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How has the robot assisted endoscope market grown over the years?

There has been swift growth in the market size of robot-assisted endoscopes in the past few years. The market, which was worth $2.3 billion in 2024, is projected to increase to $2.64 billion in 2025, showing a compound annual growth rate (CAGR) of 14.9%. The significant growth during the historical period is due to factors such as the more common occurrences of gastrointestinal diseases, enhanced implementation of robot-assisted techniques in medical institutions, improved knowledge among both healthcare practitioners and patients, the expansion of healthcare facilities in developing markets, and an increase in regulatory approvals alongside reimbursement policies.

What Is the forecasted market size and growth rate for the robot assisted endoscope market?

The robot assisted endoscope market size is expected to see rapid growth in the next few years. It will grow to $4.55 billion in 2029 at a compound annual growth rate (CAGR) of 14.5%. The growth in the forecast period can be attributed to the increasing geriatric population and prevalence of chronic diseases, rising healthcare expenditure and investments, growing adoption of telemedicine and remote surgical procedures, shift towards value-based healthcare delivery models, and expansion of indications and applications for robot-assisted endoscopes. Major trends in the forecast period include advancements in imaging technology, miniaturization of endoscopic devices and instruments, development of flexible and steerable endoscopes, integration of augmented reality (AR) and virtual reality (VR) technologies, and adoption of cloud-based platforms for remote monitoring, data analytics, and collaborative decision-making.

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What are the major factors driving growth in the robot assisted endoscope market?

The rise in instances of gastrointestinal diseases is anticipated to boost the expansion of the robot-assisted endoscope market. These illnesses comprise a range of health issues impacting the digestive system, encompassing the stomach, intestines, liver, and pancreas. There’s an increase in gastrointestinal illnesses due to modifications in eating habits, intake of infected food or water, infections caused by harmful organisms, and lifestyle elements like inactive behavior, smoking, and drink consumption. By presenting health practitioners with superior observation and operation during procedures, robot-assisted endoscopes support the diagnosis and treatment of gastrointestinal diseases. This not only ameliorates patient results but also allows early identification and intervention. For instance, as stated by the American Cancer Society (ACS), a health institution in the US committed to eradicating cancer, the occurrence of gastrointestinal cancers rose by 3.18% to 348,840 in January 2023, in comparison to 334,090 in 2021, within the United States. Hence, the escalating rate of gastrointestinal diseases is fueling the growth of the robot-assisted endoscope market.

What key areas define the segmentation of the global robot assisted endoscope Market?

The robot assisted endoscope market covered in this report is segmented –

1) By Product: Diagnostic, Therapeutic

2) By Application: Laparoscopy, Bronchoscopy, Colonoscopy

3) By End- User: Hospitals, Ambulatory Surgical Centers, Other End-User

Subsegments:

1) By Diagnostic: Laparoscopy Endoscopes, Bronchoscopy Endoscopes, Colonoscopy Endoscopes, Cystoscopy Endoscopes

2) By Therapeutic: Robotic-Assisted Surgical Endoscopes, Endoscopic Surgery Instruments

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Who are the key players steering the development of the robot assisted endoscope market?

Major companies operating in the robot assisted endoscope market are Johnson And Johnson Inc., Medtronic plc., Siemens Healthineers, Fujifilm Holdings Corporation, Stryker Corporation, Olympus Corporation, Intuitive Surgical Inc., Karl Storz SE And Co. KG, Renishaw plc, Pentax Medical, Accuray Incorporated, CMR Surgical Ltd., Meere Company Inc., Avatera Medical GmbH, Stereotaxis Inc., Titan Medical Inc., Microbot Medical Inc., Verb Surgical, Medrobotics Corporation, Levita Magnetics Inc., Asensus Surgical Inc., FlexDex Surgical Inc., EndoControl SA, Renovis Surgical Technologies Inc., Medineering GmbH

What key trends are currently impacting the robot assisted endoscope market’s development?

Leading firms in the robot-assisted endoscope sector are prioritizing the incorporation of revolutionary medical technologies such as aspherical lenses, with the goal of augmenting visualization and minimizing distortion. The use of aspherical lens technology boosts image clarity, resolution, and curtails optical artifacts in optical systems, thereby providing comprehensive and accurate visual representation of internal structures and improving diagnostic functions during medical operations. For instance, AnX Robotica Corporation, an American medical device firm that exploits artificial intelligence and robotics technology, unveiled the NaviCam Small Bowel System in February 2023. This system represents a step forward in endoscopic technology, with a specific purpose of diagnosing minor bowel diseases. It employs pioneering elements such as aspherical lens technology to minimize distortion and broaden the vision field, which is essential for precise diagnoses. Moreover, the system delivers heightened efficiencies for medical professionals and patients by drastically reducing the time required for downloading and processing, thereby facilitating swift analysis and diagnosis.

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Which regions are emerging as leaders in the robot assisted endoscope market?

North America was the largest region in the robot assisted endoscope market in 2023. The regions covered in the robot assisted endoscope market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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