Minimally Invasive Surgery Market will have a Valuation of US$ 10 billion by 2031 End

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Summary

The global minimally invasive surgery market is gaining traction and is predicted to ascend at a moderate CAGR and top a valuation of US$ 10 billion by 2031. Advancements in clinics, hospitals, and medical technology, and rise in preference for hassle-free surgical procedures such as robotic surgery, laparoscopic surgery, and others are expected to fuel the sales of suppliers.

Press Release

Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the Minimally Invasive Surgery Market during the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2028, and key prospects over the forecast period 2028. The insights and analytics on the Minimally Invasive Surgery Market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.

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What are the Key Challenges Faced by Minimally Invasive Surgery Equipment Manufacturers?

There are a few disadvantages of minimally invasive surgeries that throw up challenges for industry players, such as-

  • Increased cost
  • Lengthier operation
  • Potential need for blood transfusion
  • Risk of damage to internal structures such as blood vessels, bladder, and others
  • Adverse reactions

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However, with continuous R&D activities, manufacturers are expected to overcome these challenges over the coming years.

Country-Wise Analysis

What’s Driving the Market for Minimally Invasive Surgeries in the United States?

The United States is the leading country in North America’s market for minimally invasive surgeries, and is set to maintain its lead throughout the forecast period. Highly advanced medical and hospital sector is driving sales in the country.

According to a report titled “Industries at a Glance” by Bureau of Labor Statistics, the medical and hospitals industry is the one of the best prospect industries, while its medical technologies sector is the largest in the world. As stated in the report, employment in this sector in thousands grew to 5,174.8 in December 2020, and is subject to grow further. This indirectly indicates the new opportunities for minimally invasive surgery equipment suppliers in the United States.

 

The Report Covers Exhaustive Analysis On:

  • Market Segments
  • Market Dynamics
  • Market Size & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

The Minimally Invasive Surgery Market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.

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Some important questions that the Minimally Invasive Surgery Market report tries to answer exhaustively are:

  • Key strategic moves by various players in the Minimally Invasive Surgery Market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares
  • Which strategies will enable top players in the Minimally Invasive Surgery Market to expand their geographic footprints
  • Which new business models are expected to change the course of growth of key regional markets in near future
  • Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants
  • Which products segments have in recent years have seen new, lucrative application areas

Benefits of Fact.MR Study

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minimally invasive surgery market

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