DUBLIN--(BUSINESS WIRE)--The "Minimally Invasive Surgical Instruments Market by Product, by Application, by End User, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2016-2023" report has been added to ResearchAndMarkets.com's offering.
Global minimally invasive surgical instruments market is forecasted to attain revenue of $53.1 billion by 2023.
The growth led by growing geriatric population, surge in prevalence of chronic diseases, increasing government healthcare expenditure, and growing demand for minimally invasive surgeries globally.
On the basis of product, the minimally invasive surgical instruments market has been categorized into handheld instruments, electrosurgical instruments, guiding devices, and inflation systems. Handheld instruments held a 36.4% share in 2016 in the global market, since these instruments lead to decreased strain on fingers during operative procedures, further increasing their adoption amongst surgeons globally.
The minimally invasive surgical instruments market is classified into neurosurgery, cosmetic surgery, urology, obstetrics and gynecology, ophthalmology, cardiovascular, orthopedic surgery, laparoscopy, and others, on the basis of application. Laparoscopy held the largest share in the market during the entire analysis period and the category is expected to occupy a 25.1% share by 2023, due to the rising prevalence of obesity and increasing use of laparoscopy for weight reduction (bariatric) surgeries.
On the basis of end user, the minimally invasive surgical instruments market is bifurcated into hospitals, ambulatory surgical clinics (ASCs), and research institutes. Hospitals held the largest share of more than 59.3% in 2016.
- Asia-Pacific (APAC) is the fastest growing market for minimally invasive surgical instruments
- Mergers and acquisitions are taking place at a high rate among players for a larger share
Key Topics Covered
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
Chapter 5. Global Market Size & Forecast
Chapter 6. North America Market & Forecast
Chapter 7. Europe Market Size & Forecast
Chapter 8. APAC Market Size & Forecast
Chapter 9. LAMEA Market Size & Forecast
Chapter 10. Competitive Landscape
Chapter 11. Company Profiles
- Abbott Laboratories
- Applied Medical Resources Corporation
- B. Braun Melsungen AG
- Conmed Corporation
- Hoya Corporation
- Johnson & Johnson
- Medtronic Plc
- Smith & Nephew Plc
- Stryker Corporation
- Zimmer Biomet Holdings Inc.
For more information about this report visit https://www.researchandmarkets.com/research/3stxrq/global_minimally?w=4