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Growth For Devices That Can Make Surgery Easier on the Patient, According to Latest Report by Kalorama Information
Date:8/28/2013

New York, NY (PRWEB) August 28, 2013

Minimally invasive surgeries, such as laparoscopic hernia, endoscopy or knee repair, have grown in popularity due to their ability to limit patient trauma and hospital stay time, according to Kalorama Information. The medical market research publisher said this has boosted the worldwide market for devices used in these procedures, valued at $27.0 billion in 2012. This is an increase of 5.4% over $24.2 billion estimated for 2010. The finding was made in Kalorama Information’s newest report on the topic, “The World Market for Minimally Invasive Surgical Devices.”

The market has experienced a number of technological advances over the years providing more opportunity for minimally invasive options in surgeries which were only available as an invasive procedure, according to the report.

“The minimally invasive surgery (MIS) devices market is well positioned for growth in the next five years,” said Mary Ann Crandall, Kalorama analyst and the author of the report. “Advances in technology, biologics, stem cell research, and regenerative medicine will help to expand opportunities of MIS.”

Minimally invasive surgery (MIS) is available for many different types of surgical operations. Surgery involving the orthopedic system is one of the larger areas for minimally invasive techniques and equipment. For example, between 40 and 50% of knee surgeries in the United States and developed regions in Europe are performed with minimally invasive surgery. Gastrointestinal system surgeries account for the largest number of surgical procedures of any other segment. In the United States, approximately 12 million surgeries are performed on the gastrointestinal system each year. The most common procedure, which is done as a non-surgical and surgical procedure, is small and large intestine endoscopy, which may or may not include biopsy. Inguinal herniorrhaphy surgery follows with several
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