The Worldwide Minimally Invasive Surgical Devices Industry is Expected to Reach $28.5 Billion by 2026

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Feb 07, 2022, 08:30 ET

DUBLIN, Feb. 7, 2022 /PRNewswire/ -- The "Global Minimally Invasive Surgical Devices Market, By Type ((Handheld Instruments, Surgical Scopes, Cutting Instruments, Guiding Devices, Electrosurgical Devices, Others), By Surgery Type, By End User, By Region, Competition Forecast and Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.

The Global Minimally Invasive Surgical Devices Market valued USD20.93 billion in 2020, and the market is also anticipated to grow with a CAGR value of 5.56% in the forecast period, 2022-2026 to achieve market value of USD28.54 billion by 2026.

Increasing preferences towards minimally invasive surgeries to avoid physical scar marks and painful recovery, is driving the growth of the Global Minimally Invasive Surgical Devices Market in the upcoming five years. Also, increasing instances of prolonged & chronic diseases where surgeries are a must as a treatment method, is also driving the market growth. Chronic diseases like cardiovascular diseases, neurological diseases, cancer, etc. requires surgical approaches.

Minimally invasive devices are technologically advanced and require rather small entry points to enter the human body. Complications of surgeries like cancer removal surgeries, endoscopic surgeries, cardiovascular surgeries, etc. has also increased surgeons inclination towards minimally invasive surgeries, to avoid mistakes, post op-pain for patient, over bleeding, or other complications. Furthermore, increased investment in the healthcare sector, consistent research and innovative medical devices development by multiple market players further substantiates the growth of the Global Minimally Invasive Surgical Devices Market in the forecast period, until 2026.

Technological advancement in the existent medical devices demands financial and research investments from the market players, and the manufactured medical devices are also required to get approvals through clinical trials to be commercialized and utilized for patient treatment, that may restrain market growth.

The Global Minimally Invasive Surgical Devices Market is segmented by type, surgery type, end-user, regional distribution, and company. Based on type, the market is segmented into handheld instruments, surgical scopes, cutting instruments, guiding devices, electrosurgical devices and others. Handheld instruments consist of graspers, retractors/elevators, dilators, suturing instruments, and others. Surgical scopes consist of laparoscopes, gastroscope, cystoscope, ureteroscope, and others. Cutting instruments consist of trocar's and other MIS instruments.

Guiding devices are guiding catheters and guidewires. Electrosurgical devices include electrosurgery instruments & accessories, electrosurgery generators, and patient return electrodes. Handheld instruments are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the account of increasing demand for precision during surgeries. Moreover, surge in the demand for technologically advanced surgical devices like graspers, retractors, and elevators are anticipated support the market growth in the future five years.

Medtronic Plc, Stryker Corporation, B. Braun Melsungen AG, Olympus Corporation, Boston Scientific Corporation, Zimmer Biomet Holdings, Inc, Johnson & Johnson, Karl Storz SE & Co. KG, Abbott Laboratories, Inc., Koninklijke Philips N.V., Applied Medical Resources Corporation, Conmed Corporation, The Cooper Companies Inc., Biolitec AG, FUJIFILM Holdings Corporation, Smith & Nephew plc, are some of the major players operating in the Global Minimally Invasive Surgical Devices Market.

Objective of the Study:

To analyze and estimate the market size of the Global Minimally Invasive Surgical Devices Market from 2016 to 2020.
To estimate and forecast the market size of the Global Minimally Invasive Surgical Devices Market from 2021 to 2026 and growth rate until 2026.
To classify and forecast the Global Minimally Invasive Surgical Devices Market based on type, surgery type, end-user, competitive landscape, and regional distribution.
To identify dominant region or segment in the Global Minimally Invasive Surgical Devices Market.
To identify drivers and challenges for the Global Minimally Invasive Surgical Devices Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Minimally Invasive Surgical Devices Market.
To identify and analyze the profile of leading players operating in the Global Minimally Invasive Surgical Devices Market.
To identify key sustainable strategies adopted by market players in the Global Minimally Invasive Surgical Devices Market.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Minimally Invasive Surgical Devices Market

4. Executive Summary

5. Voice of Customer
5.1. Brand Awareness
5.2. Factors Contributing to Switch to Minimally Invasive Surgical Procedures
5.3. Demand for Minimally Invasive Surgical Devices, By Surgery Type

6. Global Minimally Invasive Surgical Devices Market Outlook, 2016-2026F
6.1. Market Size & Forecast
6.1.1. By Value

7. Global Minimally Invasive Handheld Instruments Market Outlook, 2016-2026F
7.1. Market Size & Forecast
7.1.1. By Value & Volume

8. Global Minimally Invasive Surgical Scopes Market Outlook, 2016-2026F
8.1. Market Size & Forecast
8.1.1. By Value & Volume

9. Global Minimally Invasive Cutting Instruments Market Outlook, 2016-2026F
9.1. Market Size & Forecast
9.1.1. By Value & Volume

10. Global Minimally Invasive Guiding Devices Market Outlook, 2016-2026F
10.1. Market Size & Forecast
10.1.1. By Value & Volume

11. Global Minimally Invasive Electrosurgical Devices Market Outlook, 2016-2026F
11.1. Market Size & Forecast
11.1.1. By Value & Volume

12. Global Minimally Invasive Surgical Devices Market Outlook, 2016-2026F
12.1. Market Share & Forecast
12.1.1. By Type ((Handheld Instruments, Surgical Scopes, Cutting Instruments, Guiding Devices, Electrosurgical Devices, Others)
12.1.1.1. By Handheld Instruments (Graspers, Retractors/Elevators, Dilators, Suturing Instruments, Others)
12.1.1.2. By Surgical Scopes (Laparoscopes, Gastroscope, Cystoscope, Ureteroscope, Others)
12.1.1.3. By Cutting Instruments (Trocar's v/s Other MIS instruments)
12.1.1.4. By Guiding Devices (Guiding Catheters, Guidewires)
12.1.1.5. By Electrosurgical Devices (Electrosurgery Instruments & Accessories, Electrosurgery Generators, Patient Return Electrodes)
12.1.2. By Surgery Type (Cardiovascular, Gastrointestinal, Gynecology, Urology, Others)
12.1.3. By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others)
12.1.4. By Region
12.1.5. By Company (2020)
12.2. Product Market Map
12.2.1. By Type
12.2.2. By Surgery Type
12.2.3. By Region

13. North America Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

14. North America Minimally Invasive Handheld Instruments Market Outlook, 2016-2026F

15. North America Minimally Invasive Surgical Scopes Market Outlook, 2016-2026F

16. North America Minimally Invasive Cutting Instruments Market Outlook, 2016-2026F

17. North America Minimally Invasive Guiding Devices Market Outlook, 2016-2026F

18. North America Minimally Invasive Electrosurgical Devices Market Outlook, 2016-2026F

19. North America Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

20. Europe Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

21. Europe Minimally Invasive Handheld Instruments Market Outlook, 2016-2026F

22. Europe Minimally Invasive Surgical Scopes Market Outlook, 2016-2026F

23. Europe Minimally Invasive Cutting Instruments Market Outlook, 2016-2026F

24. Europe Minimally Invasive Guiding Devices Market Outlook, 2016-2026F

25. Europe Minimally Invasive Electrosurgical Devices Market Outlook, 2016-2026F

26. Europe Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

27. Asia Pacific Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

28. Asia Pacific Minimally Invasive Handheld Instruments Market Outlook, 2016-2026F

29. Asia Pacific Minimally Invasive Surgical Scopes Market Outlook, 2016-2026F

30. Asia Pacific Minimally Invasive Cutting Instruments Market Outlook, 2016-2026F

31. Asia Pacific Minimally Invasive Guiding Devices Market Outlook, 2016-2026F

32. Asia Pacific Minimally Invasive Electrosurgical Devices Market Outlook, 2016-2026F

33. Asia Pacific Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

34. South America Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

35. South America Minimally Invasive Handheld Instruments Market Outlook, 2016-2026F

36. South America Minimally Invasive Surgical Scopes Market Outlook, 2016-2026F

37. South America Minimally Invasive Cutting Instruments Market Outlook, 2016-2026F

38. South America Minimally Invasive Guiding Devices Market Outlook, 2016-2026F

39. South America Minimally Invasive Electrosurgical Devices Market Outlook, 2016-2026F

40. South America Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

41. Middle East & Africa Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

42. Middle East & Africa Minimally Invasive Handheld Instruments Market Outlook, 2016-2026F

43. Middle East & Africa Minimally Invasive Surgical Scopes Market Outlook, 2016-2026F

44. Middle East & Africa Minimally Invasive Cutting Instruments Market Outlook, 2016-2026F

45. Middle East & Africa Minimally Invasive Guiding Devices Market Outlook, 2016-2026F

46. Middle East & Africa Minimally Invasive Electrosurgical Devices Market Outlook, 2016-2026F

47. Middle East & Africa Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

48. Market Dynamics
48.1. Drivers
48.2. Challenges

49. Market Trends and Developments

50. Competitive Landscape
50.1. Competition Outlook
50.2. Players Profiled (Leading Companies)
50.2.1. Medtronic Plc
50.2.2. Stryker Corporation
50.2.3. B. Braun Melsungen AG
50.2.4. Olympus Corporation
50.2.5. Boston Scientific Corporation
50.2.6. Zimmer Biomet Holdings, Inc
50.2.7. Johnson & Johnson
50.2.8. Karl Storz SE & Co. KG
50.2.9. Abbott Laboratories, Inc.
50.2.10. Koninklijke Philips N.V.
50.2.11. Applied Medical Resources Corporation
50.2.12. Conmed Corporation
50.2.13. The Cooper Companies Inc.
50.2.14. Biolitec AG
50.2.15. FUJIFILM Holdings Corporation
50.2.16. Smith & Nephew Plc

51. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/yq4xgu

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