Surgical Robots Market Projected to Register a Significant Growth Rate of 22.75 % by 2023

Surgical Robots Market
Global surgical robots market research report, by Control Mechanism, by Robotic Surgery Approach, by Application- Forecast to 2023

Market Research Future adds new report of “Surgical Robots Market Research Report – Global Forecast To 2023” it contains Company information, geographical data and Table of Content

Competitive Analysis:

Key players profiled in the report are

  • Intuitive Surgical Inc.
  • Medtronic
  • Johnson & Johnson
  • Google Life Sciences
  • Stryker Corporation
  • TransEnterix
  • Mazor Robotics
  • Hansen Medical

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Market Segments:

Global surgical robots market is segmented

  • On the basis of Control Mechanism into direct telemanipulator and computer control
  • On the basis of Robotic Surgery approach they are supervisor-controlled robotic surgical system, shared control robotic surgical systems, telesurgery systems, robotic radiosurgery systems
  • On the basis of Application they are segmented into general surgery, cardiac surgery, gynecologic surgery, colorectal surgery, urologic surgery, head and neck surgery

Market Highlight:

Robotic surgery is the modern way of surgery which involves the use of surgical robots. To enhance the performance and increase the success rate of surgery the robots are used. There are many advantages of robotic surgery over traditional open surgery like more accuracy, less pain, small insertions and many more.  Increasing automation in healthcare sector and increasing demand for the minimally-invasive surgeries and more advances robotics has led to growth of this market across the globe. Beside this increasing incident of cancer, different neurological disorders and many more diseases has provided fuel for the growth of the market. While high cost of surgical robots, risks associated with the robotic surgeries and attitude toward technology may hamper the growth of the market.

Global surgical robots market is expected to grow at a CAGR of 22.75 % during forecasted period 2017- 2023.

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Intended Audience

  • Global surgical robots manufacturers & suppliers
  • Research and development (R&D) companies
  • Market research and consulting service providers
  • Government and Independent Research Laboratories
  • Contract Research Organizations (CROs)
  • Academic institutes and universities

Regional analysis

On regional basis, America has the largest market for surgical robots. Availability of finance, well developed healthcare sector with continuous increasing prevalence of number of diseases are the major driving factor for America surgical robots market. North America is the major contributor for the Americas surgical robots market. In 2016, North America surgical robots market was USD 1,655.8 million. Europe has second leading market which is followed by Asia Pacific region. Increasing prevalence of diseases like cancer and many neurological disorder in Europe has help to grow this market. Asia Pacific region is showing slow growth for surgical robot market. Asia Pacific surgical robots market is expected to grow at a CAGR of 23.36 % forecast period from 2017-2023

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