Major players in the minimally invasive surgical instruments market market are Abbott Laboratories, Inc., Aesculap Inc., AMNOTEC International Medical GmbH, Applied Medical Resources Corporation, B. Braun Melsungen AG, Becton, Dickinson and Company, Boston Scientific Corporation, CONMED Corporation, EndoMed Systems GmbH, FUJIFILM Holdings Corporation, HOYA Corporation, Intuitive Surgical, Inc., KARL STORZ SE & Co. KG, KLS Martin Group, Koninklijke Philips N.V., Microline Surgical, NuVasive, Inc., Olympus Corporation, Scanlan International, Inc., Smith & Nephew plc, Ethicon Inc., and GE Healthcare.
The global minimally invasive surgical instruments market grew from $32.79 billion in 2022 to $35.61 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The minimally invasive surgical instruments market is expected to grow to $48.94 billion in 2027 at a CAGR of 8.3%.
The minimally invasive surgical instruments consist of sales of retractors/elevators, suturing instruments, dilators, inflation devices (balloons), cutter instruments (trocars), guiding devices (guiding catheters, guidewires), auxiliary instruments, and others. Values in this market are ‘factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Minimally invasive surgical instruments are used for performing less traumatic surgeries for patients. Minimally invasive surgery is performed by using small incisions (cuts) and a few stitches. During the surgery, one or more small incisions are made in the body, in order to guide the surgery, a laparoscope (thin, tube-like equipment with a light and a lens for seeing) is introduced through one of the openings. Minimally invasive surgery results in less discomfort, scarring, and tissue damage, as well as a faster recovery time than traditional surgery.
North America was the largest region in the minimally invasive surgical instruments market in 2022. Asia-Pacific is the expected to be the fastest growing region in the minimally invasive surgical instruments market. The regions covered in the minimally invasive surgical instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The minimally invasive surgical instruments include handheld instruments; inflation systems; cutter instruments; guiding devices; electrosurgical devices; auxiliary instruments. These are used for 2 types of procedure outlook that include robotic; non- robotic, in various applications such as cardiothoracic surgery; gastrointestinal surgery; orthopedic surgery; gynecological surgery; cosmetic & bariatric surgery; vascular surgery; urological surgery. These are used by various end users such as hospitals; ambulatory surgical clinics; research institutes.
The rise in the number of surgical procedures is expected to propel the growth of the minimally invasive surgical instruments market. Medical practitioners prefer minimally invasive surgery over open surgery as they cause less harm and pain to the human body. Minimally invasive surgery is commonly used in adrenalectomy, brain surgery, heart surgery, kidney transplant, spine surgery, and plastic and cosmetic surgery. For instance, according to a report on statistics for aesthetic plastic surgery released in April 2022 by The Aesthetic Society, the total number of surgical procedures rose by 54% between 2021 and 2020. Additionally, from 564,303 procedures in 2020 to 921,664 in 2021, a 63% rise in the overall number of body surgery procedures was recorded. Therefore, the increase in the number of surgical procedures is driving the growth of the minimally invasive surgical instruments market.
The development of low-cost surgical robotic systems is a key trend gaining popularity in the minimally invasive surgical instruments market. Due to the growth prospects for minimally invasive surgery in a variety of medical domains, robot-assisted surgery has fast grown in popularity. As the market for robotic surgery approaches a decade of commercial use, new surgical modalities with new technologies, smaller dimensions, and lower costs are becoming accessible. In October 2020, CMR Surgical, a UK-based medical technology company has launched Versius Surgical Robotic System at Argenteuil Hospital, a public health center near Paris, France. Versus was built by CMR Surgical to be versatile and cost-effective, using financial models that provide budget certainty and encourage regular usage of the system. Versius seeks to ensure that surgeons and hospitals can give the greatest level of surgical care to their patients. It has been utilized at Argenteuil Hospital for a variety of treatments in a variety of specialties. Urological and gynecological surgery are two examples. These treatments are frequently complicated and can take several hours to complete. In these circumstances, using robotic MAS can reduce physical strain on the surgeon, cut patient recovery time from weeks to days, and lessen the risk of surgical site infections.
In April 2021, Erbe Elektromedizin, a Germany-based surgical tool, and device manufacturer signed an agreement to acquire Maxer Endoscopy for an undisclosed amount. Through this acquisition, Erbe is expected to develop its surgical endoscopy business and it will also enable Erbe to provide increased performance in endoscopic and open operations using 4K and fluorescence-guided devices. Mixer, a German-based company founded in 2004, specializes in minimally invasive surgery (MIS). Max focuses on the development of high-end visualization technologies that can produce dazzling, pin-sharp multi-spectral images for NIR fluorescence-guided surgery as well as ordinary white light images.
The countries covered in the minimally invasive surgical instruments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The minimally invasive surgical instruments market research report is one of a series of new reports from the publisher that provides minimally invasive surgical instruments market statistics, including minimally invasive surgical instruments industry global market size, regional shares, competitors with a minimally invasive surgical instruments market share, detailed minimally invasive surgical instruments market segments, market trends and opportunities, and any further data you may need to thrive in the minimally invasive surgical instruments industry. This minimally invasive surgical instruments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
This product will be delivered within 3-5 business days.
The global minimally invasive surgical instruments market grew from $32.79 billion in 2022 to $35.61 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The minimally invasive surgical instruments market is expected to grow to $48.94 billion in 2027 at a CAGR of 8.3%.
The minimally invasive surgical instruments consist of sales of retractors/elevators, suturing instruments, dilators, inflation devices (balloons), cutter instruments (trocars), guiding devices (guiding catheters, guidewires), auxiliary instruments, and others. Values in this market are ‘factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Minimally invasive surgical instruments are used for performing less traumatic surgeries for patients. Minimally invasive surgery is performed by using small incisions (cuts) and a few stitches. During the surgery, one or more small incisions are made in the body, in order to guide the surgery, a laparoscope (thin, tube-like equipment with a light and a lens for seeing) is introduced through one of the openings. Minimally invasive surgery results in less discomfort, scarring, and tissue damage, as well as a faster recovery time than traditional surgery.
North America was the largest region in the minimally invasive surgical instruments market in 2022. Asia-Pacific is the expected to be the fastest growing region in the minimally invasive surgical instruments market. The regions covered in the minimally invasive surgical instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The minimally invasive surgical instruments include handheld instruments; inflation systems; cutter instruments; guiding devices; electrosurgical devices; auxiliary instruments. These are used for 2 types of procedure outlook that include robotic; non- robotic, in various applications such as cardiothoracic surgery; gastrointestinal surgery; orthopedic surgery; gynecological surgery; cosmetic & bariatric surgery; vascular surgery; urological surgery. These are used by various end users such as hospitals; ambulatory surgical clinics; research institutes.
The rise in the number of surgical procedures is expected to propel the growth of the minimally invasive surgical instruments market. Medical practitioners prefer minimally invasive surgery over open surgery as they cause less harm and pain to the human body. Minimally invasive surgery is commonly used in adrenalectomy, brain surgery, heart surgery, kidney transplant, spine surgery, and plastic and cosmetic surgery. For instance, according to a report on statistics for aesthetic plastic surgery released in April 2022 by The Aesthetic Society, the total number of surgical procedures rose by 54% between 2021 and 2020. Additionally, from 564,303 procedures in 2020 to 921,664 in 2021, a 63% rise in the overall number of body surgery procedures was recorded. Therefore, the increase in the number of surgical procedures is driving the growth of the minimally invasive surgical instruments market.
The development of low-cost surgical robotic systems is a key trend gaining popularity in the minimally invasive surgical instruments market. Due to the growth prospects for minimally invasive surgery in a variety of medical domains, robot-assisted surgery has fast grown in popularity. As the market for robotic surgery approaches a decade of commercial use, new surgical modalities with new technologies, smaller dimensions, and lower costs are becoming accessible. In October 2020, CMR Surgical, a UK-based medical technology company has launched Versius Surgical Robotic System at Argenteuil Hospital, a public health center near Paris, France. Versus was built by CMR Surgical to be versatile and cost-effective, using financial models that provide budget certainty and encourage regular usage of the system. Versius seeks to ensure that surgeons and hospitals can give the greatest level of surgical care to their patients. It has been utilized at Argenteuil Hospital for a variety of treatments in a variety of specialties. Urological and gynecological surgery are two examples. These treatments are frequently complicated and can take several hours to complete. In these circumstances, using robotic MAS can reduce physical strain on the surgeon, cut patient recovery time from weeks to days, and lessen the risk of surgical site infections.
In April 2021, Erbe Elektromedizin, a Germany-based surgical tool, and device manufacturer signed an agreement to acquire Maxer Endoscopy for an undisclosed amount. Through this acquisition, Erbe is expected to develop its surgical endoscopy business and it will also enable Erbe to provide increased performance in endoscopic and open operations using 4K and fluorescence-guided devices. Mixer, a German-based company founded in 2004, specializes in minimally invasive surgery (MIS). Max focuses on the development of high-end visualization technologies that can produce dazzling, pin-sharp multi-spectral images for NIR fluorescence-guided surgery as well as ordinary white light images.
The countries covered in the minimally invasive surgical instruments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The minimally invasive surgical instruments market research report is one of a series of new reports from the publisher that provides minimally invasive surgical instruments market statistics, including minimally invasive surgical instruments industry global market size, regional shares, competitors with a minimally invasive surgical instruments market share, detailed minimally invasive surgical instruments market segments, market trends and opportunities, and any further data you may need to thrive in the minimally invasive surgical instruments industry. This minimally invasive surgical instruments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Minimally Invasive Surgical Instruments market Characteristics
3. Minimally Invasive Surgical Instruments market Trends And Strategies
4. Minimally Invasive Surgical Instruments Market - Macro Economic Scenario
4.1 COVID-19 Impact On Minimally Invasive Surgical Instruments Market
4.2 Ukraine-Russia War Impact On Minimally Invasive Surgical Instruments Market
4.3 Impact Of High Inflation On Minimally Invasive Surgical Instruments Market
5. Minimally Invasive Surgical Instruments market Size And Growth
5.1. Global Minimally Invasive Surgical Instruments Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Minimally Invasive Surgical Instruments Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Minimally Invasive Surgical Instruments market Segmentation
6.1. Global Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Handheld Instruments
- Inflation Systems
- Cutter Instruments
- Guiding Devices
- Electrosurgical Devices
- Auxiliary Instruments
- Robotic
- Non- Robotic
- Cardiothoracic Surgery
- Gastrointestinal Surgery
- Orthopedic Surgery
- Gynecological Surgery
- Cosmetic & Bariatric Surgery
- Vascular Surgery
- Urological Surgery
- Hospitals
- Ambulatory Surgical Clinics
- Research Institutes
7.1. Global Minimally Invasive Surgical Instruments market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Minimally Invasive Surgical Instruments market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Minimally Invasive Surgical Instruments market
8.1. Asia-Pacific Minimally Invasive Surgical Instruments market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.3. Asia-Pacific Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Minimally Invasive Surgical Instruments market
9.1. China Minimally Invasive Surgical Instruments market Overview
9.2. China Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Minimally Invasive Surgical Instruments market
10.1. India Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Minimally Invasive Surgical Instruments market
11.1. Japan Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Minimally Invasive Surgical Instruments market
12.1. Australia Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Minimally Invasive Surgical Instruments market
13.1. Indonesia Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Minimally Invasive Surgical Instruments market
14.1. South Korea Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Minimally Invasive Surgical Instruments market
15.1. Western Europe Minimally Invasive Surgical Instruments market Overview
15.2. Western Europe Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Minimally Invasive Surgical Instruments market
16.1. UK Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Minimally Invasive Surgical Instruments market
17.1. Germany Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Minimally Invasive Surgical Instruments market
18.1. France Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Minimally Invasive Surgical Instruments market
19.1. Eastern Europe Minimally Invasive Surgical Instruments market Overview
19.2. Eastern Europe Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Minimally Invasive Surgical Instruments market
20.1. Russia Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Minimally Invasive Surgical Instruments market
21.1. North America Minimally Invasive Surgical Instruments market Overview
21.2. North America Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Minimally Invasive Surgical Instruments market
22.1. USA Minimally Invasive Surgical Instruments market Overview
22.2. USA Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Minimally Invasive Surgical Instruments market
23.1. South America Minimally Invasive Surgical Instruments market Overview
23.2. South America Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Minimally Invasive Surgical Instruments market
24.1. Brazil Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Minimally Invasive Surgical Instruments market
25.1. Middle East Minimally Invasive Surgical Instruments market Overview
25.2. Middle East Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Minimally Invasive Surgical Instruments market
26.1. Africa Minimally Invasive Surgical Instruments market Overview
26.2. Africa Minimally Invasive Surgical Instruments market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Minimally Invasive Surgical Instruments market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Minimally Invasive Surgical Instruments market Competitive Landscape And Company Profiles
27.1. Minimally Invasive Surgical Instruments market Competitive Landscape
27.2. Minimally Invasive Surgical Instruments market Company Profiles
27.2.1. Abbott Laboratories, Inc
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Aesculap Inc
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. AMNOTEC International Medical GmbH
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Applied Medical Resources Corporation
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. B. Braun Melsungen AG
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Minimally Invasive Surgical Instruments market
29. Minimally Invasive Surgical Instruments market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer
Executive Summary
Minimally Invasive Surgical Instruments Global Market Report 2023 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on minimally invasive surgical instruments market market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for minimally invasive surgical instruments market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The minimally invasive surgical instruments market market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: Handheld Instruments; Inflation Systems; Cutter Instruments; Guiding Devices; Electrosurgical Devices; Auxiliary Instruments2) Type of Procedure Outlook: Robotic; Non-Robotic
3) By Application: Cardiothoracic Surgery; Gastrointestinal Surgery; Orthopedic Surgery; Gynecological Surgery; Cosmetic & Bariatric Surgery; Vascular Surgery; Urological Surgery
4) By End User: Hospitals; Ambulatory Surgical Clinics; Research Institutes
Companies Mentioned: Abbott Laboratories Inc; Aesculap Inc; AMNOTEC International Medical GmbH; Applied Medical Resources Corporation; B. Braun Melsungen AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abbott Laboratories Inc
- Aesculap Inc
- AMNOTEC International Medical GmbH
- Applied Medical Resources Corporation
- B. Braun Melsungen AG
- Becton, Dickinson and Company
- Boston Scientific Corporation
- CONMED Corporation
- EndoMed Systems GmbH
- FUJIFILM Holdings Corporation
- HOYA Corporation
- Intuitive Surgical Inc.
- KARL STORZ SE & Co. KG
- KLS Martin Group
- Koninklijke Philips N.V.
- Microline Surgical
- NuVasive Inc.
- Olympus Corporation
- Scanlan International Inc.
- Smith & Nephew plc
- Ethicon Inc
- GE Healthcare
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2023 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value ( USD | $ 35.61 billion |
| Forecasted Market Value ( USD | $ 48.94 billion |
| Compound Annual Growth Rate | 8.3% |
| Regions Covered | Global |
