Key Players are Medtronic plc (U.S.), Smith & Nephew plc (U.K.), Aesculap, Inc. (Germany), Ethicon, Inc. (U.S.) and Stryker Corporation (U.S.)
(PRWEB) March 02, 2015
The minimally invasive surgical instruments market is expected to grow at a CAGR of 6.1% to reach $14,133.0 million by 2019 from $10,526.2 million in 2014.
Factors such as advantages of minimally invasive surgeries over traditional open surgeries, reduced healthcare costs owing to minimally invasive surgeries and increasing number of surgical procedures among the geriatric population are driving the global minimally invasive surgical instruments market.
For More Details @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=682
On the basis of applications, the market is segregated into cardiothoracic surgery, vascular surgery, cosmetic/bariatric surgery, gastrointestinal surgery, gynecological surgery, urological surgery, orthopedic surgery and others.
On the basis of products, the market is segmented into handheld instruments, cutter instruments, inflation systems, guiding devices and auxiliary instruments.
Geographically the market is dominated by North America followed by Europe. However, the Asia-Pacific region is expected to be the fastest growing region in minimally invasive surgical instruments market during the forecast period.
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252