#Asia Pacific Surgical Robotics Market Segmentation

[mohitsper]

Asia Pacific Surgical Robotics Market Size and Share, Rising Trends, Revenue, Growth Drivers, CAGR Status, Challenges and Future Opportunities 2033

According to SPER Market Research, the report ‘Asia Pacific Surgical Robotics Market Size- By Type, By Application – Surgical robots are advanced medical devices widely utilized in the healthcare sector to aid surgeons in complex procedures. Their popularity stems from numerous benefits, such as unmatched precision, minimally invasive techniques, reduced scarring, enhanced visibility, and faster patient recovery. These robots are increasingly seen as the standard of care, with surgeons choosing them to improve procedure accuracy and patient outcomes. Additionally, surgical robots enhance surgeon ergonomics, reducing physical strain, increasing freedom of movement, enhancing visualization, and providing greater flexibility at the console.

Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ projects that the Asia Pacific Surgical Robotics Market will reach USD 5.51 billion by 2033, growing at a CAGR of 11.81%.

Key Market Drivers

The Asia-Pacific region is witnessing substantial growth in the surgical robotics market due to the evolution of medical procedures and healthcare infrastructure. Key factors include a rising preference for minimally invasive surgeries and growing awareness among medical professionals about the benefits of training, simulation, and continued medical education. Technological advancements are not only reshaping surgical techniques but also improving patient outcomes and reducing recovery times. With increasing acceptance of surgical robotics by healthcare providers, the Asia-Pacific region is establishing itself as a global leader in surgical robotics. This technology holds transformative potential for future healthcare by enhancing precision, productivity, and minimally invasive practices.

Market Challenges

Operating surgical robots requires highly specialized skills, demanding deep knowledge of both surgical procedures and robotic systems. However, there is a notable shortage of professionals in the Asia-Pacific region with these capabilities. The lack of adequate training programs and the high costs associated with acquiring these skills contribute to this shortage. Rapid advancements in surgical robotics also require ongoing training, adding further strain. This shortage of skilled operators poses a significant challenge for the growth of the surgical robotics market in Asia-Pacific, potentially limiting the region’s ability to meet the rising demand for robotic surgeries.

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Impact of COVID-19

The COVID-19 pandemic significantly impacted the Asia-Pacific surgical robotics market, underscoring the need for modern healthcare technologies to address the crisis effectively. The pandemic accelerated the adoption of telemedicine and remote surgery, driving demand for robots capable of performing minimally invasive surgeries with minimal human intervention. However, economic challenges and postponed non-urgent procedures during the pandemic led healthcare facilities to delay investments in medical robotics.

In 2022, China led the Asia-Pacific surgical robotics market by market share. Key players in this sector include Stryker Corporation, Intuitive Surgical, Inc., Mazor Robotics, THINK Surgical Inc., among others.

Asia Pacific Surgical Robotics Market Segmentation

By Type: Based on the Type, Asia Pacific Surgical Robotics Market is segmented as; Surgical Systems, Instruments and Accessories, Services.

By Application: The Asia Pacific Surgical Robotics Market is divided into the following segments based on applications- Head and Neck Surgery, Orthopaedic Surgery, Cardiology Surgery, Gynaecology Surgery, Urology Surgery, and Other Surgeries.

By Region: This research includes data for China, Japan, India, South Korea, Australia, Indonesia, Others.

For More Information, refer to below link: -

Asia Pacific Surgical Robotics Market Outlook

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Electroactive Polymers Market — By Type , By Application , By Geography — Global Opportunity Analysis & Industry Forecast, 2024–2030

Electroactive Polymers Market Overview

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Electroactive Polymers Market COVID-19 Pandemic

The outbreak of Covid-19 is having a huge impact on the economy of electronic devices. The COVID-19 pandemic caused an unprecedented increased demand for some medical devices, as well as significant disruptions in the manufacturing and supply chain operations of global medical devices. The FDA monitors the supply chain of medical products and works closely with producers and other stakeholders to assess the risk of disruption and to prevent or reduce its impact on patients, health care providers, and the general public’s health. In addition, there is a delay in imports and exports of medical devices due to the import-export restriction by the governments in various regions. All these factors are having a major impact on the Electroactive Polymers Market during the pandemic.

Report Coverage

The report: “Electroactive Polymers Market — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the electroactive polymers Industry.

By Type: Ionic Electroactive Polymers (Ionic Polymer Gels (IPG), Ionic Polymer Metal Composites (IPMC), Conductive Polymers (CP), and Carbon Nanotubes (CNT)), Electronic Electroactive Polymers (Ferroelectric Polymers, Electrostrictive Graft Elastomers, Dielectric Elastomers, Electro VIscoelastic Elastomers, Liquid Crystal Elastomer (LCE), and Others), and Others.

By Application: Actuators, Sensors, Plastic, Aviation Technology, Energy Generation, Automotive Devices, Prosthetics, Robotics, and Others.

By Geography: North America (U.S., Canada, and Mexico), Europe (U.K, Germany, France, Italy, Netherland, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East, and Africa).

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Key Takeaways

Asia-Pacific dominates the Electroactive Polymers Market owing to the increasing demand for the electroactive polymers industry in the region. The increasing urbanization coupled with the rising population in APAC is the major factor driving the demand for electroactive polymers.

Electroactive polymers are extensively used for corrosion-preventing coatings in ferrous and non-ferrous alloys, actuators, damped harmonic oscillator, metamorphic biomaterials, and protective fabrics points. These properties of electroactive polymers are projected to increase market growth.

Electroactive polymers due to its unique properties find application in different end-use industries. These are lighter in weight, more durable, and have better conductive properties, unlike conventional materials (metals). During the forecast period, this factor is anticipated to drive the market.

Due to the Covid-19 pandemic, most of the countries have gone under lockdown, due to which the projects and operations of various industries such as energy generation and automotive are disruptively stopped, which is hampering the Electroactive Polymers Market growth.

Electroactive Polymers Market Segment Analysis — By Type

The conductive polymers segment held the largest share in the Electroactive Polymers Market in 2020 and is growing at a CAGR 8.10% over 2024–2030. The significant class of functional materials that have certain useful properties of both organic polymers (such as strength, plasticity, flexibility, strength, elasticity) and semiconductors (such as electric conductivity) are conducting polymers (CPs). The conductive polymers are often used in miniature boxes that have the ability to open and close, micro-robots, surgical tools, surgical robots that assemble other micro-devices. In addition, conductive polymers (CPs) are extensively used as an alternative to metallic interfaces within biomedical devices as a way of imparting electroactivity to normally passive devices such as tissue scaffolds. Thus, all these extensive characteristics of conductive polymers are the key factor anticipated to boost the demand for conductive polymers in various regions during the forecast period.

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Electroactive Polymers Market Segment Analysis — By Application

The actuator segment held the largest share in the Electroactive Polymers Market in 2020 and is expected to grow with a CAGR of 7.2% for forecast period. To maximize the actuation capability and durability, effective fabrication, shaping, and electrode techniques are being developed. Many engineers and scientists from many different disciplines are attracting attention with the impressive advances in improving their actuation strain. Due to their inherent piezoelectric effect, ferroelectric polymers, such as polyvinylidene fluoride (PVDF), are largely used in manufacturing electromechanical actuators. For biomimetic applications, these materials are especially attractive, as they can be used to make intelligent robots and other biologically inspired mechanisms. To form part of mass-produced products, many EAP actuators are still emerging and need further advancements. This requires the use of models of computational chemistry, comprehensive science of materials, electro-mechanical analytical tools, and research into material processing. Which will eventually drive is the Electroactive Polymers Market during the forecast period.

Electroactive Polymers Market Segment Analysis — By Geography

Asia-Pacific region held the largest share in the Electroactive Polymers Market in 2020 up to 38%, owing to the escalating medical device industry in the region. A key factor behind the growth of the region’s electroactive polymer market is the large demand for electroactive polymers for the manufacture of advanced implant devices for medical conditions. According to Invest India, the Indian medical device sector is projected to register a CAGR of 14.8% and is expected to reach $11.9 billion in 2021–22, and the sector is projected to reach $ 65 bn industry by 2024. According to the most recent official figures from the Ministry of Health, Labour and Welfare (MHLW), the Japanese medical devices market in 2018 was roughly $29.3 billion, up about 6.9 percent from 2017 in yen terms. And from 2018 to 2023, the medical device market in Japan is estimated to show an increment of 4.5% CAGR in yen terms. Furthermore, North America also holds a prominent market share of the Electroactive Polymers Market due to the escalating medical device industry. According to the Select USA, the United States medical device market is anticipated to rise to $208 billion by the year 2023. Thus, with the expanding medical device industry, the demand for electroactive polymers will also subsequently increase, which is anticipated to drive the Electroactive Polymers Market in the Asia Pacific and North America during the forecast period.

Electroactive Polymers Market Drivers

Increasing Automotive Production

In the automotive industry, electroactive polymers are used as actuators and sensors. For materials that are light in weight but strong and durable such as an electroactive polymer, there is high demand. By using modern electroactive polymers in numerous automotive electronic components, such as multiple sensors, accelerometers, and accelerator pedal modules, car manufacturers are attempting to achieve lightweight properties. China is the world’s largest vehicle market, according to the International Trade Administration (ITA), and the Chinese government expects the production of cars to reach 35 million by 2025. According to the International Trade Administration (ITA), in 2019 the Mexican market for electric, plug-in vehicles, and hybrid vehicles reached 25,608 units, representing a 43.8% growth over 2018. Thus, increasing automation production will require more electroactive polymers for manufacturing various automotive components, which will act as a driver for the Electroactive Polymers Market during the forecast period.

Increasing Application of Electroactive Polymers

Textiles called sensing and actuating microfibers can be directly woven into electromechanical systems such as sensors, actuators, electronics, and power sources. They can be used as smart fabrics because of the flexibility and low cost of electroactive polymers. In developing intelligent fabrics, polypyrrole and polyaniline are used. In addition, using electroactive polymers in robotics for muscle development is better, as it is more cost-effective than the semiconductor and metal materials. And robotics is widely used; hence the demand for electroactive polymers will also positively affect the market growth. Furthermore, Electroactive Polymers Market growth is increasing owing to its wide usage in areas such as medical devices, damped harmonic oscillator, electric displacement field, electrostatic discharge/electromagnetic interference, high-strain sensors, and biomimetic. Hence, the increasing application of electroactive polymers acts as a driver for the Electroactive Polymers Market.

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Electroactive Polymers Market Challenges

Environmental Hazards Related to the Electroactive Polymers

Raw materials which are used to produce electroactive polymers (EAPs) are difficult to extract and often harmful to the environment. The disposal of waste generated by electroactive polymers is one of the major concerns (EAPs). Improper disposal of EAP products could harm the environment and ultimately impact the food chain. Manufacturers of EAPs may experience increased costs associated with the disposal of certain electroactive polymers (EAPs) that cannot be disposed of by biodegradation. The government has, therefore, enforced strict regulations on the use of such polymers. Besides, the environmental regulations on the use of petroleum products restrict the growth of the EAPs market. These factors are hampering the electroactive polymer market growth.

Electroactive Polymers Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Electroactive Polymers Market. Major players in the Electroactive Polymers Market are Solvay, Parker Hannifin, Agfa-Gevaert, 3M, Merck, Lubrizol, Novasentis, Premix, PolyOne Corporation, Celanese Corporation, and KEMET Corporation.

Key Market Players:

The Top 5 companies in the Electroactive Polymers Market are:

Merck

3M

Solvay

Parker Hannifin

Agfa-Gevaert

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Medical Biomimetics Market Exploring Opportunities: Demand and Trends , Dynamic Innovation in Technology, Regional Outlook, Forecast to 2033

Medical Biomimetics Market: A Promising Growth Outlook in the Coming Decade

Straits Research

The global medical biomimetics market, valued at USD 30.78 billion in 2022, is expected to experience substantial growth over the next decade. With projections indicating a rise to USD 54.25 billion by 2031, the market is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2031. This remarkable growth is driven by advancements in medical technologies that seek to replicate natural biological processes to create highly efficient and effective treatments.

Market Overview

Medical biomimetics involves the application of biological systems and processes to design and develop medical technologies that mimic nature. By studying biological organisms and systems, researchers and companies in the medical biomimetics field aim to create solutions that improve patient outcomes and enhance the efficacy of treatments.

As the demand for innovative solutions in various areas such as wound healing, tissue engineering, and drug delivery increases, the medical biomimetics market continues to expand its footprint. This rise in market demand reflects the growing shift toward more natural, sustainable, and effective medical interventions that have a lower risk of complications.

Market Dynamics

The medical biomimetics market is fueled by several key trends, drivers, and opportunities:

Key Trends:

Technological Advancements in Biomimetic Materials: There is a growing focus on developing new materials that can better mimic the functionality of biological tissues, such as more durable, flexible, and biocompatible materials.

Integration of Artificial Intelligence (AI) and Robotics: The intersection of AI and robotics with biomimetic designs is revolutionizing fields like surgical robots, enhancing precision, and patient outcomes.

Market Drivers:

Rising Demand for Personalized Medicine: As healthcare moves toward more individualized treatments, biomimetic technologies offer tailored solutions to better meet the needs of patients.

Increased Prevalence of Chronic Diseases: The increasing incidence of chronic conditions like cardiovascular diseases and orthopedic disorders is driving demand for advanced biomimetic solutions.

Market Opportunities:

Expanding Applications in Drug Delivery Systems: Biomimetic materials are increasingly used in the development of drug delivery systems, providing new opportunities for more effective treatment protocols.

Emerging Markets in Asia Pacific: The rapid growth of healthcare infrastructure in the Asia Pacific region offers untapped opportunities for market expansion, particularly in countries like India and China.

Market Segmentation

The medical biomimetics market is segmented as follows:

By Disease Type:

Ophthalmology

Cardiovascular

Orthopedic

Dental

Others

By Application:

Wound Healing

Tissue Engineering

Drug Delivery

Others

For a more detailed segmentation analysis, you can access further information at this link.

Key Players in the Medical Biomimetics Market

The competitive landscape of the medical biomimetics market is shaped by several key players. These companies are at the forefront of innovation, developing new solutions that push the boundaries of what is possible in healthcare:

Otsuka Medical Devices Group

Stryker

Abbott

AVINENT Science and Technology

SynTouch Inc

Osteopore International Pte Ltd

Vandstrom Inc

Biomimetics Technologies Inc

Swedish Biomimetics 3000 ApS

Keystone Dental Group

LifeMatrix

Curasan Inc

CorNeat Vision

NanoHive Medical LLC

Zimmer Biomet

Regional Insights

The North American region continues to dominate the medical biomimetics market, owing to its advanced healthcare infrastructure, increasing investment in medical research, and a high rate of adoption of new technologies. However, the Asia Pacific region is expected to be the fastest-growing market, driven by the growing healthcare needs in emerging economies, rising medical expenditure, and rapid technological advancements in the region.

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As the medical biomimetics market continues to grow and evolve, there is immense potential for innovation that could change the future of healthcare, offering more natural, effective, and personalized treatments for patients worldwide. The continuous advancement of technology and the increasing adoption of biomimetic solutions offer promising opportunities for healthcare providers, researchers, and manufacturers alike.

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[automotive-and-aerospace]

Service Robots Market Report

Service Robots Market Report: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2031

The Service Robotswas valued at USD 24.29 billion in 2022. It is projected to reach USD 40.35 billion by 2031, growing at a CAGR of 21.3% during the forecast period (2023-2031). Service robots are referred to as robots designed to assist humans and perform useful work, except for manufacturing and industrial automation applications. Service robots are mainly intended to operate in fully automatic or semi-automatic modes and perform various tedious tasks, thereby offering safety and high efficiency in various applications.

Drivers in the Service Robots Market

The growth of the Service Robots Market is driven by several factors, including:

Increasing demand for automation and robotics in various industries

Advancements in artificial intelligence and machine learning technologies

Growing need for efficient and cost-effective solutions in healthcare, logistics, and other sectors

 Key Developments in the Service Robots Market

Strategic partnerships and collaborations among key players to develop innovative service robot solutions

Investments in research and development to improve the functionality and efficiency of service robots

Growing adoption of service robots in emerging markets, such as Asia-Pacific and Latin America

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Top Key Players

The global Service Robots Market is dominated by several key players, including:

DeLaval International AB (Sweden)

Daifuku (Japan), Cyberdyne (Japan)

DJI (China), Kongsberg Maritime (Norway)

Northrop Grumman (U.S.)

iRobot (U.S.), SoftBank Robotics (Japan)

Intuitive Surgical Inc (U.S.)

Neato Robotics (U.S.)

KUKA Swisslog (Germany)

Lely (Netherlands)

ECA Group (France)

3DR (U.S.), Stryker Corporation (U.S.)

Parrot SA (France)

General Electric (U.S.)

Amazon Robotics (U.S.)

ecoRobotix (Switzerland)

GRAAL (Italy)

PrecisionHawk (U.S.)

Harvest Croo (U.S.)

Starship Technologies (U.S.)

Hanson Robotics (China)

UBTECH Robotics (China)

 Detailed Table of Content: https://straitsresearch.com/report/service-robots-market/toc

Segmentation Analysis of the Service Robots Market

The global Service Robots Market can be segmented into several categories, including:

By Type

Professional

Personal & Domestic

By Environment

Ground

Aerial

Marine

By Component

Hardware

Software

By Application

Domestic

Medical

Defense

Educational and Personal

Construction

Market Segmentation: https://straitsresearch.com/report/service-robots-market/segmentation

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Straits Research is a global provider of high-quality market research, analytics, and advisory services. With a dedicated team of expert analysts, we deliver actionable data and insights to support informed business decisions. Our customized approach allows us to cater to each client’s specific needs, ensuring the most relevant and valuable market intelligence.

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[global-research-report]

ENT Devices Market Size, Share, and Growth Opportunities 2024-2030

Ent Devices Industry Overview

The global ENT devices market size is anticipated to reach USD 37.72 billion by 2030, growing at a CAGR of 5.54% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth can be attributed to factors such as a rising geriatric population, high prevalence of hearing loss, and increasing penetration of minimally invasive surgeries. Technological advancements in this field, an increase in healthcare investment for early detection of diseases, and favorable regulatory policies are other factors expected to drive the market’s growth.

The risk of poor immunity increases with age, making older people more vulnerable to disorders of the nose and throat. To address this issue, elderly people need regular check-ups for ENT disorders, which is leading to a rise in demand for ENT devices. According to the Royal National Institute for Deaf People (RNID), over 12 million people in the UK suffered from hearing loss. Out of these, over 40% of people were in the 50s & above, and more than 70% of people were in the 70s & above.

Gather more insights about the market drivers, restrains and growth of the Ent Devices Market

Hearing loss is a common chronic physical condition affecting the people of all ages. It is the third-most common condition after high blood pressure and arthritis. It is more prevalent in elder population, particularly in people over 65 years of age, and 1 in 3 people are likely to suffer from a disabling hearing loss. It can negatively impact communication and leading to depression, anxiety, social isolation, and cognitive decline. According to the National Institute on Deafness and Other Communication Disorders, 15% of the total U.S. population over 18 years of age are likely to have a hearing impairment. In addition, men are more likely to be affected with hearing loss than women.

Browse through Grand View Research's Medical Devices Industry Research Reports.

The global dental protein combined products market size was estimated at USD 1.02 billion in 2024 and is projected to grow at a CAGR of 10.0% from 2025 to 2030.

The global ophthalmic loupes market size was estimated at USD 542.7 million in 2024 and is projected to grow at a CAGR of 7.6% from 2025 to 2030.

ENT Devices Market Segmentation

Grand View Research has segmented the global ENT devices market based on product and region:

ENT Devices Product Outlook (Revenue, USD Million, 2018 - 2030)

Diagnostic ENT Devices

Rigid Endoscopes

Sinuscopes

Otoscopes

Laryngoscopes

Flexible Endoscopes

Bronchoscopes

Laryngoscopes

Nasopharyngoscopes

Robot Assisted Endoscope

Hearing Screening Device

Surgical ENT Devices

Radiofrequency handpieces

Otological Drill Burrs

ENT Hand Instruments

Sinus Dilation Devices

Nasal Packing Devices

Hearing Aids

Hearing Implants

Nasal Splints

ENT Devices Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

US

Canada

Europe

UK

Germany

France

Italy

Spain

Denmark

Sweden

Norway

Asia Pacific

China

Japan

India

South Korea

Australia

Thailand

Latin America

Brazil

Mexico

Argentina

Middle East & Africa (MEA)

South Africa

Saudi Arabia

UAE

Kuwait

 Key Companies profiled:

Ambu A/S

Cochlear Ltd.

Demant A/S

GN Store Nord A/S

Karl Storz

Olympus Corporation

PENTAX Medical

Richard Wolf GmbH

Rion Co., Ltd.

Smith & Nephew plc

Sonova

Key ENT Devices Company Insights

Some of the key market players include, Cochlear Ltd., Demant A/S, Stryker, and KARL STORZ.

Cochlear Ltd. (Cochlear) engages in developing and commercializing cochlear implants, bone conduction implants, & acoustic implants to treat hearing-impaired individuals. Cochlear Ltd. is a global company with major manufacturing facilities in Sweden and Australia.It has a global presence in more than 180 countries.

Demant A/S (Demant) is a global company that develops, manufactures, and commercializes hearing implants, traditional hearing instruments, personal communication devices, & diagnostic instruments. The group operates in over 30 countries and sells its products in over 130 countries.

Recent Developments

In April 2023, Unitron, a brand of Sonova launched Vivante, a platform aimed to enhance listener’s experience through personalized hearing control. This platform offers improved sound performance and new designs to enhance the hearing experience, integrating experience innovations and the remote plus app to offer a customized hearing experience.

In February 2023, Cochlear Ltd. announced a partnership with Amazon.com, Inc. to expand audio streaming for hearing aids for people with Cochlear's hearing implants to provide comfortable entertainment.

In November 2022, Cochlear Ltd. announced the expansion of its manufacturing facility plant in Kuala Lumpur, Malaysia. The expansion involved an asset of more than USD 6.28 million (RM 30 million) to help the growing demand for acoustic and cochlear hearing implants.

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[industrynewsupdates]

An In-Depth Look at the Growth of Global Surgical Robots Market

The global surgical robots market size is expected to reach USD 7.42 billion by 2030 and is expected to grow at a CAGR of 9.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Surgical robotic systems are equipped with high-definition cameras and robotic arms, allowing surgeons to perform complicated procedures with enhanced accuracy. The market has grown substantially due to rising demand for minimally invasive surgeries, need for improved surgical outcomes, and continuous evolution of robotic technology. As the healthcare landscape embraces innovation, surgical robots are increasingly becoming a vital tool, revolutionizing surgical approaches and contributing to better patient care.

Moreover, increasing penetration of international players in various regions is expected to boost market growth. COVID-19 outbreak significantly influenced the uptake and integration of surgical robots. Supply chain disruptions and extensive lockdowns across key nations had a notable impact on market growth. An overall decline in surgical procedure volumes due to the pandemic and stringent regulations contributed to the downturn in 2020. As circumstances move closer to pre-pandemic norms, the market is poised for substantial growth.

Gather more insights about the market drivers, restrains and growth of the Surgical Robots Market

Surgical Robots Market Report Highlights

• Based on application, others segment accounted for a revenue share of 44.6% in 2023 due to increased usage of advanced automated instruments in cancer and high demand for minimally invasive laparoscopic surgeries

• Based on end-use, inpatient facilities segment held the largest revenue share of 53.21% in 2023 due to high financial resources and patient volume to justify the investment in costly surgical robotic systems

• North America accounted for the largest revenue share of 49.9% in 2023, owing to the strong presence of international players, a lineup of several U.S. FDA clearance products, ongoing robotics developments, and demand for minimally invasive surgeries to reduce the post-operative period

Browse through Grand View Research's Medical Devices Industry Research Reports.

• The global ophthalmic sutures market size was estimated at USD 467.3 million in 2024 and is projected to grow at a CAGR of 7.2% from 2025 to 2030.

• The global irradiation apparatus market size was estimated at USD 7.89 billion in 2024 and is expected to grow at a CAGR of 6.0% from 2025 to 2030.

Surgical Robots Market Segmentation

Grand View Research has segmented the global surgical robots market based on application, end-use, and region:

Surgical Robots Application Outlook (Revenue, USD Million, 2018 - 2030)

• Orthopedics

o Knee

o Hip

o Spine

o Others

• Neurology

• Urology

• Gynecology

• Others

Surgical Robots End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Inpatient

• Outpatient

Surgical Robots Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o UK

o Germany

o Italy

o France

o Spain

o Denmark

o Sweden

o Norway

• Asia-Pacific

o China

o Japan

o India

o Australia

o South Korea

o Thailand

• Latin America

o Brazil

o Mexico

o Argentina

• Middle East & Africa

o South Africa

o Saudi Arabia

o UAE

o Kuwait

Order a free sample PDF of the Surgical Robots Market Intelligence Study, published by Grand View Research.

[medicaldevicess]

Endoscopy Procedures Market: A Deep Dive

The rising trend of avoiding minimally invasive surgeries leads to the trend towards more endoscopy procedures. This report discusses the major growth drivers, emerging trends, and the future outlook in this rising sector.

Market Overview

The use of endoscopy procedures refers to the exploration of the human body's interior by using specialized equipment. Most such procedures are applied in diagnosis, treatment, and surgical interventions among patients receiving care in different specialties, including gastroenterology, pulmonology, urology, and gynecology. There is a high demand for this market owing to the rising incidence of chronic conditions among people, including gastrointestinal disorders, lung diseases, and urological conditions.

The market for endoscopy procedures was sized at US$ 30,877.37 million in 2022. It is expected to reach US$ 53,196.65 million by 2030. This market is anticipated to witness a CAGR of 7.0% during 2022-2030.

Prominent Market Drivers

Several factors are contributing to the growth of the endoscopy procedures market:

The steadily increasing incidence of diseases from both the digestive and respiratory systems today is driving the endoscopic procedures to diagnose and treat many conditions.

Emerging Technology: In addition, continuous technological advancement has allowed robotic-assisted endoscopy and capsule endoscopy, thereby providing for less invasive procedures with better precision and accuracy.

Aging Population: An aging population is prone to chronic disorders and is bound to increase the demand for endoscopic procedures.

Healthcare Spending: Increased healthcare spending in developed countries also contributes to the surge in the demand for endoscopic procedures.

Less Invasive Procedures: As an endoscopic procedure requires minimal incisions compared with open surgery, the former provides shorter recovery periods with less pain and lower risks of complications.

The present endoscopy procedures market is seeing many emerging trends that shape its future as follows:

Robotic-Assisted Endoscopy: Robotic-assisted endoscopy offers precision and flexibility in complex procedures with minimal invasiveness. Capsule Endoscopy: This is a minimally invasive technique to examine the small intestine without the use of sedation or anesthesia.

Artificial Intelligence (AI) and Machine Learning: AI-based devices are used to image an endoscopy and improve diagnosis and the precise decision on treatment planning.

Virtual Reality (VR) and Augmented Reality (AR): Currently, many researches are in progress to integrate VR and AR technologies for better training and experience of endoscopic operation.

Segments Covered

By Procedures

Endoscopic Retrograde Cholangiopancreatography

Endoscopic Submucosal Dissection

Peroral Endoscopic Myotomy

Endoscopic Ultrasound

By Offering

Endoscopes

ERCP Accessories

Endoscopic Ultrasound Guided Devices

Guidewire

By Product Type

Disposable

Reusable

By End User

Hospitals and Clinics

Ambulatory Surgical Centers

Diagnostic Laboratories

By Region

North America

Europe

Asia-Pacific

South and Central America

Middle East and Africa

Market leaders and key company profiles

Stryker Corp

Fujifilm Holdings Corp

Merit Medical Systems Inc

Smith & Nephew Plc

Arthrex Inc

Steris Plc

Conmed Corp

Olympus Corp

Boston Scientific Corp

Market Challenges

Although the growth prospects are quite attractive, the endoscopy procedures market suffers from the following challenges:

Expensive Procedures:- Advanced endoscopic procedures, such as robotic-assisted surgery, may be expensive and, therefore, not reach affordable people in a poor economy.

Risk of Complications- Although minimally invasive, the endoscopic procedures do carry inherent risks of infection and bleeding.

Regulatory Hurdles- Strict regulatory requirements can delay the introduction of new endoscopic technologies and medical devices.

Future Outlook

The endoscopy procedures market is expected to continue growing in the coming years. The improvements in technology, the increasing demand for minimally invasive procedures, and an aging population will drive market expansion. However, sustained growth hinges on addressing challenges that affect costs, access, and regulatory hurdles.

By keeping up with the emerging trends and technological advancement, healthcare providers and market participants can capture the opportunities offered through the endoscopy procedures market and lead the way further to patient outcomes.

Frequently Asked Questions-

What is the largest regional market for Endoscopy Procedures?

Ans: - North America is the largest regional market for Endoscopy Procedures.

Which are the leading companies to hold the market share in the Endoscopy Procedures market?

Ans: Top Companies: Stryker Corp; Fujifilm Holdings Corp, Merit Medical Systems Inc, Smith & Nephew Plc, Arthrex Inc, Steris Plc; Conmed Corp, Olympus Corp, Boston Scientific Corp, Cook Medical Llc are the top companies that hold the market share.

What would be the growth rate of the market during the forecast period from 2022 to 2030?

Ans: - The Endoscopy Procedures market is anticipated to expand at a CAGR of 7.0% between 2022 and 2030.

What is the size of the Endoscopy Procedures market?

Ans: - The global Endoscopy Procedures market size was at US$ 30,877.37 million in 2022 and is expected to reach US$ 53,196.65 million by 2030.

Which are the key segments of the Endoscopy Procedures market?

Ans: The Endoscopy Procedures Market is segmented by product, end-user, and geography.

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The Global Dental Diagnostics and Surgical Equipment Market is projected to grow from USD 10,734.65 million in 2023 to an estimated USD 12,005.63 million by 2032, registering a compound annual growth rate (CAGR) of 5.37% from 2024 to 2032.The global dental diagnostics and surgical equipment market is experiencing robust growth, driven by rising dental disorders, increasing awareness of oral health, technological advancements, and a surge in cosmetic dentistry procedures. This market encompasses a broad spectrum of tools, including imaging systems, intraoral cameras, dental lasers, and surgical instruments, catering to diagnostics and treatment.

Browse the full report at https://www.credenceresearch.com/report/dental-diagnostics-and-surgical-equipment-market

Market Overview

The dental diagnostics and surgical equipment market has witnessed significant expansion in recent years. Factors such as aging populations, rising disposable incomes, and greater healthcare spending have boosted demand. Additionally, the growing prevalence of dental ailments like periodontitis, tooth decay, and oral cancers has necessitated advancements in diagnostic and surgical equipment.

According to market analysts, the global dental diagnostics and surgical equipment market was valued at USD 7.5 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2030. Emerging markets in Asia-Pacific, Latin America, and the Middle East are poised for substantial growth due to improving healthcare infrastructure and increased awareness.

Key Drivers of Growth

Technological Advancements Innovations in dental technology, such as 3D imaging systems, cone-beam computed tomography (CBCT), and computer-aided design/computer-aided manufacturing (CAD/CAM) systems, are revolutionizing diagnostic accuracy and surgical precision. These tools enable dentists to diagnose complex conditions and create personalized treatment plans efficiently.

Rising Cosmetic Dentistry Demand The growing interest in aesthetic dental procedures, including teeth whitening, veneers, and orthodontic corrections, has driven demand for advanced surgical equipment. Millennials and Gen Z consumers are particularly drawn to cosmetic dental solutions, bolstering market growth.

Increased Oral Health Awareness Public health campaigns and initiatives aimed at improving oral hygiene and preventive care have led to more frequent dental visits. Consequently, dental practitioners require modern diagnostic tools and surgical instruments to meet the rising demand.

Aging Population The aging demographic is more prone to dental issues such as tooth loss and gum diseases. This trend fuels demand for prosthetics, implants, and surgical interventions, making the elderly a significant market segment.

Challenges

Despite its growth trajectory, the market faces challenges such as the high cost of advanced equipment, limited access to dental care in rural areas, and a shortage of skilled professionals in emerging markets. Moreover, stringent regulatory requirements for medical devices can pose entry barriers for new players.

Future Outlook

The future of the dental diagnostics and surgical equipment market lies in further technological innovation. AI-powered diagnostic systems, robotic-assisted surgeries, and biocompatible materials for implants and prosthetics are expected to dominate the market. Additionally, the integration of telehealth and mobile diagnostics could make dental care more accessible, especially in underserved areas.

Key players

3M Healthcare Company

Adec Inc.

Danaher Corporation

DCI International

GC Corporation

Dentsply Sirona

Henry Schein, Inc.

Hoffmann-La Roche AG

Midmark Corporation

Segments

Based on Product

Dental Diagnostic Equipment

Dental Surgical Equipment

Chronic Back Pain

Cancer Pain

Migraine

Based on Drug Class

CAD/CAM Systems

Instrument Delivery Systems

Extra Oral Radiology Equipment

Antidepressants

Based on Dental Surgical Equipment

Dental Lasers

Dental Handpieces

Dental Forceps & Pliers

Others

Based on End Users

Solo Practices

DSO/Group Practices

Based on Region

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

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Surgical Robotics and Navigation Market to Hit $3.37 Billion by 2032

The global Surgical Robotics and Navigation Market was valued at USD 2.12 Billion in 2024 and it is estimated to garner USD 3.37 Billion by 2032 with a registered CAGR of 5.9% during the forecast period 2024 to 2032.

Are you looking for the Surgical Robotics and Navigation Market Research Report? You are at the right place. If you desire to find out more data about the report or want customization, Contact us. If you want any unique requirements, please allow us to customize and we will offer you the report as you want.

The global Surgical Robotics and Navigation Market can be segmented on the basis of product type, Applications, distribution channel, market value, volume, and region [North America, Europe, Asia Pacific, Latin America, Middle East, and Africa]. The Surgical Robotics and Navigation Industry 2024 report provides a comprehensive overview of critical elements of the industry including drivers, restraints, and management scenarios.

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Top Players

Medtronic , Stryker, GENERAL ELECTRIC COMPANY, Brainlab, B. Braun Melsungen AG, Johnson & Johnson Services, KARL STORZ SE & Co. KG, Zimmer Biomet, Fiagon AG Medical Technologies, XION GmbH, Collin SAS, Medrobotics Corporation, Titan Medical Inc., Verb Surgical Inc,

Trending 2024: Surgical Robotics and Navigation Market Report Highlights:

A comprehensive assessment of the parent Industry

Development of key aspects of the business

A study of industry-wide market segments

Evaluation of market value and volume in past, present, and future years

Evaluation of market share

Tactical approaches of market leaders

Innovative strategies that help companies to improve their position in the market

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Analysis Of The Top Companies, Product Types, and Applications In The Market Report:

This report provides sales, revenue growth rate, and verified information about the major players. Also includes a regional analysis and a labor cost analysis, tables, and figures. It also highlights characteristics such as technological growth. The product type segment is expected to continue to maintain its leading position in the future and capture a significant market share based on sales. This report provides analysis, discussion, forecast, and debate on key industry trends, market share estimates, Industry size, and other information. This report also discusses drivers, risks, and opportunities.

Global Surgical Robotics and Navigation Market report contains detailed data and analysis on the Surgical Robotics and Navigation Market drivers, restraints, and opportunities. Experts with market and industry knowledge as well as research experience from regional experts validate the report. The Surgical Robotics and Navigation Market report provides forecast, historical and current revenue for each industry, region, and end-user segment.

Regions Included

-North America [United States, Canada, Mexico]

-South America [Brazil, Argentina, Columbia, Chile, Peru]

-Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]

-Middle East & Africa [GCC, North Africa, South Africa]

-Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]

Global Surgical Robotics and Navigation Market report data will help you make more informed decisions. For example, in relation to prices, distribution channels are means of marketing or identifying opportunities to introduce a new product or service. These results will also help you make more informed decisions about your existing operations and activities.

Read Full Research Report with [TOC] @ https://www.vantagemarketresearch.com/industry-report/surgical-robotics-and-navigation-market-1212

You Can Use The Surgical Robotics and Navigation Market Report To Answer The Following Questions:

What are the growth prospects of the Surgical Robotics and Navigation Market business?

Who are the key manufacturers in the Surgical Robotics and Navigation Market space?

What Forecast Period for Global Surgical Robotics and Navigation Industry Report?

What are the main segments of the global Surgical Robotics and Navigation Market?

What are the key metrics like opportunities and market drivers?

The Surgical Robotics and Navigation Market Insights

Product Development/Innovation: Detailed Information On Upcoming Technologies, R&D Activities, And Product Launches In The Market.

Competitive Assessment: In-Depth Assessment Of Market Strategies, Geographic And Business Segments Of Key Market Players.

Market Development: Comprehensive Information On Emerging Markets. This Report Analyzes The Market For Different Segments In Different Regions.

Market Diversification: Comprehensive Information On New Products, Untapped Regions, Latest Developments, And Investments In The Surgical Robotics and Navigation Market.

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[deshpandeisha]

Introduction to Smart Tissue Autonomous Robots: Revolutionizing Surgical Procedures

A team of researchers from Johns Hopkins University developed the Smart Tissue Autonomous Robot (STAR), which can effectively conduct a laparoscopic treatment without the aid of a human surgeon. One such case, which represents a significant development in robotics towards completely automated surgery for humans, has previously been tested on soft tissue of a pig. When executing intestinal anastomosis, which requires a great deal of repetition and accuracy, the robot did remarkably well. The connecting of two ends of an intestine together, which necessitates exceedingly exact and reliable suturing, is arguably the trickiest aspect of gastrointestinal surgery. The slightest hand tremor or improperly placed stitch could result in a leak that would be fatal for the patient.

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Competitive Terrain:

The global Smart Tissue Autonomous Robot industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Intuitive Surgical, Inc., Stryker Corporation, Medtronic plc, Veracyte, Inc., KARL STORZ SE & Co. KG, TransEnterix, Inc., Medrobotics Corporation, Corindus Vascular Robotics, Inc., Auris Health, Inc., Think Surgical, Inc., Titan Medical Inc., Virtual Incision Corporation, XACT Robotics, Alpinion Medical Systems, Cian Health

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Smart Tissue Autonomous Robot market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Smart Tissue Autonomous Robot market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Smart Tissue Autonomous Robot market.

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Market Segmentations of the Smart Tissue Autonomous Robot Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Smart Tissue Autonomous Robot market on the basis of product, application, and region:

Segments Covered in this report are:

Product Type (Revenue, USD Billion; 2019–2032)

Instruments and Accessories

Systems

Application (Revenue, USD Billion; 2019–2032)

General Surgery

Gynecological Surgery

Urological Surgery

Colorectal Surgery

Cardiac Surgery

Others

Regional Outlook (Revenue, USD Billion; 2019–2032)

North America

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/smart-tissue-autonomous-robot-market

Major Geographies Analyzed in the Report:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

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Renal Cyst Treatment Market: Size, Share, and Growth Forecast to 2032

Introduction

The renal cyst treatment market is projected to witness significant growth in the coming years, driven by the rising prevalence of kidney diseases, advancements in treatment methods, and increasing awareness about early diagnosis. Renal cysts are fluid-filled sacs that form in the kidneys and can lead to complications such as infections, high blood pressure, or kidney failure if left untreated. The global market for renal cyst treatment includes both medical interventions like drug therapies and surgical procedures aimed at treating or managing these cysts.

This article provides a comprehensive overview of the renal cyst treatment market, covering its size, share, emerging industry trends, and future forecast through 2032.

Market Size and Growth Dynamics

The renal cyst treatment market has shown a steady growth trajectory over the past decade. Renal Cyst Treatment Market Size was estimated at 2.77 (USD Billion) in 2023. The Renal Cyst Treatment Market Industry is expected to grow from 2.9(USD Billion) in 2024 to 4.2 (USD Billion) by 2032. The Renal Cyst Treatment Market CAGR (growth rate) is expected to be around 4.74% during the forecast period (2024 - 2032). Several factors contribute to the market's growth. The increasing incidence of polycystic kidney disease (PKD), a genetic disorder that causes numerous cysts to form in the kidneys, is a significant driver.

Moreover, the aging global population, a demographic more prone to kidney diseases, further fuels the demand for renal cyst treatments. Technological advancements in imaging techniques such as ultrasound and MRI have also enabled early detection and better management of renal cysts, contributing to the market's expansion.

Market Segmentation

The renal cyst treatment market can be segmented based on treatment type, end user, and geography.

By Treatment Type: The market includes pharmacological treatments such as analgesics and antihypertensive drugs, minimally invasive procedures such as cyst aspiration and sclerotherapy, and surgical methods like nephrectomy for severe cases.

By End User: The end users of renal cyst treatment include hospitals, specialty clinics, and ambulatory surgical centers. Hospitals dominate the market due to the availability of advanced equipment and specialized professionals. However, specialty clinics are expected to grow due to the increasing demand for outpatient procedures.

By Region: The renal cyst treatment market is regionally segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America currently holds the largest share due to high healthcare expenditure, advanced medical infrastructure, and increased awareness about kidney disorders. The Asia-Pacific region is anticipated to witness the fastest growth due to the rising prevalence of renal diseases, growing healthcare infrastructure, and increasing medical tourism.

Key Market Trends

Technological Advancements: The development of minimally invasive treatment methods for renal cysts is a major trend shaping the market. Techniques such as laparoscopic cyst decortication and robot-assisted surgery offer patients less recovery time and fewer complications compared to traditional open surgery.

Pharmaceutical Innovations: Ongoing research into drug therapies for managing the symptoms of renal cysts, particularly in patients with polycystic kidney disease, is expected to propel the market. Advances in targeted therapies and biologics could revolutionize treatment approaches, reducing the need for invasive procedures.

Rise of Telemedicine: The global shift towards telemedicine is making it easier for patients to consult healthcare providers, leading to earlier diagnosis and treatment. Telehealth services, especially in rural or underserved regions, are increasing access to renal cyst management.

Increased Focus on Preventive Care: Preventive healthcare initiatives focused on reducing the risk factors associated with renal cysts, such as hypertension and diabetes, are becoming more prevalent. This is likely to boost the demand for early diagnostic tools and preventive treatments.

Challenges

Despite the market's growth, several challenges persist. High treatment costs, particularly for surgical interventions, remain a barrier in developing regions. Moreover, a lack of specialized healthcare professionals in some areas can limit access to advanced treatment options. Another challenge is the side effects associated with some pharmacological treatments, which may deter patients from adhering to long-term medication regimens.

Market Forecast (2024-2032)

The renal cyst treatment market is expected to experience significant growth over the forecast period. Increased investments in healthcare infrastructure, particularly in emerging markets, will drive demand. Moreover, the introduction of new, cost-effective treatments and ongoing research into genetic therapies for polycystic kidney disease may further stimulate market expansion.

North America is anticipated to maintain its dominant position, although the Asia-Pacific region is expected to close the gap as awareness and access to renal care improve. Meanwhile, Europe will see steady growth, driven by advancements in medical technologies and the increasing burden of chronic kidney diseases.

Conclusion

The renal cyst treatment market is poised for robust growth, fueled by the rising incidence of kidney-related disorders, innovations in treatment methods, and increased healthcare investments. By 2032, the market is expected to reach new heights as technological advancements and preventive care initiatives gain traction. The market's future holds significant opportunities for both established players and new entrants focused on providing innovative and cost-effective treatment solutions for renal cyst patients.

[industrynewsupdates]

Minimally Invasive Surgical Instruments Market: A Closer Look at Market Segments and Opportunities

The global minimally invasive surgical instruments market was valued at USD 31.65 billion in 2023 and is projected to experience substantial growth, with an anticipated compound annual growth rate (CAGR) of 10.4% from 2024 to 2030. This growth is primarily driven by the increasing adoption of minimally invasive surgeries (MIS) and the continuous advancements in surgical technology, particularly the use of surgical robots. These robots have significantly transformed the landscape of MIS, offering enhanced precision, flexibility, and control during procedures. The global acceptance of surgical robots is rapidly growing, with more surgeons incorporating robotic assistance into their practices due to the advantages they offer.

One of the key factors propelling the growth of the MIS market is the cost-effectiveness of these procedures compared to traditional in-patient and open surgeries. MIS typically results in lower hospitalization costs, shorter recovery times, and reduced risk of complications, all of which contribute to lower overall healthcare expenses. Importantly, MIS procedures yield comparable or even better clinical outcomes compared to traditional methods, which enhances their appeal to both patients and insurance providers. As a result, insurance companies are increasingly supporting MIS due to the cost-saving potential, further driving the market's growth.

This trend is expected to continue over the coming years, as more healthcare providers adopt minimally invasive techniques, and as patients increasingly seek out these procedures for their reduced recovery times and overall lower costs. The ongoing development of advanced surgical technologies and instruments is also likely to contribute to the market’s expansion, as these innovations improve the quality and accessibility of MIS procedures.

Gather more insights about the market drivers, restrains and growth of the Minimally Invasive Surgical Instruments market

Regional Insights

North America

North America led the minimally invasive surgical instruments market in 2023, commanding a significant market share of 29.9%. Several factors contribute to North America's dominance in the market, including the region's well-established healthcare infrastructure, favorable government reimbursement policies, and the high prevalence of chronic diseases. The strong healthcare systems in countries like the U.S. and Canada ensure wide access to advanced medical treatments, including minimally invasive procedures. Additionally, healthcare policies in these countries increasingly support minimally invasive surgeries due to their cost-effectiveness, reduced recovery times, and improved patient outcomes, which further strengthens the market.

Asia Pacific

On the other hand, Asia Pacific is projected to experience the fastest compound annual growth rate (CAGR) of 10.8% from 2024 to 2030. Several factors are driving this robust growth in the region, including the improvement of healthcare infrastructure and a growing focus on healthcare initiatives by regional governments. Countries such as India and Japan are key players in this growth, driven by significant economic development, which has boosted access to medical technology and healthcare services.

The Asia Pacific region is also characterized by a large population base, many of whom have lower per capita income levels. As a result, there is a high demand for affordable treatment options, particularly minimally invasive procedures, which tend to be less expensive than traditional open surgeries. This demand for cost-effective healthcare solutions is further fueling the market’s expansion.

Moreover, multinational companies are increasingly focusing on expanding their presence in emerging markets like India and China. These countries are seeing significant investments in their healthcare sectors, and as a result, many global companies are forming strategic partnerships and alliances with local entities to strengthen their market positions. These collaborations help provide the necessary infrastructure and distribution networks to reach larger segments of the population. As more companies enter these markets, the overall growth potential in the region continues to rise, creating lucrative opportunities for industry players.

Browse through Grand View Research's Medical Devices Industry Research Reports.

• The global surgical robots market size was estimated at USD 3.92 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2030. 

• The global ambulatory surgery centers market size was estimated at USD 134.95 billion in 2023 and is expected to expand at a CAGR of 6.25% during the forecast period.

Key Companies & Market Share Insights

The minimally invasive surgical instruments market is characterized by the presence of leading companies that have forged strong collaborations with manufacturers and suppliers to ensure a steady global supply of products. Many of these companies are also actively pursuing strategic partnerships and mergers and acquisitions as part of their growth strategies, aiming to expand their global footprint and enhance their product offerings.

For instance, in February 2023, Encision Inc. entered into a Proof of Concept Services Agreement with Vicarious Surgical Inc.. This partnership aims to advance the development of the Vicarious surgical robot, which is designed to enhance precision, control, and visualization in robotic-assisted minimally invasive surgery. The collaboration is expected to drive innovation in the surgical robotics segment, offering greater benefits to surgeons and patients alike by improving the accuracy and effectiveness of minimally invasive procedures.

Key Minimally Invasive Surgical Instruments Companies

The minimally invasive surgical instruments market features several prominent companies that dominate the industry, influencing trends and innovations. These key players have a substantial market share and are recognized for their expertise in providing cutting-edge medical instruments and solutions. Some of the major companies operating in the market include:

• Medtronic

• Siemens Healthineers AG

• Ethicon, Inc. (Johnson & Johnson)

• Depuy Synthes

• GE Healthcare

• Abbott Laboratories

• Intuitive Surgical, Inc.

• NuVasive, Inc.

• Zimmer Biomet

Order a free sample PDF of the Minimally Invasive Surgical Instruments Market Intelligence Study, published by Grand View Research.

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Pulmonology Devices Market 2024 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2033

Overview and Scope Pulmonology devices are medical instruments and equipment used in the diagnosis, treatment, and management of respiratory system conditions and diseases. These devices play a crucial role in assessing lung function, monitoring respiratory health, providing therapeutic interventions, and supporting patients with respiratory disorders.

Sizing and Forecast The pulmonary devices market size has grown rapidly in recent years. It will grow from $1.23 billion in 2023 to $1.36 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to rising incidence of chronic respiratory diseases, growing shift towards preventive healthcare, increase in adoption of pulmonology devices, surge in incidence of diseases requiring endoscopic ultrasound procedures, increase in geriatric population.

The pulmonary devices market size is expected to see rapid growth in the next few years. It will grow to $2.05 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to rise in prevalence of respiratory diseases, rising air pollution levels, growth in home healthcare, growing awareness and early diagnosis, expansion of healthcare infrastructure. Major trends in the forecast period include integration of artificial intelligence, growth of telemedicine and remote monitoring, advancements in portable and wearable devices, use of robotic technology in less-invasive diagnostic procedures, increase in home care services.

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Segmentation & Regional Insights The pulmonology devices market covered in this report is segmented –

1) By Product Type: Endobronchial Ultrasound (EBUS) Needles, Pulmonary Biopsy Devices, Airway Stents, Single-Use Bronchoscopes, Other Product Types 2) By Indication: Chronic Obstructive Pulmonary Disease (COPD), Lung Cancer, Tracheal And Bronchial Stenosis, Foreign Body Extraction, Other Indications 3) By End-User: Pulmonology Clinics, Hospitals, Ambulatory Surgical Centers

North America was the largest region in the pulmonology devices market in 2023. The regions covered in the pulmonology devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth The rise in the prevalence of respiratory diseases is expected to propel the growth of the pulmonology devices market going forward. Respiratory diseases are a group of medical conditions that affect the organs and tissues involved in breathing, including the airways, lungs, and respiratory muscles. The cases of respiratory diseases are occurring due to rising air pollution, smoking, and occupational hazards. Pulmonology devices aid in respiratory disease management by enabling accurate diagnosis, continuous monitoring, and effective treatment through tools like spirometers, inhalers, pulse oximeters, and ventilators, ultimately improving patient outcomes and quality of life. For instance, according to the Scottish Public Health Observatory, a Scotland-based public health agency, COPD rates began rising in 2021-22 as the effects of COVID-19 lessened. The rate among males rose from 83.2 to 97.6 cases per 100,000, while it increased from 72.6 to 97.3 among females. Therefore, the rise in the prevalence of respiratory diseases is driving the growth of the pulmonology devices market.

Key Industry Players Major companies operating in the pulmonology devices market are Medtronic, Koninklijke Philips N.V., GE Healthcare, Baxter, Boston Scientific Corporation, Medline Industries LP., Olympus Corporation, Omron Healthcare, ResMed, Getinge, ICU Medical Inc., Fisher & Paykel Healthcare Limited, Ambu A/S, Vyaire Medical Inc., Drive DeVilbiss Healthcare, PENTAX Medical, Hamilton Medical, Nonin Medical, CAIRE Inc., Pulmonx Corporation, Verathon Inc., Draegerwerk AG & Co. KGaA, NIOX

The pulmonology devices market report table of contents includes:

1. Executive Summary

2. Pulmonology Devices Market Characteristics

3. Pulmonology Devices Market Trends And Strategies

4. Pulmonology Devices Market - Macro Economic Scenario

5. Global Pulmonology Devices Market Size and Growth ..........

32. Global Pulmonology Devices Market Competitive Benchmarking

33. Global Pulmonology Devices Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Pulmonology Devices Market

35. Pulmonology Devices Market Future Outlook and Potential Analysis

36. Appendix

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Medical Robotics Market - Forecast(2024 - 2030)

Medical Robotics Market Overview

Medical Robotics Market was estimated at $7.34Bn in 2019, growing at a CAGR of 7.33% during the forecast period 2020–2025. It is a technology used in healthcare industry to aid healthcare professionals diagnose and treat diseases that corrects, restores or modifies bodily functions. It allows surgeons to carry out operations more precisely and in a less invasive way. It increases the accurateness of the operation with wide range of advantages such as decreased risk of infection, decreased post-operative pain and possess less life risks. It is used to perform repetitive tasks at high speeds, reliably with the help of telemanipulators without fatigue. Rehabilitation robots, Biorobots, Telepresence robots and others are the types of robots used to perform surgeries such as kidney transplant, gallbladder removal, hysterectomy and others. Non-invasive Radiosurgery Robots is used for the treatment of oncology by medical robotic system.

Key Takeaways

Rising technological advancements to cure patients through non-invasive methods are set to promote the scope of medical robotics market size.

Rising government initiatives with an objective of improving awareness about diagnosis and treatment; increasing instances of intricate medical conditions such as cancer, cardiovascular disease, gynecological diseases and others; increasing need of automation and advanced devices is estimated to contribute to the growth of the market.

Asia-Pacific region is estimated to record the fastest growth rate during the forecast period 2020–2025.

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By Type — Segment Analysis

In 2019, Surgical Robots segment dominated the Medical Robotics Market in terms of revenue is estimated to grow with a CAGR of 6.44%. It is a type of minimally invasive surgery which utilizes robotics for performing surgical procedures. These robotic systems are operated by surgeons and consist of miniaturized surgical instruments which are mounted on robotic arms, thus allowing surgeons to perform the surgeries precisely. It is used in laparoscopic surgery with less blood loss, lesser pain and faster recovery. With better visualization it is able to operate more accurately to cure patients which are the key factor of the market’s growth.

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Geography — Segment Analysis

In 2019, the North America region dominated Medical Robotics Market in terms of revenue with a market share of 47%. It is owing to the relatively large federal grants from the government of health sector, government funding. The American Cancer Society introduced a nationwide program to increase the awareness about the benefits of medical robotics that is leading the market growth. Asia-Pacific region is estimated to record the fastest growth rate during the forecast period 2020–2025, owing to the presence of a large target population in China and India.

Drivers — Medical Robotics Market

Preference Of Non-Invasive Procedure

Medical robotic system uses non-invasive surgeries in the field of gynecology, cosmetology, open surgery, laparoscopic procedures, and others. These procedures offers negligible complications, diminish the threat of infections, reduce pain, and have quicker recovery. Traumatic injuries, cancers and cardiovascular disease raise the impact of surgical intervention in medical robotic market.

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Challenges — Medical Robotics Market

High-Cost

It is quite evident that there is very less amount of hospitals that are capable of investing in the advanced instruments for the treatment of patients. Most of the hospital or clinical chains step back from having medical robotics owing to its high price. In the other hand, hospitals with these medical robots are forced to provide services at higher prices owing to the functional cost of the technology.

Medical Robotics Industry Outlook

Product Launches was the key strategy of the players in the Medical Robotics Industry. Medical Robotics top 10 companies include Intuitive Surgical Inc., Accuray Inc., Stryker Corporation, Hacoma AG. Major Robotics Ltd, Titan Medical Inc., Hansen Medical Inc., MedtEch S.A., Kuka Roboter GMBH, and Irobot Corporation.

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Acquisitions/Product Launches

In February 2020, Intuitive Surgical Inc. acquired Orpheus Medical. This acquisition helped the company in enhancing its product portfolio, in offering information technology connectivity and archiving surgical video to hospitals around the world..

In July 2016, Stryker Corporation launched EMP tool that claims data and identify cost improvement and efficiency areas in order to improve outcomes and profitability in the orthopedics business.

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The market for ENT devices market has been expanding steadily in recent years, and between 2023 and 2030, it is anticipated to rise at a CAGR of 5.80%. The market was estimated to be worth USD 16485.8 million in 2022, and it is anticipated to be worth USD 25881.85 million in 2030.The ENT devices market includes a diverse array of products such as endoscopes, hearing aids, and surgical instruments. The market can be segmented into several categories: diagnostic devices, surgical devices, and hearing aids. Diagnostic devices include endoscopes and audiometers used to visualize and assess conditions within the ear, nose, and throat. Surgical devices cover instruments and equipment used in ENT surgeries, while hearing aids address hearing loss and auditory impairments.

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Driving Factors

1. Rising Incidence of ENT Disorders: The prevalence of ENT disorders such as sinusitis, otitis media, and hearing loss is on the rise, driven by factors like pollution, lifestyle changes, and an aging population. Chronic conditions such as allergic rhinitis and obstructive sleep apnea also contribute to the growing demand for ENT devices.

2. Technological Advancements: Innovations in medical technology are significantly enhancing the capabilities of ENT devices. Advanced endoscopic systems, including those with high-definition imaging and flexible scopes, allow for more accurate diagnoses and minimally invasive procedures. Hearing aids have also seen improvements, with the development of digital hearing aids and implants that provide better sound quality and comfort.

3. Growing Healthcare Expenditure: Increased healthcare spending, particularly in emerging markets, is expanding access to ENT diagnostics and treatments. Governments and private organizations are investing in healthcare infrastructure, leading to higher adoption rates of advanced ENT devices.

4. Aging Population: The global aging population is more susceptible to ENT conditions, such as age-related hearing loss and chronic sinusitis. This demographic shift is driving the demand for ENT devices and services tailored to older adults.

Key Market Segments

1. Diagnostic Devices: This segment includes tools like endoscopes, audiometers, and imaging systems. Endoscopes, both rigid and flexible, are used for detailed examination of the nasal passages, throat, and ear. Audiometers are crucial for diagnosing hearing impairments. The advancement of imaging technologies, such as digital otoscopy, has enhanced diagnostic accuracy.

2. Surgical Devices: Surgical tools and equipment, such as laser systems, microscopes, and suction devices, are essential for performing ENT surgeries. Innovations in minimally invasive techniques and robotic-assisted surgeries are improving patient outcomes and recovery times.

3. Hearing Aids: The hearing aids segment includes various devices, from traditional analog hearing aids to modern digital and implantable devices. Technological improvements have led to the development of devices with better noise reduction, wireless connectivity, and customizable settings.

Regional Insights

The ENT devices market is geographically diverse, with North America and Europe being major regions due to their advanced healthcare infrastructure and high adoption rates of new technologies. The United States and Germany are leading contributors in these regions.

Emerging markets in Asia-Pacific and Latin America are experiencing rapid growth, driven by increasing healthcare investments and rising awareness about ENT disorders. Countries like China and India are seeing significant expansion in healthcare facilities and access to ENT diagnostics and treatments.

Challenges

Despite the positive growth trends, the ENT devices market faces several challenges. High costs associated with advanced technologies can limit access in low-income regions. Additionally, the need for skilled professionals to operate complex ENT devices can be a barrier in underdeveloped areas. Regulatory hurdles and stringent approval processes for new devices also pose challenges for manufacturers.

Future Outlook

The future of the ENT devices market looks promising, with continued advancements in technology and increasing healthcare investments. The integration of artificial intelligence and telemedicine is expected to further enhance diagnostic accuracy and patient care. Additionally, the growing focus on preventive care and early diagnosis will drive demand for innovative ENT solutions.

Key Players

Demant A/S

Sonova

GN Store Nord A/S

Ambu A/S

Pentax Medical

Karl Storz

Olympus Corporation

Richard Wolf GmbH

Cochlear Ltd.

Starkey Laboratories, Inc.

Rion Co., Ltd.

Stryker

Smith & Nephew

Others

Segmentation

By Device Type

Hearing Aids

Cochlear Implants

Tympanostomy Tubes

Nasal Splints

Endoscopes

Laryngoscopes

Rhinoplasty Devices

Otoscopes

Nasal Packing Devices

Voice Prosthesis Devices

By End User

Hospitals

Ambulatory Surgical Centers

Clinics

Home Healthcare

Others

By Application

Hearing Disorders

Ear, Nose, and Throat Surgeries

Respiratory Disorders

Sleep Apnea

Voice and Speech Disorders

Dental and Oral Disorders

Infections and Inflammations

Others

By Age Group

Pediatric

Adult

By Technology

Traditional Devices

Advanced Technology Devices

Implantable Devices

Wearable Devices

By Region

North America

US.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

Browse the full report at https://www.credenceresearch.com/report/ent-devices-market

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"Spine Surgery Products: Are Market Projections Inflated by Medical Trends?"

Introduction

Spine surgery products encompass a wide range of medical devices used in surgical procedures to treat spinal disorders and injuries. These products include spinal implants, surgical instruments, and spinal navigation systems. The market for spine surgery products is expanding due to the increasing prevalence of spinal disorders, advancements in surgical technologies, and a growing focus on minimally invasive procedures. This report provides a comprehensive analysis of the spine surgery products market, including market dynamics, regional trends, segmentation, competitive landscape, and future outlook.

Market Dynamics

Drivers

Rising Incidence of Spinal Disorders: The growing prevalence of spinal disorders, such as degenerative disc disease, scoliosis, and spinal fractures, is a major driver of demand for spine surgery products. The aging population and sedentary lifestyles contribute to the increase in spinal conditions, leading to higher surgical interventions.

Technological Advancements: Innovations in spine surgery technology, such as minimally invasive techniques, advanced spinal implants, and robotic-assisted surgery, are enhancing surgical outcomes and driving market growth. These advancements improve patient recovery times and expand the range of treatable conditions.

Increasing Awareness and Access: Enhanced awareness of spinal health and improved access to healthcare services are driving the demand for spine surgery products. Patients and healthcare providers are increasingly recognizing the benefits of advanced surgical solutions.

Challenges

High Costs: The cost of spine surgery products and associated procedures can be high, limiting access for some patients and healthcare systems. This financial barrier can constrain market growth, especially in price-sensitive regions.

Surgical Risks and Complications: Spine surgeries carry risks such as infection, complications from implants, and adjacent segment degeneration. These risks can impact patient outcomes and influence the adoption of spine surgery products.

Regulatory and Reimbursement Hurdles: Navigating complex regulatory requirements and securing reimbursement for spine surgery procedures can be challenging. Variations in regulations and reimbursement policies across regions affect market dynamics.

Opportunities

Emerging Markets: Expanding healthcare infrastructure and rising incomes in emerging markets, such as Asia-Pacific and Latin America, present significant growth opportunities for spine surgery product manufacturers. These regions are experiencing increased demand for advanced spinal treatments.

Innovation and Product Development: Continued innovation in spine surgery products, including the development of advanced implants, surgical tools, and navigation systems, offers opportunities for differentiation and market expansion. Companies that invest in R&D can capture new market segments.

Increasing Patient Awareness: Growing awareness of spinal health and the benefits of advanced surgical solutions can drive demand for spine surgery products. Educational initiatives and marketing strategies targeting both patients and healthcare providers can enhance market reach.

Sample Pages of  Report: https://www.infiniumglobalresearch.com/reports/sample-request/1657

Regional Analysis

North America: The North American market is a leader due to advanced healthcare systems, high prevalence of spinal disorders, and significant investment in medical technology. The U.S. and Canada are key markets with high adoption rates of innovative spine surgery products.

Europe: The European market is well-established, with strong demand driven by advanced healthcare infrastructure and a focus on improving surgical outcomes. Major markets include Germany, France, and the UK, where there is increasing adoption of minimally invasive technologies.

Asia-Pacific: The Asia-Pacific region is experiencing rapid growth due to rising healthcare expenditures, expanding medical infrastructure, and increasing awareness of spinal disorders. China, India, and Japan are prominent markets with high growth potential.

Latin America: In Latin America, improving healthcare facilities and rising patient awareness are driving demand for spine surgery products. Brazil and Mexico are leading markets, with increasing adoption of advanced spinal technologies.

Middle East & Africa: The market in the Middle East and Africa is developing, with growing investments in healthcare infrastructure and increasing demand for advanced medical treatments. The region is expected to see growth as healthcare systems expand.

Market Segmentation

By Product Type:

Spinal Implants (e.g., Pedicle Screws, Rods, Cages)

Surgical Instruments

Spinal Navigation Systems

Bone Graft Substitutes

Others

By Procedure:

Lumbar Fusion

Cervical Fusion

Spinal Deformity Correction

Disc Replacement

Others

By End User:

Hospitals

Orthopedic Clinics

Spine Specialty Centers

Others

By Region:

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Competitive Landscape

Market Share of Large Players: Major companies such as Medtronic, Johnson & Johnson, and Stryker hold significant market shares due to their extensive product portfolios and global reach.

Price Control: Large players have considerable influence over pricing due to their market dominance. However, competitive pressure and regional variations can affect pricing strategies.

Competition from Small and Mid-Size Companies: Smaller and mid-size companies challenge large players by offering innovative solutions and specialized products. These companies often focus on niche markets or new technologies.

Key Players:

Medtronic plc

Johnson & Johnson

Stryker Corporation

Zimmer Biomet Holdings, Inc.

NuVasive, Inc.

Report Overview: https://www.infiniumglobalresearch.com/reports/global-spine-surgery-products-market

Future Outlook

New Product Development: Continued innovation in spine surgery products, including advanced implants and minimally invasive techniques, is crucial for market growth. Companies investing in R&D to develop new products are likely to gain a competitive advantage.

Sustainability: There is a growing focus on sustainability in medical device manufacturing. Companies that adopt eco-friendly practices and materials may appeal to environmentally conscious stakeholders and improve their market position.

Conclusion

The spine surgery products market is expanding due to rising spinal disorder prevalence, technological advancements, and increased awareness. While challenges such as high costs and regulatory hurdles exist, opportunities in emerging markets and innovation in product development present significant growth potential. Companies focusing on new product development and sustainability will be well-positioned to succeed in this evolving market.