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04-Jul-2019

Minimally-Invasive Surgery Devices Market Growing At A CAGR Of 9.8% During 2018-2024

Global Minimally-Invasive Surgery Devices Market value of USD 20093.4 million in 2018 and is projected to grow at a CAGR of 9.8% over the forecast period.

The Global Minimally-Invasive Surgery Devices Market studies the overall dynamics and trends of the market in terms of various segments and regional outlook for the period of 2018 to 2024. The report offers of historic and future market scenario in terms of market value, share and critical developments taking place in the industry. Market size, forecast, trends of each country and region are studied in the report for the focus period of 2018 to 2024.

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Qualitative assessment tools such as PEST analysis, cost structure analysis and regulatory compliance for pharmaceutical products are offered in the report. The report also comprises Pipeline Analysis which helps understand the comprehensive forecast scenario of the market in terms of value and dynamics. The report analyses the recent drug approval trends and market dynamics such as drivers, restrains, and opportunities, industry trends and future outlook in the Global Minimally-Invasive Surgery Devices Market.

The report represents key players operating in the market along with its competitive landscape. The competitive landscape includes player positioning analysis, competitive matrix and market share analysis of the key players operating in the industry. The market attractive index highlights the most lucrative regional market to invest in the market.

The market is studied for regions such as North America (U.S., and Canada), Europe (U.K., Germany, France, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East amp; Africa (GCC, South Africa, and Rest of Middle East amp; Africa).

Key Takeaways:

What is the market size in 2018 and the growth rate of the Global Minimally-Invasive Surgery Devices Market?

What is the market drivers, restrains, opportunities governing the Global Minimally-Invasive Surgery Devices Market?

Which are the largest and the fastest growing segments in the Global Minimally-Invasive Surgery Devices Market?

Who are the key players operating in the market and their market position?

What is the pipeline scenario, drug pricing analysis and technological development in the market?

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Global Minimally-invasive surgery devices market Research Report Information by Type (Handheld Instruments, Inflation Devices, Cutter Instruments, Guiding Devices, Electrosurgical Devices and Auxiliary Devices), Application (Cardiac Surgery, Gastrointestinal Surgery, Orthopedic Surgery, Vascular Surgery, Gynecological Surgery, Urological Surgery, Thoracic Surgery, Cosmetic Surgery and Dental Surgery), End User (Hospitals amp; Clinics, Ambulatory Surgical Centers) - Forecast till 2024

Market Scenario

The Global Minimally-Invasive Surgery Device is a segment of the surgery devices market. Minimally-invasive surgery devices the fastest growing segment for the global minimally-invasive surgery device. The global minimally-invasive surgery devices market expected to grow significantly over the forecast period. It is anticipated that the market held a market value of USD 20093.4 million in 2018 and is projected to grow at a CAGR of 9.8% over the forecast period. Minimally-invasive surgery device is one of the major segment of surgery device and is expected to grow at the fastest growth rate. The major factors influencing the growth of the market include; rising economic growth, increasing geriatric population, increasing prevalence of chronic diseases. According to World Health Organization (WHO), the amount of the burden of chronic diseases is expected to escalate to 60% by 2020, and 79% of deaths due to these diseases would occur in developing countries.

Moreover, an increasing number of minimally invasive procedures has been one of the major factor influencing the growth of the market. Due to major benefits associated with minimal surgical procedures, such as, small or no incision, short hospital stay, less pain, quick recovery time, less scarring, and reduction in blood loss, the demand for minimally invasive surgery is increasing. The rising popularity of non-robotic minimally invasive surgery has boosted the global minimally invasive surgery devices market.

However, factors such as stringent government regulations and high-cost surgery device are hampering the growth of the market.

Segmentation

The global minimally-invasive surgery devices market has been segmented into type, application, and end user.

Based on type, market segmented into handheld instruments, inflation devices, cutter instruments, guiding devices, electrosurgical devices, auxiliary devices, and others.

Based on application, the minimally-invasive surgery devices market is segmented into cardiac surgery, gastrointestinal surgery, orthopedic surgery, vascular surgery, gynecological surgery, urological surgery, thoracic surgery, cosmetic surgery, dental surgery, and others.

Based on end user, minimally-invasive surgery devices market segmented into hospitals amp; clinics, ambulatory surgical centers, and others.

The global minimally-invasive surgery devices market, by region, has been segmented, into the Americas, Europe, Asia-Pacific, and the Middle East amp; Africa. The minimally-invasive surgery devices market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.

The European minimally-invasive surgery devices market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.

The minimally-invasive surgery devices market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The minimally-invasive surgery devices market in the Middle East amp; Africa has been segmented into the Middle East and Africa.

Key Players

Some of the prominent players in the Global Minimally-Invasive Surgery Devices Market are Abbott,

GE Healthcare, Medtronic, Inc, Ethicon, Inc., Intuitive Surgical, Inc, Siemens Healthcare GmbH

ArthroCare Corporation, DePuy Synthes, NuVasive, Inc., Biomet, Inc, Norwood Medical, KEBOMED Europe AG, Fortimedix Surgical, Freudenberg Medical, and others.

Regional Market

Geographically, the Americas is anticipated to dominate the global minimally-invasive surgery devices market owing to the presence of a huge patient population, high healthcare expenditure, well-developed technology, and the presence of the leading players. Moreover, according to the Population Reference Bureau, the number of Americans aged over 65 is projected to be more than double from 46 million in 2014 to over 98 million by 2060. Geriatric people are more prone to different diseases. The presence of huge geriatric population has fueled the growth of the market in America. In addition to this, increasing government support for the development of the advanced devices and well-developed healthcare sector has provided support for the growth of the minimally invasive surgical device market in America.

Europe is expected to hold the second largest position in the global minimally-invasive surgery devices market.

Asia Pacific is the fastest growing minimally-invasive surgery devices market owing to the increasing need for better monitoring devices, rapidly improving technology and the presence of a huge patient pool. Additionally, the presence of huge geriatric population and the presence of huge opportunities for the development of this market have paved the way to the market growth. Many manufacturers are trying to expand their presence in the region due to rapidly growing economies and the increasing availability of funds, and growing demand for the devices.

The Middle East and Africa market for minimally-invasive surgery device is expected to grow at a steady pace.

Global Minimally-Invasive Surgery Devices Market, by Type

Handheld Instruments
Inflation Devices
Cutter Instruments
Guiding Devices
Electrosurgical Devices
Auxiliary Devices
Others

Global Minimally-Invasive Surgery Devices Market, by Application

Cardiac Surgery
Gastrointestinal Surgery
Orthopedic Surgery
Vascular Surgery
Gynecological Surgery
Urological Surgery
Thoracic Surgery
Cosmetic Surgery
Dental Surgery
Others

Global Minimally-Invasive Surgery Devices Market, by End User

Hospitals amp; Clinics
Ambulatory Surgical Centers
Others

Global Minimally-Invasive Surgery Devices Market, by Region

Americas
North America
US
Canada
South America
Europe
Western Europe
Germany
France
Italy
Spain
UK
Rest of Western Europe
Eastern Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
The Middle East amp; Africa
Middle East
Africa

Global Minimally-Invasive Surgery Devices Market, by Key Players

Cardiac Surgery
Gastrointestinal Surgery
Orthopedic Surgery
Vascular Surgery
Gynecological Surgery
Urological Surgery
Thoracic Surgery
Cosmetic Surgery
Dental Surgery
Others

Intended Audience

Minimally-invasive surgery device manufacturers
Minimally-invasive surgery device distributors
Hospitals, clinics, and associations
Private insurance companies
Government agencies
Various research and consulting firms

Table Of Contents

Minimally-Invasive Surgery Devices Market Research Report - Global Forecast till 2024

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Typology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends amp; Assessment

Chapter 5. Market Factor Analysis

5.1 Porterrsquo;s Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

5.1.2 Bargaining Power Of Buyers

5.1.3 Threat Of New Entrants

5.1.4 Threat Of Substitutes

5.1.5 Intensity Of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

Chapter 6. Global Minimally-Invasive Surgery Device Market, By Type

6.1 Introduction

6.2 Handheld Instruments

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

6.3 Inflation Devices

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

6.4 Cutter Instruments

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

6.5 Guiding Devices

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

6.6 Electrosurgical Devices

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

6.7 Auxiliary Devices

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

6.8 Others

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

Chapter 7. Global Minimally-Invasive Surgery Device Market, By Application

7.1 Introduction

7.2 Cardiac Surgery

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

7.3 Gastrointestinal Surgery

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

7.4 Orthopedic Surgery

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

7.5 Vascular Surgery

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

7.6 Gynecological Surgery

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

7.7 Urological Surgery

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

7.8 Thoracic Surgery

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

7.9 Dental Surgery

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

7.10 Others

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

Chapter 8. Global Minimally-Invasive Surgery Device Market, By End User

8.1 Introduction

8.2 Hospitals amp; Clinics

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

8.2.1 Ambulatory Surgical Centers

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

8.2.2 Others

Market Estimates amp; Forecast, By Region, 2019ndash;2024

Market Estimates amp; Forecast, By Country, 2019ndash;2024

Chapter 9. Global Minimally-Invasive Surgery Device Market, By Region

9.1 Introduction

9.2 Americas

9.2.1 North America

9.2.1.1 US

9.2.1.2 Canada

9.2.2 Latin America

9.3 Europe

9.3.1 Western Europe

9.3.1.1 Germany

9.3.1.2 France

9.3.1.3 Italy

9.3.1.4 Spain

9.3.1.5 UK

9.3.1.6 Rest Of Western Europe

9.3.2 Eastern Europe

9.4 Asia-Pacific

9.4.1 Japan

9.4.2 China

9.4.3 India

9.4.4 Australia

9.4.5 South Korea

9.4.6 Rest Of Asia-Pacific

9.5 Middle East amp; Africa

9.5.1 Middle East

9.5.2 Africa

Chapter 10. Company Landscape

10.1 Introduction

10.2 Market Share Analysis

10.3 Key Development amp; Strategies

Chapter 11. Company Profiles

11.1 Abbott.

11.1.1 Company Overview

11.1.2 Product Overview

11.1.3 Financials Overview

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.2 GE Healthcare

11.2.1 Company Overview

11.2.2 Product Overview

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.3 Medtronic, Inc.

11.3.1 Company Overview

11.3.2 Product Overview

11.3.3 Financial Overview

11.3.4 Key Development

11.3.5 SWOT Analysis

11.4 Ethicon, Inc.

11.4.1 Company Overview

11.4.2 Product Overview

11.4.3 Financial Overview

11.4.4 Key Development

11.4.5 SWOT Analysis

11.5 Intuitive Surgical, Inc

11.5.1 Company Overview

11.5.2 Product Overview

11.5.3 Financial Overview

11.5.4 Key Development

11.5.5 SWOT Analysis

11.6 Siemens Healthcare GmbH

11.6.1 Company Overview

11.6.2 Product Overview

11.6.3 Financial Overview

11.6.4 Key Development

11.6.5 SWOT Analysis

11.7 ArthroCare Corporation

11.7.1 Company Overview

11.7.2 Product Overview

11.7.3 Financial Overview

11.7.4 Key Development

11.7.5 SWOT Analysis

11.8 DePuy Synthes

11.8.1 Company Overview

11.8.2 Product Overview

11.8.3 Financial Overview

11.8.4 Key Development

11.8.5 SWOT Analysis

11.9 NuVasive, Inc.

11.9.1 Company Overview

11.9.2 Product Overview

11.9.3 Financial Overview

11.9.4 Key Development

11.9.5 SWOT Analysis

11.10 Biomet, Inc

11.10.1 Company Overview

11.10.2 Product Overview

11.10.3 Financial Overview

11.10.4 Key Development

11.10.5 SWOT Analysis

11.11 Norwood Medical

11.11.1 Company Overview

11.11.2 Product Overview

11.11.3 Financial Overview

11.11.4 Key Development

11.11.5 SWOT Analysis

11.12 KEBOMED Europe AG

11.12.1 Company Overview

11.12.2 Product Overview

11.12.3 Financial Overview

11.12.4 Key Development

11.12.5 SWOT Analysis

11.13 Fortimedix Surgical

11.13.1 Company Overview

11.13.2 Product Overview

11.13.3 Financial Overview

11.13.4 Key Development

11.13.5 SWOT Analysis

11.14 Freudenberg Medical

11.14.1 Company Overview

11.14.2 Product Overview

11.14.3 Financial Overview

11.14.4 Key Development

11.14.5 SWOT Analysis

11.15 Others

Chapter 12. Appendix

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Last Updated: 04-Jul-2019