Minimally Invasive Surgical Systems Market Surges with a Robust 7.5% CAGR in 2023-28 Forecast
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Prominent Features of the Minimally Invasive Surgical Systems Market Report for 2028
MarkNtel Advisors has recently published a research report titled Minimally Invasive Surgical Systems Market for the forecast year, 2023-28. MarkNtel Advisors is a prominent provider of market research and business intelligence solutions. Our extensive range of reports and services caters to the needs of businesses, investors, and professionals seeking informed decision-making in dynamic and competitive markets.
Insights into the Minimally Invasive Surgical Systems Market
According to the analysis conducted by MarkNtel Advisors, The Global Minimally Invasive Surgical Systems Market is estimated to grow at a CAGR of around 51.23 % during the forecast period, i.e., 2023-28. In the midst of rapid transformations within the Pea Protein market, it is imperative for businesses and investors to maintain a strategic advantage. Our report provides an in-depth examination of key market players, potential opportunities, and valuable insights, equipping our clients with the necessary information to make well-informed decisions amidst this dynamic environment.
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Market Dynamics
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.
Lucrative Segments in the Minimally Invasive Surgical Systems Market
Clients seeking to enhance their returns in this market must make informed decisions. Keeping this in mind, our analysis examines potential investment hubs by considering projected demand, anticipated returns, profit margins, and market stability.
The Minimally Invasive Surgical Systems Market is highly fragmented and bifurcates into the following segmentations:
By Application
-Urology Surgery
-Gynecology Surgery
-General Surgery
-Cardiovascular Surgery
-Orthopedic Surgery
-Head and Neck Surgery (Neurosurgery)
-Others (Biopsy, Hair, etc.)
- Among these, Orthopedic Surgery held the largest share in the Global Minimally Invasive Surgical Systems Market over the past few years.
By End Users
-Hospitals
-Ambulatory Surgical Centers
-Specialty Clinics
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By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
- Geographically, North America attained the highest share in the Global Minimally Invasive Surgical Systems Market due to the burgeoning number of surgical procedures and early diagnosis of the diseases.
Competitive Landscape of Minimally Invasive Surgical Systems Market
The key players profiled in the research report are 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.,Others We at MarkNtel Advisors, diligently identify and analyze each and every prominent player, including their new product launch, merger in recent years, acquisitions, and collaborations if any. This aids our clients in making better projections and staying competitive in the market.
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