Minimally Invasive Surgical Instruments Market By Device (Guiding Devices, Inflation Devices, Handheld Instruments, Cutter Instruments, Electrosurgical Devices, Auxiliary Devices, and Monitoring & Visualization Devices), Application, End-Use, and Geography – Global Forecast up to 2026

  • April, 2021
  • Domain: Healthcare - Medical Devices
Pages: 98
Tables: 73
Charts: 109
Regions/Countries: 4/10
Companies: 13
Enquiry Hours: 10
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Minimally invasive surgery diminishes the number of incisions completed in surgery to reduce trauma inflicted on the body. This surgery is less painful, causes less scarring, and involves less hospital stay. Constant technological developments, an increase in the frequency of chronic diseases, and intensification in medical tourism in developing countries drive the market's development. But, improper sterilization procedures and inadequate quality assurance related to performance are anticipated to limit the market development. The market is segmented based on product, application, end-user, and geography. The Minimally Invasive Surgical Instrument Market is expected to grow at a 9.2% CAGR by 2026.

Research Methodology:

The Minimally Invasive Surgical Instrument Market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology and a unique balance of primary insights. The real-time valuation of the market is an integral part of our forecasting and market sizing methodology. Industry experts and our primary participants have helped to compile related aspects with accurate parametric estimations for a complete study. The primary participants share is given below:

Minimally Invasive Surgical Instrument Market

Minimally Invasive Surgical Instruments Market based on Device

  • Handheld Instruments
  • Inflation Devices
  • Cutter Instruments
  • Guiding Devices
  • Electrosurgical Devices
  • Auxiliary Devices
  • Monitoring & Visualization Devices

Minimally Invasive Surgical Instruments Market based on Application

  • Cardiac
  • Gastrointestinal
  • Orthopedic
  • Vascular
  • Gynecological
  • Urological
  • Thoracic
  • Cosmetic
  • Dental
  • Others

Minimally Invasive Surgical Instruments Market based on End Use

  • Hospitals & Clinics
  • Ambulatory Surgical Centers

Minimally Invasive Surgical Instrument Market by Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

On the basis of device, Handheld instruments accounted for the largest share of the MIS instruments market in 2018. This segment's large share can be qualified to the low-cost articulating laparoscopic handheld surgical instruments, development of high-dexterity, and the growing number of surgical procedures.

On the basis of application, the large share of this segment can be qualified to the growing frequency of cardiac diseases, the growing number of coronary and percutaneous cardiology interventions, growing consciousness about the early detection of cardiovascular complications, and growing adoption of MIS instruments.

According to the end-users market, the market has been furcated into hospitals & clinics, and ambulatory centers. The significantly increasing number of end-users for the minimally invasive surgical instruments are ambulatory centers. This is due to the increasing number of ambulatory centers, and these centers provide surgeries to patients at affordable costs compared to hospitals and have higher flexibility of scheduling. Moreover, the increasing trend of outpatient surgeries is also responsible for the segment growth.

North American countries owing to early diagnosis and treatment, high cost of procedures as linked to developing regions, growing number of surgical centers, and increasing adoption of minimally invasive surgical techniques are driving the development of the North American market during the forecast period.

The old population has been rising significantly across the world and is more susceptible to many diseases such as cancer, cardiovascular, stroke, ocular, diabetes, gastric problems, and intestinal problems. Amidst them, cardiovascular diseases are one of the significant causes of deaths worldwide. Also, stroke is one of the leading causes of death, accounting for 11.13% of the world's total deaths. Thus, the above-mentioned increasing diseases among the old population are accelerating the market growth.

This report gives the profiles of companies leading the Minimally Invasive Surgical Instrument market: Medtronic plc, Johnson & Johnson, Stryker Corporation, B. Braun Melsungen AG, Smith & Nephew plc, Boston Scientific Corporation, and CONMED Corporation.

  • This report offers an overall analysis of the Minimally Invasive Surgical Instrument market growth drivers, restraints, opportunities, and other related challenges.
  • This report depicts the market developments such as new product launches, mergers and acquisitions, diversification, and joint ventures of the market players.
  • This report also describes all potential segments and sub-segments present in the market to help the companies in strategic business planning.

This report also gives the regional analysis of the Minimally Invasive Surgical Instrument market in terms of market penetration across the world.

 

  1. Executive Summary
  2. Industry Outlook
    1. Industry Overview
    2. Industry Trends
  3. Market Snapshot
    1. Market Definition
    2. Market Outlook
      1. Porter Five Forces
    3. Related Markets
  4. Market characteristics
    1. Market Overview
    2. Market Segmentation
    3. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
    4. DRO - Impact Analysis
  5. Device: Market Size & Analysis
    1. Overview
    2. Handheld Instruments
    3. Inflation Devices
    4. Cutter Instruments
    5. Guiding Devices
    6. Electrosurgical Devices
    7. Auxiliary Devices
    8. Monitoring & Visualization Devices
  6. Application: Market Size & Analysis
    1. Overview
    2. Cardiac
    3. Gastrointestinal
    4. Orthopedic
    5. Vascular
    6. Gynecological
    7. Urological
    8. Thoracic
    9. Cosmetic
    10. Dental
    11. Others
  7. End User: Market Size & Analysis
    1. Overview
    2. Hospitals & Clinics
    3. Ambulatory Surgical Centers
  8. Geography: Market Size & Analysis
    1. Overview
    2. North America
    3. Europe
    4. Asia Pacific
    5. Rest of the World
  9. Competitive Landscape
    1. Competitor Comparison Analysis
    2. Market Developments
      1. Mergers and Acquisitions, Legal, Awards, Partnerships
      2. Product Launches and execution
  10. Vendor Profiles
    1. Koninklijke Philips N.V.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    2. Surgical Innovations Group plc
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    3. Smith & Nephew plc
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    4. Becton, Dickinson and Company
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    5. Boston Scientific Corporation
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    6. Applied Medical Resources Corporation
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    7. Biolitec AG, CONMED Corporation
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    8. The Cooper Companies Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    9. Zimmer Biomet Holdings Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    10. HOYA Corporation
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
  11. Companies to Watch
    1. Abbott Laboratories Inc.
      1. Overview
      2. Products & Services
      3. Business Strategy
    2. FUJIFILM Holdings Corporation
      1. Overview
      2. Products & Services
      3. Business Strategy
    3. KLS Martin Group
      1. Overview
      2. Products & Services
      3. Business Strategy
  12. Analyst Opinion
  13. Annexure
    1. Report Scope
    2. Market Definitions
    3. Research Methodology
      1. Data Collation and In-house Estimation
      2. Market Triangulation
      3. Forecasting
    4. Report Assumptions
    5. Declarations
    6. Stakeholders
    7. Abbreviations

Research Framework

Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

Market related information is congregated from both primary and secondary sources.

Primary sources

involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

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