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U.S. Gynecology Robotic Surgery Market worth USD 1.38 Billion at 6.8% CAGR; Usage of da Vinci Robotic Surgical System to Accelerate Growth

October 28th, 2020 Fortune Business Insights Releases

The ‘U.S. gynecology robotic surgery market‘ is set to gain traction from the increasing shift towards minimally invasive procedures over open surgeries as they have lower readmission rates, fewer complications, and provide faster recovery. This information is given by Fortune Business Insights™ in a new report, titled, “U.S. Gynecology Robotic Surgery Market Size, Share & COVID-19 Impact Analysis, By Type (Robotic Systems, Instruments and Accessories, and Services), By End User (Hospitals and Clinics, Ambulatory Surgical Centers, and Physician’s Offices), and Regional Forecast, 2020-2027.” The report further states that the market size was USD 1.04 billion in 2019 and is projected to reach USD 1.38 billion by 2027, exhibiting a CAGR of 6.8% during the forecast period.

Request a Sample Copy of the Research Report:

https://www.fortunebusinessinsights.com/enquiry/sample/u-s-gynecology-robotic-surgery-market-103891

COVID-19: Cancellation of Non-essential Procedures to Hinder Demand

The outbreak of the COVID-19 pandemic has taken a toll on the healthcare sector. Apart from disturbance in the demand and supply chain, it has caused cancellation and postponement of all non-essential, as well as elective dental, surgical, and medical procedures. This also includes gynecology robotic surgeries. The main reason behind this is to reallocate and reserve healthcare resources for the coronavirus positive patients. The American Hospital Association mentioned that in the U.S., hospitals and health systems have experienced a decline of 20% in inpatient volume. We are delivering elaborate research reports to help you regain confidence and surge sales.

This Report Answers the Following Questions:

  • Which prominent player would lead in terms of revenue?
  • Which segment is set to dominate the market in terms of share?
  • Will the COVID-19 pandemic affect this market severely?
  • How will organizations promote the adoption of gynecology robotic surgery?

 

For more information visit : 

https://www.fortunebusinessinsights.com/u-s-gynecology-robotic-surgery-market-103891

Drivers & Restraints-

Rising Geriatric Population to Boost Growth in the U.S.

The rising adoption of sedentary lifestyles and the increasing geriatric population in the U.S. are further surging the incidence of various gynecological conditions among women. This is set to propel the U.S. gynecology robotic surgery market growth in the coming years. As per the American Cancer Society, in 2020, the U.S. is likely to showcase approximately 13,800 new cases of cervical cancer. Apart from that, the rising usage of da Vinci robotic surgical systems for such surgeries would accelerate growth. However, the high cost associated with gynecology robotic surgeries may hamper demand.

Frequently Ask Question :

  • What was the value of the U.S. gynecology robotic surgery market in 2019?

The value of the market of U.S. gynecology robotic surgery was USD 1.04 billion in 2019.

  • How much is the U.S. market worth?

Fortune Business Insights says that the market is projected to reach USD 1.38 billion by 2027.

  • At what CAGR is the market projected to grow during the forecast period (2020-2027)?

The market is projected to rise at a CAGR of 6.8% during the forecast period (2020-2027).

Segment-

Instruments & Accessories Segment to Dominate Backed by Rising Number of Hysterectomies

Based on products, the market is segregated into services, instruments & accessories, and robotic systems. Out of these, the instruments & accessories segment earned 57.2% in terms of the U.S. gynecology robotic surgery market share in 2019. It is set to retain its dominant position in the coming years because of the increasing adoption of gynecology robotic surgery, as well as the higher number of hysterectomies.

Competitive Landscape-

Key Players Focus on Collaboration Strategy to Gain Competitive Edge

The U.S. market for gynecology robotics surgery houses numerous companies. Among them, Intuitive Surgical, Inc. is the leading player owing to its expertise in the field of gynecology robotic surgery. Some of the others are participating in the strategy of collaboration and partnership to gain a competitive edge. Below are two latest industry developments:

  • January 2020: Titan Medical and Cambridge Design Partnership (CDP) joined hands to develop a state-of-the-art robotic surgery system. Their main aim is to provide minimally invasive surgery through a single incision.
  • December 2018: Nicholson Center and CMR Surgical unveiled the first training program for Versius based in the U.S. It would provide training programs to 27 surgical teams.

A list of the renowned gynecology robotic surgery providers operating in the U.S.:

  • Intuitive Surgical, Inc. (California, U.S.)
  • TransEnterix Surgical, Inc. (North Carolina, U.S.)
  • Medrobotics Corporation (Massachusetts, U.S.)
  • Titan Medical Inc. (Ontario, Canada)
  • CMR Surgical Limited (Cambridge, U.K.)
  • avateramedical GmbH (Jena, Germany)
  • Medtronic (Dublin, Ireland)
  • Verb Surgical, Inc. (California, U.S.)
  • Olympus Corporation (Tokyo, Japan)
  • Stryker (Michigan, U.S.)

Have Any Query? Ask Our Experts:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/u-s-gynecology-robotic-surgery-market-103891

Table Of Content :

  1. Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  2. Executive Summary
  3. Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  4. Key Insights
    • Distribution of Hysterectomies Performed in the U.S. by Type of Surgery
    • Details About Key Gynecological Robotic Surgical Systems in the Market
    • Technological Advancements in Gynecology Robotic Surgery
    • Key Industry Developments – New Product Launches, Partnerships, Mergers & Acquisitions, and Others
    • Overview of COVID-19 Impact on Gynecology Robotic Surgery Market

Continue…

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Global U.S. Gynecology Robotic Surgery Market Segmentation :

Segments Covered in the Report

By Type

  • Robotic Systems
  • Instruments and Accessories
  • Services

By End User

  • Hospitals and Clinics
  • Ambulatory Surgical Centers
  • Physician’s Offices

By Geography

  • U.S.

About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges

Contact Us:
Fortune Business Insights(TM) Pvt. Ltd.
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Email: sales@fortunebusinessinsights.com

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