Global Minimally Invasive Surgical Instruments Market size is expected to grow from USD 20.37 Billion in 2022 to USD 36.61 Billion by 2030, at a CAGR of 7.6% during the forecast period (2023-2030).
These instruments enable surgeons to perform procedures through small incisions, resulting in faster recovery times, reduced post-operative pain, and shorter hospital stays for patients. Key technological advancements driving market expansion include the development of advanced laparoscopic, robotic, and endoscopic instruments, as well as imaging and visualization systems that enhance precision and efficacy during minimally invasive surgeries. Growing adoption of minimally invasive techniques across various surgical specialties, including gynecology, urology, orthopedics, and cardiovascular surgery, is fueling demand for specialized instruments and accessories. Moreover, increasing investments in healthcare infrastructure, expanding patient population, and favorable reimbursement policies are further driving market growth. As healthcare providers seek to improve patient outcomes, minimize complications, and reduce healthcare costs, the demand for minimally invasive surgical instruments is expected to continue growing, presenting lucrative opportunities for market players in the coming years.
Top Key Players Covered in The Global Minimally Invasive Surgical Instruments Market
Abbott Laboratories Inc. (U.S.), Aesculap, Inc. (U.S.), Amnotec International Medical Gmbh (Germany), Applied Biomedical, Llc (U.S.), B. Braun Melsungen Ag (Germany), Boston Scientific Corporation (U.S.), California Resources Corporation (U.S.), Conmed Corporation (U.S.), Dickinson And Company (U.S.), Endomed Systems Gmbh (Germany), Fujifilm Holdings Corporation (Japan), Given Imagin Ltd. (Israel), Hoya Corporation (Japan), Johnson & Johnson Services, Inc. (U.S.), Karl Storz Gmbh & Co. Kg (Germany), Kls Martin Group (Germany), Koninklijke Philips N.V. (Netherlands), Medical Devices Business Services, Inc. (U.S.), Medtronic (Ireland), Microline Surgical (U.S.), Novatract Surgical Inc. (U.S.), Rema Medizintechnik Gmbh (Germany), Scanlan International Inc. (U.S.), Smith & Nephew (U.K.), Strauss Surgical (U.S.), Stryker Corporation (U.S.), Surgical Innovations Group Plc (U.K.), Teleflex Incorporated (U.S.), The Cooper Companies Inc. (U.S.), Trokamed Gmbh (Germany), Wexler Surgical (U.S.), Zimmer Biomet (U.S.) and Other Major Players
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At the core of our study is an in-depth analysis of the Minimally Invasive Surgical Instruments Market ecosystem, where we thoroughly examine the functions and interdependencies of various market stakeholders. Through our expert utilization of trusted methodologies, including SWOT Analysis, Porter’s Five Forces Analysis, and Price Trend Analysis, we offer a comprehensive understanding of both the regulatory landscape and the prevailing trends shaping the industry.
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Segmentation:
By Product Type
- Handheld Instruments
- Inflation Devices
- Cutter Instruments
- Guiding Devices
- Electrosurgical Devices
- Auxiliary Devices
- Monitoring & Visualization Devices
By Surgery Type
- Cardiothoracic Surgery
- Gastrointestinal Surgery
- Orthopaedic Surgery
- Gynaecological Surgery
- Cosmetic & Bariatric Surgery
- Urological Surgery
By End User
- Hospitals & Clinics
- Ambulatory Surgical Centers
Key Industry Developments in the Global Minimally Invasive Surgical Instruments Market:
In February 2023, Encision Inc. signed a Proof of Concept Services Agreement with Vicarious Surgical Inc. The Vicarious surgical robot design plans to boost precision, control, and visualization of instruments in robotic-assisted minimally invasive surgery.
In January 2023, PENTAX Medical obtained CE marks for its PENTAX Medical INSPIRA, the new premium video processor, and the i20c video endoscope series. The new video processor maintains compatibility with PENTAX Medical’s recent endoscope models and sets new standards with the new i20c video endoscope generation.
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By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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