Latest
report on the Global Surgical Robots Market share can elevate at 18.94% CAGR
during the forecast period (2016-2024). Regarding valuation, the worth of this market
can be USD 19,596.61 Mn by the end of the forecast period.
Surgical
robots are used for robotic-assisted surgery, a minimally invasive surgery,
allowing doctors to perform many complex procedures with more flexibility,
precision, and control, which is not possible with conventional techniques.
The
rising patient acceptance for the use of surgical robots in medical procedures
is not only leading to superior health outcomes but also increasing general
awareness about computer-assisted surgeries.
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Major Industry Players
Big
players in the global surgical robots market are
Stryker
Corporation (USA)
Hansen
Medical (USA)
Intuitive
Surgical Inc. (USA)
Mazor
Robotics (Israel)
Medtech
SA (France)
Merck
Co. & Inc (USA)
Medrobotics
Corporation (USA)
Renishaw
PLC (UK)
Smith
& Nephew (UK)
TransEnterix
Inc. (USA)
Verb
Surgical Inc. (USA)
and
Others.
Surgical
Robots Market Research Insights 2019 by Product Type (Instrument &
Accessories, Robotic Systems and Services), by Application (Gynecologic
Surgery, General Surgery, Cardiac Surgery, Urologic Surgery, Colorectal Surgery
and Head and Neck Surgery), by Control Mechanism (Direct Telemanipulator and
Computer Control), by End User (Hospitals and Ambulatory Surgical Centers) and
by Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) -
Global Forecast till 2024.
TABLE OF CONTENTS
1
Market Introduction
2
Research Methodology
3
Market Dynamics
3.1 Introduction
3.2 Drivers
3.2.1 Technological Advancements In
Surgical Robots
3.2.2 Rising Preference For Minimally
Invasive Surgeries
3.2.3 Increase In Funding For Surgical
Robot Research
3.2.4 Rising Adoption Of Advanced Medical
Technologies And Surgical Robots
3.3 Restraints
3.3.1 High Cost Of Surgical Robots
3.3.2 Risks Associated With
Robotic-Assisted Surgeries
3.4 Opportunities
3.4.1 Consolidation Of Large Healthcare
Players
3.4.2 Great Research And Development
3.5 Challenges
3.5.1 Infant Stage Of Development
3.5.2 Lack Of Compatible Instruments And
Equipment
4
Market Factor Analysis
4.1 Porter’s Five Forces Model
4.1.1 Bargaining Power Of Suppliers
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of New Entrants
4.1.4 Threat Of Substitutes
4.1.5 Intensity Of Rivalry
4.2 Value Chain Analysis
4.2.1 R&D
4.2.2 Manufacturing
4.2.3 Distribution And Sales
4.2.4 Post-Sales Review
Continued….
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A geographical outlining of the global
surgical robots market covers the Americas (North America & Latin America),
Europe, Asia Pacific, and the Middle East & Africa (MEA).
During
the forecast period, North America can hold the largest share in the global
market due to the rising financial capability of hospitals to invest in robotic
systems, strategic collaborations with other companies, growing demand for
minimally-invasive surgeries, and the presence of important market players. Along
with North America, the increasing prevalence of diseases like cancer and
neurological disorders are boosting the market in Europe. The maximum market
revenue in North America comes from the USA and Canada.
The
growing demand for minimally invasive surgeries (or unmanned surgeries) and
miniature robotics is also strongly shaping up the market Europe can become the
second-largest regional market during the forecast period due to the increasing
need for automation in the healthcare sector, technological advancements, and
rising R&D investments. Due to the reasons that are same as the Americas,
Western Europe is a bigger market compared to Eastern Europe. The most
lucrative markets in this region are France, Germany, Italy, Spain, and the UK.
Asia
Pacific region can emerge as the fastest growing regional market due to the
increasing number of hospitals, presence of a vast patient population, and
rapid development in technology. The presence of rising economies like China,
India, and South Korea is also enabling the Asia Pacific market to grow at
23.36% CAGR during the forecast period.
The
MEA market for surgical robots is expected to grow during the forecast period
due to the developing healthcare infrastructure.
Market Segmentation
Global Surgical Robots
Market, by Product Type
- Instrument & Accessories
- Robotic systems
- Services
Global Surgical Robots
Market, by Application
- Gynaecologic Surgery
- General Surgery
- Cardiac Surgery
- Urologic Surgery
- Colorectal Surgery
- Head and Neck Surgery
- Others
Global Surgical Robots
Market, by Control Mechanism
- Direct Telemanipulator
- Computer Control
Global Surgical Robots
Market, by End User
- Hospitals
- Ambulatory Surgical Centers
Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
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