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The Global Minimally Invasive Surgery Market: An Exclusive Study On Upcoming Trends And Growth Opportunities from 2022-2

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Global Minimally Invasive Surgery Market was valued at USD 53.08 billion in 2021 and is expected to reach USD 97.66 billion by the year 2028, at a CAGR of 9.1%.

Minimally invasive surgery (MIS) can be dated back to the 1800s and started to become more common as a diagnostic procedure in the 1930s and 1940s. This surgical method started to gain impetus in the mid-1980s attributed to advances in camera and video technology. This offered surgeons precise anatomic detail to perform increasingly sophisticated procedures. Surgery that is done by making small incisions or cuts and a few stitches on the body is called minimally invasive surgery. During minimally invasive surgery, one or many small incisions are made on the body according to the requirement. In this procedure, a laparoscope which is a thin, tube-like instrument having a light and a lens, for viewing is inserted through one opening to guide the surgery. Additionally, tiny surgical instruments are also inserted through other openings to help the surgeon during surgery. Furthermore, various kinds of surgeries such as orthopedic, cardiac, thoracic, gastrointestinal, and others are performed through minimally invasive surgery procedures.

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 The concept of a Minimally Invasive Surgery offers customers cooked food meals as well as half cooked food meal which reduces their hassles of grocery shoppithe as well as planning for everyday meals. With rapidly growing urbanization in many developed and developing countries, customers get an exciting experience of recreating eating food in restaurants or hotels. Minimally Invasive Surgery is growing rapidly owing to its easy availability and convenient nature across the world. Minimally Invasive Surgery also offers customers to customize their meals according to their diet and fitness plans, which thereby drives the market growth.

Key Prominent Players In The Minimally Invasive Surgery Market:

  • NuVasive Inc (US)
  • Siemens Healthineers (Germany)
  • Stryker Corporation (US)
  • Teleflex Inc. (US)
  • Intuitive Surgical (US)
  • Beverly Hills Orthopedic Institute (US)
  • Boston Center for Ambulatory Surgery Inc. (US)
  • Weill Cornell Medicine (US)
  • Smart Medical Devices Inc. (US)
  • Taiwan Surgical Corporation (Taiwan)
  • Tissium (France)
  • ZSX Medical LLC (US)
  • Ancillary Advantage Inc. (US) and other major players.

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Market segmentation

The Minimally Invasive Surgery market is segmented by Device and End-User. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by Device By Surgery Method, By Type Of Surgery, By End-User, and Region in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

By Device       

  • Surgical Devices
  • Monitoring Visualization Devices
  • Endoscopy Devices

By Surgery Method  

  • Robot-Assisted
  • Traditional

By Type Of Surgery   

  • Gastrointestinal
  • Cardiothoracic
  • Gynecological
  • Urological
  • Orthopedic
  • Others

End-User        

  • Hospitals
  • Ambulatory Surgery Centers

By Region      

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

 Impact Analysis Of Covid-19 On Minimally Invasive Surgery Market:

The outbreak of COVID-19 is spreading like wildfire worldwide owing to its highly contagious nature. Moreover, many hospitals worldwide stopped elective surgeries and endoscopic cases to curb the spread of the virus as there is a high chance of COVID-19 infection to the health care workers involved in elective surgery and endoscopic cases. In this COVID-19 pandemic situation, patients requiring urgent surgery can be assumed to be possible carriers of COVID-19, even if they are afebrile, and there is no current history of exposure or travel and no respiratory symptoms. Furthermore, with the rising number of COVID-19 cases, healthcare providers limited the surgical care of patients to those that required imminent treatments. In addition, the escalating number of COVID-19 patients forced selective surgery services to undergo structural remodeling into a centralized system to manage emergency services effectively during the pandemic time.

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Industry experts have identified key factors influencing the pace of development of the Minimally Invasive Surgery industry, including various opportunities and gaps. A thorough analysis of the Minimally Invasive Surgery market for the growth trends of each category makes the overall study interesting. When studying the market, researchers also dig deep into their future prospects and their contribution to the industry. Additionally, the research report evaluated the market key players and features, such as capacity utilization rate comprised of revenue.

Table Of Content

Chapter 1: Introduction

 1.1 Research Objectives

 1.2 Research Methodology

 1.3 Research Process

 1.4 Scope and Coverage

  1.4.1 Market Definition

  1.4.2 Key Questions Answered

 1.5 Market Segmentation

 

Chapter 2:Executive Summary

 

Chapter 3:Growth Opportunities By Segment

 3.1 By Device

 3.2 By Surgery Method

 3.3 By Type of Surgery

 3.4 By End-User

 

Chapter 4: Market Landscape

 4.1 Porter's Five Forces Analysis

  4.1.1 Bargaining Power of Supplier

  4.1.2 Threat of New Entrants

  4.1.3 Threat of Substitutes

  4.1.4 Competitive Rivalry

  4.1.5 Bargaining Power Among Buyers

 4.2 Industry Value Chain Analysis

 4.3 Market Dynamics

  4.3.1 Drivers

  4.3.2 Restraints

  4.3.3 Opportunities

  4.5.4 Challenges

 4.4 Pestle Analysis

 4.5 Technological Roadmap

 4.6 Regulatory Landscape

 4.7 SWOT Analysis

 4.8 Price Trend Analysis

 4.9 Patent Analysis

 4.10 Analysis of the Impact of Covid-19

  4.10.1 Impact on the Overall Market

  4.10.2 Impact on the Supply Chain

  4.10.3 Impact on the Key Manufacturers

  4.10.4 Impact on the Pricing

 

Chapter 5: Minimally Invasive Surgery Market by Device

 5.1 Minimally Invasive Surgery Market Overview Snapshot and Growth Engine

 5.2 Minimally Invasive Surgery Market Overview

 5.3 Surgical Devices

  5.3.1 Introduction and Market Overview

  5.3.2 Historic and Forecasted Market Size (2016-2028F)

  5.3.3 Key Market Trends, Growth Factors, and Opportunities

  5.3.4 Surgical Devices: Geographic Segmentation

 5.4 Monitoring Visualization Devices

  5.4.1 Introduction and Market Overview

  5.4.2 Historic and Forecasted Market Size (2016-2028F)

  5.4.3 Key Market Trends, Growth Factors, and Opportunities

  5.4.4 Monitoring Visualization Devices: Geographic Segmentation

To Be Continued………

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