Market Size – USD 1.64 Billion in 2019, Market Growth – CAGR of 24.6%, Market Trends – Favorable government initiatives for surgical robots
VANCOUVER, BC, CANADA, October 24, 2021 /EINPresswire.com/ — The Global Surgical Robotics Market is projected to reach USD 9.59 billion in 2027. Rise in automation in the healthcare sector, high demand for minimally invasive treatments, and adoption of advanced technology in both developed and developing economies are expected to boost the surgical robotics and navigation market growth. The major reason for non-compliance of surgical procedures is pain assisted with invasive method.
To acquire the major user acceptance market players in surgical robotics and navigation market are more focused in developing non-invasive and portable robotic platform. For instance, Versius Robotic System from CMR Surgical a UK based company has been used by NHS surgeons for minimal access surgery (MAS) in 2019. The portable design of robotic device permits free movement within ward and between various hospitals also help easy access in keyhole surgery.
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The research report offers in-depth insights into company profiles along with their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, among others. The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.
Leading Players Profiled in the Report:
Medrobotics, Procept BioRobotics, Verb Surgical, DePuy Synthes, BrainLab, Titan Medical, Zimmer Biomet, Globus Medical, Auris Health, TransEnterix, Globus Medical, CMR Surgical, Getinge, Blue Belt Technologies, and ELMED Medical, among others.
Some Key Highlights
Ambulatory care centers for its highest amount of usage and extensive proliferation of the new ASCs in the developed countries are the factors driving the market growth substantially.
In February 2020, Midland Health had partnered with local neurosurgeons and Midland Memorial Hospital for providing small-cut robot-assisted spine surgery. The Mazor X Stealth Robotic Navigation system was used in the operation as it helps with image-based pre-operative analytics and provides intra-operative guidance during surgery.
Medtronic has acquired in 2018 Mazor Robotics in a robot-assisted surgery platform. Medtronic, acquisition was to develop fully-integrated surgical planning, to unite spine technologies with Mazor robotic system. Mazor X has received 510(k) clearance from the FDA, Mazor X and Stealth are used together in the robotic-assisted surgery.
Regional Bifurcation of the Surgical Robotics Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report aims to provide a complete analysis of the global Surgical Robotics market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Surgical Robotics market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.
Key Benefits of Buying the Global Surgical Robotics Report:
Comprehensive analysis of the changing competitive landscape
Assists in decision making processes for the businesses along with detailed strategic planning methodologies
The report offers an 8-year forecast and assessment of the Global Surgical Robotics Market
Helps in understanding the key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends, and opportunities
Comprehensive regional analysis of the Global Surgical Robotics Market
Extensive profiling of the key stakeholders of the business sphere
Detailed analysis of the factors influencing the growth of the Global Surgical Robotics Market
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For the purpose of this report, Emergen Research has segmented into the global Surgical Robotics Market on the basis of Product Type, Applications, End Use and region:
Type Outlook (Revenue: USD Billion; 2017-2027)
Robotic Radiosurgery System
Applications Outlook (Revenue: USD Billion; 2017-2027)
End Use Outlook (Revenue: USD Billion; 2017-2027)
Ambulatory Care Centers
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Surgical Robotics Market Segmentation & Impact Analysis
4.1. Surgical Robotics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
126.96.36.199. Higher accuracy & precision in surgery
188.8.131.52. Growth in minimally invasive surgical system
184.108.40.206. Technological advancement
4.2.3. Market restraints analysis
220.127.116.11. Mechanical Failures associated with surgeries
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Surgical Robotics Market By Types Insights & Trends, Revenue (USD Billion)
5.1. Types Dynamics & Market Share, 2019 & 2027
5.1.2. Spinal surgery
5.1.3. ENT Surgery
5.1.4. Orthopedic Surgery
5.1.5. Robotic Radiosurgery System
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