subsidiary of Johnson & Johnson), Karl Storz Endoscopy-American, Inc., Smith & Nephew PLC, Olympus Corp. of America, Microline Surgicals, Inc. (Subsidiary of Hoya Corporation), Zimmer Biomet Holdings, Inc., Stryker Corporation, and Medtronic PLC.

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Products Covered:
• Cutter Instruments
o Rasps
o Trocars
o Other Cutter Instruments
• Inflation Systems
o Balloon Inflation Devices
o Balloons
o Other Inflation Systems
• Auxiliary Instruments
o Cannulas
o Clamps
o Closure Devices
o Staplers
• Handheld Instruments
o Dilators
o Forceps and Spatulas
o Graspers
o Retractors
o Stents
o Sutures
o Visualizing scopes
o Other Products
• Electrosurgical Instruments
o Electrocautery Devices
o Electrosurgical Generators
o Electrosurgical Instruments
• Guiding Devices
o Guidewires
o Guiding Catheters

End Users Covered:
• Academic and Research Institutes
• Government Hospitals
• Private Hospitals and Surgical Clinics

Applications Covered:
• Gastrointestinal surgery
• Cosmetic/Bariatric Surgery
• Cardiothoracic Surgery
• Vascular Surgery
• Urological Surgery
• Orthopedic Surgery
• Gynecological Surgery
• Other Applications
o ENT/Respiratory Surgery
o Neurological Surgery
o Dental Surgery
o Pediatric Surgery

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
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