Emerging Trends to Drive Robotic Endoscopy Devices Market Growth at 16.1% CAGR Through 2029

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Robotic Endoscopy Devices Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size for robotic endoscopy devices has seen significant expansion. Expected to surge from $2.53 billion in 2024 to $2.98 billion in 2025, the market will experience a compound annual growth rate (CAGR) of 18.0%. Several factors have contributed to this upward trend during the historic period. These factors include an increasingly elderly population, the growing preference for minimally invasive procedures, heightened awareness about the importance of early detection of diseases, regulatory authorizations, and a surge in the occurrence of gastrointestinal disorders.

How Will the Robotic Endoscopy Devices Market Size Evolve and Grow by 2029?
The market value of robotic endoscopy devices is poised for a speedy expansion in the impending years. It's projected to amass a significant increase to $5.42 billion in 2029, with a compound annual growth rate (CAGR) of 16.1%. Factors fueling this growth within the predicted period are the broadening of applications in robotic surgery, a burgeoning demand for remote surgical capabilities, amplified healthcare spending, the escalating endorsement of endoscopic processes, and a swelling global patient base requiring endoscopy. In the upcoming trend, the forecast period will witness the rise of flexible robotic endoscopy devices, the incorporation of machine learning in endoscopic diagnostics, the advent of capsule endoscopy technology, the shift towards disposable endoscopy devices, and the heightened application of robotics in therapeutic endoscopy.

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What Drivers Are Propelling the Growth of Robotic Endoscopy Devices Market Forward?
The robotic endoscopy device market is projected to experience growth fueled by the increasing utilization of robotic surgeries. These high-tech surgeries employ robotic systems to aid surgeons in the operational process. Robotic devices have found extensive use in endoscopic procedures, enhancing maneuverability, efficiency, and simplification of intricate processes by augmenting visualization, access, and manipulation of tissue. For instance, in June 2023, the Royal Australasian College of Surgeons, a not-for-profit organization based in Australia, shared that device technologies, the domestic distributor of Intuitive da Vinci robotic platforms, recorded a 12 percent surge in the instances of robot-assisted surgeries using da Vinci platforms in Australia and Aotearoa New Zealand, escalating from 17,852 in 2021 to 19,989 in 2022. Consequently, the rising frequency of robotic surgeries is propelling the growth of the robotic endoscopy device market.

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Which Emerging Trends Are Transforming the Robotic Endoscopy Devices Market in 2025?
Product advancements are a major trend that is witnessing increasing traction in the robotic endoscopy device marketplace. Prominent firms in this market are introducing sophisticated technologies and product offerings to maintain their market standing. For instance, Virtuoso Surgical, a manufacturer of minimally invasive surgery instruments based in the US, unveiled its novel robotic surgery system in May 2023. This new system incorporates innovative technology that assists surgeons in endoscopic operations. It enables surgeons to perform intricate movements deep within the body using both hands. The endoscope tip of Virtuoso Surgical's system, equipped with two robotically controlled, needle-sized manipulators, measures less than half the diameter of a US dime. The manipulators are 1mm in diameter and the scope itself is significantly smaller than the equipment typically used by regular robotic endoscopes.

What Are the Key Segments in the Robotic Endoscopy Devices Market?
The robotic endoscopy devices market covered in this report is segmented -

1) By Product: Diagnostic, Therapeutic
2) By Application: Colonoscopy, Bronchoscopy, Laparoscopy, Gastrointestinal Endoscopy, Other Application
3) By End User: Hospitals, Ambulatory Surgical Centers, Other End Users

Subsegments:
1) By Diagnostic: Robotic Endoscopes, Imaging Systems, Biopsy Tools
2) By Therapeutic: Surgical Robots, Laser Systems, Ablation Devices, Stenting Systems

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Who Are the Key Players Shaping the Robotic Endoscopy Devices Market's Competitive Landscape?
Major companies operating in the robotic endoscopy devices market include 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 Geographic Markets Are Powering Growth in the Robotic Endoscopy Devices Market?
North America was the largest region in the robotic endoscopy devices market in 2024. The regions covered in the robotic endoscopy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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