The global minimally invasive surgical systems market is a diverse market comprising of two broad segments: surgical robotics and conventional minimally invasive surgical systems which include laparoscopy and endoscopy. The surgical robotics market comprises surgical robots that can perform minimally invasive surgeries with high accuracy and sensitivity through tiny incisions. One of the very first robotic surgical systems (Da Vinci Surgical System) was approved by the FDA in the year 2000 for performing general laparoscopic surgeries. This technique received a widespread acceptance within the medical community and was adopted by hospitals in the U.S. as well as Europe for the treatment of a wide range of medical conditions. A surgical robotic system typically comprises a camera arm and mechanical arms with miniaturized surgical instruments attached to them. The surgeon remotely controls the arms with the help of a computing console which provides the surgeon with high definition, magnified, 3-dimensional view of the entire surgical suite. Some of the major benefits, offered by robotic-assisted surgery, include: fewer post-operative complications such as surgical site infections, less pain and blood loss during the operation, quick recovery, and less scars.
Conventional minimally invasive surgical systems form another dimension of the minimally invasive surgery (MIS) market which includes techniques such as laparoscopy and endoscopy. Laparoscopy is a minimally invasive surgical procedure which is used to examine the internal organs inside the abdomen. It utilizes a long, thin tube (laparoscope) in conjunction with a high-intensity light source and a high-resolution camera at the front and is inserted through small incisions in the abdominal wall. After the insertion, the camera fitted at the front takes high-quality images and sends them to a video monitor and provides the surgeon with enhanced visualization of the internal organs.
Another technique called endoscopy is also a significant part of the conventional minimally invasive surgical market. It utilizes specialized instruments (endoscope) to visualize and operate on the internal organs (especially in the gastrointestinal track) as well as on the vessels of the body. An endoscope is typically a flexible, thin-shaped tube with an attached camera that provides the surgeon with enhanced visualization. In this technique, the surgeon inserts an endoscope through a small incision or opening in the body such as mouth. Endoscopic procedures are often named on the portion of the inspected digestive track such as upper GI endoscopy (examination of the esophagus, stomach, and the upper small bowel called duodenum), Colonoscopy (inspection of the abnormalities in the mucous lining of the intestine or bleeding in the colon), and Enteroscopy (examination of the small bowel), among others.
The market report is well designed to provide an all-inclusive field of vision about the global minimally invasive surgical systems market in terms of various factors, such as recent trends, technological advancements, competitive landscape, and regulatory environment of the market. The scope of this report is centred upon conducting a detailed study of the solutions allied with the global minimally invasive surgical systems market. The market has been segmented into ’Products’, ’Components’, ’Application’, ’End Users’, and ’Region’. The report presents the reader with an opportunity to unlock comprehensive insights with respect to the market and helps in forming well-informed strategic decisions. The research uncovers some of the substantial parameters that must be taken into consideration before entering the market.
This research report aims at answering various aspects of the global minimally invasive surgical systems market with the help of the key factors driving the market, threats that can possibly inhibit the overall growth of the market, and the current investment opportunities that are going to shape the future trajectory of the market expansion. The study considers the Growth-Share Matrix Model for a comprehensive study of the global minimally invasive surgical systems market and assesses the factors governing the same.
The answers to the following key questions can be derived from this report:
- What are the major market drivers, challenges, and opportunities in the global minimally invasive surgical systems market?
- What was the market value of the leading segments and sub-segments of the global minimally invasive surgical systems market in 2017?
- How will each segment of the global minimally invasive surgical systems market grow during the forecast period, and what will be the revenue generated by each of the segments by the end of 2025?
- What are the influencing factors that may affect the market share of the leading players?
- How will the industry evolve during the forecast period 2018- 2025?
- What are the key developments and strategies that are implemented by the key players to sustain in this market?
- What are the key application areas of the global minimally invasive surgical systems market? How are minimally invasive surgical systems employed in different areas of application?
- Who are the key players in the global minimally invasive surgical systems market, and what are their contributions?
- What is the scope of expansion by the key players of the global minimally invasive surgical systems market in Asia, Latin America, and Middle East?
The competitive scenario in the global minimally invasive surgical systems market can be visualized as two different sub-groups- manufacturers of surgical robotic systems (such as Intuitive Surgical Inc., Mazor Robotics Ltd., Medrobotics Corporation, Auris Surgical Robotics, TransEnterix Inc., and Renishaw plc., among others) and manufacturers of laparoscopic and endoscopic instruments and equipment (Olympus Corporation, Hoya Corporation, Conmed Corporation, Ethicon Endo-Surgery, Inc., Encision, Inc., Stryker Corporation and Karl Storz, among others).