Minimally Invasive Surgical Instruments Market by Application, Product & Region - 2019

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Minimally Invasive Surgical Instruments Market by Application, Product & Region 2019

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The report “Minimally Invasive Surgical Instruments Market by Product (Handheld Instruments, Guiding Device, Inflation Systems, Auxiliary Instruments, Cutter Instruments), Application (Cardiothoracic, Vascular Surgery, Cosmetic, Urological) - Global Forecast to 2019�, provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends and strategies impacting the global market along with estimates and forecast of revenue.

Browse 85 market data tables, 47 figures spread through 189 pages and in-depth TOC http://www.marketsandmarkets.com/Market-Reports/minimally-invasive-surgicalinstruments-devices-market-682.html Early buyers will receive 10% customization in this report The minimally invasive surgical instruments market is expected to grow at a CAGR of 6.1% to reach $14,133.0 million by 2019 from $10,526.2 million in 2014.

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Factors such as advantages of minimally invasive surgeries over traditional open surgeries, reduced healthcare costs owing to minimally invasive surgeries, and increasing number of surgical procedures among the geriatric population are driving the global MIS instruments market. On the other hand, reimbursement challenges in the medical device industry and uncertainties in regulatory policies in different regions are hindering the growth of the market.

The minimally invasive surgical instruments market is segmented on the basis of products, applications, and regions. On the basis of applications, the market is segregated into cardiothoracic surgery, vascular surgery, cosmetic/bariatric surgery, gastrointestinal surgery, gynecological surgery, urological surgery, orthopedic surgery, and others (ENT/respiratory surgery, neurological surgery, dental surgery, and pediatric surgery).

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On the basis of products, the market is segmented into handheld instruments, cutter instruments, inflation systems, guiding devices, and auxiliary instruments. The handheld instruments segment is further categorized into forceps, spatulas, retractors, dilators, graspers, stents, and others (suctions and needle holders).

The guiding devices segment is bifurcated into guiding catheters and guidewires. The inflation segment is categorized into balloons, balloon inflation devices, and others (insufflators and insufflator needles). The cutter instruments segment is further divided into rasps, trocars, and others (scissors, dissectors, and blades). Guiding devices are expected to be the fastest-growing segment of the minimally invasive surgical instruments products market by 2019 owing to the usage of guiding catheters and guidewires in interventional angioplasty procedures as well as in peripheral MIS procedures.

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Geographically, the market is dominated by North America, followed by Europe. However, the Asia-Pacific region is expected to be the fastest growing region in minimally invasive surgical instruments market during the forecast period. Increasing purchasing power of the middle class population and increasing awareness about MIS techniques in different surgical procedures in countries such as China, India, and Japan are fuelling the growth of the Asia-Pacific region.

Major players operating in the global market are Medtronic plc (U.S.), Smith & Nephew plc (U.K.), Aesculap, Inc. (Germany), Ethicon, Inc. (U.S.), and Stryker Corporation (U.S.).

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