Global Market Minimally Invasive Gastrointestinal Surgical Systems is Anticipated to grow at a Significant Pace i.e., USD 9.34 Billion during the Forecast Period 2021-2027

Published Date: Nov, 2021

The global minimally invasive gastrointestinal surgical systems market is expected to witness a CAGR of 6.7% during the forecast period. The rise in investment for the advancement of healthcare infrastructure, growing evidence for effective and promising results in surgery assistance, extensive entry of industry players in developing MIS surgical systems will propel the market growth of minimally invasive gastrointestinal surgical systems globally. Moreover, the rising complexities in clinical decision-making, growing radiologist workload, massive R&D investment are the factors that will further bolster the growth in the minimally invasive gastrointestinal surgical system market. Nevertheless, the global minimally invasive gastrointestinal surgical system market comprises large-scale and small-scale manufacturers and vendors that have many opportunities to expand their offerings and strengthen their foothold in the market due to technological development in the healthcare sector.  

The COVID-19 outbreak has led to the adoption of robotic assistance in minimally invasive gastrointestinal surgical systems market.

Browse 53 market data Tables and 36 Figures spread through 200 Pages and in-depth TOC on " Minimally Invasive Gastrointestinal Surgical Systems Market by Product Type (Conventional Minimally Invasive Gastrointestinal Surgical Systems (MISS) (Endoscopes and Endoscopy Systems (Rigid Endoscopes, Flexible Endoscopes, and Capsule Endoscopy), Videoscopes, Endoscopic Ultrasound, Therapeutic Energy Devices) and Surgical Robots (Robotic Systems, Robotic Surgery Instruments and Accessories, and Services)), by Surgery Type  (Adrenalectomy, Appendectomy, Bariatric Surgery, Cholecystectomy, Colon, and Rectal Surgery, Foregut Surgery, and Hernia Repair), by End-User (Specialty Clinics, Hospitals, and Ambulatory Surgical Centers), and Region - Global Forecast to 2027"

By product type, surgical robots is anticipated to have significant growth during the forecast period.

Based on product type, the minimally invasive gastrointestinal surgical systems market is divided into conventional minimally invasive gastrointestinal surgical systems (MISS) and surgical robots. Surgical robots in minimally invasive gastrointestinal surgical systems will lead to smarter and more efficient assistive tools and devices owing to technological development and fast adoption in hospitals and clinical centers. Robot-assisted surgeries will allow surgeons to have control over surgical instruments and have a better view of the surgical site.

Global Minimally Invasive Gastrointestinal Surgical Systems Market Segmentation Analysis

Segment

Categorization

Leading Category

Product Type

Conventional Minimally Invasive Gastrointestinal Surgical Systems (MISS) (Endoscopes and Endoscopy Systems (Rigid Endoscopes, Flexible Endoscopes, and Capsule Endoscopy), Videoscopes, Endoscopic Ultrasound, Therapeutic Energy Devices) and Surgical Robots (Robotic Systems, Robotic Surgery Instruments and Accessories, and Services)

Endoscopes and Endoscopy Systems (Significant Growth)

Surgery Type

Adrenalectomy, Appendectomy, Bariatric Surgery, Cholecystectomy, Colon and Rectal Surgery, Foregut Surgery, and Hernia Repair

Appendectomy (Significant Growth)

Colon and Rectal Surgery (High CAGR)

End-User

Specialty Clinics, Hospitals, and Ambulatory Surgical Centers

Ambulatory Surgical Centers (Significant)

Region

North America, Europe, Asia-Pacific, and Rest of the World

North America (Largest)

Asia-Pacific (Fastest)

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“North America to hold the largest regional market share in 2020.”

North America is the leading contributor to the minimally invasive gastrointestinal surgical systems market owing to the rising old-age population, growing adoption of minimally invasive surgical devices, rising healthcare expenditure and increasing health outcomes in the region.

Some of the major players in the global Minimally Invasive Gastrointestinal Surgical Systems market include Olympus Corporation, B. Braun Melsungen AG, Karl Storz SE & Co. KG, FUJIFILM Holdings Corporation, Ambu A/S, Medtronic, Intutive Surgical, Stryker, Asensus Surgical US, Inc., and Xenocor, Inc.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2015–2027

Historical Period

2015–2020

Base Year

2020

Forecast Period

2021–2027

Segments Covered in the Study

Product Type, Surgery Type, End-User, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

Olympus Corporation, B. Braun Melsungen AG, Karl Storz SE & Co. KG, FUJIFILM Holdings Corporation, Ambu A/S, Medtronic, Intutive Surgical, Stryker, Asensus Surgical US, Inc., and Xenocor, Inc.

Global Minimally Invasive Gastrointestinal Surgical Systems Market Coverage

Product Type Insight and Forecast 2015-2027

  • Conventional Minimally Invasive Gastrointestinal Surgical Systems (MISS)
    • Endoscopes and Endoscopy Systems
      • Rigid Endoscopes
      • Flexible Endoscopes
      • Capsule Endoscopy
    • Videoscopes
    • Endoscopic Ultrasound
    • Therapeutic Energy Devices
  • Surgical Robots
    • Robotic Systems
    • Robotic Surgery Instruments and Accessories
    • Services

Surgery Type Insight and Forecast 2015-2027

  • Adrenalectomy
  • Appendectomy
  • Bariatric Surgery
  • Cholecystectomy
  • Colon and Rectal Surgery
  • Foregut Surgery
  • Hernia Repair

End-User Insight and Forecast 2015-2027

  • Specialty Clinics
  • Hospitals
  • Ambulatory Surgical Centers

Geographical Segmentation

Minimally Invasive Gastrointestinal Surgical Systems Market by Region

North America

  • By Product Type
  • By Surgery Type
  • By End-User
  • By Country – U.S., Canada, and Mexico

Europe

  • By Product Type
  • By Surgery Type
  • By End-User
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Product Type
  • By Surgery Type
  • By End-User
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Product Type
  • By Surgery Type
  • By End-User
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries

 

 

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Global Market Minimally Invasive Gastrointestinal Surgical Systems is Anticipated to grow at a Significant Pace i.e., USD 9.34 Billion during the Forecast Period 2021-2027