The global surgical robots market is estimated to be over US$ 9.0 Bn in 2017. It is anticipated to grow at a double-digit CAGR from 2019 to 2030.
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.
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Market Definition: Surgical Robots Market
Procedures that allow for more precision, an increased flexibility and control as compared to conventional methods would certainly be preferred by medical professionals. The ceaseless need for increased efficiency in regards to surgeries that demand minimal interference has led to the dependence and overall preference of surgical robots. 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.
The Surgical Robots market can be segmented into product and component, application, end-user, region, ongoing trends, and the forecast. The instruments & accessories segment within the component domain is likely to dominate the market with the largest market share owing to the persistent demand for disposable instruments & accessories that are a prerequisite for every procedure. The segment of other applications within the application domain is likely to have the largest market share in the forecast period owing to factors such as the widespread adoption of minimally-invasive procedures in the treatment of various conditions. The hospitals segment is predicted to dominate the market in terms of market share due to the presence of several types of surgical robots for treating a wide variety of conditions and the presence of advanced facilities.
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Market drivers: Surgical Robots Market
The increase in awareness regarding benefits associated with robotic surgeries
The rising adoption of minimally invasive procedures
Market Restraints: Surgical Robots Market
The high cost related to robotic surgeries
The requirement of high-skilled professionals
Key Developments: Surgical Robots Market
Surgical robots as a technology is accelerating at a huge growth circle which promises a potential for diversified career opportunities.
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Some Key Points for TOC
1. Global Surgical Robots Market - Analysis & Forecast, By Application
1.1. Introduction & Definition
1.2. General Surgery
1.3. Orthopedic Surgery
1.5. Gynecological Surgery
1.6. Urological Surgery
1.7. Other Applications
2. Global Surgical Robots Market - Analysis & Forecast, By End Users
2.3. Ambulatory Surgical Centers
2.4. Other End Users
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