+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Germany Minimally Invasive Surgery Devices Market - Growth, Trends, and Forecast (2020 - 2025)

  • ID: 5012305
  • Report
  • April 2020
  • Region: Germany
  • 70 pages
  • Mordor Intelligence
1 of 5

Enquire about COVID-19 updates for this product.

Enquire Now

FEATURED COMPANIES

  • Abbott Laboratories
  • GE Healthcare
  • Intuitive Surgical Inc.
  • Koninklijke Philips NV
  • Medtronic PLC
  • Olympus Corporation
  • MORE
Minimally-invasive surgeries (MIS) cause less post-operative pain, and hence, patients receive smaller dosages of pain killers. As there are minimal cuts or stitches involved, the hospital stay is relatively shorter, and patients need not visit the hospital frequently. Traditional open surgeries involve long incisions made through the muscles, and these muscles take a considerable amount of time to heal, whereas MIS procedures involve smaller incisions, leading to a quicker recovery. In addition, the body scars involved in MIS are barely noticeable. The main advantage of MIS over the traditional open surgeries is the higher precision due to video-assisted equipment, which produces a better and magnified image of the organs or body parts being operated. These surgeries are gaining wider acceptance among the geriatric population, due to the relatively shorter recovery time. Developed countries like Germany have much more awareness regarding these advanced devices and hence have a much higher adoption rate than most countries. Moreover, the benefits associated with minimally invasive surgeries are also increasing the adoption rate of MIS devices. These factors are expected to increase the overall growth of the market over the forecast period.

Key Market Trends

Orthopedic Surgery Segment is Expected to Exhibit Fastest Growth Rate Over the Forecast Period

Orthopedic surgery is concerned with conditions involving the musculoskeletal system. Orthopedic surgeries are used as both surgical and nonsurgical means to treat or correct musculoskeletal trauma, spine diseases, sports injuries, degenerative diseases, infections, tumors, and congenital disorders.

Elderly patients are more prone to spinal injuries. As a result, more elderly patients have concerns regarding back pain other structural joint issues. These surgeries are expected to increase in Germany as the geriatric population in Germany is high and is also expected to increase in the future. Moreover, a high adoption rate and demand for more minimally invasive procedures are also expected to drive the growth of the market in Germany.

Competitive Landscape

Germany is a developed country and also surrounded by other developed European nations. As a result, it enjoys the presence of most of the global players in the market. Moreover, awareness regarding advances in science and technology is more in developed regions like Germany as compared to other developing or underdeveloped regions of the world. As a result, the demand for these devices is more, which makes the market even more competitive.

Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

This report will be delivered within 2 business days.
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Abbott Laboratories
  • GE Healthcare
  • Intuitive Surgical Inc.
  • Koninklijke Philips NV
  • Medtronic PLC
  • Olympus Corporation
  • MORE
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Higher Acceptance Rate of Minimally-invasive Surgeries over Traditional Surgeries in Country
4.2.2 Increasing Prevalence of Lifestyle-related and Chronic Disorders
4.3 Market Restraints
4.3.1 Uncertain Regulatory Framework
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Products
5.1.1 Handheld Instruments
5.1.2 Guiding Devices
5.1.3 Electrosurgical Devices
5.1.4 Endoscopic Devices
5.1.5 Monitoring and Visualization Devices
5.1.6 Robotic Assisted Surgical Systems
5.1.7 Ablation Devices
5.1.8 Laser Based Devices
5.1.9 Other MIS Devices
5.2 By Application
5.2.1 Aesthetic
5.2.2 Cardiovascular
5.2.3 Gastrointestinal
5.2.4 Gynecological and Urological
5.2.5 Orthopedic
5.2.6 Other Applications

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Abbott Laboratories
6.1.2 GE Healthcare
6.1.3 Intuitive Surgical Inc.
6.1.4 Koninklijke Philips NV
6.1.5 Medtronic PLC
6.1.6 Olympus Corporation
6.1.7 Siemens Healthineers
6.1.8 Smith & Nephew
6.1.9 Stryker Corporation
6.1.10 Zimmer Biomet

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5
  • Abbott Laboratories
  • GE Healthcare
  • Intuitive Surgical Inc.
  • Koninklijke Philips NV
  • Medtronic PLC
  • Olympus Corporation
  • Siemens Healthineers
  • Smith & Nephew
  • Stryker Corporation
  • Zimmer Biomet
Note: Product cover images may vary from those shown
5 of 5

Loading
LOADING...

Adroll
adroll