Safety, Expanded Applications Driving MIS Market Growth

Despite its relative maturity, the minimally invasive surgical (MIS) instrument market should continue to experience mid- to high-single-digit growth in 2006 and beyond. Driving forces behind growth, according to Jack Serino, president and chief executive officer of laparoscopic instrument maker Encision Inc. (Boulder, CO), will be an increased emphasis on patient safety, as well as improved ergonomics of instruments and an expansion of surgical applications for laparoscopic products.

The MIS device market, including laparoscopes, laparoscopic instruments, and handheld instruments, is expected to see sustained annual growth of more than 5% through 2009. Total projected revenue in 2005 was greater than $575 million, with revenue in 2006 expected to climb to well over $600 million.¹