Global Minimally Invasive Surgical Devices Market

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MarketsandMarkets Presents
Minimally Invasive Surgical Devices Market
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The global minimally invasive surgical devices
market is classified into handheld instruments,
guiding devices, inflation systems, auxiliary
devices, ultrasound, X-ray, CT MRI imaging,
visualization systems, electrosurgical devices
and robotic systems. MIS market is expected to
grow at a faster rate with a CAGR of 8.2 and is
expected to reach 35.5 billion by 2016. Browse
gtgt 383 pages Report In-depth TOC on Minimally
Invasive Surgical Devices Market http//www.
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Market share analysis

Source MarketsandMarkets Analysis
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This report studies the global minimally invasive
surgical instruments, imaging visualization
systems and medical robotics market over the
forecast period 2011-2016. Minimally invasive
surgical (MIS) procedure refers to the surgery
performed with minute incisions in the body and
treating, 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, short length scars, low risk of
infection, bleeding and shorter hospital stays.
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The global minimally invasive surgical market has
seen challenging and dynamic market conditions,
but still remains strong, with a size of
approximately 23 billion in 2011 and an
estimated annual growth rate of 8 over the next
five years. A large number of technological
innovations in the devices used in such
procedures have been seen in the past years, with
newer devices coming up with better safety and
efficacy attributes contributing to widespread
adoption of the minimally invasive procedures by
physicians worldwide. Although widespread
investment in research and development for MIS is
still poor, venture funding will have a
tremendous impact on the overall revival, as
economic conditions improve gradually. The
worldwide market for minimally invasive surgery
devices and imaging visualization systems
including robotic systems is principally
commanded by major multinationals, such as
Intuitive Surgical, GE Healthcare, Philips,
Siemens and Covidien.
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