Minimally Invasive Surgery Market to Reach $35.5B by 2016

Spinal Tech

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.

More Articles on Orthopedic Devices:

Cleveland Clinic Receives $2.8M for Orthopedic Initiatives

Study: Regulations, Taxes Pose New Challenges for US Medical Device Industry

Moving Forward With Cartilage Regeneration: Q&A With Regentis CEO Dr. Alastair Clemow

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers