The Image Guided Surgery Equipment and Robotic Assisted Surgical Equipment Market report contains key market data, emerging trends, product usage and driving factors for customers and competitors. It is a detailed market research report that serves this purpose and gives the company a competitive edge. The excellent market report assesses the current market status, market size and market share, revenue generated from the sale of the product, and essential changes required in future products. The data included in this credible report not only helps in planning investment, advertising, promotion, marketing and sales strategy more effectively but also helps in making sound and effective decisions.

A skillful set of analysts, statisticians, research experts, forecasters, and economists work diligently to curate this market research report for businesses looking for potential growth. These parameters mainly include latest trends, market segmentation, new market opening, industry forecast, target market analysis, future directions, opportunity identification, strategic analysis, ideas and innovation. This market report informs on the strategic analysis of mergers, expansions, acquisitions, partnerships and investments. Market analysis helps businesses plan production, product launches, costs, inventory, purchasing, and marketing strategies.

The market for Image Guided Surgery Equipment and Robotic Assisted Surgical Equipment market is expected to experience market growth over the forecast period 2020 to 2027. Data Bridge Market Research analyzes that the market is growing with a CAGR of 9 .6% during the forecast period from 2020 to 2027 and is projected to reach USD 22,481.03 million by 2027 from USD 11,035.66 million in 2019.

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The key players covered in the Image Guided Surgery Equipment and Robotic Assisted Surgical Equipment market report are Brainlab, GENERAL ELECTRIC COMPANY, Medrobotics Corporation, Medion, Sterotaxis, Inc., Titan, Medical Inc., PS-Medtech , Renishaw plc., Intuitive Surgical, Zimmer Biomet, Siemens Healthcare GmbH, Medtronic, Hitachi Healthcare Americas, Integra LifeSciences Corporation, Smith & Nephew, Koniklijke Philips NV, Smiths Medical, Stryker, 7D Surgical Image Guided Surgery, Analogic Corporation and Johnson & Johnson Services, Inc., among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Rising demand for minimally invasive surgical procedures and technological advancement in image guided surgery equipment and robotic assisted surgical equipment are the major drivers that propelled the market demand over the forecast period.

Image-guided surgical equipment and robot-assisted surgical equipment are the devices that help perform minimally invasive surgical procedures to protect people from the long-term damage of chronic diseases. These devices play an important role in saving the life of the patient in case of surgical requirements related to heart problems, traumas and emergent cases among others. Image-guided surgery equipment and robot-assisted surgery equipment are regulated by regulatory bodies as they are equipped with AI technologies and include various social and ethical issues.

These devices provide technical assistance during surgical procedures and proper surgery can also be performed using these devices. The main objective of image guided surgery equipment and robot assisted surgery equipment is to meet the increasing demand for surgeries across the world and to overcome the limitations due to the lack of qualified surgeons in the developing countries to meet the demands of their ever-growing population. .

Image-guided surgery equipment and robot-assisted surgery equipment market scope and market size

The market for image-guided surgery equipment and robot-assisted surgery equipment is segmented on the basis of type, application, type of procedure, end user, and distribution channel. Growth between segments helps you analyze growth niches and strategies to approach the market and determine your main application areas and the difference between your target markets.

  • On the basis of type, the global market for image-guided surgery equipment and robot-assisted surgical equipment is segmented into robotic systems, instruments and accessories, interventional imaging systems and services. In 2020, the instruments and accessories segment dominates the market owing to the increasing volume of robotic procedures performed globally and the growing demand for instruments and accessories due to their recurring need per procedure.
  • On the basis of application, the global market for image-guided surgery equipment and robot-assisted surgical equipment is segmented into abdominal surgery, urology, otolaryngology, orthopedic trauma surgery, oncology, gynecology, neurology , spine surgery, cardiology, respiratory, thoracic surgery and others. In 2020, the abdominal surgery segment is dominating the market owing to the increasing application of surgical robots for various types of surgeries such as bariatric surgery, Heller myotomy, hernia repair, cholecystectomy, gastrectomy, pancreatectomy and transoral surgery as well as procedural volume augmentation worldwide. in the general surgery category.
  • On the basis of procedure type, the global market for image-guided surgery equipment and robot-assisted surgical equipment is segmented into open and minimally invasive surgery. In 2020, the minimally invasive segment is dominating the market as it helps in reducing the hospital stay, which leads to a decrease in the high cost associated with it.
  • On the basis of end-user, the global image-guided surgery equipment and robot-assisted surgical equipment market is segmented into hospitals, outpatient surgery centers, clinics, and others. In 2020, the hospital segment dominates the market owing to the increase in hospital healthcare spending on advanced medical devices.
  • On the basis of distribution channel, the global market for image-guided surgery equipment and robot-assisted surgical equipment is segmented into direct tenders and retail sales. In 2020, the direct tendering segment dominates the market as direct tendering holds the largest market share with the highest CAGR as most of the service providers purchase the devices from the manufacturers, and one notices that the income from direct sales is higher; so it is influential and growing in the market.

Country Level Analysis of Image Guided Surgery Equipment and Robotic Assisted Surgical Equipment Market

The Image Guided Surgery Equipment and Robotic Assisted Surgical Equipment market is analyzed and market size information is provided by type, application, type of procedure, end user and distribution channel.

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Competitive Landscape and Image Guided Surgery Equipment and Robotic Assisted Surgical Equipment Market Share Analysis

Image Guided Surgery Equipment and Robotic Assisted Surgical Equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, research and development investment, new market initiatives, production sites and facilities , company strengths and weaknesses, product launch, product testing pipelines, product approvals, patents, product breadth and breath, application dominance, technology lifeline curve . The data points above provided are only related to the company’s focus related to the market of Image Guided Surgery Equipment and Robotic Assisted Surgical Equipment.

The key players covered in the Image Guided Surgery Equipment and Robotic Assisted Surgical Equipment market report are Brainlab, GENERAL ELECTRIC COMPANY, Medrobotics Corporation, Medion, Sterotaxis, Inc., Titan, Medical Inc., PS-Medtech , Renishaw plc., Intuitive Surgical, Zimmer Biomet, Siemens Healthcare GmbH, Medtronic, Hitachi Healthcare Americas, Integra LifeSciences Corporation, Smith & Nephew, Koniklijke Philips NV, Smiths Medical, Stryker, 7D Surgical Image Guided Surgery, Analogic Corporation and Johnson & Johnson Services, Inc., among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Many product launches and agreements are also initiated by the companies across the globe which are also accelerating the market for image guided surgery equipment and robotic assisted surgery equipment.

For instance,

  • In October 2019, Brainlab launched a brand new intraoperative imaging mobile robot named Loop-X at NASS 2019, Chicago. This new product launch has strengthened its robotic surgery equipment business in the market, leading to increased sales and revenue in the future.
  • In May 2019, Stereotaxis, Inc. launched its next-generation robotic platform named Genesis NMR for the treatment of cardiac arrhythmias. This new product launch increases its product portfolio in the market, which will lead to increased demand in the future.

The market player’s collaboration, joint ventures, and other strategies enhance the company’s market in the Image Guided Surgery Equipment and Robotic Assisted Surgical Equipment Market, which also provides organizations the advantage of improving their offering of image-guided surgery equipment and robots. assisted surgical equipment.

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