Kuwait Minimally Invasive Surgical Instruments Market Size & Outlook
Kuwait minimally invasive surgical instruments market, 2018-2030 (US$M)
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Kuwait minimally invasive surgical instruments market highlights
- The Kuwait minimally invasive surgical instruments market generated a revenue of USD 278.9 million in 2023 and is expected to reach USD 475.7 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, handheld instruments was the largest revenue generating type in 2023.
- Electrosurgical Devices is the most lucrative type segment registering the fastest growth during the forecast period.
Minimally invasive surgical instruments market data book summary
| Market revenue in 2023 | USD 278.9 million |
| Market revenue in 2030 | USD 475.7 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Handheld instruments |
| Fastest growing segment | Electrosurgical Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Handheld Instruments, Inflation Devices, Cutter Instruments, Guiding Devices, Electrosurgical Devices, Auxiliary Devices, Monitoring & Visualization Devices |
| Key market players worldwide | Medtronic PLC, Siemens Healthineers AG ADR, Johnson & Johnson, GE HealthCare Technologies Inc Common Stock, Abbott Laboratories, Intuitive Surgical Inc, Zimmer Biomet Holdings Inc |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.9% of the global minimally invasive surgical instruments market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa minimally invasive surgical instruments market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,457.6 million by 2030.
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Minimally Invasive Surgical Instruments Market Scope
Minimally Invasive Surgical Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait minimally invasive surgical instruments market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to minimally invasive surgical instruments market will help companies and investors design strategic landscapes.
Handheld instruments was the largest segment with a revenue share of 22.16% in 2023. Horizon Databook has segmented the Kuwait minimally invasive surgical instruments market based on handheld instruments, inflation devices, cutter instruments, guiding devices, electrosurgical devices, auxiliary devices, monitoring & visualization devices covering the revenue growth of each sub-segment from 2018 to 2030.
The rising awareness regarding the benefits associated with the adoption of minimally invasive surgical procedures like robot-assisted surgery, coupled with prevalence of chronic disorders, is driving the market growth.
According to Institute for Health Metrics and Evaluation, ischemic heart disease was the cause of approximately 40% of the deaths in Kuwait. Moreover, favorable reimbursement policies and the presence of key players in the market are anticipated to fuel the demand for technologically advanced minimally invasive surgical devices in Kuwait over the projected period.
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Our clientele includes a mix of minimally invasive surgical instruments market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait minimally invasive surgical instruments market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait minimally invasive surgical instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait minimally invasive surgical instruments market size, by type, 2018-2030 (US$M)
Kuwait Minimally Invasive Surgical Instruments Market Outlook Share, 2023 & 2030 (US$M)
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