Minimally invasive surgery (MIS) is transforming various medical fields, with gynecology being a prominent application. Techniques such as laparoscopy are increasingly utilized for procedures such as hysterectomies and myomectomies, offering patients faster recovery times, reduced pain, and shorter hospital stays. These approaches, characterized by small incisions and specialized tools, minimize damage to surrounding tissues compared to traditional open surgery. The global minimally invasive surgery market in gynecology underscores a shift towards safer, more efficient surgical practices, providing patients with better outcomes and improved quality of life.
Global Minimally Invasive Surgery Market size was valued at USD 38,069.40 million in 2021 and is projected to reach USD 73,116.25 million by 2029, with a CAGR of 8.50% during the forecast period of 2022-2029.
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Below are the Top Minimally Invasive Surgery Companies with a Significant Market Share:
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Rank
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Company
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Overview
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Product Portfolio
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Sales Geographical Coverage
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Developments
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1.
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Medtronic
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As a leading medical technology company, Medtronic offers a range of minimally invasive surgical solutions, including advanced imaging systems, surgical instruments, and robotic-assisted platforms. They focus on innovation to enhance surgical precision, patient outcomes, and healthcare efficiency.
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North America, South America, Europe, Asia-Pacific, and Middle East and Africa
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In May 2021, Medtronic announced the launch of a new paediatric monitor SonarMed, which will alert clinicians to potential airway obstruction during ventilation. This will help the clinician provide the vital information required and allow the company to increase its sales.
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2.
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Stryker
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Stryker is a global leader in medical technology, offering a diverse portfolio of minimally invasive surgical products and solutions. Their offerings include endoscopic equipment, navigation systems, and robotic-assisted platforms aimed at improving surgical accuracy, patient recovery, and overall healthcare outcomes.
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Americas, Europe, Asia-Pacific, and Middle East and Asia
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In November 2020, Stryker announced that it had acquired the Wright Medical Group N.V., a medical devices company focused on extremities and biologics across the globe. This acquisition done by the company has increased the product portfolio of the company, leading to increased sales and demand for its products in the future.
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3.
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B. Braun SE
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B. Braun SE is a renowned healthcare company known for its high-quality medical devices and solutions, including those for minimally invasive surgery. They provide a wide range of surgical instruments, endoscopic systems, and advanced technologies designed to optimize surgical procedures and patient care.
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North America, South America, Asia-Pacific, Europe, and Africa
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4.
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Intuitive Surgical
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Intuitive Surgical is a pioneer in robotic-assisted minimally invasive surgery, with their da Vinci Surgical System being a widely adopted platform across various surgical specialties. Their technology enables surgeons to perform complex procedures with enhanced precision, skill, and control, resulting in improved patient outcomes and reduced recovery times.
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North America, Europe, Asia-Pacific
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In October 2021, Intuitive Surgical announced the launch of Intuitive Ventures. The inaugural USD 100 million funds will invest in the future leaders of minimally invasive care. This venture launch by the company has increased the company's product portfolio, leading to increased sales and demand for its products in the future.
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5.
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Johnson & Johnson Services, Inc.
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Johnson & Johnson is a diversified healthcare company that offers a comprehensive range of minimally invasive surgical products and solutions. From surgical instruments and advanced visualization systems to robotics and digital technologies, they strive to empower surgeons and healthcare providers with innovative tools to deliver superior patient care and outcomes.
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Europe, Asia-Pacific, South America, North America, and Middle East and Africa
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In December 2020, Johnson & Johnson Services Inc., participated in the 39th annual J.P. Morgan Healthcare Conference. This helped the company gain the correct knowledge about their product and helped the company further grow in the coming years.
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Conclusion
In the dynamic landscape of the minimally invasive surgery market, key players such as Medtronic, Stryker, B. Braun SE, Intuitive Surgical, and Johnson & Johnson Services, Inc. stand at the forefront of innovation. Their diverse portfolios encompass advanced technologies and surgical solutions aimed at enhancing precision, reducing invasiveness, and improving patient outcomes. From robotic-assisted platforms to cutting-edge imaging systems, these companies drive the evolution of minimally invasive surgery, revolutionizing healthcare practices worldwide. With a commitment to excellence and a focus on advancing surgical techniques, they continue to shape the future of healthcare by providing surgeons and patients with state-of-the-art tools and technologies for optimal surgical care.
