A recently published report titled, “Minimally Invasive Surgical Instruments Market: Opportunity Analysis and Future Assessment 2022-2030” offers a thorough and profound assessment on the market stature along with the top leading facts and figures, definition, overview, expert opinions, SWOT analysis, as well as the recent developments of the market all around the world. The market report also computes the market size, market sales, revenue, price, market share and gross margin and market forecast, growth rate and cost structure. The report estimates the revenue created from the sales and technologies by various application segments.
The global minimally invasive surgical instruments market in 2022 is estimated for more than US$ 25.5 Bn and expected to reach a value of US$ 47.8 Bn by 2030 with a significant CAGR of 8.2%.
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Minimally Invasive Surgical Instruments Market Dynamics
Factors like the increasing geriatric population elevated occurrence and count of lifestyle-oriented diseased patients, and the mounting demand and adoption of surgeries with improved technology serve to be the prime market growth driving factors. In addition, the benefits like cost-effectiveness and reduced recovery time span with the development of new technologies and reduction in post-surgery trauma further aid the growth of the minimally invasive surgical instruments market. Moreover, the advantages and high acceptance rate of minimally invasive surgeries over traditional open surgeries also acts as a market driving factor.
The mounting rate of adoption of new technologies and the rising occurrence of lifestyle-related and chronic disorders also boost market growth. However, the uncertain regulatory framework, the reimbursement issues linked with the medical device industry along the scarcity of expert professionals hamper the market growth. On the other hand, growing demand from emerging countries and increasing research and development activities offer opportunities, resulting in market growth. However, the major challenging factor of this market is the changing decision-making power along with the cost-benefit analysis followed by hospitals.
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Minimally Invasive Surgical Instruments Market Segmentation
The global minimally invasive surgical instruments market is segmented on the basis of device, application, end-use, and region.
By Device:
 Handheld Instruments
 Inflation Devices
 Cutter Instruments
 Guiding Devices
 Electrosurgical Devices
 Auxiliary Devices
 Monitoring & Visualization Devices
By Application:
 Cardiac
 Gastrointestinal
 Orthopedic
 Vascular
 Gynecological
 Urological
 Thoracic
 Cosmetic
 Dental
 Others
By End Use:
 Hospitals
 Ambulatory Surgical Centers
By Region:
 North America
 Europe
 Asia Pacific
 Latin America
 Middle East
 Africa
Minimally Invasive Surgical Instruments Market Competitive Landscape
Key players operating in the global minimally invasive surgical instruments market include:
 Abbott Laboratories
 ArthroCare Corporation
 Biomet, Inc.
 DePuy Synthes
 Ethicon, Inc.
 GE Healthcare
 Intuitive Surgical, Inc.
 Medtronic, Inc.
 NuVasive, Inc.
 Siemens Healthcare GmbH
 Zimmer Biomet Holdings Inc.
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