The Market for Minimally Invasive Medical Devices

The Market for Minimally Invasive Medical Devices

Report Code: HLC051F

Publish Date: Jun 2011

Publisher: BCC Publishing

Category: Health Maintenance

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Report Highlights

The global market for MIS devices and instruments was worth an estimated $13.4 billion in 2010.  The market is expected to reach $14.4 billion in 2011 and $21.1 billion by 2016, a compound annual growth rate (CAGR) of 7.9% between 2011 and 2016.

SCOPE AND FORMAT OF REPORT

This report is an analytical business tool whose primary purpose is to describe the minimally invasive surgical devices industry and the U.S. market for these devices.  The scope of the study does not include:

  • Devices and instruments used exclusively for traditional open surgical procedures (e.g., heart-lung machines)
  • Devices and equipment used exclusively in an ambulatory surgery setting
  • Equipment for nonsurgical types of therapy such as radiation therapy

The format of the study is organized around the following topics:

  • Major types and applications of minimally invasive surgical devices and instruments
  • Industry structure
  • Market size and segmentation, including historical data on sales by application, product type, end-user group, and geographical market
  • Market drivers
  • Detailed market projections through 2016
  • Competition and market shares
  • Observations and conclusions regarding the future of minimally invasive surgical devices and instruments

ANALYST CREDENTIALS

Andrew McWilliams is the author of this report.  He is a partner in the Boston-based international technology and marketing consulting firm, 43rd Parallel LLC.  Mr. McWilliams also is the author of several other BCC Research studies of the surgical and related healthcare markets.  They include:

  • HLC038C     Patient Monitoring
  • HLC058A     Global Medical Markets for Nanoscale Materials and Devices
  • HLC054B     Home Medical Equipment: Technologies and Global Markets
  • HLC016D     Microelectronic Medical Implants: Products, Technologies and Opportunities
  • HLC045A     Prosthetics, Orthotics and Cosmetic Enhancement Products
  • HLC042A     Radiation-based Therapy and Therapeutic Imaging
  • HLC036C     Medical Robotics and Computer-assisted Surgery
  • HLC082A     Emerging Markets for Advanced Medical Technologies
  • HLC066A     Medical Automation Technologies, Products and Markets
  • HLC070A     Preventive Healthcare Technologies, Products and Markets
  • HLC014D     Telemedicine: Opportunities for Medical and Electronic Providers
  • HLC048C     Healthcare Information Technology
  • HLC072A     Medical Lasers:  Technologies and Global Markets
  • BIO022D     Plant-derived Drugs: Products, Technology, Applications
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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: The Market for Minimally Invasive Medical Devices160Free
Chapter- 1: INTRODUCTION7Free
Chapter- 2: EXECUTIVE SUMMARY2Free
Chapter- 3: OVERVIEW OF MINIMALLY INVASIVE SURGICAL DEVICES AND INSTRUMENTS57Free
Chapter- 4: MARKET FOR MIS DEVICES AND EQUIPMENT BY TYPE, APPLICATION SEGMENTS AND USER SEGMENTS49Free
Chapter- 5: INDUSTRY STRUCTURE, COMPETITION, AND MARKET SHARES9Free
Chapter- 6: CONCLUSIONS: THE OUTLOOK FOR MINIMALLY INVASIVE SURGICAL DEVICES AND INSTRUMENTS 12Free
Chapter- 7: APPENDIX A: MINIMALLY INVASIVE SURGICAL PROCEDURES5Free
Chapter- 8: APPENDIX B: VENDOR PROFILES17Free
Chapter- 9: APPENDIX C: INDUSTRY AND PROFESSIONAL ORGANIZATIONS2Free

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This is an Excel-only version of the report.

Report Includes

    Total Number of Tables in this Report: 44

  • Summary Table: GLOBAL MARKET FOR MIS DEVICES AND EQUIPMENT, THROUGH 2016
  • Table 1: SURGICAL PROCEDURES COMMONLY PERFORMED IN THE U.S. USING A MINIMALLY INVASIVE APPROACH, 2010
  • Table 2: PRINCIPAL TYPES OF MONITORING/VISUALIZATION EQUIPMENT
  • Table 3: PRINCIPAL TYPES OF SURGICAL ROBOTIC SYSTEMS
  • Table 4: ELECTROSURGICAL EQUIPMENT
  • Table 5: PRINCIPAL TYPES OF MECHANICAL INSTRUMENTS
  • Table 6: PRINCIPAL TYPES OF AUXILIARY EQUIPMENT USED FOR MINIMALLY INVASIVE SURGERY
  • Table 7: MINIMALLY INVASIVE SURGICAL DEVICES
  • Table 8: U.S. SURGICAL SPECIALTIES, 2009
  • Table 9: GLOBAL SALES OF MIS DEVICES AND EQUIPMENT, THROUGH 2016
  • Table 10: MARKET FOR MIS DEVICES AND EQUIPMENT SALES BY REGION, THROUGH 2016
Sample Report

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Published - Mar-2009| Analyst - Andrew McWilliams| Code - HLC051E

Report Highlights

  • The global market for MIS devices and instruments was worth $14.8 billion in 2008. This should reach $15.8 billion in 2009 and $23.0 billion in 2014, for a compound annual growth rate (CAGR) of 7.8%.
  • The U.S. has the largest share of the market, worth $8.9 billion in 2008 and an estimated $9.5 billion in 2009. This segment is expected to reach $13.6 billion in 2014.
  • Cardiothoracic surgery was the largest application segment for MIS devices and equipment in 2007, representing 70% of the total market. Cardiothoracic surgery was followed in order of size by orthopedic surgery (12%), gastrointestinal surgery (10%) and gynecology (3%).
Published - Jun-2006| Analyst - Andrew McWilliams| Code - HLC051D

Report Highlights

  • The global market for minimally invasive surgery (MIS) devices and instruments was worth an estimated $12 billion in 2005, and is expected to reach $12.9 billion in 2006 and $18.5 billion by 2011, an average annual growth rate (AAGR) of 7.5% between 2006 and 2011. (These figures include catheters, balloons, stents and other devices used in minimally invasive angioplasty.)
  • The U.S. accounted for about 60% of the world market, or $7.2 billion in 2005, and is growing at an AAGR of 7.2%. The U.S. market should reach $7.7 billion in 2006 and $11.0 billion by 2011.
  • Surgical devices (e.g, stents, catheters, guidewires) are the largest product segment of the U.S. minimally invasive surgery market, of which they accounted for about a 69% share in 2005. Monitoring and visualization systems were the second largest segment of the U.S. market in 2005, with an 11% market share, followed by endosurgical instruments (10%), electrosurgical equipment (8%), and robotics (2%). Surgical robots are the fastest-growing equipment /device segment, with an AAGR of 12% between 2006 and 2011, followed by surgical devices, with an AAGR of 8%.
Published - May-2003| Analyst - Andrew McWilliams| Code - HLC051C

Report Highlights

  • Globally, the MIS devices market saw an average annual growth rate (AAGR) of 10% from 1999 to 2002.
  • By 2007, the market should rise to approximately $8.3 billion at an AAGR of 6.6%.
  • The U.S. market represents nearly 60% of the total world market.
  • Market drivers include demographics, epidemiology, new devices.
  • The lack of surgeons opting to train in MIS is a potential constraint on the market.

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The Market for Minimally Invasive Medical Devices
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