The global minimally invasive medical robotic market is estimated to be USD 37.51 billion in 2021 and is expected to witness a CAGR of 8.64% during the forecast period. Increasing demand for minimally invasive treatment from both the developed and developing economies, rapid advancements in new technologies, increased use and acceptance of imaging, and increasing consumer awareness for preventive diagnostic screening are the major factors driving the market. However, reimbursement issues, lack of surgeon’s knowledge and learning curve expertise in robotic-assisted surgery, and declining average selling prices are hindering the market growth.
Global Microarray Market Size (USD Billion), 2021-2029
Source: Erevna Healthcare
By Product
On the basis of product, the global market is classified into handheld instruments, guiding devices, inflation systems, auxiliary devices, ultrasound, X-ray, CT & MRI imaging, visualization systems, electrosurgical devices, and robotic systems. Innovations and rapidly developing technologies in the field of surgical devices used in minimally invasive procedures will drive the market.
By Application
On the basis of application, the global market is classified into cardiothoracic, vascular, neurological, ENT/respiratory, cosmetic, gastrointestinal, gynaecological, urological, orthopaedic, oncology, and dental surgery. The cardiothoracic surgery segment accounted for the major share in the market in 2021. The driving forces for this growth are the growing prevalence of cardiac diseases, increasing awareness about the benefits of early detection of cardiovascular complications, and the growing number of coronary and percutaneous cardiology interventions.
By Technology
On the basis of technology, the market is segmented into surgical devices and imaging devices technology. The global market was dominated by the surgical devices segment in 2021. Increasing adoption of MIS imaging devices owing to their suitability and better results as compared to other techniques. The imaging devices segment is expected to grow at a significant rate during the forecast period.
Regional Insights
North America is expected to dominate the global minimally invasive medical robotic market. The large share of the North American minimally invasive medical robotic market can primarily be attributed to due to easy and early diagnosis and treatment, high cost of procedures as compared to developing regions, number of surgical centres, and growing adoption of minimally invasive surgical techniques are driving the growth of the North American market during the forecast period. The market for minimally invasive medical robotic in Asia-Pacific is expected to grow at the fastest CAGR during the forecast period.
Competitor Insights
Some of the major companies in the minimally invasive medical robotic market Medtronic plc (Ireland), Johnson & Johnson (U.S.), Stryker Corporation (U.S.), B. Braun Melsungen AG (Germany), Smith & Nephew plc (U.S.), Boston Scientific Corporation (U.S.), and CONMED Corporation (U.S.). Investment in R&D, novel product launches, and strategic collaborations & acquisitions are some of the major strategies adopted by the leading players operating in the industry.
This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2021 to 2029. The minimally invasive medical robotic market report is categorized into the following segments and subsegments:
Minimally Invasive Medical Robotics Market, By Product (Revenue, 2021-2029, USD Billion)
- Surgical Devices
- Handheld Instruments
- Forceps and spatula
- Retractor
- Dilator
- Grasper
- Guiding Devices
- Guiding catheters
- Guidewires
- Inflation Systems
- Balloons
- Balloon inflation devices
- Auxiliary Devices
- Cannula
- Staplers
- Clamp
- Closure
- Mechanical Cutters
- Trocar
- Rasp
- Scissors
- Handheld Instruments
- Imaging & Visualization Systems
- MRI Imaging
- Ultrasound
- CT Imaging
- X-Ray Imaging
- Visualization Systems
- Electrosurgical Devices
- Electrocautery Devices
- Vessel Sealing Instruments
- Electrosurgical Generators & Accessories
- Medical Robotics
- Da Vinci System
- Neuromate
- Robodoc
- Mako System
- Spine Assist
Minimally Invasive Medical Robotic Market, By Application (Revenue, 2021-2029, USD Billion)
- Neurological Surgery
- Ent/Respiratory Surgery
- Cardio-Thoracic Surgery
- Vascular Surgery
- Cosmetic Surgery
- Urological Surgery
- Gastrointestinal Surgery
- Gynaecological Surgery
- Orthopaedic Surgery
- Oncology Surgery
- Dental Surgery
Minimally Invasive Medical Robotic Market, By Technology (Revenue, 2021-2029, USD Billion)
- Surgical Devices
- Cutting balloons
- Balloons
- Old/normal balloons
- Scoring balloons
- Drug-eluting balloons
- Imaging Devices Technology
- 2D Imaging
- Ultrasound
- 3D Imaging
- Ultrasound
- MRI Imaging
- 2D Imaging
Minimally Invasive Medical Robotic Market, By Region (Revenue, 2021-2029, USD Billion)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
Scope of Minimally Invasive Medical Robotic Market Report:
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Table of Contents: Minimally Invasive Medical Robotics Market 2021-2029
- Research Methodology
- Study Objectives
- Study Scope
- Research Assumptions
- Research Framework
- Research Models
- Bottom-up Approach
- Top-down Approach
- Data Triangulation
- Data Procurement
- Internal Database
- Secondary Research
- Purchased Database
- Primary Research
- Data Analysis
- Data Validation
- Market Size Estimation
- Market Forecast Model
- Quality Assessment
- Research Models
- Introduction: Minimally Invasive Medical Robotics
- Executive Summary
- Global Market Scenario
- Segment Market Scenario
- Geographic Market Scenario
- COVID-19 Impact
- Competitive Landscape
- Market Dynamics
- Market Drivers
- Driver 1
- Driver 2
- Driver 3
- Driver 4
- Driver 5
- Market Restraint
- Restraint 1
- Restraint 2
- Restraint 3
- Restraint 4
- Market Opportunities
- Opportunity 1
- Opportunity 2
- Opportunity 3
- Opportunity 4
- Market Trends
- Trend 1
- Trend 2
- Trend 3
- Trend 4
- Market Challenges
- Challenge 1
- Challenge 2
- Challenge 3
- Challenge 4
- Market Drivers
- Market Environment Analysis
- Porter’s 5 Forces Analysis
- PESTEL Analysis
- Value Chain Analysis
- SWOT Analysis
- Benchmark
- COVID-19 Impact Analysis: Minimally Invasive Medical Robotics Market
- COVID-19: Overview
- COVID-19 Impact on the Global Market
- COVID-19 Impact on the Regional Markets
- Market Analysis by Product
- Surgical Devices
- Surgical Devices Market Forecast, 2021-2029 (USD Million)
- Imaging & Visualization Systems
- Imaging & Visualization Systems Market Forecast, 2021-2029 (USD Million)
- Electrosurgical Devices
- Electrosurgical Devices Market Forecast, 2021-2029 (USD Million)
- Medical Robotics
- Medical Robotics Market Forecast, 2021-2029 (USD Million)
- Surgical Devices
- Market Analysis by Application
- Neurological Surgery
- Neurological Surgery Market Forecast, 2021-2029 (USD Million)
- Ent/Respiratory Surgery
- Ent/Respiratory Surgery Market Forecast, 2021-2029 (USD Million)
- Cardio-Thoracic Surgery
- Cardio-Thoracic Surgery Market Forecast, 2021-2029 (USD Million)
- Vascular Surgery
- Vascular Surgery Market Forecast, 2021-2029 (USD Million)
- Cosmetic Surgery
- Cosmetic Surgery Market Forecast, 2021-2029 (USD Million)
- Urological Surgery
- Urological Surgery Market Forecast, 2021-2029 (USD Million)
- Gastrointestinal Surgery
- Gastrointestinal Surgery Market Forecast, 2021-2029 (USD Million)
- Gynaecological Surgery
- Gynaecological Surgery Market Forecast, 2021-2029 (USD Million)
- Orthopaedic Surgery
- Orthopaedic Surgery Market Forecast, 2021-2029 (USD Million)
- Oncology Surgery
- Oncology Surgery Market Forecast, 2021-2029 (USD Million)
- Dental Surgery
- Dental Surgery Market Forecast, 2021-2029 (USD Million)
- Neurological Surgery
- Market Analysis by Technology
- Surgical Devices
- Surgical Devices Market Forecast, 2021-2029 (USD Million)
- Imaging Devices Technology
- Imaging Devices Technology Market Forecast, 2021-2029 (USD Million)
- Surgical Devices
- Regional Market Analysis
- Regional Market Trends
- Regional Market: Comparative Analysis
- North America Minimally Invasive Medical Robotics Market
- North America Minimally Invasive Medical Robotics Market
- North America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- S. Minimally Invasive Medical Robotics Market
- S. Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Canada Minimally Invasive Medical Robotics Market
- Canada Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Canada Market Size and Forecast, 2021-2029 (USD Million)
- S. Market Size and Forecast, 2021-2029 (USD Million)
- North America Market Size and Forecast, 2021-2029 (USD Million)
- North America Minimally Invasive Medical Robotics Market
- Europe Minimally Invasive Medical Robotics Market
- Europe Minimally Invasive Medical Robotics Market
- Europe Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Germany Minimally Invasive Medical Robotics Market
- Germany Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- UK Minimally Invasive Medical Robotics Market
- UK Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- France Minimally Invasive Medical Robotics Market
- France Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Spain Minimally Invasive Medical Robotics Market
- Spain Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Italy Minimally Invasive Medical Robotics Market
- Italy Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Rest of Europe Minimally Invasive Medical Robotics Market
- Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
- Italy Market Size and Forecast, 2021-2029 (USD Million)
- Spain Market Size and Forecast, 2021-2029 (USD Million)
- France Market Size and Forecast, 2021-2029 (USD Million)
- UK Market Size and Forecast, 2021-2029 (USD Million)
- Germany Market Size and Forecast, 2021-2029 (USD Million)
- Europe Market Size and Forecast, 2021-2029 (USD Million)
- Europe Minimally Invasive Medical Robotics Market
- Asia Pacific Minimally Invasive Medical Robotics Market
- Asia Pacific Minimally Invasive Medical Robotics Market
- Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Japan Minimally Invasive Medical Robotics Market
- Japan Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- China Minimally Invasive Medical Robotics Market
- China Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- India Minimally Invasive Medical Robotics Market
- India Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- South Korea Minimally Invasive Medical Robotics Market
- South Korea Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Australia Minimally Invasive Medical Robotics Market
- Australia Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Rest of Asia Pacific Minimally Invasive Medical Robotics Market
- Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Australia Market Size and Forecast, 2021-2029 (USD Million)
- South Korea Market Size and Forecast, 2021-2029 (USD Million)
- India Market Size and Forecast, 2021-2029 (USD Million)
- China Market Size and Forecast, 2021-2029 (USD Million)
- Japan Market Size and Forecast, 2021-2029 (USD Million)
- Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Asia Pacific Minimally Invasive Medical Robotics Market
- Latin America Minimally Invasive Medical Robotics Market
- Latin America Minimally Invasive Medical Robotics Market
- Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Brazil Minimally Invasive Medical Robotics Market
- Brazil Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Mexico Minimally Invasive Medical Robotics Market
- Mexico Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Argentina Minimally Invasive Medical Robotics Market
- Argentina Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Rest of Latin America Minimally Invasive Medical Robotics Market
- Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Argentina Market Size and Forecast, 2021-2029 (USD Million)
- Mexico Market Size and Forecast, 2021-2029 (USD Million)
- Brazil Market Size and Forecast, 2021-2029 (USD Million)
- Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Latin America Minimally Invasive Medical Robotics Market
- MEA Minimally Invasive Medical Robotics Market
- MEA Minimally Invasive Medical Robotics Market
- MEA Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- GCC Minimally Invasive Medical Robotics Market
- GCC Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- South Africa Minimally Invasive Medical Robotics Market
- South Africa Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Rest of MEA Minimally Invasive Medical Robotics Market
- Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Technology, 2021-2029 (USD Million)
- Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
- South Africa Market Size and Forecast, 2021-2029 (USD Million)
- GCC Market Size and Forecast, 2021-2029 (USD Million)
- MEA Market Size and Forecast, 2021-2029 (USD Million)
- MEA Minimally Invasive Medical Robotics Market
- Competitor Analysis
- Market Share Analysis, 2021 & 2029
- Competitive Mapping
- Key Players Market Place Analysis
- Major Recent Developments
- Company Profiles
- Medtronic plc (Ireland)
- Company Snapshot
- Company Overview
- Financials
- Application Benchmarking
- Recent Developments
- Johnson & Johnson (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Application Benchmarking
- Recent Developments
- Stryker Corporation (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Application Benchmarking
- Recent Developments
- Braun Melsungen AG (Germany)
- Company Snapshot
- Company Overview
- Financials
- Application Benchmarking
- Recent Developments
- Smith & Nephew plc (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Application Benchmarking
- Recent Developments
- Boston Scientific Corporation (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Application Benchmarking
- Recent Developments
- CONMED Corporation (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Application Benchmarking
- Recent Developments
- Eon Reality (US)
- Company Snapshot
- Company Overview
- Financials
- Application Benchmarking
- Recent Developments
- Zebra Imaging (US)
- Company Snapshot
- Company Overview
- Financials
- Application Benchmarking
- Recent Developments
- Nanolive SA (Switzerland)
- Company Snapshot
- Company Overview
- Financials
- Application Benchmarking
- Recent Developments
- Company 11
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Company 12
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Company 13
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Company 14
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Company 15
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Others Prominent Players
- Medtronic plc (Ireland)
Conclusion & Recommendations