The global minimally invasive medical robotics market is expected to reach $27.49 billion by the end of 2030, with a compound annual growth rate (CAGR) of 6.81% between 2022 and 2030, according to a report by Vantage Market Research. The market has shown persistent growth in recent years and is poised for further expansion in the forecast period of 2023-2030.
The report highlights the impact of the ongoing war scenario between Ukraine and Russia on the market share and size. It also provides charts, figures, values, and key insights to offer a comprehensive understanding of the market to its customers.
Some of the major companies in the minimally invasive medical robotics market include Given Imaging, Boston Scientific Corporation, ArthroCare Corporation, GE Healthcare, Intuitive Surgical, Abbott Laboratories, Alphatec Spine, Applied Medical, Biomet, Hansen Medical, Covidien, and Conmed Corporation.
The report explains the influential factors in the industry such as market trends, challenges, growth drivers, and opportunities. It also analyzes the demand-supply ratios and market statistics that have a direct impact on the overall development of the market.
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The market segmentation of the report covers regions, company profiles, end-users, applications, and others. It provides an in-depth analysis of each segment’s performance and its contribution to the advancement of the market.
In summary, the global minimally invasive medical robotics market is expected to witness significant growth in the coming years, driven by various factors such as technological advancements, increasing demand for minimally invasive surgical procedures, and growing investments in the healthcare sector.
Sources:
VMR Research
Vantage Market Research