Guwahati Mail

As per DelveInsight’s assessment, the Minimally Invasive Surgical Devices Market is expected to grow at an immense pace in the coming years owing to the The increasing prevalence of pandemic such as COVID-19, Pre- and post-operation and some few of the other applications where Minimally Invasive Surgical Devices have been used, which is expected to drive the demand for Minimally Invasive Surgical Devices in the upcoming years.

DelveInsight’s “Minimally Invasive Surgical Devices Market” report provides the current and forecast market outlook, forthcoming device innovation, challenges, market drivers and barriers.  The report also covers the major emerging products and key Minimally Invasive Surgical Devices companies actively working in the market.

Minimally Invasive Surgical Devices

One or more tiny incisions may be created on the body during minimally invasive surgery. To direct the procedure, a laparoscope—a narrow, tube-like equipment with a light and a viewing lens—is placed into one orifice. To perform the surgery, tiny surgical instruments are placed into other incisions.

DelveInsight Minimally Invasive Surgical Devices MArket Analysis: The Global Minimally Invasive Surgical Devices market size was valued approximately USD 28 Billion in 2021 and is anticipated to reach USD 42 Billion by 2028 with a CAGR of 7.28% during the forecasted period (2023-2028)

Minimally Invasive Surgical Devices Market Insights

Geographically, North America holds the largest market share for MIS devices. The North American MIS devices market is anticipated to increase favorably due to the importance of key growth factors such the rising incidence of different malignancies, the rising prevalence of degenerative bone illnesses, and rising government initiatives regarding disease treatment awareness. High disposable income, an advanced healthcare system, the approval of innovative products, and high awareness all contributed to the market expansion in this area.

To know more about why North America is leading the market growth in the Minimally Invasive Surgical Devices market, get a snapshot of the report Minimally Invasive Surgical Devices Market Trends

https://www.delveinsight.com/sample-request/minimally-invasive-surgical-mis-devices-market

Recent Developments in the Minimally Invasive Surgical Devices Market Report

• In November, 2021, In order to introduce their DFVision® 3D Electronic Laparoscope (DFVision®), Shanghai MicroPort MedBot (Group) Co., Ltd. (MicroPort® MedBot) recently attended the 28th National Seminar for Laparoscopic Surgery Demonstration
• In October 2021, HugoTM robotic-assisted surgery (RAS) system from Medtronic now carries the CE (Conformité Européenne) Mark, allowing Medtronic to sell this product on the European market. The tool has been approved for use in gynecologic and urological procedures
• In May 2019, The US Food and Drug Administration gave the ESG-150 Electrosurgery Generator (ESG-150) its seal of approval, and Olympus thereafter released it
• Thus, owing to such developments in the market, rapid growth will be observed in the Minimally Invasive Surgical Devices market during the forecast period

To read more about the latest highlights related to Minimally Invasive Surgical Devices, get a snapshot of the key highlights entailed in the Minimally Invasive Surgical Devices

Key Minimally Invasive Surgical Devices companies in the Market

Some of the key Minimally Invasive Surgical Devices companies operating in the market include-  Abbott, Olympus, Intuitive Surgical Inc, Stryker, JOHNSON & JOHNSON MEDICAL DEVICES COMPANIES, Medtronic, Boston Scientific Corporation, CONMED Corporation, KARL STORZ GmbH, CooperSurgical, Inc., Cook, AngioDynamics, FUJIFILM Corporation, Symmetry Surgical Inc, B. Braun Melsungen AG, BD, Shenzhen Mindray Bio-Medical Electronics Co., Ltd, Zimmer Biomet, Richard Wolf GmbH, Microport Scientific Corporation others

COVID-19 Impact Analysis on the Minimally Invasive Surgical Devices Market

The installation of steps to stop the spread of the COVID-19 illness has a detrimental influence on the market for MIS devices. All other medical disciplines saw a decrease in patient load as a result of the COVID-19 pandemic’s demands on their services. For instance, urgent lung cancer referrals decreased by as much as 75% during the first lockdown, according to Cancer Research UK (2023) in the UK alone.

Additionally, The rising prevalence of traumatic brain injury (TBI) and malignancies in the US is one of the major factors boosting the growth of the North American MIS devices market. Centers for Disease Control and Prevention (CDC) statistics from 2022 indicate that there were 64,362 TBI-related deaths and 223,135 TBI-related hospitalisations reported in 2020. 

In addition to the previously mentioned fact, it was predicted that 1.9 million new cancer cases would have been detected in the United States in 2021 according to the statistics provided by the American Cancer Society. So, during the projected period, the market for Minimally Invasive Surgical Devices is anticipated to continue expanding (2023-2028).

Scope of the Minimally Invasive Surgical Devices Market Report

• Coverage: Global
• Study Period: 2019–2028
• Minimally Invasive Surgical Devices Market Segmentation By Product Type: (Electrosurgical Devices, Endoscopes [Laparoscopes, Neuroendoscopy Systems, and Others] Inflation Devices, Handheld Instruments, Surgical Robotic Systems, and Others
• Minimally Invasive Surgical Devices Market Segmentation Application: Cosmetic, Orthopedic, Neurological, Gynecological, Cardiovascular, and Others
• Minimally Invasive Surgical Devices Market Segmentation By End-User: Hospitals, Ambulatory Surgical Centers, and Others
• Minimally Invasive Surgical Devices Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of the World
• Key Minimally Invasive Surgical Devices Companies: Abbott, Olympus, Intuitive Surgical Inc, Stryker, JOHNSON & JOHNSON MEDICAL DEVICES COMPANIES, Medtronic, Boston Scientific Corporation, CONMED Corporation, KARL STORZ GmbH, CooperSurgical, Inc., Cook, AngioDynamics, FUJIFILM Corporation, Symmetry Surgical Inc, B. Braun Melsungen AG, BD, Shenzhen Mindray Bio-Medical Electronics Co., Ltd, Zimmer Biomet, Richard Wolf GmbH, Microport Scientific Corporation others
• Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View

Which MedTech key companies in the Minimally Invasive Surgical Devices market are set to emerge as the trendsetter explore @ Minimally Invasive Surgical Devices

Table of Contents 

Interested in knowing how the Minimally Invasive Surgical Devices market will grow by 2028? Click to get a snapshot of the Minimally Invasive Surgical Devices Market Analysis

About DelveInsight

DelveInsight is a leading Business Consultant, and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing comprehensive end-to-end solutions to improve their performance.  

Media Contact
Company Name: DelveInsight Business Research
Contact Person: Gaurav Bora
Email: Send Email
Phone: 8774225362
Address:27 Drydock Ave S. Jones Blvd #2432
City: Boston
State: MA
Country: United States
Website: https://www.delveinsight.com/consulting/asset-prioritizaton-services