Surgical Robots Market is expected to reach USD 14.7 billion by 2024 from USD 5.2 billion in 2016, at a CAGR of 13.7% in the forecast period 2017 to 2024. The new market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Instruments market has the largest market segment in surgical robots market.
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The Global Surgical Robots Market is highly concentrated to a big player and rest to local players who cater to domestic markets only. Intuitive Surgical, Inc., dominated the surgical robots market accounting for the highest market share in 2016, followed by Accuray Inc., Mazor Robotics, Restoration Robotics, Medtech S.A. Other players in this market include Verb Surgical Inc., Auris Surgical Robots, Med Robots Corporation, Virtual Incision Corporation, Think Surgical, Inc., Hansen Medical, Re Walk Robots, and Hocoma AG.
Intuitive Surgical Inc. :
Founded in 1995 as Intuitive Surgical, Inc., and head quartered in Sunnyvale, California, U.S. is focused on designing, developing, manufacturing and marketing of robotic technologies and other related instruments and accessories. The company operates through three business segments: systems, instruments and accessories, and services and training.
Recent Developments:
Mazor Robotics:
Founded in 2001 and headquartered in Caesarea, Isreal. Mazor Robotics is engaged in the development, production, and marketing of medical devices used for surgical procedures in the fields of nanosurgery and orthopaedics. Mazor robotics operates in the field of image-guided surgery and computer assisted surgery.
Recent Developments:
Stryker
Founded in 1941 by Dr. Homer H. Stryker and headquartered in Michigan, U.S. Stryker Corporation specializes in reconstructive, medical and surgical, and neuro technology and spine products. The company has three business segments- orthopedic implants, MedSurg, and Neurotechnology and spine.
Recent Developments:
Global Abdominal Surgical Robots Market – Industry Trends and Forecast to 2027
Global Orthopedic Surgical Robots Market – Industry Trends and Forecast to 2027
Global Surgical Robots Market – Industry Trends - Forecast to 2026
North America Surgical Robots Market – Industry Trends - Forecast to 2026
Europe Surgical Robots Market – Industry Trends - Forecast to 2026
Asia-Pacific Surgical Robots Market – Industry Trends - Forecast to 2026
Middle East - Africa Surgical Robots Market – Industry Trends - Forecast to 2026