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Europe Minimally Invasive Surgical Instruments Market Size 2028: Projected Growth and Opportunities | Techsci Research

According to a report by TechSci Research, the Europe minimally invasive surgical instruments market is projected to experience significant growth during the forecast period. The key driver behind this growth is the increasing number of surgeries being performed on the geriatric population, as well as the advancements in technology within the healthcare industry. The market is segmented by instrument type, type, application, end-users, and country.

Among the various instrument types, handheld instruments dominated the market in 2019 and are expected to continue leading due to their ease of use and technological advancements. Additionally, they provide better access during surgeries, reducing the likelihood of errors. The gastrointestinal segment is anticipated to grow at a faster rate due to the increasing prevalence of gastrointestinal diseases caused by changes in lifestyle and fast-food culture.

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Leading players in the Europe minimally invasive surgical instruments market include Medtronic PLC, Johnson & Johnson, Stryker Corporation, B. Braun Melsungen AG, CONMED Corporation, Smith & Nephew PLC, Abbott Laboratories, Zimmer Biomet Holdings, Inc., Boston Scientific Corporation, Becton, Dickinson and Company, HOYA Corporation, The Cooper Companies, Inc., Surgical Innovations Group PLC, Omniguide Holdings Inc., and Applied Medical Resources Corporation.

However, the market faces challenges such as reimbursement issues and an uncertain regulatory framework in the medical device industry. Despite this, the growing demand for minimally invasive surgeries, which involve smaller incisions and lead to faster patient recovery times, is projected to continue driving the growth of the Europe minimally invasive surgical instruments market.

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“Huge expenditure on research and developmental activities are creating a huge growth potential for minimally invasive surgical instruments manufacturers. Moreover, improved healthcare infrastructure in the region is expected to bolster the market growth in the coming years. Furthermore, increasing number of surgical centers are further anticipated to positively influence the market growth through 2028”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Europe Minimally Invasive Surgical Instruments Market By Instrument (Endoscopes, Laparoscopy Access Instruments, Laparoscopy Handheld Instruments, Robotic Assisted Surgical Systems, Electrosurgery, Visualization and Monitoring System), By Type (Endoscopy, Laparoscopy, Robotics), By Application (Gynecology, Orthopedic Surgery, Respiratory, Oncology, Gastrointestinal, Urology, Cardiology, Others), By End-User (Hospitals, Surgical Centers, Others), By Country, Forecast & Opportunities, 2028” has evaluated the future growth potential of Europe minimally invasive surgical instruments market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Europe minimally invasive surgical instruments market.

Report Scope:

In this report, Europe minimally invasive surgical instruments market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Europe Minimally Invasive Surgical Instruments Market, By Instrument:
    • Endoscopes
      • Colonoscope
      • Laparoscope
      • Bronchoscope
      • Gastroscope
      • Others
    • Laparoscopy Access Instruments
      • Retractors
      • Trocars
    • Laparoscopy Handheld Instruments
      • Forceps
      • Scissors
      • Others
    • Robotic Assisted Surgical Systems
    • Electrosurgery
      • Generator
      • Instruments
    • Visualization and Monitoring System
  • Europe Minimally Invasive Surgical Instruments Market, By Type:
    • Endoscopy
    • Laparoscopy
    • Robotics
  • Europe Minimally Invasive Surgical Instruments Market, By Application:
    • Gynecology
    • Orthopedic Surgery
    • Respiratory
    • Oncology
    • Gastrointestinal
    • Urology
    • Cardiology
    • Others
  • Europe Minimally Invasive Surgical Instruments Market, By End User:
    • Hospitals
    • Surgical Centers
    • Others
  • Europe Minimally Invasive Surgical Instruments Market, By Country:
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Switzerland
    • Netherlands
    • Sweden
    • Belgium

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

 

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