Abdominal Surgery Market research report delivers the systematic and comprehensive market research study, along with the facts and figures associated with any subject in the field of marketing. This report has a lot of features to offer about the Healthcare industry such as the general market conditions, trends, inclinations, key players, opportunities, and geographical analysis. These and such other parameters help to take the business towards the escalation and success. Abdominal Surgery Market report has been framed with the most excellent and superior tools of collecting, recording, estimating and analyzing market data.
Abdominal Surgery Market, By Application (General Surgery, Gynaecology, Urology, and Others), and region (North America, Europe, Asia-Pacific, Middle East, and Africa and South America). The global Abdominal Surgery Market size is projected to reach a CAGR of 20.5% from 2023-2030.
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Delvens Industry Expert's Standpoint
The cases of obesity are increasing across all age groups in most regions giving rise to the abdominal surgery market. There is a rise in the demand and usage of robots for abdominal surgeries which are also contributing to the rise in the abdominal surgery market as the traditional method of performing the surgeries is now being replaced by more convenient and advanced abdominal surgical robots. The industry is growing faster as more bariatric procedures are being performed worldwide to help people lose weight. Additionally, expanding use of robot-assisted laparoscopic procedures and the release of cutting-edge laparoscopic gadgets on the market present lucrative abdominal surgery market expansion prospects.
Key Findings:
- The abdominal surgery market is segmented into application segments, further, the application segment is segmented into general surgery, urologic surgery, and gynecological surgeries.
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Regional Analysis:
North America to Dominate the Market
- On the other hand, North America is expected to hold the largest market share in the global abdominal surgical robots’ market over the forecast period due to increasing approval of robotic and surgical navigation systems by the U.S. Food and Drug Administration (FDA) to perform complex surgeries. For instance, in November 2018, the U.S. Food and Drug Administration (FDA) approved Medtronic’s Mazor X Stealth Edition, which is used for complex spinal surgery. Furthermore, in January 2019, the first U.S. patient was treated for spine surgery using the Mazor X Stealth Edition.
- Europe holds the highest CAGR due to the increasing launch of robotic and surgical navigation systems by companies in this region. For instance, in March 2019, Navio Surgical System, which provides multi-asset digital surgery and a robotic ecosystem, was launched by Smith & Nephew.
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Top Competitors:
Intuitive Surgical, Stryker, TransEnterix Surgical, Inc., Mazor Robotics, Smith & Nephew, Renishaw, Medrobotics, Auris Health, Inc., THINK Surgical, Inc. and Stereotaxis, Inc. are the major companies operating in Abdominal Surgery Market.
Recent Developments:
- March 09, 2022— Stereotaxis, a pioneer and global leader in surgical robotics for minimally invasive endovascular intervention, today is holding the grand opening of its new, 45,000-square-foot global headquarters facility in downtown St. Louis.
- May 09, 2019 — Stereotaxis, the global leader in innovative robotic technologies for the treatment of cardiac arrhythmias, introduced Stereotaxis Genesis RMN, the next-generation robotic platform and a significant advancement in robotic magnetic navigation technology.
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- Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
- In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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