Global Surgical Robots Market Anticipated to Grow at a Rate of 22.75% over the Assessment Period —
Robotic surgery is a modern methodology or approach of surgery that involves the usage of surgical robots, as the name suggests. These forms of surgical robots are used to increase the efficiency level in terms of performance and success rate. The approach is highly advantageous over traditional forms of open surgery. It ensures less pain, a striking level of accuracy and precision, small insertions, and many more advantages.
The Global Surgical Robots Market Is Anticipated to Expand at A CAGR of 22.75% During The Forecast Period Of 2017 To 2023 As Per The Released Report By Market Research Future (MRFR).
The global surgical robots market includes a number of prominent players,
Google Life Sciences
Johnson & Johnson
Intuitive Surgical Inc.
Factors driving the market demand for surgical robots are increasing inclination towards the use of automation in the healthcare sector and the increasing demand for minimally-invasive forms of surgeries and more advanced form of robotics. Aside from this, the market is also positively influenced by the prevalence of cancer, various forms of neurological disorders, and other diseases.
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The global surgical robots market segmentation is done on the basis of robotic surgery approach, application, and control mechanism.
By robotic surgery approach, the market includes shared control robotic surgical systems, supervisor-controlled robotic surgical system, telesurgery Systems, and robotic radiosurgery systems.
By control mechanism, the market divides into computer control and direct telemanipulator.
By application, the market comprises of gynecologic surgery, cardiac surgery, head and neck surgery, colorectal surgery, general surgery, urologic surgery, and other.
The global surgical robots market is regionally segmented into Asia Pacific, Europe, America, and the Middle East & Africa regions.
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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Global surgical robots manufacturers & suppliers
Research and development (R&D) companies
Market research and consulting service providers
Government and Independent Research Laboratories
Contract Research Organizations (CROs)
Academic institutes and universitie
13th Feb 2019, Johnson & Johnson, a global healthcare giant, revealed its plan of acquiring Auris Health, a surgical robotics company, for a striking $3.4 billion in cash. The global giant looks to further expand its digital surgery business with this move.
14th Feb 2019, it was announced by Vicarious Surgical that it had closed down a USD 10 million round of funding that was led by billionaire Bill Gates’ Gates Frontier. The company mentioned its plans of continuing to develop its technology of combining surgical robots and VR with the money.
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