• Popular
    • Medicine
    • Radiology
    • Cardiology
    • Surgery
    • Nanomedicine
    • Military Medicine
    • Rehab
  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS
  • Submit PR
  • Log in
Medgadget
Medgadget
  • Popular
    • Medicine
      Magnetic Dressing Improves Diabetic Wound Healing

      Magnetic Dressing Improves Diabetic Wound Healing

      Eko’s Newest CORE 500 Stethoscope: A Review

      Eko’s Newest CORE 500 Stethoscope: A Review

      Microfluidic System Incorporates Eight Organ Tissues for Drug Testing

      Microfluidic System Incorporates Eight Organ Tissues for Drug Testing

      Suction Cup Delivers Drugs Through Cheek

      Suction Cup Delivers Drugs Through Cheek

    • Radiology
      Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

      Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Portable and Radiation-Free Imaging with Magnetic Nanoparticles

      Portable and Radiation-Free Imaging with Magnetic Nanoparticles

      Imaging Technique Reveals Living Brain Tissue in its Complexity

      Imaging Technique Reveals Living Brain Tissue in its Complexity

    • Cardiology
      Eko’s Newest CORE 500 Stethoscope: A Review

      Eko’s Newest CORE 500 Stethoscope: A Review

      Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

      Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      3D Printed Heart Muscle Beats

      3D Printed Heart Muscle Beats

    • Surgery
      Magnetic Dressing Improves Diabetic Wound Healing

      Magnetic Dressing Improves Diabetic Wound Healing

      Sensor Monitors Transplanted Organs for Signs of Rejection

      Sensor Monitors Transplanted Organs for Signs of Rejection

      Refillable Device for Drug Delivery Past the Blood-Brain Barrier: Interview with Mike Maglin, CEO at CraniUS

      Refillable Device for Drug Delivery Past the Blood-Brain Barrier: Interview with Mike Maglin, CEO at CraniUS

      Droplet Battery Harnesses Ionic Gradients for Bioelectronic Implants

      Droplet Battery Harnesses Ionic Gradients for Bioelectronic Implants

    • Nanomedicine
      Nanorobots Release Reactive Oxygen Species to Kill Fungal Biofilms

      Nanorobots Release Reactive Oxygen Species to Kill Fungal Biofilms

      Bottlebrush Nanoparticles Deliver Immunostimulatory Drugs

      Bottlebrush Nanoparticles Deliver Immunostimulatory Drugs

      Nanoparticles Deliver mRNA Therapy to the Lungs

      Nanoparticles Deliver mRNA Therapy to the Lungs

      Nanoparticles Get Lymphatic Vessels Pumping

      Nanoparticles Get Lymphatic Vessels Pumping

    • Military Medicine
      Wearable Can Take Multiple Sweat Samples

      Wearable Can Take Multiple Sweat Samples

      Wound Dressing Detects Infection, Changes Color

      Wound Dressing Detects Infection, Changes Color

      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fingertip Sensor Measures Lithium Levels in Sweat

    • Rehab
      Stretchable E-Skin for Robotic Prostheses

      Stretchable E-Skin for Robotic Prostheses

      Glasses Provide Audible Prompts for Blind Wearers

      Glasses Provide Audible Prompts for Blind Wearers

      A Wearable to Manage Parkinson’s Motor Symptoms: Interview with Lucy Jung, CEO at Charco Neurotech

      A Wearable to Manage Parkinson’s Motor Symptoms: Interview with Lucy Jung, CEO at Charco Neurotech

      Robotic Ankle Helps with Postural Control in Amputees

      Robotic Ankle Helps with Postural Control in Amputees

  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Log in
  • Submit PR
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS

Robot Assisted Surgical Systems Market to Reach USD 17.80 Billion | Size, Share, Industry Analysis and Global Forecast to 2027

January 21st, 2021 Reports and Data Releases

Growing demand for robot assisted minimally invasive surgeries is predicted to acquire the highest accuracy and success rate and boost market growth. 

Market Size: USD 5.86 billion in 2019

Market Growth: CAGR of 14.8%

Market Trends: Widespread use of surgical robots in ambulatory care units for minimally invasive surgeries. 

The Global Robot Assisted Surgical Systems Market is predicted to escalate from USD 5.86 billion in 2019 to USD 17.80 billion in 2027, with a CAGR of 14.8%. The market is driven at a massive rate as the ambulatory care centers and hospitals around the globe are increasingly adopting robotic surgeries due to their ability to perform complex procedures with minute accuracy, control, and versatility compared with other traditional manual processes.

Initially, robot assisted surgical systems were used in minimally invasive techniques but its fine precision has also resulted in the applicability of robotic assistance in many open surgical procedures. Robotic surgical methods offer various benefits over the conventional methods such as small or no scars, fewer invasions, less complications, and quicker recovery rate. More hospitals and surgeons are inclined to implement robot-assisted surgical methods to attain better precision in the surgery.

Surgical robots are capable of performing trajectory depth and speed of their movements precisely. These surgical robots are specially designed for procedures requiring identical and repetitive movements and surgeries as they are capable of working without any fatigue and great accuracy. These robots are designed with the help of artificial intelligence and deep understanding that enables them to perform surgeries with precision beyond the pre-programmed mobility.

Due to the high efficiency and precision that the surgical robots offer, and the rising demand for minimally invasive surgeries, the market is seen to flourish.

As the global pandemic has impacted the market, key players and manufacturers are coming up with new ideas for production and sales to meet the required demand of the pandemic. The manufacturing units have been disturbed and the supply chain has been affected drastically.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/robot-assisted-surgical-systems-market 

Further key findings:

  • Based on type, neurosurgery gained a significant share in the market in 2019 and is assumed to grow at a CAGR of 12.3% during the forecast period owing to accurate and precise procedures.
  • The advanced computer navigated and robotic techniques used for spinal surgeries is expected to fuel the market growth as these techniques are in demand due to improved precise implant placements.
  • The hospital and clinics sector held the highest share of 69.7% in 2019. Due to the recent technological advances and adoption of robot-assisted surgeries by hospitals and doctors, the segment is expected to expand.
  • The surgical robots held the largest market share of 2019 due to the high investment rate for designing and development and use of surgical robots in full-fledged robotic surgeries. Surgical robotics uses various applications such as data science, micro-instrumentation, flexible robotics, and for other medical purposes in diagnostic, surgical, and therapeutic procedures.
  • North America led the highest share of the robot assisted surgical systems market in 2019. The improved healthcare technology, cognizance regarding minimally invasive surgeries, and accuracy in surgery are some significant factors growing the market demand.
  • The European region has some of the essential players in the market.
  • The overall increase in the investments in the healthcare industry of the Asia Pacific region resulted in a comparative higher customer base.

Key participants in the market:

  • Intuitive Surgical
  • Stryker Corporation
  • Medrobotics Corporation
  • Medtronic
  • Transenterix, Inc.
  • Auris Health, Inc.
  • Omnilife Science, Inc.
  • CMR Surgical
  • Transenterix, Inc.
  • Smith & Nephew

Early Diners Are Offered Free Customization

Get Attractive Discount @ https://www.reportsanddata.com/discount-enquiry-form/3201

For the purpose of this study, Reports and Data has segmented the robot assisted surgical systems market on the basis of type, component, application, and region: 

Type Outlook (Revenue, USD Billion; 2017-2027)

  • Emergency Response & Utility Robots
  • Surgical Robots
  • Rehabilitation Robots
  • Others

Component Outlook (Revenue, USD Billion; 2017-2027)

  • Software
  • Hardware

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Gynecological Surgery
  • Non-Invasive Radiosurgery
  • Urological Surgery
  • Neurosurgery
  • Orthopedic Surgery
  • Emergency Response Robotic System
  • General Surgery
  • Utility Robotic System
  • Others

Regional Outlook (Revenue, USD Billion; 2017-2027)

North America

  • US.

Europe

  • UK.
  • France

Asia Pacific

  • China
  • India
  • Japan

Latin America

  • Brazil

Middle East & Africa

Buy this Report Now @ https://www.reportsanddata.com/checkout-form/3201

Table of Contents

Chapter 1. Market Synopsis

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2018-2027

Chapter 3. Indicative Metrics

Chapter 4. Robot Assisted Surgical Systems Market Segmentation & Impact Analysis

4.1. Robot Assisted Surgical Systems Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers analysis

4.2.2.1. Substantial demand for minimally invasive surgery

4.2.2.2. Increasing growth of robotics technique

4.2.2.3. Increasing investment in the robotics surgery

4.2.3. Market restraints analysis

4.2.3.1. Lack of skilled surgeons

4.2.3.2. Detrimental growth of in the low performing regions

4.3. Technological Insights

4.4. Regulatory Framework

4.5. ETOP Analysis

4.6. Porter’s Five Forces Analysis

4.7. Competitive Metric Space Analysis

4.8. Price trend Analysis

4.9. Customer Mapping

4.10. COVID-19 Impact Analysis

4.11. Global Recession Influence

Continued………

Ask for your specific company profile and country level customization on reports.

Get Insights into Our Other Trending HealthCare Reports:

Biodefense Market By Product Type (Anthrax Vaccine, Small Pox Vaccine, Botulism Vaccine, Radiation Vaccine, Others), By Application, and By Sales Channel, Forecasts to 2027

Medical Marijuana Market By Product Type, By Route of Administration, By Distribution Channel, By Medical Application, And Segment Forecasts, 2016-2026

Kidney Function Tests Market Analysis, By Product Type (Dipsticks, Disposables) By Type (Urine Tests, Kidney Biopsy, Clearance Tests) By End Use (Clinic, Hospitals, Diagnostic Laboratories), Forecasts To 2027

About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Contact Us:
John W
Head of Business Development
40 Wall St. 28th floor New York City
NY 10005 United States
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Facebook | LinkedIn | Twitter | Blogs

Sign up and submit a press release

Sponsored
Ark Surgical Performs First Hysterectomies in the USA with its FDA-Cleared LapBox for Manual Morcellation

Ark Surgical Performs First Hysterectomies in the USA with its FDA-Cleared LapBox for Manual Morcellation

PACKAGING COMPLIANCE LABS WELCOMES NEW CFO, BERNADETTE LEGARETTA

PACKAGING COMPLIANCE LABS WELCOMES JENN GOFF, VP SALES, MARKETING, AND INNOVATION

Clarius Debuts its First Dual-Array Wireless Handheld Scanner Enabling Whole-Body Views of Superficial to Deep Anatomy

Clarius Debuts its First Dual-Array Wireless Handheld Scanner Enabling Whole-Body Views of Superficial to Deep Anatomy

National Liver Health Awareness Month Highlights the Urgent Need for Liver Disease Prevention

National Liver Health Awareness Month Highlights the Urgent Need for Liver Disease Prevention

interviews & reviews
A Wearable to Manage Parkinson’s Motor Symptoms: Interview with Lucy Jung, CEO at Charco Neurotech

A Wearable to Manage Parkinson’s Motor Symptoms: Interview with Lucy Jung, CEO at Charco Neurotech

Eko’s Newest CORE 500 Stethoscope: A Review

Eko’s Newest CORE 500 Stethoscope: A Review

Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

Refillable Device for Drug Delivery Past the Blood-Brain Barrier: Interview with Mike Maglin, CEO at CraniUS

Refillable Device for Drug Delivery Past the Blood-Brain Barrier: Interview with Mike Maglin, CEO at CraniUS

UV-Free Air Decontamination: Interview with Sorel Rothschild, VP at Quantum Innovations

UV-Free Air Decontamination: Interview with Sorel Rothschild, VP at Quantum Innovations

EarliPoint Evaluation System for ASD Diagnosis: Interview with Tom Ressemann, CEO of EarliTec Dx

EarliPoint Evaluation System for ASD Diagnosis: Interview with Tom Ressemann, CEO of EarliTec Dx

Visually Guided Uterine Biopsies in Physician’s Office: Interview with Allison London Brown, CEO of LUMINELLE

Visually Guided Uterine Biopsies in Physician’s Office: Interview with Allison London Brown, CEO of LUMINELLE

  • Subscribe
  • Contact us
  • Submit
  • About
  • Back to top
Medgadget

Medical technologies transform the world! Join us and see the progress in real time. At Medgadget, we report the latest technology news, interview leaders in the field, and file dispatches from medical events around the world since 2004.

  • About
  • Editorial policies
  • Contact
  • Terms of Service
  • Privacy
  • Submit press release
  • Advertise
© Medgadget, Inc. All rights reserved. | The Medical Revolution Will Be Blogged.
Please support this website by adding us to your whitelist in your ad blocker. Ads are what helps us bring you premium content! Thank you!