North America minimally invasive surgical instruments market is projected to grow at a CAGR of 7.28% from a market size of US$6.954 billion in 2017 during the forecast period and reach a market size of US$10.601 billion in 2023. Early adoption of advanced technologies coupled with the presence of major market players in the region contributes to the growth of North America minimally invasive surgical instruments market. Growing geriatric population and high demand for quality healthcare services in this region further supports the market growth of minimally invasive surgical instruments market in the region.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Minimally Invasive Surgical Instruments value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.
Major industry players profiled as part of the report are Aesculap, Inc., Medtronic, Smith and Nephew and Zimmer Biomet among others.
North America minimally invasive surgical Instruments market has been analysed through following segments:
Monitoring & Visualization Equipment