Minimally Invasive Surgery (MIS) Market Size And Forecast
The Global Minimally Invasive Surgery (MIS) Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Minimally Invasive Surgery (MIS) Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.
Minimally Invasive Surgery (MIS) Market was valued at USD 1.14 Billion in 2019 and is projected to reach USD 2.27 Billion by 2027, growing at a CAGR of 9.0 % from 2020 to 2027.
What is Minimally Invasive Surgery (MIS)?
Minimally invasive surgery is a surgical technique in which minimal incisions are done to reduce trauma to the body with the help of thin needles and an endoscope to visually guide the surgery. With MIS, the surgeon makes a few small holes where the surgical operations are to be performed; these holes are usually less than ½ an inch. The surgeon then inserts the specialized thin instruments and sophisticated video equipment to perform the operations through the smaller openings. Minimally invasive surgery offers patients several benefits such as smaller incisions which reduces trauma, faster recovery times, reduce pain, and fewer scars. In many cases, minimally invasive surgery also offers a better accuracy rate compared to traditional open surgery.
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Global Minimally Invasive Surgery (MIS) Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Minimally invasive surgery is reported to be beneficial over the traditional open surgeries; this is helping the market to grow. Additionally, a rise in the prevalence of chronic diseases, technological advancements, and an increase in patient awareness and health care expenditure is also a key benefit to the market.
Furthermore, the MIS market witnessed strong growth owing to progressively increase in demand for precise and technological advanced surgery. However, uncertainty in the regulatory framework in the medical industry and limited reimbursement for surgical products are the factors that limit the rise in the market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Minimally Invasive Surgery (MIS) Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Minimally Invasive Surgery (MIS) Market Competitive Landscape
The “Global Minimally Invasive Surgery (MIS) Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as University of Pittsburgh Medical Center, Rutland Medical Center, Huntington Hospital, Washington Hospital Healthcare System, The Ottawa Hospital, Michael’s Hospital, Charité – Universitätsmedizin Berlin, Ipswich Hospital, Apollo Hospitals Enterprise Limited, HealthCare Global Enterprises Ltd., and Others. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Minimally Invasive Surgery (MIS) Market, By Procedure
• Laparoscopic Surgery
• Robotic Surgery
• Endoscopic Mucosal Resection
• Endoscopic Sub-mucosal Dissection
Minimally Invasive Surgery (MIS) Market, By Indication
• Gastric Cancer
• Barrett’s Esophagus
• Colorectal Cancer
• Esophageal Cancer
Minimally Invasive Surgery (MIS) Market Geographic Scope
• North America
o Rest of Europe
• Asia Pacific
o Rest of Asia Pacific
• Rest of the World
o Middle East & Africa
o Latin America
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