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Surgical Robotics Market to See Huge Growth by 2027

The Global Surgical Robotics Market is projected to reach USD 9.59 billion in 2027. Rise in automation in the healthcare sector, high demand for minimally invasive treatments, and adoption of advanced technology in both developed and developing economies are expected to boost the surgical robotics and navigation market growth. The major reason for non-compliance of surgical procedures is pain assisted with invasive method. To acquire the major user acceptance market players in surgical robotics and navigation market are more focused in developing non-invasive and portable robotic platform.

Several development of user friendly and technologically developed robotic platforms to capture need gap is one of the major factor driving the market growth. For instance, Senhance Surgical Robotic System a U.S. based company has received Japanese approval for its TransEnterix‘s Senhance robot-assisted surgery device for several procedures. However, the majority of surgeons are unaware of the use of robotics in healthcare, and mechanical failures associated with surgeries are likely to restrain the market.

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Further key findings from the report suggest

  • Ambulatory care centers for its highest amount of usage and extensive proliferation of the new ASCs in the developed countries are the factors driving the market growth substantially.
  • In February 2020, Midland Health had partnered with local neurosurgeons and Midland Memorial Hospital for providing small-cut robot-assisted spine surgery. The Mazor X Stealth Robotic Navigation system was used in the operation as it helps with image-based pre-operative analytics and provides intra-operative guidance during surgery.
  • Key players in the market include Medrobotics, Procept BioRobotics, Verb Surgical, DePuy Synthes, BrainLab, Titan Medical, Zimmer Biomet, Globus Medical, Auris Health, TransEnterix, Globus Medical, CMR Surgical, Getinge, Blue Belt Technologies, and ELMED Medical, among others.

Market Segmentation:

For the purpose of this report, Emergen Research has segmented into the global Surgical Robotics Market on the basis of Product Type, Applications, End Use and region:

  • Type Outlook (Revenue: USD Billion; 2017-2027)
    • Neurosurgery
    • Spinal surgery
    • ENT Surgery
    • Orthopedic Surgery
    • Robotic Radiosurgery System
    • Others
  • Applications Outlook (Revenue: USD Billion; 2017-2027)
    • Pediatrics
    • Adults
    • Geriatrics
  • End Use Outlook (Revenue: USD Billion; 2017-2027)
    • Hospitals
    • Ambulatory Care Centers
    • Others

Regions Covered in This Report:

  1. North America(U.S., Mexico, and Canada)
  2. Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
  3. Europe(U.K., Germany, France, and Rest of Europe)
  4. Latin America(Brazil and Rest of Latin America)
  5. Middle East & Africa(GCC Countries and Rest of Middle East & Africa)

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Key Coverage of the Surgical Robotics Market:

  • Insightful information regarding the global Surgical Robotics market
  • Identification of growth in various segments and sub-segments of the Surgical Robotics market
  • Strategic recommendations for investment opportunities
  • The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
  • Emerging trends and current market segment analysis to help investors formulate new business strategies
  • Accelerates the decision-making process through the availability of the drivers and limitations

Table of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Surgical Robotics Market Segmentation & Impact Analysis
    4.1. Surgical Robotics Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Higher accuracy & precision in surgery
                    4.2.2.2. Growth in minimally invasive surgical system
                    4.2.2.3. Technological advancement
          4.2.3. Market restraints analysis
                    4.2.3.1. Mechanical Failures associated with surgeries
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

READ MORE…!

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