Minimally Invasive Surgical Instruments Market Trends, and Forecasts (2016–2021)

According to the report “Global Minimally Invasive Surgical Instruments Market,” published by Market Data Forecast, the global market is projected to reach USD 18.16 billion by 2021 from USD 11.18 billion in 2016, at a CAGR of 10.19%.Minimally invasive surgery is a surgical procedure in which operations are performed through very small incisions using specially designed surgical instruments and endoscopes. These procedures require only a small incision, reducing trauma to the body, shortening recovery time, and costing less for hospitals. On the other hand, without the ability to see directly the target inside the body, a clinician is only as good as the imaging technologies used to guide the procedure. Minimally invasive procedures have been changing the way people think about surgery. While we understand many factors go into making the right decision for you, patients who choose these innovative procedures over conventional surgery usually have shorter hospital stays and quicker recovery. This means getting back sooner to the things that are important in life.

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The factors influencing the Global Market for Minimally Invasive Surgical Instruments Market, either positively or negatively are presented in the DROC analysis. Growth of global minimally invasive surgical instruments market is attributed to rising number of surgeries, increasing number of lifestyle disorders, and technological advancements. Moreover, the key benefits offered by minimally invasive surgeries such as reduction in healthcare cost (reduced long time hospital admission & unnecessary travel costs) and early recovery from surgery as compared to traditional open surgeries are further driving the growth of global minimally invasive surgical instruments market. However, certain limitations pertaining to minimally invasive surgery (such as not suitable for high body mass index, skin adhesions conditions) and risks & complications associated with this surgery (such as complications of anesthesia, bleeding) are some of the factors restraining the growth of global minimally invasive surgical instruments market.

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For granular level understanding, the Minimally Invasive Surgical Instruments Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segments.

• By Product
o Handheld Instruments
a) Stents
b) Visualizing Scopes
c) Graspers
d) Retractors/Elevators
e) Sutures
f) Dilators
g) Forceps and Spatulas
h) Other Handheld Instruments
o Electrosurgical Devices
a) Electrosurgical Generators
b) Electrosurgical Instruments
c) Electrocautery Devices
o Inflation Systems
a) Balloons
b) Balloon Inflation Devices
c) Other Inflation Systems
o Guiding Devices
a) Guiding Catheters
b) Guidewires
o Cutter Instruments
a) Trocars
b) Rasps
c) Other Cutter Instruments
o Auxiliary Instruments
a) Cannulas
b) Staplers
c) Clamps
d) Closures

• Application
o Orthopedic Surgery
o Gastrointestinal Surgery
o Cardiothoracic Surgery
o Urological Surgery
o Cosmetic/Bariatric Surgery
o Gynecological Surgery
o Vascular Surgery
o Other Applications

• End Users
o Private Hospitals and Surgical Clinics
o Government Hospitals
o Academic and Research Institutes

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On the basis of geographical region the global minimally invasive surgical instruments market is segmented as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America is estimated to account for the largest share of 34.2% of the global minimally invasive surgical instruments market in 2016, whereas Asia-Pacific is estimated to grow at the highest CAGR of 12.20% during the forecast period 2016-2021.

• North America Minimally Invasive Surgical Instruments Market
• Europe Minimally Invasive Surgical Instruments Market
• Asia-Pacific Minimally Invasive Surgical Instruments Market
• Latin America Minimally Invasive Surgical Instruments Market
• Middle East and Africa Minimally Invasive Surgical Instruments Market

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The key players in global minimally invasive surgical instruments market such as, Medtronic plc (Ireland), Ethicon, Inc. (U.S.), Aesculap, Inc. (Germany), Stryker Corporation (U.S.), Smith & Nephew (U.K.), ConMed Corporation (U.S.), Abbott Laboratories (U.S.), Applied Biomedical Resources Corporation (U.S.), Microline Surgical (Japan), and Zimmer Biomet (U.S.).

The Minimally Invasive Surgical Instruments Market study offers the following deliverables:

• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming

• Segment-level analysis on basis of producttype, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail

• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

• Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses

• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment

• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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