Image Guided and Robot Assisted Surgery Market Size by Product, Application, End User and Region – Segment-Level Market Assessment, Growth Opportunity Analysis, Competitive Mapping & Forecast to 2030
Overview
Global Image Guided and Robot Assisted Surgery Market size is expected to grow at a CAGR of 14.4% during the forecast period and the market size is expected to reach nearly US$ 9.59 Bn. by 2030.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Robotic surgery are types of surgical procedures that are done using robotic systems. Robotically-assisted surgery was developed to try to overcome the limitations of pre-existing minimally-invasive surgical procedures and to enhance the capabilities of surgeons performing open surgery.
In the case of robotically-assisted minimally-invasive surgery, instead of directly moving the instruments, the surgeon uses one of two methods to administer the instruments. These include using a direct telemanipulator or through computer control. A telemanipulator is a remote manipulator that allows the surgeon to perform the normal movements associated with the surgery. The robotic arms carry out those movements using end-effectors and manipulators to perform the actual surgery.
A need for precise surgeries, minimally invasive procedures, reduced cost of equipment, reduced complications and shortened hospital stays are the major driving factor for the growth of this market.
IGRA is becoming prominent as a more practice enhancing, patient-friendly and cost-effective option to traditional open surgeries. Real-time imaging coupled with robotic assistance helps in assessing the area of procedure, monitoring the tools in 3D and updating pathophysiology knowledge of the targeted tissue in real time. Thus, with increasing patients and increasing investments, this market will see enormous growth in the future.
Asia-Pacific region is a hotbed for this market considering major investments in the developing healthcare infrastructure, demand for improved quality of life has generated an enormous demand for such quality tools in this region. On other hands, North America has emerged as current the biggest shareholder of this market owing to its large spending capabilities and high awareness of new technology and government policies on reimbursements are high impact furnishing drivers of this market.
Image Guided and Robot Assisted Surgery Market Key Highlights:
Global Image-Guided and Robot-Assisted Surgery Market analysis and forecast, in terms of value.
Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Image-Guided and Robot-Assisted Surgery Market.
Image-Guided and Robot-Assisted Surgery Market segmentation on the basis of product, application, end-user, and geography (country-wise) has been provided.
Global Image-Guided and Robot-Assisted Surgery Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of the study.
Global Image-Guided and Robot-Assisted Surgery Market analysis and forecast for a global market.
Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Image Guided and Robot-Assisted Surgery Market are also profiled.
Image Guided and Robot Assisted Surgery Market Research Methodology:
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology.
The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global smart rings market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
Image Guided and Robot Assisted Surgery Market Scope: Inquire before buying
Research report categorizes the Global Image Guided and Robot Assisted Surgery Market based on product, application, end user, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the global market with key developments in companies and market trends.
| Image Guided and Robot Assisted Surgery Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2023 | Forecast Period: | 2024-2030 |
| Historical Data: | 2018 to 2023 | Market Size in 2023: | US $ 3.74 Bn. |
| Forecast Period 2024 to 2030 CAGR: | 14.4% | Market Size in 2030: | US $ 9.59 Bn. |
| Segments Covered: | by Product | MRI Guided Robot X-Ray Computed Tomography Guided Robot X-Ray Mammography Guided Robot Optical Imaging Guided Robot Ultrasound Imaging Guided Robot |
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| by Application | Market in neurosurgery Market in cardiovascular cranial Market in otolaryngology Market in orthopaedic procedures Market in spine surgery |
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| by End User | Hospitals Research Centers Others |
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Image Guided and Robot Assisted Surgery Market, by Region:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Image Guided and Robot Assisted Surgery Market Key Players:
1. BrainLAB AG
2. GE Healthcare
3. Hitachi Medical Systems America
4. Integra Radionics, Inc.
5. Medtronic, Inc.
6. DePuy, Inc.
7. Philips Medical Systems, Inc.
8. PRAXIM Medivision SA
9. Siemens Medical Solutions USA, Inc.
10. Smith & Nephew PLC
11. Stryker Corporation
12. Toshiba America Medical Systems, Inc.
13. Zimmer Holdings, Inc.
14. Claron Technology, Inc.
15. Scopis Medical
16. MAKO Surgical Corporation
17. Intuitive Surgical
18. Terumo Medical Corporation
19. Venture Medical ReQuip
20. Crouse Hospital
21. Karl Storz
22. Claron Technology
Frequently Asked Questions:
1. Which region has the largest share in Global Image Guided and Robot Assisted Surgery Market?
Ans: North America region held the highest share in 2023.
2. What is the growth rate of Global Image Guided and Robot Assisted Surgery Market?
Ans: The Global Image Guided and Robot Assisted Surgery Market is growing at a CAGR of 14.4% during forecasting period 2024-2030.
3. What is scope of the Global Image Guided and Robot Assisted Surgery Market report?
Ans: Global Image Guided and Robot Assisted Surgery Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. What was the Global Image Guided and Robot Assisted Surgery Market size in 2023?
Ans: The Global Image Guided and Robot Assisted Surgery market was valued at US$ 3.74 Bn. In 2023.
5. What is the study period of this Market?
Ans: The Global Image Guided and Robot Assisted Surgery Market is studied from 2023 to 2030.