The global Endoscopic Robotics Market size was USD 1.69 Billion in 2021 and is expected to register a rapid revenue CAGR of 12.5% during the forecast period. Increasing geriatric population, rising prevalence of obesity and diabetes and preference for minimally invasive surgeries, high demand for endoscopy for diagnosis and treatment of target disease, and availability of new products and devices equipped with advanced technologies are major factors driving market revenue growth. Robotic surgery, also known as robot-assisted surgery, has allowed surgeons to conduct a wide variety of previously inaccessible, complicated procedures with greater accuracy, dexterity, and command than ever before. Surgeries using robotic technology are typically associated with minimally invasive techniques that require just minor incisions and are known to make an appearance in some more time-honored forms of open surgeries.
It is segmented into key regions around the world based on growth rate, share, size, trends, current and emerging factors, production and consumption ratios, industrial chain analysis, demand and supply, import and export, revenue contribution, and key player presence across the globe. To gain a better understanding of the regional spread and progress of the Endoscopic Robotics Market, the report provides a country-by-country analysis of the market.
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Market Overview:
A growing number of patients are benefiting from cell and gene therapies; previously incurable diseases are finding a cure. Pharmaceutical and healthcare sectors are changing rapidly. With the advent of artificial intelligence (AI) and machine-learning technologies, expectations are rising for more inventive, faster, and less expensive therapeutic development. A data-driven approach could be beneficial to the manufacturing, supply chain, and healthcare ecosystem at large. As a result of increased technology use and data sharing, as well as increased willingness to use prescription and treatment tools, attitudes and behaviors of consumers are changing. Over the next few years, such factors are expected to drive the growth of the pharmaceutical and healthcare markets.
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Companies considered and profiled in this market study
Competitive landscape of the global endoscopic robotics market is moderately consolidated with few major companies operating on global and regional levels. Major companies are engaged in product development and strategic alliances to expand their respective product portfolios and gain a robust footprint in the global market. Some major companies in the market report include Olympus Corporation., Intuitive Surgical., Brainlab AG, Asensus Surgical US, Inc., CMR Surgical Ltd, Avateramedical GmbH, Medtronic, B. Braun SE, Boston Scientific Corporation, and AKTORmed GmbH.
Some recent developments are as follows:
- On 24 May 2022, Ethicon, a division of Johnson Johnson Medical Devices Company, introduced ENSEAL X1 Curved Jaw Tissue Sealer, a newly developed laparoscopic bipolar energy device that improves procedural efficiency and provides stronger sealing and greater access to more tissue than LigaSureTM Maryland. This tool can be useful in specialties such as colorectal, gynecological, bariatric, and thoracic surgeries .
- On 22 February 2022, Medtronic plc., a global pioneer in healthcare technology collaborated with American Society for Gastrointestinal Endoscopy. Through this collaboration, the company will provide colorectal cancer screening technologies in low-income and underprivileged regions around the U.S. through Medtronic Health Equity Aid Program for colon cancer screening, with backing from Amazon Web Services (AWS).
Segments covered in the report
This report offers historical data and forecasts revenue growth at a global, regional, and country-level, and provides analysis of the market trends in each of the sub-segments from 2019 to 2030. For the purpose of this report, Reports and Data has segmented the global endoscopic robotics market based on approach, application, end-use, and region:
By Approach Outlook
- Surgical
- Diagnostic
By Application Outlook
- Laparoscopy
- Colonoscopy
- Bronchoscopy
- Others
By End-Use Outlook
- Hospitals
- Ambulatory Surgical Centers (ASCs)
- Others
By Regional Outlook
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- MEA
- Saudi Arabia
- UAE
- Rest of the Middle East and Africa
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Major Points covered in this report are as below:
- In this report, market development trends and marketing channels in the Endoscopic Robotics Market industry are analyzed, feasibility of new investment projects is evaluated, and overall conclusions are presented.
- This report provides key industry statistics through tables and figures, serving as an invaluable source of information and advice for companies and individuals involved in this sector.
- Additionally, this report analyzes development policies and plans, manufacturing processes, and cost structures, as well as import/export consumption figures, supply and demand figures, costs, prices, revenues, and gross margins.
- For companies and individuals interested in the Endoscopic Robotics Market industry, the Endoscopic Robotics Market report provides information on the current market status of the Endoscopic Robotics Market manufacturers and provides valuable guidance and direction.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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