The global minimal invasive surgery industry is hampered by inadequate quality assurance pertaining to performance and improper sterilization procedures over the forecast period. Technologically advanced products are entering the market which includes narrow band imaging endoscopes, confocal micro endoscopes, and HD cameras for endoscopes, this is anticipated to boost the minimally invasive surgery market in the next few years as it provides better visualization during the surgery.
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Minimal Invasive Surgery Industry, by Product
Based on product, the global minimally invasive surgical instruments industry is categorized into handheld instruments, electrosurgical instruments, guiding devices, and inflation systems. Handheld instruments held the highest market share, and is expected to grow at the highest growth rate during the forecast period. This is attributed to the wide use of handheld instruments in minimally invasive surgical procedures.
Minimal invasive surgery industry, by End-User
Ambulatory Surgical Clinics
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Global minimal invasive surgery industry is dominated by, Medtronic, Ethicon USA, LLC., Smith & Nephew PLC, B. Braun (Germany), Stryker Corporation, Abbott Laboratories, Conmed Corporation, Applied Medical Resources Corporation, Hoya Corporation, Zimmer Biomet Holdings, Inc.,
Regionally, North America has the largest revenue share in the global minimal invasive surgery industry. Presences of large patient pool suffering from chronic disorders and the demand for technologically advanced products is the major factor attributing to the growth of this region
Asia Pacific will have lucrative growth rate in the coming six years. High unmet need of people in this region and a rise in medical tourism to nations such as India and China will contribute to the growth of this region.
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Minimal Invasive Surgery industry Target Audience:
* Minimal Invasive Surgery providers
* Traders, Importer and Exporter
* Raw material suppliers and distributors
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies
Minimal Invasive Surgery Industry Research Methodology:
The minimal invasive surgery industry is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity Production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
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