MarketThe minimal invasive medical robots are robotic system which operate with two controllers and four robotic arms has a HD camera view with 3D image on console. The minimal invasive medical robots market is driven by the advantages like smaller incisions, fewer cuts, decreased scarring, reduced pain, accuracy, control and efficiency and advanced visualization capabilities through HD devices.
Since the outbreak of the COVID-19, it has widely spread all over the world and has impacted many countries economy and caused huge loses in businesses. The minimal invasive medical robots market is experiencing a negative growth due to temporary ban on elective surgeries which caused less demand for medical robots.
The minimal invasive medical robots market is segmented on the basis of product and application. The product segment is further bifurcated into imaging technology and balloons. The imaging technology sector is holding the largest share and shows potential growth in future forecast. The application segment is divided as ENT/respiratory, neurology, cosmetic and dental. Based on these the ENT/respiratory is the at having the largest share and potential growth for further forecasted years.
The major players for the minimum invasive medical robots market are Abbott Laboratories, Alphatec Spine, Applied Medical, Biomet, Hansen Medical, Coviden, Conmed Application, Given Imaging, ArthroCare Corporation, GE Healthcare, and Intuitive Surgical.
Regionally, the minimally invasive medical robot market is segmented as Asia-Pacific, Europe, North America, the Middle East and Africa and Latin America. North America attained the highest share due to presence of major players.