- Auxiliary Devices
- Cutter Instruments
- Electrosurgical Devices
- Guiding Devices
- Handheld Instruments
- Inflation Devices
- Monitoring & Visualization Devices
- Surgical Staplers
- Sutures
- Others
Minimally Invasive Surgery Devices Market size is estimated to be valued at USD 13,951.2 million in 2022 and is poised to grow at a CAGR of 6.5% from 2023-2029. Increasing patient population, improvements in healthcare infrastructure, and rising healthcare expenditure boost the market. The prevalence of cardiovascular disorders and other non-communicable diseases also surge the minimally invasive surgery devices market over the forecast years. According to the World Health Organization, around 13.2 million people died in Brazil, with 74 percent of those deaths caused by noncommunicable diseases. The rise in R&D activities and fundraising by public and private sectors for the development of technologically advanced minimally invasive surgery devices may enhance the market's revenue. Increased patient demand also boosts the market. Strategic partnership and collaborations among the market players create an opportunity for the minimally invasive surgery devices market. Moreover, innovative, disruptive technology and continued acceptance and future growth of open-to -MIS (Minimally invasive surgery) create an excellent opportunity for the market. Based on End User, the hospitals segment accounted for the highest revenue share of 60% in 2021 and is estimated to dominate the market throughout the forecast period to reach USD 11,295.3 mn by 2028. An increasing number of hospitals with high skilled professionals and a growing number of surgeries due to increasing diseases are significant factors driving the growth of this segment.
Minimally Invasive Surgery Devices Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
6.5%
Largest Market
North America
Fastest Growing Market
Asia-Pacific
Minimally Invasive Surgery Devices Market Dynamics
The growing number of surgeries attributed to increasing chronic diseases such as gastrointestinal diseases, kidney diseases & heart diseases, and the increasing geriatric population are the major growth drivers of the market. Moreover, government funding for minimally invasive surgery devices also drives the market. Minimally invasive surgery equipment is more expensive, and special training is needed to handle these devices, which hampers the market growth.
North-America Got Significant Share
Minimally Invasive Surgery Devices Market Regional Analysis
In 2020, North America had the most significant share of the market. Increasing healthcare spending, rising surgeries, and increasing investments in R&D are all driving demand for the minimally invasive surgery devices market in North America. Increasing demand for Minimally invasive procedures also boosts the market in this region. On the other hand, Asia-Pacific is anticipated to grow at the fastest rate over the forecast period due to the developing economy and the emergence of minimally invasive surgical procedures.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The minimally invasive surgery devices market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Minimally Invasive Surgery Devices Market Segmentation
By Product Type
By Application
- Gynecological Surgery
- Gastrointestinal Surgery
- Orthopedic Surgery
- Cardiothoracic Surgery
- Cosmetic Surgery
- Bariatric Surgery
- Urological Surgery
- Others
By End User
- Hospitals
- Clinics
- Ambulatory Surgical Centers
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
The minimally invasive surgery devices market size was valued at USD 13,951.2 million in 2022
Increasing Prevalence of Lifestyle-related and Chronic Disorders
Asia Pacific is the fastest-growing for minimally invasive surgery devices market
| 1. Executive Summary |
| 2. Global Minimally Invasive Surgery Devices Market Introduction |
| 2.1.Global Minimally Invasive Surgery Devices Market - Taxonomy |
| 2.2.Global Minimally Invasive Surgery Devices Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Application |
| 2.2.3.End User |
| 2.2.4.Region |
| 3. Global Minimally Invasive Surgery Devices Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Minimally Invasive Surgery Devices Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Minimally Invasive Surgery Devices Market By Product Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Auxiliary Devices |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Cutter Instruments |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Electrosurgical Devices |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Guiding Devices |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Handheld Instruments |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Inflation Devices |
| 5.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Monitoring & Visualization Devices |
| 5.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 5.8. Surgical Staplers |
| 5.8.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.8.3. Market Opportunity Analysis |
| 5.9. Sutures |
| 5.9.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.9.3. Market Opportunity Analysis |
| 5.10. Others |
| 5.10.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.10.3. Market Opportunity Analysis |
| 6. Global Minimally Invasive Surgery Devices Market By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Gynecological Surgery |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Gastrointestinal Surgery |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Orthopedic Surgery |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Cardiothoracic Surgery |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Cosmetic Surgery |
| 6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Bariatric Surgery |
| 6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Urological Surgery |
| 6.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 6.8. Others |
| 6.8.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.8.3. Market Opportunity Analysis |
| 7. Global Minimally Invasive Surgery Devices Market By End User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. Hospitals |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Clinics |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Ambulatory Surgical Centers |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8. Global Minimally Invasive Surgery Devices Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. North America Minimally Invasive Surgery Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Auxiliary Devices |
| 9.1.2.Cutter Instruments |
| 9.1.3.Electrosurgical Devices |
| 9.1.4.Guiding Devices |
| 9.1.5.Handheld Instruments |
| 9.1.6.Inflation Devices |
| 9.1.7.Monitoring & Visualization Devices |
| 9.1.8.Surgical Staplers |
| 9.1.9.Sutures |
| 9.1.10.Others |
| 9.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Gynecological Surgery |
| 9.2.2.Gastrointestinal Surgery |
| 9.2.3.Orthopedic Surgery |
| 9.2.4.Cardiothoracic Surgery |
| 9.2.5.Cosmetic Surgery |
| 9.2.6.Bariatric Surgery |
| 9.2.7.Urological Surgery |
| 9.2.8.Others |
| 9.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Hospitals |
| 9.3.2.Clinics |
| 9.3.3.Ambulatory Surgical Centers |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10. Europe Minimally Invasive Surgery Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Auxiliary Devices |
| 10.1.2.Cutter Instruments |
| 10.1.3.Electrosurgical Devices |
| 10.1.4.Guiding Devices |
| 10.1.5.Handheld Instruments |
| 10.1.6.Inflation Devices |
| 10.1.7.Monitoring & Visualization Devices |
| 10.1.8.Surgical Staplers |
| 10.1.9.Sutures |
| 10.1.10.Others |
| 10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Gynecological Surgery |
| 10.2.2.Gastrointestinal Surgery |
| 10.2.3.Orthopedic Surgery |
| 10.2.4.Cardiothoracic Surgery |
| 10.2.5.Cosmetic Surgery |
| 10.2.6.Bariatric Surgery |
| 10.2.7.Urological Surgery |
| 10.2.8.Others |
| 10.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Hospitals |
| 10.3.2.Clinics |
| 10.3.3.Ambulatory Surgical Centers |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11. Asia Pacific (APAC) Minimally Invasive Surgery Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Auxiliary Devices |
| 11.1.2.Cutter Instruments |
| 11.1.3.Electrosurgical Devices |
| 11.1.4.Guiding Devices |
| 11.1.5.Handheld Instruments |
| 11.1.6.Inflation Devices |
| 11.1.7.Monitoring & Visualization Devices |
| 11.1.8.Surgical Staplers |
| 11.1.9.Sutures |
| 11.1.10.Others |
| 11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Gynecological Surgery |
| 11.2.2.Gastrointestinal Surgery |
| 11.2.3.Orthopedic Surgery |
| 11.2.4.Cardiothoracic Surgery |
| 11.2.5.Cosmetic Surgery |
| 11.2.6.Bariatric Surgery |
| 11.2.7.Urological Surgery |
| 11.2.8.Others |
| 11.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Hospitals |
| 11.3.2.Clinics |
| 11.3.3.Ambulatory Surgical Centers |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12. Middle East and Africa (MEA) Minimally Invasive Surgery Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Auxiliary Devices |
| 12.1.2.Cutter Instruments |
| 12.1.3.Electrosurgical Devices |
| 12.1.4.Guiding Devices |
| 12.1.5.Handheld Instruments |
| 12.1.6.Inflation Devices |
| 12.1.7.Monitoring & Visualization Devices |
| 12.1.8.Surgical Staplers |
| 12.1.9.Sutures |
| 12.1.10.Others |
| 12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Gynecological Surgery |
| 12.2.2.Gastrointestinal Surgery |
| 12.2.3.Orthopedic Surgery |
| 12.2.4.Cardiothoracic Surgery |
| 12.2.5.Cosmetic Surgery |
| 12.2.6.Bariatric Surgery |
| 12.2.7.Urological Surgery |
| 12.2.8.Others |
| 12.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Hospitals |
| 12.3.2.Clinics |
| 12.3.3.Ambulatory Surgical Centers |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13. Latin America Minimally Invasive Surgery Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Auxiliary Devices |
| 13.1.2.Cutter Instruments |
| 13.1.3.Electrosurgical Devices |
| 13.1.4.Guiding Devices |
| 13.1.5.Handheld Instruments |
| 13.1.6.Inflation Devices |
| 13.1.7.Monitoring & Visualization Devices |
| 13.1.8.Surgical Staplers |
| 13.1.9.Sutures |
| 13.1.10.Others |
| 13.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Gynecological Surgery |
| 13.2.2.Gastrointestinal Surgery |
| 13.2.3.Orthopedic Surgery |
| 13.2.4.Cardiothoracic Surgery |
| 13.2.5.Cosmetic Surgery |
| 13.2.6.Bariatric Surgery |
| 13.2.7.Urological Surgery |
| 13.2.8.Others |
| 13.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Hospitals |
| 13.3.2.Clinics |
| 13.3.3.Ambulatory Surgical Centers |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Abbott |
| 14.2.2.Medtronic |
| 14.2.3.Boston Scientific Corporation. |
| 14.2.4.Braun Melsungen AG. |
| 14.2.5.Koninklijke Philips N.V., |
| 14.2.6.Stryker |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Abbott
- Medtronic
- Boston Scientific Corporation.
- Braun Melsungen AG.
- Koninklijke Philips N.V.,
- Stryker
- Olympus Corporation
- Smith+Nephew.
- Zimmer Biomet