Market Overview:
The Asia Pacific minimally invasive surgery market size reached US$ 6.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 13.6 Billion by 2032, exhibiting a growth rate (CAGR) of 7.99% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 6.7 Billion |
Market Forecast in 2032
|
US$ 13.6 Billion |
Market Growth Rate (2024-2032) |
7.99% |
Minimally invasive surgery (MIS) is performed using various techniques to limit the size and number of cuts or incisions during the procedure. In this method, doctors use small tools, cameras, and lights for performing the operations. MIS are considered a safer alternative to conventional open surgeries as they ensure reduced hospital stay duration, recovery time, and patient trauma and complications. As a result, these surgeries have gained preference among surgeons and patients in the Asian Pacific region.
The Asia Pacific MIS market is primarily driven by the growing incidences of diseases like cardiac illness, arthritis, and cancer. Along with this, the increasing geriatric population is also escalating the demand for MIS. The growing government support in the development of MI equipment is also positively impacting the market growth. For instance, the collaboration between the Japanese government and the universities and companies to develop MIS equipment is driving innovation in the market. Moreover, technological advancements in the fields of medical robotics and telemedicine are further propelling the demand for MIS procedures.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific minimally invasive surgery market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on product type, application and end user.
Breakup by Product Type:
- Surgical Devices
- Laparoscopy Devices
- Monitoring and Visualization Devices
Breakup by Application:
- Bariatric Surgery
- Breast Surgery
- Cardiac Surgery
- Cosmetic Surgery
- Gastrointestinal Surgery
- Gynaecological Surgery
- Orthopedics and Spine Surgery
- Thoracic Surgery
- Others
Breakup by End User:
Breakup by Country:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Product Type, Application, End User, Country |
Countries Covered |
China, Japan, India, South Korea, Australia, Indonesia, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Asia Pacific minimally invasive surgery market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Asia Pacific minimally invasive surgery market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Asia Pacific minimally invasive surgery market and who are the key players?
- What is the degree of competition in the industry?