Press Release

India Minimally Invasive Surgical Instruments Market to Surpass $ 880 Million by 2026

Growing technological advancements in healthcare sector to drive India minimally invasive surgical instruments market

According to TechSci Research report, India Minimally Invasive Surgical Instruments Market By Type, By Application, By End-User, By Region, Competition, Forecast & Opportunities, FY2026, India minimally invasive surgical instruments market is forecast to reach $ 880 million by FY 2026. Key factor behind the growth of India minimally invasive surgical instruments market is lower cost than conventional open surgeries. Moreover, these kinds of surgeries involve minimal cuts or stitches, which enables patients to stay in hospital for a shorter period. Additionally, minimally invasive surgeries cause less damage to the tissues, which is anticipated to boost the growth of market in the years to come. However, surgeons need special training before they can perform minimally invasive surgeries. Along with this, reimbursement challenges and uncertain regulatory framework in medical devices market are some major factors that might act as major impediments to the growth of India minimally invasive surgical instruments market in the coming years.


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The India minimally invasive surgical instruments market is segmented based on type, application, end-users, and region. Based on end-user, the minimally invasive surgical devices market is segmented into hospitals and surgical centers. Out of these, the hospitals segment held the majority share in the market until FY2019 and the segment is further forecast to maintain its leading position over 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. Moreover, 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 type, the market is segmented into endoscopes, laparoscopy instruments, electrosurgery, and others. Among them, the endoscopes 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 thereby reducing the risk of potential mistakes.

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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, and Conmed Linvatec India Pvt Ltd are some of the leading players operating in India minimally invasive surgical instruments market. “India minimally invasive surgical instruments market is forecast to register growth until FY2026 as the key market players are trying to capture the untapped market segments by introducing innovative products such as surgical robots, etc. Moreover, rising medical tourism in the country is expected to positively influence the market growth in the coming years. Furthermore, rising geriatric population is further anticipated to positively boost 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 Type, By Application, By End-User, By Region, Competition, 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.

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