Minimally Invasive Surgery Market to Reach $35.5B by 2016Written by Jaimie Oh | July 26, 2012
The minimally invasive surgical market is expected to grow to $35.5 billion by 2016 at a compound annual growth rate of 8.2 percent, according to a recent analysis by Reportlinker.
This growth has been primarily attributed to the increased usage of surgical devices and instruments in MIS procedures. Devices such as guiding catheters and guidewires as well as balloons have been widely used in interventional angioplasty and peripheral extremity MIS procedures. Numerous innovations in the technologies of devices such as balloons have added to the growth in the market.
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