Minimally Invasive Surgery Market Size to Reach USD 228.85

From GlobeNewswire: 2025-03-06 09:30:00

The Minimally Invasive Surgery Market is projected to reach USD 228.85 billion by 2032, with a CAGR of 16.18% from 2024 to 2032. Advancements in surgical technologies and increasing demand for precision surgeries are driving this growth.

Globally, the demand for surgical procedures is expected to increase by 30% by 2030, with minimally invasive techniques playing a significant role. The U.S. alone saw over 6 million minimally invasive surgeries in 2023. Government investments in healthcare infrastructure and research are fueling market expansion.

Major players in the Minimally Invasive Surgery Market include Medtronic, Johnson & Johnson, Stryker Corporation, and Intuitive Surgical. These companies offer a range of innovative surgical devices and technologies to meet the growing demand for minimally invasive procedures.

In 2023, the surgical devices segment dominated the market with a 25% share, driven by the adoption of robotic-assisted systems like Intuitive Surgical’s da Vinci. Neurological surgery held the highest share in applications, while hospitals, clinics, and ablation centers generated the highest revenue share among end-users.

North America led the market in 2023, accounting for 42% of global revenue. The region’s advanced healthcare infrastructure and high adoption of surgical technologies, particularly in the U.S., have contributed to the growth of minimally invasive procedures for various conditions. The minimally invasive surgery (MIS) market in the Asia-Pacific region is expected to see significant growth due to factors such as improved healthcare infrastructure, increased healthcare spending, and awareness of minimally invasive techniques. Countries like China, India, and Japan are investing in modernizing healthcare, with initiatives like India’s Ayushman Bharat scheme and China’s 14th Five-Year Plan focusing on advanced surgical technologies.

In recent developments, Intuitive Surgical launched its da Vinci 5 robotic-assisted surgical system in 2023, featuring enhanced imaging and AI assistance. Medtronic also introduced a new minimally invasive spinal fusion system with FDA approval in January 2024. The presence of major market players like Intuitive Surgical and Medtronic further strengthens the region’s market position.

For more detailed insights into the MIS market, including analysis, statistics, and trends, you can access the complete report from SNS Insider. SNS Insider is a leading market research and consulting agency providing clients with accurate market data and insights to make informed decisions in a rapidly changing environment.



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