The global minimally invasive surgical instruments market is poised for rapid growth, according to analysis by ReportsnReports.
Here are five key trends:
1. The market is expected to reach $14.1 billion by 2019.
2. The market's growth is driven by an increasing demand for MIS procedures in orthopedic and cosmetic surgeries as well as increasing surgical procedures among the elderly.
3. The orthopedic surgery segment is expected to be the fastest-growing market.
4. Additionally, among products, guiding devices are estimated to be the fastest-growing segment due to the increasing demand of guiding catheters and guidewires in MIS procedures.
5. The major players in this market include Medtronic, Smith & Nephew, Aesculap and Stryker.