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Global Minimally Invasive Surgical Instruments Market (2023-2028) by Product, Application, End User and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis

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  • 215 Pages
  • January 2023
  • Region: Global
  • Infogence Global Research
  • ID: 5515430
The Global Minimally Invasive Surgical Instruments Market is estimated to be USD 27.88 Bn in 2023 and is expected to reach USD 46.48 Bn by 2028, growing at a CAGR of 10.76%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing the risks.

Market Segmentations

The Global Minimally Invasive Surgical Instruments Market is segmented based on Product, Application, End User and Geography.
  • By Product, the market is classified into Energy Devices, Handheld Instruments, Inflation Systems, Access Devices, Suction/Irrigation Systems, Laparoscopes, Cutter Instruments, Guiding Devices, Closure Devices, and Accessories.
  • By Application, the market is classified into Cardiothoracic Surgery, Gastrointestinal Surgery, Orthopedic Surgery, Gynecological Surgery, Cosmetic/Bariatric Surgery, Vascular Surgery, Urological Surgery, and Others.
  • By End User, the market is classified into Hospitals, and Ambulatory Surgery Center & Clinics.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Abbott Laboratories, B. Braun, Smith & Nephew PLC, ConMed Corp., Stryker Corp. , Hoya Corp., Zimmer Biomet, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Minimally Invasive Surgical Instruments Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Minimally Invasive Surgical Instruments Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Minimally Invasive Surgical Instruments Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Minimally Invasive Surgical Instruments Market

What is the estimated value of the Global Minimally Invasive Surgical Instruments Market?

The Global Minimally Invasive Surgical Instruments Market was estimated to be valued at $27.88 Billion in 2023.

What is the growth rate of the Global Minimally Invasive Surgical Instruments Market?

The growth rate of the Global Minimally Invasive Surgical Instruments Market is 10.7%, with an estimated value of $46.48 Billion by 2028.

What is the forecasted size of the Global Minimally Invasive Surgical Instruments Market?

The Global Minimally Invasive Surgical Instruments Market is estimated to be worth $46.48 Billion by 2028.

Who are the key companies in the Global Minimally Invasive Surgical Instruments Market?

Key companies in the Global Minimally Invasive Surgical Instruments Market include Abbott Laboratories, Allergan PLC, Applied Medical, B. Braun, Baxter International Inc., Becton, Dickinson, and Company, Boston Scientific corp., ConMed Corp., DePuy Synthes and GE Healthcare Technologies Inc..

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders

2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Analyst Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study

3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook

4 Market Dynamics
4.1 Drivers
4.1.1 Growing Prevalence of Surgeries
4.1.2 Increasing Popularity and Accuracy of Minimally Invasive Surgeries
4.1.3 Growing Demand for Robot-Assisted Surgeries
4.2 Restraints
4.2.1 High Costs of the Instruments
4.3 Opportunities
4.3.1 Growing Innovations in Medical Device Technologies and Materials
4.3.2 High Demand for Miniature Instruments by Microengineering
4.4 Challenges
4.4.1 Changing Regulatory Landscape and Loosely defined Regulations and Reimbursment Policies

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis

6 Global Minimally Invasive Surgical Instruments Market, By Product
6.1 Introduction
6.2 Energy Devices
6.3 Handheld Instruments
6.3.1 Graspers
6.3.2 Retractors/Elevators
6.3.3 Dilators
6.4 Inflation Systems
6.4.1 Balloons
6.4.2 Balloon Inflation Devices
6.5 Access Devices
6.6 Suction/Irrigation Systems
6.7 Laparoscopes
6.7.1 Video Laparoscopes
6.7.2 Fiber Laparoscopes
6.8 Cutter Instruments
6.8.1 Trocars
6.8.2 Reposable Scissors
6.9 Guiding Devices
6.9.1 Guiding Catheters
6.9.2 Guidewires
6.10 Closure Devices
6.11 Accessories

7 Global 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 Urological Surgery
7.8 Others

8 Global Minimally Invasive Surgical Instruments Market, By End User
8.1 Introduction
8.2 Hospitals
8.3 Ambulatory Surgery Centers & Clinics

9 Americas' Minimally Invasive Surgical Instruments Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas

10 Europe's Minimally Invasive Surgical Instruments Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe

11 Middle East and Africa's Minimally Invasive Surgical Instruments Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA

12 APAC's Minimally Invasive Surgical Instruments Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific

13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements

14 Company Profiles
14.1 Abbott Laboratories
14.2 Allergan PLC
14.3 Applied Medical
14.4 B. Braun
14.5 Baxter International Inc.
14.6 Becton, Dickinson, and Company
14.7 Boston Scientific corp.
14.8 ConMed Corp.
14.9 DePuy Synthes
14.10 GE Healthcare Technologies Inc.
14.11 Hoya Corp.
14.12 Johnson and Johnson
14.13 Karl Storz
14.14 Medtronic
14.15 Microline Surgicals
14.16 Novartis Ag
14.17 NuVasive, Inc.
14.18 Olympus Corp.
14.19 Koninklijke Philips N.V.
14.20 Richard Wolf GmbH
14.21 Siemens Healthineers Ag
14.22 Smith and Nephew PLC
14.23 Stryker Corp.
14.24 Terumo Corp.
14.25 Zimmer Biomet

15 Appendix
15.1 Questionnaire

Companies Mentioned

  • Abbott Laboratories
  • Allergan PLC
  • Applied Medical
  • B. Braun
  • Baxter International Inc.
  • Becton, Dickinson, and Company
  • Boston Scientific corp.
  • ConMed Corp.
  • DePuy Synthes
  • GE Healthcare Technologies Inc.
  • Hoya Corp.
  • Johnson and Johnson
  • Karl Storz
  • Medtronic
  • Microline Surgicals
  • Novartis Ag
  • NuVasive, Inc.
  • Olympus Corp.
  • Koninklijke Philips N.V.
  • Richard Wolf GmbH
  • Siemens Healthineers Ag
  • Smith and Nephew PLC
  • Stryker Corp.
  • Terumo Corp.
  • Zimmer Biomet