Minimally Invasive Gastrointestinal Surgical Systems Market Size, Share & Trends Analysis Report By Product Type (Conventional Minimally Invasive Gastrointestinal Surgical Systems (MISS) (Endoscopes and Endoscopy Systems, Videoscopes, Endoscopy Ultrasound, Therapeutic Energy Devices, Point of Sales), Surgical Robotics), By Surgery, By End-User, By Region, And By Segment Forecasts, 2024-2031

Report Id: 2847 Pages: 172 Last Updated: 14 October 2024 Format: PDF / PPT / Excel / Power BI
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The Minimally Invasive Gastrointestinal Surgical Systems Market Size is valued at USD 5.75 billion in 2023 and is predicted to reach USD 9.88 billion by the year 2031 at a 7.2% CAGR during the forecast period for 2024-2031.

minimally invasive

Minimally invasive gastrointestinal surgical systems allow for exact surgeries with small cuts, which speeds up recovery and lowers the risk of complications. Minimally invasive gastrointestinal surgery systems are becoming more popular due to the rising need for shorter hospital stays and quicker recovery times. Modern surgical techniques that improve results while minimizing patient discomfort are in high demand due to the increasing prevalence of gastrointestinal illnesses such as colorectal cancer and gastroesophageal reflux disease. Moreover, growing knowledge of the benefits of minimally invasive treatments, such as shorter recovery periods and fewer problems, drives demand even further. In addition, the growing complexity in clinical decision-making, the huge workload of doctors, huge investments in research and development and building up healthcare infrastructure, and more and more positive outcomes from minimally invasive surgeries are all factors that are making the market grow even more. Moreover, the facilities of minimally invasive gastrointestinal surgical systems are encouraged by supportive government policies and incentives.

However, the high procedural costs, restricted access to sophisticated healthcare in underdeveloped areas, and lack of expertise limit the market growth. Additionally, market growth for minimally invasive gastrointestinal surgical systems was temporarily dampened by the COVID-19 epidemic, as patients delayed elective procedures. Faster recovery methods were prioritized by hospitals post-pandemic in an effort to decrease patient stays and efficiently handle delays, which led to a boom in demand. Additionally, the regional market is seeing a proliferation of partnerships and strategic alliances, which is leading to exciting potential for growth worldwide.

Competitive Landscape

Some Major Key Players In The Minimally Invasive Gastrointestinal Surgical Systems Market:

  • 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)
  • Smith & Nephew,
  • Abbott,
  • Applied Biomedical, LLC
  • Aesculap, Inc.,
  • Johnson & Johnson Services, Inc.,
  • Novatract Surgical Inc.,
  • REMA Medizintechnik GmbH,
  • Teleflex Incorporated,
  • Other Market Players

Market Segmentation:

The minimally invasive gastrointestinal surgical systems market is segmented based on product type, surgery, and end-user. Based on product type, the market includes 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, the market is segmented into adrenalectomy, appendectomy, bariatric surgery, cholecystectomy, colon & rectal surgery, foregut surgery, hernia repair, and others. By end-user, the market is segmented into speciality clinics, hospitals, and ambulatory surgical centres.

Based On The Product, The Surgical Robotics Segment Accounts For A Major Contributor To The Minimally Invasive Gastrointestinal Surgical Systems Market.  

Surgical robotics are expected to hold a major global market share in 2023 in the minimally invasive gastrointestinal surgical systems market because of their accuracy, better patient results, and shorter recuperation periods. Surgeons now execute intricate surgeries with greater precision and control using these technologies, all while minimizing pain and accelerating the healing process through the use of small incisions. Their market growth is bolstered by developments in robotic technology and the growing number of hospitals that utilize them.

Hospitals Segment To Witnessed A Rapid Growth.

The hospital segment is growing because less invasive operations, shorter hospital stays, and quicker recoveries are becoming more popular among patients. To boost patient satisfaction and, ultimately, their number of patients, hospitals are implementing cutting-edge surgical technologies. Healthcare facilities are also motivated to purchase this cutting-edge surgical equipment due to the increasing number of gastrointestinal ailments.

In The Region, The North American Minimally Invasive Gastrointestinal Surgical Systems Market Holds A Significant Revenue Share.

The North American minimally invasive gastrointestinal surgical systems market is expected to report very large market share in revenue in the near future. This can be attributed to the fact that it is experiencing a boom in healthcare spending, a rise in healthcare outcomes, a surge in the number of patients requiring minimally invasive surgical procedures, and an increase in the number of people older people. In addition, the Asia Pacific is expected to grow rapidly in the minimally invasive gastrointestinal surgical systems market because of rising healthcare expenditures, greater awareness of minimally invasive procedures, a growing patient population, and technological advancements in medical field in this region.

Minimally Invasive Gastrointestinal Surgical Systems Market Report Scope

Report Attribute Specifications
Market Size Value In 2023 USD 5.75 Bn
Revenue Forecast In 2031 USD 9.88 Bn
Growth Rate CAGR CAGR of 7.2% from 2024 to 2031
Quantitative Units Representation of revenue in US$ Bn and CAGR from 2024 to 2031
Historic Year 2019 to 2023
Forecast Year 2024-2031
Report Coverage The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
Segments Covered By Product Type, Surgery, And End-User
Regional Scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country Scope U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea
Competitive Landscape 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) and Others
Customization Scope Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape.
Pricing And Available Payment Methods Explore pricing alternatives that are customized to your particular study requirements.

Segmentation of Minimally Invasive Gastrointestinal Surgical Systems Market -

Minimally Invasive Gastrointestinal Surgical Systems Market By Product Type-

  • Conventional Minimally Invasive Gastrointestinal Surgical Systems (MISS)
    • Endoscopes & Endoscopy Systems
      • Rigid Endoscopes
      • Flexible Endoscopes
      • Capsule Endoscopy
    • Videoscopes
    • Endoscopy Ultrasound
    • Therapeutic Energy Devices
    • Point of Sales
  • Surgical Robotics
    • Robotic Systems
    • Robotic Surgery Instruments and Accessories
    • Services

minimally invasive

Minimally Invasive Gastrointestinal Surgical Systems Market By Surgery-

  • Adrenalectomy
  • Appendectomy
  • Bariatric Surgery
  • Cholecystectomy
  • Colon & Rectal Surgery
  • Foregut Surgery
  • Hernia Repair
  • Others

Minimally Invasive Gastrointestinal Surgical Systems Market By End-User-

  • Specialty Clinics
  • Hospitals
  • Ambulatory Surgical Centers

Minimally Invasive Gastrointestinal Surgical Systems Market 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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Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

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Frequently Asked Questions

The Minimally Invasive Gastrointestinal Surgical Systems Market Size is valued at USD 5.75 billion in 2023 and is predicted to reach USD 9.88 billion

The Minimally Invasive Gastrointestinal Surgical Systems Market Size is valued at USD 5.75 billion in 2023 and is predicted to reach USD 9.88 billion

B. Braun Melsungen AG, Conmed Corporation, Karl Storz SE & Co. KG, Medtronic plc, Olympus Corporation, Stryker Corporation, TransEnterix, Inc, Boston

The Minimally Invasive Gastrointestinal Surgical Systems Market has three segments Product Type, Surgery and End-User.

North American region is leading the Minimally Invasive Gastrointestinal Surgical Systems Market.
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