Minimally Invasive Surgery Market – Global Industry Growth, Analysis, Share, Size, Trends And Forecast To 2020 …

San Francisco, California (PRWEB) December 18, 2014

The healthcare sector is witnessing a transition from the conventional surgery to minimally invasive surgery. This transition was initiated with the advent of laparoscopic surgery being accepted globally owing to the ease associated with it for both the clinicians and patients. Minimally invasive surgery is the next step of laparoscopic surgery, and is gaining momentum as a consequence of the better outcomes it provides in terms of post-operative pain. The patients return to functional activity quickly and have fewer complications during and post the surgical intervention. Thus, increasing awareness among the patient population towards less traumatic, minimal incision procedures and preventive healthcare are the major driver attributing the minimally invasive surgery market. Growth of Minimally Invasive Surgery market can also be attributed to technological innovations in the field of Telemedicine and medical robotics.

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The surgical devices segment is expected to grow at a lucrative rate during the forecast period owing to the extensive use of these devices while performing minimally invasive surgery. The cosmetic surgery segment is expected to capture significant market share in the coming six years as a consequence of increased spending by people for increasing the aesthetic appeal of their body. Regionally, North America has the largest revenue in the minimally invasive surgery market. This is attributed to the presences of large patient pool ready to spend on technologically advanced procedures. The Asia Pacific market is expected to grow substantially during the forecast period in light rapid economic growth and improving healthcare infrastructure.

Key companies operating in the minimally invasive surgery market include Intuitive Surgical Inc., Stryker Corporation, GE Healthcare, Biomet, Inc., and Medtronic Inc. These players are constantly putting efforts to introduce advanced and novel technology by investing huge amount of money on R&D activities.

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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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