Minimally Invasive Surgical Instruments Market | Rapid Advancements In New Technologies To Boost The Market
A minimally invasive surgical (MIS) procedure refers to the surgery performed with minute incisions in the body; for instance, plaque blockages in the arteries of the heart and other vessel walls of peripheral organs, such as lower extremities, neck, kidneys, and brain. The principal advantage of these procedures over surgery is short recovery time, small scars, low risk of infection, less bleeding, and shorter hospital stays. The MIS market is expected to grow at a fast rate with a CAGR of 8.2% and is expected to reach $35.5 billion. The surgical instruments segment commanded the larger share; i.e. 38.4%, of the global minimally invasive surgical devices market. This growth has been primarily attributed to the increased usage of these devices and instruments in MIS procedures. Devices such as guiding catheters and guidewires as well as balloons have been widely used in interventional angioplasty and peripheral extremity MIS procedures. Numerous innovations in the t...