Global Minimally Invasive Surgery Market Research Report: Forecast (2024-2030)

Minimally Invasive Surgery Market Report - By Product (Surgical Devices, Imaging & Visualizing Systems, Electrosurgical Devices, Endoscopy Devices, Medical Robots, Robotic Systems,...... Robotic Instruments, Robotic Softwares & Services), By Application (Cardio-Thoracic Surgery, Vascular Surgery, Neurological Surgery, ENT & Respiratory Surgery, Cosmetic Surgery, Gastrointestinal & Abdominal Surgery, Urological Surgery, Orthopedic Surgery, Oncology Surgery, Dental Surgery, Others), By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Orthopedic, Emergency, and Trauma Centers, Others), and Others Read more

  • Healthcare
  • May 2024
  • 194
  • PDF, Excel, PPT

Market Definition

Minimally invasive surgery encompasses surgical techniques that aim to reduce physical trauma by using smaller incisions and specialized instruments. This approach leads to less tissue damage, reduced pain, quicker recovery times, and shorter hospital stays compared to traditional open surgery. Commonly employed methods include laparoscopic, robotic-assisted, and endoscopic surgery, each designed to enhance surgical precision and improve patient outcomes.

Market Insights & Analysis: Global Minimally Invasive Surgery Market (2024-30):

The Global Minimally Invasive Surgery Market size is estimated to grow at a CAGR of around 17.8% during the forecast period, i.e., 2024-30. An increase in chronic and lifestyle-related diseases and a growing preference for less invasive medical procedures are some of the factors influencing the market development. The benefits of MIS, such as fewer incisions, reduced infection risk, and quicker recovery times, make it a preferred choice for treating conditions in gynecology, urology, gastroenterology, and more. Furthermore, advancements & innovations in MIS technologies by global and regional market players are creating substantial opportunities for industry expansion.

Report Coverage Details
Study Period Historical Data: 2019-22
Base Year: 2023
Forecast Period: 2024-30
CAGR (2024-2030) 17.8%
Regions Covered North America: The US, Canada, Mexico
South America: Brazil, Rest of South America
Europe: Germany, The UK, France, Italy, Spain, Rest of Europe
Asia-Pacific: China, Japan, India, South Korea, Australia, Rest of Asia-Pacific
Middle East & Africa: GCC, South Africa, Rest of Middle East & Africa
Key Companies Profiled Medtronics Plc, Abbott Laboratories, Becton, Dickinson, and Company, Stryker Corporation, Johnson & Johnson, Smith & Nephew, Siemens Healthineers, Philips Healthcare, CooperSurgical Inc., Fujifilm Corporation, GE Healthcare, Boston Scientific, Cook Medical, Zimmer Biomet Holdings, Karl Storz, among others
Unit Denominations USD Million/Billion

 

Also, the increasing global adoption of surgical robots, which have transformed MIS by offering cost-effective solutions with outcomes comparable to those of in-patient and conventional surgeries, continues to add value for both patients and insurers. This trend is expected to persist and contribute in enhancing the Minimally Invasive Surgery Market size. Moreover, the frequent introduction of new products and a rise in regulatory approvals are expanding market opportunities. For instance:

  • In 2022, Abbott launched Navitor, a cutting-edge transcatheter aortic valve implantation system designed for extensive use in managing aortic stenosis.

Therefore, these developments highlight a robust position for the Minimally Invasive Surgery (MIS) Market, as technological advancements and strategic expansions continue to drive in the forthcoming period.

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Global Minimally Invasive Surgery Market Patent Analysis
  5. Global Minimally Invasive Surgery Market Start-up Ecosystem, 2019-2024
    1. Entrepreneurial Activity
    2. Year-on-Year Funding Received
    3. Funding Received by Top Companies
    4. Key Investors Active in the Market
    5. Series-wise Funding Received
      1. Seed Funding
      2. Angel Investing
      3. Venture Capitalists (VC) Funding
      4. Others
  6. Global Minimally Invasive Surgery Market Trends & Insights
  7. Global Minimally Invasive Surgery Market Dynamics
    1. Drivers
    2. Challenges
  8. Global Minimally Invasive Surgery Market Hotspots & Opportunities
  9. Global Minimally Invasive Surgery Market Regulations & Policies
  10. Global Minimally Invasive Surgery Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
        1. Surgical Devices- Market Size & Forecast 2019-2030F, USD Million
          1. Handheld Instruments- Market Size & Forecast 2019-2030F, USD Million
            1. Tubular Retractor- Market Size & Forecast 2019-2030F, USD Million
            2. Dilator- Market Size & Forecast 2019-2030F, USD Million
            3. Suturing Instruments- Market Size & Forecast 2019-2030F, USD Million
            4. Probes- Market Size & Forecast 2019-2030F, USD Million
            5. Laser Fiber Devices- Market Size & Forecast 2019-2030F, USD Million
          2. Guiding Devices- Market Size & Forecast 2019-2030F, USD Million
            1. Guiding Catheters- Market Size & Forecast 2019-2030F, USD Million
            2. Guidewires- Market Size & Forecast 2019-2030F, USD Million
          3. Inflation Systems- Market Size & Forecast 2019-2030F, USD Million
            1. Balloon Catheters- Market Size & Forecast 2019-2030F, USD Million
            2. Balloon Inflation Systems- Market Size & Forecast 2019-2030F, USD Million
          4. Laparoscopic Devices- Market Size & Forecast 2019-2030F, USD Million
            1. Laparoscope- Market Size & Forecast 2019-2030F, USD Million
            2. Trocar & Cannula- Market Size & Forecast 2019-2030F, USD Million
            3. RASP (Robotic Assisted Simple Prostatectomy)- Market Size & Forecast 2019-2030F, USD Million
            4. Graspers & Dissectors- Market Size & Forecast 2019-2030F, USD Million
        2. Imaging & Visualizing Systems- Market Size & Forecast 2019-2030F, USD Million
          1. Ultrasound- Market Size & Forecast 2019-2030F, USD Million
          2. CT Imaging- Market Size & Forecast 2019-2030F, USD Million
          3. MRI Imaging- Market Size & Forecast 2019-2030F, USD Million
          4. X-Ray Imaging- Market Size & Forecast 2019-2030F, USD Million
          5. Visualization Systems- Market Size & Forecast 2019-2030F, USD Million
        3. Electrosurgical Devices- Market Size & Forecast 2019-2030F, USD Million
          1. Electrosurgical Generators & Accessories- Market Size & Forecast 2019-2030F, USD Million
          2. Electrocautery Devices- Market Size & Forecast 2019-2030F, USD Million
        4. Endoscopy Devices- Market Size & Forecast 2019-2030F, USD Million
          1. Rigid Endoscopes- Market Size & Forecast 2019-2030F, USD Million
          2. Flexible Endoscopes- Market Size & Forecast 2019-2030F, USD Million
          3. Diagnostic Endoscopes- Market Size & Forecast 2019-2030F, USD Million
        5. Medical Robots- Market Size & Forecast 2019-2030F, USD Million
          1. Robotic Systems- Market Size & Forecast 2019-2030F, USD Million
          2. Robotic Instruments- Market Size & Forecast 2019-2030F, USD Million
          3. Robotic Softwares & Services- Market Size & Forecast 2019-2030F, USD Million
      2. By Application
        1. Cardio-Thoracic Surgery- Market Size & Forecast 2019-2030F, USD Million
        2. Vascular Surgery- Market Size & Forecast 2019-2030F, USD Million
        3. Neurological Surgery- Market Size & Forecast 2019-2030F, USD Million
        4. ENT & Respiratory Surgery- Market Size & Forecast 2019-2030F, USD Million
        5. Cosmetic Surgery- Market Size & Forecast 2019-2030F, USD Million
        6. Gastrointestinal & Abdominal Surgery- Market Size & Forecast 2019-2030F, USD Million
        7. Urological Surgery- Market Size & Forecast 2019-2030F, USD Million
        8. Orthopedic Surgery- Market Size & Forecast 2019-2030F, USD Million
        9. Oncology Surgery- Market Size & Forecast 2019-2030F, USD Million
        10. Dental Surgery- Market Size & Forecast 2019-2030F, USD Million
        11. Others- Market Size & Forecast 2019-2030F, USD Million
      3. By End User
        1. Hospitals & Clinics- Market Size & Forecast 2019-2030F, USD Million
        2. Ambulatory Surgical Centers- Market Size & Forecast 2019-2030F, USD Million
        3. Orthopedic, Emergency, and Trauma Centers- Market Size & Forecast 2019-2030F, USD Million
        4. Others- Market Size & Forecast 2019-2030F, USD Million
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. The Middle East & Africa
        5. Asia-Pacific
      5. By Company
        1. Market Share of Top Companies
        2. Competition Characteristics
  11. North America Minimally Invasive Surgery Market Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product - Market Size & Forecast 2019-2030F, USD Million
      2. By Application- Market Size & Forecast 2019-2030F, USD Million
      3. By End User- Market Size & Forecast 2019-2030F, USD Million
      4. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
    4. Canada Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
    5. Mexico Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
  12.  South America Minimally Invasive Surgery Market Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product - Market Size & Forecast 2019-2030F, USD Million
      2. By Application- Market Size & Forecast 2019-2030F, USD Million
      3. By End User- Market Size & Forecast 2019-2030F, USD Million
      4. By Country
        1. Brazil
        2. Rest of South America
    3. Brazil Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
  13. Europe Minimally Invasive Surgery Market Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product - Market Size & Forecast 2019-2030F, USD Million
      2. By Application- Market Size & Forecast 2019-2030F, USD Million
      3. By End User- Market Size & Forecast 2019-2030F, USD Million
      4. By Country
        1. Germany
        2. The UK
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    3. Germany Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
    4. The UK Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
    5. France Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
    6. Italy Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
    7. Spain Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
  14. The Middle East & Africa Minimally Invasive Surgery Market Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product - Market Size & Forecast 2019-2030F, USD Million
      2. By Application- Market Size & Forecast 2019-2030F, USD Million
      3. By End User- Market Size & Forecast 2019-2030F, USD Million
      4. By Country
        1. GCC
        2. South Africa
        3. Rest of the Middle East & Africa
    3. GCC Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
    4. South Africa Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
  15. Asia-Pacific Minimally Invasive Surgery Market Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product - Market Size & Forecast 2019-2030F, USD Million
      2. By Application- Market Size & Forecast 2019-2030F, USD Million
      3. By End User- Market Size & Forecast 2019-2030F, USD Million
      4. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Australia
        6. Rest of Asia-Pacific
    3. China Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
    4. Japan Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
    5. India Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
    6. South Korea Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
    7. Australia Minimally Invasive Surgery Market Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application- Market Size & Forecast 2019-2030F, USD Million
        2. By End User- Market Size & Forecast 2019-2030F, USD Million
  16. Global Minimally Invasive Surgery Market Key Strategic Imperatives for Growth & Success
  17. Competition Outlook
    1. Company Profiles
      1. Medtronic Plc
        1. Business Description
        2. Technology Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. Abbott Laboratories
        1. Business Description
        2. Technology Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. Becton, Dickinson, and Company
        1. Business Description
        2. Technology Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. Stryker Corporation
        1. Business Description
        2. Technology Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. Johnson & Johnson
        1. Business Description
        2. Technology Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Smith & Nephew
        1. Business Description
        2. Technology Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. Siemens Healthineers
        1. Business Description
        2. Technology Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. Philips Healthcare
        1. Business Description
        2. Technology Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. CooperSurgical Inc.
        1. Business Description
        2. Technology Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. Fujifilm Corporation
        1. Business Description
        2. Technology Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. GE Healthcare
        1. Business Description
        2. Technology Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      12. Boston Scientific
        1. Business Description
        2. Technology Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      13. Cook Medical
        1. Business Description
        2. Technology Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      14. Zimmer Biomet Holdings
        1. Business Description
        2. Technology Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      15. Karl Storz
        1. Business Description
        2. Technology Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      16. Others
  18. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making