Robotic Endoscopy And Robotics Surgery Market
The market for robotic endoscopic equipment was estimated to be worth USD 1.21 billion worldwide in 2018 and is projected to grow at a CAGR of 20.0% during the forecast period. Minimally Invasive Surgery (MIS) treatments are becoming more popular, and recent product approvals by regulatory agencies like the U.S. The Food and Drug Administration (FDA) and the growing incidence of chronic illnesses are the primary drivers of growth. The bulk of market participants prioritise growing their product portfolio by obtaining regulatory agency permission for new products, including the U.S. FDA and CE certification from the EU. For instance, Auris Health declared in March 2018 that its Monarch Endoscopy technology has received FDA authorization. Flex Robotic System, created by Medrobotics, was granted CE mark clearance in 2014. engineering firm,Due to their ability to precisely manipulate surgical instruments in a constrained operating room, surgical robots are utilised to perform minimally invasive procedures. Robotic surgery, commonly referred to as robot aided surgery, gives medical practitioners better control, flexibility, and accuracy when carrying out a variety of challenging procedures. The mechanical arm and camera arm with linked surgical instruments are typical clinical robotic surgical systems. During the forecast period, it is anticipated that demand for surgical robots or robot assisted surgeries will increase due to a rise in the adoption of medical robotic systems due to technological advancements in systems like more efficient motors, compact & light materials, power backup & sophisticated controls, safety mechanisms, and cost-effectiveness. Additionally, an increase in procedures worldwide and the use of robotic surgery for routine
In a number of robotic endoscopic devices that are now in development are anticipated to be released. For instance, in September 2018, KAIST’s K-FLEX, a flexible, remote endoscopic surgery robot, was being tested on pigs. A flexible robotic endoscopic platform called the Master and Slave Transluminal Endoscopic Robot is also being developed by Singapore’s Endomaster Pte Ltd. These gadgets were created to get over the restrictions of conventional therapeutic and diagnostic methods. Less post-operative complications, quicker recovery times, and minimum scarring are all advantages of using such devices in surgical procedures, which helps shorten hospital stays. These advantages of robotic endoscopic systems are projected to play a significant role in their uptake.
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Robotic Endoscopy And Robotics Surgery Market: Segment Analysis
Global Robotic Endoscopy and Robotics Surgery Market: Top Key Players
TransEnterix Surgical
Boston Scientific
Johnson & Johnson
Medrobotics
Olympus
Cook Medical
Medineering
Intuitive Surgical
Auris Health
Ovesco Endoscopy
Endomaster
Global Robotic Endoscopy and Robotics Surgery Market: By Types
Robotic Endoscopy
Robotics Surgery
Global Robotic Endoscopy and Robotics Surgery Market: By Applications
Hospital
Clinic
Others
Global Robotic Endoscopy and Robotics Surgery Market: By Countries
United States
Canada
Germany
UK
France
Italy
Spain
Russia
China
Japan
South Korea
Australia
Thailand
Brazil
Argentina
Chile
South Africa
Egypt
UAE
Saudi Arabia
Key Regions & Countries
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Physiotherapy Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Questions Answered in This Report:
• What is the driving factor for the growth of the Robotic Endoscopy and Robotics Surgery market?
• How will the COVID-19 pandemic impact the demand and consumption of the Robotic Endoscopy and Robotics Surgery market?
• What is the major application area of the Robotic Endoscopy and Robotics Surgery market?
• Who are the Robotic Endoscopy and Robotics Surgery manufacturers across the globe?
• Which geographical location is dominant in the Robotic Endoscopy and Robotics Surgery market?
• Which are the top industry players in this market?
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