Minimally Invasive Surgery Market Size Forecasted To Achieve $100.45 Billion By 2029 With Steady Growth

The Minimally Invasive Surgery Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Minimally Invasive Surgery Market Size and Projected Growth Rate?
Over recent years, the market size for minimally invasive surgery has experienced significant growth. Expected to increase from $63.82 billion in 2024 to $69.89 billion in 2025 with a compound annual growth rate (CAGR) of 9.5%. This vigorous growth during the historical period can be ascribed to factors such as increased patient awareness, decreased duration of hospital stays, reduced risk of infection, improved surgeon training and expertise, as well as the prevalence of chronic diseases.

In the coming years, the market size of minimally invasive surgeries is set to experience robust growth. The market is projected to expand to a worth of $100.45 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 9.5%. Various factors such as government initiatives, an aging global population, the proliferation of remote surgeries, a reduced risk of infection, and patient-focused care can be attributed to this expected growth in the forecast period. Key emerging trends within this period encompass virtual reality (VR) training, surgical procedures aided by artificial intelligence (AI), advancements in nanotechnology, 3D printing, and data security.

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What Are the Major Segments in the Minimally Invasive Surgery Market?
The minimally invasive surgery market covered in this report is segmented -

1) By Device: Handheld Instruments, Inflation Devices, Cutter Instruments, Guiding Devices, Electrosurgical Devices, Auxiliary Devices, Monitoring And Visualization Devices
2) By Product: Surgical Devices, Laparoscopy Devices, Monitoring And Visualization Devices
3) By Application: Cardiac, Gastrointestinal, Orthopedic, Vascular, Gynecological, Urological, Cosmetic, Dental
4) By End-User: Hospitals And Specialty Clinics, Ambulatory Surgery Centers

Subsegments:
1) By Handheld Instruments: Scissors, Graspers, Forceps, Needle Holders
2) By Inflation Devices: Insufflators, Inflation Pumps
3) By Cutter Instruments: Blades, Snares, Biopsy Instruments
4) By Guiding Devices: Trocar And Cannula Systems, Guidewires
5) By Electrosurgical Devices: Electrosurgical Generators, Electrosurgical Pencils
6) By Auxiliary Devices: Suction Devices, Energy Devices
7) By Monitoring And Visualization Devices: Endoscopes, Cameras, Monitors And Display Systems

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What Are The Driving Minimally Invasive Surgery Market Evolution?
The minimally invasive surgery market's development is being propelled by the rising occurrence of chronic illnesses. Chronic conditions are persistent diseases that often can't be cured but are sometimes manageable and controllable. Lifestyle changes, poor diets, and a lack of weight control contribute to chronic illnesses; certain long-term diseases even pose a threat for cancer. The growing prevalence of this disease heightens the need for minimally invasive surgery to offer patients less post-operative pain, shorter hospital stays, quicker recuperation, less scarring, and less strain on the immune system. For instance, the National Library of Medicine, a US-based entity, reported in January 2023 that those aged 50 years and older with one or more chronic diseases is anticipated to surge by 99.5%, reaching 142.66 million by 2050, an increase from 71.522 million in 2020 in the United States. Consequently, the growing prevalence of chronic illnesses is fuelling the advancement of the minimally invasive surgery market.

Which Firms Dominate The Minimally Invasive Surgery Market Segments?
Major companies operating in the minimally invasive surgery market include Arthrex Inc., B. Braun Melsungen AG, Intuitive Surgical Inc., Medtronic Inc., OmniGuide Inc., Olympus Corporation, GE Healthcare, Siemens Healthineers, Smith & Nephew, Johnson & Johnson Ltd., Stryker Corporation, Boston Scientific Corporation, Abbott Laboratories, Koninklijke Philips N.V., Applied Medical Resources Corporation, KLS Martin Group, Scanlan International Inc., Wexler Surgical, STRAUSS SURGICAL, AMNOTEC International Medical GmbH, EndoMed Systems GmbH, TROKAMED GmbH, Surgical Holdings Ltd., Ethicon Inc., DePuy Synthes, NuVasive Inc., Zimmer Biomet Holdings Inc., Renishaw plc, CONMED Corporation, Bedfordshire Hospitals NHS Foundation Trust, Manipal Health Enterprises Pvt. Ltd., Singapore General Hospital Ltd., The General Hospital Corporation, Karl Storz SE & Co. KG, Becton Dickinson and Company, Applied Medical Resources Corporation, LiNA Medical, HOYA Corporation, Steris Corporation

What Trends Are Expected to Dominate the Minimally Invasive Surgery Market in the Next 5 Years?
Top firms in the minimally invasive surgery market are pushing the boundaries of technology by developing innovative products like navigation systems that enhance surgical precision, increase patient safety, and diminish recovery periods. A navigation system is an advanced tool that uses maps, sensors and GPS-like technologies to locate and guide either vehicles or individuals to a pre-determined location. Take the case of Orthofix Medical Inc., a medical device firm based in the U.S. which in August 2023, introduced the 7D FLASH Navigation System Percutaneous Module 2.0 specifically engineered for minimally invasive surgery. This upgrade significantly improves the medical and practical potential of the 7D FLASH Navigation System by providing surgeons with a comprehensive solution for minimally invasive surgeries, including navigation tools and implant planning. Furthermore, this application has its sights set on the hugely critical minimally invasive spine navigation market, and solidifies the status of the 7D FLASH Navigation System as the preferred choice across a range of healthcare settings, from academic hospitals to outpatient surgery centers.

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Which Is The Largest Region In The Minimally Invasive Surgery Market?
North America was the largest region in the minimally invasive surgery market in 2024. The regions covered in the minimally invasive surgery market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Minimally Invasive Surgery Market?
2. What is the CAGR expected in the Minimally Invasive Surgery Market?
3. What Are the Key Innovations Transforming the Minimally Invasive Surgery Industry?
4. Which Region Is Leading the Minimally Invasive Surgery Market?

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