Global Abdominal Surgical Robot Market is Likely to Grow at a CAGR Value of 4.7% by 2028

02-Aug-2022 | Facts and Factors

According to Facts and Factors, the Global Abdominal Surgical Robot Market size was worth USD 11,839.5 million in 2021 and is estimated to grow to USD 15,596 million by 2028, with a compound annual growth rate (CAGR) of approximately 4.7% over the forecast period. The report analyzes the Abdominal Surgical Robot Market drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the Abdominal Surgical Robot Market.

Abdominal surgical robots are defined as a collection of components, robotic systems, accessories, and solutions that are advanced to provide high precision accuracy and assistance to surgeons in performing a variety of abdominal-based surgical procedures, such as gallbladder, stomach, intestines, pancreas, liver, spleen, and appendix removal. Robotic surgery is a recent technique for hernia repair in which the surgeon sits at a console and controls the surgical instruments from the console. Using surgical robotic devices, laparoscopy is used to treat illnesses in practically every abdominal organ.

Browse the full “Abdominal Surgical Robot Market Size, Share, Growth Analysis Report By Product Type (Remote Control and Voice Control), By Application (Gynecology, Urology, General Surgery, and Others), By End-User (Hospitals, Research Centres, and Others), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/abdominal-surgical-robot-market

The increased use of robots to substitute open surgery is likely to drive the growth of the abdominal surgical robotics market during the forecast period. The robotic method of surgery is beneficial for the treatment of benign and malignant gynecologic, urologic, and abdominal illness conditions, which is expected to drive the growth of the abdominal surgical robotics market. On the other hand, the use of a robotic program with a long learning curve is expected to stymie the growth of the abdominal surgical robots market over the forecast period. Furthermore, an increase in the incidence of target disorders of abdominal surgical robots will give additional potential prospects for the future growth of the abdominal surgical robots market. However, struggles by team doctors who are not skilled at using the systems may pose a further impediment to the expansion of the abdominal surgical robots industry in the near future.

Segmental Overview

The global Abdominal Surgical Robot Market is segregated based on Product Type, Application, End-User, and Region. Based on Product Type, the market is divided into Remote Control and Voice Control. The remote control surgical remote acquired more than 50% of the market share in the forecast period. Based on Application, the market is divided into General Surgery, Gynecology, Urology, and Others. Gynaecology is predicted to have the greatest market share in terms of application. In 2019, it accounted for 42.9 percent of the market. Based on End-User, the market is divided into Hospitals, Research Centres, and Others. The 'hospital' segment had the biggest market share by end-user, accounting for around 71.22%.

Regional Overview

North America dominates the abdominal surgical robots market because of the rise in trend, and the acceptance of developed surgical robots in numerous applications will further drive the region's growth over the forecast period. Furthermore, the items' popularity and acceptance are expanding due to their numerous benefits, which include great precision, quick recuperation, reduced pain, and high performance. These benefits contribute to higher demand over the anticipated period. Furthermore, the rise in the creation of many healthcare infrastructures supported by advanced technological adoptions is expected to expand the abdominal surgical robots market in the region in the upcoming years.

Asia-Pacific is expected to see substantial growth in the abdominal surgical robots market due to increased accessibility.In addition, rapid advancements in surgical robot technology and an expanding patient population in developing regions such as India and China have fueled category expansion. The introduction of technologically improved equipment in surgical and interventional procedures in the regional segment, combined with an increasing number of patients choosing robotic surgery, is likely to drive market expansion during the forecast period. Furthermore, increased investment by major companies in the Asia Pacific is expected to drive growth.

Report Scope

Key Players Insights

The report contains qualitative and quantitative research on the global abdominal surgical robot market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts.

Key players in the global Abdominal Surgical Robot Market include CMR Surgical Ltd, AdEchoTech, Accuray Incorporated, Corindus, Inc., AVRA Medical Robotics, Inc., Corporation, Medrobotics Corporation, Intuitive Surgical, Titan Medical Inc., Revo, Virtual Incision, and TransEnterix Surgical, Inc.

Recent Developments:

• In January 2021, TransEnterix announced that their Intelligent Surgical Unit, which provides machine vision capabilities on the Senhance Surgical System, has received CE mark clearance. This certification will give Senhancelaparoscopic programs throughout Europe access to this breakthrough technology, bringing them to the forefront of surgical innovation through augmented intelligence.
• In January 2021, Stryker Corporation announced the acquisition of OrthoSensor, Inc. Stryker believes that acquiring OrthoSensor will enable it to use the Verasense intraoperative sensor technology to empower its Mako robots, allowing surgeons to access more complete data-driven solutions.

The global Abdominal Surgical Robot Market is segmented as follows:

By Product

• Remote Control
• Voice Control

By Application

• General Surgery
• Gynaecology
• Urology
• Others

By End-User

• Hospitals
• Research Centres
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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