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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Medical equipment for a cutting edge SURGICAL ROBOT Virtual Incision contacted Synectic Product Development to create a series of single-use disposable end effectors with the ability to grab, seal, cut, and dissect during robotic surgery.
A revolutionary in vivo robot-assisted surgical system for minimally invasive general surgery procedures inside the abdominal cavity, like colon resections, was recently created by Virtual Incision.
An eight to twelve-inch incision and several weeks of rehabilitation are required for about two-thirds of colon resection surgeries, which also involve open surgery.
In the in vivo system from Virtual Incision, the camera and robotic arms are placed into an insufflated abdominal cavity through a single midline umbilical incision while being fully visible.
Any "dead space" in the design was avoided by engineers, minimizing the possibility of fluid accumulation that could enter the robot and cause a short circuit. The fact that the device was optimally shrunk adds another benefit.
The chosen building materials increased biocompatibility and minimized electrical current arcing between the jaws.
Global surgical robot effector market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
According to Medtronic, its new platform for robot-assisted surgery effector is more adaptable and affordable than competing products.
The biggest medical equipment firm in the world seemed to be sending that message when it debuted the eagerly anticipated Hugo RAS system today. The device is Medtronic's response to an expanding market that is still dominated by Intuitive Surgical and its da Vinci SP system.
Medtronic EVP Bob White frequently asserted during an investor update conducted today in Hartford, Connecticut, that only 2% of surgeries worldwide are performed with the aid of robots.
Medtronic drive procedure costs for the system to levels seen with laparoscopic systems, the company has stated that it will not give the robot away to healthcare providers.
Although the business won't give the robot free to healthcare providers, Medtronic drive procedure costs for the system to levels seen with laparoscopic systems.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |