As per DelveInsight’s assessment, the Minimally Invasive Surgical Devices Market is expected to grow at an immense pace in the coming years owing to the The increasing prevalence of pandemic such as COVID-19, Pre- and post-operation and some few of the other applications where Minimally Invasive Surgical Devices have been used, which is expected to drive the demand for Minimally Invasive Surgical Devices in the upcoming years.
DelveInsight’s “Minimally Invasive Surgical Devices Market” report provides the current and forecast market outlook, forthcoming device innovation, challenges, market drivers and barriers. The report also covers the major emerging products and key Minimally Invasive Surgical Devices companies actively working in the market.
Minimally Invasive Surgical Devices
One or more tiny incisions may be created on the body during minimally invasive surgery. To direct the procedure, a laparoscope—a narrow, tube-like equipment with a light and a viewing lens—is placed into one orifice. To perform the surgery, tiny surgical instruments are placed into other incisions.
DelveInsight Minimally Invasive Surgical Devices MArket Analysis: The Global Minimally Invasive Surgical Devices market size was valued approximately USD 28 Billion in 2021 and is anticipated to reach USD 42 Billion by 2028 with a CAGR of 7.28% during the forecasted period (2023-2028)
Minimally Invasive Surgical Devices Market Insights
Geographically, North America holds the largest market share for MIS devices. The North American MIS devices market is anticipated to increase favorably due to the importance of key growth factors such the rising incidence of different malignancies, the rising prevalence of degenerative bone illnesses, and rising government initiatives regarding disease treatment awareness. High disposable income, an advanced healthcare system, the approval of innovative products, and high awareness all contributed to the market expansion in this area.
To know more about why North America is leading the market growth in the Minimally Invasive Surgical Devices market, get a snapshot of the report Minimally Invasive Surgical Devices Market Trends
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Recent Developments in the Minimally Invasive Surgical Devices Market Report
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Key Minimally Invasive Surgical Devices companies in the Market
Some of the key Minimally Invasive Surgical Devices companies operating in the market include- Abbott, Olympus, Intuitive Surgical Inc, Stryker, JOHNSON & JOHNSON MEDICAL DEVICES COMPANIES, Medtronic, Boston Scientific Corporation, CONMED Corporation, KARL STORZ GmbH, CooperSurgical, Inc., Cook, AngioDynamics, FUJIFILM Corporation, Symmetry Surgical Inc, B. Braun Melsungen AG, BD, Shenzhen Mindray Bio-Medical Electronics Co., Ltd, Zimmer Biomet, Richard Wolf GmbH, Microport Scientific Corporation others
COVID-19 Impact Analysis on the Minimally Invasive Surgical Devices Market
The installation of steps to stop the spread of the COVID-19 illness has a detrimental influence on the market for MIS devices. All other medical disciplines saw a decrease in patient load as a result of the COVID-19 pandemic’s demands on their services. For instance, urgent lung cancer referrals decreased by as much as 75% during the first lockdown, according to Cancer Research UK (2023) in the UK alone.
Additionally, The rising prevalence of traumatic brain injury (TBI) and malignancies in the US is one of the major factors boosting the growth of the North American MIS devices market. Centers for Disease Control and Prevention (CDC) statistics from 2022 indicate that there were 64,362 TBI-related deaths and 223,135 TBI-related hospitalisations reported in 2020.
In addition to the previously mentioned fact, it was predicted that 1.9 million new cancer cases would have been detected in the United States in 2021 according to the statistics provided by the American Cancer Society. So, during the projected period, the market for Minimally Invasive Surgical Devices is anticipated to continue expanding (2023-2028).
Scope of the Minimally Invasive Surgical Devices Market Report
Which MedTech key companies in the Minimally Invasive Surgical Devices market are set to emerge as the trendsetter explore @ Minimally Invasive Surgical Devices
Table of Contents
1
Minimally Invasive Surgical Devices Market Report Introduction
2
Minimally Invasive Surgical Devices Market Executive summary
3
Regulatory and Patent Analysis
4
Minimally Invasive Surgical Devices Market Key Factors Analysis
5
Porter’s Five Forces Analysis
6
COVID-19 Impact Analysis on Minimally Invasive Surgical Devices Market
7
Minimally Invasive Surgical Devices Market Layout
8
Global Company Share Analysis – Key 3-5 Companies
9
Company and Product Profiles
10
Project Approach
11.
About DelveInsight
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