Robotic Endoscopy Devices Market Analysis With Opportunity Segments For 2024-2033
The Business Research Company's Robotic Endoscopy Devices Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
LONDON, GREATER LONDON, UK, August 1, 2024 /EINPresswire.com/ -- The robotic endoscopy devices market has experienced robust growth in recent years, expanding from $2.14 billion in 2023 to $2.53 billion in 2024 at a compound annual growth rate (CAGR) of 18.1%. The growth in the historic period can be attributed to an aging population, increasing demand for minimally invasive procedures, rising awareness of early disease detection, regulatory approvals, and growing prevalence of gastrointestinal disorders.
Strong Future Growth Anticipated3
The robotic endoscopy devices market is projected to continue its strong growth, reaching $4.66 billion in 2028 at a compound annual growth rate (CAGR) of 16.5%. The growth in the forecast period can be attributed to the expansion of robotic surgery applications, rising demand for remote surgery capabilities, increasing healthcare expenditure, growing adoption of endoscopic procedures, and surge in the global patient base for endoscopy.
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Growth Driver Of The Robotic Endoscopy Devices Market
The growing number of robotic surgery procedures is expected to propel the growth of the robotic endoscopy device market going forward. Robotic surgery is an advanced surgical technique that uses robotic systems to assist surgeons during surgical procedures. Robotic devices are widely used in endoscopy procedures for better maneuverability and efficiency and to simplify complex processes by improving visualization, exposure, and tissue manipulation.
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Major Players And Market Trends
Key players in the robotic endoscopy devices market include Johnson & Johnson Services Inc., Medtronic PLC, FUJIFILM Holdings Corporation, Stryker Corporation, Boston Scientific Corporation.
Product innovations are a key trend gaining popularity in the robotic endoscopy device market. Major companies operating in the robotic endoscopy devices market are developing advanced technologies and products to sustain their position in the market.
Segments:
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
Geographical Insights: North America Leading The Market
North America was the largest region in the robotic endoscopy devices market in 2023. The regions covered in the robotic endoscopy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Robotic Endoscopy Devices Market Definition
Robotic endoscopy devices refer to advanced medical instruments that combine the technology of robotics with the capabilities of flexible endoscopy procedures to improve precision and automation. These devices are used to examine the interior of organs or body cavities for diagnostic purposes.
Robotic Endoscopy Devices Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Robotic Endoscopy Devices Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on robotic endoscopy devices market size2, robotic endoscopy devices market drivers and trends, robotic endoscopy devices market major players, robotic endoscopy devices competitors' revenues, robotic endoscopy devices market positioning, and robotic endoscopy devices market growth across geographies. The robotic endoscopy devices market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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