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Global Minimally Invasive Surgery Market Size, Share & Recession Impact Analysis, By Condition (Gastrointestinal Conditions, Spinal Conditions, Gynecologic Conditions and Other Conditions), By Service Type (Laparoscopic Surgery, (Appendectomy, Hysterectomy, Myomectomy, Colectomy, Others), Robotic Surgery (Colorectal Surgery, Gynecologic Surgery and Others)), By End User (Hospitals & Clinics and Ambulatory Surgical Centers), and Regional Forecasts, 2023-2030

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The global minimally invasive surgery market size was valued at USD 20.5 billion in 2022. The market is projected to grow from USD 20.5 billion in 2022 to USD 33.4 billion by 2030, exhibiting a CAGR of 7.20% during the forecast period.
 
The market for minimally invasive surgery is anticipated to expand significantly during the next few years. A number of factors are responsible for the growth, including the rising incidence of chronic diseases like cancer and cardiovascular diseases, technological developments in surgical instruments, the growing demand for shorter hospital stays and quicker recovery times, and the growing elderly population. The market for minimally invasive surgery is also predicted to rise as a result of the surge in demand for laparoscopic procedures. Due to the fact that older people are more prone to chronic diseases, an increase in the geriatric population is another factor driving the growth of the minimally invasive surgery market. Furthermore, the industry is growing due to the increase in surgeries.
 
RECESSION IMPACT

The healthcare sector and the market for minimally invasive surgery are just two examples of the many areas of the economy that can be significantly impacted by recessions. People may lose their employment, have their income decline, and have less money available during a recession, all of which can lower demand for medical services and surgical procedures. A recession can have a variety of effects on the market for minimally invasive surgery. Due to financial limitations, patients may delay or postpone elective surgeries, which lowers the demand for surgical procedures. Financial difficulties may also affect hospitals and healthcare organisations' capacity to invest in new machinery and technology, which may slow down the adoption of minimally invasive surgical techniques.
 
DRIVING FACTORS

Growing Incidence of Chronic Diseases to Drive Market Growth

The market for minimally invasive surgery is anticipated to grow in popularity as chronic diseases become more common. Long-lasting illnesses known as chronic diseases are frequently incurable but can occasionally be treated and managed. Chronic illnesses are caused by a changing lifestyle, poor eating habits, and failure to maintain a healthy weight; a few more protracted chronic infections increase the likelihood of developing cancer. The need for minimally invasive surgery for patients has increased as a result of increased awareness of this disease. Patients who undergo this type of surgery experience fewer complications, less post-operative pain, a shorter hospital stay, quicker recovery times, less scarring, and less immune system stress. For instance, a research report released by American Action Forum in September 2020 found that chronic disease incidence and costs are increasing and will continue to do so as the condition becomes more common among adolescents and young adults. Hence, the market for minimally invasive surgery is expanding due to the rising frequency of chronic disorders.
 
RESTRAINING FACTORS

High Cost of Minimally Invasive Surgery to Limit Market Growth

The high cost of these procedures is one of the main market inhibitors for the minimally invasive surgery business. The utilisation of cutting-edge technologies, specialised tools, and highly skilled personnel during minimally invasive surgery frequently raises the cost of the treatments. For instance, specialised tools like endoscopes, cameras, and robotic arms are needed for laparoscopic or robotic-assisted procedures, which are costly to purchase and maintain. Disposable tools may also be needed for these treatments, raising the overall cost. Moreover, preoperative testing such as imaging scans or blood tests as well as postoperative treatment such as follow-up visits, rehabilitation, and medication may be included in the cost of minimally invasive surgery. Each of these elements has the potential to raise the procedure's overall cost, making it more expensive than regular surgery.
 
SEGMENTATION

By Condition


Based on condition, the minimally invasive surgery market is segmented into gastrointestinal conditions, spinal conditions, gynecologic conditions and other conditions. The gynecologic conditions category dominated the market in 2022 due to strict government rules, an increase in the number of women and the occurrence of gynaecological disorders, leading to the development of advanced minimally invasive surgical devices. However, due to an increase in the frequency of axial spondyloarthritis and technological improvements in the healthcare industry, the spinal condition segment is anticipated to have significant growth over the forecast period.
 
By Service Type

Based on service type, the minimally invasive surgery market is segmented into laparoscopic surgery, (appendectomy, hysterectomy, myomectomy, colectomy, others), robotic surgery (colorectal surgery, gynecologic surgery and others). The robotic surgery category dominated the market in 2022 due to the growing number of patients with neurological, gynaecological, urological, and cardiovascular conditions. When compared to open surgery, robotic surgery has many advantages for patients, including quicker recovery times, smaller incisions, less blood loss, and minimal scarring. It also requires less time in the hospital.
 
By End User

Based on end user, the minimally invasive surgery market is segmented into hospitals & clinics and ambulatory surgical centers. The hospitals & clinics category dominated the market in 2022. This is a result of the numerous surgeries that are performed in hospitals. Furthermore, one of the primary factors in building trust among people is the abundance of medical specialists at hospitals.
 
REGIONAL INSIGHTS

Minimally Invasive Surgery Market By Region 
North America is projected to hold the largest share of the minimally invasive surgery market over the forecast period. The increased prevalence of minimally invasive surgeries and the rising incidence of chronic diseases are the main causes of the exponential growth. Moreover, advancements in a variety of surgical instruments from well-known, significant firms are projected to fuel market expansion in the United States. The development of healthcare services, the adoption of new technology, and growing public knowledge of alternative treatment choices are other drivers boosting market expansion. On the other hand, the Asia Pacific minimally invasive surgery market is anticipated to grow significantly. The region's growing healthcare infrastructure, increasing investments in the industry, rising healthcare costs, rising spending power, rising geriatric population, technology improvements, and the presence of international healthcare providers in the area are all contributing factors.
 
LIST OF KEY COMPANIES PROFILED:
  • Apollo Hospitals Enterprise Ltd.
  • Bedfordshire Hospitals
  • Circle Health Ltd.
  • Manipal Health Enterprises Pvt Ltd.
  • King Fahd Medical City
  • Mount Elizabeth Hospital
  • Singapore General Hospital Ltd.
  • Stanford Healthcare
  • The General Hospital Corporation
  • The Johns Hopkins Hospital
Recent Development:
  • In November 2019, Robot-assisted, minimally invasive surgery using the Avatera system was successfully evaluated for CE conformity by the pioneering German medical technology company Avateramedical GmbH.
REPORT SCOPE AND SEGMENTATION
 
Attributes Details
Market Size in 2022 USD 20.5 Billion
Market Forecast in 2030 USD 33.4 Billion
Compound Annual Growth Rate 7.20 %
Unit Revenue (USD Million) and Volume (Kilo Tons)
Segmentation By Condition, By Service Type, By End User and By Geography
By Condition
  • Gastrointestinal Conditions
  • Spinal Conditions
  • Gynecologic Conditions
  • Other Conditions
By Service Type
  • Laparoscopic Surgery
    • Appendectomy
    • Hysterectomy
    • Myomectomy
    • Colectomy
    • Others
  • Robotic Surgery
    • Colorectal Surgery
    • Gynecologic Surgery
    • Others
By End User
  • Hospitals & Clinics
  • Ambulatory Surgical Centers
By Region
  • North America: U.S and Canada
  • Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
  • APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
  • Latin America: Brazil, Argentina, Chile
  • The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2022
Historical Year 2016-2021
Forecast Year 2023-2030
Chapter 1    Preface

    1.1    Report Scope and Description
        1.1.1    Study Purpose
        1.1.2    Target Audience
        1.1.3    USP and Key Offerings
    1.2    Key Benefits for Stakeholders
    1.3    Report Scope

Chapter 2    Report Summary

    2.1    Key Findings
        2.1.1    Top Investment Pockets
    2.2    Market Snapshot: Global Minimally Invasive Surgery Market
    2.3    Global Minimally Invasive Surgery Market, 2019 – 2030 (US$ Mn)

Chapter 3    COVID 19 Impact Analysis

    3.1    Impact Assessment of COVID-19 Pandemic, By Region
        3.1.1    North America: Impact of COVID-19 Pandemic
        3.1.2    Europe: Impact of COVID-19 Pandemic
        3.1.3    Asia pacific: Impact of COVID-19 Pandemic
        3.1.4    Latin America: Impact of COVID-19 Pandemic
        3.1.5    Middle-East and Africa: Impact of COVID-19 Pandemic
    3.2    Key Strategies Undertaken by Companies to Tackle COVID-19
    3.3    Quarterly Market Revenue by Region 2021 & 2023
    3.4    Pre COVID-19 Market Revenue, By Region, 2016-2019        (USD Million)
    3.5    Post COVID-19 Market Revenue, By Region, 2020-2030 (USD Million)
    3.6    Short Term Dynamics
    3.7    Long Term Dynamics

Chapter 4    Global Minimally Invasive Surgery Market, By Condition Segment Analysis

    4.1    Minimally Invasive Surgery Market Overview, By Condition Segment
        4.1.1    Global Minimally Invasive Surgery Market Revenue Share, By Condition, 2023 & 2030 (Value, %)
    4.2    Gastrointestinal Conditions
        4.2.1    Minimally Invasive Surgery Share Forecast, By Region (USD Million)
        4.2.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.2.3    Key Market Trends, Growth Factors, & Opportunities
    4.3    Spinal Conditions
        4.3.1    Minimally Invasive Surgery Share Forecast, By Region (USD Million)
        4.3.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.3.3    Key Market Trends, Growth Factors, & Opportunities
    4.4    Gynecologic Conditions
        4.4.1    Minimally Invasive Surgery Share Forecast, By Region (USD Million)
        4.4.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.4.3    Key Market Trends, Growth Factors, & Opportunities
    4.5    Other Conditions
        4.5.1    Minimally Invasive Surgery Share Forecast, By Region (USD Million)
        4.5.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.5.3    Key Market Trends, Growth Factors, & Opportunities
            
Chapter 5    Global Minimally Invasive Surgery Market, By Service Type Segment Analysis

    5.1    Minimally Invasive Surgery Market Overview, By Service Type Segment
        5.1.1    Global Minimally Invasive Surgery Market Revenue Share, By Service Type, 2023 & 2030 (Value, %)
    5.2    Laparoscopic Surgery
        5.2.1    Minimally Invasive Surgery Share Forecast, By Region (USD Million)
        5.2.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        5.2.3    Key Market Trends, Growth Factors, & Opportunities
    5.3    Robotic Surgery
        5.3.1    Minimally Invasive Surgery Share Forecast, By Region (USD Million)
        5.3.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        5.3.3    Key Market Trends, Growth Factors, & Opportunities
            
Chapter 6    Global Minimally Invasive Surgery Market, By End User Segment Analysis

    6.1    Minimally Invasive Surgery Market Overview, By End User Segment
        6.1.1    Global Minimally Invasive Surgery Market Value Share, By End User, 2021 & 2030 (Value, %)
    6.2    Hospitals & Clinics
        6.2.1    Minimally Invasive Surgery Share Forecast, By Region (USD Million)
        6.2.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        6.2.3    Key Market Trends, Growth Factors, & Opportunities
    6.3    Ambulatory Surgical Centers
        6.3.1    Minimally Invasive Surgery Share Forecast, By Region (USD Million)
        6.3.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        6.3.3    Key Market Trends, Growth Factors, & Opportunities
            
Chapter 7    Minimally Invasive Surgery Market – Regional Analysis, 2023 – 2030

    7.1    Minimally Invasive Surgery market Overview, by Region Segment
        7.1.1    Global Minimally Invasive Surgery market Revenue Share, By Region, 2023 & 2030
        7.1.2    Global Minimally Invasive Surgery Market Revenue, By Region, 2017 – 2030 (US$ Mn)
        7.1.3    Global Minimally Invasive Surgery market Revenue, By Condition, 2017 – 2030 (US$ Mn)
        7.1.4    Global Minimally Invasive Surgery market Revenue, By Service Type, 2017 – 2030 (US$ Mn)
        7.1.5    Global Minimally Invasive Surgery Market Revenue, By End User, 2017 – 2030 (US$ Mn)
    7.2    North America
        7.2.1    North America Minimally Invasive Surgery Market Revenue, By Country, 2019 – 2030 (US$ Mn)
        7.2.2    North America Minimally Invasive Surgery Market Revenue, By Condition, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.2.3    North America Minimally Invasive Surgery Market Revenue, By Service Type, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.2.4    North America Minimally Invasive Surgery Market Revenue, By End User, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.2.5    U.S. Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.2.6    Canada Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.2.7    Mexico Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
    7.3    Europe
        7.3.1    Europe Minimally Invasive Surgery Market Revenue, By Country, 2019 – 2030 (US$ Mn)
        7.3.2    Europe Minimally Invasive Surgery Market Revenue, By Condition, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.3.3    Europe Minimally Invasive Surgery Market Revenue, By Service Type, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.3.4    Europe Minimally Invasive Surgery Market Revenue, By End User, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.3.5    Germany Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.3.6    France Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.3.7    U.K. Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.3.8    Italy Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.3.9    Spain Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.3.10    Rest of Europe Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
    7.4    Asia Pacific
        7.4.1    Asia Pacific Minimally Invasive Surgery Market Revenue, By Country, 2019 – 2030 (US$ Mn)
        7.4.2    Asia Pacific Minimally Invasive Surgery Market Revenue, By Condition, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.4.3    Asia Pacific Minimally Invasive Surgery Market Revenue, By Service Type, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.4.4    Asia Pacific Minimally Invasive Surgery Market Revenue, By End User, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.4.5    China Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.4.6    Japan Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.4.7    India Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.4.8    South Korea Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.4.9    South-East Asia Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.4.10    Rest of Asia Pacific Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
    7.5    Latin America
        7.5.1    Latin America Minimally Invasive Surgery Market Revenue, By Country, 2019 – 2030 (US$ Mn)
        7.5.2    Latin America Minimally Invasive Surgery Market Revenue, By Condition, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.5.3    Latin America Minimally Invasive Surgery Market Revenue, By Service Type, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.5.4    Latin America Minimally Invasive Surgery Market Revenue, By End User, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.5.5    Brazil Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.5.6    Argentina Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.5.7    Rest of Latin America Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
    7.6    The Middle-East and Africa
        7.6.1    The Middle-East and Africa Minimally Invasive Surgery Market Revenue, By Country, 2019 – 2030 (US$ Mn)
        7.6.2    The Middle-East and Africa Minimally Invasive Surgery Market Revenue, By Condition, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.6.3    The Middle-East and Africa Minimally Invasive Surgery Market Revenue, By Service Type, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.6.4    The Middle-East and Africa Minimally Invasive Surgery Market Revenue, By End User, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.6.5    GCC Countries Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.6.6    South Africa Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.6.7    Rest of Middle-East Africa Minimally Invasive Surgery Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)

Chapter 8    Minimally Invasive Surgery Market – Industry Analysis

    8.1    Introduction
    8.2    Market Drivers
        8.2.1    Driving Factor 1 Analysis
        8.2.2    Driving Factor 2 Analysis
    8.3    Market Restraints
        8.3.1    Restraining Factor Analysis
    8.4    Market Opportunities
        8.4.1    Market Opportunity Analysis
    8.5    Porter’s Five Forces Analysis
    8.6    PEST Analysis
    8.7    Regulatory Landscape
    8.8    Technology Landscape
    8.9    Value Chain Analysis

Chapter 9    Competitive Landscape

    9.1    Company Market Share Analysis – 2023
        9.1.1    Global Minimally Invasive Surgery market: Company Market Share, 2023
        9.1.2    Global Minimally Invasive Surgery Market: Company Market Share, 2023
    9.2    Strategic Developments
        9.2.1    Acquisitions & Mergers
        9.2.2    New Product Launch
        9.2.3    Regional Expansion
    9.3    Company Strategic Developments – Heat Map Analysis

Chapter 10    Company Profiles

    10.1    Apollo Hospitals Enterprise Ltd.
        10.1.1    Company Overview
        10.1.2    Key Executives
        10.1.3    Product Portfolio
        10.1.4    Financial Overview
        10.1.5    Operating Business Segments
        10.1.6    Business Segment Performance
        10.1.7    Recent Developments
    10.2    Bedfordshire Hospitals
    10.3    Circle Health Ltd.
    10.4    Manipal Health Enterprises Pvt Ltd.
    10.5        10.2    King Fahd Medical City
    10.6    Mount Elizabeth Hospital
    10.7    Singapore General Hospital Ltd.
    10.8    Stanford Healthcare
    10.9    The General Hospital Corporation
    10.10    The Johns Hopkins Hospital
    
Chapter 11    Research Methodology

    11.1    Research Methodology
    11.2    Phase I – Secondary Research
    11.3    Phase II - Data Modeling
        11.3.1    Company Share Analysis Model
        11.3.2    Revenue Based Modeling
    11.4    Phase III – Primary Research
    11.5    Research Limitations
        11.5.1    Assumptions
No Methodology
No Available