Who is the global minimally invasive surgery market's top competitor?

Written by Mackenzie Garrity | December 12, 2017 | Print  |

The global minimally invasive market is predicted to experience an 11.3 percent compound annual growth rate through 2024, according to a Data Bridge Market Research report.

Here's what you need to know:

 

1. During the forecast period, Medtronic is anticipated to dominate the market. Other market competitors include Johnson & Johnson, Stryker, Smith & Nephew and Abbott.

 

2. New technologies in imaging robotics will continue to grow the market. Additionally, the rise of geriatric population and desire of minimally invasive surgery will drive the market throughout the forecast period.

 

3. While the market is predicted to see rapid growth, market competitors will need to overcome the high prices of surgical equipment and lack of trained surgeons.

 

More articles on MIS:
Robotic image guidance is the next 'big thing' in spine surgery – Dr. Richard Chua discusses what's to come
DePuy Synthes introduces PUREVUE Visualization System for MIS — 5 things to know
Titan Medical installs 1st Sport Surgical System in Europe: 5 insights

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