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Robotic Endoscopy Devices Market To Experience Robust Growth In Order To Deal With Demand, Production And Trends Till 2025 | Grand View Research, Inc.

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Robotic Endoscopy Devices Market To Experience Robust Growth In Order To Deal With Demand, Production And Trends Till 2025 | Grand View Research, Inc.

November 24
15:28 2020
Robotic Endoscopy Devices Market To Experience Robust Growth In Order To Deal With Demand, Production And Trends Till 2025 | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
Robotic Endoscopy Devices Market Size, Share & Trends Analysis Report By Product (Diagnostic, Therapeutic), By Application (Laparoscopy, Bronchoscopy, Colonoscopy), By End Use, And Segment Forecasts, 2019 – 2025

The global robotic endoscopy devices market size is expected to reach USD 4.5 billion by 2025, registering a CAGR 20.0% over a forecast period, according to a new report by Grand View Research, Inc. Rising preference for Minimally Invasive Surgical (MIS) procedures, recent product approvals by the regulatory bodies such as the U.S. Food and Drug Administration (FDA), and prevalence of chronic diseases are the key factors driving the growth.

Robotic endoscopy devices are developed to overcome the limitations of standard diagnostic and therapeutic procedures. The benefits of robotic endoscopy devices in surgical procedures include fast recovery time, reduced post-surgery complications, and minimized scars, thus reduced the duration of hospital stays. Such benefits are anticipated to drive the robotic endoscopy devices market in the forthcoming years.

Factors such as new product developments, approvals, and technological advancements are projected to further fuel the market growth. For instance, in March 2018, Auris Health (Johnson & Johnson) announced the FDA clearance for its Monarch Endoscopy platform. The robotic endoscopy system developed by Medineering GmbH received CE mark approval in the European Union in 2016. Medineering also received the CE approval for its endoscope robot in February 2018.

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Global robotic endoscopy devices market size, by product, 2014 - 2025, (USD Million)

Further key findings from the report suggest

  • In 2018, therapeutic segment held the largest revenue share owing to the rising adoption of robotic endoscopy devices for surgical intervention coupled with increasing number of market players developing new products for various surgical procedures
  • Hospitals held the largest revenue share in 2018 owing to the availability of large funds with the hospitals in the developed regions coupled with rising adoption of the devices for performing various types of surgical procedures
  • North America held the largest revenue share in 2018, owing to the financial capability of the hospitals to make investments in these devices and general awareness about robot assisted medical procedures
  • Asia Pacific expected to expand at the fastest CAGR over the forecast period owing to the factors, such as rising disposable income, healthcare expenditure, and prevalence of chronic diseases
  • Key players operating in the robotic endoscopy devices market include Intuitive Surgical, Inc.; TransEnterix, Inc.; Auris Health (Johnson & Johnson); Medineering GmbH; and Medrobotics Corporation

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Global robotic endoscopy devices market share, by end use, 2018 (%)

Grand View Research has segmented the global robotic endoscopy devices market on the basis of product, application, end use, and region:

Robotic Endoscopy Devices Product Outlook (Revenue, USD Million, 2014 – 2025)

  • Diagnostic
  • Therapeutic

Robotic Endoscopy Devices Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Laparoscopy
  • Bronchoscopy
  • Colonoscopy

Robotic Endoscopy Devices End Use Outlook (Revenue, USD Million, 2014 – 2025)

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

Key Topic Covered

Chapter 1 Research Methodology
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased database:
                      1.3.2. GVR’s Internal Database
                      1.3.3. Secondary sources & third party perspectives
                      1.3.4. Primary research
                  1.4. Information Analysis
                      1.4.1. Data analysis models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing
Chapter 2 Executive Summary
                  2.1. Market Outlook
                  2.2. Segment Outlook
                  2.3. Competitive Insights
Chapter 3 Robotic Endoscopy Devices Market Variables, Trends, & Scope
                  3.1. Market Lineage Outlook
                      3.1.1. Parent market outlook
                      3.1.2. Related/ancillary market outlook
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Product Pipeline Analysis, by Stage
                  3.4. List of Key End users, by Region / by Product / by Country
                  3.5. Market Driver Analysis
                  3.6. Market Restraint Analysis
                  3.7. IoT in Healthcare Market Analysis Tools
                      3.7.1. Industry Analysis – Porter’s
                 Supplier power
                 Buyer power
                 Substitution threat
                 Threat of new entrant
                 Competitive rivalry
                      3.7.2. PESTEL Analysis
                 Political landscape
                 Environmental landscape
                 Social landscape
                 Technology landscape
                 Economical landscape
                 Legal landscape
                  3.8. Major Deals & Strategic Alliances Analysis
                      3.8.1. Joint ventures
                      3.8.2. Mergers & acquisitions
                      3.8.3. Licensing & partnership
                      3.8.4. Technology collaborations
                      3.8.5. Strategic divestments
Chapter 4. Robotic Endoscopy Devices Market – Competitive Analysis
                  4.1. Recent Developments & Impact Analysis, By Key Market Participants
                  4.2. Company/Competition Categorization
                  4.3. Vendor Landscape
                      4.3.1. List of key distributors and channel partners
                      4.3.2. Key customers/end users
                  4.4. Company market position analysis


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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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Country: United States

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