Top 7 Companies in the Global Minimally Invasive Surgery Market in 2024

The global minimally invasive surgery market was valued at USD 48.85 billion in 2023. The market is expected to grow at a CAGR of 7.8% during the forecast period of 2024-2032, with the values likely to reach USD 96.04 billion by 2032. The market is driven by the increasing adoption of robotic-assisted surgeries across the globe.

Minimally invasive surgery is a type of surgical procedure done through small incisions rather than large cuts. It minimizes tissue damage and helps in recovery time. The surgeon uses specialized tools, which include cameras and small instruments, to access the region of concern with great precision. This usually reduces pain, lowers the chances of infection, and keeps the patient in the hospital for a shorter period.

The global minimally invasive surgery market is growing rapidly, mainly due to advances in surgical technology and a preference for procedures that minimize recovery times and improve patient outcomes. Increased adoption of robotic-assisted surgeries and endoscopic tools is further fueling the market expansion. Moreover, the shift towards less invasive techniques, along with continuous innovations in surgical equipment, is improving the accuracy and efficiency of surgeries.

Let’s explore the profile of top companies leading the global minimally invasive surgery market in 2024.

1.    Stryker Corporation

Stryker Corporation is a medical technology leader worldwide and has been engaged in making advancements in minimally invasive surgery. Its products, such as the Everest Minimally Invasive Spine System, have revolutionized the improvement of surgical results with the aid of high accuracy and minimal recovery times for patients. Stryker continues to invest in the latest technology solutions related to minimally invasive methods, which puts the company in an even better position in the global minimally invasive surgery market.

2.    Conmed Corporation

Conmed Corporation is one of the leading companies in the market of minimally invasive surgery because it provides the most advanced surgical solutions to enhance patient outcomes. The company's products, such as the MIS Burs for minimally invasive procedures, can help enhance surgical precision and efficiency. With these commitments to innovation in surgical power tools and minimally invasive techniques, it is positioned as a key contributor to the development and growth of the minimally invasive surgery sector.

3.    Intuitive Surgical Operations, Inc.

Intuitive Surgical Operations, Inc. is one of the leaders in robotic-assisted surgery and has significantly contributed to the development of the global minimally invasive surgery market. The company is known for its flagship product, the da Vinci Surgical System, which provides precision, control, and flexibility in complex surgeries. Intuitive Surgical's continued innovation in robotic platforms has revolutionized minimally invasive procedures, improved patient outcomes, and set new standards in the surgical field worldwide.

4.    NuVasive, Inc.

NuVasive, Inc. is one of the biggest players in the global market of minimally invasive surgery, specializing in innovative surgical solutions, especially in spine surgery. The company is focused on developing advanced technologies and systems intended to ensure greater precision in surgery while reducing patient recovery time. With a commitment to improving patient outcomes, the company has made numerous contributions through its wide range of products designed for minimally invasive procedures, which have established its position in meeting the increasing demand for less invasive surgical options across the globe.

5.    Fortimedix Surgical B.V.

Fortimedix Surgical B.V. is one of the leading companies that has made significant contributions in terms of developing advanced laparoscopic surgical tools and related technologies in the global market for minimally invasive surgery. The company is committed to offering innovative solutions to make surgery more efficient and have better outcomes for patients. Through the pioneering of minimally invasive techniques, it has developed advanced products that decrease recovery time and provide better safety in many surgical procedures. They are now a leader in the fast-growing area of minimally invasive surgery due to their experience and technological innovations.

6.    Microline Surgical Inc.

Microline Surgical Inc. is a well-known company in the global minimally invasive surgery market and is involved in the development of advanced surgical instruments. The company is recognized for its innovative products, such as in laparoscopic and robotic surgery. By offering high-quality, precision-driven instruments, Microline Surgical is trying to improve the efficiency and effectiveness of minimally invasive procedures. Their products are designed to improve patient outcomes by allowing surgeons to perform delicate operations with much more accuracy and less recovery time.

7.    Cirtec Medical Corporation

Cirtec Medical Corporation is a prominent company in the market, providing advanced design and manufacturing services for medical devices. Specializing in minimally invasive technologies, Cirtec Medical focuses on creating solutions that enhance the efficiency and precision of procedures while improving patient recovery. The company's expertise spans various medical fields, offering high-quality, custom-engineered products that support the growing demand for less invasive, more effective surgical treatments in the healthcare sector.