Germany Minimally Invasive Surgery Devices Market Size 2031

Segments - Germany Minimally Invasive Surgery Devices Market by Products (Handheld Instruments, Guiding Devices, Electrosurgical Devices, Endoscopic Devices, Monitoring and Visualization Devices, Robotic Assisted Surgical Systems, Ablation Devices, Laser Based Devices, and Others), Applications (Aesthetic, Cardiovascular, Gastrointestinal, Gynecological, Urological, Orthopedic, and Others), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 –2031

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Vishal Golekar

Report Description

Germany Minimally Invasive Surgery Devices Market Outlook 2031

The Germany minimally invasive surgery devices market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of XX% during the forecast period, 2023–2031. The growth of the market is attributed to increase in prevalence of chronic diseases.

Minimally invasive surgery is a term used for describing smaller incision. Minimally invasive surgery is a surgical procedure conducted through small opening in place of large incision. A surgeon uses a broad range of technique to work with minimally damage to the body. Minimally invasive surgery is correlated with less pain, fewer complications, and shorter hospital stay.

The COVID-19 pandemic had a negative impact on the minimally invasive surgery devices market, as hospitals and healthcare systems reduced non-emergency surgeries, including robotic-assisted procedures, endoscopies, laparoscopies as well as minimally invasive diagnostic procedures.

Minimally Invasive Surgery Devices Market Trends, Drivers, Restraints, and Opportunities

Increasing funding from private & government organizations for development of healthcare infrastructure and advancements in technologies is anticipated to drive the market growth during the forecast period.
Rising demand for laparoscopic surgery is estimated to spur the market growth in the coming years.
Growing geriatric population is projected to boost the market growth in the coming years.
Increasing number of surgeries is anticipated to drive the market growth during the forecast period.
Rising awareness among individuals regarding advantages of minimally invasive surgery is estimated to spur the market growth in the coming years.
Changing regulatory landscape in the medical device industry can restrict the market growth.
High cost associated with minimally invasive surgical procedures is estimated to restrict the market growth.
Shortage of trained professionals can create challenges for the market.
Emerging markets can create lucrative opportunities for the market.

Scope of Minimally Invasive Surgery Devices Market Report

The report on the Germany minimally invasive surgery devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Minimally Invasive Surgery Devices Market - Germany Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Products (Handheld Instruments, Guiding Devices, Electrosurgical Devices, Endoscopic Devices, Monitoring and Visualization Devices, Robotic Assisted Surgical Systems, Ablation Devices, Laser Based Devices, and Others), and Applications (Aesthetic, Cardiovascular, Gastrointestinal, Gynecological, Urological, Orthopedic, and Others)
Country	Germany
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	GE Healthcare; Medtronic PLC; Olympus Corporation; Siemens Healthineers; and Smith and Nephew

Germany Minimally Invasive Surgery Devices Market Segment Insights

Electrosurgical devices segment to hold a significant market share

On the basis of products, the market is divided into handheld instruments, guiding devices, electrosurgical devices, endoscopic devices, monitoring and visualization devices, robotic assisted surgical systems, ablation devices, laser based devices, and others. The handheld instruments segment is expected to hold a key share of the market in the coming years owing to the low cost of articulating laparoscopic handheld surgical instruments, the increasing number of surgical procedures, and the rising technological innovations in handheld instruments. However, the electrosurgical devices segment is anticipated to expand at a rapid pace during the forecast period, as it prevent blood loss in hospital operating rooms or in outpatient procedures.

Minimally Invasive Surgery Devices Market Products Segmentation

Orthopedic segment is expected to grow at a rapid pace

Based on applications, the market is segregated into aesthetic, cardiovascular, gastrointestinal, gynecological, urological, orthopedic, and others. The cardiovascular segment is anticipated to hold a key share of the market in the coming years due to increasing number of coronary and percutaneous cardiology interventions, the growing adoption of MIS instruments in these surgical procedures On the other hand, the orthopedic segment is anticipated to expand at a rapid pace during the forecast period owing to reduced pain and improved range of motion in the affected joints.

Minimally Invasive Surgery Devices Market Applications Segmentation

Segments

The Germany minimally invasive surgery devices market has been segmented on the basis of

Products

Handheld Instruments
Guiding Devices
Electrosurgical Devices
Endoscopic Devices
Monitoring and Visualization Devices
Robotic Assisted Surgical Systems
Ablation Devices
Laser Based Devices
Others

Applications

Aesthetic
Cardiovascular
Gastrointestinal
Gynecological
Urological
Orthopedic
Others

Country

Germany

Key Players

GE Healthcare
Medtronic PLC
Olympus Corporation
Siemens Healthineers
Smith and Nephew

Competitive Landscape

Key players competing in the Germany minimally invasive surgery devices market includes GE Healthcare; Medtronic PLC; Olympus Corporation; Siemens Healthineers; and Smith and Nephew. Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.

Minimally Invasive Surgery Devices Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Minimally Invasive Surgery Devices Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Minimally Invasive Surgery Devices Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Minimally Invasive Surgery Devices Market - Supply Chain
  4.5. Global Minimally Invasive Surgery Devices Market Forecast
     4.5.1. Minimally Invasive Surgery Devices Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Minimally Invasive Surgery Devices Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Minimally Invasive Surgery Devices Market Absolute $ Opportunity
5. Global Minimally Invasive Surgery Devices Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Minimally Invasive Surgery Devices Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Minimally Invasive Surgery Devices Demand Share Forecast, 2019-2026
6. North America Minimally Invasive Surgery Devices Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Minimally Invasive Surgery Devices Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Minimally Invasive Surgery Devices Demand Share Forecast, 2019-2026
7. Latin America Minimally Invasive Surgery Devices Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Minimally Invasive Surgery Devices Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Minimally Invasive Surgery Devices Demand Share Forecast, 2019-2026
8. Europe Minimally Invasive Surgery Devices Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Minimally Invasive Surgery Devices Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Minimally Invasive Surgery Devices Demand Share Forecast, 2019-2026
9. Asia Pacific Minimally Invasive Surgery Devices Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Minimally Invasive Surgery Devices Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Minimally Invasive Surgery Devices Demand Share Forecast, 2019-2026
10. Middle East & Africa Minimally Invasive Surgery Devices Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Minimally Invasive Surgery Devices Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Minimally Invasive Surgery Devices Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Minimally Invasive Surgery Devices Market: Market Share Analysis
  11.2. Minimally Invasive Surgery Devices Distributors and Customers
  11.3. Minimally Invasive Surgery Devices Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)