Surgical Robots / Robotic surgery refers to modern surgery techniques which involve the use of surgical robots. The global surgical robots market is assessed to exhibit a staggering CAGR of 22.75% during the forecast period, as per the latest MRFR analysis.
Surgical Robots Market Overview
Usage of surgical robots is on the rise, thanks to the enhancement of performance and reduction in human error in surgeries. This has also enabled a higher success rate in surgeries. Other than that, higher accuracy, lower pain, and smaller insertions are also some of the factors pushing doctors and surgeons to adopt robotic surgery. Increasing automation in the healthcare sector and a magnified demand for minimally invasive surgeries is contributing significantly to the growth of the surgical robots market through the forecast period.
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Apart from that, a rising incidence of cancer, different neurological disorders, and many other diseases and disorders are causative of the ascension of the global surgical robots market. On the other hand, a high cost of surgical robots may hamper the growth of the market to a certain extent, in the forthcoming years.
Top Leading Manufacturers in Surgical Robots Industry
Following are some of the significant players profiled in the latest MRFR report
- Intuitive Surgical Inc.
- Johnson & Johnson
- Mazor Robotics
- Stryker Corporation
- Medtronic plc
- Google Life Sciences
- TransEnterix
- and Hansen Medical
Additionally, higher risks associated with the use of surgical robots in complex surgeries and the hesitant attitude towards the adoption of new technology are also posing as market restraints during the conjectured timeline.
Market Segmentation
The global surgical robots market is studied by Market Research Future (MRFR) for various segments that are carried out based on control mechanism, robotic surgery approach, and region.
Based on control mechanism, the global surgical robots market is segmented into computer control and direct telemanipulator.
Based on robotic surgery approach, the surgical robots market is segmented into the supervisor-controlled robotic surgical system, telesurgery systems, shared control robotic surgical systems, and robotic radiosurgery systems.
Based on application, the global surgical robots market is segmented into cardiac surgery, general surgery, colorectal surgery, urologic surgery, head & neck surgery, and gynecologic surgery.
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Global Surgical Robots Market – Regional Analysis
America region is currently dominates the market of surgical robots in the healthcare industry. The high growth in this region is attributed to the factors such as rising financial capability of hospitals to invest in these systems, strategic collaboration with assurance companies, rising patient acceptance for the use of surgical robots in the procedures owing to superior healthcare outcomes, and general awareness about computer-assisted surgeries. U.S. accounts the largest share in Americas Surgical Robots Market. The market is growing due to large acceptance of these robots in surgeries. For instance, with the help of Da Vinci system, total 563,000 procedures are performed in U.S. in 2016, of which 44% was in gynaecology, 33% was in general surgery, and 19% was in urology.
European Market currently holds the second largest market share of surgical robots industry. The market is growing in this region is attributed to the factors such as increasing need for automation in the healthcare sector and growing demand for minimally-invasive surgeries or unmanned surgery and miniature robotics has spurred the growth of Surgical Robots in this market. Moreover, a rise in incidences of colorectal cancer, neurological disorders, and gynaecological diseases is expected to boost the adoption of robotic surgical systems in European countries.
On the other hand, Asia Pacific region is relatively slow in implementing the use of surgical robots in the healthcare sector. Healthcare industry is rapidly shifting to Asia Pacific from other regions such as Americas and Europe.
LIST OF FIGURES
FIGURE 1 GLOBAL SURGICAL ROBOTS MARKET: MARKET STRUCTURE
FIGURE 2 RESEARCH PROCESS
FIGURE 3 SURGICAL ROBOTS MARKET: PORTER FIVE FORCES ANALYSIS
FIGURE 4 GLOBAL SURGICAL ROBOTS MARKET: SUPPLY CHAIN ANALYSIS
FIGURE 5 GLOBAL SURGICAL ROBOTS MARKET, BY CONTROL MECHANISM, 2016 & 2023 (USD MILLION)
FIGURE 6 GLOBAL SURGICAL ROBOTS MARKET, BY ROBOTIC SURGERY APPROACH, 2016 & 2023 (USD MILLION)
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FIGURE 7 GLOBAL SURGICAL ROBOTS MARKET, BY SURGICAL APPLICATION, 2013-2023 (USD MILLION)
FIGURE 8 GLOBAL SURGICAL ROBOTS MARKET, BY REGION, 2016 & 2023 (USD MILLION)
FIGURE 9 EUROPE SURGICAL ROBOTS MARKET, BY COUNTRY, 2016 (%)
FIGURE 10 ASIA-PACIFIC SURGICAL ROBOTS MARKET, BY COUNTRY, 2016 (%)
…To be Continued.
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