Latin America Minimally Invasive Surgery Market: Overview

Minimally invasive surgeries guarantee that the patients have a decreased span of clinic remain, negligible injury and short recuperation time as they are done with negligible entry point in the patient's body. These previously mentioned benefits related with MIS alongside diminished expense have expanded its prominence among the medicinal services experts and patients in the Latin American locale. MIS medical procedures are performed for examples, for example, evacuation of plaque in the supply routes of the heart or different vessels of fringe organs, for example, kidneys, neck, lower furthest points and cerebrum. Due to their high demand in counties like Brazil and Mexico, the Latin America minimally invasive surgery market is expected to witness substantial growth during the tenure of 2014 to 2020.

A recent report by Transparency Market Research offers 360 degrees of analysis of the Latin America minimally invasive surgery market. The report covers facets such as trends, drivers, challenges, and opportunities that are driving the growth of Latin America minimally invasive surgery market during the estimated time frame of 2014 to 2020. These insights can help the reader to have a clear picture of the dynamics of the Latin America minimally invasive surgery market from 2014 to 2020.

Latin Minimally Invasive Surgery Market: Trends and Drivers

Shorter and Swift Surgeries are Major Factors of Growth

Negligible risk of disease and shorter length of scars are the significant advantages related with these medical procedures over traditional medical procedure. In this way, attributable to these favorable circumstances, Latin America minimally invasive surgery market is seeing critical change in the ongoing years and is relied upon to show fast appropriation by the doctors later on. The MIS business is significantly determined by development, maturing populace and rising interest for decrease in medicinal services consumption. Thus, quickly extending populace base and interest for practical items are some others reasons because of which the minimally invasive surgery market is seeing rewarding development in Latin America.

Growing Cases of Obesity to Boost the Growth of the Market

The developing pace of large populace, rising mindfulness on mechanically progressed insignificantly intrusive careful instruments and strategies, expanding appropriation of individuals towards quality medicinal services, and developing inceptions by open and private associations to drive the improvement of cutting edge medical procedure innovations are driving the development of Latin America minimally invasive surgery market during the duration of 2014 to 2020.

Latin America Minimally Invasive Surgery Market: Segmentation

Ablation Devices to Dominate the Market

The market for minimally invasive surgery contains ablation gadgets, restorative automated frameworks and endoscopy gadgets. Ablation gadgets recorded the biggest offer as far as income in 2013 because of the way that removal gadgets are utilized for a huge scope for the treatment of different kinds of malignancy. Restorative automated frameworks are foreseen to observe quickest development rate during the conjecture time frame. Careful robot improves the pace of exactness and along these lines decreases the difficulty rate in medical procedures. Besides, innovative headways which have extended the use of medicinal robots in wide scope of utilizations and presentation of robots combined with imaging frameworks would push the development of Latin America minimally invasive surgery market.

Latin America Minimally Invasive Surgery Market: Regional Analysis

In the geographic perspective, Brazil and Mexico as far as income represented over half of the complete piece of the overall industry in 2013. Moreover, during the estimate time frame the quickest development pace of Latin America minimally invasive surgery market is relied upon to be focused in Mexico. This can be credited to different factors, for example, expanded patient mindfulness, geographic closeness, no language boundary, ascend in geriatric populace and expanding human services changes. Other key reasons, for example, rising frequencies of different sicknesses, for example, cardiovascular scatters, joint inflammation, malignancy, kidney stone and others have extended the dominance of Brazil and Mexico in Latin America minimally invasive surgery market during 2014 to 2020.

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.
 
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.
 
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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