Title: Surgical Robots Market Innovations in Healthcare Sector to Give Exponential Growth [2020-2028]
1Surgical Robots Market Innovations in Healthcare
Sector to Give Exponential Growth 2020-2028
- Surgical Robots Market by Component (Systems,
Accessories and Services), by Surgery Type
(Gynecology Surgery, Urology Surgery,
Neurosurgery, Orthopedic Surgery, General Surgery
and Other Surgeries) Global Opportunity Analysis
and Industry Forecast, 2020-2028
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- Q1. What is the total market value of surgical
robots market report ? - Q2. What would be forecast period in the market
report? - Q3. What is the market value of surgical robots
market in 2020? - Q4. Which is base year calculated in the surgical
robots market report? - Q5. Which are the top companies hold the market
share in surgical robots market?
3Overview
- The global surgical robots market growth was
valued at 56.29 million in 2017, and is
projected to reach 98.7 million by 2024, growing
at a CAGR of 8.5 from 2017 to 2024. - The surgical robotic system market is gaining
prominence in the recent years owing to rapid
technological advancements, increasing
investments in research and development and its
extensive application in critical surgeries such
as cardiac, orthopedic and neurosurgery.
4Segments
- In terms of revenue, the global surgical robotics
market is segmented on the basis of component,
surgery type and region. - By Component The accessories in component
segment accounted for the highest market share in
2017, owing to rising adoption of surgical
robotic systems across Tier-1 hospitals,
recurrent sales of accessories for these systems
and demand for highly efficient replaceable
components. The services segment would exhibit
the fastest growth rate, registering a CAGR of
15.7 during the forecast period. - By Surgery type The neurosurgery segment
accounted for about one-sixth share of the total
market in terms of value as well as volume and is
expected to grow at a CAGR of 8.6 and 6.5
respectively during the forecast period.
5Geography
- North America dominated the surgical robots
market. The market growth in North America is
primarily a reflection of product innovations and
launches resulting from technological
advancements. The companies mostly adopted
product launch, acquisition, and expansion as
their key strategies to keep pace with the
changing demands of consumers and strengthen
their market position.
6Key Market Players
- The key players operating in the global surgical
robots market are - Smith Nephew Plc. (Blue Belt Technologies,
Inc.), - Auris Surgical Robotics Inc. (Hansen Medical
Inc.), - Intuitive Surgical, Inc.,
- KUKA AG,
- Stryker Corporation (MAKO Surgical Corp.),
- Mazor Robotics,
- Renishaw plc.,
- Medtronic,
- THINK Surgical, Inc., and
- Zimmer Biomet Holdings Inc.
- Other players operating in the value chain are
Transenterix, Verb Surgical, Titan Medical,
Microbot Medical, Accuray and Medrobotics.
7Key Findings of the Surgical Robots Market
- An in-depth market analysis includes analysis of
various regions, which is anticipated to provide
a detailed understanding of the current trends to
enable stakeholders formulate region-specific
plans. - A comprehensive analysis of factors that drive
and restrain the growth of the global is
provided. - The projections in this report are made by
analyzing the current trends and future market
potential from 2021 to 2030, in terms of value.
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