Market Overview:
The global mini invasive orthopaedic surgery system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of musculoskeletal disorders, technological advancements in mini invasive orthopaedic surgery systems and rising demand for minimally invasive surgeries. Based on type, the retractors segment is expected to account for the largest share of the global mini invasive orthopaedic surgery system market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to factors such as rising demand for minimally invasive surgeries and technological advancements in retractors. Based on application, hospitals are expected to account for the largest share of the global mini invaive orthopaedic surgery system market in 2018 followed by clinics.
Product Definition:
A mini invasive orthopaedic surgery system is a medical device that helps surgeons perform minimally invasive orthopaedic surgeries. These surgeries are less traumatic than traditional open surgeries, and result in less pain and faster healing times for the patient. The mini invasive orthopaedic surgery system consists of a number of small instruments that are inserted through tiny incisions in the skin. These instruments allow the surgeon to repair or replace bones, cartilage, and ligaments without making large cuts in the body.
Retractors:
Retractors are instruments used by orthopaedic surgeons to gain better access to the surgical site. They are categorized into two types: passive and active. The most commonly used retractor in mini invasive orthopedic surgery is the active retractor as it provides more leverage than a passive one.
Pedicle Screw Positioning Systems:
The global pedicle screw positioning systems and it's usage in mini invasive orthopaedic surgery system market size was valued at USD 6.5 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing incidence of bone fractures, growing geriatric population base, rising awareness about minimally invasive surgeries among patients & surgeons are few factors that can be attributed for the growth of this market during the forecast period.
Application Insights:
The hospital application segment dominated the global mini invasive orthopaedic surgery system market in 2017. This is attributed to rising prevalence of chronic diseases, such as cancer and cardiovascular diseases. According to WHO, cancer will be the second leading cause of deaths by 2030 globally. Thus, increasing number of patients suffering from musculoskeletal disorders is expected to drive demand for minimally invasive orthopedic procedures during the forecast period.
Minimally invasive surgeries have a lower risk profile and are performed in a hospital setting with an operating room equipped with state-of-the-art technology compared to traditional open surgeries which are performed in an outpatient setting without such advanced technologies or facilities at hospitals or clinics. As a result, hospitals account for largest share of this application segment due to growing incidence rate of various life threatening conditions along with high cost associated with these procedures which encourages adoption towards minimally invasive surgeries over other conventional methods thus contributing towards higher share held by this segment globally during the forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the increasing prevalence of osteoarthritis and other orthopedic conditions, rising geriatric population, high per capita healthcare expenditure, and availability of advanced technology in this region. Moreover, growing number of research projects on mini-OS is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative CAGR during the forecast period owing to factors such as improving healthcare infrastructure & affordability along with rising patient awareness regarding available treatment options & benefits associated with them. In addition, favorable government initiatives for R&D activities are also expected to contribute towards regional growth over the next eight years time frame.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgery (MIS) is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily due to the benefits offered by MIS over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Mini Invasive Orthopaedic Surgery System is one of the key segments of the MIS market and is expected to grow at a higher rate than the overall market during the forecast period.
- Technological advancements: The development of new technologies has helped mini invasive orthopaedic surgery systems become more efficient and accurate in performing surgeries. For instance, 3D printing technology has been used in some systems to create patient-specific surgical guides that help surgeons achieve better results with minimal damage to surrounding tissues. Such technological advancements are likely to fuel the growth of this market in future years.
- creating a large pool of patients who are susceptible to various musculoskeletal disorders such as arthritis, osteoporosis, and fractures . This will drive demand for mini invasive orthopaedic surgeries as they offer several advantages over traditional treatments for these disorders ,such as less pain ,faster healing times ,and lower risk of complications .
Scope Of The Report
Report Attributes
Report Details
Report Title
Mini Invasive Orthopaedic Surgery System Market Research Report
By Type
Retractors, Pedicle Screw Positioning Systems, Resurfacing Systems
By Application
Hospital, Clinics, Medical Colleges
By Companies
B. Braun, Zimmer Biomet, ChoiceSpine, Johnson&Johnson, Kirwan Surgical Products, Life Spine, Orthofix, Precision Spine, Stryker
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Mini Invasive Orthopaedic Surgery System Market Report Segments:
The global Mini Invasive Orthopaedic Surgery System market is segmented on the basis of:
Types
Retractors, Pedicle Screw Positioning Systems, Resurfacing Systems
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinics, Medical Colleges
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- B. Braun
- Zimmer Biomet
- ChoiceSpine
- Johnson&Johnson
- Kirwan Surgical Products
- Life Spine
- Orthofix
- Precision Spine
- Stryker
Highlights of The Mini Invasive Orthopaedic Surgery System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Retractors
- Pedicle Screw Positioning Systems
- Resurfacing Systems
- By Application:
- Hospital
- Clinics
- Medical Colleges
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mini Invasive Orthopaedic Surgery System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Mini Invasive Orthopaedic Surgery System is a minimally invasive surgical system that uses small incisions to perform surgery. This system is used to treat conditions such as arthritis, spinal cord compression, and herniated discs.
Some of the major players in the mini invasive orthopaedic surgery system market are B. Braun, Zimmer Biomet, ChoiceSpine, Johnson&Johnson, Kirwan Surgical Products, Life Spine, Orthofix, Precision Spine, Stryker.
The mini invasive orthopaedic surgery system market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mini Invasive Orthopaedic Surgery System Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Mini Invasive Orthopaedic Surgery System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Mini Invasive Orthopaedic Surgery System Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Mini Invasive Orthopaedic Surgery System Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Mini Invasive Orthopaedic Surgery System Market Size & Forecast, 2020-2028 4.5.1 Mini Invasive Orthopaedic Surgery System Market Size and Y-o-Y Growth 4.5.2 Mini Invasive Orthopaedic Surgery System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Retractors
5.2.2 Pedicle Screw Positioning Systems
5.2.3 Resurfacing Systems
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinics
6.2.3 Medical Colleges
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mini Invasive Orthopaedic Surgery System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mini Invasive Orthopaedic Surgery System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Retractors
9.6.2 Pedicle Screw Positioning Systems
9.6.3 Resurfacing Systems
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinics
9.10.3 Medical Colleges
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Retractors
10.6.2 Pedicle Screw Positioning Systems
10.6.3 Resurfacing Systems
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinics
10.10.3 Medical Colleges
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Retractors
11.6.2 Pedicle Screw Positioning Systems
11.6.3 Resurfacing Systems
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinics
11.10.3 Medical Colleges
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Retractors
12.6.2 Pedicle Screw Positioning Systems
12.6.3 Resurfacing Systems
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinics
12.10.3 Medical Colleges
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Retractors
13.6.2 Pedicle Screw Positioning Systems
13.6.3 Resurfacing Systems
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinics
13.10.3 Medical Colleges
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mini Invasive Orthopaedic Surgery System Market: Competitive Dashboard
14.2 Global Mini Invasive Orthopaedic Surgery System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B. Braun
14.3.2 Zimmer Biomet
14.3.3 ChoiceSpine
14.3.4 Johnson&Johnson
14.3.5 Kirwan Surgical Products
14.3.6 Life Spine
14.3.7 Orthofix
14.3.8 Precision Spine
14.3.9 Stryker