In a recent published report, Kenneth Research has updated the Robotic Gastrointestinal Surgery Market report for for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Robotic Gastrointestinal Surgery Market products.
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According to the statistics by the Bureau of Economic Analysis (BEA) of the U.S. Dept. of Commerce, the gross output registered from the data processing, internet publishing and other information services industry grew from USD 162.5 Billions in 2010 to USD 530.4 Billion in 2020.
Technological advancement of robotic gastrointestinal surgery will continue to create smarter and more efficient assistive tools and devices to meet the needs of gastrointestinal surgery procedures across the globe. Compared with traditional minimally invasive surgery approaches, robot-assisted surgery gives the surgeon better control over the surgical instruments and a better view of the surgical site. Current open gastrointestinal surgeries and procedures can be replaced largely by robotic minimally invasive surgery (RMIS) during the years to come. It is expected to see that many more gastrointestinal surgery procedures will be undertaken with at least some aspects of surgical robotics owing to the fast adoption of the advanced RMIS technology in hospitals and clinical centers. Global demand for robotic gastrointestinal surgery in 2025 will advance to $1.41 billion. This represents a XX% increase yearly in terms of annual revenue between 2016 and 2025, and a cumulative market total of $XXX billion during 2017-2025 driven by the substantial increase of robot-assisted gastrointestinal surgery procedures.
Global Robotic Gastrointestinal Surgery Market 2016-2025: Market Size, Share, Forecast and Strategy is based on a comprehensive research of the robotic gastrointestinal surgery market by analyzing the entire global market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
• Risk Assessment for Investing in Global Market
• Critical Success Factors (CSFs)
Specifically, potential risks associated with investing in global robotic gastrointestinal surgery market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
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The report also quantifies global robotic gastrointestinal surgery market in every aspect of the classification from perspectives of product and service, equipment and region.
Based on product and service, the global market is segmented into the following sub-markets with annual revenue included for 2014-2025 for each section.
• Robotic Systems
• Instruments and Accessories
• System Services
Based on equipment type, the global market is analyzed on the following segments with annual revenue in 2016, 2017, and 2025 provided for each section. Technological status of each class of equipment is also included.
• Robot Machines
• Navigation Systems
• Planners and Simulators
• Other Equipment
Geographically, the following five regions together with the listed national markets are fully investigated:
• APAC (China, Japan, South Korea, Australia, India, and Rest of APAC)
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
• North America (U.S. and Canada)
• Latin America (Argentina, Brazil, Mexico, Rest of Latin America)
• RoW (Saudi Arabia, United Arab Emirates, Other Countries)
For each of the aforementioned regions and countries, detailed analysis and data for annual revenue are available for 2014-2025. The breakdown of all regional markets and some national markets by equipment type (robot machines, navigation systems, planners/simulators, other equipment) over the forecast years is also included.
The report also covers current competitive scenario and the predicted manufacture trend; and profiles global gastrointestinal surgery robot vendors including market leaders and important emerging players.
Highlighted with 29 tables and 51 figures, this 154-page report provides comprehensive data and detailed analysis to help clients targeting the global market to identify business opportunities and benchmark effective strategies.
Key Players:
AVRA Surgical Robotics, Inc.
Intuitive Surgical
Medtronic Inc.
NovaTract Surgical, Inc.
Simbionix USA Corp.
Titan Medical
TransEnterix, Inc.
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
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