Global Surgical Robots Market, By Product Type (Instruments, Robotic Systems, Accessories and Services), Brands (DA Vinci Surgical System, CyberKnife, Renaissance, Artas, ROSA and Others), Application (General Surgery, Urological, Gynaecological, Gastrointestinal, Radical Prostatectomy, Cardiothoracic Surgery, Colorectal Surgery, Radiotherapy and Others) and Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of the Middle East & Africa) Industry Trends and Forecast to 2028.
The surgical robots market is expected to witness market growth at a rate of 15.9% in the forecast period of 2021 to 2028. Data Bridge Market Research report on surgical robots market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the adoption and acceptance of Minimally Invasive Surgeries (MIS) owing to benefits, such as shorter hospital stays is escalating the growth of surgical robots market.
Robotic surgery is known to be a form of minimally invasive surgery which uses robotics for performing surgical process. These robotic systems are operated by surgeons and includes of miniaturized surgical instruments which are mounted on robotic arms, therefore permitting surgeons to achieve the surgeries accurately.
Major factors that are expected to boost the growth of the surgical robots market in the forecast period are the benefits of robotic-assisted surgery. Furthermore, the technological developments and enhancing of reimbursement scenario is further anticipated to propel the growth of the surgical robots market. Moreover, the rise in the acceptance of surgical robots and growing in funding for medical robot research is further estimated to cushion the growth of the surgical robots market. On the other hand, the rise in the price of robotic systems and less adaptation of robotic systems is further projected to impede the growth of the surgical robots market in the timeline period.
In addition, the rise in the penetration of surgical robots will further provide potential opportunities for the growth of the surgical robots market in the coming years. However, the dearth of skilled professionals might further challenge the growth of the surgical robots market in the near future.
This surgical robots market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized 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 the 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.
Global Surgical Robots Market Scope and Market Size
The surgical robots market is segmented on the basis of product type, brands and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them in making strategic decisions for the identification of core market applications.
- On the basis of product type, the surgical robots market is segmented into robotic systems, instruments, accessories and services.
- On the basis of brands, the surgical robots market is segmented into Da Vinci surgical system, Renaissance, Cyberknife, Artas, ROSA and others.
- On the basis of application, the surgical robots market is segmented into general surgery, urological, gynaecological, gastrointestinal, radiotherapy, radical prostatectomy, cardiothoracic surgery, colorectal surgery and others.
Surgical Robots Market Country Level Analysis
The surgical robots market is segmented on the basis of product type, brands and application.
The countries covered in the surgical robots market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the surgical robots market due to the occurrence of international players. Furthermore, the constant developments in robotics will further boost the growth of the surgical robots market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the surgical robots market due to the enhancements in the development of instruments. Moreover, the rising awareness levels regarding robotic surgeries and their benefits is further anticipated to propel the growth of the surgical robots market in the region in the coming years.
The country section of the surgical robots market report also provides individual market impacting factors and changes in regulation in the market domestically that impact 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, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the 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 surgical robots market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the surgical robots market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the surgical robots market. The data is available for the historic period 2010-2019.
Competitive Landscape and Surgical Robots Market Share Analysis
The surgical robots market competitive landscape provides details by a 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 the surgical robots market.
The major players covered in the surgical robots market report are Intuitive Surgical, Accuray Incorporated, Stryker Corporation, Medtronic, Smith & Nephew, THINK Surgical, Inc., TransEnterix Surgical, Inc., Zimmer Biomet, Verb Surgical Inc., Auris Health, Inc., Virtual Incision Corporation and Restoration Robotics, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Surgical Robots Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market, and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.