Press release
Global Minimally Invasive Surgery Market 2018 Top Companies are Medtronic, Johnson & Johnson, B. Braun Group, Stryker, Smith & Nephew, Abbott, Applied Medical, CONMED Corporation, Hoya, Zimmer Biomet, BEMA, Elite Care Corporation, Tegra Medical
Global Minimally Invasive Surgery Market
Global Minimally Invasive Surgery Market Report is a compilation of the several factors driving and restraining this market along with a thorough run-down of the sales volume of each product within carefully categorized sub-segments of the market.
The Minimally Invasive Surgery 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 surgery market for global, Europe, North America, Asia Pacific and South America.
The Global Minimally Invasive Surgery Market accounted to USD 37.27 billion in 2016 growing at a CAGR of 11.3% 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.
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Global Minimally Invasive Surgery Market by Product (Surgical Devices, Monitoring & Visualization Systems, Endosurgical Equipment,
Electrosurgical Equipment), By Application (Gastrointestinal Surgery, Gynecology Surgery, Urology Surgery, Cosmetic Surgery, Obesity Surgery, Thoracic Surgery, Vascular Surgery, Orthopaedic Surgery), By Technology (Transcatheter Surgery, Laparoscopy Surgery, Non-Visual Imaging, Medical Robotics), By End User (Hospital Surgical Departments, Outpatient Surgery Centers, Group Practices, Individual Surgeons), By Geography – Industry Trends and Forecast to 2024
Market Definition:
Minimally invasive surgeries are the surgery with tinniest incision instead open surgeries, which helps to reduce the pain, recovery timing and hospital stay. The chronic diseases such as cardiovascular diseases, arthritis, cancer requires minimally invasive surgeries. All these surgeries are done with endoscope, which helps surgeons to operate the surgical area. Less trauma and fastest recovery boosts the growth of the market.
Major Market Drivers and Restraints:
• Less pain and better results boosts the market
• Less hospital stay and fast recovery
• Rise in geriatric population with chronic diseases
• Technologically advanced products in imaging endoscopes
• Benefits of minimally invasive surgeries over traditional open surgeries
• High price of minimally surgical instruments
• Lack of skilled surgeons is the challenge in the market
Top Competitors:
• Medtronic ,
• Johnson & Johnson Private Limited,
• B. Braun Melsungen AG,
• Stryker,
• Smith & Nephew,
• Abbott,
• Applied Medical Resources Corporation,
• CONMED Corporation,
• Hoya Group,
• Zimmer Biomet,
• Bema Medical,
• Elite Life Care,
• Tegra Medical,
• Fortimedix Surgical,
• Eurosurgical,
• GENICON,
• Europages,
• MEDI-GLOBE CORPORATION,
• Silex Medical, LLC,
• Freudenberg Medical and Elliott Manufacturing
• Among others.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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