North America Minimally Invasive Devices Market - Growth, Trends and Forecasts (2020 - 2025)

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The North America minimally invasive devices market was valued at USD 15.98 billion in 2016 and is projected to reach USD 24.06 billion by 2021, at a CAGR of 8.53% during the forecast period from 2016 to 2021.

North America Minimally Invasive Devices Market-Market Dynamics

The report details several factors driving and restraining the market. Some of these have been listed below.


Contributing to the growth of the market are factors such as:                                  

  • Recent technological advancements in this field
  • Ever-increasing demand for minimally invasive procedures
  • The ultimate goal of having a better quality of patient life
  • Exponential rise in the aging population all over the globe
  • Reduced healthcare costs when compared to normal surgical procedure


Lack of properly skilled labor has been hindering the market growth. Along with this, the regulatory framework for the minimally invasive devices has been stringent across the globe and is an issue that needs to be resolved for the proper growth of the market.

The market is segmented into four categories. The first segment being the type of device being used, which includes mainly surgical devices, monitoring and visualizing equipment like MRI scanners, CT scanners, robotic surgical assisted device and electrosurgical equipment. The second segment is based on the type of technology used, which includes techniques like endoscopy, arthroscopy, laparoscopy and other techniques. The third segment is the major applications of the minimally invasive devices market. These can be in the fields of cardiovascular surgery, bariatric surgery, colorectal surgery, ENT surgery, gastrointestinal surgery, orthopedic surgery, liver & respiratory care and a few others. On the basis of geography, the market has been segmented into the US, Mexico, and Canada.

The US occupies a market share as high as 65%, which is the largest market in the world. Following the US, Canada is the second biggest market in North America, which holds a market share of 15%.

Some of the key players in the market are:

  • Arthrex
  • Arthro Care Corporation
  • Biomet
  • Boston Scientific Corporation
  • Intuitive Surgical, Inc.
  • Johnson & Johnson, Inc.
  • MAKO Surgical Corporation

Key Deliverables in the Report

  • Market analysis for the North America Minimally invasive devices market, with region-specific assessments and competition analysis.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the North America minimally invasive devices market on both global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.

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