a

North American minimally invasive surgical instruments market to reach $2.7B: 5 things to know Featured

Written by  Mackenzie Garrity | Friday, 21 July 2017 19:07
Social sharing

According to a recent medGaget report, the North American minimally invasive surgical instruments market is predicted to reach $2.7 billion by 2021 with a growth rate of 8.9 percent.

Here are five things to know:

 

1. Instruments within the market include electrosurgical instruments, balloon inflation devices, guiding catheters, dilators and visualizing scopes.

 

2. The growing number of minimally invasive procedures, rising government investments and increasing incidence of bone disorders are the key influencers of the market.

 

3. Regulatory policies for the approval of advanced surgery instruments and irregular reimbursement scenarios could cause setbacks to the market growth.

 

4. The private hospitals and surgical clinics segment is estimated to account for the largest share of the minimally invasive surgical instruments market.

 

5. Key players in the market include Medtronic, Ethicon, Stryker, ConMed, Smith & Nephew and Zimmer Biomet.

 

More articles on MIS:
The most exciting opportunities in outpatient spine
5 trends in spine surgery outcomes: minimally invasive vs. open technologies
Minimally invasive surgeries to boost global spinal stenosis implant market – 8 observations

 

© Copyright ASC COMMUNICATIONS 2017. Interested in LINKING to or REPRINTING this content? View our policies here.