The US minimally invasive surgical (MIS) instruments market is expected to grow at a CAGR of around 8.4% during the forecast period. Increasing spine procedures in the country are one of the major factors contributing to the market growth in the US. As per the NSCISC (National spinal cord injury statistical center), the prevalence of spinal cord injury is nearly 54 cases on each one million people in the US or nearly 17,700 new cases per year. These incidences of spine injuries are expected to accelerate the demand for spine surgical procedures. Additionally, the trend in spine surgery has been significantly moved towards minimally invasive surgery as it comprises surgical treatment of the spine by tiny incisions along with less disruption of the surrounding muscle tissue.

Arthroscopy discectomy is used as a minimally invasive procedure for the treatment of spinal cord injuries. It includes a range of micro-tools such as micro-vacuums, lasers and mini-calipers in combination with a laparoscopic microscope intended to monitor the surgery site up close. The micro-tools and tiny lasers enable surgeons to cut away the herniated disc. The procedure provides relief to the patients from a herniated disc that is acute on a spinal cord or nerve root. Thus, the efficiency of arthroscopic techniques is expected to boost the demand for its use in minimally invasive spine procedures.

The major companies in the US are acquiring firms for innovations in MIS instruments. For instance, in Feb 2018, J&J Medical Device Companies acquired Orthotaxy, a developer of software-enabled surgery technologies, such as differentiated robotic-assisted surgery solution. Currently, this proprietary technology is in early-stage development for total and partial knee replacement and J&J plants to widen its applications for several orthopedic surgical procedures. This acquisition will enable J&J for the development of the next-generation robotic-assisted platform in orthopedics, that is time-efficient, cost-effective and user-friendly in various care settings.

Research Methodology

The market study of the US minimally invasive surgical instruments market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides an in-depth analysis of pricing, market size, intended quality of the product preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. US Minimally Invasive Surgical Instruments Market Research and Analysis by Product
2. US Minimally Invasive Surgical Instruments Market Research and Analysis by Technology
3. US Minimally Invasive Surgical Instruments Market Research and Analysis by Application

The Report covers:

• Comprehensive research methodology of the US minimally invasive surgical instruments market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the US minimally invasive surgical instruments market.
• Insights about market determinants which are stimulating the US minimally invasive surgical instruments market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.