| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Market Size (2025) | USD 36.50 Billion |
| Market Size (2030) | USD 50.21 Billion |
| CAGR (2025 - 2030) | 6.59 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Minimally Invasive Surgery Devices Market Analysis
The Minimally Invasive Surgery Devices Market size is estimated at USD 36.50 billion in 2025, and is expected to reach USD 50.21 billion by 2030, at a CAGR of 6.59% during the forecast period (2025-2030).
The COVID-19 pandemic impacted the market significantly. Due to restricted hospital visits and delayed surgeries, the demand for Minimally Invasive Surgery Devices declined, hampering the growth of the Minimally Invasive Surgery Market during the initial phase of the pandemic. However, the lockdowns and restrictions were lifted, and Surgical Procedures started operating following specialized regulations from the beginning of 2021. For instance, according to an article published in July 2022 in the Global Journal of Medical Pharmaceutical and Biomedical Update, minimal access approaches were found safe during the COVID-19 pandemic with proper patient selection and additional precautions. As Minimally Invasive Surgery reduces the hospital stay, it needs to be considered as a means of decreasing disease transmission. Hence, developing and implementing proper guidelines has undeniably minimized the incidence of COVID-19 infection during the later phases. Consequently, the pandemic considerably affected the demand generation of MIS, which may continue in the future. Thus, as per the analysis, the market's growth is expected to increase and reach pre-pandemic levels during the forecast period.
Factors such as an increasing prevalence of lifestyle-related and chronic disorders and a rising preference for Minimally Invasive Procedures are the major contributors to the growth of the Minimally Invasive Surgery Devices Market.
MIS has several advantages, such as fewer incisions, less chance of infection, and rapid recovery time. Therefore, physicians recommend Procedures Using Minimally Invasive Surgical Instruments to treat chronic disorders such as gynecological, urological, gastrointestinal, and others due to such advantages. Thus, the adoption of these surgeries is increasing, propelling the growth of the Minimally Invasive Surgical Instruments Market in the Surgical Instruments Industry. For instance, according to the article published in the Annals of Medicine and Surgery Journal in October 2021, multiple facets of the conventional surgical method have been replaced by MIS while gaining interest due to improved survival, fewer complications, and rapid recoveries in recent years. Therefore, an increasing number of MIS is anticipated to propel the market's growth in the future.
Global and regional market players are developing and innovating advanced products in the Minimally Invasive Surgery Devices Market. For instance, in April 2021, Ambu Inc. received approval from Health Canada for aScope 4 Cysto, a single-use Endoscopic Devices platform for urology. In addition, in April 2021, Olympus Corporation, in collaboration with Veran Medical Technologies Inc., launched the US bronchoscopy portfolio of the 510(k)-cleared H-SteriScope Single-Use Bronchoscopes, a line of five premium Endoscopic Devices for use in advanced diagnostic and therapeutic procedures. Thus, such activities are anticipated to create opportunities for MIS Device innovation and development and fuel the Minimally Invasive Surgery Market Growth over the forecast period.
However, the lack of skilled professionals and the high cost of minimally invasive surgeries and devices are expected to hinder the growth of the Minimally Invasive Surgery Devices Market over the forecast period.
Minimally Invasive Surgery Devices Market Trends
Endoscopic Devices is Expected to be the Fastest-growing Segment During the Forecast Period
Endoscopic Devices are minimally invasive and can be inserted into natural openings of the human body to observe an internal organ or a tissue in detail. The surgeries performed using endoscopic devices are generally imaging procedures and minor surgeries. Endoscopy can be indicated for various types of conditions, such as gastrointestinal disorders, pancreatitis, gastric/stomach cancer, respiratory tract disorders, urinary tract disorders, etc. Due to their clinical significance, these devices are gaining market demand and are expected to continue their growth, propelling the Endoscopic Devices Market at a faster rate over the next few years.
Endoscopic Devices pose various advantages for the detection of various diseases, contributing to the growth of the Surgical Imaging Devices Market. For instance, as per an article published in December 2021 in Cancers Journal, the detection and diagnosis of stomach lesions have improved due to the ongoing advancements in endoscopic technologies over time. Endoscopic technologies have been continuously advancing to facilitate improvement in the detection and diagnosis of gastric lesions. Thus, owing to the burden of cancer globally, the demand for Endoscopic Devices is likely to rise. This is expected to propel the endoscopic devices segment during the forecast period.
The market for an endoscope is expected to be driven by favorable reimbursement policies, technological advancements, and an increasing number of new players in the Endoscopic Devices Market. As per the September 2022 update by KARL STORZ, the company manufactures best-in-class endoscopes in Sydney, Australia. In addition to the Sydney location, the company operates in more than 40 countries worldwide. Thus, the presence of such global and regional manufacturers focused on developing innovative Minimally Invasive Surgical Devices is anticipated to garner the segment's growth during the forecast period.
Understand The Key Trends Shaping This Market
Download PDF
North America is Expected to Hold a Significant Share of the Market Over the Forecast Period
North America held a major share of the Global Minimally Invasive Surgery Devices Market in the past few years, and it is expected to show a similar trend over the forecast period, primarily due to the high burden of diseases requiring Minimally Invasive Procedures and increasing awareness about MIS.
In North America, the United States is expected to hold a major market share during the forecast period due to the high prevalence of chronic diseases such as cardiovascular diseases, cancer, and neurological diseases. For instance, according to the data updated by CDC in October 2022, every 34 seconds, a person suffers from cardiovascular disease in the United States, showing a high burden of the disease in the country, creating the need for surgeries. This is expected to create opportunities for Minimally Invasive Surgical Procedures in the country and drive the Minimally Invasive Surgery Devices Market Growth over the forecast period.
Technological advancements in various surgical devices used for MIS developed by key market players and new device launches are further expected to complement the growth of the market in the region. For instance, in May 2021, the Food and Drug Administration approved the NaviCamTM Magnetically Controlled Capsule Endoscopy (MCCE) system for premarketing. In addition, in March 2021, Misonix Inc., a provider of minimally invasive therapeutic ultrasonic medical devices and regenerative products, received a Health Canada license for the neXus Ultrasonic Surgical System. neXus is a powerful, highly-integrated, and easy-to-use system incorporating the latest advances in ultrasonic technology for increased efficiency and efficacy in treating procedures across various surgeries, including Laparoscopic Surgery. Thus, such product launches are anticipated to fuel the growth of the Minimally Invasive Surgery Devices Market in the region over the forecast period.
Get Analysis on Important Geographic Markets
Download PDF
Minimally Invasive Surgery Devices Industry Overview
The Minimally Invasive Surgery Devices Market is competitive and fragmented, owing to the presence of various key players in the market. Many market players are investing significant resources in new product innovation, offering novel devices such as Robotic Surgical Devices to treat patients, and delivering high-quality and life-sustaining treatment. Some of the market players are Abbott Laboratories, HOYA Corporation, Intuitive Surgical Inc., Koninklijke Philips NV, Medtronic PLC, Olympus Corporation, Boston Scientific, and Stryker. The presence of these companies contributes to the competitive nature of the Surgical Robotics Market and the broader Surgical Instruments Industry.
Minimally Invasive Surgery Devices Market Leaders
-
Medtronic PLC
-
Olympus Corporation
-
Boston Scientific
-
Stryker Corporation
-
HOYA Corporation
- *Disclaimer: Major Players sorted in no particular order
Need More Details on Market Players and Competiters?
Download PDF
Minimally Invasive Surgery Devices Market News
- In January 2023, PENTAX Medical obtained CE marks for its PENTAX Medical INSPIRA, the new premium video processor, and the i20c video endoscope series. The new video processor maintains compatibility with PENTAX Medical's recent endoscope models and sets new standards with the new i20c video endoscope generation.
- In June 2022, Boston Scientific signed a deal with South Korea's Synergy Innovation to purchase its majority stake in M.I.Tech, a maker and distributor of non-vascular metal stents used in endoscopic and urologic procedures. Boston Scientific offered nearly KRW 14,500 (about USD 11) per M.I.Tech share, with the total price coming out to KRW 291.2, or about USD 230 million.
Minimally Invasive Surgery Devices Industry Segmentation
As per the scope of this report, minimally invasive surgical devices refer to electrosurgical systems, robot-assisted surgical systems, and surgical equipment used during minimally invasive procedures. Minimally invasive surgery refers to any surgical procedure performed through tiny incisions instead of a large opening, leading to quicker recovery, minimal blood loss, and less pain than traditional open surgery.
The minimally invasive surgery devices market is segmented by product (handheld instruments, guiding devices, electrosurgical devices, endoscopic devices, laparoscopic devices, monitoring and visualization devices, ablation devices, laser-based devices, robotic-assisted surgical systems, and other MIS devices), application (aesthetic, cardiovascular, gastrointestinal, gynecological, orthopedic, urological, and other applications), and geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for all the above segments.
| Product | Handheld Instruments | ||
| Guiding Devices | Guiding Catheters | ||
| Guidewires | |||
| Electrosurgical Devices | |||
| Endoscopic Devices | |||
| Laproscopic Devices | |||
| Monitoring and Visualization Devices | |||
| Ablation Devices | |||
| Laser-based Devices | |||
| Robotic-assisted Surgical Systems | |||
| Other MIS Devices | |||
| Application | Aesthetic | ||
| Cardiovascular | |||
| Gastrointestinal | |||
| Gynecological | |||
| Orthopedic | |||
| Urological | |||
| Other Applications | |||
| Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Italy | |||
| Spain | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| Japan | |||
| India | |||
| Australia | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Middle East and Africa | GCC | ||
| South Africa | |||
| Rest of Middle East and Africa | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
Need A Different Region or Segment?
Customize Now
Minimally Invasive Surgery Devices Market Research FAQs
How big is the Minimally Invasive Surgery Devices Market?
The Minimally Invasive Surgery Devices Market size is expected to reach USD 36.50 billion in 2025 and grow at a CAGR of 6.59% to reach USD 50.21 billion by 2030.
What is the current Minimally Invasive Surgery Devices Market size?
In 2025, the Minimally Invasive Surgery Devices Market size is expected to reach USD 36.50 billion.
Who are the key players in Minimally Invasive Surgery Devices Market?
Medtronic PLC, Olympus Corporation, Boston Scientific, Stryker Corporation and HOYA Corporation are the major companies operating in the Minimally Invasive Surgery Devices Market.
Which is the fastest growing region in Minimally Invasive Surgery Devices Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Minimally Invasive Surgery Devices Market?
In 2025, the North America accounts for the largest market share in Minimally Invasive Surgery Devices Market.
What years does this Minimally Invasive Surgery Devices Market cover, and what was the market size in 2024?
In 2024, the Minimally Invasive Surgery Devices Market size was estimated at USD 34.09 billion. The report covers the Minimally Invasive Surgery Devices Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Minimally Invasive Surgery Devices Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Our Best Selling Reports
Minimally Invasive Surgical Instruments Industry Report
Statistics for the 2025 Minimally Invasive Surgery Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Minimally Invasive Surgery Devices analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
