Minimally Invasive Surgery Size, Share, Growth, Trends and Forecast

Dr. AyoubLess scarring, minimal blood loss, faster recovery, less post-operative pain and shorter hospital stays are some of the potential benefits that have led to overwhelming success of minimal invasive surgery and devices. These surgeries are now increasingly gaining importance and preference over conventional surgeries, and the annual growth rate is expected to be eight percent during the next five years. According to the Minimally Invasive Surgery Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 through 2019, the global market for minimally invasive surgery is expected to reach $50.6 billion by 2019.

Minimally invasive procedures are successfully applied to thoracic, cervical and lumbar spine, cardiac and valve surgeries and gastrointestinal tract surgeries. Other medical applications of these advanced techniques are orthopaedic, urological, vascular and neurological procedures. The advanced devices used to perform these less invasive surgeries include medical robotic systems, endoscopy devices, ablation devices and electrosurgical devices.

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The report, “Minimally Invasive Surgical Instruments, Imaging & Visualization Systems and Medical Robotics Market (2011-2016),” analyzes minimal invasive surgery market from three main perspectives- the types of medical devices and tools used to perform these surgeries, the different types of surgeries performed and the major geographic market. The geographic market overview analyzes the market dynamics with respect to market drivers, opportunities and restraints.

According to the 2012 Global MIS market, North America accounted for the largest share by revenue. The highest growth can be contributed to large number of elderly people in the region and presence of leading medical device manufacturers in the region. However, it has been estimated that Asia-Pacific is going to show the highest growth rate of 13.3 percent over the next few years. This can be attributed to faster economic development and rise in disposable income in Asian countries like India and China.

Complex conditions ranging from cancer to uterine prolapse can be efficiently treated with minimally invasive surgery- Da Vinci Robotic surgery. This state-of-art robotic platform provides a great alternative to both traditional open surgery and conventional laparoscopy. The main advantages of this advanced technology are significantly less pain, shorter recovery time, better clinical outcomes for complex and delicate surgical procedures and less blood loss and scarring. The advanced robotic platform offers better visibility, precision and control to the surgeon performing the surgery. Some of the procedures performed by da Vinci robotic surgery include da Vinci colorectal surgery, da Vinci gall bladder surgery, da Vinci lung surgery, da Vinci robotic hysterectomy and many more.