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

The global minimally invasive surgical instruments market is expected to grow from $30.32 billion in 2021 to $32.57 billion in 2022 at a compound annual growth rate (CAGR) of 7.4%. The growth in the market is mainly due to the companies rearranging their operations and 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 minimally invasive surgical instrument market is expected to reach $43.35 billion in 2026 at a CAGR of 7.41%.

The rise in the number of surgical procedures is expected to propel the growth of the minimally invasive surgical instruments market.

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The minimally invasive surgical instruments market consists of sales of minimally invasive surgical instruments by entities (organizations, sole traders, and partnerships) that are used for performing less traumatic surgeries for the patients. Minimally invasive surgery is performed by using small incisions (cuts) and a few stitches. During the surgery, one or more small incisions are made in the body, in order to guide the surgery, a laparoscope (thin, tube-like equipment with a light and a lens for seeing) is introduced through one of the openings. Minimally invasive surgery results in less discomfort, scarring, and tissue damage, as well as a faster recovery time than traditional surgery.

Global Minimally Invasive Surgical Instruments Market Segments Include:

By Product: Handheld Instruments, Inflation Systems, Cutter Instruments, Guiding Devices, Electrosurgical Devices, Auxiliary Instruments

Type of Procedure Outlook: Robotic, Non-Robotic

By Application: Cardiothoracic Surgery, Gastrointestinal Surgery, Orthopedic Surgery, Gynecological Surgery, Cosmetic and Bariatric Surgery, Vascular Surgery, Urological Surgery

By End-User: Hospitals, Ambulatory Surgical Clinics, Research Institutes

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the minimally invasive surgical instruments market in 2021.

The development of low-cost surgical robotic systems is a key trend gaining popularity in the minimally invasive surgical instruments market. Due to the growth prospects for minimally invasive surgery in a variety of medical domains, robot-assisted surgery has fast grown in popularity. As the market for robotic surgery approaches a decade of commercial use, new surgical modalities with new technologies, smaller dimensions, and lower costs are becoming accessible.

TBRC’s minimally invasive surgical instruments market report covers:

Major Market Players: Abbott Laboratories, Inc, Aesculap Inc, AMNOTEC International Medical GmbH, Applied Medical Resources Corporation, B. Braun Melsungen AG, Becton, Dickinson and Company, Boston Scientific Corporation, CONMED Corporation, EndoMed Systems GmbH, FUJIFILM Holdings Corporation, HOYA Corporation, Intuitive Surgical, Inc., KARL STORZ SE & Co. KG, KLS Martin Group, Koninklijke Philips N.V., Microline Surgical, NuVasive, Inc., Olympus Corporation, Scanlan International, Inc., Smith & Nephew plc, Ethicon Inc, and GE Healthcare.

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 (2016-21) and ten years forecast (2022-2026-2031)

The Minimally Invasive Surgical Instruments Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides minimally invasive surgical instruments market overviews, analyzes and forecasts market size, share, minimally invasive surgical instruments market players, minimally invasive surgical instruments market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s minimally invasive surgical instruments market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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