Robotic surgeries are technological developments that use robotic systems for assisting in surgical procedures. Robot-assisted surgeries are developed for enhancing the capabilities of surgeons that perform open surgery. The global robotic surgeries market is estimated to grow at a considerable rate during the forecast period. Increasing R&D activities in order to enhance healthcare services is one of the major factors contributing to the growth of the global robotic surgeries market. In addition, large patient pools will surge the demand for robotics in surgical procedures in developed as well as developing companies. Additionally, an increasing number of surgeries due to rising chronic diseases globally will further give a boost to the growth of the global robotic surgeries market.

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However, due to high capital cost and low investment, affordability in low-income economies is difficult, which as a result acts as a barrier for the adoption of robot-assisted surgeries. In addition, the lack of high skilled labor further represents another major challenge in the global robotic surgery market. Despite these challenges, factors such as increasing demand for minimally invasive surgeries will result in the development of technologically advanced surgical robots, which in turn, will create ample opportunity for the growth of the global robotic surgeries market during the forecast period. For instance, in 2018, Intuitive Surgical launched da Vinci single-site technology that provides multiport, single-incision surgical procedures, thereby enhancing its acceptability among physicians and patients.

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The global robotic surgeries market is segmented on the basis of end-user and application. Robotic surgeries are widely adopted in the different end-user industry such as hospitals and clinics, research institutes, and ambulatory surgical centers. Among these, hospitals and clinics segment is expected to contribute a significant share in the overall market. The factor contributing to the segmental growth of the market include an increasing number of surgeries owing to the rising prevalence of chronic diseases. Surgical robots offer precision and improve the quality of surgery; hence, reduce the hospital stay of the patients. Further, on the basis of application, the market is segmented into ophthalmology surgery, cardiovascular surgery, neurovascular surgery, oncology surgery, and others.
Geographically, the market is segmented into North America, Europe, Asia-Pacific, and rest of the world. Among these, North America held a significant share in 2018. The factors contributing to the regional growth of the market include increasing adoption of robotic-assisted surgical instruments, a significant number of hip and knee replacements and rising incidences of life-style oriented diseases in the region. Further, the presence of major players such as Intutive Surgical Inc., Globus Medical Inc., and Zimmer Biomet Holdings Inc., further gives a boost to the regional growth of the market.

• RoboticSurgeriesMarketSegmentation

ByApplication
Ophthalmologysurgery
Cardiovascularsurgery
Neurovascularsurgery
OncologySurgery
Others (Urology, andENTsurgery)
ByEnd-User
HospitalsandClinics
ResearchInstitutes
Ambulatory Surgery Centers

• RegionalAnalysis

NorthAmerica
UnitedStates
Canada
Europe
UK
Germany
Italy
Spain
France
RestofEurope
Asia-Pacific
China
Japan
India
RestofAsia-Pacific
Rest of the World

• CompanyProfiles

AccurayInc.
Corindus, Inc.
GlobusMedical, Inc.
IntuitiveSurgical, Inc.
Johnson&Johnson (AurisHealthInc.)
KUKAAG
MedroboticsCorp.
MedtronicPLC (MazorRoboticsLtd.)
Meerecompany, Inc.
RenishawPLC
Smith&NephewPLC
StrykerCorp.
TitanMedical, Inc.
TransEnterixSurgical, Inc.
VerbSurgical, Inc.
Zimmer Biomet Holdings, Inc.

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