Minimally Invasive Surgical Instrument Market

Minimally Invasive Surgical Instrument Market Size, Trends and Opportunity Analysis, 2018-2026
Minimally invasive surgical instruments are used in minimally invasive surgeries (MIS). These
surgeries are performed to limit the size and number of cuts and incisions to lessen the wound
healing time. These surgeries, reduce hospital stay with less pain and few complications.
Minimally invasive surgeries are preferred by majority of people due to its benefits. Different
type of instruments are used in minimally invasive such as small tubes, compact cameras,
catheters, and others. Minimally invasive surgeries are widely conducted in cosmetology, as it
involves minimum scarring and quick healing. Another type of minimally invasive surgery is
robotic surgery. It provides a magnified, 3-D view of the surgical site and helps the surgeon to
operate with precision, flexibility, and control.
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The global minimally invasive surgical instruments market size was valued at US$ 12,878.3
million in 2017, and is expected to witness a CAGR of 6.1% over the forecast period (2018 –
2026).
Increasing numbers of minimally invasive surgeries is expected to drive growth of the minimally
invasive surgical instrument market
Increasing number of minimally invasive surgeries is major driving factor for growth of the
minimally invasive surgical instruments market revenue, as minimally invasive surgeries are less
painful, cost effective, and reduces hospital stay. According to Healthcare Cost and Utilization
Project (HCUP) in 2014, around 11.4 million outpatient surgeries were performed in the U.S.
Most performed minimally invasive surgeries are cholecystectomy, colectomy, heart surgery,
kidney surgery, etc.
Report includes chapters which deeply display the following deliverable about industry :
• Minimally Invasive Surgical Instrument Market Research Objective and Assumption
• Minimally Invasive Surgical Instrument Market Purview - Report Description, Executive
Summary, and Coherent Opportunity Map (COM)
• Minimally Invasive Surgical Instrument Market Dynamics, Regulations, and Trends Analysis Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Minimally Invasive Surgical Instrument Market, By Regions
• Minimally Invasive Surgical Instrument Market Competition by Manufacturers including
Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and
Product Type.
• Minimally Invasive Surgical Instrument Market Manufacturers Profiles/Analysis including
Company Basic Information, Manufacturing Base and Its Competitors.
• Minimally Invasive Surgical Instrument Market Manufacturing Cost Analysis including Key Raw
Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Minimally Invasive Surgical Instrument Market Forecast including Production, Consumption,
Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Market Dynamics
Minimally invasive surgical instrument market size is expected to witness significant growth
owing to increasing number of diseases, which can be treated with minimally invasive surgeries
such as cancer and heart diseases. Minimally invasive surgical
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instruments are widely used for removal of cancerous tumors from brain, stomach, kidney,
ovary, prostate, pancreas, etc. According to the National Cancer Institute (NCI) in 2016, there
were an estimated 16.8 million people suffering cancer in the U.S., and around 595,690 deaths
occurred from the disease. Moreover, the number of people suffering from cancer is expected to
reach to 19 million by 2024.
Minimally Invasive Surgical Instrument Market - Competitive Landscape
Key players operating in the global minimally invasive surgical instrument market include
Medtronic Plc, Ethicon Inc., Aesculap Inc., Stryker Corporation, B. Braun Melsungen Ag and
Smith & Nephew Plc. Other players in this market include ConMed Corporation, Abbott
Laboratories, Applied Biomedical Resources Corporation, Boston Scientific Corporation, Microline
Surgical, Alcon Laboratories Inc., and Zimmer Biomet Holdings Inc.
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Minimally invasive surgical instruments are thriving in surgical instrument market for decades, owing to advance technology