Minimally Invasive and Non Invasive Product and Service Market Research 2017: Global Industry Analysis and Forecast 2024

The Global Minimally Invasive and Non-Invasive Product and Service Market accounted to USD 28.61 billion in 2016 growing at a CAGR of 8.43% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Definition: Global Minimally Invasive and Non Invasive Product and Service Market

The minimally invasive and non-invasive is the surgery procedure with minimal incision in the body or without any introduction of instruments in the body. The minimally and non-invasive product and service market is in high demand due to growing rate of surgeries in geriatric population and technological advancements. The minimally invasive and noninvasive procedures are featured with less pain and rapid recovery.

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Major Market Drivers and Restraints:

• Rising in geriatric population which demands surgeries
• Technological advancement in the MIS products
• Less pain and rapid recovery
• Less healthcare cost
• Better surgical results
• Increased awareness about MIS procedures
• Limited numbers of surgeries are performed with MIS procedures
• Lack of skilled healthcare professionals

Market Segmentation: Global Minimally Invasive and Non Invasive Product and Service Market

The global minimally invasive and non-invasive product and service market are segmented by product into surgical devices, monitoring & visualization systems, electrosurgical & auxiliary equipment, endosurgical equipment and medical robotics. Surgical devices are sub segmented into hand instruments, forceps, graspers, dissectors, scissors, insufflators, power surgical instruments and others. Electrosurgical & auxiliary equipment are sub segmented into lasers and others. Endosurgical equipment are sub segmented into endoscopes and others. Medical robotics is sub segmented into surgical navigation systems, surgical robots, digital operating rooms and others.

By surgery the market is applicable and segmented into cosmetic, gastrointestinal, gynecological, urological, thoracic, cardiac, vascular and orthopedic surgeries. Cosmetic surgery is sub segmented into plastic surgery, breast surgery, obesity surgery and hair removal surgery. Cardiac surgery is sub segmented into robot assisted cardiac surgery. Orthopedic surgery is sub segmented into joint replacement, spinal surgery and others.

By technology the market is segmented into non-visual imaging, transcatheter surgery and laparoscopic surgery. Non-visual imaging is sub segmented into optical imaging, non-optical imaging and hybrid imaging. Transcatheter surgery is sub segmented into percutaneous ablation radiofrequency ablation and microwave ablation.

By end user the market is segmented into hospital surgical departments, surgery centers, individual surgeons, medical schools and others.

On the basis of geography, minimally invasive and non-invasive product and service market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Competitive Analysis: Global Minimally Invasive and Non Invasive Product and Service Market

The minimally invasive and non-invasive product and service market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of minimally invasive and non-invasive product and service market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors: Global Minimally Invasive and Non Invasive Product and Service Market

Some of the major players operating in minimally invasive and non-invasive product and service market are CONMED Corporation, Johnson & Johnson Services Inc., Intuitive Surgical, Medtronic, BOSTON SCIENTIFIC CORPORATION, Abbott, Clarus Medical LLC., The Cooper Companies Inc., KARL STORZ GmbH & Co. KG, Fujifilm Holdings Corporation, C. R. Bard, Inc., Zimmer Biomet, K2M, Inc., Surgical Innovations, HOYA GROUP, Teleflex Incorporated, Stryker, Smith & Nephew plc, NuVasive, Inc., Olympus Corporation, Mentice AB, Integra LifeSciences Corporation, Auris Surgical Robotics, Alphatec Spine, Inc., Koninklijke Philips N.V., General Electric Company and Siemens AG among others.

Research Methodology: Global Minimally Invasive and Non Invasive Product and Service Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst call or drop down your inquiry.

Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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