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Robotic Laparoscopy Market : Global Market Estimation, Dynamics, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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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

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Description
Company Profile

Report

Description

Robotic Laparoscopy Market size was valued at USD 2.8 million in 2021 and is expected to reach USD 11.0 million by 2028, at a CAGR of 21.6% during the forecast period 2022-2028. 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.

Robotic Laparoscopy Market

MARKET SUMMARY

21.6%

Study Period– 2022 – 2028
Base Year– 2021
CAGR– 21.6%
Largest Market– Asia-Pacific
Fastest Growing Market– North-America

Robotic Laparoscopy Market

The report gives the comprehensive outlook on robotic laparoscopy market share across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA).
This report gives historical, current, and future market sizes (US$ Mn) of product type, application, end-user and geographic regions.

Key Players

Medtronic plc
Intuitive Surgical, Inc.
Think Surgical, Inc.
Mazor Robotics Ltd
Stryker Corporation

Robotic Laparoscopy Market

DRIVERS AND RESTRAINTS

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.

North-America Got Significant Share

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.

Latin-America

North-America

Europe

Asia-Pacific

Middle East

Key

Developments

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

Robotic Laparoscopy Market Segmentation

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)

Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.