Asia-Pacific Surgical Robots Market, By Product Type (Instruments, Robotic Systems, Accessories and Services), Brands (DA Vinci Surgical System, Cyber Knife, Renaissance, Artas, ROSA, Others), Application (General Surgery, Urological, Gynaecological, Gastrointestinal, Radical Prostatectomy, Cardiothoracic Surgery, Colorectal Surgery, Radiotherapy, Others), End-Users (Clinic, Hospital, Ambulatory Care Centers, Others), Country (China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, and Rest of Asia-Pacific) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Asia-Pacific Surgical Robots Market
Data Bridge Market Research analyses that the Asia-Pacific surgical robots market to be growing at CAGR of 11% in the forecast period of 2021-2028 and is expected to reach the USD 3425.46 million by 2028.
Surgical robots are computer-controlled equipment that performs minimally invasive (MI) and laparoscopic procedures. The tip of the robotic arm is fitted with a magnification high-definition 3-D camera that delivers an exact representation of the body components. They can execute difficult surgeries utilizing miniature surgical devices that can fit through small incisions by replicating the physician’s hand movements. These robots offer a speedier recovery time, less post-operative discomfort, and a lower risk of infection and scarring as compared to traditional operations.
The surge in the adoption rate of surgical robots and advancement in technologies are the major factors that will influence the growth of surgical robots market. Furthermore, improvement in the reimbursement scenario, advantages of robotic-assisted surgery and increasing investment for medical robot research are the major fostering that will enhance the growth of surgical robots market.
Growing penetration of surgical robots in ambulatory surgery centers and emerging markets will create beneficial opportunities for the market growth.
However, lack of skilled professionals and high costs associated with robotic systems are the factors that will obstruct the market growth. Growing concerns about the safety and integration issues will further challenge the surgical robots market.
This Asia-Pacific surgical robots market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Asia-Pacific surgical robots market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Asia-Pacific Surgical Robots Market Scope and Market Size
Asia-Pacific surgical robots market is segmented on the basis of product type, brands, application and end-users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
The surgical robots market is segmented on the basis of product type into instruments, robotic systems, accessories and services.
- On the basis of brands, the surgical robots market is segmented into DA Vinci surgical system, cyber knife, renaissance, artas, ROSA and others.
- On the basis of application, the surgical robots market is segmented into general surgery, urological, gynaecological, gastrointestinal, radical prostatectomy, cardiothoracic surgery, colorectal surgery, radiotherapy and others.
- On the basis of end-users, the surgical robots market is segmented into clinic, hospital, ambulatory care centers and others.
Asia-Pacific Surgical Robots Market Country Level Analysis
The Asia-Pacific surgical robots market is analysed and market size insights and trends are provided by country, product type, brands, application and end-users as referenced above.
The countries covered in Asia-Pacific surgical robots market report are China, Japan, India, Australia, South Korea, Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, rest of Asia-Pacific (APAC).
The country section of the Asia-Pacific surgical robots market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The Asia-Pacific surgical robots market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Asia-Pacific surgical robots market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the Asia-Pacific surgical robots market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Asia-Pacific Surgical Robots Market Share Analysis
The Asia-Pacific surgical robots market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Asia-Pacific surgical robots market.
The major players covered in the Asia-Pacific surgical robots market report are China National Scientific Instruments & Materials Corporation, Medicaroid Corporation, among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.