Middle East and Africa Surgical Robots Market, By Product Type (Instruments, Robotic Systems, Accessories and Services), Brands (DA Vinci Surgical System, CyberKnife, Renaissance, Artas, ROSA, Others), Application (General Surgery, Urological, Gynaecological, Gastrointestinal, Radical Prostatectomy, Cardiothoracic Surgery, Colorectal Surgery, Radiotherapy, Others), Country (South Africa and Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Growing focus on the technological advancements by the major manufacturers, rising application of surgical robots by the healthcare industry especially in the developing economies, and growing demand for automotive applications by the industry verticals are the major factors attributable to the growth of the surgical robots market. Data Bridge Market Research analyses that the surgical robots market will exhibit a CAGR of 5.25% for the forecast period of 2021-2028.
From the name itself, it is clear that surgical robots are the robots that are used to perform minimally invasive surgeries. Surgical robots are computer-controlled machines that consist of magnifying high-definition 3-D camera. The major aim behind the application of surgical robots is to enhance the accuracy of surgeries with greater precision. Surgical robots reduce the probability of human errors.
Rising prevalence of neurological disorders across the globe will emerge as the major market growth driving factor. Growing rate of industrialization especially in the developing economies, surging geriatric population base, growing number of industrial collaborations and acceleration in implementation of IT and IOT technologies in various operations will further aggravate the market value. Growing advancements in the imaging technologies and growing incidences of acute and chronic diseases in the backward economies will further carve the way for the growth of the market.
However, dearth of knowledge and technological expertise and lack of awareness in the backward economies will act as a growth restraint for the market. High costs of installation and maintenance will further dampen the growth rate of the market. Growing awareness regarding the target mode of therapies will further challenge the market growth rate.
This 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, geographical expansions, technological innovations in the market. To gain more info on surgical robot’s market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Middle East and Africa 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 the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- 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, gynecological, gastrointestinal, radiotherapy, radical prostatectomy, cardiothoracic surgery, colorectal surgery and others.
Middle East and Africa Surgical Robots Market Country Level Analysis
The surgical robots market is analysed and market size, volume information is provided by country, product type, brands and application as referenced above.
The countries covered in the surgical robot’s market report are South Africa and Rest of the Middle East and Africa.
Saudi Arabia, South Africa and U.A.E in Middle East and Africa are driving the surgical robots market market owing to rising prevalence of cardiovascular diseases, growing demand for minimally invasive surgeries and rising strategic collaboration activities.
The country section of the surgical robot’s 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.
Competitive Landscape and Middle East and Africa Surgical Robots Market Share Analysis
The 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 surgical robots’ market.
The major players covered in the surgical robots market report are Zimmer Biomet, Rethink Robotics, Teradyne Inc., Intuitive Surgical, Accuray Incorporated, Stryker, Medtronic, Smith & Nephew plc, THINK Surgical, Inc., Asensus Surgical US, Inc., Johnson & Johnson Services, Inc., Auris Health, Inc., Virtual Incision Corporation., Venus Concept among other . DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.