Product Code: 47042110
The strong demand for robotic-assisted procedures will drive growth in the laparoscopic surgical robotic device market. The demand for laparoscopic surgical robotic devices is driven by various factors such as increasing global penetration, favorable clinical outcomes, the approval of new robotic systems from new competitors globally that are targeting new geographies and indications, which is disrupting Intuitive Surgical's monopoly. While penetration of robotic procedures is low globally, demand for laparoscopic surgical robotic devices is set to surge, driving market expansion, particularly as higher-priced advanced systems are adopted; nonetheless, the absence of additional reimbursement for robotic-assisted surgeries will hinder the pace of RAS procedure volume growth to some extent.
This Medtech 360 Report provides comprehensive data and analysis on the state of the market for laparoscopic surgical robotic devices in the US, Europe, and the Asia Pacific region from 2019 to 2033.
The global laparoscopic surgical robotic device market will grow strongly.
- What factors are driving such strong market expansion?
- How does growth vary in different market segments?
- What factors could limit revenue potential?
Domestic competitors are rising, supported by favorable government policies in some regions.
- How are government policies helping local companies grow in the laparoscopic surgical robotic device market?
- What is the impact of emerging domestic competitors on the global competitive landscape, especially against big players like Intuitive Surgical?
Expansion into new indications is increasing the total treatable population and driving growth in the laparoscopic surgical robotic device market.
- What is the penetration of robotics into the various laparoscopic procedures?
- Which robotic-assisted procedures are anticipated to see the highest growth?
- In which emerging indications have the most developments and clinical progress been made?
- How does the penetration and growth of robotic-assisted procedures differ between geographical regions?
- Which competitors have been targeting these indications?
Ongoing innovation by manufacturers is driving adoption.
- What are recent innovations in robotics from major competitors in the laparoscopic surgical robotic device space?
- How are emerging technological trends, such as single-port robotic-assisted laparoscopy, telesurgery, haptic feedback, and AI, impacting the competitive landscape?
- What new software and analytic capabilities are manufacturers adding to their service offerings?
Competition in this market is becoming more intense as new robotic systems receive regulatory approval.
- Which competitors have a strong presence, and which of them have emerged stronger than the others?
- Which players have benefited from early approvals, and which companies are potential new entrants into this market going forward?
- Which procedure types should competitors focus on for growth opportunities?
- How are companies expanding their offerings through product innovation, mergers, acquisitions, and/or partnerships to capture a larger share in the market?
Table of Contents
Global
Abstract
Executive Summary
- COVID-19 Updates
- Market Highlights
- Competitive Highlights
- Market Developments
- Geographies Covered
- Procedures Covered
- Products Covered
Key Report Updates
Procedure Analysis
- Procedure Highlights
- Procedure Definitions
- Procedure Forecast Data
- By Technique
- General Surgery Procedures
- Urology Procedures
- Gynecology Procedures
- Other Procedures
Laparoscopic Surgical Robotic Device Market
- Market Highlights
- Market Definitions
- Market Forecast Data
- Market Shares
- Competitive Insights
- Intuitive Surgical
- Other Key Competitors
- Factors Affecting All Competitors
- Market Developments
Appendix
- Abbreviations
- Bibliography
Methodology
- Core Country Coverage Methodology
- Research Methodology
- Marketrack Methodology
- PriceTrack Methodology
- Forecast Methodology
- Supplemental Country Coverage Methodology
- Base-Year Ratio Analysis
- Market Forecasting
Tables and figures
- Laparoscopic Surgical Robotic Device Market, by Product Type, Global (USD), 2019-2033
- Laparoscopic Surgical Robotic Device Market, by Region, Global (USD), 2019-2033
- Laparoscopic Surgical Robotic Device Market Landscape, Global (USD), 2023 and 2033
- Laparoscopic Surgical Robotic Device Revenue Market Share Rankings, by Region, 2023
- Competitive Insights
- Companies Mentioned
- Recent Events in the Laparoscopic Surgical Robotic Device Market, Global
- Key Clinical Trials in the Laparoscopic Device Market, Global
- Emerging Products for the Laparoscopic Surgical Robotic Device Market, Global
- Geographies Covered, Global
- Average Currency Exchange Rates
- Procedures Covered, Global
- Products Covered, Global
- Global Laparoscopic Surgical Robotic Procedure Drivers
- Global Laparoscopic Surgical Robotic Procedure Limiters
- Robotic-Assisted Procedures, by Surgical Specialty, as a % of Total, Global, 2023
- Total Robotic-Assisted Procedures, by Surgical Specialty, Global, 2019-2033
- Total Procedures, by Procedure Type, Global, 2019-2033
- Total Procedure Growth, by Procedure Type, Global, 2020-2033
- Total Procedures, by Region, Global, 2019-2033
- Total Procedures, by Procedure Type, US, 2019-2033
- Total Procedure Growth, by Procedure Type, US, 2020-2033
- Total Procedures, by Procedure Type, Europe, 2019-2033
- Total Procedure Growth, by Procedure Type, Europe, 2020-2033
- Total Procedures, by Procedure Type, Asia Pacific, 2019-2033
- Total Procedure Growth, by Procedure Type, Asia Pacific, 2020-2033
- Total Robotic-Assisted Procedures, by Region, Global, 2019-2033
- Total Robotic-Assisted Procedures, by Surgical Specialty, Global, 2019-2033
- Total Robotic-Assisted Procedures, by Surgical Specialty, US, 2019-2033
- Total Robotic-Assisted Procedures, by Procedure Type, US, 2019-2033
- Total Robotic-Assisted Procedure Growth, by Procedure Type, US, 2020-2033
- Global Laparoscopic Surgical Robotic Device Market Drivers
- Global Laparoscopic Surgical Robotic Device Market Limiters
- Laparoscopic Surgical Robotic Device Market, by Product Type, Global (USD), 2019-2033
- Laparoscopic Surgical Robotic Device Market, by Region, Global (USD), 2019-2033
- Laparoscopic Surgical Robotic Device Market, by Product Type, Global (USD), 2019-2033
- Laparoscopic Surgical Robotic Device Market, by Region, Global (USD), 2019-2033
- Laparoscopic Surgical Robotic Device Market, by Product Type, US (USD), 2019-2033
- Laparoscopic Surgical Robotic System Capital Equipment Market, US (USD), 2019-2033
- Laparoscopic Surgical Robotic Device Market, by Product Type, Europe (USD), 2019-2033
- Laparoscopic Surgical Robotic System Capital Equipment Market, Europe (USD), 2019-2033
- Laparoscopic Surgical Robotic Device Market, by Product Type, Asia Pacific (USD), 2019-2033
- Laparoscopic Surgical Robotic System Capital Equipment Market, Asia Pacific (USD), 2019-2033
- Laparoscopic Surgical Robotic Device Revenue Market Shares, by Region, Global, 2023
- Intuitive Surgical Competitive Insights
- Competitive Insights for Other Key Competitors
- Recent Events in the Laparoscopic Surgical Robotic Device Market, Global
- Key Clinical Trials in the Laparoscopic Device Market, Global
- Emerging Products for the Laparoscopic Surgical Robotic Device Market, Global