Press release
Minimally Invasive Gastrointestinal Surgical Systems Market Know the Scope and Trends
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " Minimally Invasive Gastrointestinal Surgical Systems Market - (By Product Type (Conventional Minimally Invasive Gastrointestinal Surgical Systems (MISS) (Endoscopes and Endoscopy Systems (Rigid Endoscopes, Flexible Endoscopes, Capsule Endoscopy (Workstations and Data Recorders, Capsules, Others)), Videoscopes, Endoscopy Ultrasound, Therapeutic Energy Devices, Point of Sales), Surgical Robotics (Robotic Systems, Robotic Surgery Instruments and Accessories, Services)), By Surgery (Adrenalectomy, Appendectomy, Bariatric Surgery, Cholecystectomy, Colon & Rectal Surgery, Foregut Surgery, Hernia Repair, Others), By End-User (Specialty Clinics, Hospitals, Ambulatory Surgical Centers)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the Minimally Invasive Gastrointestinal Surgical Systems Market is valued at US$ 5.75 Bn in 2023, and it is expected to reach US$ 9.88 Bn by 2031, with a CAGR of 7.2% during the forecast period of 2024-2031.
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Minimally invasive gastrointestinal surgical systems leverage advanced technologies such as laparoscopy, endoscopy, and robotic-assisted procedures to perform surgical interventions with smaller incisions, thereby minimizing tissue damage and accelerating recovery. These systems are increasingly favored for the treatment of gastrointestinal disorders and cancers, as they offer greater precision, reduced postoperative complications, and shorter hospital stays compared to traditional surgical methods.
The growing demand for cost-effective and efficient surgical solutions has driven widespread adoption of minimally invasive techniques. Continuous technological advancements in robotics and surgical instrumentation have further improved the safety, accuracy, and effectiveness of these procedures, prompting hospitals and healthcare facilities to integrate these systems into their surgical practices.
List of Major Players in the Minimally Invasive Gastrointestinal Surgical Systems Market:
• B. Braun Melsungen AG
• Conmed Corporation
• Karl Storz SE & Co. KG
• Medtronic plc
• Olympus Corporation
• Stryker Corporation
• TransEnterix, Inc.
• Boston Scientific Corporation
• Cook Medical, Inc.
• Richard Wolf GmbH
• Intuitive Surgical, Inc.
• Ambu A/S
• Schölly Fiber Optic GmbH
• Xenocor, Inc.
• Fujifilm Holdings Corporation
• Pentax Medical (Hoya Corporation)
• Smith & Nephew,
• Abbott,
• Applied Biomedical, LLC
• Aesculap, Inc.,
• Johnson & Johnson Services, Inc.,
• Novatract Surgical Inc.,
• REMA Medizintechnik GmbH,
• Teleflex Incorporated,
• Other Prominent Players
Market Dynamics:
Drivers-
The growth of the minimally invasive gastrointestinal surgical systems market is driven by continuous advancements in robotics, laparoscopy, and endoscopic technologies, which enhance precision and patient outcomes. The increasing demand for shorter recovery times, reduced scarring, and lower postoperative complications has further accelerated adoption. Additionally, the rising prevalence of gastrointestinal disorders and obesity, along with greater awareness of the benefits of minimally invasive procedures, is fueling market expansion.
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Challenges:
Despite its benefits, the market faces several challenges, including the complexity of procedures, a shortage of skilled surgeons, and the high costs associated with these technologies, which limit their adoption in underdeveloped regions. Financial constraints make hospitals in these areas hesitant to invest in advanced surgical systems, while high procedural costs also deter patients from seeking treatment.
Regional Trends:
The North American market is expected to hold a significant revenue share and witness substantial growth due to the high prevalence of gastrointestinal diseases, increasing healthcare expenditures, and rapid adoption of advanced surgical technologies. Government funding and initiatives aimed at enhancing healthcare infrastructure further support market expansion in the region.
Meanwhile, Europe holds a notable market share, driven by its well-established healthcare system, stringent regulatory standards, and the presence of major industry players. The availability of highly skilled professionals and advanced medical expertise has also contributed to the region's market growth.
Recent Developments:
• In Nov 2023, Stryker Endoscopy (San Jose, CA) obtained FDA certification for the enhanced Stryker 1788 4K Camera System including Advanced Imaging Modality. The 1788 Platform represents the most recent advancement in the series of Stryker endoscopic camera systems. This is the inaugural update since the launch of the 1688 AIM 4K in 2019 and the seventh generation since the introduction of the original 1088 in 2004. This generation features hardware upgrades, software modifications for light-balancing, and advances in fluorescence imaging capabilities.
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Segmentation of Minimally Invasive Gastrointestinal Surgical Systems Market-
By Product Type-
• Conventional Minimally Invasive Gastrointestinal Surgical Systems (MISS)
o Endoscopes and Endoscopy Systems
Rigid Endoscopes
Flexible Endoscopes
Capsule Endoscopy
• Workstations and Data Recorders
• Capsules
• Others
o Videoscopes
o Endoscopy Ultrasound
o Therapeutic Energy Devices
o Point of Sales
• Surgical Robotics
o Robotic Systems
o Robotic Surgery Instruments and Accessories
o Services
By Surgery-
• Adrenalectomy
• Appendectomy
• Bariatric Surgery
• Cholecystectomy
• Colon & Rectal Surgery
• Foregut Surgery
• Hernia Repair
• Others
By End-User-
• Specialty Clinics
• Hospitals
• Ambulatory Surgical Centers
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.https://www.insightaceanalytic.com/images_data/148861653.
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