Minimally Invasive Surgical Instruments Market In-Depth Analysis 2017-2022

Global Market Study
on Minimally
Invasive Surgical
Instruments: North America to Dominate the Market in Terms of
Revenue During the Forecast Period (2017 - 2022)
In the minimally invasive surgeries, small incisions are made on the body. A
laparoscope is inserted through one of the incisions or openings to serve as a
guide during the surgery. A laparoscope is a tube like instrument that has a lens
and a light for viewing. Also, tiny surgical instruments are inserted through
other openings in order to undertake the surgery. The advantages of minimally
invasive surgeries are that no large cuts are made in the body, there is a lower
risk of infection and the recovery period from the surgery is also shorter. One of
the main advantages of minimally invasive surgeries is the reduced amount of
money that is spend on such kind of surgery as compared with traditional
surgeries. Also, with the continuous technological innovations in the field of
minimally invasive surgeries, such type of surgeries are getting more popular
around the world. However, it needs to be noted that minimally invasive
surgery is not suitable for all types of patients due to factors such as high body
mass index, adhesions on the skin and other medical conditions. Moreover,
minimally invasive surgery can lead to complications like infection, bleeding,
anesthesia and injury to organs.
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The global minimally invasive surgical instruments market is slated to touch a
value of about US$ 18,900 Mn in the year 2022 and grow at a robust CAGR
during the assessment period.
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4 Forecast Highlights on Global Minimally Invasive Surgical Instruments
Market
As per the forecast of Persistence Market Research, the inflation systems
segment is slated to touch a value of more than US$ 3,200 Mn in the year 2022.
This represents a robust CAGR growth during the assessment period of 20172022. The inflation systems segment is estimated to account for nearly one-fifth
of the revenue share of the product type segment by the year 2017 and is
forecasted to gain market share by 2022 over 2017.
As per the forecast of Persistence Market Research, the clinics end user
segment will reach a value of about US$ 2,300 Mn in the year 2017. This
represents a robust CAGR growth during the forecast period. The clinics end
user segment is forecasted to account for nearly one-fifth of the total revenue
share of the end user segment by the end of the year 2017 and is expected to
lose in market share by 2022 as compared with the year 2017.
As per the forecast of Persistence Market Research, the cardiothoracic surgery
segment is slated to reach a value of more than US$ 2,500 Mn in 2022. The
cardiothoracic surgery segment is expected to gain market share by the end of
the year 2022. The largest share is contributed by the North America region in
the cardiothoracic surgery segment.
Persistence Market Research forecasts the United States minimally invasive
surgical instruments market to exhibit a compound annual growth rate (CAGR)
of more than 7% from 2017 to 2022.
The report has also included the profiles of some of the leading companies in
the minimally invasive surgical instruments market like CONMED
Corporation, Aesculap, Inc., Zimmer Biomet Holdings, Inc., Medtronic Plc.,
Smith & Nephew Plc., B. Braun Melsungen AG, Microline Surgical, Inc.,
Abbott Laboratories Inc., Boston Scientific Corporation and Stryker
Corporation.
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