Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 0.63 Billion |
| USD 1.47 Billion | |
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Global Robotic Masectomy Market, By Type (Multi-port Robotic System, Single-port Robotic System), Application (Laparoscopy, Orthopedics, Other) – Industry Trends and Forecast to 2029
Market Analysis and Size
The robotic masectomy market is made up of companies that sell services based on robotic surgical technology, which is a highly advanced technical kind of non-invasive surgery that employs robots and computer systems to perform surgeries with fewer incisions and more precision. A mechanical arm and camera arm are attached to surgical instruments and are controlled by a surgeon seated at a computer support, which is usually in the same room as the surgical table but can be anywhere in the world.
Data Bridge Market Research analyses that the robotic masectomy market which was USD 0.63 billion in 2021, would rocket up to USD 1.47 billion by 2029, and is expected to undergo a CAGR of 11.20% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Multi-port Robotic System, Single-port Robotic System), Application (Laparoscopy, Orthopedics, Other)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Intuitive Surgical Inc (U.S), Stryker (U.S), Medrobotics Corporation (U.S), Johnson & Johnson Private Limited (U.S), Globus medical (U.S), NuVasive Inc. (U.S), Smith + Nephew (U.K), Titan Medical Inc (Canada), TransEnterix Inc (U.S), University of Pittsburgh Medical Center (U.S), Mazor Robotics (Israel), Auris Health Inc. (U.S), Corindus Inc. (U.S), Renishaw plc (U.K)
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Market Opportunities
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Market Definition
Robotic masectomy is a surgical procedure that is carried out with the assistance of robotic systems. These are fully automated, cutting-edge systems that are used to perform medical procedures. Robotic surgery has a number of advantages, including less discomfort, less blood loss, and a shorter recovery period. Clinical outcomes are also improved with robotic surgery.
Drivers
The high prevalence of general surgery around the world, the rise in the adoption of minimally invasive surgical procedures over traditional surgeries, and the development of innovative approaches to treat various types of diseases, including minimally invasive robotic devices, contributed to the market's growth. Furthermore, throughout the anticipated period, accurate surgical procedures, precise measured motions, quick post-surgery recovery, limited incisions, and others are expected to fuel the growth of the worldwide robotic masectomy market.
The market is expected to be driven by factors such as an increase in cancer patients, an increase in the geriatric population, an increase in personal healthcare expenditures, and a shortage of surgeons, improving consumer confidence, an increase in personal disposable income, favorable reimbursement policies, and an increase in the incidence of chronic and infectious diseases.
Opportunities
Increased public awareness of robotic surgeries, rising med-tech R&D expenditures, an ageing population, an increase in colorectal and pancreatic surgeries, a physician shortage, an increasing number of FDA approvals granted to surgical robotic companies for R&D, and the growing launch of advanced medical systems.
Restraints/Challenges
Extensive scars on the overlaying skin, skin or nipple necrosis, and challenging surgical technique. Endoscopic or robotic methods have been developed to circumvent the problems of mastectomy.
This robotic masectomy market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the robotic masectomy market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The use of micro and nanorobots in urology surgical procedures, a focus on the development of low-cost robotic surgical systems, and rising MedTech research and development expenditures are just a few of the notable trends. The outbreak of the COVID-19 pandemic in 2020 has had a negative impact on the market, with many government authorities ordering hospitals to only treat critical cases.
The robotic masectomy market is segmented on the basis of product type, application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Application
The robotic masectomy market is analysed and market size insights and trends are provided by country, type, application as referenced above.
The countries covered in the robotic masectomy market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America was the largest region in the robotic masectomy market in 2029.
Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The robotic masectomy market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to robotic masectomy market.
Some of the major players operating in the robotic masectomy market are:
SKU-
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.