Jun, 12 2024

Surge in Demand for Minimally Invasive Surgeries Drives the North America, Asia-Pacific and Europe Laparoscopic Surgical Robotic Devices Market

Minimally invasive surgeries, including laparoscopic and robotic-assisted procedures, result in less tissue trauma and bleeding, leading to shorter recovery times and less pain for patients. Robotic-assisted surgery allows for greater precision and accuracy, which is particularly important in complex procedures such as cancer resections and organ transplants. The use of robotic devices enhances the surgeon's ability to perform delicate procedures, leading to better outcomes and higher patient satisfaction. Minimally invasive surgeries, including laparoscopic and robotic-assisted procedures, result in less tissue trauma and reduced post-operative pain. This leads to faster recovery times, reduced hospital stays, and lower healthcare costs. The growing demand for minimally invasive surgeries is driving the adoption of laparoscopic surgical robotic devices across various specialties, including general surgery, urology, gynecology, and orthopedics.

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Data Bridge Market Research analyzes that the North America, Asia-Pacific and Europe Laparoscopic Surgical Robotic Devices Market is expected to reach USD 19.32 billion by 2031 from USD 11.25 billion in 2023, growing at a CAGR of 7.2% in the forecast period of 2024 to 2031.

Key Findings of the Study

North America, Asia-Pacific and Europe Laparoscopic Surgical Robotic Devices Market

Rise in Technological Advancements on Laparoscopic Surgical Robotics

The rapid advancements in technology have significantly contributed to the growth of the laparoscopic surgical robotic devices market in North America, Asia-Pacific, and Europe. Robotic technology has enabled surgeons to perform complex procedures with greater accuracy and precision. High-definition cameras and advanced visualization systems have improved the visibility of surgical sites, making procedures easier and more accurate. New robotic arms and instruments mimic the movement of human hands, allowing for more precise and delicate movements. In addition, high-definition camera systems with advanced features such as 3D imaging, zooming, and stereoscopic vision have enhanced visualization during surgical procedures. Integration of AI and ML algorithms has enabled robotic systems to learn from previous surgeries and adapt to new situations, ultimately improving outcomes and reducing the risk of complications.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Year

2022 (Customizable to 2016–2021)

Quantitative Units

Revenue in USD Billion

Segments Covered

Product Type (Robotic Systems/Machine and Instruments and Accessories), Application (Urological Surgeries, Gynecological Surgeries, General Surgeries, Colorectal Surgeries, Gastrointestinal Surgery, and Others), End User (Hospital, Ambulatory Surgery Centers, and Others), Distribution Channel (Direct Tenders, Retail Sales, and Others)

Countries Covered

U.S., Canada, Mexico, Germany, U.K., France, Italy, Netherlands, Spain, Russia, Switzerland, Belgium, Turkey, rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, and rest of Asia-Pacific

Market Players Covered

Intuitive Surgical (U.S.), Johnson & Johnson (U.S.), Olympus America (U.S.), Stryker (U.S.), Medtronic (U.S.), CONMED Corporation (U.S.), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Smith+Nephew (U.K.), Richard Wolf Gmbh (Germany), Microline Surgical (U.S.), ENDOQUEST ROBOTICS (U.S.), Asensus Surgical US Inc. (U.S.), Momentis Innovative Surgery (Israel), and Virtual Incision (U.S.), among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework

Segment Analysis

North America, Asia-Pacific and Europe laparoscopic surgical robotic devices market is segmented into four notable segments based on product type, application, end user, and distribution channel.

  • Based on product type, the North America, Asia-Pacific and Europe laparoscopic surgical robotic devices market is segmented into instruments and accessories and robotic systems/ machines

In 2024, the instruments and accessories segment is expected to dominate the North America, Asia-Pacific and Europe laparoscopic surgical robotic devices market

In 2024, the instruments and accessories segment is expected to dominate the market with a market share of 72.82% in North America, 75.69% in Asia-Pacific, and 73.57% in Europe due to the rising demand of minimally invasive surgeries.

  • Based on application, the North America, Asia-Pacific and Europe laparoscopic surgical robotic devices market is segmented into urological surgeries, gynaecological surgeries, general surgeries, colorectal surgeries, gastrointestinal surgery, and others

In 2024, the urological surgeries segment is expected to dominate the North America laparoscopic surgical robotic devices market

In 2024, the urological surgeries segment is expected to dominate the market with a market share of 27.17% in North America, 34.78% in Asia-Pacific, and 29.15% in Europe due to urological surgeries often involve intricate procedures, such as robotic-assisted surgery, laparoscopic surgery, or open surgery, which require specialized training and expertise.

  • Based on end user, the North America, Asia-Pacific and Europe laparoscopic surgical robotic devices market is segmented into hospitals, ambulatory surgical centers, and others. In 2024, the hospital segment is expected to dominate the market with a market share of 70.50% in North America, 73.59% in Asia-Pacific, and 71.30% in Europe
  • Based on distribution channel, the North America, Asia-Pacific and Europe laparoscopic surgical robotic devices market is segmented into direct tenders, retail sales, and others. In 2024, the direct tenders segment is expected to dominate the market with a market share of 72.02%% in North America, 74.91% in Asia-Pacific, and 72.77% in Europe

Major Players

Data Bridge Market Research recognizes the following companies as the major players in the North America, Asia-Pacific and Europe laparoscopic surgical robotic devices market that include Intuitive Surgical (U.S.), Johnson & Johnson (U.S.), Olympus America (U.S.), Stryker (U.S.), Medtronic (U.S.).

North America, Asia-Pacific and Europe Laparoscopic Surgical Robotic Devices Market

Market Developments

  • In May 2021, Intuitive Surgical expanded its roots and launched Da Vinci Surgical Systems at Hackensack Meridian Mountainside Medical Centre. This has helped the company to expand its product portfolio
  • In August 2021, Johnson & Johnson's announcement of the launch of Delux Synthes' VELYS Robotic-Assisted Solution in Australia marks a significant advancement in the field of robotic surgery. With the inclusion of this robotic solution in the Australian Register of Therapeutic Goods (ARTG), the company has not only expanded its business but also opened up new avenues for minimally invasive surgical procedures in the region. This regulatory approval underscores the safety, efficacy, and compliance of the VELYS system, enhancing its credibility among healthcare providers and patients alike. This strategic move reinforces the companies' commitment to innovation and underscores their dedication to meeting the evolving needs of healthcare professionals and patients worldwide
  • In February 2020, Medtronic acquired Digital Surgery, a privately held company specializing in digital education, data analytics, and training. With the acquisition, Medtronic aims to strengthen its robot-assisted surgery platform and expand its range of robotic systems by adding a new robot called Hugo

Regional Analysis

Geographically, the countries covered in the North America, Asia-Pacific and Europe laparoscopic surgical robotic devices market report are the U.S., Canada, Mexico, Germany, Italy, U.K., France, Switzerland, Spain, Russia, Turkey, Belgium, Netherlands, rest of Europe, China, India, South Korea, Japan, Thailand, Australia, Singapore, Indonesia, Malaysia, Philippines and rest of Asia-Pacific.

As per Data Bridge Market Research analysis:

North America is the dominant and fastest growing region in the North America, Asia-Pacific and Europe laparoscopic surgical robotic devices market

North America is expected to dominate the market as the U.S. has a large number of specialized surgical centers and hospitals, which has driven the demand for robotic surgery. 

For more detailed information about the North America, Asia-Pacific and Europe laparoscopic surgical robotic devices market report, click here – https://www.databridgemarketresearch.com/de/reports/north-america-asia-pacific-and-europe-laparoscopic-surgical-robotic-devices-market


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