LONDON–(BUSINESS WIRE)–
Technavio has published a new report on the global minimal invasive surgery (MIS) market, which is expected to grow at a CAGR of almost 10% from 2015-2019.
About the Report
The latest report by Technavio draws attention towards the rising popularity of MIS, and considers cardiac surgery as one of the largest segments where the market witnessed the maximum number of minimal invasive surgeries.
“The application of minimally invasive techniques reduces the risk of infection, shortens hospital stay, assists in faster recovery and results in lesser pain compared to traditional open surgeries, which is leading to their popularity and further propelling market growth,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also emphasizes the technological advancements in MIS, which have led to the introduction of new products with innovative platforms and enhanced durability.
“Technological advances have led to major improvements in minimally invasive electrosurgical devices such as less eschar formation and reduced tissue sticking. These advances will increase the demand for MIS procedures during the forecast period,” adds Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the global minimal invasive surgery market from 2015-2019. To calculate the market size, Technavio uses revenue generated from the sales of surgical devices, laparoscopy devices, and monitoring and visualization devices.
Key Information Covered in the Report:
- Key Vendors:
- Boston Scientific
- GE Healthcare
- Johnson & Johnson
- Medtronic
- Olympus
- Stryker
- Market Growth Drivers:
- Rising popularity of minimal invasive surgery
- For a full detailed list, view our report.
- Market Challenges:
- High cost of equipment
- For a full detailed list, view our report.
- Market Trends:
- Advances in technology
- For a full detailed list, view our report.
Technavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the minimal invasive surgery market:
- Global Minimally Invasive Vertebral Compression Fracture Repair Market 2015-2019
- Global Minimally Invasive VCF Devices market 2012-2016
If you are interested in more information, please contact our media team at [email protected].
View source version on businesswire.com: http://www.businesswire.com/news/home/20150812005418/en/
Jesse Maida
US: +1-630-333-9501
UK: +44-208-123-1770
Media & Marketing Executive
www.technavio.com
[email protected]
