India Minimally Invasive Surgery Market Size 2023-2028

India Minimally Invasive Surgery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A3159

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Market Overview:

The India minimally invasive surgery market size reached US$ 712.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,054.2 Million by 2028, exhibiting a growth rate (CAGR) of 6.63% during 2023-2028.

Minimally invasive (MI) surgery is a surgical technique that makes use of small tools, cameras and lights for making cuts and incisions during surgical operations. It is considered a safer procedure than the traditional open surgeries as it involves lesser complications, quicker recovery, minimal blood loss, and shorter hospital stay. In India, minimally invasive surgical techniques are preferred by surgeons as this procedure aims to minimize the damage to human tissues. Moreover, the integration of robotic technology with MI surgeries has offered improved outcomes and allowed precise control of the process.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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The India minimally invasive surgery market is primarily driven by the growing geriatric population with an increased risk of arthritis, cancer, and cardiovascular diseases. The fewer risks and minimal procedural trauma associated with minimally invasive surgeries have resulted in higher success rates of these procedures, which, in turn, is catalyzing the market growth. Additionally, extensive investments made by the Government of India in the healthcare sector to develop advanced equipment are also providing a significant impact on the market. The utilization of new technologies, such as narrow-band imaging endoscopes and HD cameras, is further creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India minimally invasive surgery market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on product type, application and end user.

Breakup by Product Type:

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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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:

Hospitals
Clinics
Others

Breakup by Region:

North India
West and Central India
South India
East India

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	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Million
Segment Coverage	Product Type, Application, End User, Region
Region Covered	North India, West and Central India, South India, East India
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2299 Five User License: US$ 3399 Corporate License: US$ 4499
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

We expect the India minimally invasive surgery market to exhibit a CAGR of 6.63% during 2023-2028.

The growing risk of arthritis, cancer, and cardiovascular diseases, along with the rising adoption of minimally invasive surgical techniques for minimizing damage to the human tissues with fewer risks and lesser procedural trauma, is primarily driving the India minimally invasive surgery market.

The sudden outbreak of the COVID-19 pandemic had led to postponement of numerous elective surgical procedures to reduce the risk of the coronavirus infection upon hospital visits and interaction with medical equipment, thereby limiting the demand for minimally invasive surgeries across the nation.

Based on the product type, the India minimally invasive surgery market can be segmented into surgical devices, laparoscopy devices, and monitoring and visualization devices. Currently, surgical devices hold the majority of the total market share.

Based on the application, the India minimally invasive surgery market has been divided into bariatric surgery, breast surgery, cardiac surgery, cosmetic surgery, gastrointestinal surgery, gynaecological surgery, orthopedics and spine surgery, thoracic surgery, and others. Among these, cardiac surgery currently exhibits a clear dominance in the market.

Based on the end user, the India minimally invasive surgery market can be categorized into hospitals, clinics, and others. Currently, hospitals account for the largest market share.

On a regional level, the market has been classified into North India, West and Central India, South India, and East India, where South India currently dominates the India minimally invasive surgery market.

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