Market Overview:
The global robotics in laparoscopic surgery market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The increasing demand for minimally invasive surgeries, technological advancements in robotic surgical devices, and rising number of surgical procedures are some of the major factors driving the growth of this market. Based on type, the global robotics in laparoscopic surgery market is segmented into 3D imaging technologies, HD imaging technologies, and 4K imaging technologies. The 3D imaging technology segment is expected to hold the largest share of this market during the forecast period. This can be attributed to its ability to provide a real-time view of internal organs and tissues with high precision and accuracy. Based on application, hospitals accounted for the majority share of this market in 2017. This can be attributed to factors such as growing number of bariatric surgeries being performed in hospitals and rising demand for minimally invasive surgeries worldwide.
Product Definition:
Robotic surgery is a minimally invasive surgical procedure that uses a robotic arm to perform surgery. The robot is controlled by a surgeon who sits at a console and guides the robot's arms with hand controllers. Robotics has many advantages over traditional laparoscopic surgery, including greater precision, dexterity, and range of motion. This allows surgeons to perform more complex procedures with greater accuracy. Robotics also enables surgeons to work in tight spaces and around delicate organs with greater safety and precision.
3D Imaging Technologies:
3D imaging technologies are used in the field of robotics for laparoscopic surgery. The factors that propel its growth include increasing demand for minimally invasive surgeries, technological advancements and growing adoption by surgeons. 3D imaging helps to create a real view of internal organs, which gives an advantage to the surgeon while performing an operation on a patient. It also provides clear images of tissues and anatomical structures that can be studied during training sessions conducted by surgeons before actual surgeries.
HD Imaging Technologies:
High definition imaging (HDI) is a new term in the field of medical sciences and it includes techniques that provide high-resolution images. The key drivers for HDI are increasing demand for visualization devices, growing prevalence of chronic diseases requiring surgical procedures, and technological advancements. These technologies include 3D & 4D imaging, which are used to deliver real-time image sequences during surgeries with the help of cameras & monitors placed at different locations inside or outside the body.
Application Insights:
The market is segmented by application into hospitals, research institutes and other centers, and others. Hospitals held the largest share in 2017 owing to the high usage of robotics in laparoscopic surgeries at hospitals. The key factor contributing to this large share is that most of the healthcare facilities do not have a skilled workforce; thus, they turn to advanced technologies such as robots for better results.
The research institutes and other centers segment is expected to witness significant growth over the forecast period due to increasing investments by companies and institutions for developing new applications of robotics in laparoscopic surgeries. For instance, In June 2018, UPMC Hamot (University Presbyterian Medical Center of Mahoning Valley) announced about its partnership with Intuitive Surgical Inc., a manufacturer of robotic systems for endoscopic procedures.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing demand for advanced robotic systems and growing adoption of laparoscopic surgery in U.S. Moreover, factors such as favorable reimbursement policies, high healthcare expenditure, and technological advancements are also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising geriatric population coupled with increasing awareness about benefits of minimally invasive surgeries among patients from developing countries such as India and China.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.8% 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. Robotic-assisted laparoscopic surgery offers all these benefits and is thus expected to gain increasing popularity in the coming years.
- Growing use of robots in complex surgeries: Robots are increasingly being used for complex surgeries such as cancer removal, heart valve replacement, and brain tumor removal due to their precision and accuracy. In addition, they help surgeons reduce fatigue levels and improve surgical outcomes. This is likely to drive the growth of the robotics-assisted laparoscopic surgery market in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Robotics in Laparoscopic Surgery Market Research Report
By Type
3D Imaging Technologies, HD Imaging Technologies, 4K Imaging Technologies
By Application
Hospitals, Research Institute
By Companies
Intuitive Surgical, Computer Motion, Integrated Surgical, Stryker, Accuray, Medrobotics, Titan Medicals
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Robotics in Laparoscopic Surgery Market Report Segments:
The global Robotics in Laparoscopic Surgery market is segmented on the basis of:
Types
3D Imaging Technologies, HD Imaging Technologies, 4K Imaging Technologies
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
Hospitals, Research Institute
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:
- Intuitive Surgical
- Computer Motion
- Integrated Surgical
- Stryker
- Accuray
- Medrobotics
- Titan Medicals
Highlights of The Robotics in Laparoscopic Surgery 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:
- 3D Imaging Technologies
- HD Imaging Technologies
- 4K Imaging Technologies
- By Application:
- Hospitals
- Research Institute
- 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 Robotics in Laparoscopic Surgery 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.
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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?
Robotics is a technology that allows surgeons to control robotic instruments through remote control. This technology can help surgeons perform more precise and efficient surgeries, which can lead to improved patient outcomes.
Some of the key players operating in the robotics in laparoscopic surgery market are Intuitive Surgical, Computer Motion, Integrated Surgical, Stryker, Accuray, Medrobotics, Titan Medicals.
The robotics in laparoscopic surgery market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Robotics in Laparoscopic Surgery 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 Robotics in Laparoscopic Surgery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Robotics in Laparoscopic Surgery 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 Robotics in Laparoscopic Surgery 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 Robotics in Laparoscopic Surgery Market Size & Forecast, 2020-2028
4.5.1 Robotics in Laparoscopic Surgery Market Size and Y-o-Y Growth
4.5.2 Robotics in Laparoscopic Surgery Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 3D Imaging Technologies
5.2.2 HD Imaging Technologies
5.2.3 4K Imaging Technologies
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Research Institute
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Robotics in Laparoscopic Surgery 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 Robotics in Laparoscopic Surgery 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 3D Imaging Technologies
9.6.2 HD Imaging Technologies
9.6.3 4K Imaging Technologies
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 Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Research Institute
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 3D Imaging Technologies
10.6.2 HD Imaging Technologies
10.6.3 4K Imaging Technologies
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 Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Research Institute
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 3D Imaging Technologies
11.6.2 HD Imaging Technologies
11.6.3 4K Imaging Technologies
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 Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Research Institute
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 3D Imaging Technologies
12.6.2 HD Imaging Technologies
12.6.3 4K Imaging Technologies
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 Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Research Institute
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 3D Imaging Technologies
13.6.2 HD Imaging Technologies
13.6.3 4K Imaging Technologies
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) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Research Institute
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 Robotics in Laparoscopic Surgery Market: Competitive Dashboard
14.2 Global Robotics in Laparoscopic Surgery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Intuitive Surgical
14.3.2 Computer Motion
14.3.3 Integrated Surgical
14.3.4 Stryker
14.3.5 Accuray
14.3.6 Medrobotics
14.3.7 Titan Medicals
