Press release
Growth Surge in Robotic Endoscopy Devices Market Amid Rising Demand for Minimally Invasive Procedures
Growth Surge in Robotic Endoscopy Devices Market
What Is The Projected Market Size Of The Global Robotic Endoscopy Devices Market And Its Growth Rate?
- The Robotic Endoscopy Devices market size has seen significant expansion in recent years.
- It is projected to grow from $2.53 billion in 2024 to $2.98 billion in 2025, representing a compound annual growth rate (CAGR) of 18.0%.
- This market growth can be attributed to an aging population, increasing demand for minimally invasive procedures, rising awareness of early disease detection, regulatory approvals, and growing prevalence of gastrointestinal disorders.
- Furthermore, the Robotic Endoscopy Devices market size is expected to see continued growth, reaching $5.42 billion in 2029 at a CAGR of 16.1%.
- This predicted growth is based on factors like the expansion of robotic surgery applications, rising demand for remote surgery capabilities, increasing healthcare expenditure, growing adoption of endoscopic procedures, and a surge in the global patient base for endoscopy.
What Is Driving The Growth In The Robotic Endoscopy Devices Market?
The growth of the robotic endoscopy device market is largely propelled by the increasing number of robotic surgery procedures. Robotic surgery is an advanced surgical technique that uses robotic systems to assist surgeons during procedures. These devices are often used in endoscopy procedures, providing better maneuverability and efficiency and simplifying complex processes. The rise in the number of robotic surgery procedures further drives the growth of the robotic endoscopy device market.
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Who Are the Key Players Driving Robotic Endoscopy Devices Market Growth?
- Johnson & Johnson Services Inc.
- Medtronic PLC
- FUJIFILM Holdings Corporation
- Stryker Corporation
- Boston Scientific Corporation
- B. Braun Melsungen AG
- Carl Zeiss AG
- Olympus Corporation
- HOYA Corporation
- Intuitive Surgical Inc.
- Smith + Nephew GmbH
- Arthrex Inc.
- ENDO Robotics Co Ltd.
- Karl Storz SE & Co. KG
- Auris Health Inc.
- Cantel Medical Corp.
- ConMed Corporation
- Ambu A/S
- Richard Wolf GmbH
- Brainlab AG
- Renishaw plc.
- Fortimedix Surgical B.V.
- CapsoVision Inc.
- Asensus Surgical Inc.
- Medrobotics Corporation
- EndoMaster Pte Ltd.
- Ovesco Endoscopy AG
- Medineering GmbH
- Virtuoso Surgical Inc.
- Gray Optics Co
What Are The Key Trends In The Robotic Endoscopy Devices Market?
- Development of flexible robotic endoscopy devices
- Integration of machine learning in endoscopic diagnostics
- Emergence of capsule endoscopy technology
- Focus on disposable endoscopy devices
- Increasing use of robotics in therapeutic endoscopy
What Are The Segments Of The Global Robotic Endoscopy Devices Market?
1) By Product: Diagnostic, Therapeutic
2) By Application: Colonoscopy, Bronchoscopy, Laparoscopy, Gastrointestinal Endoscopy, Other Applications
3) By End User: Hospitals, Ambulatory Surgical Centers, Other End Users
Which Region Leads The Robotic Endoscopy Devices Market?
North America was the largest region in the robotic endoscopy devices market in 2024. The regions covered in this market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Robotic Endoscopy Devices Market Global Market Report?
- Market Size Analysis: Analyze the Robotic Endoscopy Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Robotic Endoscopy Devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Robotic Endoscopy Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Robotic Endoscopy Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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