Last updated on April 23, 2014 at 1:22 EDT

MarketsandMarkets: Global Minimally Invasive Surgical (MIS) Market Worth $35.5 Billion by 2016

May 4, 2012

DALLAS, May 4, 2012 /PRNewswire/ –

The “Minimally Invasive Surgical Instruments, Imaging & Visualization Systems and
Medical Robotics Market (2011 – 2016)” analyzes and studies the major market drivers,
restraints, and opportunities in Americas, Europe, Asia, and Rest of the World.

Browse market data tables and in-depth TOC of “Minimally Invasive Surgical
Instruments, Imaging & Visualization Systems and Medical Robotics Market (2011 -2016).”


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This report studies the global minimally invasive surgical instruments, imaging &
visualization systems and medical robotics market over the forecast period 2011-2016.

Minimally invasive surgical (MIS) procedure refers to the surgery performed with
minute incisions in the body and treating, for instance, plaque blockages in the arteries
of the heart and other vessel walls of peripheral organs such as lower extremities, neck,
kidneys and brain. The principal advantage of these procedures over surgery is short
recovery time, short length scars, low risk of infection, bleeding and shorter hospital

The global minimally invasive surgical devices
[http://www.marketsandmarkets.com/Market-Reports/minimally-invasive-surgical-instruments-devices-market-682.html ]
market is classified into handheld instruments, guiding devices,
inflation systems, auxiliary devices, ultrasound, X-ray, CT & MRI imaging, electrosurgical
devices and robotic-assisted surgery systems. MIS market is expected to grow at a faster
rate with a CAGR of 8.2% from 2011 to 2016.

The global minimally invasive surgical market has seen challenging and dynamic market
conditions, but still remains strong, with a size of approximately $23 billion in 2011 and
an estimated annual growth rate of 8% over the next five years. A large number of
technological innovations in the devices used in such procedures have been seen in the
past years, with newer devices coming up with better safety and efficacy attributes
contributing to widespread adoption of the minimally invasive procedures by physicians
worldwide. Although widespread investment in research and development for MIS is still
poor, venture funding will have a tremendous impact on the overall revival, as economic
conditions improve gradually.

The worldwide market for minimally invasive surgery devices and imaging &
visualization systems including robotic systems is principally commanded by major
multinationals, such as Intuitive Surgical, GE Healthcare, Philips, Siemens and Covidien.

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Source: PR Newswire