Analyzing the Minimally Invasive Surgical Systems Market Size: Eyes 7.5% CAGR and Forecast for 2023-28

Global Minimally Invasive Surgical Systems Market Size, Share, Analysis, Trends Future & Forecast 2028

MarkNtel Advisors has recently released an all-encompassing report on Global Minimally Invasive Surgical Systems Market. The report thoroughly explores the present and future market scenarios, providing valuable insights into market size, share, and competitor segmentation. It also delivers an overview of manufacturers, regions, product categories, and application areas. This extensive research is designed to empower clients with the knowledge required to comprehend and capitalize on market trends for their business strategies.

Forecast 2028: Revealing Minimally Invasive Surgical Systems Market Insights and Analysis

The Global Minimally Invasive Surgical Systems Market is anticipated to grow at a CAGR of around 7.5% during the forecast period, i.e., 2023-28.

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Key Driver: Rising Prevalence of Chronic Diseases worldwide

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.

A Comprehensive Overview of Geographical Diversity:

the Global Minimally Invasive Surgical Systems Market expands across:

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

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Minimally Invasive Surgical Systems Market Segmentation Outline:

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 Application (Urology Surgery, Gynecology Surgery, General Surgery, Cardiovascular Surgery, Orthopedic Surgery, Head and Neck Surgery (Neurosurgery), Others (Biopsy, Hair, etc.))
By End-User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics)

Competitive Outlook

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, Renishaw 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, and Siemens Healthcare GmbH.

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