A minimally invasive surgery (MIS) usually involves small incisions (cuts) and few stitches. Some of the instruments used in these surgeries include handheld instruments, electrosurgical instruments, guiding devices, and inflation systems. The minimally invasive surgical instruments market in 2016 was valued at over $28.7 billion and according to the research report published by P&S Intelligence, the market is projected to grow at a swift rate during the forecast period. The growth led by growing geriatric population, surge in prevalence of chronic diseases, increasing government healthcare expenditure, and growing demand for minimally invasive surgeries globally.

There has been a paradigm shift in surgical procedures from conventional surgeries to minimally invasive surgeries. Minimally invasive surgeries are video assisted and are more accurate. These surgeries involve smaller incisions and less scarring, retaining the organs original structure without deforming their cellular layers. The carbon dioxide used in minimal invasive surgery to enlarge the abdominal cavity helps to reduce blood loss during surgery. Moreover, less post-operative pain in minimally invasive surgeries contribute to the growing popularity of minimally invasive surgeries. Further, there is a significant increase in geriatric population, image perfection trend, and health awareness, globally. Geriatric population is vulnerable to various chronic diseases such as cardiovascular diseases, cancer, obesity, and arthritis. Moreover, plastic and reconstructive surgeries, which are generally performed for cosmetic purposes, have also gained popularity.

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According to the American Society of Plastic Surgery (ASPS), the rate of minimally invasive cosmetics procedures in the U.S. have increased by 3% from 2015 to 2016; which is equal to 15.5 million procedures. Furthermore, it is also stated that in 2016, America spent $16 million on surgical and minimally invasive cosmetic procedures. The da Vinci Surgical System is a robotic surgical system using a minimally invasive approach. According to the Emergency Care Research Institute (ECRI), 570,000 da Vinci robotic procedures were performed in 2014; which were 178% more compared to 2009. In addition, the hospital stays of the patient and the cost of operation have been reduced compared to the traditional surgeries methods. These factors are expected to boost the growth of the global MIS instruments market.

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Some of the key players operating in the minimally invasive surgical instruments market are B. Braun Melsungen AG, Applied Medical Resources Corporation, HOYA Corporation, CONMED Corporation, Abbott Laboratories, Stryker Corporation and Johnson and Johnson.

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