Minimally Invasive Surgical Instrument Market - Global Forecast to 2019 - New Report by MarketsandMarkets

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New product launches are the most preferred strategy adopted by key players in this minimally invasive surgical instruments market.



Key Players are Medtronic plc (U.S.), Smith & Nephew plc (U.K.), Aesculap, Inc. (Germany), Ethicon, Inc. (U.S.) and Stryker Corporation (U.S.)

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.

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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.

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