Robot-Assisted Surgical Medical Device Market Set to Experience a Massive more than 10.59% CAGR During 2022-2027

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Aug 31, 2024 - 04:38
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Robot-Assisted Surgical Medical Device Market Set to Experience a Massive more than 10.59% CAGR During 2022-2027

Market Insights

As per recent research by MarkNtel Advisors, The Global Robot-Assisted Surgical Medical Device Market is projected to grow at a CAGR of around 10.59% during the forecast period, i.e., 2022-27.

Key Driver: Rising Demand for Minimally Invasive Surgical Procedures to Escalate the Market Growth

From complex vascular procedures to gynecological procedures, surgical robotics has found its application in various surgical procedures. The rising inclination of the patients toward minimally invasive surgeries on account of the reduced hospital stay, patient recovery time, lesser patient trauma, and post-operative pain has positively contributed to the growth of the Robot-assisted Surgical Devices market. Therefore, the surgical robotics market is anticipated to witness considerable growth in the upcoming years as the demand for minimally invasive surgical procedures propels.

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Market Segmentation and Consumer Behavior:

By Application

  • Gynaecological Surgery
  • Cardiovascular Surgery
  • Neurosurgery
  • Orthopaedic Surgery
  • Urology Surgery
  • Other (Colorectal, Ear Nose Throat(ENT), etc.)

By End User

  • Hospitals
  • Ambulatory Surgery Centres

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Robot-Assisted Surgical Medical Device Market Geographical Analysis:

By Region:

  • North America
  • South America
  • Europe
  • The Middle East and Africa
  • Asia-Pacific

Key Players and Competitive Strategies in the Robot-Assisted Surgical Medical Device Market

Several prominent players dominate the Robot-Assisted Surgical Medical Device Market, including:

  • Medtronics PLC
  • CRM Surgical
  • Stryker Corporation
  • Johnson & Johnson (Auris Health)
  • Intuitive Surgical Inc.
  • Titan medical
  • THINK Surgical Inc.
  • Asensus Surgery (Formerly: TransEnterix Surgical)
  • SRI International Inc.
  • Renishaw PLC
  • Smith & Nephew PLC
  • Brainlab
  • NuVasive Inc.
  • Synaptive Medical
  • Others

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Questions Addressed in this Study

1.What factors are driving the Robot-Assisted Surgical Medical Device Market growth?

2.How is the Robot-Assisted Surgical Medical Device Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Robot-Assisted Surgical Medical Device Market?

4.What is the current size of the Robot-Assisted Surgical Medical Device Market, and how is it projected to change in the future?

5.What is the future outlook for the Robot-Assisted Surgical Medical Device Market in terms of technological advancements and market expansion?

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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