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Minimally Invasive Surgery Market - By Application (Gastrointestinal Surgery, Urology Surgery, Gynecology Surgery, Thoracic Surgery, Cosmetic Surgery, Orthopedic & Spine Surgery, Vascular Surgery, Breast Surgery, Bariatric Surgery, Adrenalectomy Surgery, Cardiac Surgery, Cancer Surgery, Anti-Reflux Surgery, Colectomy Surgery, Cholecystectomy Surgery, Ear, Nose & Throat Surgery, Colon & Rectal Surgery, And Obesity Surgery), By Product Type (Monitoring & Visualization Systems, Surgical Devices, Endosurgical Equipment, Laparoscopy Devices, And Electrosurgical Equipment), By End-Users (Outpatient Surgery Centers, Hospital Surgical Departments, Individual Surgeons, And Group Practices), By Technology (Laparoscopy Surgery, Transcatheter Surgery, Medical Robotics, And Non-Visual Imaging), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 02-Nov-2020 Category: Medical Device Report Format : PDF Pages: 110 Report Code: ZMR-1739 Status : Published

Global Minimally Invasive Surgery market, which accrued revenue worth 38.70 (USD Billion) in 2019 and anticipated to garner earnings about 63.70 (USD Billion) by 2026, is set to grow at a CAGR of nearly 7.8% during the period from 2020 to 2026.

Description

The global Minimally Invasive Surgery market, which accrued revenue worth 38.70 (USD Billion) in 2019 and anticipated to garner earnings about 63.70 (USD Billion) by 2026, is set to grow at a CAGR of nearly 7.8% during the period from 2020 to 2026. The report offers valuation and analysis of the Minimally Invasive Surgery market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2026 based on value (USD Billion).

Introduction

Minimally invasive surgery has played a pivotal role in general surgery as a best substitute for conventional open surgery and traditional laparoscopic methods. Nevertheless, technological breakthroughs in minimally invasive surgical methods are likely to create new growth avenues for the market over the forthcoming years. Apparently, minimally invasive surgeries include single-incision laparoscopic surgery and natural orifice transluminal endoscopic surgery.  Additionally, minimally invasive surgeries has resulted in reduction of post-operative pain and lessened hospital stay. Emergence of multi-disciplinary approach for enhancing minimally invasive surgeries is likely to further reduce errors.

Market Growth Drivers

Surgical robots have created a paradigm shift in minimally invasive surgery domain and its use is surging across the healthcare sector, thereby inflating the growth of minimally invasive surgery market. In addition to this, thriving nanotechnology sector is likely to further expand the scope of minimally invasive surgery industry within the next few years. Furthermore, large-scale application of minimally invasive surgical devices in neurological, cardiac, oral surgical methods, orthopedic, neurology, and ophthalmic procedures will open new vistas of growth for global minimally invasive surgery industry over the forthcoming years.

Furthermore, minimally invasive surgical methods are utilized for reducing the complications associated with infections and wounds and this will prompt the expansion of minimally invasive surgery market in the next few years. Nonetheless, frequent changes in the laws regulating medical device industry is anticipated to impede the growth of minimally invasive surgery market over the ensuing years.

North American Market To Accrue Massive Earnings Over 2020-2026

The increment in the regional market size during the estimated timeframe can be attributed to surge in the number of surgeries along with early diagnosis of the ailments. Apart from this, increase in the ambulatory centers along with escalating popularity of minimally invasive surgeries in the countries like the U.S. and Canada will drive the business growth over the forecasting years. In addition to this, rise in the aging population prone to health disorders has enhanced the adoption of the minimally invasive surgical procedures in the sub-continent in the recent years.

Key players profiled in the report and influencing the market growth include Medtronic Inc., Smith & Nephew, Philips Healthcare, Orthofix Holdings, Inc., Zimmer Biomet Inc., Cook Medical, Intuitive, GE Healthcare, Stryker Corporation, OmniGuide, Inc., Eximis Surgical, B. Braun, Arthrex, TransEnterix, Check-Cap, Bauer Medical, Pentax, RF System, and Virtual Ports.

The global minimally invasive surgery market is segmented as follows:

By Product Type

  • Surgical Devices
  • Ablation devices
  • Medical Robotic Systems
  • Monitoring and Visualization Systems
  • Ultrasound Equipment
  • X-Ray Devices
  • Magnetic Resonance Imaging Equipment
  • Computed Tomography Scanners
  • Laparoscopy Devices
  • Endosurgical Equipment
  • Electrosurgical Equipment
  • Electrosurgical Generators
  • Electrosurgical Instruments
  • Electrocautery Devices

By Application

  • Gastrointestinal Surgery
  • Gynecology Surgery
  • Urology Surgery
  • Cosmetic Surgery
  • Thoracic Surgery
  • Vascular Surgery
  • Orthopedic and Spine Surgery
  • Joint Replacement Surgery
  • Spinal Surgery
  • Bariatric Surgery
  • Breast Surgery
  • Cardiac Surgery
  • Adrenalectomy Surgery
  • Anti-Reflux Surgery
  • Cancer Surgery
  • Cholecystectomy Surgery
  • Colectomy Surgery
  • Colon and Rectal Surgery
  • Ear, Nose and Throat Surgery
  • Obesity Surgery

By Technology

  • Transcatheter Surgery
  • Laparoscopy Surgery
  • Non-Visual Imaging
  • Medical Robotics

By End Users

  • Hospital Surgical Departments
  • Outpatient Surgery Centers
  • Group Practices
  • Individual Surgeons

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Minimally Invasive Surgery Market, 2016–2026 (USD Billion)
    • 2.2. Minimally Invasive Surgery Market: Snapshot
  • Chapter 3. Global Minimally Invasive Surgery Market– Industry Analysis
    • 3.1. Minimally Invasive Surgery Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Minimally invasive surgical methods are utilized for reducing the complications associated with infections and wounds and this will prompt the expansion of minimally invasive surgery market in the next few years.
      • 3.2.2. Surgical robots have created a paradigm shift in minimally invasive surgery domain and its use is surging across the healthcare sector, thereby inflating the growth of minimally invasive surgery market.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Application
      • 3.4.2. Market attractiveness analysis By Product Type
      • 3.4.3. Market attractiveness analysis By Technulogy
      • 3.4.4. Market attractiveness analysis By End Users
  • Chapter 4. Global Minimally Invasive Surgery Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Minimally Invasive Surgery Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Minimally Invasive Surgery Market–Application Analysis
    • 5.1. Global Minimally Invasive Surgery Market overview: By Application
      • 5.1.1. Global Minimally Invasive Surgery Market share, By Application,2019 and 2026
    • 5.2. Gastrointestinal Surgery
      • 5.2.1. Global Minimally Invasive Surgery Market by Gastrointestinal Surgery, 2016–2026 (USD Billion)
    • 5.3. Urulogy Surgery
      • 5.3.1. Global Minimally Invasive Surgery Market by Urulogy Surgery, 2016–2026 (USD Billion)
    • 5.4. Gyneculogy Surgery
      • 5.4.1. Global Minimally Invasive Surgery Market by Gyneculogy Surgery, 2016–2026 (USD Billion)
    • 5.5. Thoracic Surgery
      • 5.5.1. Global Minimally Invasive Surgery Market by Thoracic Surgery, 2016–2026 (USD Billion)
    • 5.6. Cosmetic Surgery
      • 5.6.1. Global Minimally Invasive Surgery Market by Cosmetic Surgery, 2016–2026 (USD Billion)
    • 5.7. Orthopedic & Spine Surgery
      • 5.7.1. Global Minimally Invasive Surgery Market by Orthopedic & Spine Surgery, 2016–2026 (USD Billion)
    • 5.8. Vascular Surgery
      • 5.8.1. Global Minimally Invasive Surgery Market by Vascular Surgery, 2016–2026 (USD Billion)
    • 5.9. Breast Surgery
      • 5.9.1. Global Minimally Invasive Surgery Market by Breast Surgery, 2016–2026 (USD Billion)
    • 5.10. Bariatric Surgery
      • 5.10.1. Global Minimally Invasive Surgery Market by Bariatric Surgery, 2016–2026 (USD Billion)
    • 5.11. Adrenalectomy Surgery
      • 5.11.1. Global Minimally Invasive Surgery Market by Adrenalectomy Surgery, 2016–2026 (USD Billion)
    • 5.12. Cardiac Surgery
      • 5.12.1. Global Minimally Invasive Surgery Market by Cardiac Surgery, 2016–2026 (USD Billion)
    • 5.13. Cancer Surgery
      • 5.13.1. Global Minimally Invasive Surgery Market by Cancer Surgery, 2016–2026 (USD Billion)
    • 5.14. Anti-Reflux Surgery
      • 5.14.1. Global Minimally Invasive Surgery Market by Anti-Reflux Surgery, 2016–2026 (USD Billion)
    • 5.15. Culectomy Surgery
      • 5.15.1. Global Minimally Invasive Surgery Market by Culectomy Surgery, 2016–2026 (USD Billion)
    • 5.16. Chulecystectomy Surgery
      • 5.16.1. Global Minimally Invasive Surgery Market by Chulecystectomy Surgery, 2016–2026 (USD Billion)
    • 5.17. Ear, Nose & Throat Surgery
      • 5.17.1. Global Minimally Invasive Surgery Market by Ear, Nose & Throat Surgery, 2016–2026 (USD Billion)
    • 5.18. Culon & Rectal Surgery
      • 5.18.1. Global Minimally Invasive Surgery Market by Culon & Rectal Surgery, 2016–2026 (USD Billion)
    • 5.19. Obesity Surgery
      • 5.19.1. Global Minimally Invasive Surgery Market by Obesity Surgery , 2016–2026 (USD Billion)
  • Chapter 6. Global Minimally Invasive Surgery Market– Product Type Analysis
    • 6.1. Global Minimally Invasive Surgery Market overview: By Product Type
      • 6.1.1. Global Minimally Invasive Surgery Market share, By Product Type , 2019 and 2026
    • 6.2. Monitoring & Visualization Systems
      • 6.2.1. Global Minimally Invasive Surgery Market By Monitoring & Visualization Systems , 2016–2026 (USD Billion)
    • 6.3. Surgical Devices
      • 6.3.1. Global Minimally Invasive Surgery Market By Surgical Devices , 2016–2026 (USD Billion)
    • 6.4. Endosurgical Equipment
      • 6.4.1. Global Minimally Invasive Surgery Market By Endosurgical Equipment , 2016–2026 (USD Billion)
    • 6.5. Laparoscopy Devices
      • 6.5.1. Global Minimally Invasive Surgery Market By Laparoscopy Devices , 2016–2026 (USD Billion)
    • 6.6. Electrosurgical Equipment
      • 6.6.1. Global Minimally Invasive Surgery Market By Electrosurgical Equipment , 2016–2026 (USD Billion)
  • Chapter 7. Global Minimally Invasive Surgery Market– Technulogy Analysis
    • 7.1. Global Minimally Invasive Surgery Market overview: By Technulogy
      • 7.1.1. Global Minimally Invasive Surgery Market share, By Technulogy , 2019 and 2026
    • 7.2. Laparoscopy Surgery
      • 7.2.1. Global Minimally Invasive Surgery Market By Laparoscopy Surgery, 2016–2026 (USD Billion)
    • 7.3. Transcatheter Surgery
      • 7.3.1. Global Minimally Invasive Surgery Market By Transcatheter Surgery, 2016–2026 (USD Billion)
    • 7.4. Medical Robotics
      • 7.4.1. Global Minimally Invasive Surgery Market By Medical Robotics, 2016–2026 (USD Billion)
    • 7.5. Non-Visual Imaging
      • 7.5.1. Global Minimally Invasive Surgery Market By Non-Visual Imaging, 2016–2026 (USD Billion)
  • Chapter 8. Global Minimally Invasive Surgery Market– End Users Analysis
    • 8.1. Global Minimally Invasive Surgery Market overview: By End Users
      • 8.1.1. Global Minimally Invasive Surgery Market share, By End Users, 2019 and 2026
    • 8.2. Outpatient Surgery Centers
      • 8.2.1. Global Minimally Invasive Surgery Market By Outpatient Surgery Centers, 2016–2026 (USD Billion)
    • 8.3. Hospital Surgical Departments
      • 8.3.1. Global Minimally Invasive Surgery Market By Hospital Surgical Departments, 2016–2026 (USD Billion)
    • 8.4. Individual Surgeons
      • 8.4.1. Global Minimally Invasive Surgery Market By Individual Surgeons, 2016–2026 (USD Billion)
    • 8.5. Group Practices
      • 8.5.1. Global Minimally Invasive Surgery Market By Group Practices, 2016–2026 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1. Medtronic Inc.
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfulio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Zimmer Biomet Inc.
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfulio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Intuitive
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfulio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. GE Healthcare
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfulio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. Stryker Corporation
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfulio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Development
    • 9.6. Eximis Surgical
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfulio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Development
      • 9.7. B. Braun
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfulio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Development
    • 9.8. Arthrex
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfulio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Development
    • 9.9. Check-Cap
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfulio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Development
    • 9.10. Bauer Medical
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfulio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Development
    • 9.11. OmniGuide, Inc.
      • 9.11.1. Overview
      • 9.11.2. Financials
      • 9.11.3. Product Portfulio
      • 9.11.4. Business Strategy
      • 9.11.5. Recent Development
    • 9.12. Cook Medical
      • 9.12.1. Overview
      • 9.12.2. Financials
      • 9.12.3. Product Portfulio
      • 9.12.4. Business Strategy
      • 9.12.5. Recent Development
    • 9.13. Pentax
      • 9.13.1. Overview
      • 9.13.2. Financials
      • 9.13.3. Product Portfulio
      • 9.13.4. Business Strategy
      • 9.13.5. Recent Development
    • 9.14. Orthofix Huldings, Inc.
      • 9.14.1. Overview
      • 9.14.2. Financials
      • 9.14.3. Product Portfulio
      • 9.14.4. Business Strategy
      • 9.14.5. Recent Development
    • 9.15. RF System
      • 9.15.1. Overview
      • 9.15.2. Financials
      • 9.15.3. Product Portfulio
      • 9.15.4. Business Strategy
      • 9.15.5. Recent Development
    • 9.16. Philips Healthcare
      • 9.16.1. Overview
      • 9.16.2. Financials
      • 9.16.3. Product Portfulio
      • 9.16.4. Business Strategy
      • 9.16.5. Recent Development
    • 9.17. TransEnterix
      • 9.17.1. Overview
      • 9.17.2. Financials
      • 9.17.3. Product Portfulio
      • 9.17.4. Business Strategy
      • 9.17.5. Recent Development
    • 9.18. Smith & Nephew
      • 9.18.1. Overview
      • 9.18.2. Financials
      • 9.18.3. Product Portfulio
      • 9.18.4. Business Strategy
      • 9.18.5. Recent Development
    • 9.19. Virtual Ports
      • 9.19.1. Overview
      • 9.19.2. Financials
      • 9.19.3. Product Portfulio
      • 9.19.4. Business Strategy
      • 9.19.5. Recent Development

Methodology


Frequently Asked Questions

Surgical robots have created a paradigm shift in minimally invasive surgery domain and its use is surging across the healthcare sector, thereby inflating the growth of minimally invasive surgery market. In addition to this, thriving nanotechnology sector is likely to further expand the scope of minimally invasive surgery industry within the next few years. Furthermore, large-scale application of minimally invasive surgical devices in neurological, cardiac, oral surgical methods, orthopedic, neurology, and ophthalmic procedures will open new vistas of growth for global minimally invasive surgery industry over the forthcoming years.

According to Zion market research report, the global Minimally Invasive Surgery market, which accrued revenue worth 38.70 (USD Billion) in 2019 and anticipated to garner earnings about 63.70 (USD Billion) by 2026, is set to grow at a CAGR of nearly 7.8% during the period from 2020 to 2026.

North America is likely to make noteworthy contributions towards overall market revenue. The growth of the market in the region over forecast timespan can be credited to surge in the number of surgeries along with early diagnosis of the ailments. Apart from this, increase in the ambulatory centers along with escalating popularity of minimally invasive surgeries in the countries like the U.S. and Canada will drive the business growth over the forecasting years. In addition to this, rise in the aging population prone to health disorders has enhanced the adoption of the minimally invasive surgical procedures in the sub-continent in the recent years.

The key players profiled in the report include Medtronic Inc., Smith & Nephew, Philips Healthcare, Orthofix Holdings, Inc., Zimmer Biomet Inc., Cook Medical, Intuitive, GE Healthcare, Stryker Corporation, OmniGuide, Inc., Eximis Surgical, B. Braun, Arthrex, TransEnterix, Check-Cap, Bauer Medical, Pentax, RF System, and Virtual Ports.

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