The Global Minimally Invasive Surgical Instruments Market is projected to reach USD 32.7 billion in 2027 from USD 20.1 billion in 2019, at a CAGR of 8% during the forecast period 2021-2027.
Minimally invasive surgery is a method developed for low-risk and highly efficient surgical interventions. Minimally invasive surgery is becoming more accepted by the population compared to conventional surgery due to faster recovery and less postoperative pain. Minimally invasive surgery is performed on the patient’s body with a small incision rather than one large hole, reducing hospital stay, recovery time, and patient trauma.
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Market Segments
Based on products
- Handheld Instruments
- Inflation Devices
- Surgical Scopes
- Cutting Instruments
- Guiding Devices
- Electrosurgical & Electrocautery Instruments
- Other Instruments (Clamps, Insufflation Needles, Staplers, Cannulas, Clip Appliers, Access Systems, and Sealant Syringes)
Based on type of surgery
- Cardiothoracic Surgery
- Gastrointestinal Surgery
- Orthopedic Surgery
- Gynecological Surgery
- Cosmetic & Bariatric Surgery
- Urological Surgery
- Other Surgeries (Vascular, ENT, Respiratory, Neurological, Dental, and Pediatric Surgeries)
Based on End-user
- Hospitals
- Ambulatory Surgery Centers & Clinics
Key Players
Some of the key players influencing the market Medtronic, B. Braun Melsungen AG, Stryker, Smith & Nephew, Abbott, Johnson & Johnson Services, Inc., Conmed Corporation, Hoya Corporation, Zimmer Biomet, and Intuitive Surgical.
Scope of the Report
The research study analyzes the global Minimally Invasive Surgical Instruments industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Minimally Invasive Surgical Instruments Market Report
1. What was the Minimally Invasive Surgical Instruments Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Minimally Invasive Surgical Instruments Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Minimally Invasive Surgical Instruments Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Minimally Invasive Surgical Instruments market.
- The market share of the global Minimally Invasive Surgical Instruments market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Minimally Invasive Surgical Instruments market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Minimally Invasive Surgical Instruments market.
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