Minimally invasive surgery is performed without making a major incision or opening, resulting in less trauma for the patient and yielding significant cost savings. These result from shorter hospitalization times and reduced therapy requirements. Other benefits of minimally invasive surgery are less pain, less need for postsurgical pain medication, less scarring, and less likelihood of complications related to the incision.
Thus, minimally invasive surgery is defined either as based on the operative procedure (e.g., small incisions) or the outcome (reduced surgical complications or costs). However, minimally invasive is not the same as minor surgery. Some “minimally invasive” procedures, (e.g., coronary artery bypass surgery), still are major operations requiring a hospital stay.
This report focus on Minimally Invasive Medical Devices market.
The global market for Minimally Invasive Medical Devices was estimated to be worth US$ 17940 million in 2023 and is forecast to a readjusted size of US$ 24370 million by 2030 with a CAGR of 4.0% during the forecast period 2024-2030
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Global Leading Market Research Publisher QYResearch announces the release of its latest report “Minimally Invasive Medical Devices - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”. Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Minimally Invasive Medical Devices market, including market size, share, demand, industry development status, and forecasts for the next few years.
The report provides advanced statistics and information on global market conditions and studies the strategic patterns adopted by renowned players across the globe. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.
This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
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Global Minimally Invasive Medical Devices Market: Driven factors and Restrictions factors
The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current trends, providing a detailed analysis of the production volume for each type from 2019 to 2030, as well as the production volume by region during the same period.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Minimally Invasive Medical Devices market is segmented as below:
By Company
Boston Scientific
Clarus Medical
Karl Storz
Mako Surgical
Pentax Medical
Olympus Surgical
Convergent Laser
Hitachi Medical
Lumenis
Photomedex
Surgical Innovations
Smith & Nephew
Integrated Endoscopy
Vision Sciences
Ethicon Endo-Surgery
Cooper Surgical
Teleflex
Medtronic
Richard Wolf
Curexo Technology
Intuitive Surgical
Hansen Medical
Aesculap
Stryker Corporation
ConMed Corporation
Abbott Laboratories
Applied Biomedical Resources Corporation
Microline Surgical
Zimmer Biomet
Segment by Type
Handheld Instruments
Guiding Devices
Inflation Systems
Segment by Application
Cardiothoracic Surgery
Orthopedic Surgery
Gastrointestinal Surgery
Gynecology
Others
Each chapter of the report provides detailed information for readers to further understand the Minimally Invasive Medical Devices market:
Chapter 1: Minimally Invasive Medical Devices Market Product Definition, Product Types, Sales Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2019 to 2024.
Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Household Hazardous Waste Disposal, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Minimally Invasive Medical Devices industry.
Chapter 3: Minimally Invasive Medical Devices Market Historical (2019-2023) and forecast (2024-2030) sales and revenue analysis of Minimally Invasive Medical Devices in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4: Minimally Invasive Medical Devices Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2019 to 2024.
Chapter 5 to 9: Minimally Invasive Medical Devices Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Minimally Invasive Medical Devices introduction, etc. Minimally Invasive Medical Devices Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11: Industry Chain, including raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12: Market Channel, Distributors and Customers are listed.
Chapter 13: QYResearch’s Conclusions of Minimally Invasive Medical Devices market based on comprehensive survey.
Chapter 14: Methodology and Data Sources.
Table of Contents
1 Minimally Invasive Medical Devices Market Overview
1.1Minimally Invasive Medical Devices Product Overview
1.2 Minimally Invasive Medical Devices Market by Type
1.3 Global Minimally Invasive Medical Devices Market Size by Type
1.3.1 Global Minimally Invasive Medical Devices Market Size Overview by Type (2019-2030)
1.3.2 Global Minimally Invasive Medical Devices Historic Market Size Review by Type (2019-2024)
1.3.3 Global Minimally Invasive Medical Devices Forecasted Market Size by Type (2025-2030)
1.4 Key Regions Market Size by Type
1.4.1 North America Minimally Invasive Medical Devices Sales Breakdown by Type (2019-2024)
1.4.2 Europe Minimally Invasive Medical Devices Sales Breakdown by Type (2019-2024)
1.4.3 Asia-Pacific Minimally Invasive Medical Devices Sales Breakdown by Type (2019-2024)
1.4.4 Latin America Minimally Invasive Medical Devices Sales Breakdown by Type (2019-2024)
1.4.5 Middle East and Africa Minimally Invasive Medical Devices Sales Breakdown by Type (2019-2024)
2 Minimally Invasive Medical Devices Market Competition by Company
2.1 Global Top Players by Minimally Invasive Medical Devices Sales (2019-2024)
2.2 Global Top Players by Minimally Invasive Medical Devices Revenue (2019-2024)
2.3 Global Top Players by Minimally Invasive Medical Devices Price (2019-2024)
2.4 Global Top Manufacturers Minimally Invasive Medical Devices Manufacturing Base Distribution, Sales Area, Product Type
2.5 Minimally Invasive Medical Devices Market Competitive Situation and Trends
2.5.1 Minimally Invasive Medical Devices Market Concentration Rate (2019-2024)
2.5.2 Global 5 and 10 Largest Manufacturers by Minimally Invasive Medical Devices Sales and Revenue in 2023
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Minimally Invasive Medical Devices as of 2023)
2.7 Date of Key Manufacturers Enter into Minimally Invasive Medical Devices Market
2.8 Key Manufacturers Minimally Invasive Medical Devices Product Offered
2.9 Mergers & Acquisitions, Expansion
...
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