Minimally Invasive Surgical Instruments Market Surges to USD 49.9 Billion by 2029: Medtronic PLC (US) and Johnson & Johnson (US) at the Forefront | MarketsandMarkets™

Browse in-depth TOC on "Minimally Invasive Surgical Instruments Market" Browse in-depth TOC on "Minimally Invasive Surgical Instruments Market" 450 - Tables 54 - Figures 428 - Pages TheJune 2024edition of the minimally invasive surgical instruments market report introduces significant enhancements and updates to provide a comprehensive view of the market: These enhancements in theJune 2024edition aim to deliver deeper insights and a more comprehensive...

Browse in-depth TOC on "Minimally Invasive Surgical Instruments Market"

450 - Tables
54 - Figures
428 - Pages

The June 2024 edition of the minimally invasive surgical instruments market report introduces significant enhancements and updates to provide a comprehensive view of the market:

These enhancements in the June 2024 edition aim to deliver deeper insights and a more comprehensive understanding of the minimally invasive surgical instruments market, aiding stakeholders in strategic decision-making and market evaluation.

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Product Segment Dominance in 2023: Handheld Instruments Lead Minimally Invasive Surgical Instruments Market

By product, the minimally invasive surgical instruments market includes handheld instruments, inflation devices, surgical scopes, cutting instruments, guiding devices, electrosurgical & electrocautery instruments, robotic instruments, and others. In 2023, handheld instruments held the majority share, driven by increasing surgical volumes, affordability, and technological advancements.

Technology Trends: Non-Robotic Surgery Leads, Robotic Surgery Gains Traction

The market is segmented into non-robotic surgery and robotic surgery. Non-robotic surgery dominated in 2023 due to lower risks and costs. However, robotic surgery is expected to grow faster, driven by increasing adoption of minimally invasive surgical (MIS) procedures.

Surgery Type Dynamics: Cardiothoracic Surgery Leads Market Share

Segmented by type of surgery into cardiothoracic, gastrointestinal, orthopedic, gynecological, cosmetic & bariatric, urological, and other surgeries, cardiothoracic surgery held the largest share in 2023. This segment's growth is fueled by rising cardiac ailments and increased use of MIS instruments.

End-User Insights: Hospitals and Specialty Clinics Drive Market

The market is segmented into hospitals & specialty clinics and ambulatory surgery centers. In 2023, hospitals & specialty clinics held the larger share due to high volumes of MIS procedures and skilled healthcare professionals.

Regional Market Overview: North America Leads Minimally Invasive Surgical Instruments Market

The market spans North America, Europe, Asia Pacific, Latin America, Middle East & Africa, and GCC Countries. North America led in 2023, driven by high chronic disease rates, healthcare spending, and advanced infrastructure in the US and Canada.

Recent developments in the industry include:

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