Minimally Invasive Surgery (MIS) video columns is a type of medical device, used in MIS processing, also some orthopedic surgery. MIS is performed without making a major incision, resulting in less traumas for the patient and acquiescent significant cost savings. These are consequences of shorter hospitalization times and reduced therapy desires. Monitoring or visualization equipment permits surgeons and other operating room personnel to see the process being performed in the patient's body by a specialized scope or on a video monitor. Additionally, technology if MIS video columns is relatively high, therefore only some manufacturers can provide these components, such as medical grade camera head and light source. Hence, the trade is relatively concentrated. Some key benefits are less pain, low cost of treatment, less scarring, less need for postsurgical pain medication, and less likelihood of complications related to the incision.
According to study, “World Minimally Invasive Surgery Video Column Market Research Report 2024(Covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world minimally invasive surgery video column market are Boston Scientific, B. Braun, Stryker Corp., Pentax, Karl Storz, Conmed, Richard Wolf, Covidien, Arthrex, Zeiss, Olympus Corp., Abbott Laboratories, Intuitive Surgical Inc., GE Healthcare, Medtronic PLC., Siemens Healthineers, Koninklijke Philips NV, Smith & Nephew, Zimmer Biomet. Key companies are directed on minimally invasive surgery video column research & development, along with mergers & acquisitions, and innovations in products, in order to support their market share.
Based on type, minimally invasive surgery video column market is segmented into cardiothoracic surgery video columns, gastrointestinal surgery video columns, orthopedic surgery video columns, aesthetic video columns, gynecological surgery video columns, urological surgery video columns and others. Orthopedic surgery segment holds significant share owing to increase in geriatric population base which is more prone to orthopedic disorders. Based on product type, market is segmented into handheld instruments, guiding devices (guide wires and guiding catheters), endoscopic devices, electrosurgical devices, laproscopic devices, robotic assisted surgical systems, monitoring & visualization devices, laser based devices and ablation devices. The endoscopy devices segment is projected to have a healthy growth rate due to their extensive use by surgeons as the guide for movement of surgical instruments, and also for localizing the surgical site. In addition, based on application, market is segmented into outpatient surgery clinics, hospitals with in-house surgery departments and others.
The minimally invasive surgery video column market is driven by growth in minimal surgeries for diagnosis of chest & other body parts, followed by rise in geriatric population of patient, increase in medical infrastructure, rise in medical tourism, growth in demand for technologically advanced products, and rise in shift towards modern techniques. However, uncertain regulatory framework and shortage of experienced professionals may impact the market.
Based on geography, the USA country holds major share, followed by EU in minimally invasive surgery video column market owing to increase in economy improvement and rise in demand of precise medical treatment in the country. China country is expected to witness higher growth rate due to growth in geriatric population and rise in medical infrastructure over the forecast period. It is anticipated that future of the market will be bright on account of rise in initiatives taken by various organizations in order to create people more aware and increase in funds for the treatment of disease over the forecast period.
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Ankur Gupta, Head Marketing & Communications