Market Overview:
The global endoscopic surgery robot market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The increasing demand for minimally invasive surgeries, technological advancements in surgical robots, and rising number of hospitals and clinics are some of the major factors driving the growth of this market. By type, the portrait assistant operating endoscope segment is expected to account for a larger share of the global market in 2018. By application, cardiac surgery is expected to be the largest segment in 2018. North America is estimated to be the largest regional market for endoscopic surgery robots in 2018.
Product Definition:
An endoscopic surgery robot is a device that uses robotic arms to help a surgeon conduct surgery through a small incision. The robot provides the surgeon with increased dexterity and precision, which can result in shorter surgical times and less tissue damage.
Portrait Assistant Operating Endoscope:
Portrait Assistant Operating Endoscope, PAOE for short, is a medical device that assists in the performance of endoscopic surgeries. It's main function is to assist surgeons while performing operations by providing real-time image captured from the operating site. The images captured by PAOE are transmitted to the surgical site where it's used as a input tool for robotic systems assisting during surgery.
Endoscope Robot Operating Endoscope:
Endoscope robot operating endoscope and it's usage in endoscopic surgery robot market is expected to witness significant growth over the forecast period. The key drivers for this market are increasing demand for minimally invasive surgeries, technological advancements such as 3D/4D imaging capabilities of endoscopes, and growing adoption of robots in surgical procedures.
Application Insights:
The gastrointestinal surgery segment dominated the global endoscopic surgery robot market in terms of revenue share in 2017. This is owing to a high number of robotic-assisted surgeries for various conditions, such as Crohn¢â‚¬â„¢s disease, ulcerative colitis, and cancerous tumors. For instance, according to data published by the National Center for Biotechnology Information (NCBI) in 2018, around 50% of patients suffering from Inflammatory Bowel Disease (IBD) have a reduced life expectancy due to extensive damage caused by the disease. Endoscopic robots help reduce this burden on healthcare systems by enabling precise surgical removal of affected organs without causing any harm or discomfort to them.
The urology surgery segment is expected register lucrative CAGR during the forecast period owing to an increasing number of prostatectomies being performed using robotics technology at present time compared with conventional open surgeries.
Regional Analysis:
North America dominated the global endoscopic surgery robot market in 2017. This can be attributed to increasing government initiatives, rising healthcare expenditure, and technological advancements. For instance, in November 2016, Urological Endoscopy Group (UEG), a non-profit organization conducted a robotic assisted urology study tour to Europe which was sponsored by Intuitive Surgical and Johnson & Johnson Medical.
Asia Pacific is expected to grow at the highest CAGR during the forecast period due to factors such as improving healthcare infrastructure coupled with growing medical tourism industry especially for surgeries that are performed using robots rather than traditional methods. In addition, an increase in disposable income levels will also contribute towards regional growth over the next few years.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the benefits offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Endoscopic surgery robots are ideally suited for use in minimally invasive surgeries, thus driving their growth.
- Growing number of surgical procedures: According to the World Health Organization (WHO), there were approximately 234 million surgical procedures performed worldwide in 2012 alone. This number is expected to grow significantly in the coming years due to rising population levels and increasing incidence of various diseases that require surgical treatment. Endoscopic surgery robots offer several advantages over traditional laparoscopic instruments, making them an increasingly popular choice among surgeons performing complex procedures.
Scope Of The Report
Report Attributes
Report Details
Report Title
Endoscopic Surgery Robot Market Research Report
By Type
Portrait Assistant Operating Endoscope, Endoscope Robot Operating Endoscope
By Application
Cardiac Surgery, Urology Surgery, Thoracic Surgery, Hepatobiliary Pancreatic Surgery, Gastrointestinal Surgery, Gynaecology
By Companies
MicroPort, Hitachi Limited, Computer Motion, Prosurgics Limited, Intuitive Surgical, Medtronic, Harbin Institute of Technology, Titan Medical Inc, TransEnterix, CMR Surgical, Weigao Holding Company Limited
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Endoscopic Surgery Robot Market Report Segments:
The global Endoscopic Surgery Robot market is segmented on the basis of:
Types
Portrait Assistant Operating Endoscope, Endoscope Robot Operating Endoscope
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cardiac Surgery, Urology Surgery, Thoracic Surgery, Hepatobiliary Pancreatic Surgery, Gastrointestinal Surgery, Gynaecology
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MicroPort
- Hitachi Limited
- Computer Motion
- Prosurgics Limited
- Intuitive Surgical
- Medtronic
- Harbin Institute of Technology
- Titan Medical Inc
- TransEnterix
- CMR Surgical
- Weigao Holding Company Limited
Highlights of The Endoscopic Surgery Robot Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portrait Assistant Operating Endoscope
- Endoscope Robot Operating Endoscope
- By Application:
- Cardiac Surgery
- Urology Surgery
- Thoracic Surgery
- Hepatobiliary Pancreatic Surgery
- Gastrointestinal Surgery
- Gynaecology
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Endoscopic Surgery Robot Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Endoscopic surgery robot is a surgical robot that helps surgeons perform endoscopic procedures. It is equipped with cameras and sensors that allow it to navigate through the patient's body, allowing for precise and safe surgery.
Some of the major players in the endoscopic surgery robot market are MicroPort, Hitachi Limited, Computer Motion, Prosurgics Limited, Intuitive Surgical, Medtronic, Harbin Institute of Technology, Titan Medical Inc, TransEnterix, CMR Surgical, Weigao Holding Company Limited.
The endoscopic surgery robot market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Endoscopic Surgery Robot Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Endoscopic Surgery Robot Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Endoscopic Surgery Robot Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Endoscopic Surgery Robot Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Endoscopic Surgery Robot Market Size & Forecast, 2018-2028
4.5.1 Endoscopic Surgery Robot Market Size and Y-o-Y Growth
4.5.2 Endoscopic Surgery Robot Market Absolute $ Opportunity
Chapter 5 Global Endoscopic Surgery Robot Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Endoscopic Surgery Robot Market Size Forecast by Type
5.2.1 Portrait Assistant Operating Endoscope
5.2.2 Endoscope Robot Operating Endoscope
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Endoscopic Surgery Robot Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Endoscopic Surgery Robot Market Size Forecast by Applications
6.2.1 Cardiac Surgery
6.2.2 Urology Surgery
6.2.3 Thoracic Surgery
6.2.4 Hepatobiliary Pancreatic Surgery
6.2.5 Gastrointestinal Surgery
6.2.6 Gynaecology
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Endoscopic Surgery Robot Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Endoscopic Surgery Robot Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Endoscopic Surgery Robot Analysis and Forecast
9.1 Introduction
9.2 North America Endoscopic Surgery Robot Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Endoscopic Surgery Robot Market Size Forecast by Type
9.6.1 Portrait Assistant Operating Endoscope
9.6.2 Endoscope Robot Operating Endoscope
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Endoscopic Surgery Robot Market Size Forecast by Applications
9.10.1 Cardiac Surgery
9.10.2 Urology Surgery
9.10.3 Thoracic Surgery
9.10.4 Hepatobiliary Pancreatic Surgery
9.10.5 Gastrointestinal Surgery
9.10.6 Gynaecology
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Endoscopic Surgery Robot Analysis and Forecast
10.1 Introduction
10.2 Europe Endoscopic Surgery Robot Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Endoscopic Surgery Robot Market Size Forecast by Type
10.6.1 Portrait Assistant Operating Endoscope
10.6.2 Endoscope Robot Operating Endoscope
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Endoscopic Surgery Robot Market Size Forecast by Applications
10.10.1 Cardiac Surgery
10.10.2 Urology Surgery
10.10.3 Thoracic Surgery
10.10.4 Hepatobiliary Pancreatic Surgery
10.10.5 Gastrointestinal Surgery
10.10.6 Gynaecology
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Endoscopic Surgery Robot Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Endoscopic Surgery Robot Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Endoscopic Surgery Robot Market Size Forecast by Type
11.6.1 Portrait Assistant Operating Endoscope
11.6.2 Endoscope Robot Operating Endoscope
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Endoscopic Surgery Robot Market Size Forecast by Applications
11.10.1 Cardiac Surgery
11.10.2 Urology Surgery
11.10.3 Thoracic Surgery
11.10.4 Hepatobiliary Pancreatic Surgery
11.10.5 Gastrointestinal Surgery
11.10.6 Gynaecology
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Endoscopic Surgery Robot Analysis and Forecast
12.1 Introduction
12.2 Latin America Endoscopic Surgery Robot Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Endoscopic Surgery Robot Market Size Forecast by Type
12.6.1 Portrait Assistant Operating Endoscope
12.6.2 Endoscope Robot Operating Endoscope
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Endoscopic Surgery Robot Market Size Forecast by Applications
12.10.1 Cardiac Surgery
12.10.2 Urology Surgery
12.10.3 Thoracic Surgery
12.10.4 Hepatobiliary Pancreatic Surgery
12.10.5 Gastrointestinal Surgery
12.10.6 Gynaecology
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Endoscopic Surgery Robot Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Endoscopic Surgery Robot Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Endoscopic Surgery Robot Market Size Forecast by Type
13.6.1 Portrait Assistant Operating Endoscope
13.6.2 Endoscope Robot Operating Endoscope
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Endoscopic Surgery Robot Market Size Forecast by Applications
13.10.1 Cardiac Surgery
13.10.2 Urology Surgery
13.10.3 Thoracic Surgery
13.10.4 Hepatobiliary Pancreatic Surgery
13.10.5 Gastrointestinal Surgery
13.10.6 Gynaecology
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Endoscopic Surgery Robot Market: Competitive Dashboard
14.2 Global Endoscopic Surgery Robot Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MicroPort
14.3.2 Hitachi Limited
14.3.3 Computer Motion
14.3.4 Prosurgics Limited
14.3.5 Intuitive Surgical
14.3.6 Medtronic
14.3.7 Harbin Institute of Technology
14.3.8 Titan Medical Inc
14.3.9 TransEnterix
14.3.10 CMR Surgical
14.3.11 Weigao Holding Company Limited
