Minimally Invasive Medical Robotics Market
Minimally Invasive Medical Robotics Market Global Industry Assessment & Forecast
Segments Covered
- By Product Rehabilitation Robots, Surgical Robots, Hospital and Pharmacy Robots, Non-invasive Radiosurgery Robots, Others
- By Application Neurosurgery, Orthopedic, Laparoscopy, Gynaecology, Others
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 16.23 Billion |
Revenue 2028: | 27.49 Billion |
Revenue CAGR (2021 - 2028): | 6.81 |
Fastest Growing Region (2022 - 2028) | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Table of Content:
- Chapter No. 1: Introduction
- Report Scope
- Objectives of the Study
- USP & Key Offerings
- Target Audience
- Vantage Market Research Report Guidance/Walk-through
- Chapter No. 2: Premium Insights
- Market Snapshot
- Top Investment Pockets
- Market Attractiveness Analysis, By Product
- Market Attractiveness Analysis, By Application
- Market Attractiveness Analysis, By North America
- Insights from Primary Respondents
- Chapter No. 3: Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter’s Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
- Pricing Analysis
- Patent Analysis
- Value Chain Analysis
- Downstream Buyers
- Distributors/Traders List
- Chapter No. 4: Competitive Landscape
- Competition Matrix – 2020
- Company Market Share Analysis – 2020
- Company Market Share, 2020
- Company Market Revenue, 2017 – 2020 (USD Million)
- Company Y-o-Y Growth, 2018 – 2020 (%)
- Strategic Developments
- CAcquisitions & Mergers
- New Product Launch
- New Product Launch
- New Product Launch
- Chapter No. 5: COVID 19 Impact Analysis
- Impact Assessment of COVID-19 Pandemic, By North America
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Quarterly Market Revenue Forecast by North America 2020 & 2021
- Pre COVID-19 Market Revenue, By North America, 2016-2019 (USD Million)
- Post COVID-19 Market Revenue, By North America, 2020-2028 (USD Million)
- Key Strategies Undertaken by Companies to Tackle COVID-19
- Short Term Dynamics
- Long Term Dynamics
- Impact Assessment of COVID-19 Pandemic, By North America
- Chapter No. 6: Global Minimally Invasive Medical Robotics Market - Segment Analysis
- Overview
- Global Minimally Invasive Medical Robotics Market, 2016 – 2028 (USD Million)
- Global Market Revenue, By North America, 2020 & 2028
- Global Market Revenue, By North America, 2020 & 2028
- Global Market Revenue, By North America, 2020 & 2028
- Global Keyword Market - By Application
- Overview
- Global Keyword Market - By North America
- Overview
- Global Market Revenue, By North America, 2016 – 2028 (USD Million)
- Chapter No. 7: North America Minimally Invasive Medical Robotics Market - Segment Analysis
- Overview
- North America Minimally Invasive Medical Robotics Market, 2016 – 2028 (USD Million)
- North America Market, By Product
- North America Market Revenue, By Product, 2016 – 2028
- North America Market, By Application
- North America Market Revenue, By Application, 2016 – 2028
- North America Market, By
- North America Market Revenue, By , 2016 – 2028 (USD Million)
- Chapter No. 8: Europe Minimally Invasive Medical Robotics Market - Segment Analysis
- Overview
- Europe Minimally Invasive Medical Robotics Market, 2016 – 2028 (USD Million)
- Europe Market Revenue Share, By , 2020 & 2028
- Europe Market, By Product
- Europe Market Revenue, By Product, 2016 – 2028
- Europe Market, By Application
- Europe Market Revenue, By Application, 2016 – 2028
- Europe Market, By
- Europe Market Revenue, By , 2016 – 2028 (USD Million)
- Chapter No. 9: Asia Pacific Minimally Invasive Medical Robotics Market - Segment Analysis
- Overview
- Asia Pacific Minimally Invasive Medical Robotics Market, 2016 – 2028 (USD Million)
- Asia Pacific Market Revenue Share, By , 2020 & 2028
- Asia Pacific Market, By Product
- Asia Pacific Market Revenue, By Product, 2016 – 2028
- Asia Pacific Market, By Application
- Asia Pacific Market Revenue, By Application, 2016 – 2028
- Asia Pacific Market, By
- Asia Pacific Market Revenue, By , 2016 – 2028 (USD Million)
- Chapter No. 10: Latin America Minimally Invasive Medical Robotics Market - Segment Analysis
- Overview
- Latin America Minimally Invasive Medical Robotics Market, 2016 – 2028 (USD Million)
- Latin America Market Revenue Share, By , 2020 & 2028
- Latin America Market, By Product
- Latin America Market Revenue, By Product, 2016 – 2028
- Latin America Market, By Application
- Latin America Market Revenue, By Application, 2016 – 2028
- Latin America Market, By
- Latin America Market Revenue, By , 2016 – 2028 (USD Million)
- Chapter No. 11: Middle East & Africa Minimally Invasive Medical Robotics Market - Segment Analysis
- Overview
- Middle East & Africa Minimally Invasive Medical Robotics Market, 2016 – 2028 (USD Million)
- Middle East & Africa Market Revenue Share, By , 2020 & 2028
- Middle East & Africa Market, By Product
- Middle East & Africa Market Revenue, By Product, 2016 – 2028
- Middle East & Africa Market, By Application
- Middle East & Africa Market Revenue, By Application, 2016 – 2028
- Middle East & Africa Market, By
- Middle East & Africa Market Revenue, By , 2016 – 2028 (USD Million)
- Chapter No. 12: Marketing Strategy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
- Economic/Political Environmental Change
- Chapter No. 13: Company Profiles
- Company
- Chapter No. 14: Research Methodology
- Research Methodology
- Phase I - Secondary Research
-
Phase II - Data Modeling
- Company Share Analysis Model
- Revenue Based Modeling
- Phase III - Primary Research
-
Research Limitations
- Research Limitations
FAQ
Frequently Asked Question
What is the global demand for Minimally Invasive Medical Robotics in terms of revenue?
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The global Minimally Invasive Medical Robotics valued at 16.23 Billion in 2020 and is expected to reach 27.49 Billion in 2028 growing at a CAGR of 6.81%.
Which are the prominent players in the market?
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The prominent players in the market are GIVEN IMAGING, BOSTON SCIENTIFIC CORPORATION, ARTHROCARE CORPORATION, GE HEALTHCARE, INTUITIVE SURGICAL, ABBOTT LABORATORIES, ALPHATEC SPINE, APPLIED MEDICAL, BIOMET, HANSEN MEDICAL, COVIDIEN, CONMED CORPORATION..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 6.81% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Minimally Invasive Medical Robotics include
- The increasing technological developments in the field of medical industry is anticipated to augment the growth of the minimally invasive medical robotics market during the forecast period. The integration of advance technologies like AI in medical surgeries have resulted in precise operations with less pain. The application of Artificial intelligence in surgical robotics can determine various patterns inside surgical procedures to improve practices and control accuracy of surgical robots to submillimetre precision. Furthermore, AI is also being used to analyse scans and detect cancerous cases. Additionally, the laparoscopic video analysis of surgeries helps to identify missing or unexpected steps in real time. The advanced robots are constructed of flexible, soft, and deformable materials which provides greater flexibility and high response to touch, thus enhancing their greater intrinsic safety. Thus, the advancements in technologies are expected to contribute to the growth of the minimally invasive medical robotics market.
- The rise in demand from emerging economies and increasing surgical procedures across the globe is expected to support the growth of the minimally invasive medical robotics market in the years to come. This is owing to the low regulatory barriers, growing patient population, increasing healthcare expenditure, and developments and enhancements in healthcare infrastructure.
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Minimally Invasive Medical Robotics in 2020.