Surgical Robots Market by Component, Application, End Users and
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The increase in frequency of the number of surgeries worldwide has been crucial in contributing to the growth of sterile equipment market, the increasing investments in healthcare and research facilities for obtaining contamination free environment and equipment, awareness regarding diseases and infections caused as a result of non-sterile conditions has been crucial in contributing to the rising demand for sterilization equipment. At the same time, however, the regulatory scenarios such as strict rules and are predicted to account for restraining the market.
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Major Players in the Surgical Robots Market
The prominent players in the global surgical robots market are Intuitive Surgical, Mazor Robotics, Zimmer Biomet (Medtech), Auris Health, Inc. (Hansen Medical), TransEnterix Surgical, Inc., Stryker, Smith & Nephew, Renishaw plc, Medrobotics and THINK Surgical, Inc.
The medical industry, researchers and other organizations have continually worked towards increasing accuracy and reducing risk during medical procedures. It is also important to realize that the undeniable prerequisite of medical procedures and medicine as a field is that it requires efficiency since factors such as time and precision can greatly influence the outcome of these procedures. As the world is embracing technology and its applications across various fields, technology is also finding its way into the medical and healthcare industry by involving robots in surgical procedures. These robots that are designed to assist surgeons through surgical procedures are controlled with the arms by the surgeon itself while being seated at a computer console close to the operating table. The surgeon is provided with a high definition, 3D view of the surgical site by the console itself.
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Segmentation by Region
The segmentation of the global surgical robots market based on the region can be classified into North America, Europe, Asia Pacific, and the Rest of World (ROW). The robotic surgeries market was dominated by North America, followed by Europe and then the Asia Pacific region. Due to factors such as the availability of advanced surgical solutions and the increasing focus of population on minimally-invasive surgeries North America will continue to dominate the global surgical robots market in the forecast period. The Asia Pacific region, however, is likely to display the highest CAGR, the growth in this market centered at Japan, China, and India. The development in terms of hospital infrastructure, increase in disposable incomes, the growing awareness among the population and are predicted to influence the growth of the market in the Asia Pacific region.
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