Global Minimally Invasive Surgical Systems

Global Minimally Invasive Surgical Systems Market Research Report: Forecast (2021-2026)

By Type (Conventional MISS [Endoscopes and Endoscopic Systems (Rigid Endoscopes {Laparoscopes, Arthroscopes, Urology Endoscopes (Cystoscopes, Resectoscopes, Nephroscopes, Other Urology Endoscopes), Gy Read more

  • Healthcare
  • May 2021
  • 202
  • HC22065

Market Overview

Minimally Invasive Surgery involves surgical procedures performed through minute incisions instead of a large opening. Its benefits include shorter recovery time, fewer complications, and less pain.

According to the MarkNtel Advisors’ research report, "Global Minimally Invasive Surgical Systems Market Analysis, 2021," the market is likely to grow at a CAGR of around 7.6% during 2021-26, primarily due to the mounting geriatric population across the world. Additionally, the rising prevalence of cancer, cardiovascular diseases, and arthritis further propels the demand for minimally invasive surgeries as they involve minimal procedural trauma and fewer risks.

Further, snowballing adoption of robotic technology associated with precise control over the surgery coupled with fewer risks and higher efficiencies have resulted in higher success rates of minimally invasive surgical procedures, thereby boosting the overall market growth.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-2026) 7.6%
Regions Covered North America: USA, Canada
Europe: Germany, UK, France, Italy, Spain, Russia
Asia-Pacific: China, India, Japan, South Korea
South America: Brazil, Argentina, Mexico
Middle East & Africa: UAE, Saudi Arabia, Israel
Key Companies Profiled Auris Health, Inc. (Johnson & Johnson), Boston Scientific Corporation, Cook Medical, Corindus Vascular Robotics Inc, Intuitive Surgical Inc, Medrobotics Corporation, Medtech SA (Zimmer Biomet Holdings, Inc.), Mazor Robotics Ltd., Olympus Corporation, Renishaw Plc, Restoration Robotics Inc, Smith & Nephew Plc, Stereotaxis Inc, Mako Surgical Corp (Stryker Corporation), Think Surgical Inc., TransEnterix, Inc., Richard Wolf GmbH, Pentax Medical (Hoya Corporation), Fujifilm Holdings Corporation, and Siemens Healthcare GmbH.
Unit Denominations USD Million/Billion

 

Impact of COVID-19

Due to the sudden outbreak of the Covid-19 pandemic, Global Minimally Invasive Surgical Systems Market has witnessed a positive impact. However, the lockdown imposed in the wake of the pandemic restricted the movement of people, resulting in longer waiting lists for surgeries due to surging patient footfall with diseases involving surgical treatment. 

Further, open surgeries involve higher risks as people are then more susceptible to infections. Therefore, minimally invasive surgical systems are gaining wide popularity, and the overall market is likely to grow steadily in the forecast years.

Global Minimally Invasive Surgical Systems Market Research Report: Forecast (2021-2026)

Market Segmentation

Orthopedic Surgery Accounted for the Largest Market Share

Based on the Application, the market segments into Urology Surgery, Gynecology Surgery, General Surgery, Cardiovascular Surgery, Orthopedic Surgery, Head and Neck Surgery (Neurosurgery). Among these, Orthopedic Surgery held the largest share in the Global Minimally Invasive Surgical Systems Market in the past few years. Orthopedic surgeries involving minimal invasive procedures result in a faster recovery/healing process and higher patient satisfaction as there is no need to separate the muscle from bone.

Further, the minimally invasive surgical system is used massively by surgeons & hospitals as it involves fewer postoperative complications and reduced hospitalization. Hence, these factors contribute to the overall market growth, reveals MarkNtel Advisors in their research report, "Global Minimally Invasive Surgical Systems Market Analysis, 2021."

Hospital Segment Dominated the Market

Based on the End-User vertical, Global Minimally Invasive Surgical Systems Market bifurcates into Hospitals, Ambulatory Surgical Centers, and Specialty Clinics. Of these, Hospitals acquired the largest market share in the previous few years. It owes to their rising demand for conducting minimally invasive surgeries due to the abundant availability of highly skilled healthcare professionals in hospitals. Moreover, increasing patient footfall in hospitals due to its excellent management and reliability further fuels the overall segment growth in the years to come.

Regional Landscape

North America Held the Largest Market Share

Geographically, North America attained the highest share in the Global Minimally Invasive Surgical Systems Market due to the burgeoning number of surgical procedures and early diagnosis of the diseases. In addition to this, the mounting popularity of minimally invasive surgeries in North American countries like the US and Canada is also propelling the market growth. Further, the growing geriatric population, which is more prone to diseases, has also positively influenced the demand for minimally invasive surgical procedures in the region in recent years.

Market Driver

Burgeoning Adoption of Advance Technologies in Medical Field likely to Boost the Market Growth

With time, there is immense progress in technological advancements. In the fast-changing world, new technologies are evolving rapidly while old ones are getting dismissed. Therefore, the development of minimally invasive surgical systems is significantly growing. Further, changing consumer preferences toward surgical procedures, which involve less risk, fewer complications, and minimum post-surgery traumas, is also likely to drive the market growth.

Competitive Landscape

According to MarkNtel Advisors, the leading players in the Global Minimally Invasive Surgical Systems Market are Auris Health, Inc. (Johnson & Johnson), Boston Scientific Corporation, Cook Medical, Corindus Vascular Robotics Inc, Intuitive Surgical Inc, Medrobotics Corporation, Medtech SA (Zimmer Biomet Holdings, Inc.), Mazor Robotics Ltd., Olympus Corporation, Renishaw Plc, Restoration Robotics Inc, Smith & Nephew Plc, Stereotaxis Inc, Mako Surgical Corp (Stryker Corporation), Think Surgical Inc., TransEnterix, Inc., Richard Wolf GmbH, Pentax Medical (Hoya Corporation), Fujifilm Holdings Corporation, and Siemens Healthcare GmbH.

Key Questions Answered in the Market Research Report:

  1. What are the overall market statistics or estimates (Market Overview, Market Size- by Value, Forecast Numbers, Market Segmentation, and Market Shares) of the Global Minimally Invasive Surgical Systems Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Minimally Invasive Surgical Systems Market? 
  4. Who are the key competitors, their key strengths & weaknesses, and how they perform in the Global Minimally Invasive Surgical Systems Market based on a competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the Global Minimally Invasive Surgical Systems Market study?

Market Outlook, Segmentation and Statistics 

  • Impact of COVID-19 on Global Minimally Invasive Surgical Systems Market
  • Market Size & Analysis
    • By Revenue
  • Market Share & Analysis
    • By Type
      • Conventional MISS
        • Endoscopes and Endoscopic Systems
          • Rigid Endoscopes
            • Laparoscopes
            • Arthroscopes
            • Urology Endoscopes
              • Cystoscopes
              • Resectoscopes
              • Nephroscopes
              • Other Urology Endoscopes
            • Gynecology Endoscopes
            • Neuroendoscopes
            • ENT Endoscopes
            • Other Rigid Endoscopes (GI)
          • Flexible Endoscopes
            • Gastrointestinal Endoscopes
              • Gastroscopes
              • Duodenoscopes
              • Enteroscopes
              • Sigmoidoscopes
              • Colonoscopes
              • Other GI Endoscopes
            • Urology Endoscopes
            • Gynecology Endoscopes
            • Bronchoscopes
            • Laryngoscopes
            • Pharyngoscopes
            • ENT Endoscopes
          • Capsule Endoscopy
            • Workstations and Data Recorders
            • Capsules
            • Others (Services and Patency System)
        • Video and Visualization Systems
          • Cameras
            • Single-Chip Cameras
            • 3-Chip Cameras
          • Displays and Monitors
            • Wireless
            • Wired
          • Video Convertors
          • Video Recorders
            • Standalone
            • Inbuilt
          • Video Processors
          • Camera Heads
            • CCD
            • CMOS
          • Light Sources
            • LED
            • XEON
            • Laser
            • Halogen
          • Printers
        • Instruments and Accessories
          • Insufflators
          • Endoscope Tip Protector, Tubing, Water Systems
          • Procedure Kits
          • Forceps
          • Retrieval Kits
          • Injection Needles
          • Energy Devices
          • Closure Devices
          • Hand Instruments
          • Access Devices
          • Others
        • Others
      • Surgical Robotics
        • Systems
        • Instruments & Accessories
        • Services
    • By Application
      • Urology Surgery
      • Gynecology Surgery
      • General Surgery
      • Cardiovascular Surgery
      • Orthopedic Surgery
      • Head and Neck Surgery (Neurosurgery)
      • Others (Biopsy, Hair, etc.)
    • By End Users
      • Hospitals
      • Ambulatory Surgical Centers
      • Specialty Clinics
    • By Region
      • North America
      • South America
      • Europe
      • Middle East & Africa
      • Asia-Pacific
    • By Competitors
      • Competition Characteristics
      • Market Share & Analysis
      • Competitive Metrix
  • Global Minimally Invasive Surgical Systems Market Hotspots & Opportunities
  • Global Minimally Invasive Surgical Systems Market Regulations & Policy
  • Key Strategic Imperatives for Success and Growth
  • Global Competition Outlook
    • Competition Matrix
    • Company Profile

Frequently Asked Questions

A. The Global Minimally Invasive Surgical Systems Market is forecast to grow at a CAGR of 7.6% during 2021-26.

A. The leading players of the Global Minimally Invasive Surgical Systems Market are Auris Health, Inc. (Johnson & Johnson), Boston Scientific Corporation, Cook Medical, Corindus Vascular Robotics Inc., Intuitive Surgical Inc., Medrobotics Corporation, Medtech SA (Zimmer Biomet Holdings, Inc.), Mazor Robotics Ltd., Olympus Corporation, Renishaw Plc, Restoration Robotics Inc., Smith & Nephew Plc, Stereotaxis Inc., Mako Surgical Corp (Stryker Corporation), Think Surgical Inc., TransEnterix, Inc., Richard Wolf GmbH, Pentax Medical (Hoya Corporation), Fujifilm Holdings Corporation, and Siemens Healthcare GmbH.

A. Hospital Segment is likely to attain the highest CAGR during the forecast period and maintain its significant market share.

A. North America continues to grow at the highest CAGR during 2021-26, thereby presenting immense opportunities to market players of the Global Minimally Invasive Surgical Systems Market

A. The rising geriatric population, mounting prevalence of arthritis, cancer & cardiovascular diseases, higher success rates, and fewer risk associated with Minimally Invasive Surgical procedures are the primary factors driving the growth of the Global Minimally Invasive Surgical Systems Market.

A. The outbreak of the COVID-19 pandemic has positively affected the Global Minimally Invasive Surgical Systems Market. These procedures involve a minimum number of cuts, fewer risks, and reduces stay period at the hospital, which is not the case of open surgeries. Therefore, the Global Minimally Invasive Surgical Systems Market is likely to grow significantly in the coming future.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Executive Summary
  3. Impact of COVID-19 on Global Minimally Invasive Surgical Systems Market
  4. Global Minimally Invasive Surgical Systems Market Value Chain Analysis
  5. Global Minimally Invasive Surgical Systems Market Intellectual Property Rights Analysis
    1. Patent Analysis
    2. Upcoming Technology Developments
    3. Patent Filings
  6. Global Minimally Invasive Surgical Systems Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  7. Global Minimally Invasive Surgical Systems Market Trends & Insights
  8. Global Minimally Invasive Surgical Systems Market Hotspots & Opportunities
  9. Global Minimally Invasive Surgical Systems Market Regulations & Government Roadmaps by Geographies
    1. The United States
    2. European Union
    3. Others
  10. Major Surgeries Done Globally using Minimally Invasive Surgical Systems (With Country & Hospital)
  11. Global Minimally Invasive Surgical Systems Market Pricing Trend Analysis
  12. Cost Comparison: Procedure VS Equipment
  13. Global Minimally Invasive Surgical Systems (MISS) Market Outlook, 2016-2026
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type
        1. Conventional MISS
          1. Endoscopes and Endoscopic Systems
            1. Rigid Endoscopes
              1. Laparoscopes
              2. Arthroscopes
              3. Urology Endoscopes
                1. Cystoscopes
                2. Resectoscopes
                3. Nephroscopes
                4. Other Urology Endoscopes
              4. Gynecology Endoscopes
              5. Neuroendoscopes
              6. ENT Endoscopes
              7. Other Rigid Endoscopes (GI)
            2. Flexible Endoscopes
              1. Gastrointestinal Endoscopes
                1. Gastroscopes
                2. Duodenoscopes
                3. Enteroscopes
                4. Sigmoidoscopes
                5. Colonoscopes
                6. Other GI Endoscopes
              2. Urology Endoscopes
              3. Gynecology Endoscopes
              4. Bronchoscopes
              5. Laryngoscopes
              6. Pharyngoscopes
              7. ENT Endoscopes
            3. Capsule Endoscopy
              1. Workstations and Data Recorders
              2. Capsules
              3. Others (Services and Patency System)
          2. Video and Visualization Systems
            1. Cameras
              1. Single-Chip Cameras
              2. 3-Chip Cameras
            2. Displays and Monitors
              1. Wireless
              2. Wired
            3. Video Convertors
            4. Video Recorders
              1. Standalone
              2. Inbuilt
            5. Video Processors
            6. Camera Heads
              1. CCD
              2. CMOS
            7. Light Sources
              1. LED
              2. XEON
              3. Laser
              4. Halogen
            8. Printers
          3. Instruments and Accessories
            1. Insufflators
            2. Endoscope Tip Protector, Tubing, Water Systems
            3. Procedure Kits
            4. Forceps
            5. Retrieval Kits
            6. Injection Needles
            7. Energy Devices
            8. Closure Devices
            9. Hand Instruments
            10. Access Devices
            11. Others
          4. Others
        2. Surgical Robotics
          1. Systems
          2. Instruments & Accessories
          3. Services
      2. By Application
        1. Urology Surgery
        2. Gynecology Surgery
        3. General Surgery
        4. Cardiovascular Surgery
        5. Orthopedic Surgery
        6. Head and Neck Surgery (Neurosurgery)
        7. Others (Biopsy, Hair, etc.)
      3. By End Users
        1. Hospitals
        2. Ambulatory Surgical Centers
        3. Specialty Clinics
      4. By Region
        1. North America
        2. Latin America
        3. Europe
        4. Middle East & Africa
        5. Asia Pacific
        6. Oceania
      5. By Competition
        1. Competition Characteristics
        2. Market Shares of Leading Competitors
          1. Surgical Robotics Market
          2. Conventional MISS Market
        3. Competitor Alignment in Competition Matrix
  14. North America Minimally Invasive Surgical Systems Market Outlook, 2016-2026
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type
      2. By Application
      3. By End User
      4. By Country
        1. The United States Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
        2. Canada Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
  15. Latin America Minimally Invasive Surgical Systems Market Outlook, 2016-2026
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type
      2. By Application
      3. By End User
      4. By Country
        1. Mexico Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
        2. Brazil Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
        3. Argentina Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
  16. Europe Minimally Invasive Surgical Systems Market Outlook, 2016-2026
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type
      2. By Application
      3. By End User
      4. By Country
        1. Germany Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
        2. France Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
        3. The United Kingdom Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
        4. Italy Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
        5. Spain Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
        6. Russia Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
  17. Middle East & Africa Minimally Invasive Surgical Systems Market Outlook, 2016-2026
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type
      2. By Application
      3. By End User
      4. By Country
        1. UAE Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
        2. Saudi Arabia Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
        3. Israel Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
  18. Asia Pacific Minimally Invasive Surgical Systems Market Outlook, 2016-2026
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type
      2. By Application
      3. By End User
      4. By Country
        1. China Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
        2. Japan Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
        3. South Korea Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
        4. India Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
  19. Oceania Minimally Invasive Surgical Systems Market Outlook, 2016-2026
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type
      2. By Application
      3. By End User
      4. By Country
        1. Australia Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
        2. New Zealand Minimally Invasive Surgical Systems Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
          2. Market Share & Analysis
            1. By Application
            2. By End User
  20. Competitive Benchmarking
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
      7. Mergers & Acquisitions
    2. Company Profiles (Business Description, Product Offering, Target Markets, Assets, Strategic Alliances or Partnerships, etc.)
      1. Auris Health, Inc. (Johnson & Johnson)
      2. Boston Scientific Corporation
      3. Cook Medical
      4. Corindus Vascular Robotics Inc
      5. Intuitive Surgical Inc
      6. Medrobotics Corporation
      7. Medtech SA (Zimmer Biomet Holdings, Inc.)
      8. Mazor Robotics Ltd
      9. Olympus Corporation
      10. Reinshaw Plc
      11. Restoration Robotics Inc
      12. Smith & Nephew Plc
      13. Stereotaxis Inc
      14. Mako Surgical Corp (Stryker Corporation)
      15. Think Surgical Inc.
      16. TransEnterix, Inc.
      17. Richard Wolf GmbH
      18. Pentax Medical (Hoya Corporation)
      19. Fujifilm Holdings Corporation
      20. Siemens Healthcare GmbH
  21. Disclaimer
Global Minimally Invasive Surgical Systems Market Segmentation