This Minimally Invasive Surgical Instruments market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The minimally invasive surgical instruments market size has grown strongly in recent years. It will grow from $39.39 billion in 2024 to $43.2 billion in 2025 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to aging population, surge in chronic diseases, rising r&d investment in the healthcare sector, improved healthcare infrastructure, rise in medical tourism.
The minimally invasive surgical instruments market size is expected to see rapid growth in the next few years. It will grow to $64.75 billion in 2029 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to increasing surgical volume, growing healthcare expenditure, rising disposable income, demand for shorter hospital stays. Major trends in the forecast period include robotics and ai integration, personalized surgical instruments, sustainable and eco-friendly instruments, cross-disciplinary collaborations.
The growth in the number of surgical procedures is anticipated to drive the expansion of the minimally invasive surgical instruments market. Medical professionals favor minimally invasive surgery over traditional open surgery because it results in less harm and pain to patients. This type of surgery is frequently utilized in procedures such as adrenalectomy, brain surgery, heart surgery, kidney transplants, spine surgery, and plastic and cosmetic surgery. For example, in February 2024, the American Academy of Facial Plastic and Reconstructive Surgery, a US-based non-profit organization, reported that about 83% of all medical procedures conducted in 2023 were minimally invasive, with standard surgical procedures making up the remaining 17%. Furthermore, the American Society of Plastic Surgeons, a US-based specialty organization, noted that the total number of cosmetic minimally invasive procedures rose from 23.7 million in 2022 to 25.4 million in 2023. Thus, the increasing number of surgical procedures is fueling the growth of the minimally invasive surgical instruments market.
The increase in chronic diseases is expected to contribute to the growth of the minimally invasive surgical instruments market in the future. Chronic diseases, which are prolonged medical conditions lasting three months or more, are on the rise. Advanced minimally invasive surgical instruments enable surgeons to perform intricate procedures with smaller incisions, resulting in reduced pain, minimized scarring, shorter hospital stays, and faster recovery, particularly beneficial for patients with chronic diseases. According to a January 2023 report from the National Library of Medicine, the number of individuals aged 50 and older with one or more chronic illnesses is projected to increase by 99.5%, reaching 142.66 million by 2050 in the United States, up from 71.522 million in 2020. Therefore, the surge in chronic diseases is set to drive the growth of the minimally invasive surgical instruments market.
The development of low-cost surgical robotic systems is a notable trend gaining traction in the minimally invasive surgical instrument market. With the increasing demand for minimally invasive surgical instruments, robot-assisted surgery has become popular. New surgical modalities featuring smaller dimensions and lower costs are emerging. In June 2023, CMR Surgical, a UK-based medical device company, launched Versius, a small and modular surgical robot, in Belgium, aiming to expand access to minimally invasive surgery. Versius' adaptability allows it to fit any operating room, making it user-friendly for surgeons and hospitals. Its modularity enables customized port placement, enhancing versatility across various procedures and specialties while maximizing patient access to minimally invasive surgery.
Major companies in the minimally invasive surgical instruments market are introducing innovative products such as surgical visualization platforms to maintain a competitive edge. A surgical visualization platform provides high-quality, real-time images of the surgical site. In September 2022, Olympus Corporation, a Japan-based manufacturer of optics and reprography products, unveiled the VISERA ELITE III, offering diverse observation options for a comprehensive view of the surgical environment. The system integrates multiple observation modes and fluorescence-guided surgery in 4K, enhancing surgical outcomes and facilitating minimally invasive treatments. Anticipated software upgrades are expected to further enhance surgical imaging technology, providing customization for various surgical requirements and reducing overall costs.
In September 2024, Stryker, a US-based medical device company, acquired NICO Corporation for an undisclosed amount. As a worldwide leader in neurosurgical access and removal tools, this strategic enhancement enables Stryker to offer unique, minimally invasive solutions that will yield significant outcomes and improve the quality of life for patients globally. NICO Corporation is a US-based provider of minimally invasive surgery devices.
Major companies operating in the minimally invasive surgical instruments market include Abbott Laboratories Inc., Aesculap Inc., AMNOTEC International Medical GmbH, Applied Medical Resources Corporation, B. Braun Melsungen AG, Becton Dickinson and Company, Boston Scientific Corporation, CONMED Corporation, EndoMed Systems GmbH, FUJIFILM Holdings Corporation, HOYA Corporation, Intuitive Surgical Inc., KARL STORZ SE & Co. KG, KLS Martin Group, Koninklijke Philips N.V, Microline Surgical Corp., NuVasive Inc., Olympus Corporation, Scanlan International Inc., Smith & Nephew plc, Ethicon Inc., GE Healthcare Technologies Ltd., Medtronic Inc., Johnson & Johnson Services Ltd., Stryker Corporation, Cooper Companies Inc., Applied Medical Technology Inc., Richard Wolf GmbH, Zimmer Biomet Holdings Inc., Siemens Healthineers AG.
North America was the largest region in the minimally invasive surgical instruments market in 2024. Asia-Pacific is expected to be the fastest growing region in the minimally invasive surgical instruments market. The regions covered in the minimally invasive surgical instruments market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the minimally invasive surgical instruments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Minimally invasive surgical instruments are employed to conduct surgeries with minimal trauma to patients. This approach involves small incisions and requires only a few stitches. During the procedure, one or more small incisions are made in the body, and a laparoscope - a slender, tube-like device equipped with a light and a lens for visualization - is introduced through one of the openings to guide the surgery. Minimally invasive surgery offers advantages such as reduced discomfort, minimal scarring, less tissue damage, and a quicker recovery time compared to traditional surgery.
The array of minimally invasive surgical instruments comprises handheld instruments, inflation systems, cutter instruments, guiding devices, electrosurgical devices, and auxiliary instruments. These instruments are utilized for two types of procedure outlooks: robotic and non-robotic, across various applications including cardiothoracic surgery, gastrointestinal surgery, orthopedic surgery, gynecological surgery, cosmetic and bariatric surgery, vascular surgery, and urological surgery. End-users of these instruments encompass hospitals, ambulatory surgical clinics, and research institutes.
The minimally invasive surgical instruments market research report is one of a series of new reports that provides minimally invasive surgical instruments market statistics, including minimally invasive surgical instruments industry global market size, regional shares, competitors with a minimally invasive surgical instruments market share, detailed minimally invasive surgical instruments market segments, market trends and opportunities, and any further data you may need to thrive in the minimally invasive surgical instruments industry. This minimally invasive surgical instruments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The minimally invasive surgical instruments consist of sales of retractors/elevators, suturing instruments, dilators, inflation devices (balloons), cutter instruments (trocars), guiding devices (guiding catheters, guidewires), auxiliary instruments, and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The minimally invasive surgical instruments market size has grown strongly in recent years. It will grow from $39.39 billion in 2024 to $43.2 billion in 2025 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to aging population, surge in chronic diseases, rising r&d investment in the healthcare sector, improved healthcare infrastructure, rise in medical tourism.
The minimally invasive surgical instruments market size is expected to see rapid growth in the next few years. It will grow to $64.75 billion in 2029 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to increasing surgical volume, growing healthcare expenditure, rising disposable income, demand for shorter hospital stays. Major trends in the forecast period include robotics and ai integration, personalized surgical instruments, sustainable and eco-friendly instruments, cross-disciplinary collaborations.
The growth in the number of surgical procedures is anticipated to drive the expansion of the minimally invasive surgical instruments market. Medical professionals favor minimally invasive surgery over traditional open surgery because it results in less harm and pain to patients. This type of surgery is frequently utilized in procedures such as adrenalectomy, brain surgery, heart surgery, kidney transplants, spine surgery, and plastic and cosmetic surgery. For example, in February 2024, the American Academy of Facial Plastic and Reconstructive Surgery, a US-based non-profit organization, reported that about 83% of all medical procedures conducted in 2023 were minimally invasive, with standard surgical procedures making up the remaining 17%. Furthermore, the American Society of Plastic Surgeons, a US-based specialty organization, noted that the total number of cosmetic minimally invasive procedures rose from 23.7 million in 2022 to 25.4 million in 2023. Thus, the increasing number of surgical procedures is fueling the growth of the minimally invasive surgical instruments market.
The increase in chronic diseases is expected to contribute to the growth of the minimally invasive surgical instruments market in the future. Chronic diseases, which are prolonged medical conditions lasting three months or more, are on the rise. Advanced minimally invasive surgical instruments enable surgeons to perform intricate procedures with smaller incisions, resulting in reduced pain, minimized scarring, shorter hospital stays, and faster recovery, particularly beneficial for patients with chronic diseases. According to a January 2023 report from the National Library of Medicine, the number of individuals aged 50 and older with one or more chronic illnesses is projected to increase by 99.5%, reaching 142.66 million by 2050 in the United States, up from 71.522 million in 2020. Therefore, the surge in chronic diseases is set to drive the growth of the minimally invasive surgical instruments market.
The development of low-cost surgical robotic systems is a notable trend gaining traction in the minimally invasive surgical instrument market. With the increasing demand for minimally invasive surgical instruments, robot-assisted surgery has become popular. New surgical modalities featuring smaller dimensions and lower costs are emerging. In June 2023, CMR Surgical, a UK-based medical device company, launched Versius, a small and modular surgical robot, in Belgium, aiming to expand access to minimally invasive surgery. Versius' adaptability allows it to fit any operating room, making it user-friendly for surgeons and hospitals. Its modularity enables customized port placement, enhancing versatility across various procedures and specialties while maximizing patient access to minimally invasive surgery.
Major companies in the minimally invasive surgical instruments market are introducing innovative products such as surgical visualization platforms to maintain a competitive edge. A surgical visualization platform provides high-quality, real-time images of the surgical site. In September 2022, Olympus Corporation, a Japan-based manufacturer of optics and reprography products, unveiled the VISERA ELITE III, offering diverse observation options for a comprehensive view of the surgical environment. The system integrates multiple observation modes and fluorescence-guided surgery in 4K, enhancing surgical outcomes and facilitating minimally invasive treatments. Anticipated software upgrades are expected to further enhance surgical imaging technology, providing customization for various surgical requirements and reducing overall costs.
In September 2024, Stryker, a US-based medical device company, acquired NICO Corporation for an undisclosed amount. As a worldwide leader in neurosurgical access and removal tools, this strategic enhancement enables Stryker to offer unique, minimally invasive solutions that will yield significant outcomes and improve the quality of life for patients globally. NICO Corporation is a US-based provider of minimally invasive surgery devices.
Major companies operating in the minimally invasive surgical instruments market include Abbott Laboratories Inc., Aesculap Inc., AMNOTEC International Medical GmbH, Applied Medical Resources Corporation, B. Braun Melsungen AG, Becton Dickinson and Company, Boston Scientific Corporation, CONMED Corporation, EndoMed Systems GmbH, FUJIFILM Holdings Corporation, HOYA Corporation, Intuitive Surgical Inc., KARL STORZ SE & Co. KG, KLS Martin Group, Koninklijke Philips N.V, Microline Surgical Corp., NuVasive Inc., Olympus Corporation, Scanlan International Inc., Smith & Nephew plc, Ethicon Inc., GE Healthcare Technologies Ltd., Medtronic Inc., Johnson & Johnson Services Ltd., Stryker Corporation, Cooper Companies Inc., Applied Medical Technology Inc., Richard Wolf GmbH, Zimmer Biomet Holdings Inc., Siemens Healthineers AG.
North America was the largest region in the minimally invasive surgical instruments market in 2024. Asia-Pacific is expected to be the fastest growing region in the minimally invasive surgical instruments market. The regions covered in the minimally invasive surgical instruments market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the minimally invasive surgical instruments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Minimally invasive surgical instruments are employed to conduct surgeries with minimal trauma to patients. This approach involves small incisions and requires only a few stitches. During the procedure, one or more small incisions are made in the body, and a laparoscope - a slender, tube-like device equipped with a light and a lens for visualization - is introduced through one of the openings to guide the surgery. Minimally invasive surgery offers advantages such as reduced discomfort, minimal scarring, less tissue damage, and a quicker recovery time compared to traditional surgery.
The array of minimally invasive surgical instruments comprises handheld instruments, inflation systems, cutter instruments, guiding devices, electrosurgical devices, and auxiliary instruments. These instruments are utilized for two types of procedure outlooks: robotic and non-robotic, across various applications including cardiothoracic surgery, gastrointestinal surgery, orthopedic surgery, gynecological surgery, cosmetic and bariatric surgery, vascular surgery, and urological surgery. End-users of these instruments encompass hospitals, ambulatory surgical clinics, and research institutes.
The minimally invasive surgical instruments market research report is one of a series of new reports that provides minimally invasive surgical instruments market statistics, including minimally invasive surgical instruments industry global market size, regional shares, competitors with a minimally invasive surgical instruments market share, detailed minimally invasive surgical instruments market segments, market trends and opportunities, and any further data you may need to thrive in the minimally invasive surgical instruments industry. This minimally invasive surgical instruments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The minimally invasive surgical instruments consist of sales of retractors/elevators, suturing instruments, dilators, inflation devices (balloons), cutter instruments (trocars), guiding devices (guiding catheters, guidewires), auxiliary instruments, and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Minimally Invasive Surgical Instruments Market Characteristics3. Minimally Invasive Surgical Instruments Market Trends and Strategies4. Minimally Invasive Surgical Instruments Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Minimally Invasive Surgical Instruments Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Minimally Invasive Surgical Instruments Market34. Recent Developments in the Minimally Invasive Surgical Instruments Market
5. Global Minimally Invasive Surgical Instruments Growth Analysis and Strategic Analysis Framework
6. Minimally Invasive Surgical Instruments Market Segmentation
7. Minimally Invasive Surgical Instruments Market Regional and Country Analysis
8. Asia-Pacific Minimally Invasive Surgical Instruments Market
9. China Minimally Invasive Surgical Instruments Market
10. India Minimally Invasive Surgical Instruments Market
11. Japan Minimally Invasive Surgical Instruments Market
12. Australia Minimally Invasive Surgical Instruments Market
13. Indonesia Minimally Invasive Surgical Instruments Market
14. South Korea Minimally Invasive Surgical Instruments Market
15. Western Europe Minimally Invasive Surgical Instruments Market
16. UK Minimally Invasive Surgical Instruments Market
17. Germany Minimally Invasive Surgical Instruments Market
18. France Minimally Invasive Surgical Instruments Market
19. Italy Minimally Invasive Surgical Instruments Market
20. Spain Minimally Invasive Surgical Instruments Market
21. Eastern Europe Minimally Invasive Surgical Instruments Market
22. Russia Minimally Invasive Surgical Instruments Market
23. North America Minimally Invasive Surgical Instruments Market
24. USA Minimally Invasive Surgical Instruments Market
25. Canada Minimally Invasive Surgical Instruments Market
26. South America Minimally Invasive Surgical Instruments Market
27. Brazil Minimally Invasive Surgical Instruments Market
28. Middle East Minimally Invasive Surgical Instruments Market
29. Africa Minimally Invasive Surgical Instruments Market
30. Minimally Invasive Surgical Instruments Market Competitive Landscape and Company Profiles
31. Minimally Invasive Surgical Instruments Market Other Major and Innovative Companies
35. Minimally Invasive Surgical Instruments Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Minimally Invasive Surgical Instruments Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on minimally invasive surgical instruments market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for minimally invasive surgical instruments? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The minimally invasive surgical instruments market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) Covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: Handheld Instruments; Inflation Systems; Cutter Instruments; Guiding Devices; Electrosurgical Devices; Auxiliary Instruments2) Type of Procedure Outlook: Robotic; Non- Robotic
3) By Application: Cardiothoracic Surgery; Gastrointestinal Surgery; Orthopedic Surgery; Gynecological Surgery; Cosmetic & Bariatric Surgery; Vascular Surgery; Urological Surgery
4) By End User: Hospitals; Ambulatory Surgical Clinics; Research Institutes
Subsegments:
1) By Handheld Instruments: Scissors; Graspers; Forceps; Needle Holders; Trocars2) By Inflation Systems: Insufflators; Inflation Pumps
3) By Cutter Instruments: Blades; Biopsy Punches; Snares
4) By Guiding Devices: Guidewires; Catheters; Trocar Systems
5) By Electrosurgical Devices: Electrosurgical Generators; Electrosurgical Pencils; Argon Plasma Coagulation Devices
6) By Auxiliary Instruments: Suction Devices; Energy Devices; Laparoscopic Accessories
Key Companies Mentioned: Abbott Laboratories Inc.; Aesculap Inc.; AMNOTEC International Medical GmbH; Applied Medical Resources Corporation; B. Braun Melsungen AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Minimally Invasive Surgical Instruments market report include:- Abbott Laboratories Inc.
- Aesculap Inc.
- AMNOTEC International Medical GmbH
- Applied Medical Resources Corporation
- B. Braun Melsungen AG
- Becton Dickinson and Company
- Boston Scientific Corporation
- CONMED Corporation
- EndoMed Systems GmbH
- FUJIFILM Holdings Corporation
- HOYA Corporation
- Intuitive Surgical Inc.
- KARL STORZ SE & Co. KG
- KLS Martin Group
- Koninklijke Philips N.V
- Microline Surgical Corp.
- NuVasive Inc.
- Olympus Corporation
- Scanlan International Inc.
- Smith & Nephew plc
- Ethicon Inc.
- GE Healthcare Technologies Ltd.
- Medtronic Inc.
- Johnson & Johnson Services Ltd.
- Stryker Corporation
- Cooper Companies Inc.
- Applied Medical Technology Inc.
- Richard Wolf GmbH
- Zimmer Biomet Holdings Inc.
- Siemens Healthineers AG
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 43.2 Billion |
Forecasted Market Value ( USD | $ 64.75 Billion |
Compound Annual Growth Rate | 10.6% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |