Asia-Pacific Laparoscopic Surgical Robotic Devices Market
Asia-Pacific laparoscopic surgical robotic devices market is expected to reach USD 4.41 billion by 2031, from USD 2.37 billion in 2023, growing with a CAGR of 8.2% in the forecast period of 2024 to 2031.
Market SegmentationAsia Pacific Laparoscopic Surgical Robotic Devices Market, By Product Type (Robotic Systems/Machine and Instruments and Accessories), Application (Urological Surgeries, Gynecological Surgeries, General Surgeries, Colorectal Surgeries, Gastrointestinal Surgery, and Others), End User (Hospital, Ambulatory Surgery Centers, and Others), Distribution Channel (Direct Tenders, Retail Sales, and Others), Country (China, Japan, India, South Korea, Australia, Malaysia, Thailand, Indonesia, Singapore, Philippines, and rest of Asia-Pacific) - Industry Trends and Forecast to 2031
Overview of Asia Pacific Laparoscopic Surgical Robotic Devices Market DynamicsDrivers
• Surge in demand for minimally invasive surgeries
• Rise in the technological advancements in laparoscopic surgical robotics
• Development of teleoperated surgical robotic systems
Restraints
• High costs associated with the surgical robots
• Risks and complications associated with laparoscopic surgical robotic procedures
Opportunities
• Strategic initiatives and decision taken by market players
• Rising healthcare expenditure and adoption of robots
Challenges
• Shortage of skilled professionals hinders laparoscopic robotic surgery adoption
• Strict regulatory hurdles in the laparoscopic surgical robotic devices market
Market Players
The key market players operating in the Asia-Pacific laparoscopic surgical robotic devices market are listed below: • Medtronic
• Intuitive Surgical
• Stryker
• Smith+Nephew
• Johnson & Johnson
• Asensus Surgical US, Inc.
• Olympus America
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
• Momentis Innovative Surgery
• Virtual Incision
• Richard Wolf GmbH
• Microline Surgical
• ENDOQUEST ROBOTICS
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