U.S., China, and Europe Laparoscopic Surgical Robotic Devices Market to Observe Utmost CAGR of 12.7% by 2030
U.S., China, and Europe Laparoscopic Surgical Robotic Devices Market research report contains thorough information about target markets or customers. Analytical study of this market report aids in formulating growth strategies to augment sales and build brand image in the market. This market report supports the business to take better decisions for the successful future planning in terms of current and future trends in particular product or the industry. The key factors of U.S., China, and Europe Laparoscopic Surgical Robotic Devices Market report consist of primary research, benchmarking studies, secondary research, company profiles, competitive intelligence & reporting, syndicated research, data collection, data processing and analysis, survey design, and survey programming.
Laparoscopic surgical robotic devices are one of the most significant segments of the medical device industry. In the United States jurisdiction, surgical robots are planned by the division of medical devices, office of device evaluation, and center for devices, and radiologic health of the food and drug administration (FDA). The complex, novel devices (class III devices) are subjected to premarket approval (PMA), the FDA’s most intensive review process for devices.
Data Bridge Market Research analyzes that the U.S., China, and Europe laparoscopic surgical robotic devices market is expected to reach the value of USD 10,566.76 million by 2030, at a CAGR of 12.7% during the forecast period. Product accounts for the largest type segment in the market due to the growing use of exosome research products in diagnostics and therapeutics.
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Market Overview:
The laparoscopic surgical robotic devices are used for minimally invasive surgeries using robotic assistance. It uses energy such as radiation, radio frequency, and ultrasound to seal the skin tissue. The laparoscopic surgical robotic devices require an energy source, such as an electro surgery generator (ESU), and an instrument to transfer the energy to the patient. Laparoscopic surgery uses small incisions, a camera and surgical instruments. Instead of holding and manipulating large surgical devices, laparoscopic surgery allows the surgeon to sit at a console and use controls to manipulate the robot. The console allows your surgeon to see high-definition enlarged 3D images with better resolution and to see the inside body.
Laparoscopy surgery is done through one or more small incisions with the help of small tubes, tiny cameras and surgical instruments. Laparoscopic surgery is a less invasive surgical procedure that is preferred by patients and physicians. The usage of laparoscopic robotic instruments helps in decreasing the risk of infection in the course of surgical procedures. Increasing occurrences of colorectal cancers, a rising geriatric population and related disorders are some of the factors which boost the laparoscopic surgical robotic devices demand overall.
Drivers
- Rising demand for minimally invasive surgeries
Minimally invasive surgery involves the surgical procedure performed with minute incisions on the body. Various minimally invasive surgeries include repair of heart valves, mitral valve prolapse, angioplasty and other blockage removals in the body. The supremacy of MIS includes short recovery time, low risk of infection, less bleeding, small scars, and shorter hospital stays.
The benefits associated with the robotic assisted navigation surgery procedure done via minimally advanced technologies are enormous, which include minimal scarring and bleeding along with less usage of narcotics, reduced pain and a short stay at the hospital. This makes the growing demand for minimally invasive procedures is expected to act as a driver for the growth of the U.S., China, and Europe laparoscopic surgical robotic devices market.
- Development of teleoperated surgical robotic systems
Teleoperated robotic systems extend human capabilities beyond natural and physical limits. As a result, they can be used to perform minimally invasive surgeries on the patient’s body. This is called telerobotic surgery or telerobotic surgery. The primary purpose of this technology is to use position commands from the surgeon’s remote control (called the “master robot” in telesurgery terminology) to control the patient-side surgical robot (the so-called slave robot). Currently, telerobotic surgery surgeons can monitor the operation through 3D visual observation. A component missing from currently approved telerobotic surgery systems for patients is a sense of the contact forces generated during surgery.
The increased healthcare expenditure renders the patients to get operated on whenever necessary in the primary stage of disease, thereby preventing unwanted complications. The high healthcare expenditure also aids in the high adoption of robotic- assisted surgery being minimally invasive in nature. Thus the development of teleoperated robotic systems is expected to act as a driver for the growth of the U.S., China, and Europe laparoscopic surgical robotic devices market.
Restraint
- High cost associated with the procedures involving surgical robotics
Modern technology based on surgical robotics help in aligning various body parts like the spine, hand, hip, and ankle, among others. The key factors which determine the cost of robotic surgery include factors such as the medical institution or clinic finalized for the procedure, treatment area, complexity, and chosen specialist, among more. The high cost of the treatment is due to the various checkpoints of the treatment along with the use of high-tech modalities to perform such treatment procedures. As the cost of innovative and advanced surgeries like spinal, among others, is high, the cost of the treatment proportionally gets escalated, due to which the high cost of surgical robotics is expected to hamper the demand of the market.
Fundamental Aim of this Market Report
- Factors influencing This Market Size and growth rate.
- Major alterations to this market in the near future.
- Notable Market rivals around the world.
- Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
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Some of the major players operating in the U.S., China, and Europe laparoscopic surgical robotic devices market are Medtronic, Intuitive Surgical, Zimmer Biomet, Stryker, Smith+Nephew, Siemens Healthcare GmbH, Johnson & Johnson, Titan Medical Inc., Asensus Surgical US, Inc., CONMED Corporation, Olympus America, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Brainlab AG, Momentis Innovative Surgery, Virtual Incision, Richard Wolf GmbH, Microline Surgical, and ENDOQUEST ROBOTICS, CUREXO, INC., among others.
Recent Developments
- In February 2021, Medtronic acquired Digital Surgery, a privately held company specializing in digital education, data analytics and training. With the acquisition, Medtronic aims to strengthen its robot-assisted surgery platform and expand its range of robotic systems by adding a new robot called Hugo.
- In March 2021, Titan Medical announced the release of the Enos surgical system to improve the robotic-assisted surgical experience for surgeons, which we believe will bring important benefits to patients, including less trauma, less scarring, and faster recovery time.
Key highlights of this Market report:
- Growth rate
- Remuneration prediction
- Consumption graph
- Market concentration ratio
- Secondary industry competitors
- Competitive structure
- Major restraints
- Market drivers
- Regional bifurcation
- Competitive hierarchy
- Current market tendencies
- Market concentration analysis
U.S., China, and Europe Laparoscopic Surgical Robotic Devices Market Scope
PRODUCT TYPE
- ROBOTIC SYSTEMS/ MACHINE
- INSTRUMENTS AND ACCESSORIES
On the basis of product type, the U.S., China, and Europe laparoscopic surgical robotic devices market is segmented into robotic system/machine, instruments and accessories.
APPLICATION
- UROLOGICAL SURGERIES
- GYNECOLOGICAL SURGERIES
- GENERAL SURGERIES
- COLORECTAL SURGERIES
- GASTROINTESTINAL SURGERIES
- OTHERS
On the basis of application, the U.S., China, and Europe laparoscopic surgical robotic devices market is segmented into urological surgeries, gynecological surgeries, and general surgeries, colorectal surgeries, gastrointestinal surgeries and others.
END USER
- HOSPITAL
- AMBULATORY SURGERY CENTERS
- OTHERS
On the basis of end user, the U.S., China, and Europe laparoscopic surgical robotic devices market is segmented into hospitals, ambulatory surgical centers and others.
DISTRIBUTION CHANNEL
- DIRECT TENDER
- RETAIL SALES
- OTHERS
On the basis of distribution channel, the U.S., China, and Europe laparoscopic surgical robotic devices market is segmented into direct tender, retail sales and others.
What benefits does the DBMR study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Table of Contents:
-
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF U.S., CHINA, AND EUROPE LAPAROSCOPIC SURGICAL ROBOTIC DEVICES MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATIONS
1.6 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 MARKETS COVERED
2.2 GEOGRAPHICAL SCOPE
2.3 YEARS CONSIDERED FOR THE STUDY
2.4 CURRENCY AND PRICING
2.5 DBMR TRIPOD DATA VALIDATION MODEL
2.6 MULTIVARIATE MODELLING
2.7 PRODUCT LIFELINE CURVE : U.S.
2.8 PRODUCT LIFELINE CURVE : EUROPE
2.9 PRODUCT LIFELINE CURVE : CHINA
2.1 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.11 DBMR MARKET POSITION GRID
2.12 MARKET APPLICATION COVERAGE GRID
2.13 VENDOR SHARE ANALYSIS
2.14 SECONDARY SOURCES
2.15 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 PESTEL ANALYSIS
4.2 PORTER’S FIVE FORCES MODEL
5 PROCEDURE VOLUME ANALYSIS , BY EACH COUNTRY
6 INDUSTRY INSIGHTS
6.1 PIPELINE ANALYSIS FOR U.S., CHINA, AND EUROPE LAPAROSCOPIC SURGICAL ROBOTIC DEVICES MARKET
7 REGULATORY FRAMEWORK
Continued…
Browse Detailed Summary of Research Report with TOC: https://www.databridgemarketresearch.com/toc/?dbmr=us-china-and-europe-laparoscopic-surgical-robotic-devices-market&Shri
Key Benefits of the Report:
- This study presents the analytical depiction of this industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of this market share.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed this industry analysis based on competitive intensity and how the competition will take shape in the coming years.
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