UK Minimally Invasive Surgery Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The United Kingdom Minimally Invasive Surgery Devices Market is segmented by Product, Application (Aesthetic, Cardiovascular, Gastrointestinal, Gynaecological, Orthopaedic, Urological, and Other Applications).

Market Snapshot

Market Snapshot1
Study Period: 2018 - 2026
Base Year: 2019
CAGR: 5.9 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The United Kingdom Minimally Invasive Surgery Devices Market is expected to register a CAGR of 5.9%, over the forecast period. The major factors for the growth of the United Kingdom minimally-invasive surgery devices market include increasing prevalence of lifestyle-related and chronic disorders, along with rising geriatric population in the country and technological advancements.

The growing burden of chronic diseases along with rising geriatric population in United Kingdom is likely to lead to increased demand for minimally invasive surgery devices. For instance, as per Versus Arthritis, in 2019, it was estimated that over 18% of people who were above 45 year of age in England had osteoarthritis of the knee which ultimately rises surgical procedures and drives market growth in near future.

Furthermore, according to the British Heart Foundation 2020 Factsheet, as of 2020, there are around 7.4 million people living with heart and circulatory diseases in the United Kingdom which is expected to drive market growth as this will be increase use of minimally invasive surgical devices in the management of the diseases. Thus, owing to above mentioned factors it is expected to increase demand for minimally invasive surgical devices during the forecast period.

Scope of the report

As per the scope of this report, minimally-invasive surgical devices refer to electrosurgical systems, robot-assisted surgical systems, and surgical equipment, which are used during the minimally-invasive procedure. The United Kingdom Minimally Invasive Surgery Devices Market is segmented by product and application.

By Products
Handheld Instruments
Guiding Devices
Electrosurgical Devices
Endoscopic Devices
Laproscopic Devices
Monitoring and Visualization Devices
Robotic Assisted Surgical Systems
Ablation Devices
Laser Based Devices
Other MIS Devices
By Application
Aesthetic
Cardiovascular
Gastrointestinal
Gynecological
Orthopedic
Urological
Other Applications

Report scope can be customized per your requirements. Click here.

Key Market Trends

Gastrointestinal Segment, under Application, is expected to be the Fastest Growing Segment Over the Forecast Period.

The major factors driving the growth of the gastrointestinal segment is due to rising incidence of gastrointestinal diseases in the young, adult, and geriatric groups. Dyspepsia, irritable-bowel syndrome, and constipation are some of the examples of gastrointestinal disorders. Minimally-invasive surgery has gained popularity for benign diseases, and has proved its safety and efficacy over traditional methods, owing to which, it has gained substantial attention in the past several years.

As per Bowel Interest Group 2019 report, during 2017-18, approximately 71,430 people in England were admitted to hospital with constipation equivalent to 196 people a day and around 162 million Pounds was spent by NHS England on treating constipation condition. Thus, owing to above mentioned factors it is expected to show significant growth over the forecast period.

UK gastro key trend 1.png

To understand key trends, Download Sample Report

Competitive Landscape

The United Kingdom Minimally Invasive Surgery Devices Market is consolidated, owing to the presence of a few key players in the market. Some of the market players are Stryker Corporation, Medtronic PLC, Olympus Corporation, Abbott Laboratories, Zimmer Biomet and others

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Prevalence of Lifestyle-related and Chronic Disorders

      2. 4.2.2 Technological Advancements

    3. 4.3 Market Restraints

      1. 4.3.1 Shortage of Experienced Professionals

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Products

      1. 5.1.1 Handheld Instruments

      2. 5.1.2 Guiding Devices

      3. 5.1.3 Electrosurgical Devices

      4. 5.1.4 Endoscopic Devices

      5. 5.1.5 Laproscopic Devices

      6. 5.1.6 Monitoring and Visualization Devices

      7. 5.1.7 Robotic Assisted Surgical Systems

      8. 5.1.8 Ablation Devices

      9. 5.1.9 Laser Based Devices

      10. 5.1.10 Other MIS Devices

    2. 5.2 By Application

      1. 5.2.1 Aesthetic

      2. 5.2.2 Cardiovascular

      3. 5.2.3 Gastrointestinal

      4. 5.2.4 Gynecological

      5. 5.2.5 Orthopedic

      6. 5.2.6 Urological

      7. 5.2.7 Other Applications

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Medtronic PLC

      2. 6.1.2 Olympus Corporation

      3. 6.1.3 Siemens Healthineers

      4. 6.1.4 Koninklijke Philips NV

      5. 6.1.5 GE Healthcare

      6. 6.1.6 Abbott Laboratories

      7. 6.1.7 Intuitive Surgical Inc

      8. 6.1.8 Smith & Nephew

      9. 6.1.9 Stryker Corporation

      10. 6.1.10 Zimmer Biomet

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The United Kingdom Minimally Invasive Surgery Devices Market market is studied from 2018 - 2026.

The United Kingdom Minimally Invasive Surgery Devices Market is growing at a CAGR of 5.9% over the next 5 years.

Stryker Corporation, Medtronic PLC, Olympus Corporation, Abbott Laboratories, Zimmer Biomet are the major companies operating in United Kingdom Minimally Invasive Surgery Devices Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!