Registering a CAGR of 7.90% over the forecast period, the market value of Minimally Invasive Medical Robotics, Imaging and Visualization Systems and Surgical Instruments is expected to reach US$ 30.25 billion in the year 2027.
The surgical robots have altered the field of minimally invasive surgeries and their approval by the surgeons is rising across the world, which is largely impacting the growth rate of the target market. On other hand, the cost of minimally invasive surgical procedures is much less when compared with in-patient and conventional open surgeries with equal outcomes which further propels the high adoption rate of the market for minimally invasive medical robotics, imaging and visualization systems and surgical instruments. Also, the rapid advancements in new technologies, increased use and acceptance of imaging and rising demand for minimally invasive treatment are also fueling the demand of the minimally invasive medical robotics, imaging and visualization systems and surgical instruments market over the forecast period of 2021 to 2028.
Plaque blockages in the arteries of the heart and other artery walls of peripheral organs, including as the lower extremities, neck, kidneys, and brain, can be treated by minimally invasive surgical (MIS) procedures using small incisions in the body. Short recovery times, tiny scars, low risk of infection, less bleeding, and shorter hospital stays are the main advantages of these techniques over surgery.
The report aspects discussed the profile of the top manufacturers of the global Minimally Invasive Medical Robotics, Imaging and Visualization Systems and Surgical Instruments market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Minimally Invasive Medical Robotics, Imaging and Visualization Systems and Surgical Instruments Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
Medtronic announces first procedure in Europe with Hugo™ robotic-assisted surgery system
Feb. 2, 2022-- Medtronic plc (NYSE:MDT), a global leader in healthcare technology, and OLV Hospital Aalst today announced that the first clinical procedure in Europe was performed with the Hugo™ robotic-assisted surgery (RAS) system. The robotic prostatectomy was performed by Prof. Alexandre Mottrie, M.D., head of urology at OLV Hospital in Aalst, Belgium, and chief executive officer and founder of the Belgium-based ORSI Academy, a multidisciplinary center for training, research and development, and data analysis to improve minimally invasive surgery best practices.
Philips showcases unique augmented reality concept for image-guided minimally invasive therapies developed with Microsoft
Feb 24, 2019: Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology today unveiled a unique mixed reality concept developed together with Microsoft Corp. (NASDAQ: MSFT) for the operating room of the future. Based on the state-of-the-art technologies of Philips’ industry-leading Azurion image-guided therapy platform and Microsoft’s HoloLens 2 holographic computing platform, the companies will showcase novel augmented reality applications for image-guided minimally invasive therapies.
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application, it is segmented into
Because of the high number of accidental accidents and the huge senior population in the region, North America leads the market for minimally invasive medical robotics, imaging and visualization systems, and surgical equipment. Due to traffic crashes, expanding senior population in Japan and China, and emerging economies, Asia-Pacific is predicted to increase at a high rate throughout the projection period of 2021 to 2028, promoting the emergence of MIS procedures in this region.
The Minimally Invasive Medical Robotics, Imaging and Visualization Systems and Surgical Instruments Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Minimally Invasive Medical Robotics, Imaging and Visualization Systems and Surgical Instruments Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 7.90% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Medtronic PLC(NYSE: MDT), Genesis Healthcare, Inc. (OTC:GENN), Siemens AG(OTC: SMAWF), Philips Healthcare, Olympus Corporation (OTC:OCPNY), FUJIFILM Holdings Corporation (OTC:FUJIY), Canon Medical Systems, Intuitive Surgical, Inc. (NasdaqGS:ISRG), Johnson & Johnson(NYSE: JNJ), Stryker Corp.(NYSE: SYK), KARL STORZ, Boston Scientific Corporation (NYSE: BSX), HOYA Corporation (OTC:HOCPY), CONMED Corporation (NYSE:CNMD), Smith & Nephew plc (NYSE:SNN), Carestream, Konica Minolta, Shimadzu, Hologic, Mindray, Samsung, Applied Medical, B. Braun, Zimmer Biomet, Richard Wolf |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 117 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Minimally Invasive Medical Robotics, Imaging and Visualization Systems and Surgical Instruments Market is studied from 2017 - 2027.
What is the growth rate of Minimally Invasive Medical Robotics, Imaging and Visualization Systems and Surgical Instruments Market?
The Minimally Invasive Medical Robotics, Imaging and Visualization Systems and Surgical Instruments Market is growing at a CAGR of 7.90% over the next 5 years.
Who are the key players in Minimally Invasive Medical Robotics, Imaging and Visualization Systems and Surgical Instruments Market?
Medtronic PLC(NYSE: MDT), Genesis Healthcare, Inc. (OTC:GENN), Siemens AG(OTC: SMAWF), Philips Healthcare, Olympus Corporation (OTC:OCPNY), FUJIFILM Holdings Corporation (OTC:FUJIY), Canon Medical Systems, Intuitive Surgical, Inc. (NasdaqGS:ISRG), Johnson & Johnson(NYSE: JNJ), Stryker Corp.(NYSE: SYK), KARL STORZ, Boston Scientific Corporation (NYSE: BSX), HOYA Corporation (OTC:HOCPY), CONMED Corporation (NYSE:CNMD), Smith & Nephew plc (NYSE:SNN), Carestream, Konica Minolta, Shimadzu, Hologic, Mindray, Samsung, Applied Medical, B. Braun, Zimmer Biomet, Richard Wolf
What regions does this Minimally Invasive Medical Robotics, Imaging and Visualization Systems and Surgical Instruments Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Minimally Invasive Medical Robotics, Imaging and Visualization Systems and Surgical Instruments Market?
Minimally Invasive Medical Robotics, Imaging & Visualization Systems, Minimally Invasive Surgical Instruments
What are the major end-use applications of Minimally Invasive Medical Robotics, Imaging and Visualization Systems and Surgical Instruments Market?
Cardiothoracic Surgery, Gastrointestinal Surgery, Orthopedic Surgery, Gynecological Surgery, Cosmetic/Bariatric Surgery, Neurological Surgery, Urological Surgery, Others
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SECONDARY RESEARCH
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PRIMARY RESEARCH
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MARKET ENGINEERING
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