Global Minimally Invasive Surgical Instruments Market Overview

Minimally Invasive Surgical Instruments Market was valued at USD 18940 million in 2021 and is expected to reach USD 31630 million by the year 2028, at a CAGR of 7.6 %.

Minimally invasive surgical instruments are utilized for making one or more small incisions on the body to access the body cavity of interest. In some surgical procedures, these tools shorten the length of the surgery by 10 to 20 percent, benefiting surgeons by decreasing the considerable physical stress associated with open surgical procedures. Minimally invasive surgical instruments are made of stainless steel, Titanium, Tantalum, Platinum, and Palladium. Various instruments having different functions are utilized in minimally invasive surgical procedures such as endo stapler, trocars, electrosurgical, cutter, and laparoscopic instruments. Endostapler is utilized in minimally invasive surgical procedures to provide simultaneous cutting and stapling. These staplers can be electronic or manual. Trocars are the working ports where laparoscopic instruments are inserted and are also utilized for insufflation or removal of specimens. The laparoscopic instruments can perform functions such as grasping, retracting, cutting, cauterizing, and others. The growing prevalence of chronic disease and the rising number of geriatric populations are the main factors stimulating the development of the minimally invasive surgical instruments market in the analysis period.

Minimally Invasive Surgical Instruments Market

Market Dynamics and Key Factors of Minimally Invasive Surgical Instruments Market

Drivers:

Individuals’ inclination towards minimally invasive surgical procedures

The growing awareness about the benefits of minimally invasive surgical procedures is the vital factor stimulating the development of the minimally invasive surgical instruments market during the projected period. This rising inclination towards laparoscopy is attributed to several benefits, such as better surgical outcomes for patients and resource optimization for healthcare services. Furthermore, this surgical procedure has constantly evolved over the past few years, mainly due to the training efforts of surgeons and technological advances of surgical equipment. Moreover, minimally invasive surgeries have multiple advantages over the traditional type of surgeries such as decreased postoperative pain, shorter stay at the hospital, less amount of scaring, low damage to the tissue, and perioperative blood loss which are increasing the popularity of minimally invasive surgeries across the globe. One of the most important advantages of minimally invasive surgery is the quick recovery period, the incisions and trauma from minimally invasive surgery heal much more quickly than an open operative procedure. This helps patients in returning to their normal activities much more rapidly than they would have been able to with traditional surgery thus, consolidating the expansion of the minimally invasive surgical instruments market during the analysis period.

Restraints:

High cost of surgical procedures

The high prices of the instruments utilized in minimally invasive surgery procedures, and problems faced by healthcare professionals such as reduced freedom of movements due to the fixed location of the surgical ports, the need for high precision through long instruments, loss of tactile feedback (no direct touch of intracorporeal anatomical structures), and the usage of two-dimensional vision instead of real stereoscopic (3D) vision are the main factors hampering the expansion of minimally invasive surgical instruments market in the projected period.

Opportunities:

The rise in the healthcare expenditure

The growing geriatric population and the increasing prevalence of chronic disorders that require surgical attention are increasing day by day. According to a report published by NCBI, 310 million major surgeries are performed each year. The WHO reported approximately 10 million deaths in 2020 due to cancer. With the help of minimally invasive surgery instruments, biopsy procedures in cancer have become more comfortable. The continuous research and development activities have resulted in the development of advanced tools that can reduce the time required for certain surgical procedures. The adoption of this novel technique by several healthcare providers is creating profitable opportunities for the market players involved in the production of minimally invasive surgery instruments. The economies in the Asia-Pacific and the Middle East are the main hot spots for the development of the minimally invasive surgical instruments market in the analysis period. This can be attributed to the low regulatory barriers, the rise in healthcare expenditure, and the growing geriatric population thus, creating a profitable opportunity for the market players.

Challenges:

Shortage of skilled healthcare professionals

The shortage of highly skilled professionals is the main challenge responsible for the slow growth of the minimally invasive surgical instruments market. Moreover, for regulatory approval of medical devices, it takes a significant amount of time. This leads to additional expenditure by companies to increase the speed of clinical trials. The high cost involved in the manufacturing, and R&D procedures may prevent new entrants from entering the market.

Market Segmentation

Segmentation Analysis of Minimally Invasive Surgical Instruments Market:

Depending on the product, the handheld segment is forecasted to have the highest share of the minimally invasive surgical instruments market attributed to the rising inclination towards safer surgical procedures and the technological innovations in handheld instruments. Compact designs, portable devices, and the availability of suction mode in handheld devices are the main factors driving the growth of the segment in the forecast period. This segment is projected to reach US$ 7.3 billion by the end of the analysis period.

Depending on the type of metal, the stainless-steel segment is anticipated to dominate the minimally invasive surgical instruments market in the analysis period attributed to its durability and high corrosion resistance. Furthermore, it can withstand temperatures as high as 400°C, thus it can be sterilized easily in an autoclave at 180°C. Most of the surgical instruments utilized in surgical procedures are made up of stainless steel. Stainless steel is formable into any shape, size, and type of surface thus, driving the growth of the segment.

Depending on the type of surgery, the orthopedic segment is anticipated to lead the minimally invasive surgical instruments market during the projected period. Minimally invasive surgery procedures decrease the tissue damage during orthopedic surgeries thus, reducing pain and blood loss. Knee and hip replacement are the most common orthopedic surgeries. According to a report published in The Journal of Rheumatology, the number of people undergoing hip replacement and knee replacement is going to reach 652,000 and 1,272,000 respectively by 2025, thus the demand for minimally invasive surgical instruments for orthopedic surgeries is going to increase in the forecast period.

Depending on end-users, the hospitals and specialty clinics segment is expected to dominate the minimally invasive surgical instruments market in the analysis period. The availability of highly skilled healthcare professionals is the essential factor driving the growth of this segment. Moreover, hospitals are the primary healthcare service providers in many companies and provide more patient satisfaction as compared to other end-users. Large-scale adoption and usage of minimally invasive surgery methods in hospitals and flexible reimbursement policies are the vital factors strengthening the expansion of this segment in the projected period.

Regional Analysis of Minimally Invasive Surgical Instruments Market:

The North American region is forecasted to have the highest share of the minimally invasive surgical instruments market. The presence of prominent companies in this region and the technological advancement of instruments utilized in minimally invasive surgery are the main factors stimulating the development of the market in this region. According to GI Alliance, each year 62 million individuals in the United States are diagnosed with a digestive disorder. Moreover, individuals in this region are becoming aware of the benefits of minimally invasive surgery for gastrointestinal procedures thus, fueling the development of the market in this region.

The European region followed by the North American region is expected to have the second-highest share of the minimally invasive surgical instruments market during the analysis period. There has been a significant rise in the number of individuals opting for minimally invasive surgery methods for procedures such as hysterectomies and repairs of inguinal hernias. The flexible insurance reimbursement policies and the highly developed healthcare infrastructure are the main factors strengthening the progress of the minimally invasive surgical instruments market in this region.

Asia-Pacific region is anticipated to develop at the highest CAGR during the projected period. The densely populated countries China, and India are the prominent contributors to the expansion of the market in this region. Moreover, the high adoption rate of medical technologies, rise in government investments, increasing incidence of gastrointestinal and bone disorders, and the high prevalence of lifestyle-associated disorders are the essential factors stimulating the development of the market in this region.

Players Covered in Minimally Invasive Surgical Instruments Market are:

  • 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)
  • KARL STORZ SE & Co. KG (Germany)
  • Applied Medical Resources Corporation (US)
  • KLS Martin Group (Germany)
  • Scanlan International Inc. (US)
  • Wexler Surgical (US)
  • STRAUSS SURGICAL (US)
  • AMNOTEC International Medical GmbH (Germany)
  • EndoMed Systems GmbH (Germany)
  • TROKAMED GmbH (Germany), and other major players.

COVID-19 Impact on Minimally Invasive Surgical Instruments Market

The outbreak of the COVID-19 pandemic disrupted the functioning of several industry verticals. To constrain the spread of the virus several restrictions were imposed on the imports and exports, which resulted in a shortage of raw materials required for the manufacturing of surgical instruments utilized in minimally invasive surgeries. The COVID-19 pandemic posed unprecedented stress on the healthcare systems worldwide. Both elective and emergency surgical procedures suffered in the pandemic period. Moreover, according to a study done on google trends, the relative search volume (RSV) was 95 at the start of the pandemic, and it tumbled to 51 during the first COVID-19 peak in April 2020. During the second peak in May 2021, the RSV was 80, these values indicate the interest of individuals in minimally invasive surgery methods in the given period. To summarize, during the COVID-19 pandemic, several surgical operations were postponed to curb the spread of the virus and decrease the stress on healthcare professionals. Thus, in the post-pandemic period, the number of minimally invasive surgeries is expected to rise exponentially thereby, propelling the growth of the market in the projected period. 

Recent Industry Developments In Minimally Invasive Surgical Instruments Market

  • In November 2021, Medtronic plc, a prominent company in healthcare technology, declared that the U.S. Food and Drug Administration (FDA), has permitted the usage of the PillCam Small Bowel 3 system developed by Medtronic for remote endoscopy surgeries. The PillCam SB3 @HOME technology integrates Medtronic's PillCam technology with Amazon logistics, incorporation intended to assure both timely and accurate results for patients from the comfort of their homes.
  • In June 2021, Abbott, the leading medical device manufacturing company, has introduced Amplatzer Piccolo Occluder in India. This is the globe's first medical device that can be implanted in babies, weighing as little as 700 gms by a minimally invasive surgery method to treat patent ductus arteriosus (PDA). The Amplatzer Piccolo is smaller than a pea size, and a new medical device will help premature babies who need corrective treatment, and those infants for whom surgery might be a life-threatening option.
  • In July 2020, FUJIFILM Medical Systems U.S.A., Inc., announced the launch of its innovative ELUXEO® Surgical System, an unrivaled medical equipment tower that encompasses products from the company endoscopy and minimally invasive surgery portfolios. The system leverages the company endoscopic image processing method that offers surgeons unparalleled visualization while performing both flexible and rigid endoscopy from a single tower.

Global Minimally Invasive Surgical Instruments Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 18940 Mn.

Forecast Period 2022-28 CAGR:

7.6%

Market Size in 2028:

USD 31630 Mn.

Segments Covered:

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

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Individuals’ Inclination Towards Minimally Invasive Surgical Procedures

Key Market Restraints:

  • High Cost of Surgical Procedures

Key Opportunities:

  • The Rise in The Healthcare Expenditure

Companies Covered in the report:

  • Medtronic plc, Johnson & Johnson, Stryker Corporation, Abbott Laboratories Inc, Boston Scientific Corporation, B. Braun Melsungen AG, CONMED Corporation and other major players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Instrument Type
 3.2 By Laparoscopic Method
 3.3 By Type of Surgery
 3.4 By End User

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Minimally Invasive Surgical Instruments Market by Instrument Type
 5.1 Minimally Invasive Surgical Instruments Market Overview Snapshot and Growth Engine
 5.2 Minimally Invasive Surgical Instruments Market Overview
 5.3 Handheld Instruments
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Handheld Instruments: Grographic Segmentation
 5.4 Inflation Devices
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Inflation Devices: Grographic Segmentation
 5.5 Cutter Instruments
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Cutter Instruments: Grographic Segmentation
 5.6 Guiding Devices
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Guiding Devices: Grographic Segmentation
 5.7 Electrosurgical & Electrocautery Instruments
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size (2016-2028F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Electrosurgical & Electrocautery Instruments: Grographic Segmentation

Chapter 6: Minimally Invasive Surgical Instruments Market by Laparoscopic Method
 6.1 Minimally Invasive Surgical Instruments Market Overview Snapshot and Growth Engine
 6.2 Minimally Invasive Surgical Instruments Market Overview
 6.3 Robotic
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Robotic: Grographic Segmentation
 6.4 Traditional
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Traditional: Grographic Segmentation

Chapter 7: Minimally Invasive Surgical Instruments Market by Type of Surgery
 7.1 Minimally Invasive Surgical Instruments Market Overview Snapshot and Growth Engine
 7.2 Minimally Invasive Surgical Instruments Market Overview
 7.3 Gastrointestinal
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Gastrointestinal: Grographic Segmentation
 7.4 Cardiothoracic
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Cardiothoracic: Grographic Segmentation
 7.5 Gynaecological
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size (2016-2028F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Gynaecological: Grographic Segmentation
 7.6 Urological
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size (2016-2028F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 Urological: Grographic Segmentation
 7.7 Orthopaedic
  7.7.1 Introduction and Market Overview
  7.7.2 Historic and Forecasted Market Size (2016-2028F)
  7.7.3 Key Market Trends, Growth Factors and Opportunities
  7.7.4 Orthopaedic: Grographic Segmentation

Chapter 8: Minimally Invasive Surgical Instruments Market by End User
 8.1 Minimally Invasive Surgical Instruments Market Overview Snapshot and Growth Engine
 8.2 Minimally Invasive Surgical Instruments Market Overview
 8.3 Hospitals
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2016-2028F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Hospitals: Grographic Segmentation
 8.4 Ambulatory Surgery Center
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2016-2028F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Ambulatory Surgery Center: Grographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Positioning
  9.1.2 Minimally Invasive Surgical Instruments Sales and Market Share By Players
  9.1.3 Industry BCG Matrix
  9.1.4 Ansoff Matrix
  9.1.5 Minimally Invasive Surgical Instruments Industry Concentration Ratio (CR5 and HHI)
  9.1.6 Top 5 Minimally Invasive Surgical Instruments Players Market Share
  9.1.7 Mergers and Acquisitions
  9.1.8 Business Strategies By Top Players
 9.2 MEDTRONIC PLC
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Operating Business Segments
  9.2.5 Product Portfolio
  9.2.6 Business Performance
  9.2.7 Key Strategic Moves and Recent Developments
  9.2.8 SWOT Analysis
 9.3 JOHNSON & JOHNSON
 9.4 STRYKER CORPORATION
 9.5 ABBOTT LABORATORIES INC.
 9.6 BOSTON SCIENTIFIC CORPORATION
 9.7 B. BRAUN MELSUNGEN AG
 9.8 CONMED CORPORATION
 9.9 SMITH & NEPHEW PLC
 9.10 ZIMMER BIOMET HOLDINGS INC.
 9.11 BECTON
 9.12 DICKINSON AND COMPANY
 9.13 THE COOPER COMPANIES INC.
 9.14 HOYA CORPORATION
 9.15 SURGICAL INNOVATIONS GROUP PLC
 9.16 KONINKLIJKE PHILIPS N.V.
 9.17 FUJIFILM HOLDINGS CORPORATION
 9.18 KARL STORZ SE & CO. KG
 9.19 APPLIED MEDICAL RESOURCES CORPORATION
 9.20 KLS MARTIN GROUP
 9.21 SCANLAN INTERNATIONAL INC.
 9.22 WEXLER SURGICAL
 9.23 STRAUSS SURGICAL
 9.24 AMNOTEC INTERNATIONAL MEDICAL GMBH
 9.25 ENDOMED SYSTEMS GMBH
 9.26 TROKAMED GMBH
 9.27 OTHER MAJOR PLAYERS

Chapter 10: Global Minimally Invasive Surgical Instruments Market Analysis, Insights and Forecast, 2016-2028
 10.1 Market Overview
 10.2 Historic and Forecasted Market Size By Instrument Type
  10.2.1 Handheld Instruments
  10.2.2 Inflation Devices
  10.2.3 Cutter Instruments
  10.2.4 Guiding Devices
  10.2.5 Electrosurgical & Electrocautery Instruments
 10.3 Historic and Forecasted Market Size By Laparoscopic Method
  10.3.1 Robotic
  10.3.2 Traditional
 10.4 Historic and Forecasted Market Size By Type of Surgery
  10.4.1 Gastrointestinal
  10.4.2 Cardiothoracic
  10.4.3 Gynaecological
  10.4.4 Urological
  10.4.5 Orthopaedic
 10.5 Historic and Forecasted Market Size By End User
  10.5.1 Hospitals
  10.5.2 Ambulatory Surgery Center

Chapter 11: North America Minimally Invasive Surgical Instruments Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Instrument Type
  11.4.1 Handheld Instruments
  11.4.2 Inflation Devices
  11.4.3 Cutter Instruments
  11.4.4 Guiding Devices
  11.4.5 Electrosurgical & Electrocautery Instruments
 11.5 Historic and Forecasted Market Size By Laparoscopic Method
  11.5.1 Robotic
  11.5.2 Traditional
 11.6 Historic and Forecasted Market Size By Type of Surgery
  11.6.1 Gastrointestinal
  11.6.2 Cardiothoracic
  11.6.3 Gynaecological
  11.6.4 Urological
  11.6.5 Orthopaedic
 11.7 Historic and Forecasted Market Size By End User
  11.7.1 Hospitals
  11.7.2 Ambulatory Surgery Center
 11.8 Historic and Forecast Market Size by Country
  11.8.1 U.S.
  11.8.2 Canada
  11.8.3 Mexico

Chapter 12: Europe Minimally Invasive Surgical Instruments Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Instrument Type
  12.4.1 Handheld Instruments
  12.4.2 Inflation Devices
  12.4.3 Cutter Instruments
  12.4.4 Guiding Devices
  12.4.5 Electrosurgical & Electrocautery Instruments
 12.5 Historic and Forecasted Market Size By Laparoscopic Method
  12.5.1 Robotic
  12.5.2 Traditional
 12.6 Historic and Forecasted Market Size By Type of Surgery
  12.6.1 Gastrointestinal
  12.6.2 Cardiothoracic
  12.6.3 Gynaecological
  12.6.4 Urological
  12.6.5 Orthopaedic
 12.7 Historic and Forecasted Market Size By End User
  12.7.1 Hospitals
  12.7.2 Ambulatory Surgery Center
 12.8 Historic and Forecast Market Size by Country
  12.8.1 Germany
  12.8.2 U.K.
  12.8.3 France
  12.8.4 Italy
  12.8.5 Russia
  12.8.6 Spain
  12.8.7 Rest of Europe

Chapter 13: Asia-Pacific Minimally Invasive Surgical Instruments Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Instrument Type
  13.4.1 Handheld Instruments
  13.4.2 Inflation Devices
  13.4.3 Cutter Instruments
  13.4.4 Guiding Devices
  13.4.5 Electrosurgical & Electrocautery Instruments
 13.5 Historic and Forecasted Market Size By Laparoscopic Method
  13.5.1 Robotic
  13.5.2 Traditional
 13.6 Historic and Forecasted Market Size By Type of Surgery
  13.6.1 Gastrointestinal
  13.6.2 Cardiothoracic
  13.6.3 Gynaecological
  13.6.4 Urological
  13.6.5 Orthopaedic
 13.7 Historic and Forecasted Market Size By End User
  13.7.1 Hospitals
  13.7.2 Ambulatory Surgery Center
 13.8 Historic and Forecast Market Size by Country
  13.8.1 China
  13.8.2 India
  13.8.3 Japan
  13.8.4 Singapore
  13.8.5 Australia
  13.8.6 New Zealand
  13.8.7 Rest of APAC

Chapter 14: Middle East & Africa Minimally Invasive Surgical Instruments Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Instrument Type
  14.4.1 Handheld Instruments
  14.4.2 Inflation Devices
  14.4.3 Cutter Instruments
  14.4.4 Guiding Devices
  14.4.5 Electrosurgical & Electrocautery Instruments
 14.5 Historic and Forecasted Market Size By Laparoscopic Method
  14.5.1 Robotic
  14.5.2 Traditional
 14.6 Historic and Forecasted Market Size By Type of Surgery
  14.6.1 Gastrointestinal
  14.6.2 Cardiothoracic
  14.6.3 Gynaecological
  14.6.4 Urological
  14.6.5 Orthopaedic
 14.7 Historic and Forecasted Market Size By End User
  14.7.1 Hospitals
  14.7.2 Ambulatory Surgery Center
 14.8 Historic and Forecast Market Size by Country
  14.8.1 Turkey
  14.8.2 Saudi Arabia
  14.8.3 Iran
  14.8.4 UAE
  14.8.5 Africa
  14.8.6 Rest of MEA

Chapter 15: South America Minimally Invasive Surgical Instruments Market Analysis, Insights and Forecast, 2016-2028
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Instrument Type
  15.4.1 Handheld Instruments
  15.4.2 Inflation Devices
  15.4.3 Cutter Instruments
  15.4.4 Guiding Devices
  15.4.5 Electrosurgical & Electrocautery Instruments
 15.5 Historic and Forecasted Market Size By Laparoscopic Method
  15.5.1 Robotic
  15.5.2 Traditional
 15.6 Historic and Forecasted Market Size By Type of Surgery
  15.6.1 Gastrointestinal
  15.6.2 Cardiothoracic
  15.6.3 Gynaecological
  15.6.4 Urological
  15.6.5 Orthopaedic
 15.7 Historic and Forecasted Market Size By End User
  15.7.1 Hospitals
  15.7.2 Ambulatory Surgery Center
 15.8 Historic and Forecast Market Size by Country
  15.8.1 Brazil
  15.8.2 Argentina
  15.8.3 Rest of SA

Chapter 16 Investment Analysis

Chapter 17 Analyst Viewpoint and Conclusion

Global Minimally Invasive Surgical Instruments Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 18940 Mn.

Forecast Period 2022-28 CAGR:

7.6%

Market Size in 2028:

USD 31630 Mn.

Segments Covered:

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

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Individuals’ Inclination Towards Minimally Invasive Surgical Procedures

Key Market Restraints:

  • High Cost of Surgical Procedures

Key Opportunities:

  • The Rise in The Healthcare Expenditure

Companies Covered in the report:

  • Medtronic plc, Johnson & Johnson, Stryker Corporation, Abbott Laboratories Inc, Boston Scientific Corporation, B. Braun Melsungen AG, CONMED Corporation and other major players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET COMPETITIVE RIVALRY
TABLE 005. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET THREAT OF NEW ENTRANTS
TABLE 006. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET THREAT OF SUBSTITUTES
TABLE 007. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET BY INSTRUMENT TYPE
TABLE 008. HANDHELD INSTRUMENTS MARKET OVERVIEW (2016-2028)
TABLE 009. INFLATION DEVICES MARKET OVERVIEW (2016-2028)
TABLE 010. CUTTER INSTRUMENTS MARKET OVERVIEW (2016-2028)
TABLE 011. GUIDING DEVICES MARKET OVERVIEW (2016-2028)
TABLE 012. ELECTROSURGICAL & ELECTROCAUTERY INSTRUMENTS MARKET OVERVIEW (2016-2028)
TABLE 013. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET BY LAPAROSCOPIC METHOD
TABLE 014. ROBOTIC MARKET OVERVIEW (2016-2028)
TABLE 015. TRADITIONAL MARKET OVERVIEW (2016-2028)
TABLE 016. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET BY TYPE OF SURGERY
TABLE 017. GASTROINTESTINAL MARKET OVERVIEW (2016-2028)
TABLE 018. CARDIOTHORACIC MARKET OVERVIEW (2016-2028)
TABLE 019. GYNAECOLOGICAL MARKET OVERVIEW (2016-2028)
TABLE 020. UROLOGICAL MARKET OVERVIEW (2016-2028)
TABLE 021. ORTHOPAEDIC MARKET OVERVIEW (2016-2028)
TABLE 022. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET BY END USER
TABLE 023. HOSPITALS MARKET OVERVIEW (2016-2028)
TABLE 024. AMBULATORY SURGERY CENTER MARKET OVERVIEW (2016-2028)
TABLE 025. NORTH AMERICA MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY INSTRUMENT TYPE (2016-2028)
TABLE 026. NORTH AMERICA MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY LAPAROSCOPIC METHOD (2016-2028)
TABLE 027. NORTH AMERICA MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY TYPE OF SURGERY (2016-2028)
TABLE 028. NORTH AMERICA MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY END USER (2016-2028)
TABLE 029. N MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY COUNTRY (2016-2028)
TABLE 030. EUROPE MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY INSTRUMENT TYPE (2016-2028)
TABLE 031. EUROPE MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY LAPAROSCOPIC METHOD (2016-2028)
TABLE 032. EUROPE MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY TYPE OF SURGERY (2016-2028)
TABLE 033. EUROPE MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY END USER (2016-2028)
TABLE 034. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY COUNTRY (2016-2028)
TABLE 035. ASIA PACIFIC MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY INSTRUMENT TYPE (2016-2028)
TABLE 036. ASIA PACIFIC MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY LAPAROSCOPIC METHOD (2016-2028)
TABLE 037. ASIA PACIFIC MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY TYPE OF SURGERY (2016-2028)
TABLE 038. ASIA PACIFIC MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY END USER (2016-2028)
TABLE 039. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY COUNTRY (2016-2028)
TABLE 040. MIDDLE EAST & AFRICA MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY INSTRUMENT TYPE (2016-2028)
TABLE 041. MIDDLE EAST & AFRICA MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY LAPAROSCOPIC METHOD (2016-2028)
TABLE 042. MIDDLE EAST & AFRICA MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY TYPE OF SURGERY (2016-2028)
TABLE 043. MIDDLE EAST & AFRICA MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY END USER (2016-2028)
TABLE 044. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY COUNTRY (2016-2028)
TABLE 045. SOUTH AMERICA MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY INSTRUMENT TYPE (2016-2028)
TABLE 046. SOUTH AMERICA MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY LAPAROSCOPIC METHOD (2016-2028)
TABLE 047. SOUTH AMERICA MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY TYPE OF SURGERY (2016-2028)
TABLE 048. SOUTH AMERICA MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY END USER (2016-2028)
TABLE 049. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET, BY COUNTRY (2016-2028)
TABLE 050. MEDTRONIC PLC: SNAPSHOT
TABLE 051. MEDTRONIC PLC: BUSINESS PERFORMANCE
TABLE 052. MEDTRONIC PLC: PRODUCT PORTFOLIO
TABLE 053. MEDTRONIC PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. JOHNSON & JOHNSON: SNAPSHOT
TABLE 054. JOHNSON & JOHNSON: BUSINESS PERFORMANCE
TABLE 055. JOHNSON & JOHNSON: PRODUCT PORTFOLIO
TABLE 056. JOHNSON & JOHNSON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. STRYKER CORPORATION: SNAPSHOT
TABLE 057. STRYKER CORPORATION: BUSINESS PERFORMANCE
TABLE 058. STRYKER CORPORATION: PRODUCT PORTFOLIO
TABLE 059. STRYKER CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. ABBOTT LABORATORIES INC.: SNAPSHOT
TABLE 060. ABBOTT LABORATORIES INC.: BUSINESS PERFORMANCE
TABLE 061. ABBOTT LABORATORIES INC.: PRODUCT PORTFOLIO
TABLE 062. ABBOTT LABORATORIES INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. BOSTON SCIENTIFIC CORPORATION: SNAPSHOT
TABLE 063. BOSTON SCIENTIFIC CORPORATION: BUSINESS PERFORMANCE
TABLE 064. BOSTON SCIENTIFIC CORPORATION: PRODUCT PORTFOLIO
TABLE 065. BOSTON SCIENTIFIC CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. B. BRAUN MELSUNGEN AG: SNAPSHOT
TABLE 066. B. BRAUN MELSUNGEN AG: BUSINESS PERFORMANCE
TABLE 067. B. BRAUN MELSUNGEN AG: PRODUCT PORTFOLIO
TABLE 068. B. BRAUN MELSUNGEN AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. CONMED CORPORATION: SNAPSHOT
TABLE 069. CONMED CORPORATION: BUSINESS PERFORMANCE
TABLE 070. CONMED CORPORATION: PRODUCT PORTFOLIO
TABLE 071. CONMED CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. SMITH & NEPHEW PLC: SNAPSHOT
TABLE 072. SMITH & NEPHEW PLC: BUSINESS PERFORMANCE
TABLE 073. SMITH & NEPHEW PLC: PRODUCT PORTFOLIO
TABLE 074. SMITH & NEPHEW PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. ZIMMER BIOMET HOLDINGS INC.: SNAPSHOT
TABLE 075. ZIMMER BIOMET HOLDINGS INC.: BUSINESS PERFORMANCE
TABLE 076. ZIMMER BIOMET HOLDINGS INC.: PRODUCT PORTFOLIO
TABLE 077. ZIMMER BIOMET HOLDINGS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. BECTON: SNAPSHOT
TABLE 078. BECTON: BUSINESS PERFORMANCE
TABLE 079. BECTON: PRODUCT PORTFOLIO
TABLE 080. BECTON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 080. DICKINSON AND COMPANY: SNAPSHOT
TABLE 081. DICKINSON AND COMPANY: BUSINESS PERFORMANCE
TABLE 082. DICKINSON AND COMPANY: PRODUCT PORTFOLIO
TABLE 083. DICKINSON AND COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 083. THE COOPER COMPANIES INC.: SNAPSHOT
TABLE 084. THE COOPER COMPANIES INC.: BUSINESS PERFORMANCE
TABLE 085. THE COOPER COMPANIES INC.: PRODUCT PORTFOLIO
TABLE 086. THE COOPER COMPANIES INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 086. HOYA CORPORATION: SNAPSHOT
TABLE 087. HOYA CORPORATION: BUSINESS PERFORMANCE
TABLE 088. HOYA CORPORATION: PRODUCT PORTFOLIO
TABLE 089. HOYA CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 089. SURGICAL INNOVATIONS GROUP PLC: SNAPSHOT
TABLE 090. SURGICAL INNOVATIONS GROUP PLC: BUSINESS PERFORMANCE
TABLE 091. SURGICAL INNOVATIONS GROUP PLC: PRODUCT PORTFOLIO
TABLE 092. SURGICAL INNOVATIONS GROUP PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 092. KONINKLIJKE PHILIPS N.V.: SNAPSHOT
TABLE 093. KONINKLIJKE PHILIPS N.V.: BUSINESS PERFORMANCE
TABLE 094. KONINKLIJKE PHILIPS N.V.: PRODUCT PORTFOLIO
TABLE 095. KONINKLIJKE PHILIPS N.V.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 095. FUJIFILM HOLDINGS CORPORATION: SNAPSHOT
TABLE 096. FUJIFILM HOLDINGS CORPORATION: BUSINESS PERFORMANCE
TABLE 097. FUJIFILM HOLDINGS CORPORATION: PRODUCT PORTFOLIO
TABLE 098. FUJIFILM HOLDINGS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 098. KARL STORZ SE & CO. KG: SNAPSHOT
TABLE 099. KARL STORZ SE & CO. KG: BUSINESS PERFORMANCE
TABLE 100. KARL STORZ SE & CO. KG: PRODUCT PORTFOLIO
TABLE 101. KARL STORZ SE & CO. KG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 101. APPLIED MEDICAL RESOURCES CORPORATION: SNAPSHOT
TABLE 102. APPLIED MEDICAL RESOURCES CORPORATION: BUSINESS PERFORMANCE
TABLE 103. APPLIED MEDICAL RESOURCES CORPORATION: PRODUCT PORTFOLIO
TABLE 104. APPLIED MEDICAL RESOURCES CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 104. KLS MARTIN GROUP: SNAPSHOT
TABLE 105. KLS MARTIN GROUP: BUSINESS PERFORMANCE
TABLE 106. KLS MARTIN GROUP: PRODUCT PORTFOLIO
TABLE 107. KLS MARTIN GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 107. SCANLAN INTERNATIONAL INC.: SNAPSHOT
TABLE 108. SCANLAN INTERNATIONAL INC.: BUSINESS PERFORMANCE
TABLE 109. SCANLAN INTERNATIONAL INC.: PRODUCT PORTFOLIO
TABLE 110. SCANLAN INTERNATIONAL INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 110. WEXLER SURGICAL: SNAPSHOT
TABLE 111. WEXLER SURGICAL: BUSINESS PERFORMANCE
TABLE 112. WEXLER SURGICAL: PRODUCT PORTFOLIO
TABLE 113. WEXLER SURGICAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 113. STRAUSS SURGICAL: SNAPSHOT
TABLE 114. STRAUSS SURGICAL: BUSINESS PERFORMANCE
TABLE 115. STRAUSS SURGICAL: PRODUCT PORTFOLIO
TABLE 116. STRAUSS SURGICAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 116. AMNOTEC INTERNATIONAL MEDICAL GMBH: SNAPSHOT
TABLE 117. AMNOTEC INTERNATIONAL MEDICAL GMBH: BUSINESS PERFORMANCE
TABLE 118. AMNOTEC INTERNATIONAL MEDICAL GMBH: PRODUCT PORTFOLIO
TABLE 119. AMNOTEC INTERNATIONAL MEDICAL GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 119. ENDOMED SYSTEMS GMBH: SNAPSHOT
TABLE 120. ENDOMED SYSTEMS GMBH: BUSINESS PERFORMANCE
TABLE 121. ENDOMED SYSTEMS GMBH: PRODUCT PORTFOLIO
TABLE 122. ENDOMED SYSTEMS GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 122. TROKAMED GMBH: SNAPSHOT
TABLE 123. TROKAMED GMBH: BUSINESS PERFORMANCE
TABLE 124. TROKAMED GMBH: PRODUCT PORTFOLIO
TABLE 125. TROKAMED GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 125. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 126. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 127. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 128. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET OVERVIEW BY INSTRUMENT TYPE
FIGURE 012. HANDHELD INSTRUMENTS MARKET OVERVIEW (2016-2028)
FIGURE 013. INFLATION DEVICES MARKET OVERVIEW (2016-2028)
FIGURE 014. CUTTER INSTRUMENTS MARKET OVERVIEW (2016-2028)
FIGURE 015. GUIDING DEVICES MARKET OVERVIEW (2016-2028)
FIGURE 016. ELECTROSURGICAL & ELECTROCAUTERY INSTRUMENTS MARKET OVERVIEW (2016-2028)
FIGURE 017. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET OVERVIEW BY LAPAROSCOPIC METHOD
FIGURE 018. ROBOTIC MARKET OVERVIEW (2016-2028)
FIGURE 019. TRADITIONAL MARKET OVERVIEW (2016-2028)
FIGURE 020. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET OVERVIEW BY TYPE OF SURGERY
FIGURE 021. GASTROINTESTINAL MARKET OVERVIEW (2016-2028)
FIGURE 022. CARDIOTHORACIC MARKET OVERVIEW (2016-2028)
FIGURE 023. GYNAECOLOGICAL MARKET OVERVIEW (2016-2028)
FIGURE 024. UROLOGICAL MARKET OVERVIEW (2016-2028)
FIGURE 025. ORTHOPAEDIC MARKET OVERVIEW (2016-2028)
FIGURE 026. MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET OVERVIEW BY END USER
FIGURE 027. HOSPITALS MARKET OVERVIEW (2016-2028)
FIGURE 028. AMBULATORY SURGERY CENTER MARKET OVERVIEW (2016-2028)
FIGURE 029. NORTH AMERICA MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. EUROPE MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. ASIA PACIFIC MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 032. MIDDLE EAST & AFRICA MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 033. SOUTH AMERICA MINIMALLY INVASIVE SURGICAL INSTRUMENTS MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Minimally Invasive Surgical Instruments Market research report?

The forecast period in the Minimally Invasive Surgical Instruments Market research report is 2022-2028.

Who are the key players in Minimally Invasive Surgical Instruments Market?

Medtronic plc, Johnson & Johnson, Stryker Corporation, Abbott Laboratories Inc, Boston Scientific Corporation, B. Braun Melsungen AG, CONMED Corporation, Smith & Nephew plc, Zimmer Biomet Holdings Inc, Becton Dickinson and Company, The Cooper Companies Inc, HOYA Corporation, Surgical Innovations Group plc, Koninklijke Philips N.V., FUJIFILM Holdings Corporation, KARL STORZ SE & Co. KG, Applied Medical Resources Corporation, KLS Martin Group, Scanlan International Inc, Wexler Surgical, STRAUSS SURGICAL, AMNOTEC International Medical GmbH, EndoMed Systems GmbH, TROKAMED GmbH and Others major players.

What are the segments of the Minimally Invasive Surgical Instruments Market?

The Minimally Invasive Surgical Instruments Market is segmented into Instrument Type, Laparoscopic Method, Type of Surgery, End-User and Region. By Instrument Type, the market is categorized into Handheld Instruments, Inflation Devices, Cutter Instruments, Guiding Devices, Electrosurgical & Electrocautery Instruments. By Laparoscopic Method, the market is categorized into Robotic and Traditional. By Type Of Surgery, the market is categorized into Gastrointestinal, Cardiothoracic, Gynaecological, Urological, Orthopaedic. By End-User, the market is categorized into Hospitals, Ambulatory Surgery Center. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Minimally Invasive Surgical Instruments Market?

Minimally invasive surgical instruments are utilized for making one or more small incisions on the body to access the body cavity of interest. In some surgical procedures, these tools shorten the length of the surgery by 10 to 20 percent, benefiting surgeons by decreasing the considerable physical stress associated with open surgical procedures. Minimally invasive surgical instruments are made of stainless steel, Titanium, Tantalum, Platinum, and Palladium. Various instruments having different functions are utilized in minimally invasive surgical procedures such as endo stapler, trocars, electrosurgical, cutter, and laparoscopic instruments.

How big is the Minimally Invasive Surgical Instruments Market?

Minimally Invasive Surgical Instruments Market was valued at USD 18940 million in 2021 and is expected to reach USD 31630 million by the year 2028, at a CAGR of 7.6 %.