Minimally Invasive Surgery Market to Experience Substantial Growth of USD 73,116.25 Million by 2029, Size, Share, Trends, Key Drivers, Growth and Opportunity Analysis
HOUSTON, Feb. 20, 2023 (GLOBE NEWSWIRE) — “Minimally Invasive Surgery Market” is the title of a new report from Data Bridge Market Research. Key growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and competitive environment are all dissected in detail in the research. The minimally Invasive Surgery market document furnishes a comprehensive analysis of the market structure along with a forecast of the various segments and sub-segments of the Minimally Invasive Surgery industry can be obtained. This industry report has all the market shares and approaches of key players in the market. It also includes exhaustive profiles of the Minimally Invasive Surgery market’s major manufacturers and importers who are influencing the market. An array of key factors are analyzed in the report, which will guide the buyer in studying the Minimally Invasive Surgery industry. Competitive landscape analysis is conducted on the basis of prime manufacturers, trends, opportunities, marketing strategies analysis, market effect factor analysis and consumer needs by major regions, types, and applications in the global Minimally Invasive Surgery market considering the past, present and future state of the industry.
The Global Minimally Invasive Surgery Market was valued at USD 38,069.40 million in 2021 and is expected to reach USD 73,116.25 million by 2029, registering a CAGR of 8.50% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Minimally invasive surgery refers to a surgical procedure that is conducted with a small incision in the place of large opening. Minimally invasive surgery is known to be a technique with fewer complications, shorter hospital stay and less pain. Minimally invasive surgical procedures are used in various surgeries, such as cardiothoracic surgery, gastroenterology, heart surgery, and gastroesophageal reflux disease, among others.
Wide range of techniques are used for operating with minimally damage to the body among surgeons. Minimally invasive surgery can be performed with both diagnostic and treatment surgeries. The increase in the number of surgical procedures is escalating the growth of minimally invasive surgery market.
The Global Market Is Analyzed in Depth in the Latest Study. Taking into account the current level of competition and its projected evolution over the next few years.
Rapidly increasing demands, a rise in industrialization, consumer awareness, growing sectors, and technical improvements are fueling the expansion of the global Minimally Invasive Surgery market. Sales and revenue in this sector have increased at an exponential rate. The market’s size and growth are both expected to increase thanks to the factors driving the market’s expansion over the projected period.
Leading businesses in the worldwide Minimally Invasive Surgery market are investing heavily in R&D in order to build a larger client base and expand their share of the market by reintroducing improved products to consumers. All of the companies’ strategy, as well as their financial health, revenue, gross margin, and growth rate, are detailed in the study.
Opportunities
Furthermore, adoption of advanced robotics in ASCs extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Rise in awareness regarding advantages of MIS over open surgical techniques will further expand the market.
Recent Development
- Ethicon, part of the Johnson and Johnson Medical Devices Companies launched ECHELON+ Stapler with GST Reloads in March’2021. This powered surgical stapler enhances staple line security and decline complications through more uniform tissue compression.
Competitive Landscape
The research promotes high-end commercialization and profit-steering opportunities, and it takes market dimensions and volatility into account.
This section of the report also focuses on accurately decoding the competitive landscape with astute high-end identification of frontline players, complete with an in-depth analytical study of their business choices and investment discretion, to ensure thoroughly impeccable investor participation and noteworthy growth prospects.
To ensure a smooth ride and hopeful business returns despite numerous odds and unprecedented hurdles, this research has carefully gauged facts pertaining to portfolio advancements, geographical presence, and other essential market details.
The Minimally Invasive Surgery Market is Dominated by Firms Such as
- Fortimedix Surgical (Netherlands),
- OmniGuide Holdings, Inc. (US),
- Eximis Surgical, Inc. (US),
- Johnson & Johnson Services, Inc. (US),
- Applied Medical Resources Corporation (US),
- Freudenberg Medical (US), and
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Key Market Segments Covered in Minimally Invasive Surgery Industry Research
Product Type
- Monitoring and Visualization Systems
- Electrosurgical Equipment
Application
- Orthopedic and Spine Surgery
- Ear, Nose and Throat Surgery
Technology
End User
- Hospital Surgical Department
- Outpatient Surgery Patients
Key Industry Drivers:
The increase in funding from private and government organizations in the development of healthcare infrastructure acts as one of the major factors driving the growth of the minimally invasive surgery market.
- Increase in Prevalence of Chronic Diseases
The rise in the prevalence of chronic diseases, such as kidney disease, respiratory disease, gastrointestinal disease, and heart disease, among others accelerates the market growth.
- The popularity of Minimally Invasive Surgery
The surge in the inclination towards minimally invasive surgery owing to the various advantages, including fewer complications, shorter hospital stay and less pain further influence the market.
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Minimally Invasive Surgery Market Regional Analysis/Insights:
The countries covered in the minimally invasive surgery market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America dominates the minimally invasive surgery market because of the rise in healthcare spending and increasing prevalence of chronic disorders within the region
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increased cases of road crashes, and a rapidly developing economy in the region
It’s in your best interest to take this report into consideration because:
- Strong and extensive research methods were used to construct this study. The thoroughness and precision of the market reports produced by Data Bridge Market Research have earned them a great reputation.
- The wide range of research on how these innovations may affect market expansion in the future.
- The report’s findings are presented in an approachable format, with accompanying visuals (such as histograms, bar graphs, pie charts, etc.) that make the data readily digestible.
- The potential, threats, and difficulties in the Minimally Invasive Surgery market, as well as the factors driving and restraining it, are discussed at length.
- It gives an all-encompassing evaluation of the anticipated conduct of the future market and the changing market condition.
- This study provides a number of strategic business approaches to assist you in making educated business decisions.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Minimally Invasive Surgery Market: Regulations
- Market Overview
- Global Minimally Invasive Surgery Market, By Product Type
- Global Minimally Invasive Surgery Market, By Application
- Global Minimally Invasive Surgery Market, By Technology
- Global Minimally Invasive Surgery Market, By End User
- Global Minimally Invasive Surgery Market, By Region
- Global Minimally Invasive Surgery Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
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Explore More Reports:
- Middle East and Africa Minimally Invasive Surgery Market, By Product Type (Surgical Devices, Monitoring & Visualization Systems, Laparoscopy Devices, Endosurgical Equipment and Electrosurgical Equipment), Application (Gastrointestinal Surgery, Gynecology Surgery, Urology Surgery, Cosmetic Surgery, Thoracic Surgery, Vascular Surgery, Orthopedic & Spine Surgery, Bariatric Surgery, Breast Surgery, Cardiac Surgery, Adrenalectomy Surgery, Anti-Reflux Surgery, Cancer Surgery, Cholecystectomy Surgery, Colectomy Surgery, Colon & Rectal Surgery, Ear, Nose & Throat Surgery and Obesity Surgery), Technology (Transcatheter Surgery, Laparoscopy Surgery, Non-Visual Imaging and Medical Robotics), End Users (Hospital Surgical Department, Outpatient Surgery Patients, Group Practices and Individual Surgeons), Country (South Africa, Saudi Arabia, UAE, Egypt, Kuwait, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/middle-east-and-africa-minimally-invasive-surgery-market
- Biosurgery Market, By Product (Bone-Graft Substitutes, Soft-Tissue Attachments, Hemostatic Agents, Surgical Sealants and Adhesives, Adhesion Barriers and Staple-Line Reinforcement Agents), Application (General Surgery, Cardiovascular Surgery, Orthopaedic Surgery, Neurological Surgery, Reconstructive Surgery, Gynaecological Surgery, Thoracic Surgery and Urological Surgery), End (Hospitals, Clinics and Others) https://www.databridgemarketresearch.com/reports/global-biosurgery-market
- Electrosurgery Market, By Product Type (Electrosurgical Instruments, Electrosurgical Generators, Electrosurgical Accessories and Smoke Evacuation Systems), Surgery Type (General Surgery, Gynecological Surgery, Urologic Surgery, Orthopedic Surgery, Cardiovascular Surgery, Cosmetic Surgery, Neurosurgery and Others), End User (Hospitals, Clinics, and Ablation Centers, Ambulatory Surgical Centers, Research Laboratories and Academic Institutes) https://www.databridgemarketresearch.com/reports/global-electrosurgery-market
- Cardiac Surgery Instruments Market, By Instrument Type (Forceps, Scissors, Clamps and Dilators, Needle Holders and Needles, Retractors and Rongeurs, Others), Sales Channel (Online Retailing, Offline Retailing), Application (Coronary Artery Bypass Grafting (CABG), Heart Valve Repair and Replacement, Implantable Cardioverter Defibrillator (ICD), Paediatric Cardiac Surgery, Heart Transplant, Others), End User (Hospitals, Cardiac Clinics, Ambulatory Surgery Centres, Others) https://www.databridgemarketresearch.com/reports/global-cardiac-surgery-instruments-market
- Lung Cancer Surgery Market, By Product Type (Surgical Instruments, Monitoring & Visualizing System, Endosurgical Equipment, Robotic-Assisted Thoracic Surgery Systems And Others), Surgical Procedure (Thoracotomy And Minimally Invasive Surgery), Patient Type (Male And Female), End User (Hospitals, Ambulatory Surgical Centres, Academic & Research Laboratories, Speciality Cancer Care Centres And Others), Distribution Channel (Direct Tender, Retail Sales, Online Sales and Others) https://www.databridgemarketresearch.com/reports/global-lung-cancer-surgery-market
- Microsurgery Market, By Application (General Surgery, Neurosurgery, Ophthalmology, Orthopedic Surgery, Plastic Surgery, Oncology, Gynecological Surgery, Oral Surgery, Pediatric Surgery), Procedure (Transplantation, Replantation, Treatment of Infertility, Free Tissue Transfer), Equipment Type (Microsurgical Instruments, Microscope, Micro sutures Materials), End User (Hospitals, Clinics, Research Organization, Ambulatory Surgery Centers and Academic and Research Centers), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-microsurgery-market
- Cosmetic Surgery and Services Market, By Type (Surgical, Non-Surgical), Application (Body Contouring, Facial Reconstruction, Skin Rejuvenation, Cosmetic Implants, Breast Enhancement), Product Segment (Facial Injectables, Botox, Dermafillers, Neuromodulators), Services (Surgical Services, Non-Surgical and Laser Services, Skin Care Services), End User, (Hospitals, Surgical Centers, Ambulatory Surgical Centers), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-cosmetic-surgery-and-services-market
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