The global minimally invasive surgery market is expected to grow through 2024.
Here are six observations:
1. An increasing aging population will boost the MIS market.
2. Additionally, the introduction of advanced technologies, like narrow band imaging endoscopes, confocal micro-endoscopes and HD endoscopes cameras, will propel the market forward.
3. In 2016, North America dominated the global market, due to a large geriatric population and established reimbursement.
4. The Asia-Pacific region will see a market boost, specifically in India and China.
5. The markets in Europe and the Middle East will moderately grow, but Europe will likely capture the second largest revenue share throughout the forecast period.
6. Key market players include:
• Varian Medical Systems
• NuVasive
• Medtronic
• Zimmer Biomet
• Teleflex
• Surgical Innovations
• Stryker