Minimally Invasive Surgical Instruments, Imaging & Visualization Systems and
Medical Robotics Market (2011 - 2016) (Handheld Instruments, Guiding Devices,
Inflation Systems, Auxiliary Devices, Ultrasound, X-Ray, CT & MRI Imaging,
Visualization Systems and Electrosurgical Devices, DA-VINCI, Robodoc,
Spineassist, RIO and Neuromate Robotic Systems) Global Trends & Competitive
Analysis
The global minimally invasive surgical devices market is classified into
handheld instruments, guiding devices, inflation systems, auxiliary devices,
ultrasound, X-ray, CT & MRI imaging, visualization systems, electrosurgical
devices and robotic systems. MIS market is expected to grow at a faster rate
with a CAGR of 8.2% and is expected to reach $35.5 billion by 2016.
Surgical devices represent the largest segment in MIS product market. The
global market for surgical devices and instruments was valued at $9.2 billion
in 2011 and is expected to reach $11 billion by 2016, with a CAGR of 3.6%
during the forecast period. This growth has been primarily attributed to the
increased usage of these devices and instruments in MIS procedures. Devices
such as guiding catheters and guidewires as well as balloons have been widely
used in interventional angioplasty procedures as well as in peripheral
extremity MIS procedures. Numerous innovations in the technologies of devices
such as balloons have added to the growth in the market.
Newer innovations and rapidly evolving technologies in the field of surgical
devices used in minimally invasive procedures will drive the MIS market.
Imaging and diagnostic technologies such as ultrasound involving IVUS
(intravascular ultrasound) and OCT (optical coherence tomography) have
considerably changed the usage patterns of diagnostic techniques. These device
systems show significant promise in terms of guidance in treatment and
diagnosis. OCT has helped in high-resolution imaging of atherosclerotic plaque
erosions that were previously not possible with imaging systems, thereby
contributing to a boosting growth to the market. The principal advantage of
minimally invasive endovascular procedures over surgery is short recovery
time, short length scars, low risk of infection, bleeding, and shorter
hospital stays.
North America constitutes the biggest market for the MIS devices and
technologies, followed by Europe and Asia. Pricing and reimbursement issues in
certain regions of the world such as European and Asian countries have
hampered the growth of the MIS devices market. Budgets constraints in
hospitals force physicians to re-use accessory devices in MIS procedures, due
to lack of reimbursements.
The worldwide market for minimally invasive surgery devices and imaging &
visualization systems including robotic systems is principally commanded by
major multinationals, such as Intuitive Surgical, GE Healthcare, Philips,
Siemens and Covidien.
Summary
Minimally invasive surgical (MIS) procedure refers to the surgery performed
with minute incisions in the body and treating, for instance, plaque blockages
in the arteries of the heart and other vessel walls of peripheral organs such
as lower extremities, neck, kidneys and brain. The principal advantage of
these procedures over surgery is short recovery time, short length scars, low
risk of infection, bleeding and shorter hospital stays.
The MIS industry is under dramatic transformation globally and would see
significant changes in the coming years, primarily driven by innovation,
globalization, commoditization of products and most importantly, rising cost
pressures on the western healthcare systems. Recent developments in MIS
products and technologies have led to the emergence of new fully integrated
systems, enabling diagnosis, treatment, and follow-up all in the same day.
Robotic-assisted and image-guided surgeries are segments of MIS that show
tremendous potential and performance in coming years and represent the fastest
market growth.
A significant growth has been seen in the use of MIS procedures in recent
years, which is largely driven by healthcare, demographic and cost-effective
factors. The new diagnostic imaging technologies and 3D visualization systems
coupled with rapidly evolving robotic-assisted surgery markets together
contribute to this growth in MIS procedures. The robotic MIS market is
expected to grow at a faster rate with a CAGR of 11.7% and is expected to
reach $5.8 billion by 2016, as well as imaging technologies such as
ultrasound, which are also growing with a CAGR of 11.9% and is estimated to
reach $15.1 billion by 2016.
North America constitutes the biggest market for the MIS devices and
technologies, followed by Europe and Asia. Pricing and reimbursement issues in
certain regions of the world such as European and Asian countries have
hampered the growth of the MIS devices market. Budgets constraints in
hospitals force physicians to re-use accessory devices in MIS procedures, due
to lack of reimbursements.
North American and European market for MIS will continue to show an increasing
trend as rise in the cases of various application areas such as
cardiothoracic, gynecologic, orthopedic, urologic and others would boost the
market with increasing number of people going for treatment and thus
corresponding increase in usage of MIS devices and technologies. The Asian
market will witness the fastest growth as awareness coupled with affordability
and accessibility would shift patients towards minimally invasive procedures
over open surgery in the coming years. Also, affordable procedural costs along
with educated physicians would drive the patient population from developed
countries towards Asian countries.
Table of Contents
Table of Contents
1 INTRODUCTION
1.1 KEY TAKE-AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.4 STAKEHOLDERS
1.5 RESEARCH METHODOLOGY
1.5.1 MARKET SIZE
1.5.2 MARKET SHARE
1.5.3 KEY DATA POINTS FROM SECONDARY SOURCES
1.5.4 KEY DATA POINTS FROM PRIMARY SOURCES
2 EXECUTIVE SUMMARY
3 MARKET OVERVIEW
3.1 INTRODUCTION
3.2 MARKET DYNAMICS
3.2.1 DRIVERS
3.2.1.1 Increasing demand for minimally invasive treatment
3.2.1.2 Rapid advancements in new technologies
3.2.1.3 Increased use and acceptance of imaging
3.2.1.4 Increasing consumer awareness for preventive diagnostic
screening
3.2.2 RESTRAINTS
3.2.2.1 Reimbursement issues
3.2.2.2 Lack in surgeon's knowledge and learning curve expertise in
robotic-assisted surgery
3.2.2.3 Declining average selling prices
3.2.3 OPPORTUNITIES & THREATS
3.2.4 TRENDS
3.2.5 MARKET SHARE ANALYSIS OF KEY PLAYERS
4 GLOBAL MINIMALLY INVASIVE MARKET, BY PRODUCTS
4.1 INTRODUCTION
4.2 SURGICAL DEVICES
4.2.1 HANDHELD INSTRUMENTS
4.2.1.1 Forceps and spatula
4.2.1.2 Retractor
4.2.1.3 Dilator
4.2.1.4 Grasper
4.2.2 GUIDING DEVICES
4.2.2.1 Guiding catheters
4.2.2.2 Guidewires
4.2.3 INFLATION SYSTEMS
4.2.3.1 Balloons
4.2.3.2 Balloon inflation devices
4.2.4 AUXILIARY DEVICES
4.2.4.1 Cannula
4.2.4.2 Staplers
4.2.4.3 Clamp
4.2.4.4 Closure
4.2.5 MECHANICAL CUTTERS
4.2.5.1 Trocar
4.2.5.2 Rasp
4.2.5.3 Scissors
4.3 IMAGING & VISUALIZATION SYSTEMS
4.3.1 ULTRASOUND
4.3.2 CT IMAGING
4.3.3 MRI IMAGING
4.3.4 X-RAY IMAGING
4.3.5 VISUALIZATION SYSTEMS
4.4 ELECTROSURGICAL DEVICES
4.4.1 ELECTROSURGICAL GENERATORS & ACCESSORIES
4.4.2 VESSEL SEALING INSTRUMENTS
4.4.3 ELECTROCAUTERY DEVICES
4.5 MEDICAL ROBOTICS
4.5.1 INTRODUCTION
4.5.2 DA VINCI SYSTEM
4.5.3 ROBODOC
4.5.4 MAKO SYSTEM
4.5.5 NEUROMATE
4.5.6 SPINE ASSIST
5 MINIMALLY INVASIVE PRODUCT MARKET, BY APPLICATIONS
5.1 INTRODUCTION
5.2 CARDIO-THORACIC SURGERY
5.3 VASCULAR SURGERY
5.4 NEUROLOGICAL SURGERY
5.5 ENT/RESPIRATORY SURGERY
5.6 COSMETIC SURGERY
5.7 GASTROINTESTINAL SURGERY
5.8 GYNECOLOGICAL SURGERY
5.9 UROLOGICAL SURGERY
5.10 ORTHOPEDIC SURGERY
5.11 ONCOLOGY SURGERY
5.12 DENTAL SURGERY
6 GLOBAL MINIMALLY INVASIVE PRODUCT MARKET, BY TECHNOLOGY
TABLE 163 TELEFLEX: TOTAL REVENUE AND R&D EXPENDITURE, 2009 - 2011
($MILLION)
TABLE 164 TELEFLEX: TOTAL REVENUE, BY SEGMENTS, 2009 - 2011 ($MILLION)
TABLE 165 TELEFLEX: TOTAL REVENUE, BY GEOGRAPHY, 2009 - 2011 ($MILLION)
TABLE 166 VIKING SYSTEMS INC.: TOTAL REVENUE AND R&D EXPENDITURE, 2010 -
2011 ($MILLION)
TABLE 167 VIKING SYSTEMS INC.: TOTAL REVENUE, BY GEOGRAPHY, 2010 - 2011
($MILLION)
TABLE 168 ZIMMER HOLDING INC.: TOTAL REVENUE AND R&D EXPENSES, 2009 - 2011
($MILLION)
TABLE 169 ZIMMER HOLDING INC.: TOTAL REVENUE, BY GEOGRAPHY, 2009 - 2011,
($MILLION)
TABLE 170 ZIMMER HOLDING INC.: TOTAL REVENUE, BY SEGMENTS, 2009 - 2011
($MILLION)
LIST OF FIGURES
FIGURE 1 GLOBAL MIS PROCEDURES
FIGURE 2 GEOGRAPHICAL ANALYSIS
FIGURE 3 MARKET SEGMENTATION
FIGURE 4 MARKET DYNAMICS
FIGURE 5 GLOBAL MARKET SHARE
FIGURE 6 GLOBAL MIS IMAGING MARKET SHARE
FIGURE 7 GLOBAL MIS MRI IMAGING MARKET SHARE
FIGURE 8 GLOBAL MIS CT IMAGING MARKET SHARE
FIGURE 9 GLOBAL MIS ULTRASOUND IMAGING MARKET SHARE
FIGURE 10 GLOBAL MIS X-RAY IMAGING MARKET SHARE
FIGURE 11 GLOBAL MIS ROBOTICS MARKET SHARE
FIGURE 12 GLOBAL ELECTROSURGERY MARKET SHARE
FIGURE 13 GUIDING DEVICES
FIGURE 14 INFLATION SYSTEMS
FIGURE 15 BALLOONS
FIGURE 16 KEY GROWTH STRATEGIES, JANUARY 2009 - FEBRUARY 2012
Minimally Invasive Surgical Instruments, Imaging & Visualization Systems and Medical Robotics Market (2011 - 2016) published by Markets and Markets in May 8, 2012. This report consists of 383 Pages and the price starts from US $ 4650.
