The global robotic assisted endovascular systems market is anticipated to grow rapidly, with a projected market value of US$ 94.0 million in 2023 and an anticipated CAGR of 8.6% over the forecast period. By 2033, the market is estimated to be valued US$ 214.7 million.
The Robotic Assisted Endovascular Systems Market involves the application of cutting-edge robotic technology in endovascular procedures, which are minimally invasive treatments conducted within blood vessels. These procedures primarily address a range of conditions, including cardiovascular diseases, peripheral artery diseases, aneurysms, and various vascular disorders.
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Several factors are driving the escalating demand for Robotic Assisted Endovascular Systems:
- Growing Disease Prevalence:The increasing incidence of cardiovascular diseases, peripheral artery diseases, and other vascular disorders is fueling the demand for advanced treatment options.
- Robotic Technology Advancements:Ongoing developments in robotic technology are equipping robotic-assisted endovascular systems with enhanced capabilities.
- Surgeon Adoption:An increasing number of surgeons are recognizing the potential benefits of integrating robotic systems into endovascular procedures, seeking state-of-the-art equipment and technology to enhance their efficiency and improve patient outcomes.
The Robotic Assisted Endovascular Systems Market’s growth signifies a promising shift towards advanced, minimally invasive treatments for vascular disorders, providing both patients and healthcare professionals with innovative and efficient solutions.
Key Players:
- Siemens Healthcare
- Stereotaxis, Inc
Key Developments in the Robotic Assisted Endovascular Systems Market:
- Cathbot Robot Co., Ltd. (Shanghai Cathbot), developed a vascular interventional surgical robot. In August 2022, the company announced the conclusion of its clinical trial, making it the first robotic system to have finished a multicenter clinical trial in China, for vascular intervention. Further, the company is a collaboration between French company Robocath S.A.S (Robocath), R-ONETM and Shanghai MicroPort MedBot (Group) Co., Ltd. (MicroPort® MedBot)
- In December 2018, 48 CorPath GRX Systems were deployed in hospitals around the United States, and four were installed abroad.
Robotic Assisted Endovascular Systems Market Segmentation:
By Product:
- Systems
- Software Services
By Application:
- Neurosurgery
- Percutaneous coronary intervention
- Peripheral vascular interventions
- Electrophysiology procedures
By End User:
- Hospital
- Cath Lab
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East Africa
