Global minimally invasive surgical devices market stood at USD20931.40 million in 2020 and is expected to grow at a CAGR of 5.56% during the forecast period on account of factors like increasing instances of chronic diseases and surgical interventions as their treatment. Rapidly growing demand for the advanced medical approach towards disease treatment and increased technological advancement in the medical devices are further driving the growth of the global minimally invasive surgical devices market in the upcoming five years.

Minimally invasive surgical devices are the medical devices that are utilized to carry out the surgeries without making major incisions or cuts on the body parts. The surgeries are performed either without incision or through minor cuts that limits the post-op wounds and decreases any severe blood loss instances. The process also minimizes the infections caused to the patient during or after surgery and supports faster healing of the patient.

Advantages of Minimally Invasive Surgical Devices

Utilization of minimally invasive surgical devices ensures added advantages during surgeries like high precision and accuracy, higher control, and enhanced vision to the surgeon during the surgical procedures. These added advantages positively influence the growth of the global minimally invasive surgical devices market in the upcoming five years. Also, these procedures are less traumatic and has faster healing thus influencing patient’s preference toward the surgery and further supporting the growth of the global minimally invasive surgical devices market in the next five years.

Also, increasing geriatric population of the world is also driving the growth of the global minimally invasive surgical devices market in the future five years. According to the United Nations Department of Economic and Social Affairs, Population Division, the number of people aged 65 years or above was 702.9 million in 2019. This number is expected to grow by 120% and reach 1548.9 million by 2050. Geriatric population is more susceptible to chronic diseases and contracting infections after the surgery is completed, thus creating higher demand for the minimally invasive surgical devices and driving the market growth.

Growing Prevalence of Chronic Diseases

The growing prevalence of chronic diseases such as cancer, cardiovascular diseases, gastrointestinal disorders, renal disorders, and urological problems has significantly increased the volume of surgical procedures being performed, thereby driving the growth of global minimally invasive surgical devices market. According to the Global Cancer Observatory, around 19,292,789 new cancer cases were reported in 2020.

The total number of new deaths across all gender and age groups accounted to be around 9,958,133. The most observed cancer types in 2020 were breast cancer, lung cancer, colorectum cancer, prostate cancer and stomach cancer. All these numbers are expected to increase significantly in the coming years, thereby driving the market growth.

Rise in Caseload of Neurological Disorders

The growing prevalence of various neurological disorders, including stroke, headache disorders, epilepsy, cerebral palsy, among others, coupled with an increase in injury related neurological disorders such as traumatic brain injuries and spinal cord injuries has significantly increased the volume of minimally invasive neurological surgeries being performed, thereby supporting the growth of minimally invasive surgical devices market.


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Market Segmentation

The global minimally invasive surgical devices market segmentation is based on type, surgery type, end user, regional distribution, and company. Based on type, the market is segmented into handheld instruments, surgical scopes, cutting instruments, guiding devices, electrosurgical devices and others. Based on surgery type, the market is further fragmented into cardiovascular, gastrointestinal, gynecology, urology, and others. End user segment of the market is also fragmented into hospitals clinics, ambulatory surgical centers, and others. Regionally, North America dominated the market in 2020 among Europe, Asia Pacific, South America and Middle East & Africa. In North America, the United States dominated the market with an overall share of 59.49% in 2020 on account of growing prevalence of chronic diseases in the country.

Company Profile

Medtronic Plc, Stryker Corporation, B. Braun Melsungen AG, Olympus Corporation, Boston Scientific Corporation, Zimmer Biomet Holdings, Inc, Johnson & Johnson, Karl Storz SE & Co. KG, Abbott Laboratories, Inc., Koninklijke Philips N.V., Applied Medical Resources Corporation, Conmed Corporation, The Cooper Companies Inc., Biolitec AG, FUJIFILM Holdings Corporation, Smith & Nephew plc, are some of the major players operating in the global minimally invasive surgical devices market.

Attribute

Details

Market size value in 2020

USD20931.40 Million

Revenue Forecast in 2026

USD28540.08 Million

United States Market size value in 2020

USD4530.07 Million

Growth Rate

5.56%

Base Year

2020

Historical Years

2016 – 2019

Estimated Year

2021

Forecast Period

2022 – 2026

Quantitative Units

Revenue in USD Million, and CAGR for 2016-2020 and 2021-2026

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

  • Material
  • Form
  • Procedure
  • End User

Regional Scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; Germany; Italy; United Kingdom; France; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE;

Key Companies Profiled

Medtronic Plc, Stryker Corporation, B. Braun Melsungen AG, Olympus Corporation, Boston Scientific Corporation, Zimmer Biomet Holdings, Inc, Johnson & Johnson, Karl Storz SE & Co. KG, Abbott Laboratories, Inc., Koninklijke Philips N.V., Applied Medical Resources Corporation, Conmed Corporation, The Cooper Companies Inc., Biolitec AG, FUJIFILM Holdings Corporation, Smith & Nephew plc

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, global minimally invasive surgical devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Minimally Invasive Surgical Devices Market, By Type:
    • Handheld Instruments
      • Graspers
      • Retractors/Elevators
      • Dilators
      • Suturing Instruments
      • Others
    • Surgical Scopes
      • Laparoscopes
      • Gastroscope
      • Cystoscope
      • Ureteroscope
      • Others
    • Cutting Instruments
      • Trocar’s
      • Other MIS instruments
    • Guiding Devices
      • Guiding Catheters
      • Guidewires
    • Electrosurgical Devices
      • Electrosurgery Instruments & Accessories
      • Electrosurgery Generators
      • Patient Return Electrodes
    • Others
  • Minimally Invasive Surgical Devices Market, By Surgery Type:
    • Cardiovascular
    • Gastrointestinal
    • Gynecology
    • Urology
    • Others
  • Minimally Invasive Surgical Devices Market, By End User:
    • Hospitals & Clinics
    • Ambulatory Surgical Centers
    • Others
  • Minimally Invasive Surgical Devices Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global minimally invasive surgical devices market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Minimally Invasive Surgical Devices Market 

4.    Executive Summary

5.    Voice of Customer

5.1.  Brand Awareness

5.2.  Factors Contributing to Switch to Minimally Invasive Surgical Procedures

5.3.  Demand for Minimally Invasive Surgical Devices, By Surgery Type

6.    Global Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

6.1.  Market Size & Forecast

6.1.1.     By Value

7.    Global Minimally Invasive Handheld Instruments Market Outlook, 2016-2026F

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

8.    Global Minimally Invasive Surgical Scopes Market Outlook, 2016-2026F

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

9.    Global Minimally Invasive Cutting Instruments Market Outlook, 2016-2026F

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

10.  Global Minimally Invasive Guiding Devices Market Outlook, 2016-2026F

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

11.  Global Minimally Invasive Electrosurgical Devices Market Outlook, 2016-2026F

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

12.  Global Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

12.1.              Market Share & Forecast

12.1.1.  By Type ((Handheld Instruments, Surgical Scopes, Cutting Instruments, Guiding Devices, Electrosurgical Devices, Others)

12.1.1.1.      By Handheld Instruments (Graspers, Retractors/Elevators, Dilators, Suturing Instruments, Others)

12.1.1.2.      By Surgical Scopes (Laparoscopes, Gastroscope, Cystoscope, Ureteroscope, Others)

12.1.1.3.      By Cutting Instruments (Trocar’s v/s Other MIS instruments)

12.1.1.4.      By Guiding Devices (Guiding Catheters, Guidewires)

12.1.1.5.      By Electrosurgical Devices (Electrosurgery Instruments & Accessories, Electrosurgery Generators, Patient Return Electrodes)

12.1.2.  By Surgery Type (Cardiovascular, Gastrointestinal, Gynecology, Urology, Others)

12.1.3.  By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others)

12.1.4.  By Region

12.1.5.  By Company (2020)

12.2.              Product Market Map

12.2.1.  By Type

12.2.2.  By Surgery Type

12.2.3.  By Region

13.  North America Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

13.1.              Market Size & Forecast

13.1.1.  By Value

14.  North America Minimally Invasive Handheld Instruments Market Outlook, 2016-2026F

14.1.              Market Size & Forecast

14.1.1.  By Value & Volume

15.  North America Minimally Invasive Surgical Scopes Market Outlook, 2016-2026F

15.1.              Market Size & Forecast

15.1.1.  By Value & Volume

16.  North America Minimally Invasive Cutting Instruments Market Outlook, 2016-2026F

16.1.              Market Size & Forecast

16.1.1.  By Value & Volume

17.  North America Minimally Invasive Guiding Devices Market Outlook, 2016-2026F

17.1.              Market Size & Forecast

17.1.1.  By Value & Volume

18.  North America Minimally Invasive Electrosurgical Devices Market Outlook, 2016-2026F

18.1.              Market Size & Forecast

18.1.1.  By Value & Volume

19.  North America Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

19.1.              Market Share & Forecast

19.1.1.  By Type ((Handheld Instruments, Surgical Scopes, Cutting Instruments, Guiding Devices, Electrosurgical Devices, Others)

19.1.1.1.      By Handheld Instruments (Graspers, Retractors/Elevators, Dilators, Suturing Instruments, Others)

19.1.1.2.      By Surgical Scopes (Laparoscopes, Gastroscope, Cystoscope, Ureteroscope, Others)

19.1.1.3.      By Cutting Instruments (Trocar’s v/s Other MIS instruments)

19.1.1.4.      By Guiding Devices (Guiding Catheters, Guidewires)

19.1.1.5.      By Electrosurgical Devices (Electrosurgery Instruments & Accessories, Electrosurgery Generators, Patient Return Electrodes)

19.1.2.  By Surgery Type (Cardiovascular, Gastrointestinal, Gynecology, Urology, Others)

19.1.3.  By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others)

19.1.4.  By Country

19.2.              North America: Country Analysis

19.2.1.  United States Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

19.2.1.1.      Market Size & Forecast

19.2.1.1.1.           By Value

19.2.1.2.      Market Share & Forecast

19.2.1.2.1.           By Type

19.2.1.2.2.           By Surgery Type

19.2.1.2.3.           By End User

19.2.2.  Mexico Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

19.2.2.1.      Market Size & Forecast

19.2.2.1.1.           By Value

19.2.2.2.      Market Share & Forecast

19.2.2.2.1.           By Type

19.2.2.2.2.           By Surgery Type

19.2.2.2.3.           By End User

19.2.3.  Canada Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

19.2.3.1.      Market Size & Forecast

19.2.3.1.1.           By Value

19.2.3.2.      Market Share & Forecast

19.2.3.2.1.           By Type

19.2.3.2.2.           By Surgery Type

19.2.3.2.3.                 By End User

20.  Europe Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

20.1.              Market Size & Forecast

20.1.1.  By Value

21.  Europe Minimally Invasive Handheld Instruments Market Outlook, 2016-2026F

21.1.              Market Size & Forecast

21.1.1.  By Value & Volume

22.  Europe Minimally Invasive Surgical Scopes Market Outlook, 2016-2026F

22.1.              Market Size & Forecast

22.1.1.  By Value & Volume

23.  Europe Minimally Invasive Cutting Instruments Market Outlook, 2016-2026F

23.1.              Market Size & Forecast

23.1.1.  By Value & Volume

24.  Europe Minimally Invasive Guiding Devices Market Outlook, 2016-2026F

24.1.              Market Size & Forecast

24.1.1.  By Value & Volume

25.  Europe Minimally Invasive Electrosurgical Devices Market Outlook, 2016-2026F

25.1.              Market Size & Forecast

25.1.1.  By Value & Volume

26.  Europe Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

26.1.              Market Share & Forecast

26.1.1.  By Type ((Handheld Instruments, Surgical Scopes, Cutting Instruments, Guiding Devices, Electrosurgical Devices, Others)

26.1.1.1.      By Handheld Instruments (Graspers, Retractors/Elevators, Dilators, Suturing Instruments, Others)

26.1.1.2.      By Surgical Scopes (Laparoscopes, Gastroscope, Cystoscope, Ureteroscope, Others)

26.1.1.3.      By Cutting Instruments (Trocar’s v/s Other MIS instruments)

26.1.1.4.      By Guiding Devices (Guiding Catheters, Guidewires)

26.1.1.5.      By Electrosurgical Devices (Electrosurgery Instruments & Accessories, Electrosurgery Generators, Patient Return Electrodes)

26.1.2.  By Surgery Type (Cardiovascular, Gastrointestinal, Gynecology, Urology, Others)

26.1.3.  By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others)

26.1.4.  By Country

26.2.              Europe: Country Analysis

26.2.1.  Germany Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

26.2.1.1.      Market Size & Forecast

26.2.1.1.1.           By Value

26.2.1.2.      Market Share & Forecast

26.2.1.2.1.           By Type

26.2.1.2.2.           By Surgery Type

26.2.1.2.3.           By End User

26.2.2.  France Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

26.2.2.1.      Market Size & Forecast

26.2.2.1.1.           By Value

26.2.2.2.      Market Share & Forecast

26.2.2.2.1.           By Type

26.2.2.2.2.           By Surgery Type

26.2.2.2.3.           By End User

26.2.3.  United Kingdom Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

26.2.3.1.      Market Size & Forecast

26.2.3.1.1.           By Value

26.2.3.2.      Market Share & Forecast

26.2.3.2.1.           By Type

26.2.3.2.2.           By Surgery Type

26.2.3.2.3.           By End User

26.2.4.  Italy Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

26.2.4.1.      Market Size & Forecast

26.2.4.1.1.           By Value

26.2.4.2.      Market Share & Forecast

26.2.4.2.1.           By Type

26.2.4.2.2.           By Surgery Type

26.2.4.2.3.           By End User

26.2.5.  Spain Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

26.2.5.1.      Market Size & Forecast

26.2.5.1.1.           By Value

26.2.5.2.      Market Share & Forecast

26.2.5.2.1.           By Type

26.2.5.2.2.           By Surgery Type

26.2.5.2.3.           By End User

27.  Asia Pacific Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

27.1.              Market Size & Forecast

27.1.1.  By Value

28.  Asia Pacific Minimally Invasive Handheld Instruments Market Outlook, 2016-2026F

28.1.              Market Size & Forecast

28.1.1.  By Value & Volume

29.  Asia Pacific Minimally Invasive Surgical Scopes Market Outlook, 2016-2026F

29.1.              Market Size & Forecast

29.1.1.  By Value & Volume

30.  Asia Pacific Minimally Invasive Cutting Instruments Market Outlook, 2016-2026F

30.1.              Market Size & Forecast

30.1.1.  By Value & Volume

31.  Asia Pacific Minimally Invasive Guiding Devices Market Outlook, 2016-2026F

31.1.              Market Size & Forecast

31.1.1.  By Value & Volume

32.  Asia Pacific Minimally Invasive Electrosurgical Devices Market Outlook, 2016-2026F

32.1.              Market Size & Forecast

32.1.1.  By Value & Volume

33.  Asia Pacific Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

33.1.              Market Share & Forecast

33.1.1.  By Type ((Handheld Instruments, Surgical Scopes, Cutting Instruments, Guiding Devices, Electrosurgical Devices, Others)

33.1.1.1.      By Handheld Instruments (Graspers, Retractors/Elevators, Dilators, Suturing Instruments, Others)

33.1.1.2.      By Surgical Scopes (Laparoscopes, Gastroscope, Cystoscope, Ureteroscope, Others)

33.1.1.3.      By Cutting Instruments (Trocar’s v/s Other MIS instruments)

33.1.1.4.      By Guiding Devices (Guiding Catheters, Guidewires)

33.1.1.5.      By Electrosurgical Devices (Electrosurgery Instruments & Accessories, Electrosurgery Generators, Patient Return Electrodes)

33.1.2.  By Surgery Type (Cardiovascular, Gastrointestinal, Gynecology, Urology, Others)

33.1.3.  By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others)

33.1.4.  By Country

33.2.              Asia Pacific: Country Analysis

33.2.1.  China Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

33.2.1.1.      Market Size & Forecast

33.2.1.1.1.           By Value

33.2.1.2.      Market Share & Forecast

33.2.1.2.1.           By Type

33.2.1.2.2.           By Surgery Type

33.2.1.2.3.           By End User

33.2.2.  Japan Minimally Invasive Surgical Devices Market Outlook, 2016-2026F

33.2.2.1.      Market Size & Forecast

33.2.2.1.1.           By Value

33.2.2.2.      Market Share & Forecast

33.2.2.2.1.