(PharmaNewsWire.Com, March 07, 2018 ) The report "South America Minimally Invasive Surgery Devices Market": By Product (surgical equipment, monitoring and visualization equipment, robotic-assisted surgical devices and electrosurgical equipment); By Technology (Endoscopy, Laparoscopy, Robot assisted methods & some others); By Application (Cardiac surgery, ENT surgery, Dermatological Surgery, Neuro Surgery & some others) & By Geography - Forecast (2018-2024). Envision Intelligence estimates that minimally invasive devices market is projected to reach $XX Billion by the end of 2024 with a CAGR of XX% from $XX Billion in 2018.
Introduction about the market: Minimally Invasive Surgical devices develops surgical tools that facilitate and enable the performance of minimally-invasive surgery. These devices are used in various surgical procedures including general surgery, gynecology, oncology, urology etc. These devices encompasses surgical techniques that limit the size of incisions, less wound healing time, association pain and risk of infection. Incisions can sometimes leave large wounds that are painful and take longtime to heal. By using minimally invasive procedures, a patient may require an adhesive bandage on the incision rather than multiple stitches or staples to close a large section. It usually results in less infection, quick recovery time and shorter hospital stays.
South America has the largest market due to the presence large number of geriatric population in that region. The demand for robotic surgery for the treatment and development of prostate cancer has been increasing due to its alleged benefits of recovery. The potential benefits of robotic surgery leading to improved patient functional outcomes. The increasing adoption of minimally invasive surgery devices in private hospitals and surgical clinics will increase the usage of minimally invasive surgery devices hence leading to its growth. Nowadays hospitals are well-furnished with necessary equipment in order to provide quality service at any point of time. The potential technical benefits of robotic surgery leading to improved patient functional outcomes.
Key players in the market include: Medtronic (United States) B.Braun Medical (Germany) Smith & Nephew PLC (London) Boston Scientific Corporation (United States) Abott Laboratories (United States)
Reasons to buy this report: This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.
Key pointers in the report include: Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysis are performed to comprehend the market dynamics and key companies’ position during the next five years. Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope for the market in end user industries. Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain. Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market. A complete 360 degree analysis including product portfolio, business portfolio, developmental strategies, key developments from the companies in the historical period for the key players operating in the market is included in the report. Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request. All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.
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