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The Saudi Arabian market for minimally invasive devices is currently estimated to be worth USD1.055 billion for the year 2014 and is expected to reach USD 1.285 billion by the end of 2019. The CAGR during this period of the forecast is projected to be 8.49%.
This escalation is developing the need to analyze, review and forecast the growth of the minimally invasive device market. Owing to the rapid evolution of the market in the use of technology, medical device companies that are able to launch new innovative equipment will be rewarded with huge benefits.
Saudi Arabia Minimally Invasive Surgery Devices Market-Market Dynamics
The report details several factors driving and restraining the market. Some of these are listed below.
Drivers
Some of the factors contributing to the growth of the market are:
Restraints
Lack of properly skilled labor and stringent regulatory framework are the major challenges faced by the minimally invasive devices market.
The report studies in detail the different minimally invasive devices, which include surgical equipment, monitoring & visualization equipment, robotic-assisted surgical systems and electrosurgical equipment. Monitoring & visualization equipment currently dominate the market and are set to dominate it the future also.
What the Report Offers
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