Global Minimally Invasive Surgery Market Expected To Expand At Approx 7.8% CAGR During 2020–2026

As per the researchers at Zion Market Research, the global minimally invasive surgery market was valued at about USD 38.70 billion in 2019 and is projected to attain a value of around USD 63.70 billion by 2026, registering approx 7.8% CAGR during the forecast period. Few of the active players within the global minimally invasive surgery market are Medtronic Inc., Zimmer Biomet Inc., Intuitive, GE Healthcare, Stryker Corporation, Eximis Surgical, B. Braun, Arthrex, Check-Cap, Bauer Medical, OmniGuide, Inc., Cook Medical, Pentax, Orthofix Holdings, Inc., RF System, Philips Healthcare, TransEnterix, Smith & Nephew, and Virtual Ports, among others. The key factors driving the expansion of the global minimally invasive surgery market comprise the higher approval of minimally invasive surgeries compared to traditional surgeries, technological innovations, and the rising incidence of chronic & lifestyle-associated disorders. Further, increasing elderly population worldwide together with the rising incidence of cancer, cardiovascular diseases, and arthritis is expected the increase the surgery count, thus further propelling the market growth.

Based On Application, Gastrointestinal Segment Projected To Witness Highest Growth Rate

The gastrointestinal segment, on the basis of application, is anticipated to witness the highest growth during the forecast period on account of the increasing prevalence of gastrointestinal diseases in the elderly, adult, and young groups globally. A few of the gastrointestinal disorders include irritable bowel syndrome, dyspepsia, and constipation. Minimally invasive surgery has received recognition for benign disorders and has confirmed its efficacy & safety when compared to traditional techniques.

North America To Continue Its Supremacy Over The Market During The Forecast Period

In the global minimally invasive surgery market, a major share was held by North America in 2018 and is anticipated to continue its supremacy over the forecast period. This regional growth is contributed by factors such as the rising incidence of neurological disorders along with the rising implementation of minimally invasive surgeries. Additionally, innovations in several surgical devices from well-known players, in the US, are projected to propel the market expansion in this region. Also, Asia Pacific is projected to witness considerable growth in the minimally invasive surgery market during the coming period. The increasing elderly population in China & Japan, developing economy, and road crashes are anticipated to encourage the emergence of minimally invasive surgical procedures in this region.

Browse the full “Global 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.” Report at https://www.zionmarketresearch.com/report/minimally-invasive-surgery-market

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

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