Global Minimally Invasive Surgical Instruments Market is valued at USD 20.18 Billion in 2021 and expected to reach USD 32.19 Billion by 2028 with a CAGR of 7.38% over the forecast period.
Increasing number of surgeries, rising adoption of minimally invasive surgeries, and growing geriatric population are some of the major factors driving the growth of the Global Minimally Invasive Surgical Instruments Market.
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Minimally invasive surgical instruments to be defined as “non-invasive” would mean that it does not go into the body. The instruments used in minimally invasive surgeries are known as minimally invasive surgical instruments. Examples of minimally invasive surgical instruments include external bandages, blood pressure monitors, hearing aids, stethoscopes, x-ray, splints, and MRI machines. Minimally invasive surgeries (MIS) are considered of as less painful than ordinary open medical procedures in light of the fact that these open medical procedures are performed with conventional laparoscopic instruments which make it complex. The minimally invasive laparoscopic cameras are for the most part embedded with the help of specific little instruments through little cuts. The patients generally recover quicker after these techniques with lesser pain when compared with other type of medical procedures. Minimally invasive surgery can result in less pain, scarring, and damage to healthy tissues and the patient may recover faster than conventional surgery. Minimally invasive surgery permits surgeon to utilized techniques that limit the size and number of cuts or incisions they may require to make. It is generally considered safer than open surgery.
Minimally Invasive Surgical Instruments Market Key Players
- Ethicon, Inc. (Johnson & Johnson)
- Abbott Laboratories
- Depuy Synthes
- Intutive Surgical, Inc.
- NuVasive, Inc.
- Zimmer Biomet
Global Minimally Invasive Surgical Instruments Market Segmentation:
- Electrosurgical Devices
- Monitoring & Visualization Devices
- Cutter Instruments
- Guiding Devices
- Handheld Instruments
- Inflation Devices
- Auxiliary Devices
- Gastrointestinal Surgery
- Gynecological/Urological Surgery
- Orthopedic Surgery
- Cosmetic/Bariatric Surgery
- Cardiothoracic Surgery
- Ambulatory Surgical Centers (ASCs)
- Hospitals & Clinics
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News- Striker Announced that They have Launched a Procedure Guide for Minimally Invasive Bunion Procedures
On February 24th, 2022; Striker announced that they have launched their new Prostep MICA solo guide for minimally invasive bunion procedures. Kalamazoo, a Michigan-based striker, has designed the Prostep MICA all-in-one procedure guide for use by a single surgeon, eliminating the need for additional surgical assistance during minimally invasive bunion operations.
Max Hospital Launched Surgical Robot with Da Vinci Xi to Minimize Aggressive Surgery with Robotic Assistance
On November 10th, 2021; Max Hospital launched Da Vinci Xi Surgical Robot to perform robotic-assisted minimally invasive surgeries. The da Vinci system translates a specialist’s hand developments at the console in real time, twisting and rotating the instruments while going through the procedure. The Da Vinci Shi surgical robot enables surgeons to perform complex surgeries with increased accuracy and flexibility in a variety of disciplines, including oncology, minimal access, urology, bariatric and robotic surgery, gynecology, thoracic surgery, and general surgery.
Hitachi Metals Launched a New Website to Introduce Medical Fine-Gauge Cable Globally for Minimally Invasive Devices
On March 30th, 2021; Hitachi Metals, Ltd. (Hereinafter “HML”) announced their revived website for 2021. The new format is designed to help customers navigate more accurately and understand the best medical products and services that HML offers to newcomers around the world. The website highlights a small sample of the company’s many strengths as global manufacturers, catheter tubing for surgical catheters, micro-gauge wire technology for disposable endoscopes or non-sticky silicone for surgical robotics, and complex bundle cables.
North America is Expected to Dominate the Global Minimally Invasive Surgical Instruments Market
Geographically, North America is expected to dominate the global minimally invasive surgical instruments market within the forecast period due to the increasing geriatric population, rising medical tourism for cosmetic surgery, and growing technological advancement in this region. For instance; according to Rural Health Information Hub, on April 6th, 2019; there were 46 million people aged 65 in the U.S. The number of geriatric people is projected to double to 90 million by 2050. And, growing technological advancements area also boosting the growth of the market. For example; in July 2020, Fujifilm Medical Systems USA Inc. launched its ELUXEO surgical method, which contains both the endoscopy and minimally invasive surgery arrangement of the organization and helps specialists in performing adaptable and rigid endoscopy from a solitary tower by giving better visualization.
The Asia Pacific is expected to show the fastest growth in the global minimally invasive surgical instruments market due to increasing demand for minimally invasive surgery and the presence of key players in this region. For instance; as per the news published, on March 30th, 2020; Hitachi Metals, Ltd. launched an innovative website to initiate medical fine-gauge cable worldwide for minimally invasive devices.
On Special minimally invasive surgical instruments market Report is also available for the below Regions and Countries:
- Rest of Europe
- South Korea
- Rest Of APAC
- Rest of South America
The Middle East and Africa
- Saudi Arabia
- South Africa
- Rest Of MEA
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of the market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are the main factors responsible for new product launches?
- How big are the global & regional markets in terms of revenue, sales, and production?
- How far will the market grow in the forecast period in terms of revenue, sales, and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2028?
- Which region has more opportunities?
Key Benefits of Global Minimally Invasive Surgical Instruments Market Report:-
- Global Minimally Invasive Surgical Instruments Market report covers in-depth historical and forecasts analysis
- Global Minimally Invasive Surgical Instruments Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, and Regional and Country levels.
- Global Minimally Invasive Surgical Instruments Market report helps to identify opportunities in the marketplace.
- Global Minimally Invasive Surgical Instruments Market report covers an extensive analysis of emerging trends and the competitive landscape.
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