European Minimally Invasive Surgical Instruments Market: Market Analysis by Knowledge Sourcing Intelligence
European Minimally Invasive Surgical Instruments market is anticipated to grow at a CAGR of 7.40% during the forecast period to reach a market size of US$7.739 billion by 2023, increasing from US$ 5.042 billion in 2017. Higher adoption of minimally invasive surgeries over traditional surgeries due to shorter or nil hospital stays, reduced post-operative pain, low incidences of post-operative complications and aesthetic reasons is driving the market growth. Rising adoption of the minimally invasive procedure is, thus a major driver of minimal invasive surgical instruments market in the region. However, due to shortage of skilled professionals, even the patients who are willing to opt for a minimally invasive procedure have to reluctantly undergo conventional procedures, hampering the growth of the market.
European Minimally Invasive Surgical Instruments market by Geography:
By country, the European minimally invasive surgical instruments market is segmented as Germany, France, Italy, Spain, United Kingdom, Others. Germany will hold a significant share in the market owing to the developed healthcare system in the region and the demand for instruments for these surgeries will further increase with the increasing awareness regarding minimally invasive surgeries. France, Spain and Italy will see many exciting growth opportunities owing to the increasing healthcare expenditure and rising awareness in these countries.The market research provides a detailed analysis of european minimally invasive surgical instruments market on the basis of various segment like- By Product, By Geography etc.
 |
| Sample View of European Minimally Invasive Surgical Instruments Market |
European Minimally Invasive Surgical Instruments market by Product:
By product, the European minimally invasive surgical instruments market is segment as surgical sutures and staples, handheld instruments, electrosurgical devices and others. Electrosurgical devices and handheld devices hold a significant share in the market owing to the growing trend of minimal invasive surgery in the region. Advancement in technology and population acceptance are the major reasons that is driving the minimally invasive surgical instruments market growth. For an instance, in April 2016, a surgeon performed an operation using virtual reality camera at the Royal London hospital.
For Healthcare Industry coverage:
Thus, increasing incorporation of technologies during surgeries will further bolster the market growth. The demand for these instruments is expected to grow at a good rate owing to the upcoming clinical procedures in minimally invasive technologies such as colon procedures, gastric bypass surgeries, and sterilization.
Comments
Post a Comment