Surgical Robots Market Top Manufacturers Safety Analysis, Global Value and Volume Expand at 22.75% CAGR with Statistics, Forecasts till 2023
Surgical Robots Market Developments by Control Mechanism, by Robotic Surgery Approach, by Application (General Surgery, Cardiac Surgery, Gynecologic Surgery, Colorectal Surgery, Urologic Surgery, Head and Neck Surgery and other) – Forecast to 2023
Pune, India – June 11, 2019 /MarketersMedia/ —
Surgical Robots Market Overview
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.
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.
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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.
Key Players
Intuitive Surgical Inc.
Johnson & Johnson
Mazor Robotics
Stryker Corporation
Medtronic plc
Google Life Sciences
TransEnterix
and Hansen Medical are some of the significant players profiled in the latest MRFR report.
Industry Update
May 2019: CMR Surgicals, a medical start-up based in Cambridge, has announced their success in the very first clinical trial of the latest generation of surgical robots. This trial was conducted by the doctors at the Deenanath Mangeshkar Hospital in Pune, India, using robotic assistants by the name Versius to operate on 70 patients who required keyhole or minimal access surgery for different gynecological and gastrointestinal problems.
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.
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Surgical Robots 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.
Surgical Robots Market Regional Analysis
The global surgical robots market has been geographically segmented into Europe, Asia Pacific, the Americas, and the Middle East & Africa. The Americas are further sub-segmented into North America and Latin America. Among these regions, the Americas are estimated to dominate the global surgical robots market in the healthcare industry. A fast-paced growth of the surgical robots market in the region can be attributed to the rising financial capacity of the hospitals to invest in advanced systems and the strategic collaboration with insurance companies. Further, rising patient acceptance for the use of surgical robots in the procedures owing to higher healthcare outcomes, excellent success rates, and general awareness about computer-assisted surgeries. In North America, the U.S. is anticipated to account for the largest country-specific market share. This market dominance can be owed to wide acceptance of robots in surgeries.
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Europe currently follows the Americas and holds the second largest market share for surgical robots owing to the increasing need for automation in the healthcare sector and a mounting demand for minimally-invasive surgeries or unmanned surgeries and miniature robotics. Furthermore, an ascension observed in the incidences of colorectal cancer, neurological disorders, and gynecological diseases are anticipated to promote the adoption of robotic surgeries in Europe.
Alternatively, Asia Pacific is expected to grow at a relatively slow pace in the implementation of surgical robots during the forecast period. The healthcare industry is rapidly shifting to Asia Pacific due to the constant expansion of the population base along with the cost advantage, and the emergence of high quality and better healthcare infrastructure in the region. Further, the emergence of enhanced healthcare institutions in various countries and the growing private funds and rising supportive government initiatives in the region are likely to boost the market growth.
LIST OF TABLES
TABLE 1 GLOBAL SURGICAL ROBOTS MARKET, BY CONTROL MECHANISM, 2013-2023 (USD MILLION)
TABLE 2 GLOBAL SURGICAL ROBOTS MARKET FOR DIRECT TELEMANIPULATOR, BY REGION, 2013-2023 (USD MILLION)
TABLE 3 GLOBAL SURGICAL ROBOTS MARKET FOR COMPUTER CONTROL, BY REGION, 2013-2023 (USD MILLION)
TABLE 4 GLOBAL SURGICAL ROBOTS MARKET, BY ROBOTIC SURGERY APPROACH, 2013-2023 (USD MILLION)
TABLE 5 GLOBAL SURGICAL ROBOTS MARKET FOR SUPERVISOR-CONTROLLED ROBOTIC SURGICAL SYSTEM, BY REGION, 2013-2023 (USD MILLION)
TABLE 6 GLOBAL SURGICAL ROBOTS MARKET FOR SHARED CONTROL ROBOTIC SURGICAL SYSTEM, BY REGION, 2013-2023 (USD MILLION)
TABLE 7 GLOBAL SURGICAL ROBOTS MARKET FOR TELESURGERY SYSTEM, BY REGION, 2013-2023 (USD MILLION)
TABLE 8 GLOBAL SURGICAL ROBOTS MARKET FOR ROBOTIC RADIOSURGERY SYSTEM, BY REGION, 2013-2023 (USD MILLION)
TABLE 9 GLOBAL SURGICAL ROBOTS MARKET, BY SURGICAL APPLICATION, 2013-2023 (USD MILLION)
TABLE 10 GENERAL SURGERY MARKET, BY REGION, 2013-2023 (USD MILLION)
TABLE 11 CARDIAC SURGERY MARKET, BY REGION, 2013-2023 (USD MILLION)
TABLE 12 GYNECOLOGIC SURGERY MARKET, BY REGION, 2013-2023 (USD MILLION)
TABLE 13 COLORECTAL SURGERY MARKET, BY REGION, 2013-2023 (USD MILLION)
..To Be Continued.
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About Market Research Future: Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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