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Minimally Invasive Surgery Market in Latin America Is Going to Hit USD 1.9 Billion by 2020

Latin America Minimally Invasive Surgery Market (Surgical Devices, Monitoring & Visualization Devices and Endoscopy Devices) - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

 

Albany, NY -- (SBWIRE) -- 12/09/2014 -- Minimally invasive surgeries (MISs) are type of surgeries that are performed using technologically advanced devices and instruments, with smaller incisions on the patient's body. The goal for minimally invasive surgery is to reduce the risk of infection and promote rapid healing. This report studies the market for minimally invasive surgery in Latin America from three perspectives. They are, namely, the types of devices used in performing these surgeries, various types of surgeries performed in the markets of Latin America and major geographic markets of Latin America. The devices segment has been further partitioned into three main categories: surgical devices, monitoring and visualization devices and endoscopy devices. Surgical devices are further classified as ablation devices, electrosurgical devices and medical robotic systems. Similarly, the monitoring and visualization devices segment has also been divided into MRI equipment, CT scanners, X-ray devices, ultrasound equipment and other (PET and SPECT scanners and combination devices such as PET/CT, PET/MRI, SPECT/CT and SPECT/MRI).

The various types of minimally invasive surgeries performed have also been provided in the report. The market for minimally invasive surgery in Latin America has been segmented into orthopedic (spinal and joint replacement), cosmetic, breast, vascular, thoracic, gynecological, bariatric, cardiac, gastrointestinal and urological surgeries. Geographically, the market in Latin America comprises six segments: Brazil, Mexico, Colombia, Argentina, Chile and Others. This report provides market size and forecast for each device type and surgery type, along with their sub segments (if any) for the period from 2012 to 2020, in terms of revenue (USD million), considering 2012 and 2013 as the base years. The report also provides the compounded annual growth rate (CAGR %) during the forecast period from 2014 to 2020 for all the aforementioned segments and sub segments.

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The market overview section of the report discusses the market dynamics with respect to market drivers, restraints and opportunities. This section also covers Porter's five forces analysis for the market for minimally invasive surgery in Latin America. Moreover, the regulatory scenario (clinical trends) and event impact analysis have been provided in this section. The event impact analysis comprises the study of various events that have occurred in the past 5 to 10 years and of events that are expected to occur during the forecast period. The impact (positive or negative) of these events has also been discussed in this analysis. Heat map analysis of the leading market players for the year 2013 has been provided in this section. It is followed by a list of recommendations for existing players to enter and enhance their market shares and for new players to enter the market, respectively. The report concludes with the company profiles of key players operating in various segments of the market. Each company profile includes the company overview, financial overview, product portfolio, business strategies and recent developments of the respective company. Some of the prominent players in the minimally invasive surgery market that have been profiled in this report include Intuitive Surgical, Inc., GE Healthcare, Philips Healthcare, Siemens Healthcare, Medtronic, Inc., Stryker Corporation, Biomet, Inc. and DePuy Synthes, Inc.

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The Latin America minimally invasive surgery market has been segmented as below:

Latin America Minimally Invasive Surgery Market, by Product Types
- Surgical Devices
- Ablation Devices
- Radiofrequency Ablation
- Microwave Ablation
- Cryoablation
- Others

Electrosurgical Devices
- Medical Robotic Systems
- Monitoring & Visualization Devices
- X-Ray Devices
- Computed Tomography (CT) Scanners
- Magnetic Resonance Imaging (MRI) Equipment
- UltrasoundEquipment
- Others

Endoscopy Devices

Latin America Minimally Invasive Surgery Market, by Type of Surgery
- Orthopedic Surgery
- Spinal Surgery
- Joint Replacement Surgery
- Cosmetic Surgery
- Breast Surgery
- Vascular Surgery
- Thoracic Surgery
- Gynecological Surgery
- Bariatric Surgery
- Cardiac Surgery
- Gastrointestinal Surgery
- Urological Surgery

Latin America Minimally Invasive Surgery Market, by Country
- Brazil
- Mexico
- Colombia
- Chile
- Argentina
- Others

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