The global robotic surgery devices market was valued at about $4.34 billion in 2018 and is expected to grow to $4.97 billion at a CAGR of 3.5% through 2022.
The robotic surgery devices market consist of sales of robotic surgical devices and related services. Robotic surgeries assisted by a robot attached to a computer, which is monitored by surgeons. Robotic surgical devices are used for minimally invasive procedures and help in performing complex surgeries with more accuracy and precision.
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Robotic Surgery Devices Market Trends
The increasing need to perform complex surgeries is driving the robotics surgery devices market. Complex surgeries such as cancer and prostate removal surgeries require smaller incisions. Robotic surgeries results in smaller cuts in patients, hence there happens to be less blood loss and shortened recovery time. The robotic surgical devices, tools and arms provide versatility and control with better precision to perform complex surgeries and reach into remote body spots where normal surgeon is unable to reach. These benefits would drive the robotics surgical devices market. According to Statista Research, 46% of those aged 18-34 preferred robot-assisted surgery, while 45% of those aged 35-44 preferred robot-assisted surgery. According to a survey conducted by RBC Capital Markets in 2016, 35% of surgeries in US in the next 5 years would be performed by robots.
Major players in the global robotic surgery devices market include Intuitive Surgical, Think Surgical, TranEnterix, Zimmer Biomet and Stryker Corporation.
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Few Points from Table of Contents:
1. Executive Summary
2. Robotic Surgery Devices Market Characteristics
3. Robotic Surgery Devices Market Size And Growth
3.1. Global Robotic Surgery Devices Historic Market, 2014 – 2018, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Robotic Surgery Devices Forecast Market, 2018 – 2022F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Robotic Surgery Devices Market Segmentation
4.1. Global Robotic Surgery Devices Market, Segmentation By Type, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Systems
Accessories
Services
4.2. Global Robotic Surgery Devices Market, Segmentation By Application, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
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