Minimally Invasive Surgical Systems Market Breakdown By Size, Share, Growth, Trends

Minimally Invasive Surgical Systems Market Overview: 2023-28

Base Year: 2022

Historical Years: 2018-21

Forecast Years: 2023-28

The Minimally Invasive Surgical Systems Market is projected to grow at a CAGR of around 7.5% during the forecast period, i.e., 2023-28. Due to faster recovery times, smaller incisions, less discomfort and scarring, better accuracy, and shorter hospital stays, minimally invasive surgical treatments are becoming more and more popular. In addition, medical displays enable greater visibility of diagnostic pictures by presenting even the smallest change in tissues and cells, resulting in precise and speedier procedures.

Markntel Advisor’s Minimally Invasive Surgical Systems Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Minimally Invasive Surgical Systems Market drivers, barriers, Minimally Invasive Surgical Systems Market Trends, and Key Players in Minimally Invasive Surgical Systems Market.

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Minimally Invasive Surgical Systems Market Dynamics: 2023-28

The demand for MIS procedures is anticipated to rise due to the rising prevalence of chronic diseases. Unfortunately, chronic conditions, usually caused by a changing lifestyle, poor eating habits, and failure to maintain a healthy weight, are rarely curable and manageable.

A few longer-lasting chronic infections increase cancer risk, necessitating minimally invasive surgery with the growing awareness of such deadly diseases. Patients who undergo this type of surgery experience fewer complications, less post-operative pain, shorter hospital stays, quicker recovery times, fewer scars, and less immune system stress.

For instance, a report released by American Action Forum in September 2020 revealed that the prevalence and cost of chronic disease in the United States are increasing and will continue to rise as the disease's prevalence among children and young adults grows. Further, chronic disease is a major healthcare problem in the United States, where its total annual expense is rising and now equals $3.7 trillion, or roughly 19.6 percent of the country's GDP. Therefore, the MIS systems market is expanding as chronic illnesses become more common.

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Minimally Invasive Surgical Systems Market (2023-28): Segmentation Outlook

The market report has segmented the market into the following categories:

• By Type
• Conventional MISS
• Endoscopes and Endoscopic Systems
• Rigid Endoscopes
• Laparoscopes
• Arthroscopes
• Urology Endoscopes
• Cystoscopes
• Resectoscopes
• Nephroscopes
• Other Urology Endoscopes
• Gynecology Endoscopes
• Neuroendoscopes
• ENT Endoscopes
• Other Rigid Endoscopes (GI)
• Flexible Endoscopes
• Gastrointestinal Endoscopes
• Gastroscopes
• Duodenoscopes
• Enteroscopes
• Sigmoidoscopes
• Colonoscopes
• Other GI Endoscopes
• Urology Endoscopes
• Gynecology Endoscopes
• Bronchoscopes
• Laryngoscopes
• Pharyngoscopes
• ENT Endoscopes
• Capsule Endoscopy
• Workstations and Data Recorders
• Capsules
• Others (Services and Patency System)
• Video and Visualization Systems
• Cameras
• Single-Chip Cameras
• 3-Chip Cameras
• Displays and Monitors
• Wireless
• Wired
• Video Convertors
• Video Recorders
• Standalone
• Inbuilt
• Video Processors
• Camera Heads
• CCD
• CMOS
• Light Sources
• LED
• XEON
• Laser
• Halogen
• Printers
• Instruments and Accessories
• Insufflators
• Endoscope Tip Protector, Tubing, Water Systems
• Procedure Kits
• Forceps
• Retrieval Kits
• Injection Needles
• Energy Devices
• Closure Devices
• Hand Instruments
• Access Devices
• Others
• Others
• Surgical Robotics
• Systems
• Instruments & Accessories
• Services
• By End Users
• Hospitals
• Ambulatory Surgical Centers
• Specialty Clinics

According to report, Hospitals, followed by specialty clinics, emerge as the most significant end-user segment in the minimally invasive surgical (MIS) System market, as these spaces facilitate complex diagnostic and therapeutic procedures.

• By Application
• Urology Surgery
• Gynecology Surgery
• General Surgery
• Cardiovascular Surgery
• Orthopedic Surgery
• Head and Neck Surgery (Neurosurgery)
• Others (Biopsy, Hair, etc.)

According to report, Among these, Orthopedic Surgery held the largest share in the Global Minimally Invasive Surgical Systems Market over the past few years.

·      By Region

o  North America

o  South America

o  Europe

o  Middle East & Africa

o  Asia-Pacific

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Top Companies Operating in the Minimally Invasive Surgical Systems Market:

• Auris Health, Inc. (Johnson & Johnson)
• Boston Scientific Corporation
• Cook Medical
• Corindus Vascular Robotics Inc
• Intuitive Surgical Inc
• Medrobotics Corporation
• Medtech SA (Zimmer Biomet Holdings, Inc.)
• Mazor Robotics Ltd
• Olympus Corporation
• Reinshaw Plc
• Restoration Robotics Inc
• Smith & Nephew Plc
• Stereotaxis Inc
• Mako Surgical Corp (Stryker Corporation)
• Think Surgical Inc.
• TransEnterix, Inc.
• Richard Wolf GmbH
• Pentax Medical (Hoya Corporation)
• Fujifilm Holdings Corporation
• Siemens Healthcare GmbH

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