(EMAILWIRE.COM, December 16, 2017 ) Minimally invasive surgical procedures involve the use of surgery instruments (such as arthroscopic or laparoscopic devices) and remote controlled instruments to monitor the surgery through large display panel or endoscopy. Minimally invasive procedures eliminate large incisions & infections, reduce the long time hospital admission, and promote the early recovery. Currently, the utilization of minimally invasive surgical instruments has been increased. Some of the minimally invasive surgical instruments include, visualizing scope, stents, sutures, dilators, electrosurgical instruments, balloon inflation devices, guiding catheters, trocars, rasps, and cannulas, among others.

Increasing aging population, growing number of surgical procedures, rising government investments, high prevalence rate of lifestyle disorders, and increasing incidence of bone disorders (such as osteoporosis arthritis) & spine injuries are driving the growth of minimally invasive surgical instruments market in North America. However, stringent regulatory policies for the approval advanced surgery instruments and irregular reimbursement scenarios in this region are expected to restrain the growth of minimally invasive surgical instruments market in North America.

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North America minimally invasive surgical instruments market is segmented based on the product, application, and end users. Based on product, the market is further sub-segmented as handheld instruments, electrosurgical devices, inflation systems, guiding devices, cutter instruments, and auxiliary instruments. Handheld instruments segment is estimated to command the largest share of North America minimally invasive surgical instruments market by product in 2016. The electrosurgical devices segment is expected to grow at the highest CAGR during the forecast period 2016-2021.

Application segment is further categorized as orthopedic, gastrointestinal, cardiothoracic, urological, cosmetic, gynecology, vascular, and other applications. The orthopedic segment is estimated to command the largest share of North America minimally invasive surgical instruments market by application in 2016. Based on end users, the market is segmented as private hospitals & surgical clinics, government hospitals and academic & research institutes. The private hospitals & surgical clinics segment is estimated to account for the largest share of North America minimally invasive surgical instruments market by end users in 2016.

On the basis of geographical areas, North America minimally invasive surgical instruments market is segmented as U.S., and Canada. U.S., is estimated to account for larger share of the North America minimally invasive surgical instruments market in 2016, whereas Canada is estimated to grow at a higher CAGR during the forecast period 2016-2021.

The key players in minimally invasive surgical instruments market such as, Medtronic plc (Ireland), Ethicon, Inc. (U.S.), Aesculap, Inc. (Germany), Stryker Corporation (U.S.), Smith & Nephew (U.K.), ConMed Corporation (U.S.), Abbott Laboratories (U.S.), Applied Biomedical Resources Corporation (U.S.), Microline Surgical (Japan), and Zimmer Biomet (U.S.).

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