(PharmaNewsWire.Com, January 06, 2017 ) According to the report Minimally Invasive Surgical Instruments Market, published by Market Data Forecast, the global market is projected to reach USD 18.16 billion by 2021, at a CAGR of 10.19% from 2016 to 2021.
Minimally invasive surgical procedures involve the use of surgery instruments (such as arthroscopic or laparoscopic devices) and remote controlled instruments to monitor the surgery through large display panel or endoscopy. Minimally invasive procedures eliminate large incisions & infections, reduce the long time hospital admission, and promote the early recovery. Currently, the utilization of minimally invasive surgical instruments has been increased. Some of the minimally invasive surgical instruments include, visualizing scope, stents, sutures, dilators, electrosurgical instruments, balloon inflation devices, guiding catheters, trocars, rasps, and cannulas, among others.
Global In-Vitro Toxicology Testing market is expected to witness growth owing to rising number of surgeries, increasing number of lifestyle disorders, and technological advancements. Moreover, the key benefits offered by minimally invasive surgeries such as reduction in healthcare cost (reduced long time hospital admission & unnecessary travel costs) and early recovery from surgery as compared to traditional open surgeries are further driving the growth of global minimally invasive surgical instruments market.
Minimally Invasive Surgical Instruments market is segmented as follows:
On the basis of Product Handheld Instruments Stents Visualizing Scopes Graspers Retractors/Elevators Sutures Dilators Forceps and Spatulas Other Handheld Instruments Electrosurgical Devices Electrosurgical Generators Electrosurgical Instruments Electrocautery Devices Inflation Systems Balloons Balloon Inflation Devices Other Inflation Systems Guiding Devices Guiding Catheters Guidewires Cutter Instruments Trocars Rasps Other Cutter Instruments Auxiliary Instruments Cannulas Staplers Clamps Closures On the basis of Application Orthopedic Surgery Gastrointestinal Surgery Cardiothoracic Surgery Urological Surgery Cosmetic/Bariatric Surgery Gynecological Surgery Vascular Surgery Other Applications On the basis of End Users Private Hospitals and Surgical Clinics Government Hospitals Academic and Research Institutes On the basis of Geography North America Minimally Invasive Surgical Instruments Market Europe Minimally Invasive Surgical Instruments Market Asia-Pacific Minimally Invasive Surgical Instruments Market Latin America Minimally Invasive Surgical Instruments Market Middle East & Africa Minimally Invasive Surgical Instruments Market
The major companies operating in the global Minimally Invasive Surgical Instruments market include Medtronic plc (Ireland), Ethicon, Inc. (U.S.), Aesculap, Inc. (Germany), Stryker Corporation (U.S.), Smith & Nephew (U.K.), ConMed Corporation (U.S.), Abbott Laboratories (U.S.), Applied Biomedical Resources Corporation (U.S.), Microline Surgical (Japan), and Zimmer Biomet (U.S.).
Minimally Invasive Surgical Instruments Market study offers the following deliverables:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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