Minimally invasive procedures (also known as minimally invasive surgeries) have been enabled by the advance of various medical technologies. Surgery by definition is invasive and many operations requiring incisions of some size are referred to as open surgery.
Due to the COVID-19 pandemic, the global Minimally Invasive Surgery Devices market size is estimated to be worth US$ 37320 million in 2021 and is forecast to a readjusted size of US$ 58300 million by 2028 with a CAGR of 6.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Minimally Invasive Surgery Devices market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Minimally Invasive Surgery Devices landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Global Minimally Invasive Surgery Devices key players include Medtronic, Olympus Corp, Johnson＆Johnson, Stryker, etc. Global top four manufacturers hold a share nearly 50%.
North America is the largest market, with a share over 45%, followed by Europe, and Japan, both have a share over 40 percent.
In terms of product, Surgical equipment is the largest segment, with a share about 55%. And in terms of application, the largest application is Gastrointestinal Surgery, followed by Orthopedic Surgery, Urological Surgery, Cosmetic or Bariatric Surgery, etc.
This report focuses on Minimally Invasive Surgery Devices volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Minimally Invasive Surgery Devices market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China, Japan and South Korea, etc.
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The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
- Surgical equipment
- Monitoring and visualization equipment
- Electrosurgical systems
Segment by Application
- Cardiothoracic Surgery
- Gastrointestinal Surgery
- Orthopedic Surgery
- Gynecological Surgery
- Cosmetic or Bariatric Surgery
- Vascular Surgery
- Urological Surgery
- Olympus Corp
- Karl Storz
- Boston Scientific
- Smith & Nephew
- Applied Medical
- B Braun
- Zimmer Biomet
- Richard Wolf
Production by Region
- North America
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Mr. Shirish Gupta
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