Surgical Robots or Robotic surgery has many advantages over traditional open surgery like more accuracy, less pain, small insertions and many more. With the help of surgical robots, surgeons can perform remote surgeries. In emergencies, they are even able to perform surgical procedures through telesurgery with the remotely operated robots using imaging devices. As a result, the uptake of surgical robots is increasing rapidly.
Consecutively, the global surgical robots market is proliferating. The augmenting demand for the minimally-invasive surgeries and more advances robotics has led to the growth of this market across the globe. Moreover, factors such as the technological advancements and the increasing automation taking place in the burgeoning healthcare sector are escalating the market on the global platform.
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Acknowledging the exponential accruals, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the Global Surgical Robots Market will register a whopping double digit CAGR of 22.75 % throughout the forecast period (2017 to 2023), gaining further prominence by the end of the year 2023.
Global Surgical Robots Market – Competitive Analysis
The highly competitive, surgical robots market appears to be fragmented characterized by the presence of various large and small-scale players. Well-established players incorporate strategic initiatives such as acquisition, partnership, collaboration, expansion, and product launch to gain a competitive edge and to maintain their positions in the market.
When it comes to expansion, key players focus on improving their market performance and acquire promising companies in the fast-growing markets. Technology providers employ a continuous improvement strategy to analyze and update the software and invest heavily to implement improvements, and to launch new technologies to meet the changing needs of consumers.
These players develop a state-of-the-art infrastructure that allows seamless implementation of advanced technologies. In view of growth and immense revenue generation potential that market is currently demonstrating, will, in turn, attract several new players to the market. However, those new entrants will find it challenging to survive in the market with the introduction of new technologies.
Key players leading the global surgical robots market include Medtronic, Intuitive Surgical, Inc., Johnson & Johnson, Stryker Corporation, Google Life Sciences, TransEnterix, Hansen Medical, and Mazor Robotics.
Industry/Innovation/ Related News:
January 04, 2019 – Verily (US), a subsidiary research organization of Alphabet focused on the study of life sciences, and healthcare announced raising of USD 1 BN from investors.
Verily has also confirmed that its collaboration with several pharma companies on projects that range from research on surgical robots to developing the retina scan technology for early detection of some eye diseases.
The company said that the new fund would support its investments, including in potential acquisitions and partnerships, and would advance its strategies that are complementary to its current portfolio.
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Global Surgical Robots Market – Segments
MRFR has segmented the report into four key dynamics for an easy grasp;
By Control Mechanism: Computer Control and Direct Telemanipulator.
By Robotic Surgery Approach: Shared Control Robotic Surgical Systems, Supervisor-Controlled Robotic Surgical System, Telesurgery Systems, and Robotic Radiosurgery Systems among others.
By Application: Cardiac Surgery, General Surgery, Gynecologic Surgery, Urologic Surgery, Colorectal Surgery, and Head & Neck Surgery among others.
By Regions: North America, Europe, APAC, and Rest-of-the-World.
Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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