Report DescriptionAbout IMARC Group

The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Global Minimally Invasive Surgery Market Research Report:

The latest report by IMARC, titled “ Minimally Invasive Surgery Market: Global Industry Trends, Share, Size, Growth, Opportunity and For ecast 2022-2027

” the global minimally invasive surgery market size reached US$ 46.2 Billion in 2021. A minimally invasive surgery refers to a procedure that limits the size and the number of cuts and incisions required during surgery. It utilizes small tools, cameras and lights that are introduced in the body through tiny incisions. Unlike traditional invasive surgery, this procedure aims to minimize the damage to human tissues and is associated with enhanced precision, minimal blood loss, fewer complications, quicker recovery, and shorter hospital stay. As a result, MI surgeries are gaining widespread prominence across the globe for the treatment of diverse health conditions, including spinal, orthopedic, gastrointestinal, cardiothoracic, cardiovascular and neurological disorders.

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Global Minimally Invasive Surgery Market Trends :

The global market is primarily driven by an increase in the prevalence of chronic and lifestyle diseases, such as cancer and obesity, owing to a lack of physical activities and shifting dietary preferences. This, along with the growing health consciousness among the masses, has led to a rise in the adoption rates of numerous weight loss surgical procedures, such as bariatric surgery and gastric banding, which employ MI techniques. Moreover, a significant increase in the geriatric population has led to an increase in the prevalence of cardiac and orthopedic complications, which, in turn, is bolstering the demand for MI procedures. Furthermore, manufacturers are continually engaging in research and development (R&D) for introducing technological advancements in the field of surgery. For instance, the advent of robotic technology-enabled MI surgeries has resulted in higher success rates with enhanced precision. Similarly, advanced surgical systems like the da Vinci surgical system offer improved outcomes with the utilization of a 3D (three dimensional) high-definition view of the surgical area, thereby creating a positive outlook for the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 70.7 Billion by 2027, expanding at a CAGR of 7.39% during 2022-2027.

Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).