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Minimally Invasive Surgical Instruments Market Analysis APAC, Europe, North America, South America & MEA - U.S., Canada, Germany, UK, France, Italy, Spain, China, Japan, India, Australia - Size and Forecast 2025-2029

Minimally Invasive Surgical Instruments Market Analysis APAC, Europe, North America, South America & MEA - U.S., Canada, Germany, UK, France, Italy, Spain, China, Japan, India, Australia - Size and Forecast 2025-2029

Published: Feb 2025 195 Pages SKU: IRTNTU10026

Market Overview at a Glance

$15.1 B
Market Opportunity
9.5%
CAGR
9.5
YoY growth 2024-2025(%)

Minimally Invasive Surgical Instruments Market Size 2025-2029

The minimally invasive surgical instruments market is forecasted to grow significantly, reaching approximately USD 49.6 billion by 2029, exhibiting a CAGR of 9.5% during the forecast period. This growth reflects increasing demand for less invasive surgical options and technological advancements.
The global minimally invasive surgical instruments market is primarily driven by the benefits of MIS procedures, including reduced patient trauma, lower infection risks, and quicker recovery times, leading to reduced healthcare expenditures. The increasing acceptance of surgical robots and their integration into minimally invasive surgeries further fuels market expansion. Growing product approvals and new product launches by key market players also create robust opportunities for market growth. As the geriatric population increases and chronic diseases become more prevalent, the demand for minimally invasive surgeries is expected to rise significantly. The market is witnessing continuous innovation, particularly in cardiac, orthopedic, ophthalmic, neurological, and oral surgical procedures, enhancing surgical precision and patient safety. The introduction of novel MIS products is enabling complex procedures previously deemed unsuitable for minimally invasive techniques.

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How is this market segmented?

Minimally Invasive Surgical Instruments Market Size

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in USD bn for the period 2025-2030, as well as historical data from 2019-2024 for the following segments:

  • Device
    • Handheld Instruments
    • Monitoring & Visualization Devices
  • Application
    • Orthopedic
    • Gastrointestinal
  • End-use
    • Hospitals & Clinics
    • Ambulatory Surgical Centers
  • APAC
    • China
    • India
    • Japan
    • Australia
    • Rest of APAC
    Europe
    • Germany
    • Spain
    • Italy
    • UK
    • Rest of Europe
    North America
    • US
    • Canada
    South America & MEA
    • Brazil
    • UAE
    • South Africa
    • Others
  • Device
    • Handheld Instruments: The handheld instruments segment is expected to maintain a significant market share due to their essential role in surgical procedures and continuous innovation.
    • Monitoring & Visualization Devices: The monitoring & visualization devices segment is anticipated to experience robust growth, driven by technological advancements in imaging and real-time surgical guidance.
  • End-use
    • Hospitals & Clinics: The hospitals & clinics segment is projected to retaIn the largest market share, due to the high volume of surgical procedures performed In these settings and the availability of advanced medical facilities.
    • Ambulatory Surgical Centers: The ambulatory surgical centers segment is expected to witness the fastest growth rate, driven by the increasing preference for outpatient surgical procedures and favorable reimbursement policies.
  • Application
    • Orthopedic: The orthopedic segment is expected to remain a major application area, driven by the rising prevalence of orthopedic disorders and the increasing adoption of minimally invasive techniques for joint replacement and other procedures.
    • Gastrointestinal: The gastrointestinal segment is anticipated to grow substantially, fueled by the increasing incidence of gastrointestinal cancers and the demand for less invasive diagnostic and therapeutic interventions.

Regional Analysis

  • APAC: The Asia Pacific region is expected to exhibit the highest CAGR due to improving healthcare infrastructure, increasing government initiatives, and economic development in countries like India and China. The presence of a large population pool with low per capita income drives demand for affordable treatment options.
  • Europe: Europe is a major market for minimally invasive surgical instruments, driven by well-established healthcare infrastructure and favorable reimbursement policies. Germany and the UK are key contributors to regional growth, with high adoption rates of advanced surgical technologies.
  • North America: North America dominates the market due to the presence of well-established healthcare infrastructure, favorable government reimbursement policies, and high prevalence of chronic diseases. The U.S. and Canada lead the region in terms of market size and technological advancements.
  • South America & MEA: The South America and MEA regions offer significant growth opportunities, driven by increasing investments in healthcare infrastructure and rising demand for advanced surgical procedures. Brazil and the UAE are emerging as key markets In these regions, with growing adoption of minimally invasive surgical techniques.

Market Dynamics

Our minimally invasive surgical instruments market researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in adoption of minimally invasive surgical instruments market?

Benefits of MIS procedures, including reduced patient trauma and quicker recovery times, drive market growth.  Minimally invasive surgical (MIS) procedures offer several advantages over traditional open surgery, including minimized patient trauma & discomfort, lower risk of infection, and quicker procedure & recuperation periods, which usually result in reduced healthcare expenditures. The necessity to undertake highly skilled activities utilizing specialized tools with limited visibility along with ranges of motion, on the other hand, introduced higher levels of experience for the surgical team. 

What are the market trends shaping the minimally invasive surgical instruments market?

Technological advancements in MIS instruments, such as surgical robots, enhance surgical precision and patient safety. The market is constantly transforming based on innovative advancements, especially In the fields of cardiac, orthopedic, ophthalmic, neurological, and oral surgical procedures. Improved product designs offer accuracy and level of control In the operating room. The introduction of novel MIS products is anticipated to boost market growth, allowing complex procedures to be performed which were earlier considered unsuitable for minimally invasive techniques. 

What challenges does the minimally invasive surgical instruments market face?

The need for highly skilled surgical teams and the high cost of advanced equipment pose challenges to market growth. The high cost of MIS equipment, including endoscopic cameras, visualization scanners, nonmagnetic monitoring, specialized devices & catheters, contrast injectors, and pricey robotic systems, poses a significant challenge for healthcare providers, especially in developing countries. This factor can limit the adoption of MIS techniques and restrict market growth.

Key Companies & Market Insights

Leading companies are implementing strategies such as product innovations, acquisitions, and geographic expansions to enhance their market position. Key players In the minimally invasive surgical instruments marketinclude:

  • Medtronic
  • Siemens Healthineer AG
  • Ethicon, Inc. (Johnson & Johnson)
  • Depuy Synthes
  • GE Healthcare
  • Abbott Laboratories
  • Intutive Surgical, Inc.
  • Nuvasive, Inc.
  • Zimmer Biomet

These companies are strategically focused on product development, market expansion, and partnerships to maintaIn their competitive edge In the growing minimally invasive surgical instruments market.

Market Scope

Report Coverage

Details

Base year 2024
Page number 195
Key countries U.S., Canada, Germany, UK, France, Italy, Spain, China, Japan, India, Australia
Forecast period 2025-2029
Historic period 2019-2023
Report coverage Market size, forecasts, segmentation
Regional Analysis APAC
  • China
  • India
  • Japan
  • Australia
  • Rest of APAC
Europe
  • Germany
  • Spain
  • Italy
  • UK
  • Rest of Europe
North America
  • US
  • Canada
South America & MEA
  • Brazil
  • UAE
  • South Africa
  • Others
Growth momentum and CAGR 9.5%
Performing market contribution Europe, APAC, North America

1 Executive Summary

2 Scope of the Report

3 Market Landscape

  • 3.1 Market Ecosystem
    • 3.2 Market Characteristics
      • 3.3 Market Segmentation Analysis

        4 Market Sizing

        • 4.1 Market Definition
          • 4.2 Market Sizing (2024)
            • 4.3 Market Size and Forecast (2025-2029)
              • 4.4 Historic Market Size (2019-2023)

                5 Impact of AI on the Minimally Invasive Surgical Instruments Market

                6 Five Forces Analysis

                • 6.1 Bargaining Power of Buyers
                  • 6.2 Bargaining Power of Suppliers
                    • 6.3 Threat of New Entrants
                      • 6.4 Threat of Substitutes
                        • 6.5 Rivalry Among Competitors

                          7 Geographic Coverage

                          8 Market Segmentation by Device

                          • 8.1 Handheld Instruments
                            • 8.2 Monitoring & Visualization Devices

                              9 Market Segmentation by Application

                              • 9.1 Orthopedic
                                • 9.2 Gastrointestinal

                                  10 Customer Landscape

                                  Research Methodology

                                  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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                                  Frequently Asked Questions

                                  Minimally Invasive Surgical Instruments market growth will increase by $ 15.1 bn during 2025-2030 .

                                  The Minimally Invasive Surgical Instruments market is expected to grow at a CAGR of 9.5% during 2025-2030 .

                                  Minimally Invasive Surgical Instruments market is segmented by Device( Handheld Instruments, Monitoring & Visualization Devices) Application( Orthopedic, Gastrointestinal) End-use( Hospitals & Clinics, Ambulatory Surgical Centers)

                                  Medtronic, Siemens Healthineer AG, Ethicon, Inc. (Johnson & Johnson), Depuy Synthes, GE Healthcare, Abbott Laboratories, Intutive Surgical, Inc., Nuvasive, Inc., Zimmer Biomet are a few of the key vendors in the Minimally Invasive Surgical Instruments market.

                                  Europe will register the highest growth rate of 0% among the other regions. Therefore, the Minimally Invasive Surgical Instruments market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.

                                  U.S., Canada, Germany, UK, France, Italy, Spain, China, Japan, India, Australia

                                  • Benefits of MIS ProceduresMinimally invasive surgical (MIS) procedures offer several advantages over traditional open surgery is the driving factor this market.
                                  • including minimized patient trauma & discomfort is the driving factor this market.
                                  • lower risk of infection is the driving factor this market.
                                  • and quicker procedure & recuperation periods is the driving factor this market.
                                  • which usually result in reduced healthcare expenditures. The necessity to undertake highly skilled activities utilizing specialized tools with limited visibility along with ranges of motion is the driving factor this market.
                                  • on the other hand is the driving factor this market.
                                  • introduced higher levels of experience for the surgical team. is the driving factor this market.

                                  The Minimally Invasive Surgical Instruments market vendors should focus on grabbing business opportunities from the Handheld Instruments segment as it accounted for the largest market share in the base year.