Global Surgical Robots Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
MarketResearch.biz delivers in-depth insights on the global surgical robots market in its upcoming report titled, “Global Surgical Robots Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global surgical robots market is estimated to register a CAGR of XX.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. Global surgical robots market report has been segmented on the basis of type, component, application, and region.
In the age of healthcare reform, medical knowledge with aid of information technology has given rise to a concept of robotically-assisted surgery or surgical robot. By using surgical robots, surgeons can perform delicate and complex operation procedure that may be difficult to perform by traditional techniques. Surgical robot system is a fusion of various core technologies such as robot technology, sensor technology, navigation technology, and surgical tool technology. Surgical robots are widely used in different therapeutic are including neurological, urological, gynecological, cardiothoracic, and general surgical procedures The objective of using robots in surgical procedure is to provide improved diagnostic abilities, a less invasive and more comfortable experience for the patient. The trained surgeon sits at a computer station and directs the movements of a robot and carry out surgical procedure with aid of robots. US Food and Drug Administration (FDA) have approved nearly 4000 surgical robots serving more than 1.5 million patients undergoing robotic surgeries globally.
Increasing demand for minimally invasive surgery, less complication on the site of surgery, lower rate of blood transfusion, quicker recover, less noticeable scars, increasing prevalence of chronic disease, increasing in geriatric population and improving the quality of medical treatment and patient care with coupling of medical knowledge with IT are the drivers boasting the global surgical robots market. Need of skilled and trained surgeon to operate, cost for the robotic surgical procedure and machine - including installation and service fees are high as compared to tradition technique are the factors hindering the growth of surgical robots market worldwide.
Clinical robotic surgical system includes camera arm and mechanical arms along with surgical instrument are most commonly use robot type while performing robotically-assisted surgeries. The camera arm helps the surgeons in high-definition, magnified, 3-D view of the surgical site while mechanical arms with instruments helps in performing operation procedure.
Technological innovations such as the capsule robot system, US Food and Drug Administration (FDA) approving ‘Senhance System’, a robotically-assisted surgical device (RASD) for the facilitation of minimally invasive surgery on adult patients and robot dentist performing operation without any input from humans are some current trends in surgical robots market.
North America especially U.S. market is the domination market with nearly about 140,000 robots aid surgeries in 2015. Europe is becoming a powerhouse of medical technological market and more companies are investing heavily in this sector. The market in Asia Pacific is projected to emerging market due to increasing prevalence of chronic disease boasting the growth of the global surgical robots market. Global companies are moving into surgical robots market through merges and acquisition as well as cooperation.
Global surgical robots market segmentation by components:
- Surgical system
Global surgical robots market segmentation by application:
- General surgical procedures
- Orthopedic Surgery
- Others includes (cardio vascular, cardiothoracic, dental)
Global ophthalmic surgical technologies market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Intuitive Surgical, Inc.
- Blue Belt Technologies, Inc..
- Medrobotics Corporation
- TransEnterix, Inc.
- Titan Medical Group, LLC
- Think Surgical Inc.
- Med-Tech Inc.
- Verily Life Sciences, LLC.
- Auris Surgical Rootics, Inc.
- Stryker GmbH & Co. KG.
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