South Korea Minimally Invasive Surgery Devices Market

South Korea Minimally Invasive Surgery Devices Market Size Report – In a Glance

As per the survey report on South Korea minimally invasive surgery devices market, the market is expected to foresee a CAGR value of 9.21% during 2025-2035, and further generate a market size of USD 1729.0 million by the end of 2035. In 2024, the market size was value at USD 600 million revenue.

• The South Korea minimally invasive surgery devices market’s growth is driven by adoption of innovative solutions in medical industry.
• KDMI analyst’s growth analysis foresees limited specialized surgical training as restraint for South Korea minimally invasive surgery devices market.

South Korea Minimally Invasive Surgery Devices Market Analysis

Minimally invasive surgery devices are medical tools that are used for surgical procedures without damaging tissue cells and requirement of big incisions. These devices are categorized under endoscopes, trocars, robotic arm, and other specialized instruments. These devices are widely used to protect patient health from cuts and allow surgeons to seamlessly perform surgeries. The South Korea minimally invasive surgery devices market growth is driven by rising adoption of innovation in surgery devices and growing demand for non-invasive treatments to overcome risks associated with traditional methods. According to report by Journal of Medicine and Life Science, minimally invasive surgeries for Choledochal cyst (CC), laparoscopic surgery has shown visible results and it is cosmetically favorable. This trend is gaining popularity and leading to the growing demand for minimally invasive surgery devices. GE Healthcare, Smith & Nephew, and Medtronic Plc are some of the significant participants in the South Korea minimally invasive surgery devices market.

South Korea Minimally Invasive Surgery Devices Market Growth Drivers and Restraints

Growth Drivers

• Increase in chronic diseases – The South Korea elderly population is significantly growing and along with it, the age-related chronic diseases like diabetes, obesity, and cardiovascular disease cases are also rising, which demands for minimally invasive treatment procedures. According to the Korean BMI classifications, 70.05% of adults will be suffering from ‘preobese’ by 2040. The growing cases of obesity is due to rising desk jobs in the country, requiring to sit at a place for longer hours and uneven diet habits. These growing incidence of chronic disease is leading to the growing demand for advanced surgical methods and tools, requiring minimal invasiveness and is highly efficient. Minimally invasive surgeries are highly preferred by patients and medical practitioners, as its recovery period is comparatively lesser than traditional methods and are easily accessible to every age group.
• Technological advancements – The South Korean minimally invasive surgery devices market growth is driven by adoption of technological advancements in medical sector. Technological innovations have led the industry to implement advanced solutions in treatment and therapy procedures to improve patient experience and care, with accessible and affordable medical services. Innovations like robotics and automation plays major role in serving patients need, care, and health maintenance using imaging technology. The supportive government policies emphasize organizations to invest in advanced technologies to cater services effectively and drives the demand for advanced surgery devices, contributing to the market growth.

Restraints

• Limited specialized surgical training – The South Korea minimally invasive surgery devices face challenge due to lack of trained professionals in medical industry. The integration of advance surgery devices requires proper training and knowledge of working with such devices with the aim of achieving efficiency and performance standards of treatment procedures. The lack of knowledge leads to ineffective treatment procedures, impacting patients’ health and care, which limits the growth of minimally invasive surgery devices market.

South Korea Minimally Invasive Surgery Devices Market Segmentation

Our experts at KD Market Insights have segmented the South Korea minimally invasive surgery devices market research report as:

Analyst’s Observation on South Korea Minimally Invasive Surgery Devices Market Recent Developments

Over the years, the experts at KD Market Insights have been observing the recent developments associated with South Korea minimally invasive surgery devices market trends. Our expert’s market forecast analysis has recorded the market players adopting plentiful of key strategies including new product launches, mergers & acquisitions, and collaborations.

Medtronic Plc has announced the launch of Hugo robotic-assisted surgery (RAS) system for the first time in Korea at Seoul National University Hospital. This advanced system will be widely used in various surgeries including urological surgery, gynecological surgery, and huge variety of General surgery. The Hugo RAS system is featured with Medtronic’s expertise, modular structure, and portable design, which is also suitable for future to combine with other surgical tools to perform minimally invasive surgery.

CG MedTech in a partnership with CGBIO, hosted International Spine Endoscopy Training Course, which included 12 medical professionals from Mexico, Switzerland, and India. The simulators for training course were from Germany, Canada, and Italy. The training program was focused on full-endoscopic and biportal endoscopic spine surgery, a minimally invasive technique used to reduce recovery time and complications.

South Korea Minimally Invasive Surgery Devices Market Competitive Landscape

Some of the significant participants who top the South Korea minimally invasive surgery devices market share:

• Zimmer Biomet
• Intuitive Surgical
• Olympus
• Medtronic
• Boston Scientific
• Sanofi
• Cook Medical
• Smith & Nephew
• Terumo
• MediWound
• B. Braun
• Johnson & Johnson
• MicroPort