Surgical Robots Market Innovations in Healthcare Sector to Give Exponential Growth [2020-2028] - PowerPoint PPT Presentation

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Surgical Robots Market Innovations in Healthcare Sector to Give Exponential Growth [2020-2028]


Increase in adoption of advanced robotic surgery over conventional open surgery, a growing number of surgical procedures, and rising incidence rates of gynecological, neurological and urological disorders are the major factors boosting the market growth. Moreover, the introduction of novel and sophisticated surgical robots will cater to the growing needs of end-users. – PowerPoint PPT presentation

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Title: Surgical Robots Market Innovations in Healthcare Sector to Give Exponential Growth [2020-2028]

Surgical 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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save time of readers
  • Q1. What is the total market value of surgical
    robots market report ?
  • Q2. What would be forecast period in the market
  • 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?

  • 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.

  • 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.

  • 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.

Key Market Players
  • The key players operating in the global surgical
    robots market are
  • Smith Nephew Plc. (Blue Belt Technologies,
  • Auris Surgical Robotics Inc. (Hansen Medical
  • 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.

Key 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
  • A comprehensive analysis of factors that drive
    and restrain the growth of the global is
  • 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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