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GERMANY SURGICAL ROBOTICS MARKET FORECAST 2024-2032

SCOPE OF THE REPORT

Germany Surgical Robotics Market by Product & Service (Robotic Systems, Instruments & Accessories, Services) Market by Application (Gynecological Surgery, Urological Surgery, Neurosurgery, Orthopedic Surgery, General Surgery, Other Applications) Market by End-user (Hospitals, Ambulatory Surgery Centers, Other End-users)


MARKET OVERVIEW

The Germany surgical robotics market is predicted to project a CAGR of 9.48% during the forecast period, 2024-2032, and is set to record a revenue of $1684.89 million by 2032.

Germany’s surgical robotics sector epitomizes a synergy between technological ingenuity and regulatory compliance, showcasing a seamless integration of leading-edge advancements and rigorous quality standards. In recent years, the market has experienced robust expansion, driven by indicators that underscore the nation’s dedication to pioneering healthcare solutions.

The surge in Germany’s surgical robotics domain owes itself to a convergence of factors, notably a rapidly aging populace and an escalating incidence of chronic ailments. With a mounting demand for minimally invasive surgical interventions, the role of surgical robotics becomes indispensable in addressing these clinical imperatives. For example, robotic-assisted procedures for prostate cancer have garnered attention for their precision and ability to shorten patient recovery periods.

Germany Surgical Robotics Market

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The Germany surgical robotics market segmentation includes end-user, application, and product & service. The application segment includes neurosurgery, orthopedic surgery, general surgery, urological surgery, gynecological surgery, and other applications

Gynecological surgery, typically conducted by gynecologists, encompasses interventions on the female reproductive system, addressing benign conditions, cancer, infertility, and incontinence. Occasionally, it extends to elective or cosmetic purposes. Additionally, gynecologic surgeons may attend to urinary tract issues, such as bladder concerns.

These surgeons employ advanced techniques, utilizing slender, illuminated scopes and miniature instruments managed via robotic systems to treat various conditions affecting women’s reproductive organs. Unlike traditional open surgeries, which necessitate a single extensive incision, laparoscopic procedures involve maneuvering scopes and instruments through small incisions. Robotic surgery, akin to laparoscopy, stands out in how surgeons control the surgical tools.

Robotic surgery presents several advantages over open and laparoscopic procedures, including reduced blood loss, diminished need for transfusions, decreased postoperative discomfort, minimal scarring, lower infection risk, and enhanced surgical precision.

Orthopedic surgery, also known as orthopedics, focuses on treating conditions related to the musculoskeletal system, utilizing both surgical and nonsurgical methods. This branch of surgery addresses a wide range of issues, including musculoskeletal trauma, spine disorders, sports injuries, degenerative conditions, infections, tumors, and congenital abnormalities. Robotics plays a significant role in various aspects of orthopedics, particularly in hip and knee surgeries, as well as trauma cases.

In hip surgery, robotic applications involve tasks like femur preparation, acetabulum positioning, and pelvic and femoral osteotomies. Similarly, in knee surgery, robotics are utilized in procedures such as total knee arthroplasty (TKA), anterior cruciate ligament (ACL) reconstruction, and arthroscopy. Moreover, in trauma surgery, robotics aid in repairing fractures in the pelvic region, hips, and long bones.

The integration of robotic technology into mainstream orthopedic practice hinges on its cost-effectiveness. For example, Cahen leads the Ganymed project, funded by the EU, which aims to develop a compact robot that enhances precision and safety in joint-replacement surgeries while minimizing invasiveness. Initially focusing on TKA, the project aims to extend its applications to other joints like the shoulder, ankle, and hip, with the goal of transforming orthopedic surgery and ensuring a broader impact in the field of robotic orthopedics.

Some of the leading companies operating in the Germany surgical robotics market include Medrobotics Corporation, Medtronic PLC, Asensus Surgical Inc, etc.

Medrobotics Corporation specializes in surgical products, particularly robotics. Their primary goal is to expand the availability of minimally invasive surgery to a broader range of patients. At the heart of their operations is the Flex® Robotic System, their flagship product, which offers surgeons single-site access and enhanced visualization for intricate anatomical sites. Headquarters for Medrobotics are situated in Raynham, Massachusetts, the United States.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2024-2032
Base Year2023
Market Historical Years2018-2022
Forecast Units

Revenue ($ Million)

Segments Analyzed
End-User, Application, and Product & Service
Countries AnalyzedGermany
Companies AnalyzedZimmer Biomet Holdings Inc, Smith & Nephew, Stryker Corporation, Accuray Incorporated, CMR Surgical Ltd., Globus Medical Inc, Intuitive Surgical Inc, Medtronic PLC, Medrobotics Corporation, Asensus Surgical Inc
TABLE OF CONTENTS
  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. COUNTRY ANALYSIS
    3. COUNTRY SNAPSHOT
    4. SCOPE OF STUDY
    5. CRISIS SCENARIO ANALYSIS
      1. IMPACT OF COVID-19 ON SURGICAL ROBOTICS MARKET
    6. MAJOR MARKET FINDINGS
      1. SIGNIFICANT TRANSFORMATION DUE TO AUTOMATED MICROSURGERY
      2. TECHNOLOGICAL ADVANCEMENTS IN MINIMALLY INVASIVE SURGERIES
      3. ROBOTIC TELESURGERY IS BECOMING FEASIBLE
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. SURGING ELDERLY POPULATION
      2. INTEGRATION OF AI-ML IN ROBOTIC SURGERY SYSTEMS
      3. DEPLOYMENT OF ROBOTICS IN HEALTHCARE
    2. KEY RESTRAINTS
      1. POTENTIAL HAZARDS ASSOCIATED WITH ROBOTIC SURGERY
      2. HIGH INSTALLATION COSTS OF ROBOTIC SURGERY SYSTEMS
      3. LACK OF TRAINED PROFESSIONALS
  4. KEY ANALYTICS
    1. KEY MARKET TRENDS
      1. APPLICATIONS OF ARTIFICIAL INTELLIGENCE (AI)
      2. BIG DATA USE AUGMENTS THE DECISION-MAKING CAPABILITIES
      3. MINIATURE ROBOTS ENHANCE ACCURACY AND REDUCE INVASIVENESS
    2. PESTLE ANALYSIS
    3. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
  5. MARKET BY PRODUCT & SERVICE
    1. ROBOTIC SYSTEMS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. INSTRUMENTS & ACCESSORIES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. SERVICES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  6. MARKET BY APPLICATION
    1. GYNECOLOGICAL SURGERY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. UROLOGICAL SURGERY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. NEUROSURGERY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. ORTHOPEDIC SURGERY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    5. GENERAL SURGERY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    6. OTHER APPLICATIONS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  7. MARKET BY END-USER
    1. HOSPITALS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. AMBULATORY SURGERY CENTERS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. OTHER END-USERS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  8. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
      4. BUSINESS EXPANSIONS
    2. COMPANY PROFILES
      1. ZIMMER BIOMET HOLDINGS INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      2. SMITH & NEPHEW
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      3. STRYKER CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      4. ACCURAY INCORPORATED
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      5. CMR SURGICAL LTD.
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      6. GLOBUS MEDICAL INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      7. INTUITIVE SURGICAL INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      8. MEDTRONIC PLC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      9. MEDROBOTICS CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      10. ASENSUS SURGICAL INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – SURGICAL ROBOTICS

TABLE 2: GERMANY SURGICAL ROBOTICS MARKET, BY PRODUCT & SERVICE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: GERMANY SURGICAL ROBOTICS MARKET, BY PRODUCT & SERVICE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 4: GERMANY SURGICAL ROBOTICS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: GERMANY SURGICAL ROBOTICS MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 6: GERMANY SURGICAL ROBOTICS MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: GERMANY SURGICAL ROBOTICS MARKET, BY END-USER, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 8: LIST OF MERGERS & ACQUISITIONS

TABLE 9: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 10: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 11: LIST OF BUSINESS EXPANSIONS

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: MARKET CONCENTRATION ANALYSIS

FIGURE 4: GERMANY SURGICAL ROBOTICS MARKET, GROWTH POTENTIAL, BY PRODUCT & SERVICE, IN 2023

FIGURE 5: GERMANY SURGICAL ROBOTICS MARKET, BY ROBOTIC SYSTEMS, 2024-2032 (IN $ MILLION)

FIGURE 6: GERMANY SURGICAL ROBOTICS MARKET, BY INSTRUMENTS & ACCESSORIES, 2024-2032 (IN $ MILLION)

FIGURE 7: GERMANY SURGICAL ROBOTICS MARKET, BY SERVICES, 2024-2032 (IN $ MILLION)

FIGURE 8: GERMANY SURGICAL ROBOTICS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023

FIGURE 9: GERMANY SURGICAL ROBOTICS MARKET, BY GYNECOLOGICAL SURGERY, 2024-2032 (IN $ MILLION)

FIGURE 10: GERMANY SURGICAL ROBOTICS MARKET, BY UROLOGICAL SURGERY, 2024-2032 (IN $ MILLION)

FIGURE 11: GERMANY SURGICAL ROBOTICS MARKET, BY NEUROSURGERY, 2024-2032 (IN $ MILLION)

FIGURE 12: GERMANY SURGICAL ROBOTICS MARKET, BY ORTHOPEDIC SURGERY, 2024-2032 (IN $ MILLION)

FIGURE 13: GERMANY SURGICAL ROBOTICS MARKET, BY GENERAL SURGERY, 2024-2032 (IN $ MILLION)

FIGURE 14: GERMANY SURGICAL ROBOTICS MARKET, BY OTHER APPLICATIONS, 2024-2032 (IN $ MILLION)

FIGURE 15: GERMANY SURGICAL ROBOTICS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2023

FIGURE 16: GERMANY SURGICAL ROBOTICS MARKET, BY HOSPITALS, 2024-2032 (IN $ MILLION)

FIGURE 17: GERMANY SURGICAL ROBOTICS MARKET, BY AMBULATORY SURGERY CENTERS, 2024-2032 (IN $ MILLION)

FIGURE 18: GERMANY SURGICAL ROBOTICS MARKET, BY OTHER END-USERS, 2024-2032 (IN $ MILLION)

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