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Robotic Laparoscopy Market

: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025

Global Robotic Laparoscopy Market: By Product Type (Robotic Systems, Accessories and Instruments, System Services), By Application (Neurosurgery, General surgery, Urology surgery, Gynecology surgery, Others), By End User (Hospitals, Clinics, Ambulatory Surgical Centers (ASCs)), and Geography

 

Global Robotic Laparoscopy Market

 

Market Outline: Global Robotic Laparoscopy Market

Robotic laparoscopy is an advanced technology used for the laparoscopy, a surgical procedure for diagnosis and treatment of certain diseases. Robotic laparoscopy is performed in abdomen or pelvis through the small incisions with the aid of robotics. Robotic laparoscopy provides high accuracy with minimally-invasive. It uses the intuitive software, and infra-red cameras to achieve the precision during surgery. Robotics laparoscopy is used in certain surgical procedures such as bile duct, liver, pancreas, and colon among others.

 

Market Dynamics: Global Robotic Laparoscopy Market

Increase in the demand for minimally-invasive or non-invasive surgical procedures coupled with technological advancements in the robotic laparoscopy drive the market over forecast years. Moreover, increase in prevalence of colorectal cancer, grow in number of bariatric surgery by gastric bypass, favorable reimbursement policies, early-post operative recovery, and sophisticated healthcare infrastructure in developed and developing countries are anticipated to fuel the global robotic laparoscopy market. However, dearth of skilled professionals, high cost of treatment procedure, and stringent regulatory guidelines are hinder the growth of global robotic laparoscopy devices market over the forecast timeframe.

 

Market Scope: Global Robotic Laparoscopy Market

Global robotic laparoscopy market is segmented based on product type, application, and end user

Based on product type, market is segmented into the following:

  • Robotic Systems
  • Accessories and Instruments
  • System Services

Based on the application, market is segmented into the following:

  • Neurosurgery
  • General surgery
  • Urology surgery
  • Gynecology surgery
  • Others

 Geography

 North America

  • US
  • Canada

Europe

  • Germany
  • Italy
  • France
  • Spain
  • UK
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • Australia & New Zealand
  • Rest of Asia-Pacific

Rest of World

  • Brazil
  • Saudi Arabia
  • Israel
  • Rest of RoW

Based on the end users, the market is segmented into the following:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers (ASCs)

Regional Analysis: Global Robotic Laparoscopy Market

Geographically, global robotic laparoscopy market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America robotic laparoscopy market is poised to grow due to rise in prevalence of laparoscopic surgical procedures in U.S and Canada, technological advancements of the robotic laparoscopy devices, and sophisticated healthcare infrastructure are bolster the market. Europe robotic laparoscopy market is driving by rise in adoption of newer robotic laparoscopy and procedures, presence of skilled professionals in developed countries, and increase in prevalence of lifestyle disorders such as obesity and diabetes couple with rise in number of cardiac and gynecological surgical procedures are surge the market. Asia Pacific robotic laparoscopy market has prominent share attributed to increase in the medical tourism in Asia Pacific countries, rise in disposable income, and large patient pool in Asia Pacific region are fuel the market.

 

Competition Assessment: Global Robotic Laparoscopy Market

Some of the players in the global robotic laparoscopy market include:

  • Medtronic plc (Ireland)
  • Intuitive Surgical, Inc. (U.S)
  • Think Surgical, Inc. (U.S)
  • Mazor Robotics Ltd (Israel)
  • Stryker Corporation (U.S.)
  • Kinamed Inc. (U.S.)
  • Siemens Healthineers (Germany)
  • Surgical Science AB (Sweden)
  • Sonowand AS (Norway)
  • TransEnterix Surgical, Inc. (U.S.)

Notable Market Developments: Global Robotic Laparoscopy Market

  • In October 2017, TransEnterix, INc. received FDA approval for Senhance System, a new robotically assisted surgical device used in laparoscopy procedures
    
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