Minimally Invasive Surgical Instruments Market Key Players and Growth Forecast by 2031

Market Introduction

Minimally Invasive Surgery is a term which is used to describe either a smaller incision or an approach that doesn’t involve splitting muscles or cutting tendons. There are fewer stitches applied in minimally invasive surgery as compared to the other surgeries. Minimally invasive surgeries are much less traumatic than conventional open surgeries. Traditional surgeries performed with conventional laparoscopic instruments can be traumatic and complex. Minimally invasive laparoscopic cameras are inserted through smaller incisions and specialized smaller instruments are used to perform the operation. The healing process is less painful, and patients can recover fastest after minimally invasive surgeries.

Advantages of minimally invasive surgeries such as smaller incision, fewer post-operative complications, faster recovery rate, and less stress on immune system is the main reason which is driving the minimally invasive surgical instruments market. Additionally, new product launches due to technological advancements, collaborations, mergers, and acquisitions are the key strategic initiatives undertaken by the industry players, which are expected to have a positive impact on the minimally invasive surgical instruments market. However, uncertain regulatory policies in different parts of world and lack of trained professionals are hampering the growth of the minimally invasive surgeries instruments market. Use of virtual reality and robotics is creating opportunities for growth of the minimally invasive surgeries instruments market.

Market Trends/ Market Scenario

Minimally invasive surgeries (MIS) are considered less traumatic than conventional open surgeries because these open surgeries are performed with conventional laparoscopic instruments which make it complex. The minimally invasive laparoscopic cameras are generally inserted with the assistance of specialized small instruments through small incisions. The patients tend to recover faster after these procedures with lesser pain when compared with other form of surgeries.

• Recently, in June 2022, Ethicon, part of Johnson & Johnson MedTech, announced the U.S. launch of the ECHELON 3000 Stapler, a digitally enabled device that provides surgeons with simple, one-handed powered articulation to help address the unique needs of their patients.
• In June 2021, Medtronic plc announced it has completed the acquisition of Titan Spine, a privately held titanium spine interbody implant and surface technology company. The acquisition of Titan Spine strengthens Medtronic’s position as a leading innovator in procedural solutions for spine surgery.

Market Report Scope/Inclusions

The "Global Minimally Invasive Surgical Instruments Market Analysis to 2031" is a specialized and in-depth study of the super capacitor industry with a focus on the global market trend. The report aims to provide an overview of global minimally invasive surgical instruments market with detailed market segmentation by type, application, and geography namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America.

The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of more than 18 major countries globally along with current trend and opportunities prevailing in the region for Super capacitor market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. Further, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, Rest of the World after evaluating political, economic, social and technological factors affecting the Super capacitor market in these regions.

Market Segmentation

Global Minimally Invasive Surgical Instruments - Device

• Handheld Instruments
• Inflation Devices
• Surgical Scopes
• Cutting Instruments
• Guiding Devices
• Electrosurgical & Electrocautery Instruments
• Others

Global Minimally Invasive Surgical Instruments – Type of Surgery

• Cardiothoracic Surgery
• Gastrointestinal Surgery
• Orthopedic Surgery
• Gynecological Surgery
• Cosmetic & Bariatric Surgery
• Urological Surgery
• Other Surgeries

Global Minimally Invasive Surgical Instruments – End User

• Hospitals and Specialty Clinics
• Ambulatory Surgery Centers

Company Analysis

The minimally invasive surgical instruments market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, the key development in the past five years.

The report represents the mix of global & regional market players, emerging companies, market disruptors and niche market players operating at different geographical levels. Within the report, these players are analyzed on different parameters such as market offerings, market initiatives, innovative solutions & offerings, key developments, geographical reach, and customer base among others.  

Some of the key players influencing the market are Medtronic, Siemens Healthineer AG, Ethicon Inc., Stryker Corporation, Abbott Laboratories, Boston Scientific Corporation, B.Braun Melsungen AG, CONMED Corporation, Smith & Nephew plc, and Zimmer Biomet Holdings, Inc.

REPORT HIGHLIGHTS

Our report on Minimally Invasive Surgical Instruments Market cover following key parameters:

• Comprehensive market analysis at global, regional and country level
• Detailed PEST (Political, Economic, Social and Technological) factors impacting the market across key geographic regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America
• Market dynamics (drivers, restraints, opportunities, and future trends) and impact analysis of drivers and restraints at short-term, mid-term and long-term
• Market size and forecasts in terms of revenue; 2021 (historic), 2021 (base year), 2022 – 28 (forecast period)
• In-depth market segmentation and deep dive regional and country level analysis of 18+ countries across 5 key regions
• Key company profiles and industry landscape to provide latest market initiatives and competitive landscape
• Impact of COVID`19 pandemic on ecosystem and the market 

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Minimally Invasive Surgical Instruments Report Scope