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Rituximab Biosimilars Market Analysis & Forecast 2024 to 2033 | Key Players Tenet Healthcare Corporation, HCA Healthcare, Inc, Asklepios Kliniken Verwaltungsgesellschaft Mbh.
Rituximab Biosimilars Market Share
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According to The Business Research Company's, The robotic surgery devices market size has grown rapidly in recent years. It will grow from $6.84 billion in 2023 to $7.81 billion in 2024 at a compound annual growth rate (CAGR) of 14.0%. The growth in the historic period can be attributed to rise in use of surgical robots, growth in the number of healthcare facilities, favorable government legislations and increased healthcare spending and rapid growth in the elderly population. .
The robotic surgery devices market size is expected to see rapid growth in the next few years. It will grow to $13.37 billion in 2028 at a compound annual growth rate (CAGR) of 14.4%. The growth in the forecast period can be attributed to increasing product launches, minimally invasive surgeries, increasing prevalence of chronic diseases and rise in healthcare expenditure will drive the growth. Major trends in the forecast period include in-vivo robots in surgery services, new technology development, increase in merger and acquisition activities, nanobots in surgery services and artificial intelligence in robotic surgery services..
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Market Drivers and Trends:
The rise in demand for minimally invasive technology is driving the robotic surgery devices market. Minimally Invasive (MI) surgery devices are equipped with imaging and catheter technologies that can be easily inserted into any part of the body. Robotic surgery procedures are usually associated with minimally invasive surgeries. These technologies are mainly used for heart, laparoscopy, orthopedic, gynecological, and urological surgeries. Robotic surgeries were introduced to reduce patient hospital length of stay (LOS), pain, complications, return to work time, and reoperations. According to the Intuitive Surgical company report, there is a 24% growth year on year for instruments and accessories. For robotic systems, the company has gained 16% growth and the overall robotic surgery devices market is growing at a rate of 13% -16%. The Intuitive Surgical company estimates that more than 1.2 million surgical procedures were done by using their robotic systems. Consumer preferences are changing, and hospitals are adopting robotic surgery devices to create more value and cost-effective surgical procedures.
The advances in surgical products and technologies in the health care industry are creating more opportunities in the robotic surgery devices market. Increasing investments in R&D is helping investors to create value for the customers by producing medical-surgical products like robotic surgery devices by using the latest technologies. With the use of robotic systems that are equipped with optical imaging, surgical tools, instruments, and accessories, the surgeries are made easier. Some of the surgical advances that are creating more value and opportunity in the healthcare industry include 3-D high definition endoscope (Multi-Angle Rear-Viewing Endoscopic tool) devices for Brain surgery, Smart surgical glasses (equipped with a video camera and Head-mounted monitor) that act like computers, and can use for live observation of surgeries, surgical robots with artificial intelligence that acts as doctors, and humanoid robots which are used for highly critical surgeries in eye and brain. The other advanced surgical tool is remote robotics, which is used to assist with surgery from any remote location. Therefore, robotic surgery devices are playing an important role in the healthcare industry with their technological advancements and innovations.
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Major Key Players of the Market:
Darden Restaurants, Yum China Holdings, Inc., McDonald's, Chipotle, Zensho Holdings Co Ltd, Subway, Chick-fil-A, Berkshire Hathaway Inc., Bloomin' Brands, Brinker International, Qummy, Bomra's, Mimi Kakushi, Orfali Bros Bistro, GrowFood, Live Menu, Zuma, Olympic Oils Limited, PedidosYa, iFood, LPM Restaurant & Bar, Wasabi by Morimoto, Burger King, MenuDino, The Table, Flair Rooftop, Masque, Bon Bon Buddies Ltd, Gaia, LanTing Restaurant, Salon de Ville, Bartello, Interfood Technology Ltd, Il Borro Tuscan Bistro, Broniboy, Club Dominó, Uber Eats, The Handmade Cake Company Limited, Cut by Wolfgang Puck, Just Eat, YICAFE at Pudong Shangri-La, KFC, Deliveroo, La Vita è Bella, Reif Kushiyaki, Performance Food, Catery, Cracker Barrel Old Country Store, The Abergavenny Fine Foods Company, 3 Fils, Shanghai Haidilao Hot Pot, Pizza Express, Iiko, Jin Xuan Chinese Restaurant, Welldone, Restaurant Brands International Inc., Amazonico, Fiona Cairns Limited
Robotic Surgery Devices Market 2024 Key Insights:
• The robotic surgery devices market size is expected to see rapid growth in the next few years. It will grow to $13.37 billion in 2028 at a compound annual growth rate (CAGR) of 14.4%.
• Rising Demand For Minimally Invasive Surgery Drives Growth In Robotic Surgery Devices Market
• Technological Advancements In Surgical Products Fuel Opportunities In Robotic Surgery Devices Market
• North America was the largest region in the robotic surgery devices market in 2023
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