According to IMARC Group’s latest report, titled “Surgical Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global surgical robots market is currently witnessing strong growth. Looking forward, the global market is expected to register a CAGR of around 12% during 2020-2025. Surgical robots are the computer-controlled automated machines that used to conduct minimally invasive (MI) and laparoscopic surgeries in the healthcare sector. They employ a magnifying high-definition 3-D camera fitted at the tip of the robotic arm to provide an accurate representation of the body parts. Furthermore, surgical robots also consist of HD microscopic imaging systems, data recorders, motion sensors, and robotic controlled catheters to assist surgeons MI surgeries.
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The rising incidences of neurological disorders, along with the growing geriatric population, is augmenting the demand for surgical robots. Furthermore, the increasing preference for MI procedures by both patients and healthcare providers is also substantially increasing the surgical robots market growth. Rising investments in several R&D activities pertaining to robotics and medical sciences are anticipated to drive the global surgical robots market in the coming years.
Several technological advancements, such as the integration of Artificial Intelligence (AI), the Internet of Things (IoT), and virtual and augmented reality (VR/AR) in the healthcare sector are also compelling the product demand. Surgical robots can perform complex procedures by replicating the hand movements of the surgeons, and using miniaturized surgical instruments meant to fit through small incisions. Moreover, surgical robots also offer faster recovery time than regular surgeries, minimal post-operative discomfort, and reduced risks of infection and scars.
Surgical Robots Market 2020-2025 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the surgical robots market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Accuray Incorporated
- Auris Health Inc.
- CMR Surgical
- Corindus Vascular Robotics
- Intuitive Surgical
- Maxar Technologies Limited
- Mazor Robotics Ltd.
- Medrobotics Corporation
- Medtronic
- Renishaw
- Smith & Nephew
- SRI International Inc.
- Stryker Corporation
- Think Surgical
- Transenterix Inc.
- Verb Surgical
- Zimmer Biomet
The report has segmented the global surgical robots market on the basis of product, application, end user and region.
Breakup by Product:
- Robotic Systems
- Instruments and Accessories
- Services
Breakup by Application:
- Gynecological Surgery
- Urological Surgery
- Neurosurgery
- Orthopedic Surgery
- Other Applications
Breakup by End-User:
- Hospitals
- Ambulatory Care Centers
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2014-2019)
- Market Outlook (2020- 2025)
- Market Drivers and Success Factors
- Industry Trends
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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