The global minimally invasive gastrointestinal surgical systems market is expected to witness a CAGR of 6.7% during the forecast period. The rise in investment for the advancement of healthcare infrastructure, growing evidence for effective and promising results in surgery assistance, extensive entry of industry players in developing MIS surgical systems will propel the market growth of minimally invasive gastrointestinal surgical systems globally.
Moreover, the rising complexities in clinical decision-making, growing radiologist workload, massive R&D investment are the factors that will further bolster the growth in the minimally invasive gastrointestinal surgical system market. Nevertheless, the global minimally invasive gastrointestinal surgical system market comprises large-scale and small-scale manufacturers and vendors that have many opportunities to expand their offerings and strengthen their foothold in the market due to technological development in the healthcare sector.
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Based on product type, the minimally invasive gastrointestinal surgical systems market is divided into conventional minimally invasive gastrointestinal surgical systems (MISS) and surgical robots. Surgical robots in minimally invasive gastrointestinal surgical systems will lead to smarter and more efficient assistive tools and devices owing to technological development and fast adoption in hospitals and clinical centers. Robot-assisted surgeries will allow surgeons to have control over surgical instruments and have a better view of the surgical site.
North America is the leading contributor to the minimally invasive gastrointestinal surgical systems market owing to the rising old-age population, growing adoption of minimally invasive surgical devices, rising healthcare expenditure and increasing health outcomes in the region.
Some of the major players in the global Minimally Invasive Gastrointestinal Surgical Systems market include Olympus Corporation, B. Braun Melsungen AG, Karl Storz SE & Co. KG, FUJIFILM Holdings Corporation, Ambu A/S, Medtronic, Intutive Surgical, Stryker, Asensus Surgical US, Inc., and Xenocor, Inc.
Source: VynZ Research