Minimally Invasive Surgery Devices Market in China by Product and Type - Forecast and Analysis 2022-2026

Published: Jan 2022 Pages: 120 SKU: IRTNTR72196

The minimally invasive surgery devices market share in China is expected to increase by USD 210.36 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.75%.

This minimally invasive surgery devices market in China research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the minimally invasive surgery devices market in China segmentation by product (handheld instruments, inflation devices, and surgical scopes) and type (endoscopic surgery and robotic surgery). The minimally invasive surgery devices market in China report also offers information on several market vendors, including Abbott Laboratories, B. Braun Melsungen AG, Boston Scientific Corp., Conmed Corp., Integer Holdings Corp., Johnson and Johnson Inc., Koninklijke Philips NV, Medtronic Plc, Olympus Corp., and Stryker Corp. among others.

What will the Minimally Invasive Surgery Devices Market Size in China be During the Forecast Period?

Download the Free Report Sample to Unlock the Minimally Invasive Surgery Devices Market Size in China for the Forecast Period and Other Important Statistics

 

Minimally Invasive Surgery Devices Market in China: Key Drivers, Trends, and Challenges

The increasing prevalence of lifestyle-related and chronic disorders is notably driving the minimally invasive surgery devices market growth in China, although factors such as shortage of experienced professionals may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the minimally invasive surgery devices industry in China. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Minimally Invasive Surgery Devices Market Driver in China

The increasing prevalence of lifestyle-related and chronic disorders is one of the key drivers supporting the minimally invasive surgery devices market growth in China. Failing timely treatment, chronic kidney disease can lead to kidney failure. Gastrointestinal (GI) symptoms are very common among patients with kidney diseases. Healthcare professionals perform endoscopic surgical procedures depending on the complexity of chronic diseases. Surgeons mainly perform endoscopy and laparoscopic surgeries to provide effective surgical precision. Endoscopic closure devices are mainly used for closing perforations and chronic fistulas created during surgical procedures. The adoption of endoscopic procedures is expected to drive the growth of the market in China during the forecast period.

Key Minimally Invasive Surgery Devices Market Trend in China

The paradigm shift toward the adoption of robotics in endoscopic surgeries is another factor supporting the minimally invasive surgery devices market growth in China. Robotic systems allow healthcare professionals with a detailed and controlled vision to perform endoscopic surgeries with greater safety and efficiency. Performing advanced endoscopic procedures such as endoscopic submucosal dissection (ESD) and natural orifice transluminal endoscopic surgery requires specialized training. Moreover, these advanced procedures are not performed in nonspecialized centers. Thus, the lack of skilled professionals is the major factor limiting the adoption of endoscopic procedures by healthcare professionals. However, the rest of the drivers will support the market growth during the forecast period.

 
Key Minimally Invasive Surgery Devices Market Challenge in China

The shortage of experienced professionals is hindering the minimally invasive surgery devices market growth in China. . The procedure requires a thorough understanding of the device as well as anatomical structures to navigate through the anatomy to identify the target site and perform surgeries. It requires proper training to operate and understand the functioning of such devices. The hospital staff should be able to use minimally invasive surgery devices and understand the additional preprocessing steps required to prevent cross-contamination and potentially expose patients to infection. They need to be certified to use such devices and perform advanced surgeries. This makes the use of endoscopes less practical for many hospitals, thus inhibiting market growth. 

This minimally invasive surgery devices market in China analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the minimally invasive surgery devices market in China as a part of the global healthcare equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the minimally invasive surgery in China devices market during the forecast period.

Who are the Major Minimally Invasive Surgery Devices Market Vendors in China?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Abbott Laboratories
  • B. Braun Melsungen AG
  • Boston Scientific Corp.
  • Conmed Corp.
  • Integer Holdings Corp.
  • Johnson and Johnson Inc.
  • Koninklijke Philips NV
  • Medtronic Plc
  • Olympus Corp.
  • Stryker Corp.

 

This statistical study of the minimally invasive surgery devices market in China encompasses successful business strategies deployed by the key vendors. The minimally invasive surgery devices market in China is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Abbott Laboratories - The company offers minimally invasive surgery devices such as TriClip System.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The minimally invasive surgery devices market in China forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Minimally Invasive Surgery Devices Market in China Value Chain Analysis

Our report provides extensive information on the value chain analysis for the minimally invasive surgery devices market in China, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the healthcare equipment market includes the following core components:

  • Research and development
  • Inputs
  • Operations
  • Distribution
  • Marketing and sales
  • Post-sales and services
  • Industry innovations

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

What are the Revenue-generating Product Segments in the Minimally Invasive Surgery Devices Market in China?

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The minimally invasive surgery devices market share growth in China by the handheld instruments segment will be significant during the forecast period. Handheld instruments include graspers, retractors or elevators, suturing instruments, and others. Graspers allow the surgeon to grab and maneuver tissue with high precision without completely cutting opening the abdomen. These instruments usually have sharp edges, enabling the surgeons to cut and dissect tissue to explore irregular growths and remove dangerous or damaged tissue. Such applications are expected to drive market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the minimally invasive surgery devices market size in China and actionable market insights on post COVID-19 impact on each segment.

 

Minimally Invasive Surgery Devices Market Scope in China

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.75%

Market growth 2022-2026

$ 210.36 million

Market structure

Fragmented

YoY growth (%)

5.71

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Abbott Laboratories, B. Braun Melsungen AG, Boston Scientific Corp., Conmed Corp., Integer Holdings Corp., Johnson and Johnson Inc., Koninklijke Philips NV, Medtronic Plc, Olympus Corp., and Stryker Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Minimally Invasive Surgery Devices Market in China Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive minimally invasive surgery devices market growth in China during the next five years
  • Precise estimation of the minimally invasive surgery devices market size in China and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the minimally invasive surgery devices industry in China 
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of minimally invasive surgery devices market vendors in China

We can help! Our analysts can customize this report to meet your requirements. Get in touch

***1. Executive Summary                           

                **1.1 Market Overview

                                *Exhibit 01:  Key Finding 1

                                *Exhibit 02:  Key Finding 2

                                *Exhibit 03:  Key Finding 3

                                *Exhibit 04:  Key Finding 5

                                *Exhibit 05:  Key Finding 6

***2. Market Landscape                             

                **2.1 Market ecosystem             

                                *Exhibit 06:  Parent market

                                *Exhibit 07:  Market characteristics

                **2.2 Value chain analysis           

                                *Exhibit 08: Value chain analysis:Pharmaceuticals

                                *2.2.1 Research and development

                                *2.2.2 Inputs

                                *2.2.3 Operations

                                *2.2.4 Distribution

                                *2.2.5 Marketing and sales

                                *2.2.6 Post-sales and services

                                *2.2.7 Industry innovations

***3. Market Sizing                       

                **3.1 Market segment analysis 

                                *Exhibit 09:  Market segments

                **3.2 Market size 2021 

                **3.3 Market definition

                                *Exhibit 10:  Offerings of vendors included in the market definition

                **3.4 Market outlook: Forecast for 2021 - 2026 

                                *3.4.1 Estimating growth rates for emerging and high-growth markets

                                *3.4.2 Estimating growth rates for mature markets

                                *Exhibit 11:  China - Market size and forecast 2021 - 2026 ($ million)

                                *Exhibit 12:  China market: Year-over-year growth 2021 - 2026 (%)

***4. Five Forces Analysis                          

                **4.1 Five Forces Summary        

                                *Exhibit 13:  Five forces analysis 2021 & 2026

                **4.2 Bargaining power of buyers           

                                *Exhibit 14: Bargaining power of buyers

                **4.3 Bargaining power of suppliers       

                                *Exhibit 15: Bargaining power of suppliers

                **4.4 Threat of new entrants    

                                *Exhibit 16: Threat of new entrants

                **4.5 Threat of substitutes         

                                *Exhibit 17: Threat of substitutes

                **4.6 Threat of rivalry   

                                *Exhibit 18: Threat of rivalry

                **4.7 Market condition

                                *Exhibit 19:  Market condition - Five forces 2021

***5. Market Segmentation by Product               

                **5.1 Market segments

                                *Exhibit 20:  Product - Market share 2021-2026 (%)

                **5.2 Comparison by Product    

                                *Exhibit 21:  Comparison by Product

                **5.3 Handheld instruments - Market size and forecast 2021-2026            

                                *Exhibit 22:  Handheld instruments - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 23:  Handheld instruments - Year-over-year growth 2021-2026 (%)

                **5.4 Inflation devices - Market size and forecast 2021-2026        

                                *Exhibit 24:  Inflation devices - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 25:  Inflation devices - Year-over-year growth 2021-2026 (%)

                **5.5 Surgical scopes - Market size and forecast 2021-2026           

                                *Exhibit 26:  Surgical scopes - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 27:  Surgical scopes - Year-over-year growth 2021-2026 (%)

                **5.6 Market opportunity by Product    

                                *Exhibit 28:  Market opportunity by Product

***6. Market Segmentation by Type                     

                **6.1 Market segments

                                *Exhibit 29:  Type - Market share 2021-2026 (%)

                **6.2 Comparison by Type          

                                *Exhibit 30:  Comparison by Type

                **6.3 Endoscopic surgery - Market size and forecast 2021-2026  

                                *Exhibit 31:  Endoscopic surgery - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 32:  Endoscopic surgery - Year-over-year growth 2021-2026 (%)

                **6.4 Robotic surgery - Market size and forecast 2021-2026         

                                *Exhibit 33:  Robotic surgery - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 34:  Robotic surgery - Year-over-year growth 2021-2026 (%)

                **6.5 Market opportunity by Type          

                                *Exhibit 35:  Market opportunity by Type

***7. Customer landscape                         

                **7.1 Overview

                                *Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                                *Exhibit 36: ?Customer landscape?

***8. Drivers, Challenges, and Trends                   

                **8.1 Market drivers     

                                *8.1.1 Increasing prevalence of lifestyle-related and chronic disorders

                                *8.1.2 Increasing number of surgical procedures worldwide

                                *8.1.3 Technological advancements

                **8.2 Market challenges              

                                *8.2.1 Shortage of experienced professionals

                                *8.2.2 Threat from alternative procedures

                                *8.2.3 Uncertain regulatory framework

                                *Exhibit 37:  Impact of drivers and challenges

                **8.3 Market trends      

                                *8.3.1 Paradigm shift toward adoption of robotics in endoscopic surgeries

                                *8.3.2 New product launches based on emerging technologies, collaboration, mergers, and acquisitions

                                *8.3.3 Increasing geriatric population in China

***9. Vendor Landscape                             

                **9.1 Overview

                                *Exhibit 38: Vendor landscape

                                *The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025. 

                **9.2 Landscape disruption        

                                *Exhibit 39: ?Landscape disruption?

                                *Exhibit 40: Industry risks

***10. Vendor Analysis                

                **10.1 Vendors covered              

                                *Exhibit 41: Vendors covered

                **10.2 Market positioning of vendors    

                                *Exhibit 42: ?Market positioning of vendors?

                **10.3 Abbott Laboratories        

                                *Exhibit 43:  Abbott Laboratories  - Overview

                                *Exhibit 44:  Abbott Laboratories  - Business segments

                                *Exhibit 45:  Abbott Laboratories  - Key News

                                *Exhibit 46:  Abbott Laboratories  - Key offerings

                                *Exhibit 47:  Abbott Laboratories  - Segment focus

                                *10.4 B. Braun Melsungen AG

                              *Exhibit 48:  B. Braun Melsungen AG - Overview

                              *Exhibit 49:  B. Braun Melsungen AG - Business segments             

                              *Exhibit 50:  B. Braun Melsungen AG - Key News

                              *Exhibit 51:  B. Braun Melsungen AG - Key offerings        

                              *Exhibit 52:  B. Braun Melsungen AG - Segment focus     

                **10.5 Boston Scientific Corp.   

                                *Exhibit 53:  Boston Scientific Corp. - Overview

                                *Exhibit 54:  Boston Scientific Corp. - Business segments

                                *Exhibit 55:  Boston Scientific Corp. - Key News

                                *Exhibit 56:  Boston Scientific Corp. - Key offerings

                                *Exhibit 57:  Boston Scientific Corp. - Segment focus

                **10.6 Conmed Corp.   

                                *Exhibit 58:  Conmed Corp. - Overview

                                *Exhibit 59:  Conmed Corp. - Business segments

                                *Exhibit 60:  Conmed Corp. - Key offerings

                                *Exhibit 61:  Conmed Corp. - Segment focus

                **10.7 Integer Holdings Corp.   

                                *Exhibit 62:  Integer Holdings Corp. - Overview

                                *Exhibit 63:  Integer Holdings Corp. - Business segments

                                *Exhibit 64:  Integer Holdings Corp. - Key News

                                *Exhibit 65:  Integer Holdings Corp. - Key offerings

                                *Exhibit 66:  Integer Holdings Corp. - Segment focus

                **10.8 Johnson and Johnson Inc.              

                                *Exhibit 67:  Johnson and Johnson Inc.  - Overview

                                *Exhibit 68:  Johnson and Johnson Inc.  - Business segments

                                *Exhibit 69:  Johnson and Johnson Inc.  - Key News

                                *Exhibit 70:  Johnson and Johnson Inc.  - Key offerings

                                *Exhibit 71:  Johnson and Johnson Inc.  - Segment focus

                **10.9 Koninklijke Philips NV     

                                *Exhibit 72:  Koninklijke Philips NV - Overview

                                *Exhibit 73:  Koninklijke Philips NV - Business segments

                                *Exhibit 74:  Koninklijke Philips NV - Key News

                                *Exhibit 75:  Koninklijke Philips NV - Key offerings

                                *Exhibit 76:  Koninklijke Philips NV - Segment focus

                **10.10 Medtronic Plc  

                                *Exhibit 77:  Medtronic Plc - Overview

                                *Exhibit 78:  Medtronic Plc - Business segments

                                *Exhibit 79:  Medtronic Plc - Key News

                                *Exhibit 80:  Medtronic Plc - Key offerings

                                *Exhibit 81:  Medtronic Plc - Segment focus

                **10.11 Olympus Corp.

                                *Exhibit 82:  Olympus Corp. - Overview

                                *Exhibit 83:  Olympus Corp. - Business segments

                                *Exhibit 84:  Olympus Corp. - Key News

                                *Exhibit 85:  Olympus Corp. - Key offerings

                                *Exhibit 86:  Olympus Corp. - Segment focus

                **10.12 Stryker Corp.   

                                *Exhibit 87:  Stryker Corp. - Overview

                                *Exhibit 88:  Stryker Corp. - Business segments

                                *Exhibit 89:  Stryker Corp. - Key News

                                *Exhibit 90:  Stryker Corp. - Key offerings

                                *Exhibit 91:  Stryker Corp. - Segment focus

***11. Appendix                            

                **11.1 Scope of the report         

                                *11.1.1 ????Market definition

                                *11.1.2 ????Objectives

                                *11.1.3 Notes and Caveats

                **11.2 Currency conversion rates for US$            

                                *Exhibit 92: ?Currency conversion rates for US$?

                **11.3 Research Methodology 

                                *Exhibit 93: ?Research Methodology

                                *Exhibit 94: ??Validation techniques employed for market sizing?

                                *Exhibit 95: ??Information sources

                **11.4 List of abbreviations        

                                *Exhibit 96: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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