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 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.
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.
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.
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.
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.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 5.75 Bn |
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Revenue Forecast In 2031 |
USD 9.88 Bn |
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Growth Rate CAGR |
CAGR of 7.2% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Product Type, Surgery, And End-User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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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 |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Minimally Invasive Gastrointestinal Surgical Systems Market Snapshot
Chapter 4. Global Minimally Invasive Gastrointestinal Surgical Systems Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Porter's Five Forces Analysis
4.7. Incremental Opportunity Analysis (US$ MN), 2024-2031
4.8. Global Minimally Invasive Gastrointestinal Surgical Systems Market Penetration & Growth Prospect Mapping (US$ Mn), 2023-2031
4.9. Competitive Landscape & Market Share Analysis, By Key Player (2023)
4.10. Use/impact of AI on Minimally Invasive Gastrointestinal Surgical Systems Industry Trends
Chapter 5. Minimally Invasive Gastrointestinal Surgical Systems Market Segmentation 1: By Product Type, Estimates & Trend Analysis
5.1. Market Share by Product Type, 2023 & 2031
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following Product Type:
5.2.1. Conventional Minimally Invasive Gastrointestinal Surgical Systems (MISS)
5.2.1.1. Endoscopes & Endoscopy Systems
5.2.1.1.1. Rigid Endoscopes
5.2.1.1.2. Flexible Endoscopes
5.2.1.1.3. Capsule Endoscopy
5.2.1.2. Videoscopes
5.2.1.3. Endoscopy Ultrasound
5.2.1.4. Therapeutic Energy Devices
5.2.1.5. Point of Sales
5.2.2. Surgical Robotics
5.2.2.1. Robotic Systems
5.2.2.2. Robotic Surgery Instruments and Accessories
5.2.2.3. Services
Chapter 6. Minimally Invasive Gastrointestinal Surgical Systems Market Segmentation 2: By Surgery, Estimates & Trend Analysis
6.1. Market Share by Surgery, 2023 & 2031
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following Surgery:
6.2.1. DRUPS Systems
6.2.2. Diesel, Gas & Bi-fuel Generators
6.2.3. HVO Fuel
6.2.4. Fuel Cells
Chapter 7. Minimally Invasive Gastrointestinal Surgical Systems Market Segmentation 3: By End User, Estimates & Trend Analysis
7.1. Market Share by End User, 2023 & 2031
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following End Users:
7.2.1. Specialty Clinics
7.2.2. Hospitals
7.2.3. Ambulatory Surgical Centres
Chapter 8. Minimally Invasive Gastrointestinal Surgical Systems Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. Global Minimally Invasive Gastrointestinal Surgical Systems Market, Regional Snapshot 2023 & 2031
8.2. North America
8.2.1. North America Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by Country, 2024-2031
8.2.1.1. US
8.2.1.2. Canada
8.2.2. North America Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2024-2031
8.2.3. North America Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by Surgery, 2024-2031
8.2.4. North America Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by End User, 2024-2031
8.3. Europe
8.3.1. Europe Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by Country, 2024-2031
8.3.1.1. Germany
8.3.1.2. U.K.
8.3.1.3. France
8.3.1.4. Italy
8.3.1.5. Spain
8.3.1.6. Rest of Europe
8.3.2. Europe Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2024-2031
8.3.3. Europe Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by Surgery, 2024-2031
8.3.4. Europe Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by End User, 2024-2031
8.4. Asia Pacific
8.4.1. Asia Pacific Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by Country, 2024-2031
8.4.1.1. India
8.4.1.2. China
8.4.1.3. Japan
8.4.1.4. Australia
8.4.1.5. South Korea
8.4.1.6. Hong Kong
8.4.1.7. Southeast Asia
8.4.1.8. Rest of Asia Pacific
8.4.2. Asia Pacific Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2024-2031
8.4.3. Asia Pacific Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts By Surgery, 2024-2031
8.4.4. Asia Pacific Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by End User, 2024-2031
8.5. Latin America
8.5.1. Latin America Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by Country, 2024-2031
8.5.1.1. Brazil
8.5.1.2. Mexico
8.5.1.3. Rest of Latin America
8.5.2. Latin America Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2024-2031
8.5.3. Latin America Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by Surgery, 2024-2031
8.5.4. Latin America Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by End User, 2024-2031
8.6. Middle East & Africa
8.6.1. Middle East & Africa Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
8.6.1.1. GCC Countries
8.6.1.2. Israel
8.6.1.3. South Africa
8.6.1.4. Rest of Middle East and Africa
8.6.2. Middle East & Africa Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2024-2031
8.6.3. Middle East & Africa Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by Surgery, 2024-2031
8.6.4. Middle East & Africa Minimally Invasive Gastrointestinal Surgical Systems Market Revenue (US$ Million) Estimates and Forecasts by End User, 2024-2031
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. B. Braun Melsungen AG
9.2.1.1. Business Overview
9.2.1.2. Key Product/Service Offerings
9.2.1.3. Financial Performance
9.2.1.4. Geographical Presence
9.2.1.5. Recent Developments with Business Strategy
9.2.2. Conmed Corporation
9.2.3. Karl Storz SE & Co. KG
9.2.4. Medtronic plc
9.2.5. Olympus Corporation
9.2.6. Stryker Corporation
9.2.7. TransEnterix, Inc
9.2.8. Boston Scientific Corporation
9.2.9. Cook Medical, Inc
9.2.10. Richard Wolf GmbH
9.2.11. Intuitive Surgical, Inc
9.2.12. Ambu A/S
9.2.13. Schölly Fiber Optic GmbH
9.2.14. Xenocor, Inc
9.2.15. Fujifilm Holdings Corporation
9.2.16. Pentax Medical (Hoya Corporation)
9.2.17. Other Prominent Players
Minimally Invasive Gastrointestinal Surgical Systems Market By Product Type-
Minimally Invasive Gastrointestinal Surgical Systems Market By Surgery-
Minimally Invasive Gastrointestinal Surgical Systems Market By End-User-
Minimally Invasive Gastrointestinal Surgical Systems Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
