The global Minimally Invasive Medical Devices market was valued at US$ 17940 million in 2020 and is expected to reach US$ 24370 million by the end of 2027, growing at a CAGR of 4.0% during 2021-2027.
Minimally invasive surgery is performed without making a major incision or opening, resulting in less trauma for the patient and yielding significant cost savings. These result from shorter hospitalization times and reduced therapy requirements. Other benefits of minimally invasive surgery are less pain, less need for postsurgical pain medication, less scarring, and less likelihood of complications related to the incision.
Thus, minimally invasive surgery is defined either as based on the operative procedure (e.g., small incisions) or the outcome (reduced surgical complications or costs). However, minimally invasive is not the same as minor surgery. Some “minimally invasive” procedures, (e.g., coronary artery bypass surgery), still are major operations requiring a hospital stay.
This report focus on Minimally Invasive Medical Devices market.
Global Minimally Invasive Medical Devices Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Minimally Invasive Medical Devices Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Boston Scientific, Clarus Medical, Karl Storz, Mako Surgical, Pentax Medical, Olympus Surgical, Convergent Laser, Hitachi Medical, Lumenis, Photomedex, Surgical Innovations, Smith & Nephew, Integrated Endoscopy, Vision Sciences, Ethicon Endo-Surgery, Cooper Surgical, Teleflex, Medtronic, Richard Wolf, Curexo Technology, Intuitive Surgical, Hansen Medical, Aesculap, Stryker Corporation, ConMed Corporation, Abbott Laboratories, Applied Biomedical Resources Corporation, Microline Surgical, Zimmer Biomet and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Handheld Instruments
- Guiding Devices
- Inflation Systems
Segment by Application
- Cardiothoracic Surgery
- Orthopedic Surgery
- Gastrointestinal Surgery
Table of Content:
1 Minimally Invasive Medical Devices Market Overview
2 Minimally Invasive Medical Devices Market Competition by Manufacturers
3 Minimally Invasive Medical Devices Retrospective Market Scenario by Region
4 Global Minimally Invasive Medical Devices Historic Market Analysis by Type
5 Global Minimally Invasive Medical Devices Historic Market Analysis by Application
6 Key Companies Profiled
7 Minimally Invasive Medical Devices Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Minimally Invasive Medical Devices Market Dynamics
10 Global Minimally Invasive Medical Devices Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.