Global Minimally Invasive Surgical (MIS) Instruments Market Driven by Growing Preference for MIS Procedures

These are the latest findings of Grand View Research (San Francisco, CA, USA), a market research and consulting company.

Based on device, the handheld instruments segment accounted for the largest revenue share of the MIS instruments market in 2022. However, the electrosurgical devices segment is predicted to experience the fastest growth rate during the forecast period from 2023 to 2030. On the basis of application, the orthopedic segment held the largest revenue share of the MIS instruments market in 2022. MIS procedures within orthopedics provide surgical options that cause minimal tissue disruption. Furthermore, the ongoing adoption of MIS techniques for spine-related procedures has led to an increase in procedural volumes for orthopedic MIS.

Based on end use, the hospital segment held the largest revenue share of the MIS instruments market in 2022. However, the ambulatory surgical center segment is expected to experience the fastest growth in the coming years. Geographically, North America held the majority share of the global MIS instruments market in 2022, primarily due to the supportive reimbursement framework for innovative MIS devices and procedures in the region.

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