Market Overview:
The Single Port Surgical Platforms are a major intrusive laparoscopic procedure in which a single point of entry is established on the body through a single trocar that has numerous openings or single-skin interfaces with various facial incisions that have a single trocar to guide the medical procedure. Careful single port phases are also referred to as Single Port Access Surgery (SPA), Single Incision Laparoscopic Surgery (SILS), and Laparo-endoscopic Single-Site Surgery (LESS). Typically, gastric surgery procedures create enormous entry points to guide the medical procedure. Despite the fact that they are successful, for the most part, they cause postoperative agony, wound disease, and delayed hospital admissions. The current incisional hernia rate is 4 to 18% and wound contamination is 2 to 25% in the US. The ordinary laparoscopic medical interventions occur, numerous entry points are established on the body to guide the medical intervention. In traditional laparoscopic surgery, multiple incisions are made on the body to perform the surgery. To address these challenges, the companies are focused on developing a novel surgical platform with a single port that creates a single incision on the body. This surgical platform hereby also helps with a speedy recovery, small incisions, and is less prone to infection and pain conditions. In addition, it does not leave any scars on the body after the operation. This will promote the growth of the global single-port surgical platform market in the future.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Covidien (Ireland), Applied Medical (United States), Ethicon Inc. (United States), Olympus Gyrus-ACMI (United States), Novare Surgical Systems Inc. (United States), Cambridge Endo (United States), Karl Storz SE & Co. KG (Germany), Intutive surgical (United States), Fortmedix Surgical BV (Netherlands) and Transenterix (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Single Port Surgical Platforms Market Study:
Covidien (Ireland), Applied Medical (United States), Ethicon Inc. (United States), Olympus Gyrus-ACMI (United States), Novare Surgical Systems Inc. (United States), Cambridge Endo (United States), Karl Storz SE & Co. KG (Germany), Intutive surgical (United States), Fortmedix Surgical BV (Netherlands) and Transenterix (United States)
Single Port Surgical Platforms Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | General Surgery, Gastroenterology, Urological, Gynecological and Bariatric |
Type | Robot/Remote Controlled Assisted and Manual-Assisted |
Components | Instruments & Accessories,Medical Robotic Systems |
Single Port Surgical Platforms Market Changing Dynamics
Attributes | Details |
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Growth Drivers | - Growing Preference towards Minimally Invasive Surgery Process
- Increasing Preference towards Scar-Less Slimming Surgeries
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Influencing Trends | - Developing Inclination towards Insignificantly Obtrusive Medical Procedure
- SPSP Diminishes Treatment Costs by Lessening Clinic Remain Of the Patients
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Restraints | - High Costs of Single Port Surgical Platforms
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Road Blocks / Challenges | - Lack of Skilled Professionals, And Triangulation Problems
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Gaps & Opportunities | - Technological Innovations
- Increase in Adoption of SPSP
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. The Global Single Port Surgical Platforms market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
In March 2021, USFDA authorized the marketing of a robotically-assisted surgical device, Hominis Surgical System to perform transvaginal hysterectomy. The new device allows surgeons surgical instruments movements through one or more tiny ports with the help of computer and software technology.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Single Port Surgical Platforms market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Single Port Surgical Platforms market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Providers of Single Port Surgical Platforms, End-Users, Potential Investors, Market Research Firms and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.