Noida, UP -- (SBWIRE) -- 05/06/2015 -- According to a new research report by RNCOS entitled, "Global Minimal Invasive Device Market Outlook 2020", the use of Minimally invasive devices provides immense benefits to patients such as reduction in trauma, blood-loss, scarring and post-operative pain for the patient, and considerable cost-savings due to shorter hospital stays, less post-surgical pain medication, faster recovery times, and reduced risks of postoperative complications. With numerous advantages over conventional treatment, MIS procedures have grown significantly and now impact almost all surgical specialties including endocrine, pediatric, bariatric, urologic, abdominal, gynecological, cardiothoracic, general, and orthopedics.

The market was valued at US$ 15 Billion in 2014, and is expected to reach US$ 22.6 Billion by 2020. The market is dominated by medtech pioneers Intuitive Surgical, Medtronic, Stryker, Covidien, Philip, Siemens, and Toshiba and several medium-sized entities such as Sonoma, Vertos, and Cynocure etc. The market is dominated by the US, followed by Europe, Asia-Pacific and rest of the world. Owing to the growing ageing population, and demand of better therapies, the Asia-Pacific region will be the fastest growing market in the coming years.

Research Analysis & Highlights

The report is spread in over 75 pages and provides an in-depth research and rational analysis of the current status and future prospect of the Global Minimally Invasive Medical Device Industry. The report provides a clear picture of minimally invasive technology, factors driving the industry growth, and challenges faced by the industry. In addition to this, the study includes emerging trends and developments in the industry. The report further highlights market segmentation of the industry by types of devices and geography. With special emphasis on competitive landscape and the share of dominant players in the market, the research provides valuable information to the investors who are looking to enter in this market.

Some of the key highlights of the report are:

- Growth Drivers such as Demand of Value-Based Medicine, Inclining Healthcare Expenditure, Technological Innovations in Imaging Systems
- Market Segmentation by Types & Geography
- Mergers & Acquisitions
- Leading Players and their share in Global MIMD market 2014

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About RNCOS
RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.