According to IMARC Group’s latest report, titled “Minimally Invasive Surgery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global minimally invasive surgery market reached a value of US$ 46.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 70.7 Billion by 2027, exhibiting a CAGR of 7.39% during 2022-2027.
A minimally invasive surgery represents a procedure that generally utilizes surgical techniques that limit the size and number of cuts or incisions during an operation with the help of small tools, cameras, and lights. This procedure is much safer in nature as compared to traditional open surgery, as it results in quicker recovery, minimal blood loss, fewer complications, shorter hospital stays, etc. As a result, these surgeries are gaining extensive traction amongst surgeons as well as patients across the globe. In line with this, they are commonly used for cardiothoracic, orthopedic, vascular, and neurological surgical procedures.
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Minimally Invasive Surgery Market Trends:
The growing prevalence of lifestyle and chronic diseases, such as cancer and obesity, owing to a lack of physical activities and the changing dietary preferences of individuals, is primarily driving the minimally invasive surgery market. Additionally, the expanding geriatric population and the rising number of physician-owned ambulatory surgical centers (ASCs) are further catalyzing the market growth.
Besides this, the increasing consumer health consciousness has led to the widespread adoption of numerous weight loss surgical procedures, such as bariatric surgery and gastric banding, which is acting as another significant growth-inducing factor. Moreover, the development of advanced techniques, including the da Vinci surgical system, that offer improved outcomes by using a 3D (three-dimensional) high-definition view of the surgical area is positively influencing the global market. Apart from this, the introduction of narrow-band imaging endoscopes and HD cameras is also propelling the market growth.
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