Minimally Invasive Gastrointestinal Surgical Systems Market is on an Upward Growth Curve

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " Minimally Invasive Gastrointestinal Surgical Systems Market – (By Product Type (Conventional Minimally Invasive Gastrointestinal Surgical Systems (MISS) (Endoscopes and Endoscopy Systems (Rigid Endoscopes, Flexible Endoscopes, Capsule Endoscopy (Workstations and Data Recorders, Capsules, Others)), Videoscopes, Endoscopy Ultrasound, Therapeutic Energy Devices, Point of Sales), Surgical Robotics (Robotic Systems, Robotic Surgery Instruments and Accessories, Services)), By Surgery (Adrenalectomy, Appendectomy, Bariatric Surgery, Cholecystectomy, Colon & Rectal Surgery, Foregut Surgery, Hernia Repair, Others), By End-User (Specialty Clinics, Hospitals, Ambulatory Surgical Centers)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Minimally Invasive Gastrointestinal Surgical Systems Market is valued at US$ 5.75 Bn in 2023, and it is expected to reach US$ 9.88 Bn by 2031, with a CAGR of 7.2% during the forecast period of 2024-2031.

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Minimally invasive gastrointestinal surgical systems leverage advanced technologies such as laparoscopy, endoscopy, and robotic-assisted procedures to perform surgical interventions with smaller incisions, thereby minimizing tissue damage and accelerating recovery. These systems are increasingly favored for the treatment of gastrointestinal disorders and cancers, as they offer greater precision, reduced postoperative complications, and shorter hospital stays compared to traditional surgical methods.

The growing demand for cost-effective and efficient surgical solutions has driven widespread adoption of minimally invasive techniques. Continuous technological advancements in robotics and surgical instrumentation have further improved the safety, accuracy, and effectiveness of these procedures, prompting hospitals and healthcare facilities to integrate these systems into their surgical practices.

List of Major Players in the Minimally Invasive Gastrointestinal Surgical Systems Market:

·      B. Braun Melsungen AG

·      Conmed Corporation

·      Karl Storz SE & Co. KG

·      Medtronic plc

·      Olympus Corporation

·      Stryker Corporation

·      TransEnterix, Inc.

·      Boston Scientific Corporation

·      Cook Medical, Inc.

·      Richard Wolf GmbH

·      Intuitive Surgical, Inc.

·      Ambu A/S

·      Schölly Fiber Optic GmbH

·      Xenocor, Inc.

·      Fujifilm Holdings Corporation

·      Pentax Medical (Hoya Corporation)

Market Dynamics:

Drivers-

The growth of the minimally invasive gastrointestinal surgical systems market is driven by continuous advancements in robotics, laparoscopy, and endoscopic technologies, which enhance precision and patient outcomes. The increasing demand for shorter recovery times, reduced scarring, and lower postoperative complications has further accelerated adoption. Additionally, the rising prevalence of gastrointestinal disorders and obesity, along with greater awareness of the benefits of minimally invasive procedures, is fueling market expansion.

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Challenges:

Despite its benefits, the market faces several challenges, including the complexity of procedures, a shortage of skilled surgeons, and the high costs associated with these technologies, which limit their adoption in underdeveloped regions. Financial constraints make hospitals in these areas hesitant to invest in advanced surgical systems, while high procedural costs also deter patients from seeking treatment.

Additionally, surgical risks such as bleeding, infections, and complications contribute to patient hesitancy in opting for minimally invasive procedures. 

Regional Trends:

The North American market is expected to hold a significant revenue share and witness substantial growth due to the high prevalence of gastrointestinal diseases, increasing healthcare expenditures, and rapid adoption of advanced surgical technologies. Government funding and initiatives aimed at enhancing healthcare infrastructure further support market expansion in the region.

Meanwhile, Europe holds a notable market share, driven by its well-established healthcare system, stringent regulatory standards, and the presence of major industry players. The availability of highly skilled professionals and advanced medical expertise has also contributed to the region's market growth.

Recent Developments:

·      In Nov 2023, Stryker Endoscopy (San Jose, CA) obtained FDA certification for the enhanced Stryker 1788 4K Camera System including Advanced Imaging Modality. The 1788 Platform represents the most recent advancement in the series of Stryker endoscopic camera systems. This is the inaugural update since the launch of the 1688 AIM 4K in 2019 and the seventh generation since the introduction of the original 1088 in 2004. This generation features hardware upgrades, software modifications for light-balancing, and advances in fluorescence imaging capabilities.

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Segmentation of Minimally Invasive Gastrointestinal Surgical Systems Market-

By Product Type-

·      Conventional Minimally Invasive Gastrointestinal Surgical Systems (MISS)

o  Endoscopes and Endoscopy Systems

§ Rigid Endoscopes

§ Flexible Endoscopes

§ Capsule Endoscopy

·      Workstations and Data Recorders

·      Capsules

·      Others

o  Videoscopes

o  Endoscopy Ultrasound

o  Therapeutic Energy Devices

o  Point of Sales

·      Surgical Robotics

o  Robotic Systems

o  Robotic Surgery Instruments and Accessories

o  Services

By Surgery-

·      Adrenalectomy

·      Appendectomy

·      Bariatric Surgery

·      Cholecystectomy

·      Colon & Rectal Surgery

·      Foregut Surgery

·      Hernia Repair

·      Others

By End-User-

·      Specialty Clinics

·      Hospitals

·      Ambulatory Surgical Centers

By Region-

North America-

·      The US

·      Canada

·      Mexico

Europe-

·      Germany

·      The UK

·      France

·      Italy

·      Spain

·      Rest of Europe

Asia-Pacific-

·      China

·      Japan

·      India

·      South Korea

·      South East Asia

·      Rest of Asia Pacific

Latin America-

·      Brazil

·      Argentina

·      Rest of Latin America

 Middle East & Africa-

·      GCC Countries

·      South Africa

·      Rest of the Middle East and Africa

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