Minimally Invasive Surgery Market Size to Reach USD 228.85 Billion by 2032, Growing at a 16.18% CAGR | SNS Insider
Global Minimally Invasive Surgery Market Growth is Fueled by Technological Advancements and Rising Demand for Precision Surgery
Pune, March 06, 2025 (GLOBE NEWSWIRE) — According to SNS Insider, the Minimally Invasive Surgery Market size was valued at USD 68.93 billion in 2023 and is projected to reach USD 228.85 billion by 2032, exhibiting a CAGR of 16.18% from 2024 to 2032. This growth is fueled by advancements in surgical technologies, increasing demand for precision surgeries, and a growing preference for procedures that minimize patient recovery time and hospital stays.
Market analysis
Advancements in surgical techniques have led to a growing trend in minimally invasive approaches. Moreover, the investment in healthcare infrastructure by governments across the globe is anticipated to fuel the growth of the market. For example, the U.S Department of Health and Human Services invested more funds in the promotion of advanced surgical techniques and surgical technologies, while the European Union’s Horizon Europe Program grants fund research through precision medicine and innovative surgery. According to the World Health Organization (WHO), the global demand for surgical procedures is expected to increase by 30% by 2030, with minimally invasive techniques accounting for a significant portion of this growth. In 2023, the U.S. National Institutes of Health (NIH) reported that more than 6 million minimally invasive surgery occurred in the nation, confirming these techniques are increasingly preferred.
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Major Players Analysis Listed in this Report are:
- Medtronic (Hugo Robotic System, Mazor X Stealth Edition)
- Johnson & Johnson (Ethicon) (ECHELON FLEX Powered Stapler, Harmonic Scalpel)
- Stryker Corporation (MAKO Robotic-Arm Assisted Surgery, 1688 AIM 4K Camera System)
- Intuitive Surgical (da Vinci Surgical System, Ion Endoluminal System)
- Olympus Corporation (ENDOEYE 3D Camera System, VISERA ELITE II Surgical Imaging System)
- Zimmer Biomet (Rosa Knee System, Rosa Spine System)
- Smith & Nephew (CORI Surgical System, VISIONAIRE Patient Matched Instrumentation)
- Baxter International (Spectrum Infusion System, SurgiCount Safety System)
- Karl Storz (Image 1 S 4K System, Telecam SL Camera System)
- ConMed Corporation (Linvatec Instruments and Camera Systems, VisiGlide 2 Endoscopic Imaging System)
- Boston Scientific (SpyGlass DS Direct Visualization System, VIVA 360 Endoscope)
- Cook Medical (Cook Biopsy Instruments, Cook Endoscopic Imaging Systems)
- Medline Industries (Micro-Cut Scissors, MicroAire Powered Liposuction)
- Terumo Corporation (VascuGuard Surgical Patch, Pinnacle Biopsy Needle)
- NuVera Medical (NuVera Laser System, Laparoscopic Instrumentation)
- Raumedic (Biocompatible Tubing for MIS, Raumedic Endoscopic Instruments)
- Hoya Corporation (Endoscopic Imaging System, Surgical Microscope)
- Lumenis (VersaPulse Power Suite, UltraPulse DUO Laser System)
- Welch Allyn (Hill-Rom) (3.5 V LED Surgical Headlight, SureTemp Plus Thermometer)
- KARL STORZ (Arcus Video Endoscopy System, CytoCARE Cryotherapy System)
Minimally Invasive Surgery Market Report Scope
Report Attributes | Details |
Market Size in 2023 | US$ 68.93 billion |
Market Size by 2032 | US$ 228.85 billion |
CAGR | CAGR of 16.18% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Key Regional Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East]), Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
Key Growth Drivers | Increasing patient preference for procedures that offer faster recovery, minimal scarring, and fewer postoperative complications. |
Segment Analysis
By Product
In 2023, surgical devices segment dominated and accounted for 25% of the MIS market share. This category comprises instruments such as laparoscopes, endoscopes, and robotic-assisted systems, which allow for more accurate and less invasive techniques. Robotic systems, such as Intuitive Surgical’s da Vinci, are particularly used because of advanced imaging and dexterity. The Advancements such as AI-enabled surgical support and improved imaging technologies also help drive growth. The segment’s dominance can be attributed to the growing adoption of robotic-assisted therapies in complex procedures, including oncology and urology, where precision is critical.
By Application
In 2023, the neurological surgery held the highest share 20% of the MIS market. Techniques for minimally invasive brain and spinal surgeries are more frequently practiced in the hope of reducing complications and minimizing recovery time. Conditions such as brain tumors, spinal stenosis, and herniated discs are routinely treated using MIS techniques. Precision and safety of these procedures have improved with use of advanced imaging and navigation systems. The growth of the segment is also supplemented by the increasing prevalence of neurological disorders and the development of focused instruments for neurosurgery. where precision is critical.
By End-User
The hospitals, clinics, and ablation centers generated the highest revenue share in 2023. Hospitals are the leading end users owing to advanced infrastructure, availability of skilled surgeons, and ability to handle complex procedures. The market is also positively impacted by the increasing number of outpatient surgical centers and specialty clinics, which provide cost-effective and efficient alternatives to conventional hospital-based surgeries. The segment’s robust growth is attributed to the growing acceptance of MIS techniques for a varied set of operations from orthopedic surgeries, cardiovascular surgeries. Additionally, the rise of ambulatory surgical centers is expanding access to minimally invasive procedures, further boosting demand.
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Minimally Invasive Surgery Market Segmentation
By Product
- Surgical devices
- Handheld instruments
- Guiding devices
- Inflation systems
- Laparoscopy devices
- Imaging & visualization systems
- Ultrasound systems
- Ct scanners
- Mri systems
- X-ray systems
- Visualization systems
- Electrosurgical devices
- Electrocautery devices
- Electrosurgical generators & accessories
- Endoscopy devices
- Rigid endoscopes
- Flexible endoscopes
- Diagnostic endoscopes
- Medical robotics
- Robotic systems
- Robotic instruments
- Robotic software & services
By Application
- Cardiothoracic surgery
- Vascular surgery
- Neurological surgery
- Ent & respiratory surgery
- Cosmetic surgery
- Gastrointestinal & abdominal surgery
- Gynecological surgery=
- Urological surgery
- Orthopedic surgery
- Oncological surgery
- Dental surgery
- Other surgeries
By End User
- Hospitals, clinics, and ablation centers
- Ambulatory surgery centers
- Orthopedic, emergency, and trauma centers
- Other end users
Regional Outlook
North America held the largest market share in 2023, with 42% of the global revenue share. The region is at the forefront due to its advanced healthcare infrastructure, high adoption of latest surgical technologies over the country, and huge investments in research and development activities. The U.S. has seen a significant increase in minimally invasive procedures for conditions like cardiovascular disease, cancer, and certain orthopedic disorders, according to the U.S. Centers for Disease Control and Prevention (CDC). Additionally, the presence of major market players like Intuitive Surgical and Medtronic further strengthens the region’s market position.
The MIS market in the Asia-Pacific region is anticipated to grow at the highest rate during the forecast period. Key factors driving this growth are rapid improvements in healthcare infrastructure, rising healthcare expenditures, and growing awareness about minimally invasive techniques. Nations such as China, India and Japan are investing massively in modernizing healthcare. For example, the Indian government Ayushman Bharat scheme Idea is to provide affordable health services, including advanced surgical procedures, to a more comprehensive population. Likewise, China’s 14th Five-Year Plan stresses development of precision medicine and advanced surgical technologies.
Recent Developments
- In 2023, Intuitive Surgical launched its next-generation robotic-assisted surgical system, da Vinci 5, featuring enhanced imaging and AI-powered surgical assistance.
- In January 2024, With FDA approval Medtronic has recently launched its new minimally invasive spinal fusion system focused on reducing surgical time and desired patient outcomes.
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Table of Contents – Major Key Points
1. Introduction
2. Executive Summary
3. Research Methodology
4. Market Dynamics Impact Analysis
5. Statistical Insights and Trends Reporting
6. Competitive Landscape
7. Minimally Invasive Surgery Market by Product
8. Minimally Invasive Surgery Market by Application
9. Minimally Invasive Surgery Market by End User
10. Regional Analysis
11. Company Profiles
12. Use Cases and Best Practices
13. Conclusion
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