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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Minimally Invasive Surgical Devices Market Size
The global minimally invasive surgical devices market was valued at USD 27.18 billion in 2023, driven by the increasing demand for minimally invasive procedures across the globe. The market size is anticipated to grow at a CAGR of 9.6% during the forecast period of 2024-2032 to achieve a value of USD 62.08 billion by 2032.
Minimally Invasive Surgical Devices Market Report Snapshots
Minimally Invasive Surgical Devices Market Size
Minimally Invasive Surgical Devices Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 27.18 billion in 2023, driven by the rising need for surgeries.
The market is anticipated to grow at a CAGR of 9.6% during the forecast period of 2024-2032 and reach a market value of USD 62.08 billion by 2032.
The increasing prevalence of chronic diseases and increasing demand for minimally invasive procedures are among the key drivers for the market.
The increasing focus on manufacturing more technologically advanced minimally invasive devices is a major key trend in the global minimally invasive surgical devices market.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The different product types of minimally invasive surgical devices in the market include handheld instruments, guiding devices, electrosurgical devices, surgical scopes, ablation devices, monitoring and visualization devices, and robotic-assisted surgical systems, among others.
The end users include hospitals surgical department, outpatient surgery patients, individual surgeons, group practice, among others.
The applications of minimally invasive surgical devices include gastrointestinal surgery, gynaecology surgery, urology surgery, orthopaedic and spine surgery, bariatric surgery, breast surgery, cardiac surgery, cholecystectomy surgery, colectomy surgery, colon and rectal surgery, ear, nose and throat surgery, among others.
Key players involved in the market are Stryker, CONMED Corporation, Intuitive Surgical, NuVasive, Inc., Fortimedix Surgical, Microline Surgical, Cirtec Medical, OmniGuide Holdings, Inc., Arthrex, Inc., Eximis Surgical, Inc., B. Braun Melsungen, AG, Medtronic, Johnson & Johnson Services, Inc., Abbott, and Zimmer Biomet.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124