"Designing Growth Strategies is in our DNA"

Robotic Endoscopy Devices Market Size, Share & Industry Analysis By Product Type (Therapeutic, Diagnostic), By Application (Colonoscopy, Bronchoscopy, Laparoscopy, Gastrointestinal Endoscopy, Other), By End-user (Ambulatory Surgical Centres, Hospitals, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105607 | Status : Ongoing

 

KEY MARKET INSIGHTS

Endoscopy is a non-surgical procedure that is being used to examine a patient’s body. Robots in endoscopy are developed to overcome the limitations of standard diagnostic and therapeutic procedures and are broadly utilized in gastrointestinal diagnostics and minimally invasive surgery. Factors such as increased preference for minimally invasive surgical (MIS) procedures and product approvals by regulatory bodies such as U.S FDA, European Union’s CE marking are the significant factors driving the growth. For instance, according to Auris Health, the company had received the FDA clearance for its dubbed Auris Robotic Endoscopy System which is an advanced bronchoscope that aids in visualizing and treating several lung conditions.


The rising prevalence of chronic diseases like pancreatic cancers, inflammatory bowel disease, gastroesophageal reflux disease (GERD) due to unhealthy lifestyles, and the increasing geriatric population is estimated to drive the robotic endoscopy devices market over the forecast duration. For instance, In September 2018, according to CDC, more than half (51.8%) of U.S adults were diagnosed with chronic conditions such as cancer, chronic obstructive pulmonary disease, coronary heart disease, asthma, diabetes, etc., and 27.2% of US adults had multiple chronic conditions.

However, the higher price associated with robotic endoscopy devices is estimated to restrain the market growth during the forecast period. Additionally, the lack of skilled medical professionals for properly handling these devices hinders the market growth.

Up Arrow

Key Market Driver -

Increasing Prevalence of Chronic Diseases to Boost Market Growth

Down Arrow

Key Market Restraint -

High Cost of Robotic Endoscopy Devices


Market Segmentation:


Globally, the robotic endoscopy devices market can be segmented into product type, application, end-user, and region. Based on product type, the market has been divided into therapeutic, diagnostic. On the basis of application, the market can be segmented into colonoscopy, bronchoscopy, laparoscopy, gastrointestinal endoscopy, and others.  Furthermore, for an end-user segment, the market can be categorized into ambulatory surgical centers, hospitals, and others. Geographically, the robotic endoscopy devices market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.

Key Players Covered:


Some of the major companies that are present in the robotic endoscopy devices market are Integra Lifesciences, Intuitive Surgical, TransEnterix, Inc., Auris Health, B Braun, Boston Scientific, Medtronic, and other prominent players

Key Insights:



  • Technological Advancements in Robotic Endoscopy Devices Market

  • Key Industry Developments – Merger, Acquisitions, and Partnerships

  • Prevalence of Chronic Disease in Key Country/Regions

  • Overview of Regulatory Scenario – Key Country/Region

  • COVID-19 Impact on Robotic Endoscopy Devices Market


Regional Analysis:


Based on the segmentation of the region, the robotic endoscopy devices market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is projected to dominate the market in 2021 and is estimated to retain its leading position over the forecast duration. Factors such as well-established healthcare infrastructure, hospitals' financial capabilities to invest in robotic endoscopy devices, and a large patient pool are attributed to the growth of the market in North America.  Additionally, the rise in the geriatric population is also fueling the market growth as elder people are more prone to chronic conditions, such as cardiovascular, GI disorders, and other diseases that can positively impact the market. For instance, as per the RHI hub, more than 46 million older adults age 65 and older are living in the U.S, and the number is expected to grow to almost 90 million by 2050. The European region and APAC region is estimated to secure the second and third leading position in the market, respectively, owing to the factors such as the increased adoption of robotic systems in the healthcare sector along with that rise in the disposable income and healthcare expenditure in the developing countries like India and China. These factors combined with others are estimated to supplement the market growth in Europe and APAC regions for the coming years. The Latin America and the Middle East, and Africa market are expected to grow slower than other regions due to the limited penetration of advanced medical devices.

To gain extensive insights into the market, Request for Customization


Segmentation


























  ATTRIBUTE

  DETAILS

By Product Type



  • Therapeutic

  • Diagnostic



By Application



  • Colonoscopy

  • Bronchoscopy

  • Laparoscopy

  • Gastrointestinal Endoscopy

  • Other



By End-user



  • Ambulatory Surgical Centres

  • Hospitals

  • Others



By Geography



  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Scandinavia, and the Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, the Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and the Rest of the Middle East & Africa)



Global Robotics Endoscopy Devices Market Industry Developments



  • In March 2021, Asensus Surgical, Inc., a medical device company involved in digitizing the interface between the surgeon and patient, announced that it has received an additional FDA clearance for the Senhance Surgical System which is digital laparoscopic platform that leverages augmented intelligence to provide better patient outcomes through machine learning.

  • In June 2020, AnX Robotica Corporation announced that the company got the clearance from Food and Drug Administration (FDA) De-Novo classification for its NaviCam Magnetically Controlled Capsule Endoscopy (MCCE) System. This allows complete, real-time visualization of the stomach utilizing a pill-sized capsule containing a camera and is remote-controlled by the physician.





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Healthcare Clients

Johnson
Siemens Healthineers
Galemed
Jubilant
Fresenius

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X