India Minimally Invasive Surgical Instruments Market to Register an Impressive CAGR through 2025
Growing technological
advancements in the healthcare sector to drive India minimally invasive
surgical instruments market
According
to TechSci Research report, “India
Minimally Invasive Surgical Instruments Market By Instrument (Endoscopes,
Laparoscopy Access Instruments, Laparoscopy Handheld Instruments, Robotic
Assisted Surgical Systems, Electrosurgery, Visualization and Monitoring
System), By Type (Endoscopy, Laparoscopy, Robotics), By Application
(Gynecology, Orthopedic Surgery, Respiratory, Oncology, Gastrointestinal,
Urology, Cardiology, Others), By End-User (Hospitals, Surgical Centers,
Others), By Region, Forecast & Opportunities, FY2026”, the India minimally invasive
surgical instruments market is expected to witness impressive growth during the
forecast period. The key factor behind the growth of India minimally invasive
surgical instruments market is lower cost than in-patient and conventional open
surgeries. Moreover, these kinds of surgeries involve minimal cuts or stitches,
which enables patients to stay in hospital for a shorter period, thereby expected
to drive the market growth over the coming years. Additionally, minimally
invasive surgeries cause less damage to the tissues, which is anticipated to
boost the growth of market in the years to come. In addition to this, improved
patient quality of life coupled with reduction in healthcare costs and time are
some other factors that are estimated to aid the growth of India minimally
invasive surgical instruments market during the forecast period. However,
surgeons need special training before they can perform minimally invasive
surgeries. This type of surgery cannot be performed on patients who have had a
previous “open” surgery in the upper or lower part of their belly, or patients
with other medical problems. These factors might hamper the market growth in
the year to come. Along with this, reimbursement challenges and uncertain
regulatory framework in medical device market are some major factors that might
act as major impediments to the growth of India minimally invasive surgical
instruments through FY2026.
Browse XX market data
Tables and XX Figures spread through XXX Pages and an in-depth TOC on " India Minimally Invasive
Surgical Instruments Market "
https://www.techsciresearch.com/report/india-minimally-invasive-surgical-instruments-market/4940.html
The India minimally invasive surgical instruments market is segmented
based on instrument, type, application, end-users and region. Based on
end-user, the minimally invasive surgical devices market is segmented into
hospitals, surgical centers and others. Out of these, the hospitals segment
held the majority share in the market in terms of revenue until FY2019 and is
further forecast to maintain its leading position during the next five years as
well, which can be attributed to the fact that large number of minimally
invasive surgical procedures are performed in hospitals owing to the presence
of highly skilled healthcare professionals. Hospitals, whose reimbursement are
being increasingly impacted by quality measures and episode-of-care payments
prefer minimally invasive surgical devices because of their significant
benefits. Based on instrument type, the market is segmented into endoscopes,
laparoscopy access instruments, laparoscopy handheld instruments, robotic
assisted surgical systems, electrosurgery, visualization and monitoring system.
Among them, the handheld instruments segment dominated the market in FY2019 and
is anticipated to hold its leading position over the coming years as well due
to technological innovations and rapid adoption in minimally invasive
surgeries. Additionally, these kinds of devices provide easier access during
surgeries with instrument triangulation, thereby reducing the risk of potential
mistakes.
India Medtronic Pvt. Ltd., Johnson
& Johnson Private Limited, Stryker India Pvt. Ltd, B.Braun Medical India
Pvt.Ltd., Abbott India Limited, Smith & Nephew Healthcare Pvt Ltd, Zimmer
Biomet India, Boston Scientific India Pvt Ltd, Becton Dickinson Private Limited,
Conmed Linvatec India Pvt Ltd are some of the leading players operating in India
minimally invasive surgical instruments market.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4940
Customers can also request for 10% free
customization on this report.
“India minimally invasive surgical instruments
market is forecast to register high growth until FY2026 as the key market
players are trying to capture the untapped markets by introducing innovative
products such as surgical robots, etc. Moreover, rising medical tourism
in the country is expected to bolster the market growth in the coming years.
Furthermore, rising geriatric population and road crashes are further
anticipated to positively influence the market growth through FY2026.”, said Mr. Karan Chechi, Research Director
with TechSci Research, a research-based India management consulting firm.
“India Minimally Invasive Surgical Instruments Market
By Instrument (Endoscopes, Laparoscopy Access Instruments, Laparoscopy Handheld
Instruments, Robotic Assisted Surgical Systems, Electrosurgery, Visualization
and Monitoring System), By Type (Endoscopy, Laparoscopy, Robotics), By
Application (Gynecology, Orthopedic Surgery, Respiratory, Oncology,
Gastrointestinal, Urology, Cardiology, Others), By End-User (Hospitals,
Surgical Centers, Others), By Region, Forecast & Opportunities, FY2026” has evaluated the future growth potential of India
minimally invasive surgical instruments market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges and
opportunities in India minimally invasive surgical instruments market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]