Minimally Invasive Surgical Instruments Market - Global Forecast to 2021

  • ID: 3771539
  • Report
  • Region: Global
  • 266 Pages
  • Markets and Markets
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The Minimally Invasive Surgical Instruments Market is Projected to Reach USD 18.14 Billion by 2021 From USD 11.16 Billion in 2016, at a CAGR of 10.2%

FEATURED COMPANIES

  • Abbott Laboratories
  • Conmed Corporation
  • Medtronic Plc
  • Smith & Nephew Plc
  • Stryker Corporation
  • MORE

The minimally invasive surgical instruments market is projected to reach USD 18.14 billion by 2021 from USD 11.16 billion in 2016, at a CAGR of 10.2%. Benefits of minimally invasive surgeries over traditional open surgeries; reduction in healthcare costs and time; increasing number of surgeries among the aging population; increasing prevalence of lifestyle disorders; and technological advancements are key factors driving market growth for minimally invasive surgical instruments.

By product, the market includes handheld instruments, electrosurgical instruments, inflation systems, guiding devices, auxiliary instruments, and cutter instruments. Handheld instruments are further segmented into stents, forceps and spatulas, retractors, dilators, graspers, sutures, visualizing scopes and others (suction tubes, vessel sealing, and needle holders).

Electrosurgical devices are categorized into electrosurgical generators and accessories, electrosurgical instruments, and electrocautery devices. Inflation systems are categorized into balloons, balloon inflation devices, and others (insufflators and insufflator needles). Guiding devices are categorized as guiding catheters and guidewires.

Auxiliary instruments constitute clamps, staplers, cannulas, and closure devices. Cutter instruments include trocars, rasps and others, which includes scissors, dissectors, and blades. The handheld instruments segment accounted for the largest share of the minimally invasive surgical instruments, by product in 2015 owing to its convenience in use and wide implementation in almost all kinds of MIS surgeries performed globally.

The electrosurgical devices technology segment is expected to grow at the highest rate owing to its high acceptance among physicians for controlling blood loss during surgical procedures as well as the large number of companies focusing the development of these instruments.

The geographic segments included in this report are North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America is further segmented into the U.S. and Canada. North America accounted for the largest share in the global minimally invasive surgical instruments in 2015; the rising number of surgical procedures, growing government investments, increasing geriatric population, and rising prevalence of lifestyle diseases are key factors driving marker growth in this region.

In Asia-Pacific, the rising geriatric population, presence of a large patient pool undergoing surgical treatments, growing awareness about modern surgical instruments and techniques, and implementation of various initiatives to reduce the rising healthcare is leading to an increase in the demand for minimally invasive surgical instruments, which is compelling key players to expand their geographical presence in this region.

The report includes company profiles of market leaders such as:

  • Medtronic plc (Ireland)
  • Ethicon
  • Inc. (U.S.)
  • Aesculap
  • Inc. (Germany)
  • Stryker Corporation (U.S.)
  • and Smith & Nephew (U.K.).

These players have a strong presence in major as well as emerging markets.

Other players in this market are:

  • ConMed Corporation (U.S.)
  • Abbott Laboratories (U.S.)
  • Applied Biomedical Resources Corporation (U.S.)
  • Microline Surgical (Japan)
  • Zimmer Biomet (U.S.)

Reasons to Buy the Report:

The report will enable both established firms and new entrants to gauge the pulse of the market and help them make important strategic growth decisions.

The report provides insights on the following:

  • Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and new product launches in the minimally invasive surgical instruments
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, products, distribution networks, manufacturing capabilities, and SWOT analyses of the leading players in the minimally invasive surgical instruments
  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the market for various minimally invasive surgical instruments across geographies
  • Market Penetration: Comprehensive information on product portfolios offered by the top players in the minimally invasive surgical instruments. The report analyzes the minimally invasive surgical instruments by technology, product, and end user across all regions
  • Market Diversification: Exhaustive information of new products, growing regions, recent developments, and investments in the minimally invasive surgical instruments
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Abbott Laboratories
  • Conmed Corporation
  • Medtronic Plc
  • Smith & Nephew Plc
  • Stryker Corporation
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Markets Covered
1.3.1 Years Considered in the Report
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Market Size Estimation
2.2 Market Breakdown and Data Triangulation
2.2.1 Key Data from Secondary Sources
2.2.2 Key Data from Primary Sources
2.2.3 Assumptions for the Study

3 Executive Summary
3.1 Introduction
3.2 Current Scenario
3.3 Future Outlook
3.4 Conclusion

4 Premium Insights
4.1 Minimally Invasive Surgical Instruments: Market Overview
4.2 Life Cycle Analysis, by Region (2016–2021)

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Benefits of Minimally Invasive Surgeries Over Traditional Open Surgeries
5.2.1.2 Increasing Number of Surgeries Among the Aging Population
5.2.1.3 Minimally Invasive Surgeries Help Reduce Healthcare Costs and Time
5.2.1.4 Technological Advancements
5.2.1.5 Increasing Prevalence of Lifestyle Disorders
5.2.2 Restraints
5.2.2.1 Reimbursement Challenges in the Medical Device Industry
5.2.2.2 Uncertain Regulatory Framework in the Medical Device Industry
5.2.3 Opportunities
5.2.3.1 Various Growth Opportunities in Emerging Markets
5.2.3.2 Increasing Awareness of Technologically Advanced Mis Instruments and Procedures
5.2.4 Challenges
5.2.4.1 Dearth of Skilled Surgeons and Intraoperative Issues by Surgeons
5.2.4.2 Changing Decision-Making Power and Cost-Benefit Analysis Followed by Hospitals

6 Minimally Invasive Surgical Instruments Market, by Product
6.1 Introduction
6.2 Handheld Instruments
6.2.1 Stents
6.2.2 Graspers
6.2.3 Retractors/Elevators
6.2.4 Dilators
6.2.5 Forceps and Spatulas
6.2.6 Sutures
6.2.7 Others
6.3 Inflation Systems
6.3.1 Balloons
6.3.2 Balloon Inflation Devices
6.3.3 Other Inflation Systems
6.4 Cutter Instruments
6.4.1 Rasps
6.4.2 Trocars
6.4.3 Other Cutter Instruments
6.5 Guiding Devices
6.5.1 Guiding Catheters
6.5.2 Guidewires
6.6 Electrosurgical Devices
6.6.1 Electrosurgical Generators
6.6.2 Electrosurgical Instruments
6.6.3 Electrocautery Devices
6.7 Auxiliary Instruments
6.7.1 Cannulas
6.7.2 Staplers
6.7.3 Clamps
6.7.4 Closures

7 Minimally Invasive Surgical Instruments Market, by Application
7.1 Introduction
7.2 Cardiothoracic Surgery
7.3 Gastrointestinal Surgery
7.4 Orthopedic Surgery
7.5 Gynecological Surgery
7.6 Cosmetic/Bariatric Surgery
7.7 Vascular Surgery
7.8 Urological Surgery
7.9 Others

8 Minimally Invasive Surgical Instruments Market, by End User
8.1 Introduction
8.2 Private Hospitals and Surgical Clinics
8.3 Government Hospitals
8.4 Academic and Research Institutes

9 Minimally Invasive Surgical Instruments Market, by Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.3 Europe
9.4 Asia-Pacific
9.5 Rest of the World (RoW)

10 Competitive Landscape
10.1 Introduction
10.2 Strategic Overview
10.3 Leading Players in the Minimally Invasive Surgical Instruments Market
10.4 Competitive Situation and Trends
10.4.1 New Product Launches
10.4.2 Acquisitions
10.4.3 Agreements, Collaborations, and Partnerships
10.4.4 Expansions
10.4.5 Other Developments

11 Company Profiles
11.1 Introduction
11.2 Medtronic Plc
11.3 Ethicon, Inc. (Subsidiary of Johnson & Johnson)
11.4 Aesculap, Inc. (Subsidiary of B. Braun Melsungen AG)
11.5 Stryker Corporation
11.6 Smith & Nephew Plc
11.7 Abbott Laboratories
11.8 Applied Medical Resources Corporation
11.9 Conmed Corporation
11.10 Microline Surgicals, Inc. (Subsidiary of Hoya Corporation)
11.11 Zimmer Biomet Holdings, Inc.

List of Tables
Table 1 Minimally Invasive Surgical Instruments Market Summary
Table 2 Advantages of Minimally Invasive Surgeries Over Open Surgeries Likely to Drive the Mis Instruments Market
Table 3 Uncertain Regulatory Framework and Reimbursement Issues to Restrain the Growth of the Mis Instruments Market
Table 4 Emerging Countries Provide Significant Growth Opportunities for the Mis Instruments Market
Table 5 Interoperability Issues by Surgeons are Major Challenges in the Mis Instruments Market Market
Table 6 Minimally Invasive Surgical Instruments Market Size, by Product, 2016–2021 (USD Million)
Table 7 Minimally Invasive Surgical Handheld Instruments Market Size, By Type, 2016–2021 (USD Million)
Table 8 Minimally Invasive Surgical Handheld Instruments Market Size for Stents, by Region, 2016–2021 (USD Million)
Table 9 Minimally Invasive Surgical Handheld Instruments Market Size for Graspers, by Region, 2014–2021 (USD Million)
Table 10 Minimally Invasive Surgical Handheld Instruments Market Size for Retractors/Elevators, by Region, 2014–2021 (USD Million)
Table 11 Minimally Invasive Surgical Handheld Instruments Market Size for Dilators, by Region, 2014–2021 (USD Million)
Table 12 Minimally Invasive Surgical Handheld Instruments Market Size for Forceps and Spatulas, by Region, 2014–2021 (USD Million)
Table 13 Minimally Invasive Surgical Handheld Instruments Market Size for Sutures, by Region, 2014–2021 (USD Million)
Table 14 Minimally Invasive Surgical Handheld Instruments Market Size for Other Instruments, by Region, 2013–2020 (USD Million)
Table 15 Minimally Invasive Surgical Instruments Market Size for Inflation Systems, by Type, 2014–2021 (USD Million)
Table 16 Minimally Invasive Surgical Inflation Systems Market Size for Balloons, by Region, 2014–2021 (USD Million)
Table 17 Minimally Invasive Surgical Inflation Systems Market Size for Balloon Inflation Devices, by Region, 2014–2021 (USD Million)
Table 18 Minimally Invasive Surgical Inflation Systems Market Size for Other Systems, by Region, 2014–2021 (USD Million)
Table 19 Minimally Invasive Surgical Instruments Market Size for Cutter Instruments, by Type, 2014–2021 (USD Million)
Table 20 Minimally Invasive Surgical Cutter Instruments Market Size for Rasps, by Region, 2014–2021 (USD Million)
Table 21 Minimally Invasive Surgical Cutter Instruments Market Size for Trocars, by Region, 2014–2021 (USD Million)
Table 22 Minimally Invasive Surgical Cutter Instruments Market Size for Other Instruments, by Region, 2014–2021 (USD Million)
Table 23 Minimally Invasive Surgical Instruments Market Size for Guiding Devices, by Type, 2014–2021 (USD Million)
Table 24 Minimally Invasive Surgical Guiding Devices Instruments Market Size for Guiding Catheters, by Region, 2014–2021 (USD Million)
Table 25 Minimally Invasive Surgical Guiding Devices Market Size for Guidewires, by Region, 2014–2021 (USD Million)
Table 26 Minimally Invasive Electrosurgical Devices Market Size, by Type, 2014–2021 (USD Million)
Table 27 Minimally Invasive Surgical Instruments Market Size for Electrosurgical Generators, by Region, 2014–2021 (USD Million)
Table 28 Minimally Invasive Surgical Instruments Market Size for Electrosurgical Instruments, by Region, 2014–2021 (USD Million)
Table 29 Minimally Invasive Surgical Instruments Market Size for Electrocautery Devices, by Region, 2014–2021 (USD Million)
Table 30 Minimally Invasive Surgical Instruments Market Size, By Application, 2014–2021 (USD Million)
Table 31 Minimally Invasive Surgical Instruments Market Size for Cardiothoracic Surgery, by Region, 2014–2021 (USD Million)
Table 32 Minimally Invasive Surgical Instruments Market Size for Gastrointestinal Surgery, by Region, 2014–2021 (USD Million)
Table 33 Minimally Invasive Surgical Instruments Market Size for Orthopedic Surgery, by Region, 2014–2021 (USD Million)
Table 34 Minimally Invasive Surgical Instruments Market Size for Gynecology Surgery, by Region, 2014–2021 (USD Million)
Table 35 Minimally Invasive Surgical Instruments Market Size for Cosmetic/Bariatric Surgery, by Region, 2014–2021 (USD Million)
Table 36 Minimally Invasive Surgical Instruments Market Size for Vascular Surgery, by Region, 2014–2021 (USD Million)
Table 37 Minimally Invasive Surgical Instruments Market Size for Urological Surgery, by Region, 2014–2021 (USD Million)
Table 38 Minimally Invasive Surgical Instruments Market Size for Other Applications, by Region, 2014–2021 (USD Million)
Table 39 Minimally Invasive Surgical Instruments Market Size, by End User, 2016–2021 (USD Million)
Table 40 Minimally Invasive Surgical Instruments Market Size for Private Hospitals and Surgical Clinics, by Region, 2016–2021 (USD Million)
Table 41 Minimally Invasive Surgical Instruments Market Size for Government Hospitals, by Region, 2016–2021 (USD Million)
Table 42 Minimally Invasive Surgical Instruments Market Size for Academic and Research Institutes, by Region, 2016–2021 (USD Million)
Table 43 Minimally Invasive Surgical Instruments Market Size, by Region, 2014–2021 (USD Million)
Table 44 North America: Minimally Invasive Surgical Instruments Market Size, by Region, 2014–2021 (USD Million)
Table 45 North America: Minimally Invasive Surgical Instruments Market Size, by Product, 2014–2021 (USD Million)
Table 46 North America: Minimally Invasive Surgical Instruments Market Size, by Application, 2014–2021 (USD Million)
Table 47 North America: Minimally Invasive Surgical Instruments Market Size, by End User, 2014–2021 (USD Million)
Table 48 U.S.: Market Indicators
Table 49 U.S.: Minimally Invasive Surgical Instruments Market Size, by Product, 2014–2021 (USD Million)
Table 50 U.S.: Minimally Invasive Surgical Instruments Market Size, By Application, 2014–2021 (USD Million)
Table 51 U.S.: Minimally Invasive Surgical Instruments Market Size, By End User, 2014–2021 (USD Million)
Table 52 Canada: Market Indicators
Table 53 Canada: Minimally Invasive Surgical Instruments Market Size, By Product, 2014–2021 (USD Million)
Table 54 Canada: Minimally Invasive Surgical Instruments Market Size, By Application, 2014–2021 (USD Million)
Table 55 Canada: Minimally Invasive Surgical Instruments Market Size, By End User, 2014–2021 (USD Million)
Table 56 Europe: Market Indicators
Table 57 Europe: Minimally Invasive Surgical Instruments Market Size, By Product, 2014–2021 (USD Million)
Table 58 Europe: Minimally Invasive Surgical Instruments Market Size, By Application, 2014–2021 (USD Million)
Table 59 Europe: Minimally Invasive Surgical Instruments Market Size, By End User, 2014–2021 (USD Million)
Table 60 Asia-Pacific: Market Indicators
Table 61 Asia-Pacific: Minimally Invasive Surgical Instruments Market Size, By Product, 2014–2021 (USD Million)
Table 62 Asia-Pacific: Minimally Invasive Surgical Instruments Market Size, By Application, 2014–2021 (USD Million)
Table 63 Asia-Pacific: Minimally Invasive Surgical Instruments Market Size, By End User, 2014–2021 (USD Million)
Table 64 RoW: Market Indicators
Table 65 RoW: Minimally Invasive Surgical Instruments Market Size, By Product, 2014–2021 (USD Million)
Table 66 RoW: Minimally Invasive Surgical Instruments Market Size, By Application, 2014–2021 (USD Million)
Table 67 RoW: Minimally Invasive Surgical Instruments Market Size, By End User, 2014–2021 (USD Million)
Table 68 Market Developments, by Company, 2013–2016
Table 69 New Product Launches, 2013–2016
Table 70 Acquisitions, 2013–2016
Table 71 Agreements, Collaborations, and Partnerships, 2013–2016
Table 72 Expansions, 2013–2016
Table 73 Other Developments, 2013–2016

List of Figures
Figure 1 Minimally Invasive Surgical Instruments Market
Figure 2 Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Breakdown of Primary Interviews: by Company Type, Designation, and Region
Figure 6 Data Triangulation Methodology
Figure 7 Minimally Invasive Surgical Instruments Market Size, by Product, 2016 Vs. 2021 (USD Million)
Figure 8 Global Minimally Invasive Surgical Instruments Market Size, By Application, 2016 (USD Million)
Figure 9 Global Minimally Invasive Surgical Instruments Market, by End User, 2016 (USD Million)
Figure 10 Global Minimally Invasive Surgical Instruments Market Share, By Region, 2015 (USD Million)
Figure 11 Global Minimally Invasive Surgical Instruments Market, by Region, 2016 (USD Million)
Figure 12 Minimally Invasive Surgical Instruments Market to Witness a High Growth Rate During the Forecast Period
Figure 13 Private Hospitals and Surgical Clinics End-User Segment Accounted for the Largest Market Share in 2015
Figure 14 Asia-Pacific to Witness the Highest Growth Rate During the Forecast Period
Figure 15 the Asia-Pacific Market Showcases Lucrative Growth Opportunities
Figure 16 Minimally Invasive Surgical Instruments Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Share of Geriatric Population Across the Globe, by Region, 2015 Vs. 2030 Vs. 2050
Figure 18 Minimally Invasive Surgical Instruments Market Segmentation, By Product
Figure 19 Minimally Invasive Surgical Instruments Market, by Product, 2016 Vs. 2021 (USD Million)
Figure 20 North America to Account for the Largest Share for Stents in 2016
Figure 21 North America to Dominate the Graspers Market in 2016
Figure 22 North America to Form the Largest Regional Market for Retractors/Elevators by 2021
Figure 23 North America, the Largest Regional Market for Dilators in 2016
Figure 24 Asia: the Fastest-Growing Regional Market for Forceps and Spatulas
Figure 25 North America to Dominate the Sutures Market in 2016
Figure 26 North America to Dominate the Other Handheld Instruments Market In 2016
Figure 27 North America to Dominate the Balloons Market in 2016
Figure 28 North America to Dominate the Balloon Inflation Devices Market In 2016
Figure 29 North America to Dominate the Other Inflation Systems Market In 2016
Figure 30 North America to Dominate the Rasps Market in 2016
Figure 31 North America to Dominate the Trocars Market in 2016
Figure 32 North America to Dominate the Other Cutter Instruments Market In 2016
Figure 33 North America to Dominate the Guiding Catheters Market in 2016
Figure 34 North America to Dominate the Guidewires Market in 2016
Figure 35 North America to Dominate the Electrosurgical Generators Market In 2016
Figure 36 North America to Dominate the Electrosurgical Instruments Market in 2016
Figure 37 North America to Dominate the Electrocautery Devices Market in 2016
Figure 38 Minimally Invasive Surgical Instruments Market Segmentation, By Application
Figure 39 Minimally Invasive Surgical Instruments Market, by Application, 2016 (USD Million)
Figure 40 North America to Command the Largest Share of the Cardiothoracic Surgery Market by 2021
Figure 41 North America to Dominate the Gastrointestinal Surgery Segment
Figure 42 North America to Command the Largest Share of the Orthopedic Surgery Segment by 2021
Figure 43 North America to Command the Largest Share of Gynecological Surgery Segment by 2021
Figure 44 North America to Command the Largest Share of the Cosmetic/Bariatric Surgery Segment by 2021
Figure 45 North America to Command the Largest Share in the Vascular Surgery Segment by 2021
Figure 46 North America to Command the Largest Share of Urological Surgery Segment by 2021
Figure 47 North America to Command the Largest Share in the Other Applications Segment
Figure 48 Minimally Invasive Surgical Instruments Market Segmentation, By End User
Figure 49 Minimally Invasive Surgical Instruments Market Size, by End User, 2016 (USD Million)
Figure 50 North America to Dominate the Minimally Invasive Surgical Instruments Market for Private Hospitals and Surgical Clinics Between 2016 and 2021
Figure 51 North America to Dominate the Minimally Invasive Surgical Instruments Market for Government Hospitals in 2016
Figure 52 Academic and Research Institutes Segment to Witness Highest Growth in Asia Between 2016 and 2021
Figure 53 Asia-Pacific Mis Instruments Market to Register Highest Growth During the Forecast Period
Figure 54 Minimally Invasive Surgical Instruments Market: Geographic Snapshot (2016)
Figure 55 North America: Mis Instruments Market Snapshot
Figure 56 North American Mis Instruments Market: Geographic Snapshot (2016)
Figure 57 Handheld Devices to Hold Largest Share of the North American Mis Instruments Market in 2021
Figure 58 Cardiothoracic Surgery—The Dominant Application Segment in 2016
Figure 59 Private Hospitals and Surgical Clinics to Form the Largest End-User Segment of the North American Mis Instruments Market in 2016
Figure 60 Handheld Instruments Expected to Be the Largest Product Segment in the European Market by 2021
Figure 61 Cardiothoracic Surgery to Be the Largest Application Segment in Europe in 2016
Figure 62 Private Hospitals and Surgical Clinics are Expected to Be the Largest End Users of Minimally Invasive Surgical Instruments in Europe In 2016
Figure 63 Asia-Pacific: Market Snapshot
Figure 64 Handheld Instruments Segment to Dominate the Asia-Pacific Market In 2016
Figure 65 Cardiothoracic Surgery to Be the Largest Application Segment in the Asia-Pacific Market in 2016
Figure 66 Private Hospitals and Surgical Clinics to Form the Largest End-User Segment in the Asia-Pacific Market in 2016
Figure 67 Handheld Instruments Segment to Dominate the Minimally Invasive Surgical Instruments Market in the Rest of the World Region in 2016
Figure 68 Cardiothoracic Surgery to Be the Largest Application Segment in the Minimally Invasive Surgical Instruments Market in the Rest of the World Region in 2016
Figure 69 Private Hospitals and Surgical Clinics to Form the Largest End-User Segment in the Minimally Invasive Surgical Instruments Market in the Rest of the World Region in 2016
Figure 70 Key Developments in the Minimally Invasive Surgical Instruments Market, 2013–2016
Figure 71 Rank of Companies in the Global Minimally Invasive Surgical Instruments Market, 2016
Figure 72 Financial Performances of the Leading Market Players
Figure 73 Company Snapshot: Medtronic Plc
Figure 74 Company Snapshot: Johnson & Johnson
Figure 75 Company Snapshot: B. Braun Melsungen AG
Figure 76 Company Snapshot: Stryker Corporation
Figure 77 Company Snapshot: Smith & Nephew Plc
Figure 78 Company Snapshot: Abbott Laboratories
Figure 79 Company Snapshot: Conmed Corporation
Figure 80 Company Snapshot: Hoya Corporation (Microline Surgicals)
Figure 81 Company Snapshot: Zimmer Biomet Holding Inc.
Note: Product cover images may vary from those shown
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  • Abbott Laboratories
  • Aesculap, Inc. (Subsidiary of B. Braun Melsungen AG)
  • Applied Medical Resources Corporation
  • Conmed Corporation
  • Ethicon, Inc. (Subsidiary of Johnson & Johnson)
  • Medtronic Plc
  • Microline Surgicals, Inc. (Subsidiary of Hoya Corporation)
  • Smith & Nephew Plc
  • Stryker Corporation
  • Zimmer Biomet Holdings, Inc.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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