Global Surgical Robots Market – Overview
Acknowledging the exponential accruals, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the Global Surgical Robots Market will register a whopping double digit CAGR of 22.75 % throughout the forecast period (2017 to 2023), gaining further prominence by the end of the year 2023.
Surgical robots or robotic surgery has many advantages over traditional open surgery like more accuracy, less pain, small insertions and many more. With the help of surgical robots, surgeons can perform remote surgeries. In emergencies, they are even able to perform surgical procedures through telesurgery with the remotely operated robots using imaging devices. As a result, the uptake of surgical robots is increasing rapidly.
Additional factors stimulating the growth of the market include the increasing prevalence of cancer, various neurological disorders, and heart-related diseases such as cardiovascular diseases among others. Over the past few years, the prices of robotic technology and surgical robotics have dipped led by the advancements in technology, which, in turn, has fostered the growth of the market.
On the other hand, factors such as the risks associated with the robotic surgeries and the skepticism about the efficacy of the robotic technology are obstructing the growth of the market to a large extent. Nevertheless, the development of surgical robots with artificial intelligence technology is expected to support market growth, providing desirable outcomes.
Global Surgical Robots Market - Key Players
Key players profiled in the report are
• Intuitive Surgical, Inc.
• Medtronic
• Johnson & Johnson
• Google Life Sciences
• Stryker Corporation
• Trans Enterix
• Mazor Robotics
• Hansen Medical
Global Surgical Robots Market - Segmentation
The Global Surgical Robots Market can be segmented by control mechanism, robotic surgery approach, and application.
Based on control mechanism, the Surgical Robots Market can be segmented into direct tele manipulator and computer control.
Based on robotic surgery approach, the surgical robots market includes supervisor-controlled robotic surgical system, shared control robotic surgical systems, telesurgery systems, robotic radiosurgery systems.
On the basis of application, the surgical robots market comprises general surgery, cardiac surgery, gynecologic surgery, colorectal surgery, urologic surgery, head and neck surgery and other.
Browse Complete 114 Pages Premium Research Report Enabled with Tables and Figures @ https://www.marketresearchfuture.com/reports/surgical-robots-market-3025
Global Surgical Robots Market - Competitive Analysis
The Surgical Robots Market has turned into a critical factor in the Global Healthcare industry. With the changing technology robotic surgery is also arriving with innovative technology for various surgeries. Many companies are entering this market with their innovative products and ongoing technology. Through extensive research it is found out that the market players are receiving approvals for the various devices in the Surgical Robots market. The key players involved in this approval are Intuitive Surgical, Stryker, Mazor Robotics and Medtech SA. Many companies are getting clearance for their requests which makes it the key development.
Industry News:
January 04, 2019 – Verily (US), a subsidiary research organization of Alphabet focused on the study of life sciences, and healthcare announced raising of USD 1 BN from investors.
Verily has also confirmed that its collaboration with several pharma companies on projects that range from research on surgical robots to developing the retina scan technology for early detection of some eye diseases.
The company said that the new fund would support its investments, including in potential acquisitions and partnerships, and would advance its strategies that are complementary to its current portfolio.
Stryker one of the largest medical technology companies in the world headquarters in US. In 2013, Stryker has acquired MAKO Surgical Corp., a pioneer in the advancement of robotic arm assisted surgery in orthopedics. Stryker has got the FDA approval for MAKO total knee application in 2016.
Intuitive Surgical, Inc. manufacturer of world class robotic surgical systems. da Vinci Surgical System is the most preferred system. Recently in 2017, this company has got approval for new da Vinci X Surgical System which will provides lower-cost, robotic-assisted surgical option for hospitals, surgeons.
Mazor Robotics is a medical device company and manufacturer of a robotic guidance system for spine surgery. In 2017, Mazor Robotics got FDA approval for its Mazor X Align software which will help Mazor Robotics to align leverage Mazor Robotics’ extensive experience in pre-operative planning, image processing, computerized anatomy recognition, and registration of different imaging modalities
Global Surgical Robots Market - Regional Analysis
America region is currently dominates the market of surgical robots in the healthcare industry. The high growth in this region is attributed to the factors such as rising financial capability of hospitals to invest in these systems, strategic collaboration with assurance companies, rising patient acceptance for the use of surgical robots in the procedures owing to superior healthcare outcomes, and general awareness about computer-assisted surgeries. U.S. accounts the largest share in Americas Surgical Robots Market. The market is growing due to large acceptance of these robots in surgeries. For instance, with the help of Da Vinci system, total 563,000 procedures are performed in U.S. in 2016, of which 44% was in gynecology, 33% was in general surgery, and 19% was in urology.
European Market currently holds the second largest market share of surgical robot’s industry. The market is growing in this region is attributed to the factors such as increasing need for automation in the healthcare sector and growing demand for minimally-invasive surgeries or unmanned surgery and miniature robotics has spurred the growth of Surgical Robots in this market. Moreover, a rise in incidences of colorectal cancer, neurological disorders, and gynecological diseases is expected to boost the adoption of robotic surgical systems in European countries.
On the other hand, Asia Pacific region is relatively slow in implementing the use of surgical robots in the healthcare sector. Healthcare industry is rapidly shifting to Asia Pacific from other regions such as Americas and Europe. The major factors for this include, constantly expanding population base along with the cost advantage, the emergence of high-quality and better healthcare infrastructure and institutions in these countries and growing private funds and government initiatives in the region.
For More Information Visit @ https://www.medgadget.com/2019/01/global-surgical-robots-market-registering-a-whopping-cagr-of-22-75-with-medtronic-intuitive-surgical-inc-johnson-johnson-stryker-co-etc-between-2019-2023.html
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