Minimally invasive surgical instrument market forecast: 3 takeaways

The global minimally invasive/non-invasive devices and surgical market will grow at a CAGR of 11 percent between 2015 and 2020.

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Here are three takeaways:

 

1. The increase in healthcare expenditure, rise in cancer, CVD, CHD, disability and heart diseases are driving the market.

 

2. Minimally invasive surgeries have gained popularity due to a shorter hospital stay and shorter recovery period. These surgeries also offer less blood loss and fewer complications.

 

3. GE Healthcare, Siemens, Stryker, Olympus, Medtronic, Abbott Diagnostics, Toshiba medical systems, Boston scientific, J&J, Aesculap and Intuitive surgical lead the market.

 

More articles on devices:
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Life Spine releases devices for expandable lateral interbody fusions: 4 key notes

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

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