Global Minimal Invasive Surgery Devices Market
Medical Equipment

Global Minimal Invasive Surgery Devices Market Overview And Prospects

Learn about the global minimal invasive surgery devices market through The Business Research Company, which provides information on minimal invasive surgery devices market size, minimal invasive surgery devices market drivers and restraints, minimal invasive surgery devices market players, the COVID-19 impact on the minimal invasive surgery devices market, and more.

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The global minimal invasive surgery devices market is expected to grow from $35.46 billion in 2020 to $38.04 billion in 2021 at a compound annual growth rate (CAGR) of 7.3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The minimal invasive surgery devices market is expected to reach $50.97 billion in 2025 at a CAGR of 7.6%.

The increasing awareness for minimal invasive surgeries among the people is expected to drive innovation in minimal invasive surgery devices manufacturing, thus driving the market during the forecast period.

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Minimal invasive surgery devices market consists of sales of minimally invasive surgical devices and related services. The minimally invasive surgery devices are used to minimize the surgical incisions and trauma in the body. The minimally invasive surgical devices include handheld instruments, inflation devices, guiding devices, electrosurgical devices, cutter instruments, auxiliary devices, monitoring & visualization devices. These devices are used in cardiac, gastrointestinal, orthopaedic, vascular, gynaecological, urological, thoracic, cosmetic, dental and others applications.

Global minimal invasive surgery devices market segments include:

By Product Type: Handheld Instruments, Inflation Devices, Cutter Instruments, Guiding Devices, Electrosurgical Devices, Auxiliary Devices, Monitoring & Visualization Devices

By Application: Laparoscopy, Cardiovascular, Cosmetic Surgery, Orthopaedic Surgery, Obstetrics And Gynaecology, Ophthalmology, Neurosurgery, Urology, Others

By End Users: Hospitals, Ambulatory Surgical Centres (ASCs), Research Institutes

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Technologically advanced minimally invasive surgery (MIS) devices with improvements in image guidance, fibre-optics, mini dental implants and robotic control systems are increasingly opted by patients to treat medical conditions such as aneurysms, cardiac procedures, dental and spinal procedures. Less-invasive surgical procedures with enhanced capabilities in the areas of imaging, micromachining, robotic equipment and components, software systems and others are becoming popular in the healthcare industry.

TBRC’s minimal invasive surgery devices market report covers:

Major Market Players: Abbott Laboratories, GE Healthcare, Medtronic PLC, Siemens Healthineers, and Smith & Nephew Plc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Minimal Invasive Surgery Devices Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides minimal invasive surgery devices market overviews, analyzes and forecasts market size, share, minimal invasive surgery devices market players, minimal invasive surgery devices market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s minimal invasive surgery devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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