Surgical
Robots Market Overview and analysis By Product Type, By Application, By
Control Mechanism, By End-User and Region—Forecast till 2030
The Global Surgical Robots Market is growing with the rapid
pace mainly due to the burgeoning Healthcare Industry. According to a
recent study report published by the Market Research Future, The surgical
robots market size was valued at USD 4.21 billion in 2021 and is projected to
grow from USD 5.05 Billion in 2022 to USD 21.41 billion by 2030, exhibiting a
compound annual growth rate (CAGR) of 5.8% during the forecast period (2022 -
2030).
Advancements in technology have empowered surgeons to
remotely operate robots and perform surgery. Surgeons can perform a surgical
procedure in emergency situations through telesurgery, with the aid of an
imaging device. 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. Additionally, advancements in technology
over the fast few years have been directed towards reducing costs of products.
This has led to increasing applications of these robots for various tasks.
While high cost of surgical robots, risks associated with
the robotic surgeries and the scepticism toward technology may hamper the
growth of the market. Adversely, the development of Surgical robots with high
artificial intelligence technology is driving the Surgical robots market.
Surgical Robots Global Market – Segments
The Surgical Robots Market can be segmented in to 4 key
dynamics for the convenience of the report and enhanced understanding;
Segmentation By Control Mechanism : Comprises Direct
Telemanipulator and Computer Control.
Segmentation By Robotic Surgery Approach : Comprises Supervisor-Controlled
Robotic Surgical System, Shared Control Robotic Surgical Systems, Telesurgery
Systems, Robotic Radiosurgery Systems.
Segmentation By Application : Comprises General Surgery, Cardiac
Surgery, Gynecologic Surgery, Colorectal Surgery, Urologic Surgery, Head
and Neck Surgery and other.
Segmentation By Regions : Comprises
Geographical regions - North America, Europe, APAC and Rest of the World.
Surgical Robots Global Market – Competitive
Analysis
Characterized by the presence of well-established players; Surgical
Robots market research report appears to be highly competitive. Well
established players incorporate acquisition, collaboration, partnership,
expansion, and product launch in order to gain competitive advantage in this
market and to maintain their market position. Vendors are focusing on improving
their market performance and are expanding by acquiring promising companies in
the fast-growing markets. Marketers employ a continuous improvement strategy
to analyze and update the software, implementing improvements
and launching new technologies to meet the changing needs of consumer.
These manufactures develop a well-established infrastructure that allows
seamless implementation of advanced technologies. They strive to develop
unravel design and adept technology Heavy investments are transpired in R&D
sector from the major players which is in turn helping the market to
grow.
In view of growth and immense revenue generation
opportunities potential that market is currently demonstrating is in turn
attracting several new players to enter the market. However, those new entrants
find it challenging to survive in the market with the introduction of new
technologies.
Surgical Robots Global Market – 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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