France minimally invasive surgical (MIS) instruments market is expected to grow at a CAGR of around 7.3% during the forecast period. France minimally invasive surgical instruments market has been witnessing considerable growth owing to the rising ageing population and the growing prevalence of neurodegenerative diseases in the country. The partnerships among the research institutes in France for the development of less invasive surgeries are providing a significant opportunity for the market growth. For instance, in March 2016, the University of Twente and the two leading French institutes, IHU and IRCAD signed a new partnership agreement to join forces in the areas of education and research with the common objective of improving patient’s healthcare while combining technological advancements into medicine. The IHU-Strasbourg was established to promote and develop the surgery of the future which is focused on technology-enabled, image-based and less-invasive methods for cost-effective care. With this partnership, the innovative ideas are expected to arise, which can create new possibilities for minimally invasive surgery in the country.
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The companies operating in the market include Abbott Laboratories, Inc., Medtronic plc, Quantum Surgical SAS, and Abbott Laboratories, Inc. New developments in the market is expected to occur in the near future owing to the funding opportunities among companies. For instance, in June 2018, Ally Bridge Group, a life science investment firm has finished a Series A investment in Quantum Surgical, an advanced surgical robotics company in France. This investment is a part of a total of $50 million raise, which is intended to expand the portfolio of early-stage cancer solution. Quantum surgical is focusing on developing next-generation robotic solutions for minimally invasive cancer therapies. Ally Bridge Group has been working closely with Quantum Surgical, since its commencement and this partnership now breaks into new ground for the development of next-generation surgical robots that can facilitate interventional oncology treatment, particularly for early-stage cancer patients.
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Market Segmentation
France Minimally Invasive Surgical Instruments Market by Product
- Inflation Systems
- Cutter Instruments
- Guiding Devices
- Handheld Instruments
- Stents
- Sutures
- Monitoring and Visualization Equipment
- Robotic Assisted Surgical Systems
France Minimally Invasive Surgical Instruments Market by Technology
- Endoscopy
- Laparoscopy
- Robot-Assisted Methods
- Arthroscopic Techniques
- Ablative Methods
France Minimally Invasive Surgical Instruments Market by Application
- Cardiac Surgery
- Colorectal Surgery
- Dermatological Surgery
- ENT Surgery
- Gastrointestinal Surgery
- Gynecological Surgery
- Lung & Respiratory Care
- Neurosurgery
- Ophthalmology
- Orthopedics
- Others
Company Profiles
- Abbott Laboratories, Inc.
- Braun Melsungen AG
- Boston Scientific Corp.
- Edwards Lifesciences Corp.
- Intuitive Surgical, Inc.
- Johnson & Johnson Services, Inc.
- Medtronic plc
- pfm medical ag
- Quantum Surgical SAS
- Smith & Nephew plc
- Stryker Corp.
- Teleflex, Inc.
- Terumo Medical Corp.
- Zimmer Biomet Holdings, Inc.
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