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minimally invasive market and non-invasive market reports, report will analyze the market potential for minimal invasive/non-invasive surgery
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Minimally Invasive and Non Invasive Product and Service Market Worth $24.4 Billion. The global minimally invasive/ non-invasive market is estimated to be approximately $16.4 billion and is expected to reach $24.4 billion.
As the people are demanding more convenience such as painless treatment, and less post-operative stay in surgeries, the market is set to evolve as a miniature instrument based surgery in the future, which will ensure further convenience in such type of surgeries. The introduction of capsule endoscopy is one such example. The minimal invasive surgery market is evolving towards more convenience for the patients and subsequent technological advancements. This showcases the growth potential of the miniature instruments based surgeries in future. http://www.marketsandmarkets.com/Market-Reports/minimal-invasive-and-non-invasive-product- and-service-market-110.html In 2009, the global minimal invasive/ noninvasive market is estimated to be approximately $16.4 billion and is expected to reach $24.4 billion by 2014 at a CAGR of 8.3%. Major driving factors for the minimal invasive/ non-invasive surgery market Increase in aging population (65 years and above) Increase in demand of less risky operating methods Pressure to reduce health care cost Lesser hospitalization period compared to conventional surgeries Higher rate of acceptance Major restraints for the minimally invasive/ non-invasive surgery market Limited number of surgeries performed with minimally invasive technique Requirement of specialized training and equipment’s to perform such surgeries Download PDF Brochure:-http://www.marketsandmarkets.com/pdfdownload.asp?id=110 Major opportunities for the minimally invasive/ non-invasive surgery market lies in its huge market size and growth which is driving new entrants in the market. In the minimally invasive product market (which includes surgical devices, monitoring and visualization system, endosurgical equipments, medical robotics, and electrosurgical equipment), medical robotics is the fastest growing segment which is expected to reach $1.1 billion by 2014 growing at a CAGR of 21.3%, while surgical device alone constitute approximately $11.3 billion in 2009, which is more than 65% of the entire market. Ask for Sample Report:-http://www.marketsandmarkets.com/requestsample.asp?id=110 In the minimally invasive application market (which includes gastrointestinal surgery, gynecology surgery, urology surgery, cosmetic surgery, obesity surgery, thoracic surgery, cardiac surgery, vascular surgery, orthopaedic surgery, and other surgery), cardiac surgery forms the major share of this market with estimated annual revenue of $11.2 billion in 2009. While orthopedic surgery is the highest growing market with a CAGR of 12.9% for the period 2009 to 2014 mainly due to introduction of new technologies such as joint replacements and bio implants in such surgeries. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
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