Minimally Invasive Surgical Instruments Market was valued at USD 18940 million in 2023 and is expected to reach USD 31630 million by 2030, at a CAGR of 7.6 %.
The minimally invasive surgical instruments market refers to the sector within the medical device industry that specializes in the design, manufacturing, and distribution of surgical instruments used in minimally invasive procedures. Minimally invasive surgery (MIS) techniques involve performing surgical procedures through small incisions or natural body openings, such as the mouth or nostrils, with the assistance of specialized instruments and imaging technology. The primary goal of minimally invasive surgery is to minimize trauma to the patient's body, reduce recovery time, and enhance overall patient outcomes.
Top Key Players Covered in Minimally Invasive Surgical Instruments Market:
Medtronic plc (Ireland), Johnson & Johnson (US), Stryker Corporation (US), Abbott Laboratories Inc. (US), Boston Scientific Corporation (US), B. Braun Melsungen AG (Germany), CONMED Corporation (US), Smith & Nephew plc (UK), Zimmer Biomet Holdings Inc. (US), Becton, Dickinson and Company (US), The Cooper Companies Inc. (US), HOYA Corporation (Japan), Surgical Innovations Group plc (UK), Koninklijke Philips N.V. (Netherlands), FUJIFILM Holdings Corporation (Japan.
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The report Minimally Invasive Surgical Instruments Market report provides an in-depth analysis of the Minimally Invasive Surgical Instruments Market including a detailed description of market growth and size, value, and the key opportunities in the market, as well as an outline of the factors that are and will be driving the industry's growth, taking previous growth patterns into account. The global Minimally Invasive Surgical Instruments Market report provides an in-depth analysis of the market state of Minimally Invasive Surgical Instruments Market manufacturers, including the latest facts and data, SWOT analysis, and expert views from around the world. The cost structure, market size, Keyword Sales, Gross Margin and Market Share, Price, Revenue, Size, Forecast, and Growth Rate are all calculated in the report. The income earned from the sale of This Study and technologies by various application industries is considered in the report.
Segmentation Analysis of the Minimally Invasive Surgical Instruments Market Report:
The Minimally Invasive Surgical Instruments Market can be segmented based on various factors to understand the industry comprehensively. Common segmentation criteria include:
By Instrument Type
- Handheld Instruments
- Inflation Devices
- Cutter Instruments
- Electrosurgical Devices & Electrocautery Instruments
By Laparoscopic Method
- Robotic
- Traditional
By Type Of Surgery
- Gastrointestinal
- Cardiothoracic
- Gynecological
- Urological
- Orthopedic
By End-User
- Hospitals
- Ambulatory Surgery Centers
Intelligent Agencies Market share data Market Segment by Regions and Countries Level Analysis:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Key Industry Developments in the Global Minimally Invasive Surgical Instruments Market:
- In February 2023, Encision Inc. signed a Proof of Concept Services Agreement with Vicarious Surgical Inc. The Vicarious surgical robot design plans to boost precision, control, and visualization of instruments in robotic-assisted minimally invasive surgery.
- In January 2023, PENTAX Medical obtained CE marks for its PENTAX Medical INSPIRA, the new premium video processor, and the i20c video endoscope series. The new video processor maintains compatibility with PENTAX Medical's recent endoscope models and sets new standards with the new i20c video endoscope generation.
- In August 2022, VISEON Inc. received the prestigious Quality Management certificate under the MDR or Medical Device Regulation of the European Union. The EU-MDR is regarded as the set of rules and regulations that effectively govern the global production & distribution of medical devices in the EU. Viseon, Inc. aims to advance the level of MI surgeries to such an extent that it will entirely change its market outlook in the future by improvising the surgical procedures, surgeon experiences, patient outcomes, etc.
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