| Market Size – USD 21.98 Billion in 2020, Market Growth – at a CAGR of 8.1%, Market Trends – Increasing global geriatric population
The global minimally invasive surgical systems market size is expected to reach USD 41.16 Billion at a steady CAGR of 8.1% in 2028, according to latest analysis by Emergen Research. Health expenses on chronic diseases are a major contributor to the USD 3.80 trillion yearly healthcare expenses in the US, with about 50.0% of the American population being diagnosed with a minimum of one chronic disease and the ratio is likely to grow in the future. Surgery is widely used to address various chronic diseases. Minimally invasive surgical systems provide benefits of small incision, decreased infection risk, reduced tissue injuries, and faster recovery time.
The report studies the impact of the COVID-19 pandemic on the 777 market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.
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The report offers a complete analysis of the global Minimally Invasive Surgical Systems market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market.
The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.
Key companies profiled in the report include:
Key players in the market include Stryker Corporation, Abbott Laboratories, Medtronic PLC, Boston Scientific Corporation, Johnson & Johnson, OmniGuide Holdings Inc., B. Braun Melsungen AG, Becton, Dickinson and Company, CONMED Corporation, and Hoya Corporation.
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The report further covers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a complete understanding of the competitive landscape and scenario of each market player. The report also provides an in-depth analysis of the applications and product types offered in the market.
Emergen Research has segmented the global minimally invasive surgical systems market on the basis of device type, surgery type, end-use, and region:
Device Type Outlook (Revenue, USD Billion; 2018–202
Handheld Devices
Cutter Devices
Inflation Devices
Electrosurgical Devices
Monitoring and Visual Devices
Guiding Devices
Auxiliary Devices
Surgery Type Outlook (Revenue, USD Billion; 2018–202
Gastrointestinal Surgery
Cardiovascular Surgery
Orthopedic Surgery
Urological Surgery
Cosmetic Surgery
Neurological Surgery
Others
End-Use Outlook (Revenue, USD Billion; 2018–202
Hospitals
Specialty Clinics
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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Emergen Research | Web: www.emergenresearch.com
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