How the Minimally Invasive Surgical Instruments Market is Positioned for Growth: Trends, Market Size, and Future Opportunities (2025-2034)
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What Major Innovations Are Driving the Accelerated Growth of the Minimally Invasive Surgical Instruments Market?
The rising number of surgical procedures is expected to boost the growth of the minimally invasive surgical instruments market. The preference for minimally invasive surgery is increasing due to its reduced impact on the body compared to traditional surgery. For example, in April 2022, the Aesthetic Society reported a significant rise in the number of plastic surgery procedures, indicating a broader trend toward minimally invasive operations. This increase in surgeries will drive the demand for specialized surgical instruments.
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#How Will the CAGR of the Minimally Invasive Surgical Instruments Market Influence Its Overall Growth by 2034?
The minimally invasive surgical instruments market has shown strong growth in recent years. It is expected to grow from $39.39 billion in 2024 to $43.2 billion in 2025, at a CAGR of 9.7%. This growth is driven by an aging population, the increase in chronic diseases, higher R&D investment in healthcare, improved healthcare infrastructure, and growth in medical tourism.
The minimally invasive surgical instruments market is expected to grow rapidly, reaching $64.75 billion by 2029 at a CAGR of 10.6%. Growth is driven by an increase in surgical procedures, higher healthcare spending, rising disposable incomes, and a demand for shorter hospital stays. Major trends include the integration of robotics and AI, the customization of surgical instruments, eco-friendly and sustainable instruments, and cross-disciplinary collaborations.
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What Are the Most Significant Market Trends Transforming theMinimally Invasive Surgical Instruments Market?
The development of low-cost surgical robotic systems is becoming a significant trend in the minimally invasive surgical instrument market. As robot-assisted surgery gains popularity, new technologies and smaller, more affordable robotic systems are becoming available. For instance, in June 2023, CMR Surgical, a UK-based medical device company, launched the Versius surgical robot in Belgium. This modular, compact robot is designed to expand access to minimally invasive surgery by fitting easily into operating rooms and offering customizable port placements for various procedures.
What Are the Top Market Players Propelling the Growth of theMinimally Invasive Surgical Instruments Industry?
Major companies operating in the minimally invasive surgical instruments market include Abbott Laboratories Inc., Aesculap Inc., AMNOTEC International Medical GmbH, Applied Medical Resources Corporation, B. Braun Melsungen AG, Becton Dickinson and Company, Boston Scientific Corporation, CONMED Corporation, EndoMed Systems GmbH, FUJIFILM Holdings Corporation, HOYA Corporation, Intuitive Surgical Inc., KARL STORZ SE & Co. KG, KLS Martin Group, Koninklijke Philips N.V, Microline Surgical Corp., NuVasive Inc., Olympus Corporation, Scanlan International Inc., Smith & Nephew plc, Ethicon Inc., GE Healthcare Technologies Ltd., Medtronic Inc., Johnson & Johnson Services Ltd., Stryker Corporation, Cooper Companies Inc., Applied Medical Technology Inc., Richard Wolf GmbH, Zimmer Biomet Holdings Inc., Siemens Healthineers AG
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Which Primary Segments of the Minimally Invasive Surgical Instruments Market Are Driving Growth and Industry Transformations?
The minimally invasive surgical instruments market covered in this report is segmented –
1) By Product: Handheld Instruments, Inflation Systems, Cutter Instruments, Guiding Devices, Electrosurgical Devices, Auxiliary Instruments
2) Type of Procedure Outlook: Robotic, Non- Robotic
3) By Application: Cardiothoracic Surgery, Gastrointestinal Surgery, Orthopedic Surgery, Gynecological Surgery, Cosmetic & Bariatric Surgery, Vascular Surgery, Urological Surgery
4) By End User: Hospitals, Ambulatory Surgical Clinics, Research Institutes
Subsegments:
1) By Handheld Instruments: Scissors, Graspers, Forceps, Needle Holders, Trocars
2) By Inflation Systems: Insufflators, Inflation Pumps
3) By Cutter Instruments: Blades, Biopsy Punches, Snares
4) By Guiding Devices: Guidewires, Catheters, Trocar Systems
5) By Electrosurgical Devices: Electrosurgical Generators, Electrosurgical Pencils, Argon Plasma Coagulation Devices
6) By Auxiliary Instruments: Suction Devices, Energy Devices, Laparoscopic Accessories
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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Minimally Invasive Surgical Instruments Market?# Market?
North America was the largest region in the minimally invasive surgical instruments market in 2024. Asia-Pacific is expected to be the fastest growing region in the minimally invasive surgical instruments market. The regions covered in the minimally invasive surgical instruments market market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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